Tag Archives: payout percentage
Slots Payments
There is a clear difference between land casinos and online rooms. The payout is the main difference, and the slots online can be as much as 20% greater than that of land based casinos.
The payout percentage is important for a machine, as it explains how much money of each turn is played back. For example, a player may wish to play some money. Keeping his winnings separately, he then takes the turns until his original pot is spent. He then looks at how much he has left, and calculates the percentage based on how many spins he has made. Quite often, the average payout of a machine is between 52% and 90% of each spin, and this is usually based on many spins. It is impossible to calculate the payout percentage of a machine after one or two turns, and it is therefore wise to continue playing over 100 turns before calculating.
Another factor in the payout is the hit frequency. This estimates how many times it is possible to win even the smallest of amounts. Typically, these run from 5% to 90%, and while there is no direct relationship between the two factors, it would be beneficial to find the machines that offer a greater average of both. This is because it is possible to have the hit frequency of one machine set to 90%, but the pay out is set to 30%, mening that your winnings will be a low amount, and in the long run, you will lose money. However, for short term play, the consistency of the payments is more important than waiting for a large payout.
Payout percentages can vary from machine to machine, but it can also change during each play, as there are no set guidelines, and the spins are purely random. A person’s luck plays the biggest part in how much you can win, as the popularity of the machines is down to the volatile nature of the payouts. One machine that has a consistently high payout rate for one player will not necessarily have high payouts for the next player. Trial and error is important when playing slots.
It is also important to consider the profits that are made from each type of slot machine. Those in a land based casino have lower payout percentages, and so the casino makes more profit from your spins. For example, you need to play the slots machines for a certain amount of spins before you achieve the full effect of the percentage. For each spin, the casino will win part of this money that is not paid out. Typical games can make the casino 25% profits on your turn. An online casino offers higher payout percentages, and will therefore only make an average of 5% on your turns. However, you cannot make these estimates on lower than 100 spins, so knowing your spending limits and sticking to them is advisable when youre finding a machine that offers the payouts to suit you.
Slot Machine Payouts
If you dont care what slot machine you play, picking one is easy. If youre an avid slot machine player, and you want to win the highest amount of money, then you might want to know the slot machine payout to which you are playing. Knowing the pay out percentages is one of the best tips a slot machine player could take heed.
Slot machine payouts vary from machine to machine because of the difference in the pay out schedules so follow a few of these basic rules and you will find the best slot machine payout. You have a choice on how you will find out the slot machine payout, the first option is to ask the casino attendant, or if you are playing online then ask customer service. Most of the time however, you can find this information on the help menu of the slot machine.
By studying the pay table once you have found it, you can determine the variance. A high variance slot machine is usually anything over 10k coins for the highest winning combinations. There is also a medium variance that offers lower variables on a winning combination. High variance games tend to give fewer wins, but once you do win, the win is of substantial amount. Low variance usually gives many small winning combinations but the payout is less than medium or high variance. Always remember, the lower the risk, the lower the slot machine payout.
Payout Percentages Explained What is a payout percentage? This is defined as any amount returned to the slot player in the form of winning cash. This is the difference between total bets and the house edge. Payout percentages may look confusing but actually they are quite easy to understand. If your slot machine states that the payout percentage is 85%, it is safe to say that your slot machine will return 85 cents of winnings to you and will keep the rest of the dollar for revenue. This percentage is actually based on mathematical standings. There is no guarantee that if you spend $100 you will get back 85% of this money. The payout percentage is calculated on a overall of every player, not one player at a time. This means, thousands of spins may result before the percentage is actually paid out.
Slot Machine Payout Schedules A payout schedule is actually a table that explains how the slot machine will pay each winning combination. We all want to win the biggest jackpot, but some slot machines will have huge jackpots but small individual payouts with lower winning combinations. Many times the higher the jackpot, the lower the wins in between.
While most of us will play our whole life and never win the jackpot, we should always play on the slot machines with the best payouts on the lower combinations. Winning a few smaller wins, is much better than never winning that jackpot or anything else for that matter.
There are many that never even look at the payout table or the payout percentage table. It is these people that go home with less money in their pocket than what they initially started with. Stop looking at the highest jackpot amount when searching for the best slot machine to play. Choose a slot machine that offers more winnings for less symbol combinations. You will find that you will be hitting a win a lot more often than if you are focused on the jackpot win.