If you’ve ever played a slot machine, you may have wondered about the precise payout on slots winnings (at the very least, this info could come in handy if you should ever find yourself on a quiz show, or need to settle a bet).
While the payout on slots winnings varies widely from one Las Vegas casino to another, and even from one machine to another within the same casino, it generally falls between 70 percent and 90 percent. Why so much for the house? They have extremely high overheads (huge buildings, hotels, convention centers, buffets, payrolls, utilities, taxes, etc.) that they have to cover, and slot games represent their largest, steadiest revenue stream.
Most online casinos, on the other hand, have extremely low overhead. So they can afford to be much more generous with their slots games payouts. The average slots game payout ratio is 95 percent to 98 percent. (Hey, they have to keep a little something for themselves!)
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This is clear reason to avoid the “real” brick-and-mortar casinos (except, perhaps, for the vacation aspects) in favor of the online casinos. With one emphatic caveat: play at only the best online casinos, such as the online slots casinos that we recommend:
We’ll start by letting you know that the vast majority of theories about how to win on slots that you’ve heard throughout the years (such as: only use warm coins on a machine that feels warm to the touch and cold coins on a cold machine, a machine that has just had a jackpot won’t pay out again for quite some time, etc.) have absolutely no basis in reality whatsoever. Especially in the modern era of electronically-controlled machines. Similarly, most books, e-books, and courses that try to teach/sell you a system for how to win on slots are rubbish. Pure, unadulterated rubbish. Save your money.
Today’s modern slot machines are controlled by an electronic random number generator (RNG). The RNG changes the outcome of the game several thousand times every second of every minute of every day. The chances of an individual player being able to game the outcome are virtually nil.
Second, compare payouts and choose the machine that gives you the best payout for your coins spent. If you need to play three quarters on Machine A to win a $2000 jackpot, while Machine B pays out $2000 on one coin, B is the better choice. And notice jackpot bonuses. If Machine A pays $1000 on one coin, $2000 on two, and $5000 on three, it’s worth your while to play three coins at a time. If there’s no jackpot bonus—if three coins pay out $3000— then play one coin at a time.
Third, remember that there’s no such thing as a “hot” machine anymore. The RNG assures that there is no way to predict whether the machine will pay again soon or not.