When video slots started their rise to prominence in the late 1990s, the most popular games were in nickel denominations, there were relatively few paylines — five, nine, and eventually 15 — and you could choose the number of paylines and amount per line you wanted to play.
As long as I’ve been paying attention – and this goes back to the 1980s – slot players have been told that higher denomination slots pay back a higher percentage than lower denominations.
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.
For gamemakers, attracting slot players is all about offering different play experiences to different segments of players. There are big jackpot games, high volatility games, second-screen bonus games, free-spin bonus games and more.
Players usually don’t notice, or even have a chance to see, behind-the-scenes procedures that are important to the house.
Casinos everywhere put their highest payback percentages on their highest-denomination slot machines. The Mississippi Gaming Commission report for October—the most recent available as I write this—showed that in northern Mississippi on non-progressive machines, payback percentages included 91.1 percent on penny slots, 93.3 percent on nickels, 93.4 percent on quarters and 94.5 percent on dollars.
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