RCCI Slot Payouts Percentage?

[sas80]

Darn, I knew I should have explained better. You are correct, it has nothing to do with the odds of hitting the progressive, however when the machine says so many percent payback it's figuring in the odds of winning back the money assigned to the progressive. So, if they take that money back from time to time? Does this not mean that as you play, you have less of a chance of getting more than what you play than if they allowed the progressive to continue to rise as they do in LV? Surely, as the house takes more money out of the machines, this means that there is less for people to win.

 

With progressive jackpots you can always see the jackpot amount being displayed so you know the amount of $$ you will win if you hit it. The percentage payback displayed has ONLY to do with the reel strip symbol's. An increased number of high paying symbols on the reel strips directly translates to better odds for payback.

 

Statistically speaking you actually have more of a chance of hitting the jackpot on a progressive IF no one has won 'lately'. Think about it.... if the odds of getting the magic reelstrip combination are 1 in 100,000 and 95,000 people have spun and not won, statistically speaking someone should win sometime in the next 5000 handle pulls. Resetting the jackpot has nothing to do with that just as the amount contained in the jackpot has zero to do with the payback percentage rate of the machine. The problem is that you don't know when the last time someone won that jackpot.... was it last weeks cruise? or last years cruise?

 

But it's all statistics. And, even tho there is sound science behind statistical analysis, statistics and reality tend to differ.

 

As well, weekly resetting of the base jackpot is nothing more than pocketing the profits of last weeks cruise.

Edited April 15, 2010 by sas80

[sas80]

Not necessarily

Depends on the paytable and your skill

 

Someone who can play PERFECT VP on a full pay machine can expect almost a 99% payout...only a 1% house advantage

http://en.wikipedia.org/wiki/Video_poker

 

Because it is possible to do so well on VP, this is why most every casino gives you 1/2 the points (players club points) than you would receive for slot play.

 

It's hard, if not impossible to find a full pay VP machine, especially on the Las Vegas strip

 

One more thing to keep in mind...

 

If a machine says it has a 99% payback rate this directly implies (means) that, for every dollar you put in, you get 99 cents back.

 

Everyone thinks T-bills are a mediocre to bad investment but even they pay better than this ;):)

Edited April 15, 2010 by sas80

[EngIceDave]

Are you saying that VP has some of the worst pay outs on a cruise casino?

 

Not necessarily

Depends on the paytable and your skill

 

Someone who can play PERFECT VP on a full pay machine can expect almost a 99% payout...only a 1% house advantage

http://en.wikipedia.org/wiki/Video_poker

 

Because it is possible to do so well on VP, this is why most every casino gives you 1/2 the points (players club points) than you would receive for slot play.

 

It's hard, if not impossible to find a full pay VP machine, especially on the Las Vegas strip

[sas80]

My DW once found a machine that had been set wrong. For every dollar that you put in the reader, it gave 4 credits. It thought it was a 25Cent machine, but they had it set for dollars. That was the only machine that I ever saw that was truely more than 100% payback:D

 

 

that can definitely happen! I hope you played the heck out of that machine. very much worth an investment :)

[Lou33]

Statistically speaking you actually have more of a chance of hitting the jackpot on a progressive IF no one has won 'lately'. Think about it.... if the odds of getting the magic reelstrip combination are 1 in 100,000 and 95,000 people have spun and not won, statistically speaking someone should win sometime in the next 5000 handle pulls.

 

No! that is a common misconception. A machine is never "due" to hit. What happened in the past has nothing to do with the next pull of the handle. It is a completely independent event. See this link:

 

http://wizardofodds.com/askthewizard/fallacy.html

Edited April 15, 2010 by Lou33

[EngIceDave]

With progressive jackpots you can always see the jackpot amount being displayed so you know the amount of $$ you will win if you hit it. The percentage payback displayed has ONLY to do with the reel strip symbol's. An increased number of high paying symbols on the reel strips directly translates to better odds for payback.

 

Statistically speaking you actually have more of a chance of hitting the jackpot on a progressive IF no one has won 'lately'. Think about it.... if the odds of getting the magic reelstrip combination are 1 in 100,000 and 95,000 people have spun and not won, statistically speaking someone should win sometime in the next 5000 handle pulls. Resetting the jackpot has nothing to do with that just as the amount contained in the jackpot has zero to do with the payback percentage rate of the machine. The problem is that you don't know when the last time someone won that jackpot.... was it last weeks cruise? or last years cruise?

 

But it's all statistics. And, even tho there is sound science behind statistical analysis, statistics and reality tend to differ.

 

As well, weekly resetting of the base jackpot is nothing more than pocketing the profits of last weeks cruise.

 

There is a progressive in MGM Grand called the "Majestic Lion" or something like that, and it used to be like 20 machines by the elevator bank. Well, MGM decided to take it out, but under Nevada Gaming rules, they can't eliminate a progressive game no one has yet to win (people have paid into the progressive fund and deserve the chance to get it back) so for years there has only been two of these machines left on their floor, and the progressive is way over 2 million.

As far as I know, it still hasn't hit

Been there for years.

Edited April 15, 2010 by EngIceDave

[sas80]

No! that is a common misconception. A machine is never "due" to hit. What happened in the past has nothing to do with the next pull of the handle. It is a completely independent event. See this link:

 

http://wizardofodds.com/askthewizard/fallacy.html

 

Yes! Statistically speaking, I am correct. Not only did you change my word from "chance" to "due" but you failed to capture an important sentence that I also included when you decided to snip and re paste my words...

 

 

But it's all statistics. And, even tho there is sound science behind statistical analysis, statistics and reality tend to differ.

 

 

I said "the chance of the machine hitting", not that the machine was "due" You said "due", not me.

As well, if, as you are stating, statistics don't apply and everything is perfectly random, how in the world do they calculate odds?

Edited April 15, 2010 by sas80

[snownyet]

This is an interesting observation, and it's something that gamblers may not consider. Because it also works the other way. If slot machines in general are set to payback 90% over a year, or over a lifetime, it is also true for the person who plays it (over year or over a lifetime). Unless you hit Megabucks, you "will" get a 90% return on your bets over a lifetime. And the more you play, the more likely this will happen. If you play often over a one year period, then maybe there is an 80% chance that you will have a return of 88-92%, and over a lifetime there might be a 99% chance that you will have a return of 88-92%. The numbers are not facts, they are generalizations to make a point.

 

After I studied Probability and Statistics in college it really affected my feelings about casino gambling. But I still play video poker and blackjack for fun sometimes.

 

 

Wouldnt this only be true if you sat down at the same machine everytime for your entire life?

[sas80]

There is a progressive in MGM Grand called the "Majestic Lion" or something like that, and it used to be like 20 machines by the elevator bank. Well, MGM decided to take it out, but under Nevada Gaming rules, they can't eliminate a progressive game no one has yet to win (people have paid into the progressive fund and deserve the chance to get it back) so for years there has only been two of these machines left on their floor, and the progressive is way over 2 million.

As far as I know, it still hasn't hit

Been there for years.

 

Very interesting. I didn't know that the NGC had that "rule". I was on the other end of the NGC "ruels", the ones that said the gaming machines had to be 'up to snuff', not the consumer end.

 

I'm glad that they do tho, otherwise that money would be 100% profit for the house.

 

Statistically speaking that would be a good machine to play :)

Edited April 15, 2010 by sas80

[sas80]

Wouldnt this only be true if you sat down at the same machine everytime for your entire life?

 

That is an assumption that he has stated with the phrase "if slot machines in general are set for a 90% payback rate"

 

He's making a point using a generalization. In describing his generalization he is using the assumption that all machines are set at 90%.

 

He's right.

Edited April 15, 2010 by sas80

[Lou33]

sas80,

 

So you agree that every pull of the handle would have a 1/100,000 chance of hitting the jackpot, regardless of the previous play? Many people don't.

 

I don't agree that statistics and reality tend to differ. If you guess the toss of 1000 coins, 99% of the time you will get between 459 and 541 correct. That is always true.

[sas80]

sas80,

 

So you agree that every pull of the handle would have a 1/100,000 chance of hitting the jackpot, regardless of the previous play? Many people don't.

 

I don't agree that statistics and reality tend to differ. If you guess the toss of 1000 coins, 99% of the time you will get between 459 and 541 correct. That is always true.

 

I'm really not a statistics expert but I know enough to know that statistics are just a model for behavior and not a concrete predictor.

 

If the little ball lands on black 20 times in a row, statistically speaking it is supposed to land on red next time but the odds are still 50/50.

 

Yes, it is unfortunate that statistics aren't cumulative....:(;)

 

As for guessing the tossing of coins, or even the little ball landing on red or black - we all know that we can keep testing until we get the odds we are looking for. Much like quantitative research can be easily skewed to prove the desired theory......

Edited April 15, 2010 by sas80

[cruzincurt]

I cant really speak to it because I never developed on the games but the first question that comes to my mind is which regulatory board were you reading about? Indian gaming regulations? Nevada Gaming Regulations? International Gaming Regulations?

None, this is what is commonly reported in such magazines as Casino Player from the machine manufacturers when this question comes up.

Edited April 16, 2010 by cruzincurt

[cruzincurt]

One more thing to keep in mind...

 

If a machine says it has a 99% payback rate this directly implies (means) that, for every dollar you put in, you get 99 cents back.

 

 

Not exactly, it means that over say several million simulated operations of the random number generator, this would be the expected result.

 

I can assure you that if you plug in $100 in a $1 slot machine, you will either way away with more than $100 on that hundred assuming you have some sizable wins or somewhere way less. I've watched someone plug $100 into a Wheel of Fortune, pull 99 times ($3 across) and leave with $1.

[24butterfly]

As a rule of thumb on RCL, I only play the slots the first two days. After that, seems they do not pay anywhere near what they did those first two days.

 

 

Thank you. Another party found my theory to be of some truth........

[cruzincurt]

Thank you. Another party found my theory to be of some truth........

Contrary to that urban legend, my DW & I have both hit $1000 payouts on the last night of a cruise.

[knittinggirl]

I read in an article of cruise dos and don'ts that said to put gambling on the don't list. The article said the cruises have their gambling set up draw a huge profit.

[EngIceDave]

I read in an article of cruise dos and don'ts that said to put gambling on the don't list. The article said the cruises have their gambling set up draw a huge profit.

 

Well, all those huge multi-million dollar hotels in Las Vegas weren't built on winners

[foureyedbuzzard]

The best "statistic" I can offer people without resorting to mathematics that long term they cannot win is the strip in Vegas. All those hotel casinos were built with the money of people who thought they could win - and lots of people with "systems" too. The odds are ALWAYS in the house's favor. Likewise, cruise ships don't put some of the most precious mid-ship space and labor into their casinos for nothing (and note that you usually CAN'T walk around them). They are big revenue sources.

 

The key to successful gambling is not luck or even gaming knowledge - it's money management. You can't beat the game(s) themselves long term (the only exceptions being blackjack with very skilled card counters and with favorable blackjack and surrender rules, and poker against lesser players). But you can manage to leave when you are up - not down. 90%+ of people who are up at some point in a casino lose it back plus more. Your bankroll will always tend to go down over time. But it does so with ups and downs, like a constantly decreasing sine wave. The key is to not expect to break the bank or hit the jackpot, but to take winnings when you're on the plus side.

 

For example, you are playing a $5 blackjack table with a $200 bankroll. You are down $40. You are keeping track to some degree and the count is in your favor. You get back to even and you get several good hands in a row, a few BJ's and a big double down win. You are all of a sudden up $100.

 

Tip the dealer and LEAVE the freakin' table NOW! You are WAY on the top of (or above) the sine wave that represents your expected payout with $5 bets. $100 is 20 betting units - and a 50% return on your bankroll. The familiar stock market saying applies to gambling as well it might, "Bulls make money, bears make money, pigs get slaughtered".

 

Go have a drink at the piano bar and revel in your discipline of having left the casino a winner.

[digibabe]

Hello,

Just back from an 8 night cruise on Navigator of the Seas and I am disappointed that I lost a lot of money (I can afford it but that's not the point) with few winning payouts on the machines I was playing but just as importantly, no big payouts on the machines that others were playing nearby. I agree that since the slots are in international waters, RC can do whatever it wants but I find it despicable. At first, I thought it was just an unlucky streak but then, when I saw no one else winning, I knew for sure that RC was just soaking in the cruisers money. In the name of corporate greed, it's disgusting! I'm done, no more gambling on RC ships for me. Since the entertainment in the show rooms is so mediocre, I'll bring a good book next time.

[riclop]

Does anyone know what the payout percentage is on casino slots on RCCI cruises? I know most land based casino's pay out anywhere from 80 percent of their takings up to the high 90's.

 

Stop dreaming they will steal your $$$ without a gun.

[cincicruisers]

Has anyone noticed that the slots payout pretty good the first couple of nights and then they don't payout much for the rest of the cruise? It seems like that to me. Like they are trying to get people seeing payouts and that gets folks gambling.

[IsanTom]

Does RCI have Video Poker machines?

[casinostreer]

It is your imagination and one of the older "urban myths" of cruising... that is that slot payouts decrease during the week. It's just not practically possible. Some friends and I shared a catamaran excursion with some of the ship's dealers and a casino manager a few years ago... and we had a good laugh about this one. :D

 

Actually - it is practically possible. All of the slot machines (even the old style) are linked by the casino's computer. Watch as they turn all of the "different slot machines" into the SAME game for a slot tournament. Because of this they CAN adjust the slots to be tighter or more loose, it's merely software.

 

I can't say with CERTAINTY that it happens - but after 4 years in Casino Royale and a great deal of money won and lost - we found it to be true. (3 different people - playing with different sea pass cards, betting the same, same time of night, same duration, all variables controlled.) ALL 3 people were way up on the first and second nights of the cruise and it went down from there. We come with gambling money set aside and we know our own limits - so it's not all about the money. It actually pays for our next cruise. But the same routine on all cruises - first couple of days we're up, then we go back to breaking even.

 

Regardless - for us it's about fun, a couple of drinks and people watching. :)

Edited February 24, 2016 by casinostreer

[dplusd]

Does anyone know what the payout percentage is on casino slots on RCCI cruises? I know most land based casino's pay out anywhere from 80 percent of their takings up to the high 90's.

 

Whatever the payout...play for fun, not to win money. Whatever payouts you're used to in land based casinos, these slots will be colder. Of course some will come out ahead...we have too. But, if you play long enough...the house odds rule.