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% Return vs. House Edge

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January 24th, 2012 at 5:55:21 AM permalink
pacomartin
Member since: Jan 14, 2010
Threads: 545
Posts: 6200
Quote: DJTeddyBear
Quote: Pando
Therefore, does this mean that the RNG (or probably PRNG) is able to make some kind of calculation to keep the payout of the
machine over time, within the legally required percentage. If the answer is yes, then the game is surely not random.
So what's the legally required percentage? 94.7% ?


The legally required percentage is 75% in NV, and 82.5% in NJ. All games except some in the airport lounge pay better than the legal requirement. The requirement is on theoretical payout, not on actual payout. The chipset with the lowest possible payout is always a little higher than the legal minimums to be on the safe side (i.e. the lowest chipset is usually set at 84%).
Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear
January 24th, 2012 at 6:22:57 AM permalink
DJTeddyBear
Member since: Nov 2, 2009
Threads: 105
Posts: 5714
Those percentages are the legal minimum. The house is under no legal obligation to make a profit at all.
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood?
January 27th, 2012 at 9:23:32 PM permalink
YoDiceRoll11
Member since: Jan 9, 2012
Threads: 7
Posts: 529
Here in WA state all the tribe casinos have a state required minimum of 75%. But they aren't obligated to release what they set their machines at, like other states........

I highly doubt there are any that are over 89%.
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Bovada is the only Internet casino endorsed by the Wizard.
Here are my reasons why and my promise of support.