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Slot machine settings?
Slot machines come from the manufacturer with various possible settings for expected returns. From loosest to tightest for one actual machine they are 85.0%, 87.5%, 90.0%, 92.5%, 94.0%, 95.0%, 96.2%, and 97.4%. Casinos in Vegas almost never ever use the loosest possible setting, and the worst ones like the airport and the Venetian uses the tightest possible setting. If you are after a lot of repeat business, the slot master chooses looser settings. Now these returns are averages over long term play, and each individual will have huge variations in how much he wins or loses. Normally in a financial transaction you must reveal the terms of the transaction in advance. Do you think casinos should be required to reveal expected returns on slot machines?
3 Answers
- DavidLv 48 years agoFavorite Answer
Rather surprised they don't,here in UK all machines are required by law to clearly display the percentage return to players or the odds of winning prizes from use of the machine
- SlickterpLv 78 years ago
Even if you told everyone, people still wouldn't understand that the machine would keep their money in the long run.
- ?Lv 45 years ago
"i choose for to get rid of the nudy lady and produce the prevailing odds down" - shouldnt or no longer this is any incorrect way around? Odds down, boobs up? seems-counterproductive. Google the "instruction manual..." to your device.
