The casino will make between 5 and 15 cents of every dollar spent…..No matter what.
Understand now that a slot needs to be programmed to pay out at least 85% of what is put into it. I recommend the latter. In other words both types of machines still have equal payout rules. Remember that they have to pay a certain percentage. Usually at least 85%. The modern mechanical slot reels are still governed by a computer. Although this is true for both mechanical slots as well as video slots, we need to take a serious look at how “random” they really are.
A slot machine in a casino under state law, (all legal gambling states have laws), are required to pay out a certain percentage. So is it really totally random? I think not.
Mechanical Verses Video Slots
“Mechanical slots” are being outnumbered these days by video slots. But people still like the mechanical slots so the casinos still have many mechanical slot machines. The casino will not pay you if a machine malfunctions.. First things first here. These aren’t “old” machines. Mechanical slots are not any “less smart” than the video slots. More line options, different ways of betting and they are much more entertaining. I like both, but I have been leaning more toward the video slots over last few years.
The Myth about “loose” machines
People often hear about “loose” slot machines. It’s a term often misinterpreted as a broken machine. There is not really any way to tell if a machine is on a higher payout cycle unless you watch people play and see what the machine is doing (that may creep out some people though, so be polite) Or by playing a machine and betting a few small amounts and determining the reaction of the pattern. Most people know that a slot machine works on randomly generated patterns. Think about this for a minute. Do they exist? Not really. There is a reason that “The House Always Wins”…..State Laws.
A “loose” machine in reality applies to a slot machine that is on a higher pay cycle. If the RNG (random number generator) has lacked the percentage payout over a period of time, it may start paying higher win amounts in order to reach a percentage threshold. Some casinos in Vegas I have seen advertise a 95% payout to draw people in.
The mechanics of a slot machine
Winning on a slot machine first requires knowledge of how they work. Most video slots give you a broader choice as far as betting. If slot machines were truly 100% random, the casino itself would be gambling themselves wondering if their business is going to make money or have to pay out everything and shut down
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