2006-11-28 08:47:23 · 4 answers · asked by Pretty me 1 in Games & Recreation ➔ Gambling
There is no time factor. When you press that start button a random number is generated. This random number corresponds to a specific payout sequence which can range from nothing to the jackpot. The payout table is balanced such that it is statistically likely to return an overall loss. This house edge can vary from 1% upwards depending on the machine and how it is set up.
A Vegas slot could pay out the jackpot within the first hour of being installed in the casino, or it may not pay the jackpot for five years. It's pure random chance, stacked slightly in favor of you losing and the casino winning.
Just remember to play quarter slots or better, and always play maximum coins. Penny slots are not usually a bargain. Look for casinos that actually advertise a 98% or 99% payout. This ensures a better than usual return in the long term. But remember these figures are all long term. You can easily lose a grand in an hour if you are not careful.
2006-11-28 09:16:26 · answer #1 · answered by ZCT 7 · 0⤊ 0⤋
Each state will have their own governing laws, but, in general, the machines are not programed to pay out according to time schedules. They ARE, however programed to pay out based on percentages, based on THOUSANDS of plays.
A casino patron may HEAR more payouts in the evening prime times, but that is because there are more players, making more plays in those particular hours.
Casinos do not need to balance out the player's business. They don't care what time the gambler loses his money. They generally are open 24 hours a day, so that no opportunity is lost to collect the house's percentage. They "balance out" their business by having less staff on hand during slow hours.
2006-11-28 08:56:59 · answer #2 · answered by Vince M 7 · 0⤊ 0⤋
Not sure if they are programmed to pay out at certain times of the day... however I do know that they are programmed to give out a certain percentile of what is put in.. for example 97.5%.
Casinos usually advertise if their slots pay out more.. some times even with the percentile.
2006-11-28 08:50:34 · answer #3 · answered by Mike 3 · 0⤊ 0⤋
my mom says they are programmed to be "looser" at less popular times to bring more people in then and balance out their business. makes sense. go when it is empty. should be best then.
2006-11-28 08:55:18 · answer #4 · answered by Sufi 7 · 0⤊ 1⤋