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Most slot players have seen the advertisements or billboards proclaiming that the XYZ casino has the loosest slots on the town. These ads will also say that the machines have a 98 percent payback percentage. Within the casino you may even see an indication reading that machines in a definite carousel have a guaranteed return of 99 percent. While these types of claims could also be truthful, they are often deceptive to the common player.
Payback is the full percentage that a machine will return to the player ultimately. These figures are programmed into the machines computer chip and are set by the manufacturer to the specifications that the casino wishes to make use of for that machine. This can be anywhere from 75 to 99 percent. Some states regulate the minimum payback that a machine can return.
Many players believe they are going to win more on a machine that pays out 99 percent in comparison to a machine that pays out 94 percent but this isn't necessarily true. The payback percentage is the profit that the casinos can expect to earn over the life of the machine. The common player won't ever play long enough to look the entire return. Simply because a machine has a payback of 99 percent that doesn't mean you're going to win back $98 for each $100 you play in the course of the machine.
You might play $100 through a slot machine with a 94 percent payback and win $5,000 after which sit and play $100 through a machine with a 99 percent return and lose all of it in a couple of hours. There's no way of gauging the total return if you happen to only play a machine for a couple of hours or perhaps a few days a year. The casinos can do have some way of checking the longer term payback because they have got access to the coin meters within the machines.
All of the slot machines have meters that record every coin installed and each coin paid out. Within the new coinless with machines with bill receptors they might count the “credits” played during the machine. All of it works out the similar. For those who receive a hand paid jackpot these meter reading are recorded at the pay voucher that the attendant takes to the cage once they get your money. Most casinos now have automated computerized systems that track all of this knowledge from the machines right into a central database. They may be able to look any machine and determine the payback for any given time frame but you because the player isn't aware of this data.
Play Inexpensive As a general rule the upper denomination slot machines have a better overall payback percentage that the lower ones. Many players have heard that it's better to play the upper denomination machines as a result of higher payback. In the event you can afford it by all means you wish to play the slots with the top payback.
While this can be true should you visit the casino often and play a large number of slots it could not be the most efficient advice for many players. If in case you have a limited bankroll and wish to make your gambling dollars last more you are significantly better off playing a lower denomination machine. The worst thing a player can do is to play any game for more cash than the can afford to lose or at the next denomination than their bankroll will handle.
I am often asked if it might be better to play a sing coin in a dollar machine in preference to three coins or four coins in 1 / 4 slot machine as a result of higher payback within the dollar machine. This sounds good in theory and can work for those who can also be content playing a single coin per spin. However, most of the new video slots offer games with multiple pay lines. Most players may want to play a couple of line on a majority of these games so that you need to consider the full cost of a spin can be much higher than the bottom denomination of the machine. For this reason your are seeing an increasing number of of those machines in lower denominations similar to nickels and even pennies.
The Best Advice The best advice I WILL come up with is to play the games you enjoy most on the highest denomination you'll be able to afford. As a recreational player your first goal is to rejoice. When you only visit the casino occasionally the entire payback of the machine is probably not much concern to you as you'll likely never play long enough to peer the longer term affects of the payback percentages.
Until Next time remember: Luck comes and goes.....Knowledge Stays Forever.
Read More... [Source: About.com Casino Gambling: What's Hot Now]
