great121212
great121212
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December 2nd, 2011 at 11:10:39 AM permalink
While in Biloxi my wife won $500 in free play. We cashed out around $300. This is the type of free play where you put money in to activate it oppossed to downloading it. Question does the machine(machines) know it's freeplay and if so what is the expected return.
rdw4potus
rdw4potus
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December 2nd, 2011 at 2:00:07 PM permalink
Yes, the machine "knows" it's free play. In the situation you're describing, the machine plays with your money, and then rebates back the cost of your spin. The machine needs to know it's freeplay, so that it can rebate back the cost of each spin. The fact that it was freeplay does not affect the payback on the machine.

If the machine had a theoretical payback of 90%, and you played through the $500 exactly (ex. 250 spins at $2.00/spin) you "should" have walked away with $450. But that theoretical average includes possible huge wins that you weren't lucky enough to receive, so your actual payout was less.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
CrystalMath
CrystalMath
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December 2nd, 2011 at 2:37:32 PM permalink
Quote: rdw4potus

Yes, the machine "knows" it's free play. In the situation you're describing, the machine plays with your money, and then rebates back the cost of your spin. The machine needs to know it's freeplay, so that it can rebate back the cost of each spin. The fact that it was freeplay does not affect the payback on the machine.

If the machine had a theoretical payback of 90%, and you played through the $500 exactly (ex. 250 spins at $2.00/spin) you "should" have walked away with $450. But that theoretical average includes possible huge wins that you weren't lucky enough to receive, so your actual payout was less.



This is almost right. Actually, the machine knows nothing. The card reader is attached to a player tracking system which instructs the backend accounting system to issue an electronic transfer to the machine.
I heart Crystal Math.
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