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Thread: Question concerning the percentage payouts on penny slot machines through $25.00 ones

  1. Default Question concerning the percentage payouts on penny slot machines through $25.00 ones

    Someone wrote to me with this question - Concerning the % payout on penny machines through $25.00 ones, Does this mean I can play a 25cents machine and higher for the better payouts or can I simply play 50cents and more on a penny machine to increase the odds? I do play penny with 50c bets but can't help wonder if there's a difference with a machine with a bigger minimum denomination to play. Thank you for whenever you can get back to me.


    My answer is as follows - The machine doesn't care how much you bet. Whether you bet the minimum, or the maximum, the result of the spin would be the same. It is the pay table on the machine that would determine how much you would be paid. Generally, a slot machine will simply double your payoff if you double your bet, triple it if you triple your bet, etc. We have a video about when it is best to bet maximum coins and you can see it here - https://youtu.be/s3jIVLyWdVs

    If you play a penny machine making a maximum bet will not increase the payback percentage. In your case, let's say the max bet is 50 cents (which would be rare). Whether you bet one cent, or 50 cents, the payback percentage would not change. However, if you never bet enough to be eligible for a bonus round then the payback percentage would be even lower because part of the overall payback percentage is tied up in the bonus round. Therefore, it is usually best to bet just enough to be eligible for the bonus round on any game you play.

    If you played a penny machine with $5 max bets, say 50 lines at 10 credits per line, then you would be better off switching to a $1 machine, betting $1 per line on its five line paytable. The reason is that the payback percentage will be higher on the $1 machine.

  2. #2

    Default Re: Question concerning the percentage payouts on penny slot machines through $25.00 ones

    A follow-up question on the machine per year as a whole? Does the owner of the slot machine know specifically how much that machine will pay out for their casino per year?

  3. Default Re: Question concerning the percentage payouts on penny slot machines through $25.00 ones

    Quote Originally Posted by Halpond View Post
    A follow-up question on the machine per year as a whole? Does the owner of the slot machine know specifically how much that machine will pay out for their casino per year?
    No one knows exactly what a machine will pay out at the end of the year because the payback percentage is a theoretical number that is based on probability. For example, a 98% payback percentage doesn't mean that a machine must pay back that exact percentage within a certain time period. Some days a casino will lose money on a machine, but most days it will make money and in the long-run the machine will pay back very close to what it is programmed to return. As a simple example, think of a bowl with 10 balls. Nine are red and one is white. If someone randomly picks a ball, in the long-run about 90% of the time a red ball will be picked and about 10% of the time a white ball will be picked. Slot machines work the same way, but they just have many more combinations programmed into them to achieve whatever payback percentage is desired by the manufacturer.



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