Slot Machine Payouts Are Not Random – Here's Why
If you have a DeLorean time machine (or Dr. Who, if you're British!) and the guy behind the sacks has a problem – he's not made quota (percentage.) Therefore, a few fortunate players who throw coins at him will receive silver or even gold coins in return to make up his percentage. On the other hand, random amounts of either – yes, I know I said that a computer cannot truly generate random numbers; it cannot over a long period of time, but it can SEEM to over a short period of time. When the amount of silver/gold coins chucked back at you – and the bronze, of course – make up the percentage, THEN the slot machine will shut up shop!
Slot machines are RETROSPECTIVE – they take in money – say 100 units of a Given Currency, as we're dealing in percentages here it doesn't matter what the currency IS – and they'll pay the percentage back out again. So if it's on 90%, it'll pay 90 units-of-currency back out for every hundred BUT – and this is why I never play big-win machines.
Big win machines have pots. And casinos love pots. They don't pay out a fixed amount to meet percentages; rather, they throw money into the pot and, every once in a while, someone has a Monster Win, like thousands, which will eventually meet the percentage obligations. The rest of the time they can keep all the money, invest it, get all the interest out of it, by the time it chucks its pot out they've made more than that in interest payments somewhere, trust me! And people fill their eyes with the pots, no other win's good enough, they'll shove it all back for a chance at the pot.
So basically, the machine doesn't have to pay out much the rest of the time. As long as it chucks its pot out – hence 'must win by' pots – it'll cover its percentage, over the year. Or however long. The rest of the time it's mainly handfuls of bronze, with the OCCASIONAL nugget of silver and gold thrown in. Check out Mega888.
Now I'm in Great Britain. Our machines, all over the place in little arcades, have £500 max. jackpots – I wouldn't touch those. Why? To keep things simple, if £500 is 90%, then 100% would be approximately £6,000 to $7,000. Due to the fact that it is entirely possible to win two £500 jackpots at the same time, the “100 percent” increases to at least a few thousand you must wager in order to win anything. Nope, not for me. BUT – there's lots of little machines with tiny jackpots, say £25 – £30. They still have to pay out 90% – but as the wins are smaller, they're going to occur a lot more often.