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Online Casino Conditions >>> Gambling Tips >>>June 2006

Determine Casino Payout Percentage For Yourself

The most popular gambling game to be found in both brick'n mortar casinos and the online casino are slot machines.  Although slots do not offer the lowest House Edge of all the available gambling games, the payouts can be some of the largest, not to mention the payout percentages can be very fair in the overall scheme of things.

While there are many players who end up spending their entire bankrolls playing slots, there are many informed players who, in a word, have mastered playing slot machines, knowing how to get a relatively steady return of profit.  Not only do these players have more fun and more money to gamble with in the long run, they also increase their chances of being in the right place at the right time when that lucky big jackpot is hit.

A practice that many smart slot machine players take part in is calculating a machines payout percentage for themselves.  If you are not up to tracking down the slots floor manager to find out about the payouts, look onto the sides of many of the newer machines and look for a series of small windows that say "coins in" and "coins out".  These are for the machine technicians to reference, however, offer some valuable insight into the possibility of a slot machine being loose or tight.

By dividing the number of coins out by the number of the coins in, and then multiplying that figure by 100, you will have a close approximation of the machines payout percentage at that time. If the value is over 96%, the machine is likely to be a loose one, and is definitely worth a go.  If there is a window that says "bills in" be sure to convert this into coins and add to the "coins in" value.  The majority of bills that go into slot machines are $20, so use this as the bill value in your conversion to coins in.

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