12.16
Casino One Armed Bandits
Modern casino Slots are controlled by a computer, and the win percentages are preprogrammed into the software.
Casino slot machines have Random Number Generators which are constantly generating combinations, even when the slot machine game is not currently being played.
Running in unison with the RNG of the casino one-armed bandit is the payout per cent.
The pay out % controls just how much the one-armed bandit will payout, for example the pay percentage might be 90%, meaning the slot game will payout ninety per cent of all the bets played, and the casino only gets to keep 10%.
This doesn’t mean that every time you bet 10 credits you will receive nine in return – where is the fun … excitement in that? Instead, the casino slot machine game just will not pay out for a bit, and then suddenly jump on a hot streak and you might draw the big pot prize.
The profit percentages usually will vary between the different games and several of the very popular casinos, for instance Golden Online Casino, which puts forth a payment of up to ninety five per cent!
Thus, in essence, the one-armed bandit takes all the funds played into it and pays it out to several fortunate winners. The casino only gets to keep a generally small per cent of all the stakes made.
The casino slot software controls any part of the machine, from the flickering lights to the rolling of the reels.
When you hit spin on the one-armed bandit, a combination is generated by the RNG which corresponds to the pictures on the reel.