Slots can rake in the most money from stakes but they can also deliver some of the biggest jackpot payouts. That’s why it’s understandable that these machines can be targeted by slots cheats.
Introduction to Oklahoma Slot Machine Casino Gambling in 2020
Oklahoma slot machine casino gambling consists of 131 American Indian tribal casinos, casino resorts, travel centers, and “gasinos” along with two pari-mutuel racetracks with slot machines.
No theoretical payout limits have been set for tribal casinos in Oklahoma. In addition, no return statistics are publicly available.
This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.
Keep Reading … or Watch Instead!
Or … Listen Instead!
Subscribe to my Professor Slots podcast at Apple Podcasts | Google Podcasts | Spotify | Amazon Music | Amazon Audible | Gaana | Stitcher | Pandora | iHeart Radio | Tune-In | SoundCloud | RadioPublic | Deezer | RSS and everywhere else you find your podcasts!
Relevant Legal Statutes on Gambling in Oklahoma*
The minimum legal gambling age in Oklahoma depends upon the gambling activity:
- Land-Based Casinos: 18
- Poker Rooms: 18
- Bingo: 16
- Lottery: 18
- Pari-Mutuel Wagering: 18
In November 2004, Oklahoma residents approved a State-Tribal Gaming Act through a referendum. This vote enacted a model tribal gaming compact allowing tribes to use new gaming machines and card games. Based on this generic model, 31 tribes negotiated state-tribal compacts with the state of Oklahoma.
*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.
Slot Machine Private Ownership in Oklahoma
It is legal to own a slot machine privately in the state of Oklahoma if it is 25 years old or older.
Gaming Control Board in Oklahoma
Oklahoma’s state-tribal compacts regulate tribal gaming in Oklahoma. However, the state of Oklahoma provides oversight under these compacts, which is the legal responsibility of Oklahoma’s Gaming Compliance Unit.
Based on the Oklahoma Gaming Compliance Unit Annual Report 2018, Oklahoma’s casinos prefer offering more Class II games due to Class III games requiring up to an extra 6% of revenue to the state.
The state also collects exclusivity fees from Class III machines. In 2015, 57% of all gaming machines in Oklahoma were Class III games.
Casinos in Oklahoma
As of mid-2019, 31 American Indian tribes operated 131 facilities offering Class III gaming through tribal-state gaming compacts with the state of Oklahoma. These locations include two racetracks offering pari-mutuel wagering and slot machines.
The largest casino in Oklahoma is also the largest casino in the world. This WinStar World Casino and Resort has 7,400 gaming machines.
The second-largest casino is Choctaw Casinos & Resorts – Durant with 4,300 gaming machines.
Commercial Casinos in Oklahoma
Oklahoma has no non-tribal, commercial casinos.
Tribal Casinos in Oklahoma
The 106 largest tribal casinos in Oklahoma, including two pari-mutuel racetracks with slot machines, are:
- 7 Clans Casinos – Chilocco Gasino in Newkirk, 106 miles north of Oklahoma City.
- 7 Clans Casinos – First Council Casino Resort in Newkirk, near the border to Kansas.
- 7 Clans Casinos – Paradise Casino in Red Rock, 82 miles north of Oklahoma City.
- 7 Clans Casinos – Perry Casino, 65 miles north of Oklahoma City.
- 7 Clans Casinos – Red Rock Gasino, 82 miles north of Oklahoma City.
- Ada Gaming Center – East, 85 miles southeast of Oklahoma City.
- Ada Gaming Center – West, 85 miles southeast of Oklahoma City.
- Apache Casino Hotel in Lawton, 86 miles southwest of Oklahoma City.
- Artesian Hotel Casino Spa in Sulphur, 84 miles south of Oklahoma City.
- Black Gold Casino in Wilson, 112 miles south of Oklahoma City.
- Border Casino in Thackerville, 124 miles south of Oklahoma City.
- Buffalo Run Casino & Resort in Miami, 89 miles northeast of Tulsa.
- Casino Oklahoma in Hinton, 55 miles west of Oklahoma City.
- Cherokee Casino & Hotel – Ft. Gibson, 80 miles east of Tulsa.
- Cherokee Casino & Hotel – Grove, 100 miles northeast of Tulsa.
- Cherokee Casino & Hotel – Ramona, 30 miles north of Tulsa.
- Cherokee Casino & Hotel – Roland, 175 miles east of Oklahoma City.
- Cherokee Casino & Hotel – Sallisaw, 160 miles east of Oklahoma City.
- Cherokee Casino & Hotel – South Coffeyville, 70 miles northeast of Tulsa.
- Cherokee Casino & Hotel – Tahlequah, 83 miles southeast of Tulsa.
- Cherokee Casino & Hotel – West Siloam Springs, 85 miles east of Tulsa.
- Cherokee Casino & Hotel – Will Rogers Downs in Claremore, 30 miles northeast of Tulsa.
- Chickasaw Travel Stop – Davis West, 75 miles south of Oklahoma City.
- Chickasaw Travel Stop – Wilson, 112 miles south of Oklahoma City.
- Chisholm Trail Casino in Duncan, 79 miles south of Oklahoma City.
- Choctaw Casinos & Resorts – Broken Bow, 235 miles southeast of Oklahoma City.
- Choctaw Casinos & Resorts – Durant, 150 miles southeast of Oklahoma City.
- Choctaw Casinos & Resorts – Grant, 200 miles south of Oklahoma City.
- Choctaw Casinos & Resorts – Idabel, 240 miles southeast of Oklahoma City.
- Choctaw Casinos & Resorts – McAlester, 130 miles southeast of Oklahoma City.
- Choctaw Casinos & Resorts – Pocola, 195 miles east of Oklahoma City.
- Choctaw Casinos & Resorts – Stringtown, 163 miles southeast of Oklahoma City.
- Cimarron Casino in Perkins, 60 miles north of Oklahoma City.
- Comanche Nation Casino in Lawton, 86 miles southwest of Oklahoma City.
- Comanche Red River Hotel Casino in Devol, 125 miles southwest of Oklahoma City.
- Comanche Spur Casino in Eldon, 75 miles southwest of Oklahoma City.
- Comanche Star Casino in Walters, 25 miles southeast of Lawton.
- Creek Nation Casino Bristow, 60 miles northeast of Oklahoma City.
- Creek Nation Casino Eufaula, 135 miles east of Oklahoma City.
- Creek Nation Casino Holdenville, 75 miles northeast of Oklahoma City.
- Creek Nation Casino Muscogee, 50 miles southeast of Tulsa.
- Creek Nation Checotah Casino, 120 miles east of Oklahoma City.
- Downstream Casino Resort in Quapaw, on the border of Oklahoma with Missouri and Kansas.
- Duck Creek Casino in Beggs, 35 miles south of Tulsa.
- Gold Mountain Casino in Ardmore, 100 miles south of Oklahoma City.
- Gold River Casino in Anadarko, 60 miles southwest of Oklahoma City.
- Golden Pony Casino in Okemah, 72 miles east of Oklahoma City.
- Goldsby Gaming Center in Norman, 21 miles south of Oklahoma City.
- Grand Casino Hotel Resort in Shawnee, 38 miles east of Oklahoma City.
- Grand Lake Casino in Grove, 80 miles northeast of Tulsa.
- Hard Rock Hotel & Casino Tulsa in Catoosa, on the outskirts of Tulsa.
- High Winds Casino in Miami, 89 miles northeast of Tulsa.
- Indigo Sky Casino & Resort in Wyandotte, 90 miles northeast of Oklahoma City.
- Ioway Casino in Chandler, 40 miles northeast of Oklahoma City.
- Kickapoo Casino Harrah, 31 miles east of Oklahoma City.
- Kickapoo Casino Shawnee, 38 miles east of Oklahoma City.
- Kiowa Casino Carnegie, 94 miles southwest of Oklahoma City.
- Kiowa Casino Hotel Red River in Devol, 125 miles southwest of Oklahoma City.
- Kiowa Casino Verden, 57 miles southwest of Oklahoma City.
- Lucky Star Casino Canton, 60 miles northwest of Oklahoma City.
- Lucky Star Casino Clinton, 85 miles west of Oklahoma City.
- Lucky Star Casino Concho, 35 miles northwest of Oklahoma City.
- Lucky Star Casino Concho Travel Center, 35 miles northwest of Oklahoma City.
- Lucky Star Casino Hammon, 120 miles west of Oklahoma City.
- Lucky Star Casino Watonga, 70 miles northwest of Oklahoma City.
- Lucky Turtle Casino in Wyandotte, 90 miles northeast of Oklahoma City.
- Madill Gaming Center in Madill, 122 miles south of Oklahoma City.
- Native Lights Casino in Newkirk, 106 miles north of Oklahoma City.
- Newcastle Casino in Newcastle, 19 miles south of Oklahoma City.
- Okemah Casino, 72 miles east of Oklahoma City.
- One Fire Casino in Okmulgee, 45 miles south of Tulsa.
- Osage Casino Hotel Bartlesville, 50 miles north of Tulsa.
- Osage Casino Hotel Hominy, 44 miles northwest of Tulsa.
- Osage Casino Hotel Pawhuska, on the outskirts of Tulsa.
- Osage Casino Hotel Ponca City, 50 miles northwest of Tulsa.
- Osage Casino Hotel Sand Springs, on the outskirts of Tulsa.
- Osage Casino Hotel Skiatook, 17 miles north of Tulsa.
- Prairie Moon Casino in Miami, 89 miles northeast of Tulsa.
- Prairie Sun Casino in Miami, 89 miles northeast of Tulsa.
- Quapaw Casino in Miami, 89 miles northeast of Tulsa.
- Remington Park Racing Casino in Oklahoma City.
- River Bend Casino Hotel in Wyandotte, 90 miles northeast of Tulsa.
- River Spirit Casino Resort in Tulsa.
- Rivermist Casino in Konowa, 75 miles southeast of Oklahoma City.
- Riverwind Casino in Norman, 12 miles south of Oklahoma City.
- Sac and Fox Nation Casino in Stroud, 60 miles northeast of Oklahoma City.
- Saltcreek Casino in Pocasset, 50 miles southwest of Oklahoma City.
- Seminole Nation Casinos – Seminole Nation Casino in Konawa, 60 miles southeast of Oklahoma City.
- Seminole Nation Casinos – Trading Post Casino in Wewoka, 60 miles east of Oklahoma City.
- Southwind Casino Braman, 106 miles north of Oklahoma City.
- Southwind Casino Kanza in Braman, 106 miles north of Oklahoma City.
- Southwind Casino Newkirk, 106 miles north of Oklahoma City.
- The Stables Casino in Miami, 89 miles northeast of Tulsa.
- Stone Wolf Casino in Pawnee, 106 miles north of Oklahoma City.
- Sugar Creek Casino in Hinton, 55 miles west of Oklahoma City.
- Texoma Casino in Kingston, 130 miles south of Oklahoma City.
- The Black Hawk Casino in Shawnee, 40 miles east of Oklahoma City.
- Thunderbird Casino Norman, 21 miles south of Oklahoma City.
- Thunderbird Casino Shawnee, 38 miles east of Oklahoma City.
- Tonkawa Gasino, 91 miles north of Oklahoma City.
- Tonkawa Hotel & Casino, 91 miles north of Oklahoma City.
- Trading Post Casino Pawnee, 57 miles northwest of Tulsa.
- Treasure Valley Casino & Hotel in Davis, 75 miles south of Oklahoma City.
- Washita Casino in Paoli, 52 miles south of Oklahoma City.
- WinStar World Casino and Resort in Thackerville, 124 miles south of Oklahoma City.
Other Gambling Establishments
Slot Machine Payout Percentage
As an alternative to enjoying Oklahoma slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Oklahoma is:
- North: Colorado Slots and Kansas Slots
- East: Arkansas Slots and Missouri Slots
- South: Texas Slots
- West: New Mexico Slots
Each of the links above will take you to my blog for that neighboring U.S. state to Oklahoma.
Our Oklahoma Slots Facebook Group
Are you interested in sharing and learning with other slots enthusiasts in Oklahoma? If so, join our new Oklahoma slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.
There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Oklahoma. Join us!
Payout Returns in Oklahoma
No theoretical payout limits are legally set by Oklahoma’s state-tribal compacts. Further, no return statistics are publicly available.
Summary of Oklahoma Slot Machine Casino Gambling in 2020
Oklahoma slot machine casino gambling consists of over a hundred tribal facilities with electronic gaming machines existing as casino resorts, casinos, convenience stores, travel centers, bingo halls, and more.
Gaming regulations come from a generic tribal-state compact, used by 31 tribes in Oklahoma to legalize Class II bingo-style and Class III Las Vegas-style gaming. It does not include theoretical payout limits nor require that tribes make return statistics publicly available.
Annual Progress in Oklahoma Slot Machine Casino Gambling
Over the last year, Bordertown Casino and Arena closed when the Eastern Shawnee Tribe decided to reassess its business plans and close the facility in December 2019. Also, the Texoma Gaming Center in Kingston became the Texoma Casino.
In early 2020, Governor Kevin Stitt of the State of Oklahoma demanded the state’s tribes update their tribal-state compacts. At issue was an attempt to improve the state’s gaming revenue by increasing income from exclusivity payments for monopoly casino rights. Ultimately, Oklahoma’s tribes united against the Governor, resolving the “bitter feud.”
Related Articles from Professor Slots
Other State-By-State Articles from Professor Slots
- Previous: Ohio Slot Machine Casino Gambling
- Next: Oregon Slot Machine Casino Gambling
Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC
No, the odds are the same regardless of the time of day.
Most slot machines usually offer an incentive to play the maximum coins. For example two coins may pay 2,000 on the jackpot but three coins will pay 5,000. So if there an economy of scale incentive, then the return is higher with a max-coin bet. However, I should mention that most casinos tend to increase the theoretical return on their slots as they go up in denomination. So, you may be better off betting one coin on a $1 machine than four coins on a quarter machine.
My advice on slot selection is to play a simple smaller game. Nothing with fancy signage or a huge screen. Ultimately, it is the players that pay for that in the form of a lower return.
Interesting question. I'm sure that didn't refer to the payback percentage, 37% would be way too low. The 'hit frequency' is the probability that the player wins anything.
The bonus can be redeemed at the cashierThe maximum withdrawal is 10 times the bonus amount.Players can't use several consecutive free bonuses. https://pinkomg.netlify.app/ruby-slots-casino-200-no-deposit-bonus-codes.html.
I'm pretty sure that the odds on Megabucks are the same everywhere. It is a 'proprietary game,' meaning the casino and slot maker (IGT) share in the profits. As I understand it, such propriety games are generally set to a return of about 88% by the slot maker, and the casinos do not have the option for a looser or tighter version.
The Wheel of Fortune game, with the big jackpot, I believe is also a proprietary game. Video poker odds are dictated by the pay table. For example, a 9-6 Jacks or Better game will pay 99.54%, assuming optimal strategy and an infinite amount of play, regardless of where the machine is or number of number of hands the player gets on the draw.
You're right, it is impossible for me to know without Microgaming giving me the details on how their reels are weighted. I have asked some of the major software companies for such information, but thus far nobody has volunteered anything. However, I can tell you that the average payback for all slots at the Golden Palace for the month of March 2000 was 95.67%. This information is available at the Golden Palace web site, click on the Price Waterhouse Coopers monthly payout review.
I would assume that the odds are the same at all Microgaming casinos. All casinos probably contribute money to the same account from which the jackpot is paid. This way, the individual casino from which the jackpot was hit does not have to reach into their own pocket when somebody wins. Mid-level payouts are probably paid by the casino itself.
The minimum applies to every machine. Someone with the Gaming Control Board in Carson City, Nevada, told me that every machine in the state must meet minimum payback percentages. The only exception, he said, are on some antique machines in Virginia City.
Unlike most slots, this game has different types of wins according to the number of coins bet. The first coin enables the player to win the small frequent 'bar' wins, from 2 to 60. The second coin enables larger 'seven' wins from 100 to 500. The third coin doubles the wins for sevens, except it also qualified the player for the progressive jackpot for three sizzling sevens.
The ways these games are programmed is to give the player a slightly higher return on each additional coin bet. For example, the first coin might have a return of 92%, the second 93%, and the third 94%. You seem to think the return for one coin would be very low, due to the small wins, but those wins happen more often than the wins for sevens.
In Nevada, regulations require slots to theoretically pay at least 75%. Even the games at the airport, which are very tight, still pay at least 85% or so. I'm quite sure that the return for any number of coins bet in Blazing Sevens conforms to industry norms.
When walking into one of these 'Indian' casinos, I can stand for five minutes, listen to the bells and tunes, and know if it will be a good day. Take 300 slot machines with fixed payouts and listen, given the same number of players should produce the same frequency of sounds. It doesn't. I think all of the new machines are networked and changed based on overall psychological factors of the players.
In general Indian casinos are self-regulated. There is generally a tribal commission that will hear disputes, but ultimately the members of the commission know which side of their bread gets buttered.
Don't assume any kind of minimum return on the slot machines. However, ultimately economics would dictate that a return too low would be sensed by players, who would be unlikely to return if they consistently lost too much money too quickly. It would also be bad business, and time consuming, to loosen and tighten the slots like a yo-yo.
Your sound level hypothesis sounds interesting, I never thought of that.
The casinos don't actually program the casinos to pay a certain percentage, but determine the weighting of the reels so that the theoretical return is whatever they wish. In the short run, the actual return can be either much higher or lower than the theoretical return. However, the laws of mathematics dictate that the actual return will get closer to the theoretical return the greater the number of trials.
Each frame in these video slots is weighted equally. Any given line is equally likely to produce any given combination. Thus, the return is the same regardless of the number of coins played.
I looked over your expected payouts for the various deuces wild pay schedules, but I did not find the particular schedule I was looking for. Could you tell me the expected payout for a deuces wild with the following schedule: Royal flush - 840
Four deuces - 200
Wild Royal - 20
Five of a kind - 12
Straight flush - 9
Four of a kind - 5
Full house - 3
Flush - 2
Straight - 2
Three of a kind - 1
I would do this myself, but I am unable to use the necessary software, as I am not a windows user.
Physically all you have to do to change the return of the slot machine is change the EPROM chip inside. Assuming the casino manager had all the EPROM chips, which I think they sometimes do, they could make the change themselves. However in a major jurisdiction the change would have to be reported to the gaming authorities, not to mention internal paperwork. The random number generator is constant, it is what the program does with the random numbers that determines the return.
In general the higher the coinage the better the rate of return is. However in my own research I have seen plenty of exceptions, notably dollar machines that paid less than quarters.
I don’t know whether the chances of winning were better or not. They worked the same way as they do now except each stop on each reel had an equal chance. The very early ones didn’t pay money but chewing gum, which explains the bar symbols (sticks of gum) and fruits (flavors) on some modern slot machines.
I’ve been asked about these North Carolina slot machines so many times I’m tempted to fly there just to see them for myself. Yes, if they did give the probability of each symbol for each reel then an optimal strategy and a return could be fairly easily calculated. However I have never actually seen such a table and have never worked out the odds.
To begin, I am not a mathematician but I am a casino player. I have followed some of your articles in Casino Player magazine and I subscribe to your on-line newsletter. By the way, I hope you had a wonderful time with your family and friends in Seattle.I just had an eye-opening experience at Casino Windsor. No where do they publish their percent payback on slots. However, that aside, I was going to play quarter (my comfort level) video poker. I was really taken aback when I put up the paytable. They were 5/4 machines. I am talking Jacks or better was only 5 coins on a full house and 4 coins on a flush. I looked at about 20 machines and only found one that paid any better and that was a 6/4 machine.
:max_bytes(150000):strip_icc()/GettyImages-200443052-001-596853f03df78c57f49b3034.jpg "Oklahoma Slot Machines Payout Percentage")
As I stated, I am not a mathematician but I think that payback percentage must be in the very low 70s. Needless to say I didn’t play video poker there because I know that the longer I would have played the greater the loss I could have expected with the house taking approximately $30.00 from every $100.00 put through the machine. That is not a gamble with some expectation of winning, it is a sure loss for players. On the Detroit side of the river, MGM Grand has their machines at 7/5. Not really great but a whole lot better than 5/4.
Could you please tell me the exact percentage payback on the 5/4 and 7/5 machines. Since none of the area casinos post their average payback on slots I am (and this is dangerous) assuming that their reel slots payback the same percentages. Best regards.
Actually with perfect play the 5/4 pay table return 92.78%. Still one of the worst pay tables I have ever heard of. Have you tried the Greektown casino in Detroit? I don't know what games they have but I do know they have had security remove several winning video poker players from the building, including a old lady who hit a royal on a machine with a 97% pay table. They must have something good enough to warrant throwing winners out for.
First lets clear up what the term 'hold' means. For purposes of electronic games it is the theoretical return the game is set to. In both video poker and slots each play is random and independent of all past plays. The laws of mathematics dictate that even with independent trials the as the sample size gets larger the actual return will tend to get closer to the theoretical mean, or the hold. So contrary to popular belief a machine never goes hot or cold to get back in balance. Never mind the term 'cycle.' It is a poorly named industry term for the number of possible outcomes of the random number generators inside the machine. Unfortunately the term has trickled down only to confuse low level employees and players alike. Contrary to popular myth there are no cycles and again each play is equally random and independent of all other plays.
Not often. Contrary to popular myth the casinos don’t tighten the machines on weekends or whenever it is busy. Here in Las Vegas the casinos have to fill out a form every time they change the percentage on each game. Most slot managers I have spoken with have a policy on what coinage is set to what return. I tend to think the most likely reason to change the percentage would a change in ownership and/or management, which do not happen often.
Enchanted Kingdom is a fairly stand five-reel slot machine. Players look to make matches of identical symbols on any of their 30 active paylines, with all wins running from left-to-right across the screen. https://pinkomg.netlify.app/enchanted-kingdom-free-slot.html.
The 96.7% applies to total money bet and transaction fees generally only apply to deposits and/or withdrawals. Players generally circulate through the same money and thus bet much more than they deposit. As I discussed in the September 18, 2005, column a player could bet through about 1.5 million dollars with a $10,000 bankroll and betting $5 at a time in blackjack. In this case the casino would make their profit based on 1.5 million in bets but pay expenses based only on $10,000.
From what I hear anything you can configure at the machine you can configure remotely through the server. This would include the theoretical return percentage. However most casinos report that changing the theoretical return of a slot machine necessitates a lot of paperwork.
Even if it were effortless to move the slot machine return up and down, it strikes me as a conspiracy theory to think the casinos would do that on a player by player basis. Living here in Vegas, I hear all kinds of theories about the lengths the casinos go to in order to win, like pumping in oxygen and playing a subsonic mantra that says 'lose lose lose.' These are just urban legends. Most casinos correctly believe that if you give the player a good experience and a fair gamble then he will keep coming back. As they say, you can only slaughter a sheep only once, but you can shear it many times. (My webmaster, Michael Bluejay, who is a vegetarian, tried to get me to use this analogy instead: 'You can seize all of a sheep’s money only once, but you can force it to take you bowling many times.')
According to the Nevada Gaming Control Boards that means that every slot machine in that bank must be set to a theoretical return of at least 97.4%. Popular opinion has it that only one machine must be set to 97.4%, or that the overall average must be 97.4%. However, I am taking a firm stand that both notions are wrong, at least here in Nevada.
It depends. If the slot play may be used in any machine in the casino, including video poker, then it can be worth 99 cents on the dollar or more, depending on the video poker offerings. For example, the MGM Mirage casinos award $1 in free slot play for every one point earned. It can be used in any machine in any casino connected to the MGM Mirage player card. Most MGM Mirage properties offer 9/6 Jacks or better, so the value of $1 in free slot play is worth 99.54 cents, with correct strategy.
However, sometimes free slot play must be done on particular promotional machines that don’t accept money. The value of this kind of free play is hard to estimate closely, but generally very little. For example, the Las Vegas World used to sell “$1000” vacation packages for $400. Of the alleged $1000 value $600 was in promotional slot machine play. In his book “Million Dollar Video Poker,” Bob Dancer writes that he did this deal numerous times over, and estimates the value of the free slot play to be about ten cents on the dollar.
It will show the specific return of the game you played.
Let’s assume 10.8 for the standard deviation, which I get from the Red, White, and Blue game described in my slot machine page. The standard deviation of the mean over n spins is standard deviation per bet divided by the square root of n. In this case, 10.8/10,0000.5 = 0.108. The difference between 93% and 91% over 10,000 spins is just 18.5% of one standard deviation. To get the standard deviation of the mean to just 2% you would need a sample size of 291,600 spins. The standard deviation in slots will vary substantially, so take these figures with a grain of salt.
No, there isn’t. I don’t like it any more than you do. I think the player should be allowed to know the rules and/or the odds about what he is gambling on. Others have asked me if invoking the state Freedom of Information Act. I tend to doubt it would help or apply. As far as I know, the only place with such a right to know might be Holland. I’m told in Amsterdam information about the virtual reel stripping is indicated in little cards on the machines. You could in theory calculate the odds with that information and the pay table.
How does the total amount paid out or won correlate to how loose the slots are? In other words, should I prefer to play at the Circus Circus and Reno airport because their slots allegedly pay out so much?
'Anonymous' .
No. To get an estimate of how loose a casino's slots are you would want to know the ratio of money returned to money bet. This ratio would typically be about 92%. Telling you only the amount paid out is not useful at all. Consider the Circus Circus claim of paying out $26 million a month. They don't disclose how much players bet to get that $26 million. What if they bet $35 million? That would be a return of 71.43%, which would be awful.
In conclusion, I don't know whether to be angry over what I consider to be deceptive advertising or depressed that people fall for it.