Like other casino games, people are interested to know about frequency of winning at slot machines. Players all play to win the jackpot. While most of them enjoy winning and having fun at the same time, it is safe to say that every competitor places bets so that he can have a greater return for his bet. There are players who go out of their way to learn about the frequency of winning at their favorite slot machines. To them, winning is just like a huge match equation that they can solve it and get the odds of winning.
Knowing the Odds
Slot machines are like solving a huge math problem. Casinos even publish payback percentages to entice more players. For players, it will be better to be realistic and know the machine 's hit frequency and percentage of payback. It is impossible to know the specific odds of winning in a particular slot machine especially today, since random number generators are now used in new machines. Since there is a random number generator, a player cannot just use multiplication to know slots odds. In the older times it could be easier to ascertain odds because only a few reels are used, but today, machines come with different reels, symbols and winning combinations that it would be very unreachable to come up with a mathematical formula. Players who really want to know the odds can settle to learning about a machine’s payback percentage and hit frequency.
Hit frequency can be defined as the ratio of losses to wins of a slot machine. In modern machines, determining the hit frequency is a combination of mathematical average and a guess. Since guess is involved, hit frequency is half truth and half myth. If one is to know a machine hit frequency, he can play a slot machine for a hundred times and record the results. The player records all his wins and makes a ratio. A player considers a slot machine to be a good hit frequency when it pays out less than ten percent of that of a bad machine.
Slot machine returns refer to the percentage of money paid out by a machine in reference to the amount of money put in it. Participants of tournaments know more about these to help them choose the machine to use for the competition. Casinos can provide a record of machines returns for the local government and for the public.
There are people who assert that payback percentages in machines are merely theoretical. It is because these numbers are made out of guesses since they are derived from infinite spins. These numbers are also said to be used merely for advertising. Game developers indicate it for the purpose of describing the slot machine and not to educate people into gaining odds of winning. But the most important thing to remember about casino gaming, whether using slot machines or not, is that these are all gambling practices, and based on the term, every player “gambles’ to win, so there is no certainty in winning.