Casino slot machine payout percentage

casino slot machine payout percentage

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In the last few years, new multi-denomination slot machines have been introduced. With these slot machines, the player can choose the value of each credit wagered the stake from a list of options.

Based upon the player's selection, the slot machine automatically calculates the number of credits the player receives in exchange for the cash inserted and displays the number of available credits to the player.

Bonus is a special feature of the particular game theme, which is activated when certain symbols appear in a winning combination.

Bonuses vary depending upon the game. In other bonus rounds, the player is presented with several items on a screen from which to choose.

As the player chooses items, a number of credits is revealed and awarded. Some bonuses use a mechanical device, such as a spinning wheel, that works in conjunction with the bonus to display the amount won.

Some machines feature two or more of these bonus styles as part of the same game. Candle is a light on top of the slot machine.

It flashes to alert the operator that change is needed, hand pay is requested or a potential problem with the machine. It can be lit by the player by pressing the "service" or "help" button.

Coin hopper is a container where the coins that are immediately available for payouts are held. When a certain preset coin capacity is reached, a coin diverter automatically redirects, or "drops," excess coins into a "drop bucket" or "drop box.

Credit meter is a visual LED display of the amount of money or number of credits on the machine. On video reel machines this is either a simulated LED display, or represented in a different font altogether, based on the design of the game graphics.

Drop bucket or drop box is a container located in a slot machine's base where excess coins are diverted from the hopper. Typically, a drop bucket is used for low denomination slot machines and a drop box is used for high denomination slot machines.

A drop box contains a hinged lid with one or more locks whereas a drop bucket does not contain a lid. The contents of drop buckets and drop boxes are collected and counted by the casino on a scheduled basis.

Free Spin is a term used in slot games and online slot games to specify that the spin will be completed without a charge or on the same wager.

Free spins can get triggered by a number of things, each game uses a different method. Usually, landing a number of special symbols on reels is required to activate the free spins bonus round.

Mostly scatter symbols are preferred for this activation, although wild symbols or a completely different symbol dedicated for this feature can be used too.

In most slot games, landing at least three special symbols on reels is mandatory to trigger the feature.

Once triggered, free spins bonus round award a number of spins free of charge to the player. The number of free spins differ from game to game.

If there is the ability to re-trigger free spins during the free spin bonus there is no theoretical limit to the number of free spins obtainable.

The spins are automatically used by the game and the player keeps any profit after the spins are complete. A single free spin is sometimes called a respin.

Hand pay refers to a payout made by an attendant or at an exchange point "cage" , rather than by the slot machine itself. A hand pay occurs when the amount of the payout exceeds the maximum amount that was preset by the slot machine's operator.

Usually, the maximum amount is set at the level where the operator must begin to deduct taxes. A hand pay could also be necessary as a result of a short pay.

Hopper fill slip is a document used to record the replenishment of the coin in the coin hopper after it becomes depleted as a result of making payouts to players.

The slip indicates the amount of coin placed into the hoppers, as well as the signatures of the employees involved in the transaction, the slot machine number and the location and the date.

MEAL book M achine e ntry a uthorization l og is a log of the employee's entries into the machine.

Low Level or Slant Top slot machines include a stool so the player has sitdown access. Stand Up or Upright slot machines are played while standing.

Optimal play is a payback percentage based on a gambler using the optimal strategy in a skill-based slot machine game.

Payline is a line that crosses through one symbol on each reel, along which a winning combination is evaluated. Classic spinning reel machines usually have up to nine paylines, while video slot machines may have as many as one hundred.

Paylines could be of various shapes horizontal, vertical, oblique, triangular, zigzag, etc. Rollup is the process of dramatizing a win by playing sounds while the meters count up to the amount that has been won.

Short pay refers to a partial payout made by a slot machine, which is less than the amount due to the player.

This occurs if the coin hopper has been depleted as a result of making earlier payouts to players. The remaining amount due to the player is either paid as a hand pay or an attendant will come and refill the machine.

Scatter Symbol It is required to place at least two of the same symbols on a pay line to get paid in slot games.

However, scatter symbols work differently and award a prize whether they are placed on a pay line or not. But the player still needs to get at least two of them in modern slot games.

The more, the better. Scatter symbols are usually used to award a number of free spins. The number of free spins differs from game to game; i.

They can also award coin prizes, based on their number. The prizes are usually small, but they are paid in addition to other winnings. The scatter symbol is usually a special symbol, which means the wild symbol cannot replace it, although in some games the wild symbol also substitutes for scatters.

Slot variance is a measure of risk associated with playing a slot machine. A low variance slot machine has regular but smaller wins and a high variance slot machine has fewer but bigger wins.

Taste is a reference to the small amount often paid out to keep a player seated and continuously betting. Only rarely will machines fail to pay out even the minimum placed a bet over the course of several pulls.

Tilt Electromechanical slot machines usually include an electromechanical " tilt switch ", which makes or breaks a circuit if the machine is tilted or otherwise tampered with, and so triggers an alarm.

While modern machines no longer have tilt switches, any kind of technical fault door switch in the wrong state, reel motor failure, out of paper, etc.

Theoretical Hold Worksheet A document provided by the manufacturer for all slot machines, which indicates the theoretical percentage that the slot machine should hold based on the amount paid in.

The worksheet also indicates the reel strip settings, number of coins that may be played, the payout schedule, the number of reels and other information descriptive of the particular type of slot machine.

Weight count is an American term, referring to the dollar amount of coins or tokens removed from a slot machine's drop bucket or drop box and counted by the casino's hard count team through the use of a weigh scale.

Wild Symbol Wild symbols act like joker cards in a slot game. Basically, they substitute for all other symbols in the game, usually except for other special symbols, such as scatter and jackpot.

They can appear on any of the reels. However, this is not mandatory and can be changed from game to game. In some games, wild symbols can appear only on certain reels.

Or, they can appear only during the bonus rounds. The player must refer to the rules and paytable of the game to learn about the landing rules.

Mobile is when the slot machine is hosted for online gambling and it is usually available for use on a phone, tablet, or other portable device.

These are often standalone mobile casino applications but are also found as part of the online casino site. By , HTML5 technology and the advancement of mobile browsers had negated the need for standalone mobile apps.

New slots are, by majority, playable on both mobile and desktop devices. Each machine has a table that lists the number of credits the player will receive if the symbols listed on the pay table line up on the pay line of the machine.

Some symbols are wild and can represent many, or all, of the other symbols to complete a winning line. Especially on older machines, the pay table is listed on the face of the machine, usually above and below the area containing the wheels.

Most video machines display the pay table when the player presses a "pay table" button or touches "pay table" on the screen; some have the pay table listed on the cabinet as well.

Historically, all slot machines used revolving mechanical reels to display and determine results. Although the original slot machine used five reels, simpler, and therefore more reliable, three reel machines quickly became the standard.

This limited the manufacturer's ability to offer large jackpots since even the rarest event had a likelihood of 0. Although the number of symbols eventually increased to about 22, allowing 10, combinations, [21] this still limited jackpot sizes as well as the number of possible outcomes.

In the s, however, slot machine manufacturers incorporated electronics into their products and programmed them to weight particular symbols.

Thus the odds of losing symbols appearing on the payline became disproportionate to their actual frequency on the physical reel.

A symbol would only appear once on the reel displayed to the player, but could, in fact, occupy several stops on the multiple reel.

With microprocessors now ubiquitous, the computers inside modern slot machines allow manufacturers to assign a different probability to every symbol on every reel.

To the player it might appear that a winning symbol was 'so close', whereas in fact the probability is much lower.

In the s in the UK machines embodying microprocessors became common. These used a number of features to ensure the payout was controlled within the limits of the gambling legislation.

As the coin was inserted into the machine it could go one of two routes, either direct into the cashbox for the benefit of the owner, or alternatively it would go into a channel that formed the payout reservoir, the microprocessor monitoring the number of coins in this channel.

The drums themselves were driven by stepper motors, controlled by the processor and with proximity sensors monitoring the position of the drums.

A "look up table" within the software allows the processor to know what symbols were being displayed on the drums to the gambler.

This allowed the system to control the level of payout by stopping the drums at positions it had determined. If the payout channel had filled up, the payout became more generous, if nearly empty, less so thus giving good control of the odds.

The video slot machine is a more recent innovation, with no moving parts at all — instead a graphical representation of one appears on screen. In addition, because there are no mechanical constraints on the design of video slot machines, most display five reels rather than three.

This greatly expands the number of possibilities: As there are so many combinations given by five reels, the manufacturers do not need to weight the payout symbols although some may still do so.

Instead, higher paying symbols will typically appear only once or twice on each reel, while more common symbols, earning a more frequent payout, will appear many times.

Video slot machines typically encourage the player to play multiple "lines", so rather than simply taking the middle of the three symbols displayed on each reel, a line could go from top left to bottom right, or any of the other patterns specified by the manufacturer.

As each symbol is equally likely, there is no difficulty for the manufacturer in allowing the player to take any or all of the possible lines on offer — the long-term return to player will be the same.

The difference for the player is that the more lines he plays the more likely he is to get paid on a given spin — though of course he is betting more in the first place.

To avoid the feeling that the player's money is simply ebbing away whereas a payout of credits on a single line machine would be bets, and the player would feel they had made a substantial win, on a 20 line machine, it would only be 5 bets and would not seem significant , manufacturers commonly offer bonus games, which can return many times their bet.

The player is encouraged to keep playing to reach the bonus: All modern machines are designed using pseudo random number generators "PRNGs" , which are constantly generating a sequence of simulated random numbers, at a rate of hundreds or perhaps thousands per second.

As soon as the "Play" button is pressed, the most recent random number is used to determine the result.

This means that the result varies depending on exactly when the game is played. A fraction of a second earlier or later, and the result would be different.

It is important that the machine contains a high-quality RNG implementation, because all PRNGs must eventually repeat their number sequence, [24] and if the period is short, or the PRNG is otherwise flawed, an advanced player may be able to 'predict' the next result.

Having access to the PRNG code and seed values, Ronald Dale Harris , a former slot machine programmer, discovered equations for specific gambling games like Keno that allowed him to predict what the next set of selected numbers would be based on the previous games played.

Most machines are designed to defeat this by generating numbers even when the machine is not being played, so the player cannot tell where in the sequence they are, even if they know how the machine was programmed.

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.

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.

Within some EGM development organizations this concept is referred to simply as "par. 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 or even stored on CD-ROM or DVD , 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. Other jurisdictions, including Nevada, randomly audit slot machines to ensure that they contain only approved software.

Historically, many casinos, both online and offline, have been unwilling to publish individual game RTP figures, making it impossible for the player to know whether they are playing a "loose" or a "tight" game.

Since the turn of the century some information regarding these figures has started to come into the public domain either through various casinos releasing them—primarily this applies to online casinos—or through studies by independent gambling authorities.

The return to player is not the only statistic that is of interest. The probabilities of every payout on the pay table is also critical. For example, consider a hypothetical slot machine with a dozen different values on the pay table.

However, the probabilities of getting all the payouts are zero except the largest one. Also, most people would not win anything, and having entries on the paytable that have a return of zero would be deceptive.

As these individual probabilities are closely guarded secrets, it is possible that the advertised machines with high return to player simply increase the probabilities of these jackpots.

The added advantage is that these large jackpots increase the excitement of the other players. This game, in its original form, is obsolete, so these specific probabilities do not apply.

He only published the odds after a fan of his sent him some information provided on a slot machine that was posted on a machine in the Netherlands.

The psychology of the machine design is quickly revealed. There are 13 possible payouts ranging from 1: Most players assume the likelihood increases proportionate to the payout.

The one midsize payout that is designed to give the player a thrill is the It is programmed to occur an average of once every plays.

In contrast the The highest payout of 2, The player who continues to feed the machine is likely to have several midsize payouts, but unlikely to have a large payout.

He quits after he is bored or has exhausted his bankroll. Despite the fact that they are confidential, occasionally a PAR sheet is posted on a website.

They have limited value to the player, because usually a machine will have 8 to 12 different possible programs with varying payouts.

Montana law permits bars and taverns to have up to 20 video gaming devices that play video poker, video keno, or video bingo.

These machines are operated in partnership with the state and are not permitted to pay out in cash; instead, they print out a receipt which must be taken to a cashier.

There are seven Indian casinos offering video gaming machines that also print out a receipt. No public information is available concerning the payback percentages on gaming machines in Nebraska.

These numbers reflect the percentage of money returned to the players on each denomination of machine. All electronic machines including slots, video poker and video keno are included in these numbers.

Rather, they are classified by area. The annual gaming revenue report breaks the Las Vegas market down into two major tourist areas: There is also a very large locals market in Las Vegas and those casinos are shown in the gaming revenue report as the Boulder Strip and North Las Vegas areas.

Las Vegas — All Slot Machines The Strip — All electronic machines including slots, video poker and video keno are included in these numbers and the highest-paying returns are shown in bold print.

As you can see, the machines in downtown Las Vegas pay out slightly more than those located on the Las Vegas Strip.

Not only are those numbers among the best returns in the Las Vegas area, they are among the best payback percentages for anywhere in the United States.

These numbers reflect the percentage of money returned on each denomination of machine and encompass all electronic machines including slots, video poker and video keno.

Following is information from the New Jersey Casino Control Commission regarding average slot payout percentages for the month period from July 1, through June 30, These figures reflect the total percentages returned by each casino for all of their electronic machines which includes slot machines, video poker, etc.

The terms of the compact between the tribes and the state allow table games and slot machines, including video keno and video poker. These machines do not pay out in cash.

Instead, they print out a receipt which must be exchanged for cash. In late New York passed legislation allowing up to four destination casino resorts in upstate New York.

Three have opened and the fourth, Resorts World Catskills, is expected to open by mid In October , legislation was passed to allow for the introduction of slot machine-type video lottery machines at New York racetracks.

The machines all accept cash but do not pay out in cash. They print a receipt which must be taken to a cashier. There are also six Indian casinos which are limited by law to the following maximum bet limits: Ohio voters passed a statewide referendum in November to allow one casino to open in each of four major cities: Cleveland, Cincinnati, Columbus and Toledo.

There are also seven racetracks that offer video lottery terminals. In either case, the gaming machines are not allowed to accept or payout in coins.

All payouts must be done by a printed receipt or via an electronic debit card. No public information is available concerning the payback percentages on gaming machines in Oklahoma.

Oregon law permits bars and taverns to have up to six video lottery terminals that offer various versions of video poker. Racetracks are allowed to have no more than 10 machines.

The machines accept cash but do not pay out in cash; instead, they print out a receipt which must be taken to a cashier. There are nine Indian casinos in operation in Oregon.

Each Tribe is free to set their own limits on their machines. South Carolina has two gambling cruise ships which sail three miles out into international waters where casino gambling is permitted.

Since the casino boats travel in international waters they are free from regulations and the machines can be set to pay back whatever the operators want without regard to a minimum payback percentage.

Machines are usually tamper-proof, which means that casinos cannot change the payout percentage once the machine is in situ.

The payout percentage is not the only statistic that should be considered when playing a machine.

The probability of a payout is also important. If the probability is very low on a machine, statistically, the player would have to play for longer to achieve the average payout percentage.

Irregular gameplay may invalidate your bonus. Free spins have 3-day expiry and are available on selected games only. Throughout this website we provide information on bonuses and offers from numerous online casinos.

Each of these offers have specific Terms and Conditions.

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Casino Slot Machine Payout Percentage Video

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