1. Typical Slot Machine Odds Genesis Open
2. Typical Slot Machine Odds At Casinos
3. Typical Slot Machine Odds
4. Slot Machine Odds Percentage
5. Slot Machine Odds Settings
6. Typical Slot Machine Odds Of Winning
7. Odds At Slot Machines

Your odds of winning are better than this, as you can hit five bells, five whistles or five of any other set of symbols, so on this machine your odds of any set of five are actually 5 x 0.032%, or 0.16%. So once in every 625 spins of this hypothetical machine, you’ll hit your set of five identical symbols for the jackpot. Aug 24, 2016 As a result, the house edge for slot machines is often higher than the house edge for other games. Blackjack has a low house edge of between 0.5% and 1% (assuming you play well). Even if you play badly, the house edge at blackjack probably maxes out at 4% or so. But the house edge for most slot machines is 5% or more. Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. Your odds of winning are better than this, as you can hit five bells, five whistles or five of any other set of symbols, so on this machine your odds of any set of five are actually 5 x 0.032%, or 0.16%. So once in every 625 spins of this hypothetical machine, you’ll hit your set of five identical symbols for the jackpot. Gamblers - whether you are a 1st timer or seasoned gambling veteran, knowing what your odds of winning per each game in a casino is vitally important. Please enjoy the information below and best of Luck in the casino. Based on typical Las Vegas Casino rules, please note variations will occur.

Slots has been a thing for eons. Over the decades, it has simply evolved and changed in form. But at its core, the gambling basics have remained unchanged. In the past decade or two, the industry has experienced many ‘tech upgrades’ that have increased the number of punters in the world. Today, you don’t have to take a trip down to Las Vegas. All you need is a steady internet connection an online casino you trust and you are set.

Speaking of casinos, (land-based or online), there are two types of slot machines they feature; Class III and Class II. The two slots machines operate differently. The Class II slot machines are common in slots parlors. They are attached to Native American Casinos or horse racing tracks. Owing to improved tech tools, Class II slot machines have become more sophisticated. So much so that casual punters have a hard time telling them apart from Class III slot machines.

But you are in luck. In this piece, we shall scrape off the confusion by explaining the basics and answering some common questions related to Class II slot machines.

So, let’s get to it.

What Exactly Are Class II Slot Machines?

It’s simple. The Class II slot machines are designed to replicate Class III slot machines while remaining within the confines of the regulatory guidelines. The Class system is clearly stated and defined in the Indian Gaming Regulatory Act by the Federal Government. The Act defines all Class II games as bingo regardless of whether computer, electronic or any other tech gadgets are used with it and if it is played in the same room with bingo or any games similar to bingo.

The immediate consequence of this regulatory Act was that the high stake bingo games were legalized. Yes, the bingo games held in halls were super popular at some point. But with time, as developers sought to upgrade their gaming experience, they leaned towards a casino-like environment and experience. Though they managed to incorporate Class III casinos in some of their gaming options, they were met with a lot of resistance and legal issues.

It was during this time that Class II slot machines were designed. Since their inception, key players in the industry have been working around the clock to replicate Class III machine experience in Class II jurisdictions. Engineers have been contracted to build in-house systems while slot manufacturers were brought on board to create games that would run on the designed systems

How do they Work?

It’s true, aside from the LED bingo card which displays your card patterns for every spin; it’s really hard to differentiate the Class II from the Class III. The big part of the difference lies in how the game operates. So let’s peep under the hood and see how Class II slots machines are designed to meet legal requirements of being a bingo game.

First, there is usually a 20-millisecond window. Any person that presses the ‘Play’ button during this window enters into a common draw. For this draw to run there needs to be a minimum of two players (there is no maximum number). If there are only two players, one of them will get the winning pattern.

So here’s what happens when a video or slot poker is brought into the picture. Designers extrapolate odds of specific bingo games to video or slot games’ results that have similar odds. Usually, there are extra algorithmic processes that are in play which help to determine the outcomes but usually, the end results are similar – you pull the machine handle and the reels spin.

From the moment you pull the handle to the millisecond before they stop, you become one of the participants in a multiplayer bingo game. The results of the bingo game are ‘reported’ by the reels when they halt. If you are lucky, you’ll win some cash. So now if you think about it, you’ll have had a Las Vegas slot machine experience while in the background, the machine meets all the requirements which make it legal in Class II slot machine jurisdictions – areas where bingo is legal but RNG machines are not.

Now, most casinos that run the Class II slot machines claim that their odds are similar to those of Class III machines. This is how they explain it – it’s more like a scratch-off lottery card. But instead of scratching you’ll be pulling a handle.

And though this analogy is close to the real thing, it’s not quite accurate.

What do Class II Slots Look Like?

While they look extremely similar to Class III machines, the main way in determining if it is a Class II machine is to look on the display for a bingo table. It will look quite obvious and will indicate that the machine is using bingo logic rather than the typical RNG of a Class III machine.

Here’s an example below – notice that there is a bingo table located at the bottom right of the display.

Should You Play Class II Slot Games?

This is a really good question. And believe it or not, it’s pretty common. But despite this, its answer is not straight forward. But here’s something that will help you make that decision.

Gambling experts insist that Class II games are similar to lottery scratch tickets than Class II machines. You see, with lottery scratch tickets, the prize is determined before the printing of the tickets. Class II games may have shorter realization times but unfortunately, they aren’t random. The moment you pull the slot handle, the outcome of whether you have won or not and what prize you have won has already been made. The reels are only there to deliver the news.

Why do Casinos Prefer Class II Slot Machines?

Typical Slot Machine Odds Genesis Open

Why is it that modern casinos seem to have a mix of Class II and Class III slot machines and games? And why is it that even with the mix, they are skewed towards class II games?

Well, first, the IGRA granted casinos self-regulating powers when it came to Class II games. However, with Class III games, they must be officially undergo rigorous testing through third parties and approved goverment organizations. This is to ensure that the randomness and reliability of the machine is deemed fair.

Second, casinos don’t have to pay taxes on the revenues generated from the Class II games. But on the Class III games, they are obligated to pay taxes.

Thirdly, the odds on winning in a Class II game are worse because you are put against a large pool of players to win instead of relying on RNG.

There you have it. Everything you need to make an informed decision. Hopefully, after reading this Class II and Class III slot machines don’t confuse you anymore. So with that go have a ‘happily ever after’ gambling experience.

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Slots machines, as games of chance (rather than skill), are generally more about having fun than they are about making money.

However, there are things you can do to maximize your wins and minimize your losses. For example, by calculating a slot machine’s payout percentage, you can obtain a larger picture idea of how much money you stand to win back. Other tactics include using effective bankroll management techniques, joining a slots club to benefit from its rewards programs, and more.

What Are the Odds of Winning on a Slot Machine?

Slot machine odds used to be easy to calculate. When you’re dealing with three reels, ten symbols on each reel, and a limited pay table, then it’s just a simple math problem. But the rise of electromechanical slot machines and (later) video slots added some complexity to the situation.

How Probability Works

Probability has two meanings. One is the likelihood of whether or not something will happen. The other is the branch of mathematics that calculates that likelihood. To understand the odds as they relate to slot machines (or any other gambling game), you have to understand the basic math behind probability.

Don’t worry though. The math isn’t hard. Probability involves addition, subtraction, multiplication, and division, all of which you learned in middle school.

The first principle of probability is that every event has a probability of between 0 and 1. If something has no chance of ever happening, then its probability is 0. If something will always happen, no matter what, then its probability is 1.

Probability is, therefore, always a fraction. It can be expressed in multiple ways, as a decimal, as a fraction, as a percentage, and as odds.

A simple example is a coin flip. The probability of getting heads when you flip a coin is 50%. That’s common sense, but how is it determined mathematically?

You simply take the total number of possible outcomes, and divide the outcome you’re trying to determine the probability of it by that number. There are two possibilities when flipping a coin, heads or tails, but only one of them is heads. That’s 1 divided by 2, which can be expressed as ½, 50%, 0.5, or 1 to 1 odds.

Odds are expressed as the number of ways something won’t happen versus the number of ways that something will happen. For example, if you’re rolling a single six-sided die, and you want to know the odds of rolling a six, you’re looking at 5 to 1 odds. There are five ways to roll something other than a six, and only one way of rolling a six.

When you want to determine the probability of multiple things happening, you use addition or multiplication, depending on whether you want to determine whether one OR the other event will occur, or whether you want to determine whether one event AND the other event will occur.

If you’re looking at an “OR” question, you add the probabilities together. If you’re looking at an “AND” question, you multiply the probabilities by each other.

So if you want to know what the probability of rolling two dice and having one or the other come up with a six, you add the probabilities together. 1/6 + 1/6 = 2/6, which is rounded down to 1/3.

If you want to know the probability of rolling two dice and having BOTH of them come up six, you multiply the probabilities. 1/6 X 1/6 = 1/36.

How Slot Machine Odds USED to Work

Early slot machines were mechanical devices. They had three metal reels that had ten possible stops each.

To calculate the odds of a single symbol appearing on a reel, you just divide the one symbol by the total number of potential outcomes. So if you had one cherry on a reel, your odds of hitting that cherry were 1/10, or 10%.

To calculate the odds of getting three cherries, you multiple 1/10 X 1/10 X 1/10 and get 1/1000, or 0.1%.

If the odds of hitting that symbol are the same as all the others, then you have 10 possible jackpots you can win, which means that your chances of winning SOMETHING are 10/1000, which is 1%.

Most people wouldn’t play a slot machine that lost 99 times out of 100, though, so slot machine designers added additional, smaller prizes for getting two symbols out of three for certain symbols. And as long as they paid out less in prizes than the odds of hitting those jackpots, then those slots are guaranteed to make a profit in the long run.

For example, if a prize for hitting three cherries was $1000, you’d be playing a break-even game, but if the prize were $750, it’s easy to see how the casino would be guaranteed a profit. The difference between the odds of winning and the payout odds is where the casino makes its money.

How Slot Machines Work Now

Modern slot machines use a computer program called a random number generator to determine the outcomes of the various spins of the reels. This creates an imaginary reel with a number of symbols limited only by the program in question.

A mechanical slot machine with 256 symbols per reel would be huge, too large to play, much less to build. But a computer can create an imaginary reel with 256 symbols per reel and take up no more space than an iPod Shuffle.

To make things even more interesting and entertaining, slot machine designers can program different probabilities for each symbol to come up. Most symbols might come up once every 256 spins, but others might come up twice as often, while still others might only come up half as often.

Typical Slot Machine Odds At Casinos

This enables slot machine designers and casinos to offer slot machine games with far larger jackpots than they were able to when they were limited by mechanical reels. And they’re able to offer these large jackpots and still generate a healthy profit.

Typical Slot Machine Odds

How Does This Relate to Payback Percentages?

The payback percentage is the amount of money that the slot machine is designed to pay out over an enormous number of spins. This number is almost always less than 100%. The difference between 100% and the payback percentage is the house edge, and that’s where the casino makes its profits.

A simple example can help illustrate how this works. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000.

Slot Machine Odds Percentage

If we set the jackpot as $900, and charge $1 per bet, the payout percentage for that game will be 90%, or $900/$1000. Of course, no one would play a slots game which only paid out once in every 1000 spins, which is why there are various smaller payouts programmed in.

There’s no way to tell what the payback percentage on a particular game is unless you have access to the par sheet for that machine. Casino management has that information, but players never have access to that info.

The best slot machine odds are almost always found in real casinos. If you see slot machines in an airport or a bar, be aware that the payback percentages on those games is much lower than you’ll see in a real casino.

How to Win at Slot Machines

Slot Machine Odds Settings

Everyone would like to know how to win at slots, but the truth is that winning at slot machines isn’t any harder than losing at slot machines. You put your money in the machine, spin the reels, and hope for the best. Slot machines are meant to be fun; they’re not intended to provide the player with an income.

In fact, the reality is just the opposite. Slots are there to provide the casino owners with an income. How that works is one of the subjects of this page.

On the other hand, you can minimize your losses and increase your enjoyment of slots games by understanding how they work. You can also learn which slots pay back the most money. In the long run, the house will still have an edge over you, but understanding how much you can expect to lose in a given venue can help you make better bankroll management decisions.

In fact, it might be a good idea to modify you definition of “winning at slots”. Instead of considering yourself a winner if you bring home a big profit, consider yourself a winner any time you played and had a lot of fun.

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How Slots Work

All slot machines in modern casinos use a random number generator (an “RNG) to determine the results of each spin. An RNG is a tiny computer that does nothing but constantly generate numbers. When you push the spin button, that microcomputer selects a number which determines the outcome. In fact, this happens before the reels have even stopped spinning.

On modern slot machines, the reels are just there for show. From a practical standpoint, you could put a quarter in a machine, push a button, and have the screen flash: “You lose!” or “You win $10”. The mechanism that determined the outcome would be the same, but who would want to play a game like that, especially if you know that the house has a mathematical edge over the player.

The spinning reels, the sound effects, and the bonus games are all there to make the game more interesting to play. If you don’t like the artwork, the music, or any other aspect of a slots game, don’t bother playing it, because those are the real rewards of playing. The chance of getting lucky and winning a jackpot is a real reward, too, but don’t ignore the other aspects of the game.

The random number generator is programmed to pay back a certain percentage of the money paid into it over a period of time. This period of time is known in gambling math as “the long run”, and it’s a lot longer than most people think. We’re talking about tens of thousands of spins, not dozens or hundreds.

This percentage that’s programmed into these machines is always less than 100%. If a slots game were programmed to pay back more than 100% of the money put into it, it would lose money for the casino.

Casinos aren’t in business to lose money.

The trick is to find slot machines that have the highest payout percentages.

Typical Slot Machine Odds Of Winning

Which Slots Pay Back the Most Money

If every slot machine game in the world had a payback percentage posted on the machine somewhere, it would be easy to determine which slots pay back the most money. You could limit your play to machines with a payback percentage of over 95% for example.

It’s too bad casinos don’t provide that information on specific games, though.

You can find information about specific locations and their payback percentages, though. Some gambling guides and magazines publish this information. For example, The American Casino Guide provides certified information about the payout percentages in various states. Not all states reveal this information, but it’s not a huge leap of logic to expect better payback percentages in states that do reveal this information.

For example, the overall payback percentage for slots in Black Hawk, Colorado is 92.8%. In Central City, Colorado, it’s 92.93%, and in Cripple Creek, it’s 93.66%. Alabama doesn’t release the numbers on their payback percentages.

Which casinos do you think offer the better game?

A couple of guidelines hold true no matter where you play, though. One of those is that payouts are better in large cities with lots of gambling. For example, the payouts in Vegas are higher overall than the payouts in Colorado. And the payouts improve when you play for higher stakes. For example, penny slots in Vegas average around 88% to 91%, but dollars slots average between 93% and 96%. Finally, slot machines at airports usually offer the lowest payouts.

Odds At Slot Machines

What does that mean for the player? It means that over the long run, if you wager $x on a particular game, you’ll win back $x times the payback percentage for that machine. If you’re playing a dollar slot machine on the Strip in Las Vegas, for example, and the payout percentage is around 93%, then if you place $10,000 in wagers, you’ll win back $9300. You lost $700.

That’s only a long term mathematical expectation, though. In the short run, anything can happen, and that’s what keeps people playing.

How to Maximize Your Winnings and Minimize Your Losses

There are three ways to maximize your winnings and minimize your losses. The first is to always join the slots club, and always use your member card while you play. Slots club members get a percentage of their play returned to them in the form of casino rewards and cash back. This is normally a tiny percentage (think 0.1% or 0.2%), but it adds up, especially if you play a lot.

Don’t buy into the myth that playing with your slots club card lowers your expected return on the game, either. That’s not true. The random number generator in these games has no way of knowing whether or not you’re using your slots club card or not.

The second way to increase your winnings and minimize your losses is to use effective bankroll management techniques. This means limiting the amount of time that you play, limiting the amount of money that you’re willing to lose in any session and in any given gambling trip, and finding other fun things to do with your time besides just playing the slots.

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Finally, try to play the machines with the highest payout percentage. Over the long run, if you keep playing, you’ll probably eventually wind up a loser at the slots (unless you hit a huge progressive jackpot), but you’ll lose your money more slowly and get more entertainment value for the money you gambled.