Slots Payments
By: ELIZABETH TUDOR

There is a clear difference between land casinos and online rooms. The payout is the main difference, and the slots online can be as much as 20% greater than that of land based casinos.

The payout percentage is important for a machine, as it explains how much money of each turn is played back. For example, a player may wish to play some money. Keeping his winnings separately, he then takes the turns until his original pot is spent. He then looks at how much he has left, and calculates the percentage based on how many spins he has made. Quite often, the average payout of a machine is between 52% and 90% of each spin, and this is usually based on many spins. It is impossible to calculate the payout percentage of a machine after one or two turns, and it is therefore wise to continue playing over 100 turns before calculating.

Another factor in the payout is the hit frequency. This estimates how many times it is possible to win even the smallest of amounts. Typically, these run from 5% to 90%, and while there is no direct relationship between the two factors, it would be beneficial to find the machines that offer a greater average of both. This is because it is possible to have the hit frequency of one machine set to  90%, but the pay out is set to 30%, mening that your winnings will be a low amount, and in the long run, you will lose money.  However, for short term play, the consistency of the payments is more important than waiting for a large payout.

Payout percentages can vary from machine to machine, but it can also change during each play, as there are no set guidelines, and the spins are purely random. A person's luck plays the biggest part in how much you can win, as the popularity of the machines is down to the volatile nature of the payouts. One machine that has a consistently high payout rate for one player will not necessarily have high payouts for the next player. Trial and error is important when playing slots.

It is also important to consider the profits that are made from each type of slot machine. Those in a land based casino have lower payout percentages, and so the casino makes more profit from your spins. For example, you need to play the slots machines for a certain amount of spins before you achieve the full effect of the percentage. For each spin, the casino will win part of this money that is not paid out. Typical games can make the casino 25% profits on your turn. An online casino offers higher payout percentages, and will therefore only make an average of 5% on your turns.  However, you cannot make these estimates on lower than 100 spins, so knowing your spending limits and sticking to them is advisable when you’re finding a machine that offers the payouts to suit you.

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