Thats quite a significant difference! Payout ratio is scientific metric, also common language in the investment and financial world. For example in a Las Vegas casino, the average pay out percentage range is 86-93% whereas an online casino offers an average pay out percentage range of 95-98%. This means that putting $100 into a slot machine with a 90% pay out percentage doesn’t guarantee a $90 return! These percentages can vary quite significantly between a brick and mortar Las Vegas casino and an online casino. However, it is important to remember that the machines are still random and the pay out percentage covers the lifespan of the machine.
Slot machines are programmed to pay out winnings as a percentage of all the wagers that are paid into the machine by players. The pay out percentage is essentially an estimate of what a player can expect from a slot machine in terms of pay out. To understand the differences between pay out rates of a brick and mortar casino and online casinos, one must first understand exactly what a pay out percentage is.
