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Are Slot Machine Paybacks Lower?

Some people believe that the slot machine paybacks are actually lower than they were years ago – that the numbers are just not adding up to what they seem like they used to be. When asked, many felt that indeed, they had been losing more money than they remember losing in the past, but most people chalked it up to just bad luck at the slot machines.

Some say that there are certain times of the year when you will win more than others – that if you went at the end of the year – say Halloween on, that it was harder to win until after the first of the year -that the slot machines are notoriously “tight” at that time of year. They say that it is that time of year that the casinos have to start worrying about taxes that they were going to have to pay, and so they kept more than they gave.

Experts say that overall payback percentages have gone down over the past five years, but that it does not have as much to do with the casinos changing the slot machines payback as it does with the changing of the slot machines that are actually on the casino floor.

Many more people prefer the lower denomination slot machines than they did years ago, and they are taking up more space on the casino floor than they did before. Because of that, the overall payback percentages have gone down. There is also the fact that the casinos have many more of their higher denomination players now at their lower denomination slot machines. They are switching because they like the video slot machines, but that means that it changes the paybacks as well.

 

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