🤑 Slot Machine Returns & Paybacks - by Michael Bluejay

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The return of a slot machine is the percentage of money actually paid out vs. the amount The Boulder Strip and North Las Vegas casinos have the best odds.


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im off the day after tomorrow, i have never played a slot machine, how easy are they to master, do they And don't plan on winning your return ticket home.


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Players have no way of knowing a game's targeted payback percentage, nor is there any way to know how much the top jackpot contributes to the overall return.


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Slot machines are big business in the gambling industry. Pick slots with the highest “Return to Player Percentage” You'll find slots with the best RTPs as well as a list of the online casinos offering the games and, best of all.


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The best returns for each category are highlighted in bold print. CONNECTICUT SLOT MACHINE PAYBACK STATISTICS. The following information is from.


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im off the day after tomorrow, i have never played a slot machine, how easy are they to master, do they And don't plan on winning your return ticket home.


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The return of a slot machine is the percentage of money actually paid out vs. the amount The Boulder Strip and North Las Vegas casinos have the best odds.


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The return of a slot machine is the percentage of money actually paid out vs. the amount The Boulder Strip and North Las Vegas casinos have the best odds.


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Knowing how to pick a winning slot machine is not easy. Use these Slots tips to find loose slots and get better chances to win And to know which one is an excellent Slot to play, you need to care about the Return to Player.


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While three of these could potentially provide accurate information, two of those would have to have been obtained illegally. In it, he showed that there were 6 theoretical hold settings possible to encode into the machine. S states, territories, and federal district. If anyone locates it, please comment with a link on this post. Time for a couple of caveats. As previously mentioned, theoretical slot machine payout returns are not known except to a few employees at casinos. This post has the following sub-sections:. What is important for a slots players is to record their overall performance, including date, gambling establishment, bankroll, and any winnings. Other statistical information can also be gleaned, if desired, such as the performance of groups of slots machines as well as the overall casino property. How was he able to do this? Do you know how well your slot machine performed last month or last year? At any given time, a casino operator selects one specific theoretical return setting. Second, you may not win back your entire bankroll. Keep in mind that each slot machine has several possible payout percentage settings available to it, which complicates both performing this procedure as well as successfully using that extensive information afterwards in an advantageous manner. A player will need investigate if doing so occurs at any casinos they visit. What about the casino: How well did slots enthusiasts perform there last month or last year? Besides not having data lakes of statistical information, slots enthusiasts have no practical way in which to collect the amount of each individual bet along with its outcome. And, with technology marching forward as it tends to do, the number of settings has likely increased somewhat alongside adding remote access to adjusting the odds electronically. This set of data is what is known to statisticians as a relatively small sample size, which is of limited usefulness. Next, how many credits remain in the machine? Note that returns is plural. However, the other half do not show this. Knowing when this happens, when the first cycle of a bankroll ends and the second begins, can be difficult to guess. But, will it cycle as many times as needed if the bankroll at the beginning of each cycle significantly diminishes? So, without theoretical slot machine payout returns being available to slots enthusiasts, what are we to do? The expression payout return is often used, but those two words is redundant. What I think is interesting about theoretical slot machine payout returns is how they are different from any other game available at a casino. This tends to not be a fast process, and has slowed down the advancement of new gaming technologies to something which, in my opinion, is almost manageable. One enterprising individual has created a YouTube video about how theoretical odds are selected after opening a slot machine. Get My Free Report Revealing…. Typically, payout returns are only discussed in terms of slot machines. For most slots players, this is highly typical. From a high level perspective, let us consider that there are only four possible sources for payout percentages of specific game themes. Are you winning anything? As shown, almost exactly half of the locations that provide denomination-specific slot machine payout returns show maximum denomination machines have the highest return. In other words, be careful if planning to make extensive use of them.{/INSERTKEYS}{/PARAGRAPH} He personally bought a slot machine, then created a video of how to do it using the equipment manual from the slots manufacturer. These gambling periods might be for a single session of play at a casino, over the course of a month of gambling, or even for a full year. To provide a better understanding of slot machines for each of these slot-related areas of knowledge, this post highlights slot machine payout returns. Slot machine manufacturers and casino operators do not make hold or payout percentages of specific slot machines available to the public, naturally enough. For entertainment gamblers, the bankroll brought to the casino is essentially meant to be spent on entertainment. Put another way, casinos provide these statistics when gaming jurisdictions require them to do so. With an extraordinary amount of time along with a huge financial investment, it would be indeed possible to fully map out the payout percentages of a single slot machine. The theoretical payout return is just that: theoretical. However this is interpreted, it is safe to say that maximum denominations having the best payout return is not a very good rule of thumb. These state-by-state reviews of slot machine casino gambling are available on my website as an online resource for slots enthusiasts. A strictly limited amount of actual slot machine payout returns can be known based on your own performance, as mentioned in the prior section on bankroll cycling. What we do is take a close look at any available actual slot machine payout returns that might be available to us. A return from a casino is actual the same as a payout. Actual slot machine payout returns are the results obtained from playing slot machines. So, a set of theoretical slot machine payout returns is provided by slots manufacturers to their customers. I know of no way to prove or disprove this rule of thumb with state-provided statistical data. Theoretical return is an electronic setting for the slot machine. In essence, payout return is the amount of money won divided by the amount of money lost during a gambling period. At some casinos, the amount and times of taxable jackpots from within the last week may be posted on the side of slot machines. Simply put, it is a highly impractical strategy given vast amount of money required as well as the lengthy time involved betting, recording each result, and post-processing the results. My point here is that most games in casinos have known odds of winning, to a high degree of accuracy, and slot machines do not. Because of the two slot machine odds of winning, which again are: 1 if you win, and 2 how much you win. {PARAGRAPH}{INSERTKEYS}How good is it? If reviewing such sites, be careful to ask and look for the source of this information. So, be wary of public forums and groups trying to provide you with slot machine payout returns, especially if a payment is required. These four sources are:. This record can be used by the casino operator to understand actual performance versus planned performance of the slot machine. These rules, which are provided to any player of the game, very specifically define the odds of winning. This setting, however, must first be determined by the casino operator, who evaluates it for both desired casino performance metrics as well as for complying with their gaming jurisdiction requirements. As usual, a player needs to trust their instincts. This entirely depends on your own gambling goals. Finally, there are actual slot machine payout returns obtained from a gaming jurisdiction, which they have because of their legally established gaming regulations. As is starting to become apparent to me, this myth is a slight misunderstanding of what is actually occurring. Slot machine manufacturers design the electronics of slot machines to have a range of possible or theoretical payout percentages, from which casino operators can select as needed. I talk about a few of these myths next, and provide a few reasons why some of them may or may not be true. And, for the lowest setting, any winnings at all were quite rare. The winning strategy this relates to, detailed above, is to try to continue to play slot machines which cycle bankrolls in the hopes of letting the slot machine run long enough to more likely generate a higher amount jackpot. But, what does that really mean? The best way to analyze this myth is to look at the six state gaming commissions that provide actual payout statistics for slot machines with different denominations. This is due to there being two types of payout returns: theoretical and actual. One myth often said is that it is a good rule of thumb for players that slots with higher denominations tend to have a higher payout percentage. Another way actual slot machine payout returns can be known is if they are provided by the casino to the player. The importance of slot machine payout returns comes down to an understanding for slots enthusiasts of both what is possible, determining the highest baseline returns of any available casinos, and comparing their gambling performance to others. While I have most recently been unable to re-locate that specific YouTube video, so will have to explain it here. Another myth also considered to be a good rule of thumb is that the more active a bank of slot machines are, the higher the payouts tend to be. A later section will be about both what is possible due to state gaming regulations as well as how some states require public reporting of payout returns. Statistical variation around that setting is expected, which is why actuals are important. This is where the tough decision lies. Loose slot machines means it has higher payout returns, while tight slot machines have lower payout returns. This assumes any such changes in technology have been approved, as required, by the gaming jurisdictions into which they will be installed. Actual return is what was recorded once the machine had been played for some period of time. They are:. When you put some or all of your bankroll into a slot machine, note how many credits that is. This lack of knowledge has, as is often the case, generated quite a few myths. It is possible that such marketing is truthful due to the constant oversight of all casino activities by the state gaming commission. Some level of actual slot machine payout returns can be gotten in 5 different ways. Based on this understanding of the odds of winning, a bank of slot machines that is actively providing wins is separate from how much is being won. Roulette, craps, and any card game is based on rules. Each slot machine has both a theoretical as well as an actual payout return, usually given in percentages. A term similar to slot machine payout returns is hold percentages. Further, he explained that the highest setting made almost every bet a win. For those trying to earn maximum comps, bankroll cycling is the best way to earn comps. For maximizing take-home, is enough bankroll cycling occurring to give the slot machine enough time to play such that a bigger jackpot becomes more likely?