Understanding Slot Machine Payouts

1. Understanding Slot Machine Payouts Jackpot
2. Understanding Slot Machine Payouts Jackpots
3. Understanding Slot Machine Payouts Odds

Each slot machine has its own set-up with different payouts, and the outcome can really make a difference. The paytables hold key information in slot games, such as the rules and features, plus the RTP (return to player percentage) or hit frequency. Slot machines in Las Vegas cannot go below a 75% RTP, but most online slots will have considerably better odds than that. Better than Average. The average online slot game will have a return to player of somewhere around 96%. Not as good as roulette or blackjack, but considerably better than a game like Keno or Bingo. As we mentioned previously. Class II machines only mimic slots but they have bingo soul: the outcome of the game is determined by the draw of the bingo numbers, which are later translated into slot reel combinations. So, think of it this way – when you place a wager on such devices, you, actually, buy a lottery ticket. Slot Machine Payout Percentages Guide While casino games can be exhilarating, if you're like most players, your goal is to win as much and often as possible. Yet when you play games of chance like slots, your success or failure is largely out of your hands.

Most people look at the vast array of casino slot machines and assume they are all alike. They see a handle, a coin slot, flashing lights and figure one is as good as another. However, in making this assumption, they fail to see a lot of valuable information to help determine if they should play a particular slot machine.

Surprisingly perhaps, machines aren't all the same. The best way to separate one from another is to learn how to 'read' a machine by looking at the payout schedule on the front. Let's see what information can be found on a typical slot machine.

Casinos here in the U.S. and abroad keep several types of slot machines in play at any given time. A few you'll most often see:

Multiplier: This machine has a payout for a certain symbol and the number of coins played multiplies it. If the machine pays 5 coins for three lemons when you play one coin, it would pay 10 for the second coin and 15 for three coins played. This machine does not penalize you for not playing maximum coins. If you plan to play only one coin at a time, this is the type of machine you should look for.

Bonus Multiplier: This machine operates like the multiplier but offers a bonus when you play maximum coins and hit the jackpot. Three 7's may pay 1,000 for one coin, 2,000 for two coins and 10,000 for maximum coins. The central question is whether the bonus is worth playing the extra coin.

Multiple Payline: These machines have more than one line of play. Each coin activates a particular line. If you hit a winner on a line that is not activated, you will not receive anything. The older machines used to have three lines but the newer video slots can have up to nine lines.

Buy-a-Pay: These are the most misunderstood machines in the casino. Each coin activates a different payout. You need the maximum coins to receive the largest jackpot.

One example is the Sizzlin' 7s machines. This machine will pay on cherries, bars, and sevens. The sevens pay 1,000 coins. If you play one coin you collect only on the cherries. If you play two coins you collect on cherries and bars.

Three coins are required to collect on the Sizzlin' 7s. If you hit the jackpot with one coin in you will not win anything -- do not play this machine under any circumstances unless you are playing the maximum coins.

Progressive Slots: The progressive slots take a certain percentage of the money played and add it to a pool for the top jackpot.

Closest casino near frederick md maryland. First and foremost, It is never wise to play a progressive machine with less than the maximum coins -- stories abound of people losing out on lesser progressive jackpots because of short coin play.

Some casinos link machines together within their own facility to offer mini-progressive jackpots.

Megabucks and Quarter Mania are examples of machines from several casinos linked together to offer 'life-changing jackpots'. It's important to keep in mind that payback percentage on lesser wins is lowered to allow for these jackpots.

All of the information you need is posted on the front of each slot machine. Before sitting down to play, taking a minute to 'read' the machine will help make you more knowledgeable in determining which machines may be best suited for you.

Until next time, remember:
'Luck comes and goes..Knowledge Stays Forever.'

If you're interested in playing slots, one of the first things you should learn about is payout percentage. Looking at these numbers will help you understand how various games work so you can make a smart decision about which machines to hit up first.

Understanding Payout Percentages

Payout percentages are something you'll hear a lot about when you're playing slots. Table games refer to this same basic concept as the 'house edge.' The payout percentage for a slot machine tells you the average profit that a casino will make off that machine over a certain period of time. If a slot machine has a 97 percent payout, this means that the casino will keep 3 percent of what players wager over the long-term.

It's important to understand that the payout percentage does not refer to how much you should expect to make back during your afternoon, or even your weekend, of gaming. If you put $100 into a machine with a 97 percent payout, you probably won't get a full $97 back. This is because the numbers are skewed by those lucky individuals who win. If you put in $100 and win $1,000, you've obviously upset the averages for other players, who would have to lose more than 3 percent for the payout percentage to even out to 97 percent.

Common Averages

According to a 2013 article in the Sun Sentinel, Florida's Seminole casinos have a payback percentage of about 97 percent for their slots. Las Vegas strip casinos pay back about 90 percent. Downtown casinos in Las Vegas typically offer a better payback of about 93 percent. Dollar slots nationwide typically pay back about 97 percent because you're putting in more money. Penny and nickel slots offer a lower payout percentage that's typically 90 percent or lower.

Requirements by State

Some states regulate the payback percentages for their slot machines by law. According to American Casino Guide, those with requirements include:

1. Understanding Slot Machine Payouts Jackpot
2. Understanding Slot Machine Payouts Jackpots
3. Understanding Slot Machine Payouts Odds

Each slot machine has its own set-up with different payouts, and the outcome can really make a difference. The paytables hold key information in slot games, such as the rules and features, plus the RTP (return to player percentage) or hit frequency. Slot machines in Las Vegas cannot go below a 75% RTP, but most online slots will have considerably better odds than that. Better than Average. The average online slot game will have a return to player of somewhere around 96%. Not as good as roulette or blackjack, but considerably better than a game like Keno or Bingo. As we mentioned previously. Class II machines only mimic slots but they have bingo soul: the outcome of the game is determined by the draw of the bingo numbers, which are later translated into slot reel combinations. So, think of it this way – when you place a wager on such devices, you, actually, buy a lottery ticket. Slot Machine Payout Percentages Guide While casino games can be exhilarating, if you're like most players, your goal is to win as much and often as possible. Yet when you play games of chance like slots, your success or failure is largely out of your hands.

Most people look at the vast array of casino slot machines and assume they are all alike. They see a handle, a coin slot, flashing lights and figure one is as good as another. However, in making this assumption, they fail to see a lot of valuable information to help determine if they should play a particular slot machine.

Surprisingly perhaps, machines aren't all the same. The best way to separate one from another is to learn how to 'read' a machine by looking at the payout schedule on the front. Let's see what information can be found on a typical slot machine.

Casinos here in the U.S. and abroad keep several types of slot machines in play at any given time. A few you'll most often see:

Multiplier: This machine has a payout for a certain symbol and the number of coins played multiplies it. If the machine pays 5 coins for three lemons when you play one coin, it would pay 10 for the second coin and 15 for three coins played. This machine does not penalize you for not playing maximum coins. If you plan to play only one coin at a time, this is the type of machine you should look for.

Bonus Multiplier: This machine operates like the multiplier but offers a bonus when you play maximum coins and hit the jackpot. Three 7's may pay 1,000 for one coin, 2,000 for two coins and 10,000 for maximum coins. The central question is whether the bonus is worth playing the extra coin.

Multiple Payline: These machines have more than one line of play. Each coin activates a particular line. If you hit a winner on a line that is not activated, you will not receive anything. The older machines used to have three lines but the newer video slots can have up to nine lines.

Buy-a-Pay: These are the most misunderstood machines in the casino. Each coin activates a different payout. You need the maximum coins to receive the largest jackpot.

One example is the Sizzlin' 7s machines. This machine will pay on cherries, bars, and sevens. The sevens pay 1,000 coins. If you play one coin you collect only on the cherries. If you play two coins you collect on cherries and bars.

Three coins are required to collect on the Sizzlin' 7s. If you hit the jackpot with one coin in you will not win anything -- do not play this machine under any circumstances unless you are playing the maximum coins.

Progressive Slots: The progressive slots take a certain percentage of the money played and add it to a pool for the top jackpot.

Closest casino near frederick md maryland. First and foremost, It is never wise to play a progressive machine with less than the maximum coins -- stories abound of people losing out on lesser progressive jackpots because of short coin play.

Some casinos link machines together within their own facility to offer mini-progressive jackpots.

Megabucks and Quarter Mania are examples of machines from several casinos linked together to offer 'life-changing jackpots'. It's important to keep in mind that payback percentage on lesser wins is lowered to allow for these jackpots.

All of the information you need is posted on the front of each slot machine. Before sitting down to play, taking a minute to 'read' the machine will help make you more knowledgeable in determining which machines may be best suited for you.

Until next time, remember:
'Luck comes and goes..Knowledge Stays Forever.'

If you're interested in playing slots, one of the first things you should learn about is payout percentage. Looking at these numbers will help you understand how various games work so you can make a smart decision about which machines to hit up first.

Understanding Payout Percentages

Payout percentages are something you'll hear a lot about when you're playing slots. Table games refer to this same basic concept as the 'house edge.' The payout percentage for a slot machine tells you the average profit that a casino will make off that machine over a certain period of time. If a slot machine has a 97 percent payout, this means that the casino will keep 3 percent of what players wager over the long-term.

It's important to understand that the payout percentage does not refer to how much you should expect to make back during your afternoon, or even your weekend, of gaming. If you put $100 into a machine with a 97 percent payout, you probably won't get a full $97 back. This is because the numbers are skewed by those lucky individuals who win. If you put in $100 and win $1,000, you've obviously upset the averages for other players, who would have to lose more than 3 percent for the payout percentage to even out to 97 percent.

Common Averages

According to a 2013 article in the Sun Sentinel, Florida's Seminole casinos have a payback percentage of about 97 percent for their slots. Las Vegas strip casinos pay back about 90 percent. Downtown casinos in Las Vegas typically offer a better payback of about 93 percent. Dollar slots nationwide typically pay back about 97 percent because you're putting in more money. Penny and nickel slots offer a lower payout percentage that's typically 90 percent or lower.

Requirements by State

Some states regulate the payback percentages for their slot machines by law. According to American Casino Guide, those with requirements include:

• Arizona: 80% – 100%
• Arkansas: 83%
• Florida: 85%
• Kansas: 80%
• Louisiana: 80% – 99.9%
• Maine: 89%
• Maryland: 87%
• Michigan: 75%
• Minnesota: 80% – 95%
• Montana: 80%
• New Mexico: 80% – 96%
• North Carolina: 83% – 98%
• North Dakota: 80% – 100%
• West Virginia: 80% – 95%
• Wisconsin: 80% – 100%

Payout by Game

The more you spend for each round on a slot machine, the higher your payout percentage will usually be. For example, in Louisiana, the payout percentage for $5 slots ranges from 93.2 percent to 94.4 percent. For nickel slots your payout is between 91.3 percent and 92.6 percent. Penny slots have the lowest payout with percentages ranging from 88.4 to 88.6.

Considerations When Playing

Always remember that payout percentages don't necessarily reflect what you'll make on a certain game. You'll enjoy higher payouts on games that you put more money into, because an hour on these machines is more expensive than an hour with the penny slots. Over the long haul, the casino still earns more. Play within your means on any machine that you choose.
Slots are a fast and fun way to delve into the world of gaming. Understand your odds and then give these games a try.

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