06.06
Casino One Armed Bandits
Modern casino slot games are controlled by a computer, and the win %s are preprogrammed into the game software.
Casino slot machines have RNGs that are eternally generating combinations, even when the machine is not being played.
Running simultaneously with the Random Number Generator of the casino slot machine game is the payout percentage.
The pay out % controls how much the slot machine will pay out, for eg the pay out per cent could be ninety per cent, meaning the one arm bandit will pay 90% of all the wagers played, and the casino will then get to keep ten per cent.
This is not to say that each time you bet ten credits you will receive 9 in return – where is the fun … excitement in that? Instead, the casino slot just will not payout for a little while, and then suddenly hit a hot streak and you might draw the big top prize.
The profit percentages shall vary between the different games and a few of the very established casinos, e.g. Golden Online Casino, which tenders a payout rate of up to ninety-five %!
This means that, in essence, the slot machine takes all the $$$$$ played into it and pays it out to some privileged winners. The casino only gets to keep a basically tiny percentage of all the gambles allotted.
The casino slot software controls each and every part of the machine, from the flickering lights to the revolving of the reels.
When you hit spin on the slot machine, a combination is formed by the RNG which associates with the pictures on the reel.