How to Determine the Payback Percentage of a Slot Machine
If you have ever played a slot machine, you know that the payout percentage is important. The payback percentage is the amount of money you put into the machine that is returned to you after the game. If the payback percentage were 100 percent, the casino would win and you would lose. However, if it is less than 100, the casino wins. So, what does this mean to you? Let’s look at some examples. You can use them to determine your expected payback percentage.
The earliest machines used one to five reels. Today’s slot machines usually have thirty to fifty reels. The increased number of stops makes it easier for slot machine manufacturers to offer large jackpots. However, the number of symbols that appear on each reel is often disproportionate to the number of possible combinations. So, a player’s odds of hitting a jackpot on a single spin are much higher when a game has more than a few symbols.
There are numerous myths surrounding slot machines. One of them is that a “wiggling” reel indicates that the machine needs repair. The reality is that the physical reels on a slot machine only work to communicate with the computer’s random number generator (RNG) results. This is simply nonsense. While a “wiggling” reel indicates a slot machine that needs repair, the physical mechanism is not the cause for concern.