Understanding The Online Slot Machine Games Payout Percentage
All slot machine games are programmed to pay out a certain portion of the money put into them. This “certain portion” is called the payout percentage of a slot machine.
Payout Percentage Varies Across Slot Machine Games
The payout percentage usually varies across different slot machine games. For example, if one slot machine game is offering a 90% payout percentage, another may offer more than 90% and some may offer less than 90%. However, there’s a certain fixed payout percentage and no casino can offer slot machine games offering payout percentages below that. This applies to online slot machine games too.
Payout Percentage is not to Be Confused with Expected Payout Percentage
Many players confuse the payout percentage with the expected payout percentage. This is certainly not true. Let’s say a casino is offering slot machine games with a payout percentage of 95%. Most players think that for every $100 they wager on those particular slot machine games, they will get back exactly $95 regardless of whether they win or lose.
This is not true.
The payout percentage on slot machine games, including the Online slot machines, indicates that on average the machine will shell out 95% of the money wagered on it. It does not mean that a player is going to get back $95 out of every $100 wagered. A player may get more or less and that’s why it’s called luck because you never know what you’re gonna get out of a spin!
Use Payout Percentage to Pick the Right Slot Machine Games
You can however use the payout percentage to pick the right slot machine games for you. How? Well, always go for the slot machine games that offer a high payout percentage. The reason is obvious: you can expect more from a slot machine that is supposed to pay a high payout percentage.
Play Online Slot Machine Games
Online casinos usually offer a better payout percentage on their slot machine games. Almost all online slot machine games offer a payout percentage above 90%. The reason why online slot machine games are so generous lies in the intense competition among online casinos. Players have a lot of choice when it comes to play online slots on the Internet. If they don’t like one casino as far as the payouts are concerned, they will join another. After all, joining another casino involves just a few mouse clicks!
Therefore to lure more players and retain the existing ones, online casinos offer higher payout percentages than one another.
Now that you know what slot machine games payout percentage is, it’s time to find some good online slot machine games and have fun!