Slot Machine Odds
Posted on November 25, 2007
Filed Under Slot Odds
Attempting to pinpoint the odds for slot machines is a daunting task. With such a variety of machines and games available, the odds can vary a great deal. Generally slots odds are expressed in the form of a payback percentage. The closer to 100%, the better. Some machines even pay back at percentages greater than 100%, giving the lucky players who find them a positive expectation for winning. These “loose slots” are frequently mixed into the sea of machines on a casino gaming floor. For a while, casino operators placed the highest paying machines in high traffic areas like entrances, bars, and near lines for buffets or shows - basically any place a crowd of people was likely to be. The strategy behind the prominent placement of higher paying machines was that since they produced winners more frequently, they would also generate more excitement from passers-by, making other players more likely to play at average or low-paying machines.
It didn’t take long for avid slots players to figure out this simple strategy, so managers shuffled things up a bit. Reverse strategies were employed, putting low-paying machines in high traffic areas, and vice versa. These days, there really is no standard procedure except that the machines, themselves, still offer a mix of payout percentages with some high and most being low to average. However, a few rules of thumb will hold true regardless of where you play.
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