Rhode Island Slot machine paybacks

[Leo]

The information for Rhode Island slots shows 92% payback for 5, 10, & 25 cent slots.

I have picked up Audit Tickets that show 'Cash in' and 'Cash out' values. Simple math of deviding out by in results in the following paybacks: 65%, 63% 73% 75% 80%.

This is for only the five machines that I have slips for. Am I missing something or, is this really bad payback?

[SteveBourieOLD]

Re: Rhode Island Slot machine paybacks

I spoke to a representative from the RI Lottery, which regulates the machines, and he explained that those numbers only count the money put into the machine and the money paid out.

It does not count the credits played on the machine, which results in a much higher payback percentage.

He said the actual paybacks at both casinos were around 91%.

[Luigi Barsotti]

Re: Rhode Island Slot machine paybacks

Yes, they are poor payoffs. In fact, they are VIDEO LOTTERY TERMINALS. They are much like scratch off tickets.

A certain number of winners are programmed into the central computer located, in all probability, in the capitol of PROVIDENCE.

The video poker machines DO NOT HAVE A RANDOM NUMBER GENERATOR, that's why the payoff is around 91%.

Stay away!!

[SteveBourieOLD]

Re: Rhode Island Slot machine paybacks

Luigi:

I don't believe that all VLT's act in the same manner and that some offer odds that are similar to any stand-alone video gaming machine.

I do know that in New York the games are similar to a scratch-off ticket and they do not use a random number generator (RNG).

However, not all VLT's are like that and even if they are connected to a central server they can still produce results with a RNG.

Keep in mind that the next generation of electronic machines will be server-based games where all of the machines in a casino are connected to a central server. I am sure that the results for all of those machines will still be based on a RNG.

Server-based games are being introduced now at some casinos. Also, the new $9 billion MGM/Mirage City Center project in Las Vegas will be the first casino to use server-based gaming throughout the casino.