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> the slots are regulated and everybody sets them at exactly the legal limit. It's unlikely there is any slot machine in Nevada "at the legal limit." Every gam
by andy800 3y ago
> the slots are regulated and everybody sets them at exactly the legal limit.
It's unlikely there is any slot machine in Nevada "at the legal limit." Every gaming device must be set to theoretically pay out a minimum of 75% of wagers -- i.e. the maximum it may keep (or "hold") is 25%. This is, of course, a theoretical number, on any given day a particular machine may hold more, or it may have negative hold -- just like if you flipped a coin enough times, occasionally you'd get long streaks of heads or of tails, even though theoretically it should be 50/50.
In reality slot machines are typically configured to hold between 6 and 15%. A slot machine holding 25% would be an awful experience and simply not get repeat play. Slot manufacturers prepare each game with a range of options that the casino can choose from, but none of them would deliberately ruin their own game by offering a 25% hold option on a slot machine.
Nevada Gaming Control Act Regulation 14: 14.040 Minimum standards for gaming devices. 1. All gaming devices must: (a) Theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
https://gaming.nv.gov/modules/showdocument.aspx?documentid=18669 https://gaming.nv.gov/modules/showdocument.aspx?documentid=1...