Return on Slots
Written July 8, 2008 by Jack Jones
The average slot machine payout can range anywhere from 85% to 99% of all coins bet depending on what machine you are playing and the gambling jurisdiction you are located in. Because the casino wants to make a certain amount of money per hour with its slot machines, the general rule is the lower the denomination of the machine, the lower the payout. With a onedollar slot, the casino payback can be perhaps 98%, whereas with a machine at a lower denomination, such as dimes or nickels, the payout must be much lower to achieve the same hourly return for the casino, and the casino doesn’t want to lower that return one bit.
A payout percentage of 98% means that 98%, on average, of all money that is inserted into the machine is being paid back to the player. In other words, the casino makes a 2% profit.
On average, you ask. Well, it varies with the geography, and without knowing where you play we can’t give a precise amount. But, we do have some general averages you will typically find across the United States.
For nickel machines, paybacks are generally 91%; for quarter machines, 93%; fiftycenters, 94%; for dollar machines, 95%; and for $5 slots, payback approaches 97%.
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