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Microgaming and Casino Payout Rates Set or Manipulated?

Discussion in 'Ask the Meister' started by Rambler, Feb 14, 2004.

    Feb 14, 2004
  1. Rambler

    Rambler Banned User

    Bryan, I have wondered for some time with microgaming software, why casinos advertise different pay out rates (some vary considerably). Since Price Waterhouse Coopers does the auditing for most on-line casinos, I am curious if a casino can set the pay out ratio or if it is preset by microgaming. For example, in Atlanitic City and Los Vegas land based casinos ,payouts vary by machine programming and casino policy and are subject to scrupelous government regulation. For example, if ABC On- Line casino buys a microgaming software license and wants to set the pay out ratio at 80 percent average for all casino games, is this possible through microgaming (In other words, can the casinos change payouts, if so by the month, day week or what? How much room does Microgaming vie a casino to do what they want?). Conversely, if XYZ casino wants a 95 percent pay out ratio to attract customers or retain clientele, is this possible or programable by microgaming software. (I suspect this as I win at certain casinos more than others consistently). I haven't been able to find any answers to this on the Microgaming site, the Wizard of )Odds, etc. It is important for us as players to know how much leeway a casino has in setting odds or manipulating pay out ratios through software flexibility as all of us have limited fun money . Since I am an avid gambler by hobby, I do play enough to know that some casinos pay out wins more than others. I must assume there is some mechanism for casinos to adjust how often a win comes up, i.e. Royal Flush, etc. Please reply as I am sure I am not the only one to wonder about this. I would love to see microgaming post an answer to this on this site as well as in full disclosure all of us should know how this works and no secrets!. You are the Man! Thanks.
     

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