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Variance is huge for slots. 100 or 10,000 far too few spins to expect a payout of ~95%. To start with, you would need enough spins to expect to hit all outcomes of the slot, even the rare ones, like 5 wilds or a progressive jackpot. To approach a more precise value, you would likely need quite a bit more than this.
If you can get an estimate for variance per line or variance per spin of the particular slot, you can crudely estimate expected range of return per 10,000 spins using the calc at http://www.beatingbonuses.com/calc.htm or compare with other games. For example with a SD per spin of 1.0 in a game like roulette, the 1SD range of expected payouts for 10,000 spins and a 5% house edge is 94 to 96%. If we increase SD per spin from 1 to 10, the expected payout range shifts to 85 to 105%. I suspect most 5 reel slots have a SD per spin of well above 10. Zoozie's slot simulator may also be helpful. I believe it answers the 2nd half of your question for some of the MG games.
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Best ~140 Sign-up Bonuses | Return & Variance Simulator | "Are my results fair?" Calc | Blackjack Strategy Calc | Discussion Forum Last edited by aka23; 19th July 2007 at 11:54 PM. |
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Question 1: The next spins should be independent of the first 100, so I guess the combined payout for all 10000 spins should, statistically, be higher for example one and three.
May be compared to losing 100 hands straight on black jack (highly unlikely), then deciding to play to play another 100 hands. Should you expect to win most or all hands to make the payout percentage 99 (ish)? Disclaimer: I'm no math wiz.
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