4/11/2022

Slot Machine Odds Alberta

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  1. Alberta Slot Machine Odds
  2. Slot Machine Odds Alberta Express Entry
  3. Slot Machine Odds Alberta Canada

People in the gaming business and regulators generally refer to a slot machine as any gambling machine, including reeled slots, video poker, video keno, video blackjack,etc. For purposes of statistics both casino managers and regulators combine all the electronic gambling machines together. The Interblock machine has to be one of the most annoying machines on the casino floor. The lady host imploring players to 'C'mon, press a button!' Cuts through all the slot machine noises and I can frequently hear her many aisles away. Conspiracy theories thrive in gambling, and I see that these craps machines aren't immune to participating in. How Slot Machines Are Rigged. Understanding how slot machines are rigged requires you to understand how they work. Each slot has its game odds, but they all use a similar method of paying out jackpots. Here are some important things to know about slot machines. Understand Slot Machine RTP. RTP is an acronym for “return to player.”. A common or typical payout percentagefor slot machines in Alberta casinos is 92.4 per cent. This means that 92.4 per cent of the money that is wagered is paid back to slot machine players through winning hits; determined over millions of spins.

Slot Machine Odds Alberta

Slots machines, as games of chance (rather than skill), are generally more about having fun than they are about making money.

However, there are things you can do to maximize your wins and minimize your losses. For example, by calculating a slot machine’s payout percentage, you can obtain a larger picture idea of how much money you stand to win back. Other tactics include using effective bankroll management techniques, joining a slots club to benefit from its rewards programs, and more.

What Are the Odds of Winning on a Slot Machine?

Slot machine odds used to be easy to calculate. When you’re dealing with three reels, ten symbols on each reel, and a limited pay table, then it’s just a simple math problem. But the rise of electromechanical slot machines and (later) video slots added some complexity to the situation.

How Probability Works

Probability has two meanings. One is the likelihood of whether or not something will happen. The other is the branch of mathematics that calculates that likelihood. To understand the odds as they relate to slot machines (or any other gambling game), you have to understand the basic math behind probability.

Don’t worry though. The math isn’t hard. Probability involves addition, subtraction, multiplication, and division, all of which you learned in middle school.

The first principle of probability is that every event has a probability of between 0 and 1. If something has no chance of ever happening, then its probability is 0. If something will always happen, no matter what, then its probability is 1.

Probability is, therefore, always a fraction. It can be expressed in multiple ways, as a decimal, as a fraction, as a percentage, and as odds.

A simple example is a coin flip. The probability of getting heads when you flip a coin is 50%. That’s common sense, but how is it determined mathematically?

You simply take the total number of possible outcomes, and divide the outcome you’re trying to determine the probability of it by that number. There are two possibilities when flipping a coin, heads or tails, but only one of them is heads. That’s 1 divided by 2, which can be expressed as ½, 50%, 0.5, or 1 to 1 odds.

Odds are expressed as the number of ways something won’t happen versus the number of ways that something will happen. For example, if you’re rolling a single six-sided die, and you want to know the odds of rolling a six, you’re looking at 5 to 1 odds. There are five ways to roll something other than a six, and only one way of rolling a six.

When you want to determine the probability of multiple things happening, you use addition or multiplication, depending on whether you want to determine whether one OR the other event will occur, or whether you want to determine whether one event AND the other event will occur.

If you’re looking at an “OR” question, you add the probabilities together. If you’re looking at an “AND” question, you multiply the probabilities by each other.

So if you want to know what the probability of rolling two dice and having one or the other come up with a six, you add the probabilities together. 1/6 + 1/6 = 2/6, which is rounded down to 1/3.

If you want to know the probability of rolling two dice and having BOTH of them come up six, you multiply the probabilities. 1/6 X 1/6 = 1/36.

How Slot Machine Odds USED to Work

Early slot machines were mechanical devices. They had three metal reels that had ten possible stops each.

To calculate the odds of a single symbol appearing on a reel, you just divide the one symbol by the total number of potential outcomes. So if you had one cherry on a reel, your odds of hitting that cherry were 1/10, or 10%.

To calculate the odds of getting three cherries, you multiple 1/10 X 1/10 X 1/10 and get 1/1000, or 0.1%.

If the odds of hitting that symbol are the same as all the others, then you have 10 possible jackpots you can win, which means that your chances of winning SOMETHING are 10/1000, which is 1%.

Most people wouldn’t play a slot machine that lost 99 times out of 100, though, so slot machine designers added additional, smaller prizes for getting two symbols out of three for certain symbols. And as long as they paid out less in prizes than the odds of hitting those jackpots, then those slots are guaranteed to make a profit in the long run.

For example, if a prize for hitting three cherries was $1000, you’d be playing a break-even game, but if the prize were $750, it’s easy to see how the casino would be guaranteed a profit. The difference between the odds of winning and the payout odds is where the casino makes its money.

How Slot Machines Work Now

Modern slot machines use a computer program called a random number generator to determine the outcomes of the various spins of the reels. This creates an imaginary reel with a number of symbols limited only by the program in question.

A mechanical slot machine with 256 symbols per reel would be huge, too large to play, much less to build. But a computer can create an imaginary reel with 256 symbols per reel and take up no more space than an iPod Shuffle.

To make things even more interesting and entertaining, slot machine designers can program different probabilities for each symbol to come up. Most symbols might come up once every 256 spins, but others might come up twice as often, while still others might only come up half as often.

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Alberta Slot Machine Odds

This enables slot machine designers and casinos to offer slot machine games with far larger jackpots than they were able to when they were limited by mechanical reels. And they’re able to offer these large jackpots and still generate a healthy profit.

How Does This Relate to Payback Percentages?

The payback percentage is the amount of money that the slot machine is designed to pay out over an enormous number of spins. This number is almost always less than 100%. The difference between 100% and the payback percentage is the house edge, and that’s where the casino makes its profits.

A simple example can help illustrate how this works. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000.

If we set the jackpot as $900, and charge $1 per bet, the payout percentage for that game will be 90%, or $900/$1000. Of course, no one would play a slots game which only paid out once in every 1000 spins, which is why there are various smaller payouts programmed in.

There’s no way to tell what the payback percentage on a particular game is unless you have access to the par sheet for that machine. Casino management has that information, but players never have access to that info.

The best slot machine odds are almost always found in real casinos. If you see slot machines in an airport or a bar, be aware that the payback percentages on those games is much lower than you’ll see in a real casino.

How to Win at Slot Machines

Everyone would like to know how to win at slots, but the truth is that winning at slot machines isn’t any harder than losing at slot machines. You put your money in the machine, spin the reels, and hope for the best. Slot machines are meant to be fun; they’re not intended to provide the player with an income.

In fact, the reality is just the opposite. Slots are there to provide the casino owners with an income. How that works is one of the subjects of this page.

On the other hand, you can minimize your losses and increase your enjoyment of slots games by understanding how they work. You can also learn which slots pay back the most money. In the long run, the house will still have an edge over you, but understanding how much you can expect to lose in a given venue can help you make better bankroll management decisions.

In fact, it might be a good idea to modify you definition of “winning at slots”. Instead of considering yourself a winner if you bring home a big profit, consider yourself a winner any time you played and had a lot of fun.

Slot Machine Odds Alberta

How Slots Work

All slot machines in modern casinos use a random number generator (an “RNG) to determine the results of each spin. An RNG is a tiny computer that does nothing but constantly generate numbers. When you push the spin button, that microcomputer selects a number which determines the outcome. In fact, this happens before the reels have even stopped spinning.

On modern slot machines, the reels are just there for show. From a practical standpoint, you could put a quarter in a machine, push a button, and have the screen flash: “You lose!” or “You win $10”. The mechanism that determined the outcome would be the same, but who would want to play a game like that, especially if you know that the house has a mathematical edge over the player.

The spinning reels, the sound effects, and the bonus games are all there to make the game more interesting to play. If you don’t like the artwork, the music, or any other aspect of a slots game, don’t bother playing it, because those are the real rewards of playing. The chance of getting lucky and winning a jackpot is a real reward, too, but don’t ignore the other aspects of the game.

The random number generator is programmed to pay back a certain percentage of the money paid into it over a period of time. This period of time is known in gambling math as “the long run”, and it’s a lot longer than most people think. We’re talking about tens of thousands of spins, not dozens or hundreds.

This percentage that’s programmed into these machines is always less than 100%. If a slots game were programmed to pay back more than 100% of the money put into it, it would lose money for the casino.

Casinos aren’t in business to lose money.

The trick is to find slot machines that have the highest payout percentages.

Which Slots Pay Back the Most Money

If every slot machine game in the world had a payback percentage posted on the machine somewhere, it would be easy to determine which slots pay back the most money. You could limit your play to machines with a payback percentage of over 95% for example.

It’s too bad casinos don’t provide that information on specific games, though.

You can find information about specific locations and their payback percentages, though. Some gambling guides and magazines publish this information. For example, The American Casino Guide provides certified information about the payout percentages in various states. Not all states reveal this information, but it’s not a huge leap of logic to expect better payback percentages in states that do reveal this information.

For example, the overall payback percentage for slots in Black Hawk, Colorado is 92.8%. In Central City, Colorado, it’s 92.93%, and in Cripple Creek, it’s 93.66%. Alabama doesn’t release the numbers on their payback percentages.

Which casinos do you think offer the better game?

Slot Machine Odds Alberta

A couple of guidelines hold true no matter where you play, though. One of those is that payouts are better in large cities with lots of gambling. For example, the payouts in Vegas are higher overall than the payouts in Colorado. And the payouts improve when you play for higher stakes. For example, penny slots in Vegas average around 88% to 91%, but dollars slots average between 93% and 96%. Finally, slot machines at airports usually offer the lowest payouts.

What does that mean for the player? It means that over the long run, if you wager $x on a particular game, you’ll win back $x times the payback percentage for that machine. If you’re playing a dollar slot machine on the Strip in Las Vegas, for example, and the payout percentage is around 93%, then if you place $10,000 in wagers, you’ll win back $9300. You lost $700.

That’s only a long term mathematical expectation, though. In the short run, anything can happen, and that’s what keeps people playing.

How to Maximize Your Winnings and Minimize Your Losses

There are three ways to maximize your winnings and minimize your losses. The first is to always join the slots club, and always use your member card while you play. Slots club members get a percentage of their play returned to them in the form of casino rewards and cash back. This is normally a tiny percentage (think 0.1% or 0.2%), but it adds up, especially if you play a lot.

Don’t buy into the myth that playing with your slots club card lowers your expected return on the game, either. That’s not true. The random number generator in these games has no way of knowing whether or not you’re using your slots club card or not.

The second way to increase your winnings and minimize your losses is to use effective bankroll management techniques. This means limiting the amount of time that you play, limiting the amount of money that you’re willing to lose in any session and in any given gambling trip, and finding other fun things to do with your time besides just playing the slots.

Finally, try to play the machines with the highest payout percentage. Over the long run, if you keep playing, you’ll probably eventually wind up a loser at the slots (unless you hit a huge progressive jackpot), but you’ll lose your money more slowly and get more entertainment value for the money you gambled.

Slot machines are among the highest tech equipment on any casino floor. No longer do they feature mechanical drums that spin into position. Now they are computers; a software program depicting digital animations. At their heart, a random number generator ensures no one – not even their creators – know if slot machine is about to win. Or do they..?

How to Improve Your Blackjack Game

Slot Machine Odds Alberta Express Entry

Slots manufacturers and casinos swear it’s impossible, but many people claim they know how to tell if a slot machine is going to hit. Some say just by watching, they can tell when it’s “due”. Others say they emit a hot or cold aura. We’ll examine these theories and more to get to the bottom of the mystery.

  • How Slots Work: Before we get into theoretical suppositions, you should know exactly what it is that makes today’s modern slots tick. Random RNG algorithms control each spin, while a predestined RTP gives the casino its edge.
  • Due for a Win: “This slot machine hasn’t paid more than $5 in two hours. It’s due for a win!” Is that really true? Learn why it isn’t, and at the same time, it is…
  • Hot & Cold Slots: If you’ve ever gone swimming in a pool, you know what it’s like to hit a cold spot, or worse, a warm spot (ew!). Some people claim slots emit the same thermal vibes.
  • Luck & Variance: Gamblers call it luck. Slots makers call it variance. It’s the same thing. Lucky/variance is the fluctuating up/downswing that occurs between meeting a game’s RTP.
  • Tips for Winning Slots: Whether you’re instincts are spot on or dead wrong, there are provably effective methods to increase your chances of winning slot machines.
DisclaimerNot all forms of gambling are legal in all provinces of Canada. The legal age to gamble also varies by province. Breaking the law is a serious matter. The information provided on this website is meant for educational purposes only, and we will not be held liable for any irresponsible / illegal activity on your part. Know the gambling laws in your province and follow them. The following pages provide more information on Canadian gambling laws:
Alberta – British Columbia – Manitoba – Newfoundland & Labrador – New Brunswick – Nova Scotia
Northwest Territory – Nunavut – Ontario – Prince Edward Island – Quebec – Saskatchewan – Yukon

How Slot Machines Work – RNG, RTP and Volatility

The first slot machines were invented over one hundred years ago, long before computers came along. They were mechanical devices featuring an array of drums. On the drums were various symbols. When a lever was pulled, the drums spun around, coming to a random stop. If the symbols matched up, you won. If not, you lost. Figuring out your odds of winning the big prize was as simple as multiplying the number of symbols on each drum together. Not anymore…

Since the dawn of computer technology, these games have been programmed to defy traditional odds. There are no drums. The number of symbols per reel is not static. Everything is controlled by a computer chip running a software program, designed to pay out a very specific percentage of its take.

The three main programmable functions of a slot machine are the random number generator (RNG), the return to player (RTP), and the volatility. Let’s take a closer look…

Random Number Generator (RNG)

Remember the movie, The Matrix, when the green numbers kept raining down the computer screen? That’s an RNG. It’s a random strain of seemingly endless numbers generated by a computer. The algorithm it generates determines an outcome. There are countless applications for an RNG in the real world, but few so famous as casinos games.

In a slot machine, the RNG determines exactly what symbols will land in each position on the reels. If you could see the RNG, you would never be able to read it. Each and every number in the sequence is changing with each passing nanosecond. It does not stop until the exact moment a player presses the SPIN button. At that very moment, the sequence of symbols is determined by the number produced. As a player, we still see the reels spinning as they come to a slow halt, but the machine already knows where they are going to land, because the RNG told it so.

The whole purpose of the RNG is to ensure no one – not the players, the casino managers, or the players – is able to predict what will happen on any given spin. It’s all about timing. Press at just the right moment, and the jackpot is awarded. For this reason, a machine could pay back-to-back jackpots just as easily as withholding the jackpot for more than a year.

Knowing that this is how a game works, it’s hard to imagine that anyone could know how to predict when a slot machine will win. And yet, so many seem capable of doing so. More on that in a moment…

Return to Player (RTP)

The RTP is the amount of money a machine pays out, compared to what it takes in. The RTP is always displayed as a percentage. For those of you familiar with how “house edge” works, the RTP is the opposite of the house edge. RTP refers to the amount players win back, whereas house edge is the amount the casino wins. Put them together, and you get a total 100%.

For example, let’s say a slot machine has a 95% RTP. This means the game will pay back 95% of its monetary intake over time. The other 5% is the amount the casino wins. Theoretically, if you were to spin the reels 100 times on this machine at $1 per spin, you would end up with $95 left. The important word here, however, is “theoretically”.

RTP is always theoretical. Yes, the machine will meet its RTP. It’s a computer. They don’t make mistakes. But the RTP will only be met over a very long period of time. We’re talking 20-25 years. So no, you’re not going to win exactly $95 back and lose $5 for every $100 you wager. If that were the case, every player would lose and no one would ever want to come back to the casino. That’s where volatility comes in…

Volatility

A game’s volatility determines how often it is likely to strike a winning combination, and the average size of each prize paid. It can be low, medium, or high. A low volatility game is one that pays out very small amounts very often. A high volatility game will pay high prizes, but not very frequently. And a medium volatility is a balanced game, where mid-sized payouts occur on a regular, but not too regular, basis.

The volatility of a machine will not alter its RTP. Over time, they all perform equally. But in the short term, their attributes can seem very different. At low volatility, a machine will arrive at its intended RTP more frequently, whereas a high volatility game will have much greater upswings and downswings.

  • Low Volatility = Lower Risk, Lower Chance of a Big Payout

  • High Volatility = Higher Risk, Higher Chance of Big Payout

How to Tell if a Slot Machine is Due to Win

If a game has not paid out a decent sized win in a relatively long period of time, it is said to be “due” to hit. When a progressive jackpot reaches record height, more people play it because they feel it’s due to strike any moment. This certainly seems like a logical mode of action. The game will pay out big at some point, and the longer it’s been since the last big payout, the closer that moment has to be. But is it really possible to predict exactly when it will happen?

As we’ve already learned, a slot machine’s RNG makes it impossible to know the exact moment a game will pay out a jackpot. But knowing when a relatively large payout is due – that’s really not so far-fetched.

We know that game’s are destined to meet their RTP. And we know that an RNG determines every outcome the moment the SPIN button is pressed. Wouldn’t it make sense that the likelihood of the RNG producing a winning combination of numbers would be amplified by an actual RTP that is far below its intended RTP?

The real problem with this theory is that you have to know what a game’s actual RTP is, compared to its intended RTP. The only way to know if a game is far enough behind to potentially impact the value of the RNG algorithm is to sit back and watch the game for a long period of time. If you have the patience for it, give it a shot.

Does this Slot Machine Have a Temperature Gauge?

Some say slot machines can be hot or cold. Some believe this is a metaphorical statement, while others swear that game’s can produce a genuine thermal output. We’ll start wit the metaphorical…

A slot machine is hot when it is producing above average wins. It could be paying more frequently than its volatility implies, or it might be paying larger prizes than average. There are slots enthusiasts out there that will only play hot slot machines, hoping to ride that wave of success all the way to shore. Then there are players who avoid these game’s for fear they’ve paid all they’re going to pay for a good long while.

The opposite is true of a “cold” slot machine. A cold machine is one that is paying well below average. As we’ve already discussed, a game that hasn’t paid out a decent prize in a long time gets labeled “due” for a win. Contrary to hot-slot-lovers, some players will lie in wait for a slot machine to become very cold, then pounce on it as soon as the previous player leaves, expecting a quick strike.

As for those who believe a machine can become physically and detectable hot or cold, I’ve never experienced this myself. Maybe it takes a special kind of person – someone with a sixth sense, or one who can sees auras. Those who attest to its accuracy say a hot machine is ready to pay, and a cold one is not. My suggestion would be to walk the aisles and, if you feel a warm spot, give it a try.

The Correlation Between Slot Variance & Luck

A slot machine’s variance is how far it strays from its RTP. It is similar to volatility, except that volatility defines how much it should stray, whereas variance defines how much its actually straying at any given time. Variance is, in reality, what the majority of gamblers refer to as “luck”.

When a player is having a good day at the casino, we say he is very lucky. One who is having a bad day is said to be unlucky. Luck is either on your side, or it’s not. As fun-loving gamblers, we attribute a lot to luck, or a lack thereof. But variance is the technically appropriate term.

It is variance that allows some casino players to win large amounts of money, without hurting the casino’s bottom line. Those who win are on the receiving end of a game’s variance (lucky). But many more players lose, or fall on the negative side of that variance (unlucky). If one player wins a $10k jackpot, imagine how many players have to lose to pay for it, and still ensure the casino gets its due.

Suffice it to say, for all those who get lucky, many more will be unlucky. It is those who genuinely believe that you make your own luck that tend to proscribe to the theory that you can tell when a slot machine is about to win. Which brings us to our final segment…

Five Ways to Better Your Chances of Winning on Slots

After all you’ve read, do you think you know how to tell if a slot machine is going to hit? Whether you answered yes or no to that question, here is some genuine strategic advice that really will give you the best odds of leaving the casino a winner.

1. Higher RTP is Better

Look for slot machines with the highest RTP. It doesn’t mean you’re going to win, but it does increase the potential for winning. Not all games will display their RTP, but most will define it near the end of the paytable’s Info section.

2. Play Online Slots

Land-based casino slots have a typical RTP range of 85%-95%. Online slot machines have much higher RTPs, often ranging from 95%-97%. Online slots are also more likely to reveal their RTPs in the Info section.

3. Utilize Free Spins

Take full advantage of free spins bonuses whenever possible. These promotions come with wagering requirements and other stipulations that must be met before you can cash out any winnings, but it’s hard to complain when those spins aren’t coming out of your pocket book.

4. Beware Branded Titles

As a society, we are drawn to things we are familiar with. If we like something, we flock to its brand mimicry. Case in point – The Ellen DeGeneres Show. It is immensely popular. If you love Ellen and her show, and you walk into a casino and see her face plastered on a slot machine of the same name, odds are you’ll want to play that game. Casinos and slot manufacturers know this, and use it to their advantage, which is why branded slots tend to have the lowest RTPs. Steer clear.

5. Ask the Locals

Local slots players who frequent a casino know exactly which games pay out best, and which ones do not. So long as you’re not infringing on their seats, they are usually happy to share that information. In fact, there are social media groups dedicated to this topic. All you have to do is ask.

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Slot Machine Odds Alberta Canada

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