Quote:
Originally Posted by DynamiteRave
Wow, I'm glad I'm not a betting woman... All this gambling talk has got my head going in circles. I might start spitting pea soup.
I'll just stick to slots. Anyone have any probability stats on those?  |
Yes, Somewhat...
Slot machines are not based on probability of winning, they are based on return percentages.
The return percentage is how much of your money the machine return on average. The state of Nevada has a mandated payout minimum of 75%. Most casinos in Las Vegas have a return of 92%. Some casinos will even advertise the payouts!
The return percentage can differ from machine to machine and is based over the life of the machine.