Percentage payout poll

[Rusty]

After my rant at Skybet (which I played because so fed up with RTG/MG) it occured to me just how often I can deposit at a Casino, play and get less than the generally accepted payout figure touted.

This is not about a particular Casino or software and I am making it multiple choice so that blackjack and video poker players can also vote.

I would prefer this to be as accurate as possible so rather than guess (unless you know for sure) check out your stats.

The question is how often do you get the advertised payout or more on your deposits?

[NASHVEGAS]

Rusty,
Just speaking for BJ......I see what you prolly want to know by the way the poll is worded but I have not read your Skybet post.......That said, other than what you ask is all that should be concluded, just too many factors i.e.,risk of ruin,bet size,deposit size,hands played,and more to draw any conclusions pursuant to fair gaming as some may conclude.

Just to be a little more clear, I could make 20 deposits of $1K each, bet $500/hand or basically playing with a 100% risk of ruin and bust out in very few hands and not meet expectation on any of my deposits. Then I can make another deposit doing exactly the same and well exceed expectation on that 21st deposit, maybe even win more than all lost on the first 20 deposits that also never met advertised payout or expectation!

Regardless, all that can be concluded in granted my extreme example as I understand the BJ part of the poll is I did not meet advertised payout expectation on 20 of my 21 deposits. Not trying to play devil's advocate as you may literally be seeking answers to exactly what you are asking. No problem as long as one does not correlate the poll results to fair gaming or overall advertised payout or expectation.

Hope this makes sense and I wish more were interested in fair gaming as you appear to be.

[Rusty]

Yes that makes sense and I was aware of that problem but there is only so much information One can get from a poll as obviously the amount of relevant questions One can ask are limited.
However as a rule thumb it can be a rough guide as to whether payouts are as advertised especially for lower variance games.
Even on slots, jackpots and big wins are very rare and take up a very small percentage of overall payout.
As you have noticed I have worded the poll carefully and I do not want to say exactly what I am looking for (I will PM you) because it may influence votes.

[KasinoKing]

Vote in haste - repent at leisure! Sorry I ticked the wrong box.

I only voted on slots & chose "About half my deposits" because I was just thinking of how often I deposit at casinos & cash-out a profit.
I should have voted on the top one - for all my deposits.

In order to ascertain accurately if you are getting the published return you would have to play many 1,000's of spins. Most of us (I would imagine) only play a few 100 spins at a time, so will see wildly varying results.

For example, today I played at Ladbrokes (as usual!) and got these results:-
Osbournes; 68 spins, hit no features at all, return = 50.37%
Mega Moolah; 151 spins, got the 15 free-spins, return = 171.50%

I'm happy that I get the correct long term return from all the casinos I play at - otherwise I wouldn't play there.
KK

[Rusty]

Also not playing a level stake and playing time of the individual and percentage of deposit each bet constitutes etc will also affect results.
I think Nash pointed some of those out.

The key is to know how much play time you should expect from the game you are playing given the stake you are playing at.

Is it about right,above or below expectation?

That is a better way to phrase the question.

As Nash says the results can not be relied upon as a guide to whether the payouts for each game are fair but then I have not stated that anyone should draw such conclusions.
(My fault for connecting it to my SkyBet rant)
Each persons interpretation of the results is up to them.

More votes please.

[aka23]

Also not playing a level stake and playing time of the individual and percentage of deposit each bet constitutes etc will also affect results.
I think Nash pointed some of those out.

The key is to know how much play time you should expect from the game you are playing given the stake you are playing at.

Is it about right,above or below expectation?

That is a better way to phrase the question.

Another important factor is the variance and payouts of the particular game. For example, a slot might have a good portion of it's overall payout in extremely rare outcomes, such as a progressive jackpot. If you don't hit those extremely rare outcomes, your expected payout may be well below the overall payout of the slot. So I'd expect most people who played this game to have an overall payout that is well below the average; and a small number of people who hit the rare big payouts to be far above the average. As an extreme example, consider a state lottery. What portion of people would you expect to be above and below the average payout of the lottery?

[Rusty]

Another important factor is the variance and payouts of the particular game. For example, a slot might have a good portion of it's overall payout in extremely rare outcomes, such as a progressive jackpot. If you don't hit those extremely rare outcomes, your expected payout may be well below the overall payout of the slot. So I'd expect most people who played this game to have an overall payout that is well below the average; and a small number of people who hit the rare big payouts to be far above the average. As an extreme example, consider a state lottery. What portion of people would you expect to be above and below the average payout of the lottery?

I think I already touched on that point which is not without merit but let me ask you something.

Have you ever won a progressive jackpot and if not do you expect to win your lifetime?

[aka23]

Have you ever won a progressive jackpot and if not do you expect to win your lifetime?

I haven't had a very large one, only ones that are less than $5,000. On deposits where I hit a progressive, I was quite far above the advertised payout But on the majority, I was below, as expected. It's a different story with blackjack, as there are no rare big payouts. About 1/2 of my results were above EV and about 1/2 were below.

[Rusty]

Congrats on the Ones you have hit, that is still an achievement

I really did not set this poll up very well.
I tried to disguise exactly what information I was looking for by asking the questions I did, it should really have been a 6 question poll.
I achieved the disguise but at the expense of clarity.
Live and learn.
Still the results are interesting in their own right and thanks to everyone who has taken the time to vote so far.

ps
No poll is ever going to get enough responses to draw an absolute cocnclusion from, it just a case of looking for indicators.