Pick your payout percentage with precaution

Claim: “No casino has slot machines with payout percentages higher than 100. After all, this is not charity.”

Claimed by: The Committee of Common Sense.

The Reel Story: If you didn’t know, payout percentage indicates what proportion of the total money bet by players is being paid out as winnings. If the payout percentage is 98 percent, this does not necessarily mean that you will 98 dollars if you bet 100. The numbers are based on an indefinite amount of spins and will be correct if tested on a large enough amount of spins, a.k.a.  random number generators.

But are there any casinos with a proved and constant payout percentage over 100? The obvious answer would be no. After all, gambling is not charity. One could picture that an online casino would have one or two slot machines with a payout percentage above 100 to attract customers, but for a casino to have an overall losing slot section seems unlikely.

And while we found an unaudited casino claiming to have a much higher payout percentage than 100, other casino referral sites claims to have found an audited slot room with a payout percentage of 103.79%.

The site we found is called superiorcasino.com. On their site they list some slot machines with a crazy high payout percentage:

• Spy Game at 121.73
• Scary Rich 2 at 138.20%
• Psychedelic Sixties at 160.18%
• Rock On at 155.28%
• Scary Rich at 115.11%
• Grandma’s Attic at 137.32%
• Winter Wonders at 117.34%

Their site also lists that “all our games are paying out an average of 99.19%!” but no external auditor is listed. We have emailed to enquire and still waiting for a reply.

The site found by other casino referral sites is a more famous one: River Belle Casino. It is said to have a 103.79 % payout percentage on their slot machines and a 102.53% payout for the casino in total. It is even said to be approved by one of the trusted externally auditors; eCOGRA.

We emailed to enquire and eCOGRA writes:

”As far as percentages being in excess of 100% this will be a direct result of a jackpot being won during the month under review. All of the casinos that show our reports list the reports by month and previous reports can be accessed on each casino site”.

So now you know.

Hunter S. Thompson says: But I am in the gambling business, for good or ill; it is the business I have chosen, and the only governing rule that we all recognize is: always sit close to an exit and never trust a man who doesn’t sweat.

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