Pokies and Slot Machine Information

Simulation of slot machine play

January 30, 2006 on 2:44 am | In Slot machine overviews |

Posted below is a chart showing a sample of what you might find if you were to invest $1,000 into three slot machine games of the same game type (imagine your favourite game is the subject of this chart), but with different payouts, and played until you had lost the entire $1,000.

Three different return to player (RTP) amounts are shown - from 85% up to 93%. The RTP number is simply a way of determining how much of every dollar you gamble in a slot machine you can expect to keep. So if the RTP is 85%, you can expect to keep around 85% of each dollar you play with. Each time you re-invest the funds, you can expect to lose more.

The most difficult part is determining the RTP a given machine is set to. Gaming venues are usually able to change these at their discretion (subject to regulatory limits) and may not wish to tell you what their payouts are. Ask anyway!

Using the scenario from the chart above, we can see that playing the same slot game but with different RTP settings, and betting the same $2 amount every spin on each game, you could reasonably expect to play for almost twice as long on the ‘loose’ (93% RTP) machine as on the ‘tight’ (85% RTP) machine. If you are going to play the pokies, find a venue with the highest payouts.

As always, please note these figures are based on very long term averages - the chart above is simplying returns to make them readily understandable. All charts and data are estimates and approximations only.