Slots and Payback Percentage
Every month, the Mississippi Gaming Commission publishes statistical reports that tell us, among other things, how much slot machines are paying back to players.
Every month, the Mississippi Gaming Commission publishes statistical reports that tell us, among other things, how much slot machines are paying back to players.
Payoffs by bar-coded tickets have been with us for the better part of two decades now, but I still hear from longtime slot machine players who miss having coins pour into a tray after a big win.
One reader wrote to me recently with a question that could only come from a three-reel player. “I’ve noticed that the big-paying symbols are off the line a lot more than they’re on the line,” he wrote. “Is that intentional? Are the games programmed to tease players to thinking they’re close to a jackpot?
Do Three-Reel Slot Machines Tease Jackpots More Often? Read More »
It’s not difficult to see patterns in wins and losses, and it’s all too easy to jump to conclusions based on small samples. Over the years I’ve fielded questions from readers who wondered if they should skip drawing to four-card straights because they missed several times in a row and from others who were convinced 20 was a losing hand in blackjack because they dealer drew a few 21s to beat them one night.
At any game, players come in all levels of experience and knowledge. Some are more familiar than others with game rules, strategies or even the mechanics of how to make a bet.
It’s sometimes said that casinos make their money from winners. Of course, every time it’s said, there’s somebody who responds, “Then they should let everybody win and make even more money.”
Is It True Casinos Make Their Money From Winners? Read More »