LIVE CASINO SLOTS (AFTER D/C) - Back in Sweden for a couple days (06/06/19) 😍
In this post, I want to address this specific question: Are slot machines honest?
How Do You Define Honest?
In this context, the answer is yes, slot machines are honest.
I think so, but they know in the long run, anyone who plays slots long enough will lose all their money.
Slot machines are closer to morally neutral than they are to sinful, but you might have a different belief system about such things.
If you win, then you got lucky—it has nothing to do with working hard or being smart.
The any slot after all the behind the games is easier to understand than most people probably think.
The probability of an event is always represented as a number between 0 and 1.
An event that will always occur no matter what has a probability of 1.
An event that will never occur has a probability of 0.
An event that will occur half the time has a probability of 0.
But probabilities are almost always expressed as percentages or fractions.
You have a 50% chance of it landing on heads.
You also have a 50% chance of it landing on tails.
If you add the probabilities of all possible events together, you always get a total of 1 or 100%.
Probability is the mathematical engine that makes gambling games possible.
You want to know the probability of getting a 6.
There are 6 possible outcomes.
Only one of them is a 6.
Another way to express that is using odds, which can be useful when calculating whether a bet is expected to be mathematically profitable or not.
In the six-sided die example, the odds of getting a 6 are 5 to 1.
You have 5 ways of NOT rolling a 1, and only 1 way of rolling a 1.
Example You want to know the probability of getting a 1 or a 2 on a roll of a six-sided die.
You want to know the probability of getting a 6 on both dice.
This super simple game has 3 symbols on each reel—an orange, a lemon, and a cherry.
But the game only pays off if you get 3 of the same symbol on each reel.
You win 4 coins once.
You win 3 coins once.
You win 1 coin once.
Where did the extra coin go?
They have more symbols on each reel, for one thing.
For another, the probability of getting a particular symbol might be different from the probability of getting another symbol.
But in the short run, a player might win a any slot after all the jackpot or lose several times in a row.
In the short run, anything can happen.
In the long run, the numbers get closer to the theoretical probability.
This is obvious when you look at it with an extreme example.
On one spin, you could literally win 100 coins, 1000 coins, or nothing.
On an infinite number of spins, your average loss per spin will mirror the mathematical expectation.
Do Slot Machines Cheat?
ALL slot machines are programmed to have a mathematical edge over the player.
In any slot after all the, in well-regulated jurisdictions like Nevadagames are thoroughly audited for just click for source />Does the game have jackpots any slot after all the are impossible to win?
But you have no way of knowing what the probability of winning that jackpot is.
Slot machine games have opaque odds and probabilities.
The results are generated by a computer program click here a random number generator RNG.
The only people who know the exact settings for that RNG are the designers and the casino managers.
In fact, you could be playing two identical slot any slot after all the located right next to each on the casino floor and have different odds of winning.
Does that sound like cheating?
Having two games next to each other offering different odds is intentionally misleading.
Online slot machines are no different, except that in some cases, these games HAVE been known to cheat.
But not reputable casinos and not reputable software providers.
How do they cheat?
They set up games which are impossible to win.
The reasons baffle me.
You stand to make far more money in the long run if you offer an honest game.
What about Video Poker Games?
You need to understand immediately that are NOT the same thing as slot machine games.
And the philosophy behind these games is different, too.
You know the probability of getting a specific symbol.
A card of a specific suit has a ¼ probability of appearing.
Payback Percentages and the House Edge Knowing this enables mathematicians and computer programs to calculate the actual payback percentage for these games.
But on a video poker game, you can calculate all the possibilities.
And since you know how much the game pays out for various combinations, you can add the expected value of each to get an overall payback percentage for the game.
The payback percentages for video poker games are significantly higher than the payback percentages on slot machines in almost every case.
Even the worst video poker game usually has a payback percentage of 95% or so.
But the better games offer payback percentages in the 98%+ range.
Some rare games have pay tables which offer a slightly positive game for the player, like 100.
But those numbers assume perfect strategy on your part.
But even the best slot machine games usually have a payback percentage in the 95% range.
The more common games slip down into the lower 92% or so range.
Expected Hourly Loss Rates in Slot Machine Games versus Video Poker Games What does this mean to all free slot games no bankroll?
You expect to win 94% of each bet back, which means you expect to lose 6% of each bet.
The payback percentage for this game is 99.
Most video poker players are as fast as slot machine players; they play 600 hands per hour.
But with a house edge of 0.
Playing slots costs you 10 times as much as playing video poker.
Video poker offers other advantages over slots, too.
One of these is the skill element.
In video poker, you get to do that.
The decisions you make playing each hand have a direct effect on your bottom line.
This is a legitimate question.
Should you play slot machines at all?
This suits some temperaments all free slot games novomatic fine.
Relaxing in front of the spinning reels seems like a good deal for a lot of people.
You can find a slot machine game with any theme you can imagine.
The themes and games are almost endless.
The house edge for slot machines vary any slot after all the />Some of them might offer good odds, but most of them have a house edge of between 5% and 10%.
After all, roulette has a house edge of 5.
The problem is that slots play so fast that you can easily put more money into an action than you thought you could.
I have a philosophical problem with slot machine games.
No other casino game is opaque about your odds.
You can calculate the house edge for any table game in the casino.
You can calculate it for video poker, too.
This is unacceptable to me.
No other casino game is as addictive as a slot machine.
Conclusion Yes, slot machines are honest—in a manner of speaking, anyway.
Is this disingenuous on the part of the casinos?
I think it is, at least to some extent.
Slots are no different in that respect.
The only way for you to get an edge against a slot machine game is to cheat.
In most jurisdictions, cheating is blatantly illegal.
Michael Stevens Michael Stevens has been researching and writing topics involving the gambling industry for well over a decade now and is considered an expert on all things casino and sports betting.
Michael has been writing for GamblingSites.
Thank you for this informative article.
As a computer programmer, and person with a gambling problem, I have been trying desperately to find some logic that would bolster my decision to stay out of the casinos.
I wish I had never started gambling.
It is indeed addictive, and the constant losses is depressing, not to mention a huge waste of money.
I just encourage you to be more emphatic about the negative aspect.
When I see they payout 94%, that sounds like I woud have a good chance of at least breaking even.
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Casino Slot Machine Manipulation Is Totally Possible
Reprinted from the American Casino Guide – 1999 edition By Steve Bourie. Today, the average U.S. casino makes about 65% of its profits off its slot machines.Actually, that number represents all different kinds of a casino’s machines including video poker, video keno, video blackjack and all other varieties of electronic games.
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