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    Understanding Slot Machine Payout Percentages
    Copyright © 2005, Gambling Wisdom, Don Fallows

    It was April 27th, 2001, when I walked into the Statosphere Hotel 
    and Casino in Las Vegas, Nevada. It was the first day of my seven 
    day vacation to Sin City for my long awaited honeymoon vacation.
    
    We checked into the hotel and dropped our luggage in our room. We 
    dropped downstairs to grab a bite to eat, and then we headed for 
    the casino floor. 
    
    Literally, the very first quarter we dropped into the one-armed 
    bandit scored a $400 jackpot. 
    
    It was a great week. We won back most of what we bet, leaving Las 
    Vegas only $800 down for the week, which did include what we 
    spent on souvenirs and our eats, and the $200 we dropped on 
    dinner at the Top of the World restaurant at the Stratosphere. 
    
    That was the first time I had ever eaten dinner at 110 stories 
    overlooking the Las Vegas night life. That alone was worth the 
    $200 dinner. The food on the other hand wasn't quite there, 
    although it is our own fault for ordering food that we had never 
    eaten before --- lamb and lobster. We walked away from the 
    restaurant knowing that we definitely do not have the tastebuds 
    for lobster which comprised half of our meal ticket price. We 
    will leave the lobster next time to the people who enjoy that 
    kind of thing. 
    
    Now, here is the deal. On our honeymoon trip to Las Vegas, we 
    went into the experience blind --- completely unaware of things 
    like Slot Machine Payout Percentages, Comps and the such. Had we 
    known of such things, we might have been able to better optimize 
    our slot machine winning results... maybe. Then again, maybe we 
    did just fine.
    
    On our last day trip to a casino, we left the casino $70 richer 
    than we were when we had arrived.
    
    Anyhow, on our next trip to the slots, we will be carrying cheat 
    sheets with us to help us to better pick our machines. Listed 
    below is just one such cheat sheet that will be included in our 
    information arsenal.
    
    
    ABOUT THE CHEAT SHEET
    
    Here is a little bit of detail about this cheat sheet, before we 
    continue. 
    
    While the manufacturer has some control over the percentages that 
    the slot machines will pay out, the final decision is in the 
    hands of the casino operators. 
    
    This is a list of machines that have the highest possible payouts 
    according to the payout percentages that have been assigned by 
    the manufacturers. You will notice that this list shows the 
    Highest and Lowest Payout Percentages assigned to the machines. 
    Each of these numbers have been verified with the respective slot 
    machine manufacturers. 
    
    As I mentioned before, the casino will make a determination as to 
    what percentage level they will actually pay out according to 
    their own internal policies. Each machine will be set within the 
    ranges listed below. Now, you must keep in mind that the casino 
    will often set their machines at varying levels based on the 
    amount of the bet. For example, dollar machines will always have 
    a higher payout percentage than the nickel machines will. Most 
    casinos will slide the payout percentage based on the amount of 
    the bet, whether we are talking about nickel, dime, quarter, 
    dollar, five dollar, ten dollar or twenty dollar machines. 
    
    You must also keep in mind that the Stratosphere may pay out a 
    different percentage than the MGM Grand Casino or the Luxor 
    Casino. 
    
    The most interesting part of the Payout Percentage schemes is 
    that the government only requires a 75% Payout Percentage for all 
    slot machines. However, competition for your money has entered 
    into the equation, so now it is possible to find machines that 
    payout as much as 98% of the total take on a single machine. 
    
    The final consideration that you must take into account when 
    reviewing this list of Payout Percentages is that these are 
    baseline averages over say the course of a single year. The 
    machine will not pay back to its user the full 98% of the bets 
    over the course of a single day. In fact, you could sit at the 
    same machine for a full seven days and still not win back 25% of 
    your money. let alone 98% of your money. But then again, you 
    could sit down at a single machine and drop one quarter and win 
    98% of everything placed into that machine over the past six 
    months. It all still comes down to the luck of the draw.
    
    
    SLOT MACHINE PAYOUT PERCENTAGES VERIFIED BY THE MANUFACTURERS
    
    SLOT VERSION       -   SLOT MFG. - HIGHEST and LOWEST PAYOUT %
    
    Payout              - Aristocrat       - 98   - 92
    Press Your Luck     - Shuffle Master   - 98   - 92
    Babooshka                  - IGT       - 98   - 88
    Happy, Happy, Hippo        - Atronic   - 98   - 88
    Silver City                - Atronic   - 98   - 88
    Austin Powers              - IGT       - 98   - 85
    Catch a Wave               - IGT       - 98   - 85
    Creatures from the Black Lagoon - IGT  - 98   - 85
    Deep Pockets               - IGT       - 98   - 85
    Dick Clark's Censored      - IGT       - 98   - 85
    Bloopers                   - IGT       - 98   - 85
    Double Diamond             - IGT       - 98   - 85
    Run                        - IGT       - 98   - 85
    Elephant King              - IGT       - 98   - 85
    Enchanted Unicorn          - IGT       - 98   - 85
    Fortune Cookie             - IGT       - 98   - 85
    Frog Prince                - IGT       - 98   - 85
    Leopard Spots              - IGT       - 98   - 85
    Lucky Larry's Lobstermania - IGT       - 98   - 85
    Multi-Card Bingo           - IGT       - 98   - 85
    Rich Girl                  - IGT       - 98   - 85
    Richard Petty's Drive Exp. - IGT       - 98   - 85
    Super Cherry               - IGT       - 98   - 85
    Tailgate Party             - IGT       - 98   - 85
    Wild Bear                  - IGT       - 98   - 85
     
    



    Writer's Resource Box:
    Don Fallows is a writer for the GamblingWisdom.com website. 
    Gambling Wisdom is dedicated to helping gamblers learn how to 
    gain more enjoyment from their gambling activities. GWC provides 
    articles, information and resources associated with a variety of 
    gambling topics. http://GamblingWisdom.com/x.pl/gwc/index.html




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