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It is up to the slot manager to select which EPROM chip to order according to the return percentage desired.
Each of the different par sheets has five sets of distinct reels. On video display slots the stops are not weighted; in other words all stops are equally likely.
The distribution of each symbol on each reel is what determines the theoretical return of the machine. For example a higher paying machine may have more of the higher paying symbols.
On the machine itself three consecutive symbols arevisible on five different reels. By comparing actualobservations of results to the par sheets it is possible todetermine which reels the machine uses, and thus which par sheet and which return.
There are various three-symbol combinations that appear in at least one but not all par sheets. So if one of these combinations occurs on an actualmachine it narrows down the possible par sheets.
By playingenough the player can narrow down the possible par sheets tojust one. To help identify the unique combinations I wrote a computer program for each game, which had the exact reel order of all 5 reels of all the par sheets.
The program then counted the number of par sheets with each possible three-symbol combination. If the number was greater than 0 and less than the maximum then that combination was identified along with the associated par sheets it belonged to.
It is then a matter of simply playing the game and comparing the outcomes to the list of partially unique combinations.
It only takes about plays per machine to narrow down the possibilities to just one par sheet. The averages in the table are actually an average of averages.
For each kind of machine at each casino I took an average return. Then I took the average of these averages over the five kinds of machines I tested for.
There is some confusion about what constitutes a "slot machine" or "slot. 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.
For example, the Slot Chart in Casino Player magazine and reports by the Nevada Gaming Control Board do not isolate just reeled slots but consider all electronic games a "slot.
As far as I know mine is the only source to isolate just the return of reeled slots. I would like to thank Rob Feldheim for helping with the slot play and record keeping.
Rob helped me with most of the casinos on the east side of town and part of downtown. I would also like to thank par Sheet Pete not his real name for providing the par sheets, without which this project would not have been possible.
As you can see above, there is quite a significant difference between the brick and mortar casinos in Las Vegas and online casinos in terms of pay out percentage.
The main reason for this is that physical casinos in Las Vegas have much higher operational costs and overhead expenses.
They operate in a physical building which requires rent and maintenance as well as employing staff and other general expenses.
Online casinos on the other hand have very low operational costs and most of the profits are re-invested into the company in the form of marketing and bonuses.
The remaining money from the pay out percentage is known as the slot hold percentage and is the equivalent of the casinos house edge or hand rake in poker and other games.
Although this may not seem like an awful lot, it can add up quite quickly. Another aspect of pay out percentages in slot machines is the type of slot that you are playing.
Each slot machine features a pay table which shows the probability of winning and the maximum winnings each machine will pay out. Brick and mortar casinos in Las Vegas generally have 3 reel classic slot machines which have a much lower pay out table and heavily favour the house.
However, online casinos favour video slot machines with higher pay lines and a much better pay out probability. Slot games which are exclusively available in online casinos such as Thunderstruck II and Jurassic Park allow players to win on lines with a host of features, wild symbols, and special mini games.
Other exclusive online slot games such as Piggy Fortunes allow players to play 25 lines at one time, providing an excellent chance of winning on each spin.
When considering all the information, there is really no comparison between brick and mortar Las Vegas casinos and online casinos.
In terms of pay out percentage, online casinos offer players a much higher chance of winning as the house takes a much smaller percentage of the money.
Although brick and mortar casinos offer a different gaming experience with flashing lights, exciting sounds, and a general buzz, it is worth remembering that you are paying for that experience by sacrificing the probability of winning.
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