Slot Payout Percentages

2,236
views
3
replies
Last post made 14 years ago by jakoman
jakoman
  • Started by
  • jakoman
  • United States Sr. Member 392
  • last active 5 years ago

Readers of this topic also read:

  • Jackpot Pirates and Bing Bong are each giving 10 free spins for Book of Ra today, just register and have fun playing🥳

    Read

    Free spins

    1 351
    2 months ago
  • Casino Extreme - Exclusive $340 February Freeroll Tournament US OK! Prizepool: $340 Available on Download version only! Must have an account in USD - YES Tournament name: LCBEX1FEB29 Top 3 places win...

    Read
  • Register a new account at Velvet Spins casino for 120 free no deposit spins on sweet 16 blast with this code: SWEETBLAST 100 dollars max cash out 30 times play through is required Have a great day...

    Read

    Velvet Spins Casino No Deposit

    13 8.1 K
    2 months ago

Please or register to post or comment.

  •   I noticed that some of the slots have a payout percentage ranges listed in the descriptions and the rival descriptions have a set one listed,  I was wondering if they are accurate? 

  • Payout percentages vary, but the law requires more than 75%, so most casinos give between 90% to 97% payback

    Slot machines are typically programmed to pay out as winnings 82% to 98% of the money that is wagered by players. This is known as the "theoretical payout percentage" or RTP, "return to player". The minimum theoretical payout percentage varies among jurisdictions and is typically established by law or regulation.

    2 random wiki/google results


    The winning patterns on slot machines – the amounts they pay and the frequencies of those payouts – are carefully selected to yield a certain fraction of the money played to the "house" (the operator of the slot machine), while returning the rest to the players during play. Suppose that a certain slot machine costs $1 per spin. It can be calculated that over a sufficiently long period, such as 1,000,000 spins, that the machine will return an average of $950,000 to its players, who have inserted $1,000,000 during that time. In this (simplified) example, the slot machine is said to pay out 95%. The operator keeps the remaining $50,000. Within some EGM development organizations this concept is referred to simply as "par". "Par" also manifests itself to gamblers as promotional techniques: "Our 'Loose Slots' have a 93% payback! Play now!" It is worth noting that the "Loose Slots" actually may describe a very few anonymous machines in a particular bank of EGMs.

    A slot machine's theoretical payout percentage is set at the factory when the software is written. Changing the payout percentage after a slot machine has been placed on the gaming floor requires a physical swap of the software or firmware, which is usually stored on an EPROM but may be loaded onto non-volatile random access memory (NVRAM), depending on the capabilities of the machine and the applicable regulations. Based on current technology, this is a time-consuming process and as such is done infrequently


    ps EGM=electronic gaming machine

    hope this helps

  • I accualy found the equasion for figuring out the return on slots.  That is if you take the probibility of any given combonation times the payout and add them all together.  That is the math.  Of course that is with your standard reel machine.  In online video slots I have noticed that the reels do change (thus adjusting the payout percentage).  I am starting to keep track of how many scater and wilds there are on each reel.  That way when the reels have more wilds/scatters I know that the time to play.

    For microgaming espically this helps.

Quick Reply

Please enter your comment.

lcb activities in the last 24 hours

Most viewed forum topics

DeeJay505
DeeJay505 New Mexico 2 months ago
13

Register a new account at Velvet Spins casino for 120 free no deposit spins on sweet 16 blast with this code: SWEETBLAST 100 dollars max cash out 30 times play through is required Have a great day...
Velvet Spins Casino No Deposit

MelissaN
MelissaN Serbia 23 days ago
10

Eternal Slots Casino - Exclusive No Deposit Bonus New players only - US OK! Amount: $77 How to claim the bonus: Players need to sign up through our LINK and enter the bonus code. Bonus code: LCB77...
Eternal Slots Casino Exclusive No Deposit Bonus

matijan
matijan Serbia 18 days ago
161

There are so many new casinos launching these days and it's only natural to want to test them all and find out if they're any good. What do you say about these five for starters? Vote in the poll to...
April 2024 $500 REAL CASH Contest: Let's Test Casinos!