FlyerTalk Forums - View Single Post - About the SLOTS
Thread: About the SLOTS
View Single Post
Old Jan 26, 2007 | 1:09 pm
  #30  
kaukau
 
Join Date: Jun 2006
Location: Lahaina, Hawai'i
Programs: HA Pua. Platinum WP, PR, QF, UA, AA, DL, NW Prince Preferred
Posts: 4,786
Originally Posted by standby my man
DM, please forget that part of my comment - it was totally dumb. I have seen where overall payout is near top for the Peppermill and substantially
better than the strip proper. But, why do the regular slots pay out so much
less than most of the poker? I guess they figure the innocent suckers will
play them.
FWIW, the Nevada Gaming Commission categorizes VP a "game of skill", and slots a "game of chance", and as such they are subject to different rules regarding payouts and winning percentages. It's kind of interesting, kind of weird, definately a Las Vegas "thing". The exact details escape me right now, but we can google it to get the details!

I remember now! As a game of skill, the odds of winning at VP are required by law to be the same, whether you wager a nickel, a quarter or a dollar.

As a game of chance, casinos are allowed to vary the odds of winning according to the wager: $.05 cent slots 70% payout, $.25 85% payout, $1.00 slots 94% $5.00 slots 99% payout, etc, for example: basically, whatever they want.

Good Luck!!!

Last edited by kaukau; Jan 26, 2007 at 3:04 pm
kaukau is offline