The following player was playing around $10 a spin, he was not hitting any Gold/WoF bonus spins but soon he was running out of money so he was now playing $1 a spin
Now he got $1500 RTP on payline 1
I have seen players playing $10 a spin and hit the gold bonus for $1800
I was wondering if the pay out RTP has been adjusted depending on the amount the player was playing.
Was the player destined to hit the Jackpot or Is the machine generally giving the RTP???
Quote: Parashara
postimg . cc / R6XM0qSZ
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https://postimg.cc/R6XM0qSZ
Link is benign, although... obnoxious adverts.
Quote: MentalI thought the common regulations for slot machines require that the RTP has to be as high or higher when you increase the bet. This is to prevent you from sucking in a player who is trying out a slot machine by giving them a great RTP at low bets and then skinning them alive when they jump to max bet. Max coin VP pay tables are always the best on the game. On the other hand, the machine cannot use the history of play to tighten or loosen the game. If they did, the casinos could skim profits from a game. The regulators are particularly careful to prevent skimming.
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You are correct.
Quote: DRichQuote: MentalI thought the common regulations for slot machines require that the RTP has to be as high or higher when you increase the bet. This is to prevent you from sucking in a player who is trying out a slot machine by giving them a great RTP at low bets and then skinning them alive when they jump to max bet. Max coin VP pay tables are always the best on the game. On the other hand, the machine cannot use the history of play to tighten or loosen the game. If they did, the casinos could skim profits from a game. The regulators are particularly careful to prevent skimming.
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You are correct.
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Correct about not changing the RTP based on the history of the game, at least in Nevada, I agree (Nevada Gaming Regulation 14.030 section 7), but I don't know about the "the RTP can't decrease if you increase the bet" part. It wouldn't make sense to - there's a reason the RTP usually goes up when you increase the bet - but I don't think there's any law or regulation against it.
Quote: ThatDonGuy
Correct about not changing the RTP based on the history of the game, at least in Nevada, I agree (Nevada Gaming Regulation 14.030 section 7), but I don't know about the "the RTP can't decrease if you increase the bet" part. It wouldn't make sense to - there's a reason the RTP usually goes up when you increase the bet - but I don't think there's any law or regulation against it.
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Indeed, RTP overall in Nevada goes up when you increase from penny to nickel, but then goes down: https://pvtimes.com/news/why-nickel-slots-might-be-a-gamblers-best-bet-108202/
Percentage of money Nevada casinos kept by denomination (2021):
$0.01: 9.85
$0.05: 5.31
$0.25: 8.04
$5: 5.48
$25: 5.71
Quote: smoothgrhQuote: ThatDonGuy
Correct about not changing the RTP based on the history of the game, at least in Nevada, I agree (Nevada Gaming Regulation 14.030 section 7), but I don't know about the "the RTP can't decrease if you increase the bet" part. It wouldn't make sense to - there's a reason the RTP usually goes up when you increase the bet - but I don't think there's any law or regulation against it.
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Indeed, RTP overall in Nevada goes up when you increase from penny to nickel, then goes down again: https://pvtimes.com/news/why-nickel-slots-might-be-a-gamblers-best-bet-108202/
Percentage of money Nevada casinos kept by denomination (2021):
$0.01: 9.85
$0.05: 5.31
$0.25: 8.04
$5: 5.48
$25: 5.71
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Megabucks machines tend to have a lower RTP than other $1 slots, although they stopped tracking Megabucks separately as of December, 2020. Here are the RTP numbers for the 12 months ending November, 2020:
1c: 90.13%
5c: 94.62%
25c: 92.57%
$1: 93.33%
Megabucks: 86.18%
$5: 94.66%
$25: 95.35%
$100: 94.29%
Source (click on the "PDF" link at the far right of the "November 2020" row)
Quote: DRichQuote: MentalI thought the common regulations for slot machines require that the RTP has to be as high or higher when you increase the bet. This is to prevent you from sucking in a player who is trying out a slot machine by giving them a great RTP at low bets and then skinning them alive when they jump to max bet. Max coin VP pay tables are always the best on the game. On the other hand, the machine cannot use the history of play to tighten or loosen the game. If they did, the casinos could skim profits from a game. The regulators are particularly careful to prevent skimming.
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You are correct.
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Would that include a game like Super 8 Race with a progressive credit win on the bonus pool?
Quote: camaplQuote: DRichQuote: MentalI thought the common regulations for slot machines require that the RTP has to be as high or higher when you increase the bet. This is to prevent you from sucking in a player who is trying out a slot machine by giving them a great RTP at low bets and then skinning them alive when they jump to max bet. Max coin VP pay tables are always the best on the game. On the other hand, the machine cannot use the history of play to tighten or loosen the game. If they did, the casinos could skim profits from a game. The regulators are particularly careful to prevent skimming.
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You are correct.
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Would that include a game like Super 8 Race with a progressive credit win on the bonus pool?
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For progressives the approved RTP is when the progressive is at the reset amount.
One more Player was playing $10 a spin which was eligible for gold bonus spin after around 30 spins he is down to $5 , Now betting $5 is not eligible for the Gold spin, Next spin The player gets - a Gold spin on payline 1 but it was not eligible , Just got a RTP of $5.......This is not one instance...
Fixing Parashara's image.
Quote: DRich
For progressives the approved RTP is when the progressive is at the reset amount.
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Sorry maybe I'm taking your comment out of context, DRich, but this doesn't sound right.
If the RTP is calculated as your return when the progressives are at reset level, that means that machines, over the long haul, would always have higher "real" RTP than the "approved RTP" - whatever that means exactly.
It would seem to me that any talk about RTP (from a casino, manufacturer, regulator) point of view should reflect the long term expected return.
This is straight from the Nevada gaming regulations. This means no slot machine is allowed to use prior winning or losing streaks to change the future odds or RTP. I would argue that this means the machine cannot use the pattern of bet sizes to change the RTP. If a game was played for many spins at a min bet, it presumably would return near the theoretical RTP. If the player played one spin at max bet, this might make a big change to the historical RTP.
Elsewhere, it says that factors that will change the RTP must be prominently displayed to the player. Progressives meters change the RTP. They must be prominently displayed. The number of combinations on a Hexbreaker is prominently displayed. However, I disagree that the Fireworks on a Red Festival Slot Machine are clearly displaying the change to RTP. (I don't even claim to understand how this game works.)
14.040 Minimum standards for gaming devices. 1. All gaming devices must: (a) Theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
Gaming applications for progressives shall include "Information sufficient to calculate a theoretical payoff schedule amount including, but not limited to, the base and reset amounts, the total contribution percentage and a breakdown of that percentage including contribution rates to all progressive payoff schedules and all reset funds, the odds of winning the progressive payoff schedule and the amount of the wager required to win the progressive payoff schedule"
Quote: Mental"Gaming devices must not alter any function of the device based on the actual hold percentage."
This is straight from the Nevada gaming regulations. This means no slot machine is allowed to use prior winning or losing streaks to change the future odds or RTP. I would argue that this means the machine cannot use the pattern of bet sizes to change the RTP. If a game was played for many spins at a min bet, it presumably would return near the theoretical RTP. If the player played one spin at max bet, this might make a big change to the historical RTP.
Elsewhere, it says that factors that will change the RTP must be prominently displayed to the player. Progressives meters change the RTP. They must be prominently displayed. The number of combinations on a Hexbreaker is prominently displayed. However, I disagree that the Fireworks on a Red Festival Slot Machine are clearly displaying the change to RTP. (I don't even claim to understand how this game works.)
14.040 Minimum standards for gaming devices. 1. All gaming devices must: (a) Theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
Gaming applications for progressives shall include "Information sufficient to calculate a theoretical payoff schedule amount including, but not limited to, the base and reset amounts, the total contribution percentage and a breakdown of that percentage including contribution rates to all progressive payoff schedules and all reset funds, the odds of winning the progressive payoff schedule and the amount of the wager required to win the progressive payoff schedule"
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i might be able to connect the dots and show you an example of a progressive that is based on hold percentage
there will be a patent involved so alot of people may interpret it differently but im talking about lightning link jackpots
Quote: ThatDonGuy
Correct about not changing the RTP based on the history of the game, at least in Nevada, I agree (Nevada Gaming Regulation 14.030 section 7), but I don't know about the "the RTP can't decrease if you increase the bet" part. It wouldn't make sense to - there's a reason the RTP usually goes up when you increase the bet - but I don't think there's any law or regulation against it.
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I cannot find the regulation, so maybe it doesn't exist.
I do know that 3-card Monte has greater than 100% RTP on the first few small bets -- the RTP drops when you put big money on the table. If it is not in the regs, it should be.