Alberta Vlt Payout Percentage
- Even playing a slot machine with a payout percentage of 100% you would not always win. Why have I seen a casino with slot payouts over 100%? Occasionally we have also seen the independent payout percentage reports released by online casinos show a monthly payout on slots of over 100%. This is always due to the casino having a very big winner on.
- 37 Full PDFs related to this paper. VLT GAMBLING IN ALBERTA: A PRELIMINARY ANALYSIS.
All slot machines are not created equal, just as Canadian casinos do not all represent the same payout percentages on their slots. However, the inner mechanisms that make a slot machine tick are comparably orchestrated, in the same way that Canada’s gambling facilities all abide by the same regulatory framework.
Confused yet? You probably answered yes, and that’s exactly what most gambling venues would prefer. The less their patrons know about what makes slot machines tick, the more likely the casino is to make more money off of their clientele.
Most slots players walk onto the gaming floor with the predisposed notion that the games are based entirely on luck, which would effectively eliminate the need to wisely choose a particular casino or slot machine to play. That’s not exactly the case. In fact, we’re going to dispel a few myths here, and reveal just what goes on within the mechanizations of slot machines.
Who Determines the Payout Percentage?
There are three parties that weigh in on the payout percentage of any Canadian casino’s slot machines.
.Keep in mind that different rules apply for RRIFs that were set up before the end of 1992. For example, if your RRIF is valued at $500,000 when you're 72, at the start of the year your minimum annual payout will be $27,000 (5.40% of the value of the plan at the beginning of the year).
First, the respective provincial government sets a minimal payout standard. In Ontario, for example, the OLG requires a minimum 85% payout on all slot machines. All manufacturers and casinos in the region must maintain a percentage at or above that level.
Next is the game’s developer, who sets the percentage requested by the casino installing the device.
Third is the casino itself. While it’s not normal practice for a casino to adjust the payout percentage of its slot machines, it can be accomplished by altering the EPROM chip. However, a casino must request and receive permission to do so from regulators, with approved adjustments performed by a licensed slots technician under the direct supervision of a regulatory agent.
Can Casinos Control a Slot’s Precise Payouts?
No. A random number generator (RNG) decides with each spin of the reels what will occur, and how much will be paid out. Casinos can only choose the long-term payout percentage, but cannot regulate when the payouts will occur. Thus there is no better time (day or night) to play slot machines, and no predicting when a progressive jackpot will strike.
The actual weekly and monthly payout percentages may be higher or lower than a machine is set to pay, but in the long-term, the exact chosen percentage will be achieved. The RNG integrates genuine unpredictability into every slot machine. For this reason, a progressive could strike only once in a 10 year span, or three times in a single week.
Do Payout Percentages Apply to Individual or Collective Slots?
Every slot machine in a casino must be individually set to comply with the region’s payout standard. You will not find one slot machine set to pay 70%, with its neighbor set at 105% to offset the difference. All slots must meet the minimum 85% or higher payout percentages.
What Slot Machines have the Highest Payouts?
Slots that require higher coin denominations generally have higher payouts, even compared to cheaper slots with a max-coin multiplier.
For example, a $0.05 slot might take up to 3 coins, paying 1,000x for a jackpot on a 1-coin bet, 2,000 for a 2-coing bet, and 4,000x for a max 3-coin bet. On this type of machine, the 3-coin, $0.15 bet has the best payout percentage. However, a $1 slot machine that requires a minimum $1 bet per coin is likely to have a higher payout percentage for a single-coin bet than wagering the max 3 coins on a nickel slot.
What about Tribal Casinos?
All casinos in Canada, whether run by their respective provincial government or by a tribal organization, must abide by the same slot machine laws of their province, and that of the national standard. There’s no reason to expect the slots at a tribal casino or Canadian-run casino to be any higher or lower than the next.
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Introduction to Washington Slot Machine Casino Gambling in 2020
Washington slot machine casino gambling consists of 31 tribal casinos with a unique type of electronic player terminal based on scratch tickets controlled by a state-wide Tribal Lottery System (TLS).
All state-tribal compacts set a minimum theoretical payout limit. However, no return statistics are publicly available.
This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.
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Relevant Legal Statutes on Gambling in Washington*
The minimum legal gambling age in Washington depends upon the gambling activity:
- Land-Based Casinos: 18/21 depending upon the casino
- Poker Rooms: 18
- Bingo: 18
- Lottery: 18
- Pari-Mutuel Wagering: 18
Washington’s player terminals at tribal casinos are based on the lottery’s scratch ticket games in electronic form. This unique form of slot machines makes Washington slot machines unique in the U.S. All other U.S.-based lottery terminals are based on draw lotteries, not from lotteries other game: scratch tickets.
Twenty-nine tribes originally negotiated tribal-state compacts to offer gambling at tribal casinos. However, the state and these tribes could not agree whether Vegas-style slot machines should be legal in Washington.
Scratch-based gaming machines resulted from early negotiations of these gaming compacts. This impasse resolution led to creating a secondary lottery system for player terminals at tribal casinos. The state lottery was a model for the TLS.
What Is Vlt Percentage
Draw-based terminals create tickets at the time of the bet using random number generators (RNGs). However, scratch-based terminals know in advance the result of each wager. Put another way, the outcome of each bet is pre-determined and do not require an RNG.
Another technical difference between lottery draw tickets and scratch tickets is how many of them can exist. For example, there are as many draw tickets as players are willing to buy. However, lotteries create only a limited number of scratch tickets but, hopefully, enough for a busy night at a Washington tribal casino.
All negotiated tribal-state compacts also have other legal restrictions for their scratch-based terminal-style slot machines. These limits have been expanding over time as part of this state’s dynamic gaming industry. The requirements are:
- Allows replaying of credits won
- No handles
- No mechanical spinning wheels
- A minimum payout return (see below)
- $5 maximum wager on 85% on VLTs
- $20 maximum wager on 15% of VLTs
- Cap of 2,500 VLT machines per tribe
*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.
Slot Machine Private Ownership in Washington
It is legal to own a slot machine privately in the state of Washington if it is 25 years old or older.
Gaming Control Board in Washington
The gaming control board is the Washington State Gambling Commission offering licensing, regulation, and enforcement of certain aspects of the gaming industry in Washington. Their regulatory responsibilities primarily include testing and approving new electronic gaming machines.
Further, each tribe with a casino in Washington has a tribal gaming agency (TGA). Agents of a TGA are the primary regulators at tribal casinos. At all times, at least one TGA agent must be on duty at a tribal casino.
Casinos in Washington
There are 31 American Indian tribal casinos and multiple cruise ships based in the state of Washington.
The largest casino in Washington is Muckleshoot Casino with 3,125 electronic gaming terminals.
The second-largest casino is Ilani Casino Resort with 2,500 electronic gaming terminals.
Commercial Casinos in Washington
The state of Washington has no commercial casinos with slot machines.
Tribal Casinos in Washington
The state of Washington has 31 tribal casinos:
- Angel of the Winds Casino Resort in Arlington, 50 miles north of Seattle
- BJ’s Bingo & Gaming in Fife near Tacoma
- Chewelah Casino in Chewelah, 50 miles north of Spokane
- Coulee Dam Casino in Coulee Dam, 40 miles north of Seattle, owned by 12 Tribes Colville Casinos
- Elwha River Casino in Port Angeles, 70 miles northwest of Seattle
- Emerald Queen Casino & Hotel (EQC) in Fife near Tacoma
- Emerald Queen Casino (EQC) I-5 in Tacoma
- Ilani Casino Resort in Ridgefield, 25 miles north of Portland near the border to Oregon
- Kalispel Casino in Cusick, 53 miles north of Spokane
- Little Creek Casino Resort in Shelton, 23 miles north of Olympia
- Lucky Dog Casino in Skokomish, 23 miles north of Olympia
- Lucky Eagle Casino & Hotel in Rochester, 26 miles south of Olympia
- Mill Bay Casino in Manson, 200 miles northeast of Seattle on the north shore of Lake Chelan, owned by 12 Tribes Colville Casinos
- Muckleshoot Casino in Auburn, 20 miles south of Seattle
- Nooksack Northwood Casino in Lynden, 14 miles north of Bellingham
- Northern Quest Resort & Casino in Airway Heights, 10 miles west of Spokane
- The Point Casino in Kingston, 18 miles west of Seattle via Bainbridge Ferry
- Quil Ceda Creek Nightclub & Casino in Quil Ceda Village, 30 miles north of Seattle
- Quinault Beach Resort and Casino in Ocean Shores, 90 miles west of Tacoma
- Red Wind Casino in Olympia
- 7 Cedars Casino in Sequim, 70 miles northwest of Seattle by ferry
- Shoalwater Bay Casino in Tokeland, 75 miles southwest of Olympia
- Silver Reef Casino Resort in Ferndale, 17 miles north of Bellingham
- Skagit Valley Casino Resort in Bow, 75 miles north of Seattle
- Snoqualmie Casino in Snoqualmie, 30 miles east of Seattle
- Spokane Tribe Casino in Airway Heights, 9 miles west of Spokane
- Suquamish Clearwater Casino Resort in Suquamish, 15 miles west of Seattle via Bainbridge Ferry
- Swinomish Casino & Lodge in Anacortes, 70 miles north of Seattle
- Tulalip Casino in Quil Ceda Village, 30 miles north of Seattle
- 12 Tribes Casino in Omak, 165 miles northeast of Seattle, owned by 12 Tribes Colville Casinos
- Yakama Legends Casino in Toppenish, 20 miles south of Yakama
Other Gambling Establishments
As an alternative to enjoying Washington slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Washington is:
- North: The Canadian Province of British Columbia
- East: Idaho Slots
- South: Oregon Slots
- West: The Pacific Ocean
Each of the links above will take you to my blog for that neighboring U.S. state to Washington.
Our Washington Slots Facebook Group
Are you interested in sharing and learning with other slots enthusiasts in Washington? If so, join our Washington slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.
There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Washington. Join us!
Alberta Vlt Payout Percentages
Payout Returns in Washington
Alberta Vlt Payout Percentage
The TLS directly controls the results of Washington’s unique terminal-style slot machines. TLS’ central computer system provides the outcome of each bet made on each terminal at the time of the wager. This off-site control extends to any bonus rounds.
All tribal-state compacts in Washington established a minimum theoretical payout of 75% for slot machines. Further, no return statistics for slots are available to the public.
Summary of Washington Slot Machine Casino Gambling in 2020
Washington slot machine casino gambling consists of 31 tribal casinos with electronic scratch ticket video player terminal slot machines. The state-run Tribal Lottery System (TLS) controls the results of all bets offsite from the tribal casinos.
Tribal-state compacts have set a minimum theoretical payout of 75% for their unique terminal-style electronic slot machines. No return statistics are available to the public.
Annual Progress in Washington Slot Machine Casino Gambling
Over the last year, Tulalip Resort Casino with its 2,400 gaming machines has dropped from second largest casino to third largest, replaced by Ilani Casino Resort with its 2,500 gaming machines.
Further, two tribal casinos have opened within the last year, including Kalispel Casino in Cusick located 53 miles north of Spokane and Spokane Tribe Casino located in Airway Heights a few miles west of Spokane.
Related Articles from Professor Slots
Other State-By-State Articles from Professor Slots
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By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC