{"id":179643,"date":"2022-01-24T14:42:00","date_gmt":"2022-01-24T19:42:00","guid":{"rendered":"https:\/\/armchairarcade.com\/perspectives\/?p=179643"},"modified":"2023-12-14T14:22:24","modified_gmt":"2023-12-14T19:22:24","slug":"casinos-use-math","status":"publish","type":"post","link":"https:\/\/armchairarcade.com\/perspectives\/2022\/01\/24\/casinos-use-math\/","title":{"rendered":"How Casinos Use Math to Make Money When You Play the Slots"},"content":{"rendered":"\n

Slots are one of the modern casino’s biggest revenue generators. Slot machines date back to their invention late in the 19th century when Charles Fey<\/a> developed a machine in San Francisco. This first slot machine had the look and basic features of a modern slot machine. It comprised a line of three reels that spun individually; the machine featured a single pay line and an automatic pay-out system. The Liberty Bell, as the machine was known, marked the start of what would become a key feature of casinos to come. The pay-out structure of these machines has evolved into the modern casino slot game that we all love, like at mobilepay casino<\/a>.<\/p>\n\n\n\n

The House Wins a Percentage<\/strong><\/h2>\n\n\n\n

Even with the advent of online casinos, Slot machines, even in virtual form remain a keystone of the modern casino’s revenue generation. The house always wins applies to slot machines but it’s not as simple as that – people would not visit casinos if that were true and so it comes down to the percentage overtime of the initial stake that is returned to the customer. The house does need to win to keep afloat but within that overall house win; there is plenty of opportunity for winning big. This means the casino needs an advantage and that advantage is expressed as a return to player, or RTP percentage.<\/p>\n\n\n\n

The RTP percentage of a casino can vary depending upon various factors including location and local laws on gambling, but these percentages are often high, over 90%. For example, if the RTP of a game is 97%, then for every \u00a310 you wager, you should receive \u00a39.70 in pay-outs. This pay-out percentage is not applied to the individual playing, but to the game itself. The percentages are calculated over long periods, so if you were to start playing a slot game, it would be many spins later that you would be able to calculate the pay-out average. If this period falls over many players, it’s likely that some will have lost money and others will be upon their initial stake.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

Making Use of Algorithm Technology<\/strong><\/h2>\n\n\n\n

Casinos and game manufacturers have developed slot machine algorithms<\/a> to control these RTP percentages and ensure that the casino makes money from the slot machine games, while the spin outcomes themselves remain completely to chance. These mathematical algorithms look at \u201cthe drop\u201d and \u201cthe handle\u201d. The drop is the amount deposited by the player, and the handle is the total amount bet by a player. The handle can in fact be larger than the drop because players will often win, then sometimes continue to play with their winnings, increasing their handle. After a play period has finished and the machine has paid out its jackpots and wins, the money left is the casino’s win or revenue.<\/p>\n\n\n\n

Using these algorithms to statistically calculate pay-outs allows the game to remain random, each time you spin the result is totally random, but the algorithm selects from a payable that details how much and how often the slot machine pays out.<\/p>\n\n\n\n

The Player Wins the Jackpot<\/strong><\/h2>\n\n\n\n

Given this pure chance a player is not able to get an edge over the casino, the statistical advantage is theirs. But the players can and do win – and win really big in some cases by playing slot games<\/a>. The slots have to deliver the RTP percentages and someone has to win for it to do so. This is the appeal of slot games to the game player. After all, it’s the chance that keeps us playing and enjoying the thrills and spills of modern casino gaming.<\/p>\n","protected":false},"excerpt":{"rendered":"

The slots have to deliver the RTP percentages and someone has to win for it to do so.<\/p>\n","protected":false},"author":23578,"featured_media":179645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"How Casinos Use Math to Make Money When You Play the 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Read this article to learn more.","rel":"","context":"In "Editorial"","block_context":{"text":"Editorial","link":"https:\/\/armchairarcade.com\/perspectives\/category\/editorial\/"},"img":{"alt_text":"Slot Machines - How Did They Develop Over Time?","src":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2019\/11\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2019\/11\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2019\/11\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2019\/11\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2019\/11\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11277,"url":"https:\/\/armchairarcade.com\/perspectives\/2020\/04\/28\/the-history-of-slots-from-land-based-machines-to-online-casinos\/","url_meta":{"origin":179643,"position":1},"title":"The history of slots: From land-based machines to online casinos","author":"Jane Smith","date":"April 28, 2020","format":false,"excerpt":"Over the years slots have gone through quite the transition and can now be played from anywhere on multiple devices. It wasn\u2019t always like this though. Before online slots, this popular past-time was solely land-based. In this article, we\u2019ll talk about the origin of online slots. Furthermore, we\u2019ll discuss how\u2026","rel":"","context":"In "Editorial"","block_context":{"text":"Editorial","link":"https:\/\/armchairarcade.com\/perspectives\/category\/editorial\/"},"img":{"alt_text":"The history of slots: from land-based machines to online casinos","src":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/04\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/04\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/04\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/04\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/04\/slot-machines-3021120.jpg?fit=1200%2C795&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8113,"url":"https:\/\/armchairarcade.com\/perspectives\/2018\/08\/10\/the-latest-strategies-for-boosting-your-slot-winnings-this-year\/","url_meta":{"origin":179643,"position":2},"title":"The latest strategies for boosting your slot winnings this year","author":"Andrei Kuznetsov","date":"August 10, 2018","format":false,"excerpt":"In this latest entry in our ongoing series on gambling technology, we take a look at winning slot strategies. Wondering whether it\u2019s possible to increase the chances of beating the slots every time you visit a casino website such as http:\/\/freshcasinobonus.com\/? Well, it\u2019s a big yes only if you have\u2026","rel":"","context":"In "Editorial"","block_context":{"text":"Editorial","link":"https:\/\/armchairarcade.com\/perspectives\/category\/editorial\/"},"img":{"alt_text":"The latest strategies for boosting your slot winnings this year","src":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2018\/08\/pexels-photo-699779.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2018\/08\/pexels-photo-699779.jpeg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2018\/08\/pexels-photo-699779.jpeg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2018\/08\/pexels-photo-699779.jpeg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2018\/08\/pexels-photo-699779.jpeg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11689,"url":"https:\/\/armchairarcade.com\/perspectives\/2020\/07\/16\/can-slot-machines-be-considered-actual-games\/","url_meta":{"origin":179643,"position":3},"title":"Can Slot Machines Be Considered Actual Games?","author":"Abigail Massimo","date":"July 16, 2020","format":false,"excerpt":"Slots machines are one of the most popular casino games today. At the core, these are electronic gambling machines (EGMs) that offer a variety of games. It is economical to run, making it possible for casinos to offer low-stakes betting to players. Slots have become one of the most profitable\u2026","rel":"","context":"In "Editorial"","block_context":{"text":"Editorial","link":"https:\/\/armchairarcade.com\/perspectives\/category\/editorial\/"},"img":{"alt_text":"Can Slot Machines Be Considered Actual Games?","src":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/07\/SlotMachines.jpg?fit=770%2C491&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/07\/SlotMachines.jpg?fit=770%2C491&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/07\/SlotMachines.jpg?fit=770%2C491&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2020\/07\/SlotMachines.jpg?fit=770%2C491&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4991,"url":"https:\/\/armchairarcade.com\/perspectives\/2017\/05\/24\/betting-video-slots\/","url_meta":{"origin":179643,"position":4},"title":"How to: Betting on Video Slots","author":"Jane Smith","date":"May 24, 2017","format":false,"excerpt":"As part of our continuing coverage\u00a0of gambling technology, we take a look at the past and present of playing slots. Over recent years, slot machines have evolved to come in different shapes, sizes, and varieties. In the market today, you will find classical reel machines and the more recent themed\u2026","rel":"","context":"In "Editorial"","block_context":{"text":"Editorial","link":"https:\/\/armchairarcade.com\/perspectives\/category\/editorial\/"},"img":{"alt_text":"How to: Betting on Video Slots","src":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2017\/05\/picture-e1495634319554.jpg?fit=1024%2C560&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2017\/05\/picture-e1495634319554.jpg?fit=1024%2C560&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2017\/05\/picture-e1495634319554.jpg?fit=1024%2C560&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/armchairarcade.com\/perspectives\/wp-content\/uploads\/2017\/05\/picture-e1495634319554.jpg?fit=1024%2C560&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9446,"url":"https:\/\/armchairarcade.com\/perspectives\/2019\/04\/30\/artistic-slots-latest-trends-in-slot-machines\/","url_meta":{"origin":179643,"position":5},"title":"Artistic slots, latest trends in slot machines","author":"Andrei Kuznetsov","date":"April 30, 2019","format":false,"excerpt":"Slot machine trends come and go but what are the latest trends in the industry right now? 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