Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Recent Articles
Best of John Grochowski
|
Gaming Guru
The Casino Answer Man3 August 1999
Slot machine payouts are "pooled" only in gathering information for casino statistics. Each slot machine is governed by its own computer, and each slot machine has its own payback percentage. We're just not privy to that information. We do know that in Illinois, for example, no machine may pay less than 80 percent nor more than 100 percent in the long run. That leaves a lot of room for variation. A casino that pays back 95 percent on dollar machines can have an 85 percent machine here, a 98 percent machine there and a 92 percenter across the way. Ideally, we'd like to see the payback percentages for individual machines so we could play the 98 percenters and avoid the 85 percenters. That's something we'll never see, and there's no way to tell a slot machine's payback percentage by looking at it from the outside. So the best we can do is look at a casino's average payback percentages, broken down by denomination of coin used, and say that on the average, we're more likely to win where the returns are higher. There is no one computer that controls paybacks in the whole casino. There is a central computer that monitors all the slot machines, but it has nothing to do with what you see on the reels or the machines' payback percentages. It's merely an accounting device, tracking the outcomes. All that's a long, roundabout way of saying that you are no more likely to find a loose machine in a large casino than a small one, or vice versa. Average payback percentages aren't perfect indicators, but they are our best available guide to where we're most likely to win. Given comparable payback percentages, the size of the casino doesn't matter.This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Recent Articles
Best of John Grochowski
John Grochowski |
John Grochowski |