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Slots Minimum Payout Percentage

Dear Mark: Is there minimum payout percentage on slot machines that must be paid out? Dave N.

The legal minimum, Dave, is set by statute in each state. Your letter comes from New Jersey, where it's 83%. Where I worked, Nevada, it was slightly less. Yet that percentage return doesn't necessarily mean you will see slot machines actually set that low.

Players don't like having their money gobbled up by machines that are as tight as legally allowed.

For that reason, along with competition, you'll find in general that casinos tend to have higher paybacks on their slots than the legal minimum, and seldom will you find the real payout percentage falling much below 90%.

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More Columns By Mark Pilarski
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