How To Calculate The Odds Of Slot Machine

How To Calculate The Odds Of Slot Machines
How To Calculate Slot Machine Odds
Slot Machines Odds Of Winning

Just as in many other forms of gambling, the odds that are available when playing a slot machine are of great importance. The size of the odds of a symbol appearing will indicate just how much a winning combination will be worth. Obviously the higher the odds of a symbol appearing, then the higher the amount paid for that winning combination.

Originally the odds were very easy to calculate as the only thing the players had to consider were the number of reels and the symbols used on each of the reels. As a result, the 3-reel slot machines are traditionally believed to be better for player's winning chances, and thus the more reels and symbols on them, the lower a player's advantage. The odds are basically the chances of hitting the jackpot in a slot machine or the chances of hitting any winning combination. How are the Odds Calculated? In all the modern slot machines the player's odds of hitting the winning combination of numbers and symbols would depend on how the reels are set up.

How To Calculate The Odds Of Slot Machines

Slot machines in Las Vegas cannot go below a 75% RTP, but most online slots will have considerably better odds than that. Better than Average. The average online slot game will have a return to player of somewhere around 96%. Not as good as roulette or blackjack, but considerably better than a game like Keno or Bingo. As we mentioned previously.

The odds of hitting a particular symbol or combination of symbols is determined by just how the virtual reel is set up. It’s a complicated business but let’s try to explain the dynamics involved here.

As explained in our How Slots Work article, the odds of getting a particular symbol on the actual reel goes down to how many virtual stops that correspond to the actual stop.

In a weighted slot machine, the odds of achieving the highest paying winning combination (Jackpot) depends on just how many reels there are. For a long time most games had just three reels and one payline, now games have five or seven reels, sometimes more and there are lots more paylines.

Have you ever played bingo and moaned all night because you were only one number off the jackpot? It’s a common occurrence but at the back of your mind it makes you think that perhaps the next time you’ll win, so ahead you go and pay for another game dreaming of a big win.

Well it’s the same in slot machines really. The stops above and below the jackpot symbol may correspond to more virtual stops than other symbols in the game.

This means you’re more likely to see the reels spin and end up hitting the blank stops that are right next to the winning stop.

You sigh as you realize just how close you were to getting a big win and that’ll make you want to dip into your account balance and pay for another game.

When you play a slot machine that has several paylines, for example, the WMS game ‘Black Knight II’ which has 40 paylines you can try to win on, the more lines you activate the better your chance of getting a win. It’s the ultimate example of ‘you’ve got to be in it to win it’. There’s also the fact that some games only allow you to win a progressive jackpot if playing at a maximum bet.

The progressive jackpot is of course different from the common garden jackpot seen in what is often called a ‘straight slot machine’. Their jackpot is a set one and it won’t change. With a progressive jackpot such as in ‘Major Moolah’, the amount to be won changes on each spin of the reels as more and more players play the game. Once won it’s then reset to a minimum figure and starts to climb again.

The casino will have an edge over the player. That’s because they work out the odds on each winning combination and then offer a payout that is lower than those actual odds. That way a profit is guaranteed but of course it’s in their best interest to still be offering prizes that will tempt players to keep on playing their game.

Each slot machine will have been designed and tested to ensure it achieves a payback percentage. This is the percentage of the money put in that gets paid out to the player. If the figure is 90 percent, then this means the casino takes about 10 percent of all stakes with the other 90 percent paid out as winnings. This means of course that even if the player is getting some wins, the casino still makes a profit. It’s important for games to have a high payback percentage. After all it’s a competitive business out there and the whole aim is to get people playing your machines.

The odds of a slot machine are built in to its program. How many times have you seen people play a slot machine such as saying that it’s bound to pay out a big prize soon? It doesn’t work that way because the random numbers that decide where the symbols land means you have exactly the same chance of hitting each win combination with each spin of the reels, regardless of whether it’s your first spin of the night or your 100^th

How To Calculate Slot Machine Odds

Slot Machines Odds Of Winning

As you can see it’s a really complex world when setting odds for a slot machine. As long as the odds remain attractive though that’ll keep us all spinning those reels.