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Can High-Limit Slots Pay Back More Than 100%?

12 May 2005

Frank:

I was reading in a local newspaper the current paybacks for the casinos in AC and they list one of the casinos (I forget which one) as having a 110% payback for a $100 slot machine. Is this correct?

Thanks,
Tom

Dear Tom:

Yes, it is true and for $100 I'll tell you exactly which machine it is!

Just kidding. The fact is that the Atlantic City casinos must reveal what the slot paybacks were for each month - not their programming, their paybacks. On $100 machines, since there are so few of them, a big hit on one can make it appear as if the payback is outlandishly high. In subsequent months, when no big hits are recorded, the paybacks will be very low. The paybacks are not the programming of the machines, merely what the machines have paid out in a month in terms of percentages. When you have small denomination machines, since you have thousands of them going all the time, the monthly paybacks will tend to be very close to the programming.

All the best in and out of the casinos.

Frank Scoblete

Visit our websites:
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Recent Articles
Best of Frank Scoblete
Frank Scoblete

Frank Scoblete is the #1 best selling gaming author in America. His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!; Beat Blackjack Now: The Easiest Way to Get the Edge; Casino Craps: Shoot to Win!; Cutting Edge Craps: Advanced Strategies for Serious Players; Casino Conquest: Beat the Casinos at Their Own Games! and The Virgin Kiss.

Frank and Casino City Times columnist Jerry "Stickman" teach private lessons in dice control. Frank's books are available at Amazon.com, in bookstores or by mail order. Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565. Frank can also be reached by email at fscobe@optonline.net.

Frank Scoblete Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com

Books by Frank Scoblete:

Cutting Edge Craps: Advanced Strategies for Serious Players

> More Books By Frank Scoblete

Frank Scoblete
Frank Scoblete is the #1 best selling gaming author in America. His newest books are Slots Conquest: How to Beat the Slot Machines; Everything Casino Poker: Get the Edge at Video Poker, Texas Hold'em, Omaha Hi-Lo and Pai Gow Poker!; Beat Blackjack Now: The Easiest Way to Get the Edge; Casino Craps: Shoot to Win!; Cutting Edge Craps: Advanced Strategies for Serious Players; Casino Conquest: Beat the Casinos at Their Own Games! and The Virgin Kiss.

Frank and Casino City Times columnist Jerry "Stickman" teach private lessons in dice control. Frank's books are available at Amazon.com, in bookstores or by mail order. Call 1-800-944-0406 or write to Frank Scoblete Enterprises, PO Box 446, Malverne, NY 11565. Frank can also be reached by email at fscobe@optonline.net.

Frank Scoblete Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com

Books by Frank Scoblete:

Craps Underground: The Inside Story of How Dice Controllers are Winning Millions from the Casinos!

> More Books By Frank Scoblete