Slots payout percentage explained
Some casinos will tell you a slots game has a payout percentage of 95% or something they will say last month the payout percentage was 107%. What does this mean exactly?
Payout percentages are a reference of the money bet on the slot game versus the money paid out. So for example a 50% slots payout percentage would mean that for every $100 wagered on this game, the average payout was exactly $50. If the payout percentage is 107 then you guessed it, it would be $107 payout meaning that this game is giving out more money than it is taking in with 100% being a complete break even game.
Is it possible for a slot to be over 100% payout?
This is usually not a common thing to happen as online slots payout percentages are typically 95% average with land based casinos being 80%. However in a month when a player hits a progressive jackpot, this payout percentage can soar well over 110%.
How do I find out what the payout percentage is?
This information can be difficult to find but not impossible. If you are a depositing player at any online casino, ask your VIP manager. Your question should be, which slots are hot this month that are paying out higher than average. A good manager will get back to you with a list of 3 to 5 slots that are on fire with players winning more than what they put in.