Goethe
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November 9th, 2015 at 6:29:49 AM permalink
I've just seen Mr Shackleford interviewed as part of the Australian Broadcasing Corp's documentary "Ka-Ching: Pokie Nation", an investigation into the spread of the "pokies" across Oz. In it he comments that he feels sorry for the slots players in Australia, as the average RTP is usually between 85%-90%.

A few weeks ago I discovered what I think is the worst RTP I've ever seen in the UK; a category "C" slot game with an RTP of "at least" 70%. I kid you not. In the UK the RTP is normally showing on the info panel of a machine or buried away in the help file somewhere, so it's clear what you're up against if you elect to play.

Has anyone seen a game with a worst RTP than this? If so, please post details (and in particular the country where you saw it).

Cheers.
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charliepatrick
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November 9th, 2015 at 6:51:29 AM permalink
You may have read https://wizardofodds.com/blog/gambling-united-kingdom/ where I helped the wizard categorise the various fruit machines in the UK. As you say they have to show the return.

The casino ones tend to be the best (94% is quite common), going down to the lower categories. I should expect 70% or 75% in pub-like machines - and beware they are not totally random but "compensated". Typically you can tell by the lower jackpot prize (currently £100) as opposed to £500 in bookies or high-street arcades; and £4000/£10000/£20000 in casinos. Of course the lottery, football pools and similar games with huge jackpots have even worse odds.
Mosca
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November 9th, 2015 at 8:40:13 AM permalink
Wow, that is awful.

Here in PA, the state average is 89.9%, which doesn't seem that bad until you start playing and $100 blows by in 10 minutes with maybe a couple cherries and a set or two of mixed bars, or maybe a dozen 4 Ks or 3 special symbols on a 5 reel penny machine. I couldn't imagine people playing at worse RTP, this seems to be about the minimum that will keep people in the chair.
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sabre
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November 9th, 2015 at 10:28:45 AM permalink
Quote: Mosca

Wow, that is awful.

Here in PA, the state average is 89.9%, which doesn't seem that bad until you start playing and $100 blows by in 10 minutes with maybe a couple cherries and a set or two of mixed bars, or maybe a dozen 4 Ks or 3 special symbols on a 5 reel penny machine. I couldn't imagine people playing at worse RTP, this seems to be about the minimum that will keep people in the chair.



That average includes video poker and virtual table games, both of which have far higher returns. I'd peg actual slot returns at below 88%.
Ahigh
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November 9th, 2015 at 10:34:05 AM permalink
According to a person that I know that is knowledgeable enough to know these things, actual paybacks for video poker at the Airport are known to go below state minimums of 75% as a result of enough players choosing bad enough cards that result in a below-state-minimum payback.

This can never happen with our NanoTech Gaming games or any games that don't give players any choices except how much to bet, but this despicable result can happen with video poker (a return that is so anemic due to choosing to hold the wrong cards that it should be against the law IMO) as well as in craps (when playing the pass line after the four or ten is set as the point).

What I find despicable about this is that a very large portion of the states gaming revenue is made as a result of mistakes made that there is no benefit given to those who don't make those mistakes.

IMO, the hold percentage should not be greater as a result of the lack of aggregate skill of all players. But that's just my own personal opinion. When it goes below state minimum paybacks, that is when I am left scratching my head whether or not the state is paying attention to what is happening when it comes to their job of protecting players from settings that are what I would consider to be predatory in nature.
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Wizardofnothing
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November 9th, 2015 at 11:15:52 AM permalink
Right but I think there is a state minimum in pa I don't remember what it is, but most of the video poker has terrible pay tables, I actually think some of the high limit slots have better return them the vp- there are a few casinos with exceptions
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MathExtremist
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November 9th, 2015 at 11:30:26 AM permalink
Quote: Ahigh

this despicable result can happen with video poker (a return that is so anemic due to choosing to hold the wrong cards that it should be against the law IMO) as well as in craps (when playing the pass line after the four or ten is set as the point).

Strategic mistakes are one thing. After all, it's possible to play blackjack with an 8% RTP (92% edge) if you always hit until you bust. The law doesn't protect gamblers from being really, really bad at blackjack.

However, allowing the player to bet even-money on a 2-1 underdog (betting a point of 4 or 10 on the passline after the comeout roll) has a 33.3% house edge and that would appear to be in violation of gaming regs. On the other hand, anytime I've ever seen someone start to do this, the dealer pushes the bet back so it straddles the outside line of the wagering area and that indicates a place-the-point wager.

Have you actually observed a dealer accepting a late line bet on a 4 and book it as an even-money pass bet?
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GWAE
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November 9th, 2015 at 11:57:55 AM permalink
Quote: Wizardofnothing

Right but I think there is a state minimum in pa I don't remember what it is, but most of the video poker has terrible pay tables, I actually think some of the high limit slots have better return them the vp- there are a few casinos with exceptions



I am pretty sure it is 85%
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teddys
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November 9th, 2015 at 1:34:31 PM permalink
Quote: MathExtremist



Have you actually observed a dealer accepting a late line bet on a 4 and book it as an even-money pass bet?

I see it all the time.
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Dieter
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November 9th, 2015 at 3:20:33 PM permalink
Quote: Goethe

Has anyone seen a game with a worst RTP than this? If so, please post details (and in particular the country where you saw it).



Not entirely sure, but I have a sneaking suspicion that the Cherry Master type "video games" often found in bars and truck stops have a lower RTP - in the 65-80% range, if that high.

When I see these, they usually say "for amusement only" and are handpay cashout only. You need to physically call an attendant (there is no attendant call light) over, who will get a key to open the machine and reset the credit meter and usually pull cash out of somewhere (hidden envelope) to satisfy your payout.

I imagine that the effective hold is quite high, since many players are likely to simply spin off the credits, rather than requesting a payout, unless they hit a sizable win.
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tringlomane
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November 9th, 2015 at 3:31:03 PM permalink
Quote: Ahigh

According to a person that I know that is knowledgeable enough to know these things, actual paybacks for video poker at the Airport are known to go below state minimums of 75% as a result of enough players choosing bad enough cards that result in a below-state-minimum payback.



Via a annual basis of payback per machine, I would bet a lot that he's wrong. Worst I've seen at mccarran is 94.18% with optimal play. You have to play quite badly to be sub 75% long term.
AxelWolf
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November 9th, 2015 at 3:56:56 PM permalink
Quote: Ahigh

According to a person that I know that is knowledgeable enough to know these things, actual paybacks for video poker at the Airport are known to go below state minimums of 75% as a result of enough players choosing bad enough cards that result in a below-state-minimum payback.

This can never happen with our NanoTech Gaming games or any games that don't give players any choices except how much to bet, but this despicable result can happen with video poker (a return that is so anemic due to choosing to hold the wrong cards that it should be against the law IMO) as well as in craps (when playing the pass line after the four or ten is set as the point).

What I find despicable about this is that a very large portion of the states gaming revenue is made as a result of mistakes made that there is no benefit given to those who don't make those mistakes.

IMO, the hold percentage should not be greater as a result of the lack of aggregate skill of all players. But that's just my own personal opinion. When it goes below state minimum paybacks, that is when I am left scratching my head whether or not the state is paying attention to what is happening when it comes to their job of protecting players from settings that are what I would consider to be predatory in nature.

I will have to look closer next time but I didn't see 6/5 type pay-tables at the airport. I think under 75% would be abnormal. CET actually has some of the worst pay-tables at the bars 6/5 Job on $5 denominations at the bar that's shameful.

lucky for me people can play horrible on VP or everything would be set to 6/5.

I always wonder how well a casino would do if they aggressively advertised certified higher paybacks on slots and VP of no less than 95% up to FP and good BJ rules.

At one time Fiesta had lots of good FP VP and ran promotions I'm not sure how well they did during that time but it was very popular among locals.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AxelWolf
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November 9th, 2015 at 4:01:12 PM permalink
Quote: tringlomane

Via a annual basis of payback per machine, I would bet a lot that he's wrong. Worst I've seen at mccarran is 94.18% with optimal play. You have to play quite badly to be sub 75% long term.

+1. me to. We just need someone with a key and then check 10 random VP machines, I would give odds none would be under 75% probably wouldn't find one under 85%
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
GWAE
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November 9th, 2015 at 5:04:30 PM permalink
Quote: AxelWolf

I will have to look closer next time but I didn't see 6/5 type pay-tables at the airport. I think under 75% would be abnormal. CET actually has some of the worst pay-tables at the bars 6/5 Job on $5 denominations at the bar that's shameful.

lucky for me people can play horrible on VP or everything would be set to 6/5.

I always wonder how well a casino would do if they aggressively advertised certified higher paybacks on slots and VP of no less than 95% up to FP and good BJ rules.

At one time Fiesta had lots of good FP VP and ran promotions I'm not sure how well they did during that time but it was very popular among locals.



A casino that I know has been advertising 98%. They even advertise it in the casino and strategically place the signs above machines that are no where close to 98%.
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beachbumbabs
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November 9th, 2015 at 6:10:12 PM permalink
Quote: Ahigh


....
IMO, the hold percentage should not be greater as a result of the lack of aggregate skill of all players. But that's just my own personal opinion. When it goes below state minimum paybacks, that is when I am left scratching my head whether or not the state is paying attention to what is happening when it comes to their job of protecting players from settings that are what I would consider to be predatory in nature.



This is a nice sentiment, but the hold percentage is completely dependent on the skill of the players on any game with a decision point, including BJ, virtually all carnival table games, all VP. I think it goes to the heart of the WoO purpose, in trying to educate gamblers on optimal strategy and true odds. I have to disagree that it should be illegal for casinos to offer such games but I do think casinos should be required to provide House Way strategy cards, HE stats, and disclose their true take (not just theoretical) on machines and games, not just by area, or even by casino, but by individual slot/VP game/table game by type in their building. Beyond that, caveat emptor.
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Kentry
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November 9th, 2015 at 6:32:28 PM permalink
I agree with you that the Lottery has bad odds. I bought 30 $2 scratch off tickets, and got only half my money back. Stinky odds.
sabre
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November 9th, 2015 at 7:03:53 PM permalink
Quote: Ahigh

According to a person that I know that is knowledgeable enough to know these things, actual paybacks for video poker at the Airport are known to go below state minimums of 75% as a result of enough players choosing bad enough cards that result in a below-state-minimum payback.



This is an absurd statement.
AxelWolf
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November 10th, 2015 at 5:21:42 PM permalink
Quote: GWAE

A casino that I know has been advertising 98%. They even advertise it in the casino and strategically place the signs above machines that are no where close to 98%.

I know a few places like that. One place still says 99% paybacks. It's not even close. However At one time(years ago) they did have 99.5% with a good card and bonuses.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
thegamblingmath
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June 18th, 2017 at 3:34:35 AM permalink
Yes a lot in Online Asian casinos because there is no regulatory commission here unlike in UK (Gambling Commission).
FleaStiff
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June 18th, 2017 at 4:23:16 AM permalink
Quote: Goethe

I've just seen Mr Shackleford interviewed as part of the Australian Broadcasing Corp's documentary "Ka-Ching: Pokie Nation", an investigation into the spread of the "pokies" across Oz. In it he comments that he feels sorry for the slots players in Australia, as the average RTP is usually between 85%-90%.

I've not seen the article/broadcast but in Australia words such as casino, hotel, Shelia, etc. have different meanings than in the USA.

Many of the slot machines are located in service clubs which can often be major economic enterprises in a town sporting bars, restaurants, gyms, function rooms, etc. as well as a variety of slot machines.
Nathan
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June 18th, 2017 at 7:05:53 AM permalink
In my convenience store, they have a slot machine game that gives NO cash. I see people willingly playing this slot and it says,"For entertainment only." Really? You put your REAL money to play to win FAKE money! Why not just go to an actual land based casino and play for a chance to win REAL money? Or at least download FREE slot apps? Would both be miles better than putting REAL money to win FAKE money you cannot even use in the real world!
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Boz
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June 18th, 2017 at 8:22:13 AM permalink
Here we go again!
odiousgambit
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June 18th, 2017 at 10:47:23 AM permalink
Quote: Nathan

In my convenience store, they have a slot machine game that gives NO cash. I see people willingly playing this slot and it says,"For entertainment only." Really?



Nathan, this is usually an illegal game, at least in my experience I can say I knew of places that had that sign up yet in fact the machine would pay off on the QT [possibly not to someone unknown to the joint]. It would explain what you saw.
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ThatDonGuy
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June 18th, 2017 at 2:59:21 PM permalink
Quote: Nathan

In my convenience store, they have a slot machine game that gives NO cash. I see people willingly playing this slot and it says,"For entertainment only." Really? You put your REAL money to play to win FAKE money! Why not just go to an actual land based casino and play for a chance to win REAL money? Or at least download FREE slot apps? Would both be miles better than putting REAL money to win FAKE money you cannot even use in the real world!


I can think of two possible explanations.

One - it's not unheard of. Back in the early 1980s, I saw a video game in a hotel lobby called "Hit Me"; for 25c, all it did was play four hands of video blackjack "for points." There was another game in the early 1990s called just "Games" (or maybe "Games US") that gave you a choice of games, including trivia, "reflex tester" (the machine has five buttons; one would light up, and it determined how long it took you to press it), and casino games like slot machines and VP. The object was to get to the top of the "leader board."

Two - the machine works like "bingo pinball"; if you know who to ask, you can have somebody buy back the credits for cash.
p13man
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July 15th, 2019 at 4:18:55 PM permalink
The terrible RTP is by design. The UK is (surprisingly) strong on legislation. An RTP of 70% means that the game is horrible to play. You literally feel like you are pouring money down the drain. As a consequence, practically no one plays them. So no one gets addicted. Which of course is the goal of the legislation. And more recently the UK again legislated in favour of social responsibility and cut the max bet on bookmaker gaming terminals (similar to casino slots) from 100 GBP to 2 GBP. The minister responsible referred to the terminals as a 'social blight'.
ChumpChange
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July 15th, 2019 at 10:54:27 PM permalink
I remember a few slot machines (at an Indian casino 25 years ago) where they seemed to pay out 66% when I played. I thought the minimum was supposed to be 86%, but maybe that's only after you hit a few big ones. Old slots had to be opened occasionally and the slot tech would write down numbers of coin-in & coin-out & free plays, etc. They would usually average to around 86%. The number one complaint I hear from slot players is that "the machines were so loose when they put them in here, a month later they tightened them down so hard nobody can win."
garyt1957
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November 4th, 2019 at 7:30:48 AM permalink
At MGM Detroit one time a tech had the newer version of The Walking Dead open and I could see the RTP was 79%. I was shocked they could go that low.
AxelWolf
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November 4th, 2019 at 10:03:34 AM permalink
Quote: garyt1957

At MGM Detroit one time a tech had the newer version of The Walking Dead open and I could see the RTP was 79%. I was shocked they could go that low.

Was that number was the machine was currently holding or was it set to that? Newer version suggests it wasn't on the floor long . IIRC there's some bigger hits and even state wide progressives so it's off about 6% perhaps not enough spins to average out.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Ayecarumba
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November 4th, 2019 at 10:26:59 AM permalink
Quote: AxelWolf

Was that number was the machine was currently holding or was it set to that? Newer version suggests it wasn't on the floor long . IIRC there's some bigger hits and even state wide progressives so it's off about 6% perhaps not enough spins to average out.

Are you saying it's "due"?
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cezar
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November 4th, 2019 at 12:22:09 PM permalink
Never seen worst RTP
garyt1957
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November 4th, 2019 at 1:00:23 PM permalink
Quote: AxelWolf

Was that number was the machine was currently holding or was it set to that? Newer version suggests it wasn't on the floor long . IIRC there's some bigger hits and even state wide progressives so it's off about 6% perhaps not enough spins to average out.



Not sure. She had it open and the screen up where I could see RTP- 79%, that's all I know. This one is not tied to any state wide progressives.
Wizard
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November 4th, 2019 at 1:09:43 PM permalink
At Hooters they used to have sign-up promotion for new players, offering $500 in free slot play, or something like that. Maybe it's still running. I did it and the slot play is on a small bank of promotional machines. I estimate these machines have an RTP of about 5%. Same thing with a promotion the old Vegas World ran for years. Personally, I think gaming shouldn't allow such deception, but I'm not in charge.
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MaxPen
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November 4th, 2019 at 1:59:25 PM permalink
Quote: Wizard

At Hooters they used to have sign-up promotion for new players, offering $500 in free slot play, or something like that. Maybe it's still running. I did it and the slot play is on a small bank of promotional machines. I estimate these machines have an RTP of about 5%. Same thing with a promotion the old Vegas World ran for years. Personally, I think gaming shouldn't allow such deception, but I'm not in charge.



I would think that is one of the dumbest promos of all time. Player signs up for card. Heads to your promo machines. Starts with $500 and ends with $25. REKT. Potential player is like "This place sucks, I'm outta here". What is marketing thinking? Might as well have a free ass kicking machine at the players booth for every new sign up.
garyt1957
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November 4th, 2019 at 2:51:01 PM permalink
Quote: Wizard

At Hooters they used to have sign-up promotion for new players, offering $500 in free slot play, or something like that. Maybe it's still running. I did it and the slot play is on a small bank of promotional machines. I estimate these machines have an RTP of about 5%. Same thing with a promotion the old Vegas World ran for years. Personally, I think gaming shouldn't allow such deception, but I'm not in charge.



I feel the RTP should be posted on every machine. Let the player make an informed decision. But I'm sure the casinos pay off who they need to to keep the status quo.
DRich
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November 4th, 2019 at 2:53:02 PM permalink
Quote: garyt1957

I feel the RTP should be posted on every machine. Let the player make an informed decision. But I'm sure the casinos pay off who they need to to keep the status quo.



I believe either Illinois or Iowa require this on some if not all machines.
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Ayecarumba
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November 4th, 2019 at 3:12:32 PM permalink
- What was the RTP on the "Lion's Share" machine at MGM that didn't produce a jackpot for decades?

- I recall Binion's recently got busted because their "free play" machine never awarded the top prize; which given the number of spins processed was next to impossible. The fact that someone could even set a slot machine in Nevada to never hit the jackpot is troubling. Doesn't the NGC lab have to test and clear a sample of every chip that goes into every slot machine?
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DRich
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November 4th, 2019 at 3:21:55 PM permalink
Quote: Ayecarumba

The fact that someone could even set a slot machine in Nevada to never hit the jackpot is troubling. Doesn't the NGC lab have to test and clear a sample of every chip that goes into every slot machine?




Yes, the NGCB does test all new chips before they can be installed. Just because a machine hasn't hit a jackpot doesn't mean it is gaffed. Sometimes crazy odds and standard deviations do happen.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MaxPen
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Ayecarumba
November 4th, 2019 at 3:38:29 PM permalink
Quote: Ayecarumba

- What was the RTP on the "Lion's Share" machine at MGM that didn't produce a jackpot for decades?

- I recall Binion's recently got busted because their "free play" machine never awarded the top prize; which given the number of spins processed was next to impossible. The fact that someone could even set a slot machine in Nevada to never hit the jackpot is troubling. Doesn't the NGC lab have to test and clear a sample of every chip that goes into every slot machine?



The Bunions thing was a players club kiosk game. Not a slot machine.
Last edited by: MaxPen on Nov 4, 2019
Wizard
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November 4th, 2019 at 3:58:46 PM permalink
Quote: garyt1957

I feel the RTP should be posted on every machine. Let the player make an informed decision. But I'm sure the casinos pay off who they need to to keep the status quo.



I agree that on every game, including slots, either the RTP should be posted or the full rules made available to the player can analyze it himself.

I don't think the casinos need to pay anybody off to prevent this. Nothing major changes in gaming law without the casinos blessing. Why do you think the short-lived smoking ban in bars had an exception for large casinos?
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smoothgrh
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November 4th, 2019 at 4:17:23 PM permalink
I once saw a vintage (1970s) slot machine from a Scandinavian country for sale on eBay that had a tiny depiction of the reel symbols next to each reel!

How's THAT for gambling transparency?!

Though I can't imagine more than a handful of people in the 1970s able to compute the odds of the machine!
ThatDonGuy
ThatDonGuy
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November 4th, 2019 at 4:32:10 PM permalink
Quote: garyt1957

At MGM Detroit one time a tech had the newer version of The Walking Dead open and I could see the RTP was 79%. I was shocked they could go that low.


Doesn't Nevada law allow RTP on its slots to be as low as 75%?
AxelWolf
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Ayecarumba
November 4th, 2019 at 9:26:15 PM permalink
Quote: Ayecarumba

Are you saying it's "due"?

Obviously, that depends on who's playing it.

(-;
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
DRich
DRich
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November 5th, 2019 at 7:25:10 AM permalink
Quote: ThatDonGuy

Doesn't Nevada law allow RTP on its slots to be as low as 75%?



Yes
At my age, a "Life In Prison" sentence is not much of a deterrent.
CrystalMath
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November 5th, 2019 at 9:14:38 AM permalink
Quote: ThatDonGuy

Doesn't Nevada law allow RTP on its slots to be as low as 75%?



Yes. In my experience, manufacturers tend to set the minimum above 80% so they can get the same software approved in many jurisdictions. Still, 80% is horrid.
I heart Crystal Math.
AxelWolf
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November 5th, 2019 at 10:33:04 AM permalink
Quote: CrystalMath

Yes. In my experience, manufacturers tend to set the minimum above 80% so they can get the same software approved in many jurisdictions. Still, 80% is horrid.

I used to assume they were holding 10%, nowadays I assume 15%.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
FleaStiff
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November 6th, 2019 at 12:13:13 AM permalink
Some of the situations are gaffed more than the machines. "Promotional" machines either hit big or not at all. Some jerk sees a newspaper ad and comes in to play the promotional machine. He gets what he deserves.
Other times the machine is not located "on the casino floor" but in some entranceway or alcove and different rules apply.

Most machines meet Nevada standards, but state law is rather low. Competition is what drives the rates up. Eons ago the used slot machine brokers would list the chip set installed plus all 'spare' chip sets, but I've not seen such informative ads for a long time.
tringlomane
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November 7th, 2019 at 12:00:28 AM permalink
Quote: ThatDonGuy

Doesn't Nevada law allow RTP on its slots to be as low as 75%?



Yes, but Michigan is 80-100% for theoretical RTP.

But actual RTP could be 79%.

Quote: DRich

I believe either Illinois or Iowa require this on some if not all machines.



No, Illinois bars/truck stops require the odds of a spin that returns any money, which is an utterly worthless statistic.

Illinois and Iowa are also 80-100% theoretical RTP states.
DRich
DRich
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November 7th, 2019 at 6:45:34 AM permalink
Quote: tringlomane



No, Illinois bars/truck stops require the odds of a spin that returns any money, which is an utterly worthless statistic.



How is that a worthless stat? If you know the odds of winning you can calculate the odds of losing and the RTP.
At my age, a "Life In Prison" sentence is not much of a deterrent.
unJon
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tringlomane
November 7th, 2019 at 7:05:07 AM permalink
Quote: DRich

How is that a worthless stat? If you know the odds of winning you can calculate the odds of losing and the RTP.

Because it is missing the amount you win. It’s just the probability that some amount is won.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
charliepatrick
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November 7th, 2019 at 8:32:54 AM permalink
Having the probabilities only works if you know all the prizes. Suppose there’s a simple fruit machine with one reel 0123456789. Each number equally likely.

Simple machine
9 pays $5
8 pays $3
7 pays $1
Others lose
RTP=90%

Feature machine
9 pays $3
8 pays $2
7 pays $1
0 pays a feature
RTP=60%+feature

If the feature pays more than 3 then better to play the feature machine.
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