billyboy

Ahh, the luck of the Irish.
 
I don't know the stats but I figure there are a lot of slot players who really aren't looking for a life changing win at the slots. Myself, I play for entertainment and would rather have the occasional decent win than play for a 1 in a 5000,000,000 .... chance of a jackpot.
 
I would like to see the percent of payout for each slot and be able to play the ones with decent payback with more smaller wins.
 
When the casinos state their payout percent it is the overall percent. I figure my smaller bets and the rare wins on low jacpot payout slot games means low percent payback that is made up in the overllcasino payout when a highroller player hits a wooper of a life changer. 
 
Good publicity for the casino but small bets players soon get tired of losing and move on.
 
Like I said, it would be nice to know the payback percent of each game.

Many casinos state their slot game payouts. We know that payout percent can be higher than 90 percent but it can also be lower. For my demonstration here I'm going to simplify it and choose 90% as the payout percentage.

So a casino makes it's money as the 10 percent hold, it's take or, whatever you want to call it. That 90 percent payout figure is the average payout based on all the wagers, spins, bets over a long period, usually about a year.

The payout percent, payback percent, return to player,etc., they all mean the same thing. So what does it really mean? Lot's of the slot players I have met state they have never come close to getting even 50 percent payback.

Slots games can be programmed to pay frequent small wins called peanuts, or can be programmed to pay the occasional bigger wins I'll call potato's, or can be programmed to pay only the rare bigger wins.

Winning small amounts and betting it over, and over, and over again is called churn.

Instead of the payout figures, let's look at it conversely, that 10 percent casino take, or hold. What does it mean? Essentially it means that the casino takes on average, a 10 percent cut of every bet, spin or wager over that same long period of time.

We know that playing at card games, bingo, roulette etc. you can make a bet only every so often. But what about slots? They can be programmed to go fast or slower, It's not so difficult to be averaging 300 spins/bets per hour at slots play.

Let's say you deposit a 100 credits.

10% take of each 1 credit spin, x 1000 spins per hour, = 100% house take of your deposit. That's 100 percent of your deposit is gone in an hour that won't ever be coming back into play for someone to possibly win.

And as we can see, it's in the casino's best interest to keep paying peanuts (the churn) so that eventually all of your deposit is gone into those big bags of loot the casinos keep hauling out to the bank.

Also keep in mind it is the high rollers that make the casinos the most money. 10% of 100 credits per spin beats 10% of 10 credits per spin. So which player would the casino keep churning away?

So now my friends you know why the casinos take in so much money, and rarely do you have any money left at the end of your play, but you are a winner, over, and over, and over............

You folks out there, take mine and Jack's advice, if you're thinking of gambling, especially internet casino slots, take your money and run like the devil is behind you. You'll be much more happy and well off if you do.

Cheers, and a good day to all.

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

They're (RNG'S) supposedly control the Bread and Butter of Casinos and the rate they are set to payback/payout to customers can make or break a casino.

It's supposedly the gadget that decides if you win or lose at the slots. I've seen the old mantra that all spins have an equal chance of winning. It do not matter if you just won a jackpot on your last spin, you supposedly could hit another one on your next spin.

So I have a few questions as I'm sure multitudes of other slot players have.

1. Is there more than one random number generator (RNG) for each slot game (I have heard there can be up to three RNG per slot game, and the games switch on/off between the RNG's.

2. Is there one that's a take up mode RNG, another that is payback/payout and another with middle of the road wins, AND, can the switching be controlled/manipulated?

I have a another question too. Why is it that every casino I have joined at first I win a little, and then later on after a few deposits I cannot win diddly squat? RNG...???

More ???? to follow...

cheer,
b.b

Many casinos state their slot game payouts. We know that payout percent can be higher than 90 percent but it can also be lower. For my demonstration here I'm going to simplify it and choose 90% as the payout percentage.

So a casino makes it's money as the 10 percent hold, it's take or, whatever you want to call it. That 90 percent payout figure is the average payout based on all the wagers, spins, bets over a long period, usually about a year.

The payout percent, payback percent, return to player,etc., they all mean the same thing. So what does it really mean? Lot's of the slot players I have met state they have never come close to getting even 50 percent payback.

Slots games can be programmed to pay frequent small wins called peanuts, or can be programmed to pay the occasional bigger wins I'll call potato's, or can be programmed to pay only the rare bigger wins.

Winning small amounts and betting it over, and over, and over again is called churn.

Instead of the payout figures, let's look at it conversely, that 10 percent casino take, or hold. What does it mean? Essentially it means that the casino takes on average, a 10 percent cut of every bet, spin or wager over that same long period of time.

We know that playing at card games, bingo, roulette etc. you can make a bet only every so often. But what about slots? They can be programmed to go fast or slower, It's not so difficult to be averaging 300 spins/bets per hour at slots play.

Let's say you deposit a 100 credits.

10% take of each 1 credit spin, x 1000 spins per hour, = 100% house take of your deposit. That's 100 percent of your deposit is gone in an hour that won't ever be coming back into play for someone to possibly win.

And as we can see, it's in the casino's best interest to keep paying peanuts (the churn) so that eventually all of your deposit is gone into those big bags of loot the casinos keep hauling out to the bank.

Also keep in mind it is the high rollers that make the casinos the most money. 10% of 100 credits per spin beats 10% of 10 credits per spin. So which player would the casino keep churning away?

So now my friends you know why the casinos take in so much money, and rarely do you have any money left at the end of your play, but you are a winner, over, and over, and over............

You folks out there, take mine and Jack's advice, if you're thinking of gambling, especially internet casino slots, take your money and run like the devil is behind you. You'll be much more happy and well off if you do.

Cheers, and a good day to all.

Hi Valdes,
 
Now don't get me wrong, I don't feel cheated. And the top prize is pretty decent (2000 coins). And I don't have to play the tournaments.
 
What I'm saying is how many people would buy into a free tournament where they know they are going to have to buy 100's of continues to even come close to the lowest prize?
 
I did get fooled once. I and others bought into continues early on in the tournament. I was top place for a bit. Later on nearing the end a few players race up from behind and out bought us all with hundreds of continues and, then went onto the top spots.
 
That seems to be the routine, so just saying watch out for doing any early buys into the continues on the (free) tournaments, unless you're willing use hundreds (up to 999) of continues to chase the the prize.
 
Oh, yeah, check out JackpotCity, Freeroll - Loaded Game. Current top win box is nearing 6 million coins.

ValDes, it's true. At least the ones I've been playing.
 
Oh sure, thousands of players get their free spins and win a bit but it's nothing compared to the amount of coins in the win box of the players that buy into the continues. Some are doing 100's of continues.
 
And from what I see it's the same winners of the previous games that are the only ones that are willing to buy the continues with their previous winnings.
 
I wouldn't even bother buying a continue when you know another player is going to buy 998 more than I would.
 
Cheers,
b.b.