Before the introduction of computer chips into slot machines calculation of slots odds to hit the jackpot was not a difficult task at all. All that was required was to find one of the factors of the total number of reels and multiply it with number of symbols for each reel. For example, take that you were playing a one payline slot having 3 reels with 20 symbols. In this case the slots odds to hit the jackpot are going to be 1 out of 8,000 (20x20x20=8,000).
Nowadays, both traditional and online slot games are designed using Random Number Generators (RNGs) along with automatic payout percentages. This makes it almost impossible for any player to compute slots odds. Given this situation, you will find who RNGs and betting denominations affect the odds.
Importance of Betting Denominations
The regular betting denominations in slots are between $0.01 and $5, or even more. If a slot machine requires more money, the odds are going to be better. Casinos earn money from the small percentage that they keep from your bet as well as slot bonuses.
While a $0.01 betting denomination doesn’t allow much profit to the casino, a $5 denomination helps in increasing the profit by justifying the machine. The higher the denomination, the better the slots odds offered by the casino.
Role of Payout Percentage and RNGs
Computer programs control slots by dictating the payout percentage for each game. For example, if a slot game claims a payout of 97%, it means that for each $100 bet, you could expect to get $97 in return.
The payout percentage offered by the slot machine varies from one time to another. Therefore the claimed payout percentage represents the percentage over the lifespan of the machine.
The use of RNGs is to manage the stopping positions of the reels. These number generators produce numbers that can be anything. And, the stop position of the reels is determined on the basis of these random number values. Therefore, you can see that the payout percentage is the only factor that helps in understanding the slots odds of a machine.
Misconceptions Regarding Slots Odds
There are many misconceptions spread among players regarding slots odds. While some of the misreading is due to incorrect assumptions, the others are due to incorrect information online.
- A lot of players believe that slot odds remain same for a particular game. The fact is that slot games in different casinos, both online and land-based can have odds that keep changing.
- Numbers of reels or the symbols for each reel no longer have any role to play.
- The computer program created payout percentages determine slots odds.
When seeking a reputable online casino, payout percentages and Slots odds are not the only factors to be considered. Other factors to be considered are
- Sign-up bonuses
- Strong software
- Customer support
- Simple wagering requirements
Thus, when it comes to determining slots odds, payout percentages are the main factors in addition to other smaller factors like bonuses that help increase Therefore, you can see that the payout percentage is the only factor that helps in understanding the slots odds of a machine, wager requirements and customer support and reliable software.