Posts Tagged ‘percentage’

Question by Mrs. BonBon: Gambling Problems – What percentage of the public is afflicted to one game over another?
Are more people likely to be addicted to slots or table games or poker or sports?

Just wondering:)

Best answer:

Answer by Scout
I can only speak for myself.
I tend to go back and forth between games. I like most table games. I started with blackjack, then to craps, then to sportsbetting and then poker, and now that I have learned to count cards, back to blackjack. I am going to vegas in Aug, and I expect to play mostly craps and blackjack there, with a little poker and sports betting. Not too many good games to pick for sports betting while I am there.

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Question by Larry Walker: What is slot machine payout percentage for progressive jackpot machines?
Now for most part I know payouts are random. What I am asking is the payout ratio different for bigger jackpot machines?

Example lets say standard machine with 5000 coin jackpot pays .50 cents on each dollar played approx.
Will a progessive jackpot machine with a “large jackpot (Several thousand dollars for example) have same payout ratio of .50 cents for each dollar approx (remember just example)? Site any sources with links if possible

Best answer:

Answer by Harmon Cooper
The payout percentages on progressive slot machines is often lower for most players. That’s because a certain amount of that payoff percentage is going toward the progressive jackpot and the odds of actually ever hitting progressive jackpot are minimal. It’s similar to trying to win the lotto. Slot machines with a posted 95% payback could be called machines with a 5% house edge. A 90% slot machine has a 10% house edge. To get more information you may get reference from here http://www.jokeronlinecasino.com/slots.html

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Question by Billie H: Can and do casinos change the percentage of payout on slot machines?
Sometimes at a casino the slot machines seem to be loose and paying off while most of the time they seem to be tight and not letting but a few winners, Can the casino change the payout percentage on the slot machines electronically?

Best answer:

Answer by Anita Johnson
No, they can’t just change them on a whim. It requires opening up the machine and replacing a chip. Slot machines have different chips in them, depending on the payout percentage.

If you were wondering about online slot payout percentage, this site may be of use:

http://www.ranked-online-casinos.com/payout-percentages.html

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