12.23
Casino One Armed Bandits
Modern casino slot machines are controlled by computer chips and software, and the win %s are pre-programmed into the software.
Casino slot games have Random Number Generators which are continually generating combos, even when the machine is not being played.
Running simultaneously with the random # generator of the casino slot machine game is the pay out rate per cent.
The pay out percent controls how much the slot machine will pay out, for example the pay out % could be 90%, which means the slot game will pay ninety percent of all the bets played, … the casino gets to keep ten per cent.
This doesn’t imply that each time you bet ten credits you will receive 9 in return – where’s the fun and excitement in that? Instead, the casino slot machine game just will not pay out for a bit, and then suddenly go on a hot streak and you might draw the big jackpot prize.
The profit %s will definitely vary between the assorted games and just a few of the highly established casinos, e.g. Golden Online Casino, which hands out a cash payment of up to ninety five per cent!
This means that, in essence, the slot machine takes all the funds played into it and pays it out to some fortunate winners. The casino only gets to keep a generally low percentage of all the bets made.
The casino one armed bandit software controls every single part of the machine, from the flashing lights to the circulating of the reels.
When you hit spin on the slot machine, a combination is produced by the RNG which relates to the pictures on the reel.