Payback Percentages for Online Slot Games
Payback frequency refers to the percentage of spins which yield winnings. This depends on the amount of times a symbol appears on the wheel, and how often there will be a winning combination.
A machine with low hit frequency (known as a “tight” machine) will only yield winnings once in every ten spins, for example, but their payouts will be higher.
On the other hand, machines with a higher hit frequency (known as “loose” machines) may pay out every three to four spins, but the payouts will be relatively low. The total amount of money that a slot machine will give back to a player over a particular period of time is called the slots payback.
This is determined by the manufacturer according to the specifications of the casino, and the rate is usually between seventy-five and ninety-nine percent. For example, they may set it to 96%. That means for every 100 dollars bet, the machine will, on average, pay out 96 dollars. The other four dollars goes towards the casino’s profits.
A slot machine's payback rate is programmed in at the factory, but these rates are generally not advertised, and two machines may have the same game with a different rate.
As a result, it's hard to know which machine will give you the best payback. You can, however, get a good idea of whether a slot is higher or lower frequency by looking at the pay table. When there are a number of combinations which provide smaller wins, the machine tends to have a higher hit frequency than one with fewer winning combinations.
Money Management
Here are a couple of tips to ensure that you still have some money in your bank account after a long night of casino gambling.
Tip #1: If you win, don’t put all the winnings back into the slots again. Try putting a percentage of your winnings aside. This way, you’ll always have a little bit left over. For example, if you won $1000, then you could play with 10% of that ($100). If you don’t win again, you’ll still have $900 left for a later time.
Tip #2: Decide how much money you want to play with and play it all through the slot machine only once. You can figure this up by calculating your total amount divided by your bet size. For example, $50 total divided by $0.50 would give you 100 spins. At the end of the 100 spins, you take out whatever is left and move on. You might still end up with a loss, but this method will almost always leave you with a little spare cash.
Page Eight - Dealing with Potential Problems
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Player's Guide to Online Slots
4- Privacy Issues and Online Casinos
7- Online Slots Paybacks and Payout Percentages
8- Dealing with Potential Problems
