The House Edge at Slots. Each gaming jurisdiction requires all slot machines to be registered and all slot manufacturers must submit their programming and math charts to the state gaming office, such as the Nevada Gaming Control Board. While the state may only require a minimum payback of 86-percent, most video poker and slot machines pay more. Slot Payouts - Atlantic City and Mississippi - Report #1. Gayle Mitchell, one of the first women to break through the “felt ceiling” of the previously male-dominated world of casino gambling gurus, is now regarded as one of North America’s leading experts on casino gambling.

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The house edge at slot machines isn't based on how lucky the players are, it is based on the pre-programmed electronic software used. And, that house edge varies from casino to casino and from geographic location and state to state.

Don't be fooled by a billboard that says 'Our slots pay 99%' because that only pertains to a small number of machines, not the casino's overall house edge. All video slot machines (including poker) use a Random Number Generator to provide accurate odds for the player and the house.

The number of winning hands (symbols) in any program is mathematically proven before the slots hit the gaming floor, and while the odds vary for each player (because this really is gambling), overall, the anticipated house edge will eventually be achieved.

The House Edge at Slots

Each gaming jurisdiction requires all slot machines to be registered and all slot manufacturers must submit their programming and math charts to the state gaming office, such as the Nevada Gaming Control Board. While the state may only require a minimum payback of 86-percent, most video poker and slot machines pay more. The average payback in Nevada is lowest on penny slots at about 90-percent. Dollar slots and some Deuces-Wild poker machines have the highest payback at nearly 99-percent.

Of course just because a machine has a payback of 99 percent does not mean you will win back $99 for every $100 you play through the machine. That payback amount is an average. Over the course of an evening of gambling, you might lose $500 or win $5,000. That's the beauty of the gamble, right? And, the casino doesn't care either way, because they win an average of whatever their house edge is over the course of the month.

How does that 99-percent work for you? Aside from the ups and downs of jackpots and dry spells, your entertainment dollar is going to be based on how long you play. If you play a machine that takes $3 per spin and you pull the handle 10-times an hour, you are playing $3 x 10 x 60 = $1,800 in action. At 99-percent house edge, your play costs $18 an hour. Some nights you'll go home ready to kick the wall, and other nights you be singing a happy tune because you hit a jackpot and skated out with hundreds. That's gambling.

Play Within Your Means

As a general rule, the higher denomination slot machines have a greater overall payback percentage that the lower ones. That's great for those with a healthy bankroll, but you'll need to play the games that offer you the best bang for the buck. The worst thing a player can do is to play any game for more money than they can afford to lose or at a higher denomination than their bankroll will handle.

Another consideration is making sure you can qualify for any bonus screen or Royal Flush payoff. If you want to wile away the hours playing a single nickel in a machine, that's great. Enjoy. You won't win or lose much and you'll probably go home happier than most players. But your play comes with a catch!

That catch is that the house edge provided for each machine includes the big jackpots (such as a Royal Flush), and if you play below the minimum to reach the bonus screen, the house edge is much higher! You won't lose much, but you'll never win more than a couple of dollars.

The Best Option

The best option is to play the games you enjoy most, and make sure you read the Help Screen so you know how many credits it takes to qualify for at least the lowest progressive jackpot and the bonus screen (or Royal Flush at video poker). As a recreational player, your first goal is to have fun. If you only visit the casino occasionally the overall payback of the machine won't make much of a difference. If you visit regularly, make sure you join the Player's Club and play within your means!

Some people might want to know how to find the payout percentage on a slot machine. Sadly, it’s not something that’s printed on most games — at least not here in the United States.

This post is for them.

Understanding this topic involves some rudimentary understanding of probability as it relates to casino gambling. You’ll need to understand three separate concepts thoroughly:

Payback percentage
House edge
Return to player

This post explains each of those in enough detail that even a beginner should understand what they mean.

Some Basic Facts Related to Probability, the House Edge, Payback Percentage, and Return to Player

Probability is the branch of mathematics that deals with how likely an event is to happen. If you want to measure how likely you are to win a jackpot on a slot machine, probability is the way to figure that out.

But the word also refers directly to that likelihood.

In other words, if I say the probability of getting heads when I flip a coin is 50%, I’m not talking about that branch of mathematics. I’m talking about the actual statistical likelihood of that event.

You should understand a few things about probability in general.

Probability is always a number between 0 and 1. An event with a probability of 0 will never happen, and an event with a probability of 1 will always happen. The closer to 1 the probability is, the more likely the event is to happen.

Probability can be expressed multiple ways. It can be expressed as a fraction, a decimal, a percentage, or as odds. The probability of getting heads on a coin flip can be expressed as 1/2, 0.5, 50%, or 1 to 1.

An event’s probability is the number of ways it can happen divided by the total number of possible outcomes. When you’re discussing a coin toss, you have two possible outcomes. Only one of those is heads. That makes the probability 1/2.

The probability that an event will occur added to the probability that an event won’t occur always equals 1. Therefore, if you know the probability that something will happen, you also automatically know the probability that it won’t happen, and vice versa.

The house edge is a statistical measure of how much the house expects to win (on average, over the long run) from every bet you make on a game. The house edge is a theoretical number that accounts for the probability of winning versus the probability of losing AND the payout if you win.

All casino games carry a house edge. In the short run, it doesn’t matter much, but in the long run, it’s the most important thing.

If I say a game has a house edge of 4%, this means that over time, you should average a loss of $4 for every $100 you bet on the game. This is a long run statistical average, though. In the short run, you’re unlikely to see results that mirror the house edge.

The return to player and the payback percentage are the same thing. Some writers use one to refer to the statistical expectation and the other to refer to the actual results, but most writers use these terms interchangeably.

The payback percentage added to the house edge always equals 100%. The payback percentage is the amount of each bet that you get back, and the house edge is the amount of each bet that the casino wins. Again, these numbers are on average over the long run.

A game with a 4% house edge has a 96% payback percentage.

In the United States, slot machine payback percentages are impossible to calculate and not posted on gambling machines. To calculate the house edge or the payback percentage for a casino game, you need two pieces of data:

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