Dear Mark,
Exactly what does it mean when a casino advertises that
its payback percentage is such-and-such percent? Dorothy M.
You speak of slot machines, n'est-ce pas? Each machine is scrupulously
designed and tested to assure the casino a definite payback. The
"payback percentage" is the portion of the money that is put into the
slot that is eventually paid out to the player.
For example, with a payback of 95%, the casino would latch onto about 5%
of all money put into the slot. You, Dorothy, should get back 95¢
of every dollar you insert. Of course, don't expect 95¢ to clang in the
tray for every dollar's worth of handle yanks. The percentage return is
a long-term concept. Your gaming timeline is possibly limited to 200
yanks of the handle, not millions, so any percentage return (as low as a
goose egg to as high as a mega-jackpot), can, and will happen. But, of
course, if you knew ahead of time what the result was going to be, you
wouldn't be playing, would you?
In most gambling jurisdictions, the law requires that payback
percentages be above a threshold level, commonly around 75%.
Fortunately, the payback percentage in most casino machines is much
higher than the minimum, even some advertised as high as 98%-plus. It's
those machines advertised for high paybacks, Dorothy, which you want to
play on. Leave the rest for the slow learners.
Dear Mark,
Is there any possibility that a video poker machine can
be programmed to never give you a royal flush? Cam F.
The short answer, Cam, is: yep, but —
Here's the long one: technology
does exist for machines to be set to act other than randomly. Such
machines are obviously programmed to avoid giving the players sweetmeat
hands, and instead to give the house a much bigger advantage.
Reassuringly, these machines are illegal in Nevada, New Jersey, Colorado
and all other states that pattern their gaming regulations after those
states. Calling 911 may not help.
Dear Mark,
In poker, could you please explain the difference
between a blind bet and an ante? Candy G.
Just to stimulate that all-important action before the first cards are
dealt, most poker games, Candy, require an ante or a blind bet. If antes
are used, all players must post a standard amount of seed money up-front
in order to receive their first cards. You'll find antes used in your
traditional Stud games. Blind wagers, as found in Texas Hold'em and
Omaha, have the same general purpose but with slight differences. With
blind bets, the first two players to the left of the dealer post their
bets before they see any cards, and are thus, still "blind." This
required wager rotates around the table. Because blinds exact forced
wagers, blind bettors, in return, can raise once the betting has gone
around the table the first time and it's their turn to act again.
Dear Mark,
I have noticed recently an increase in poker questions.
That's great for me because it is my favorite game. Any reason for it?
Rick W.
Mark Twain once said, "There are few things that are so unpardonably
neglected in our country as poker! It is enough to make one ashamed of
one's species." That won't happen here, Rick. Besides, questions on
poker are what's showing up in the mailbag of late. It could be
influenced by coverage of the World Series of Poker on ESPN, or the
World Poker Tour on the Travel Channel. But I'm guessing it's because
there are over 130 million on the planet who, like you, enjoy the game.
Gambling quote of the week: "There may be glitter, glitz and
romance in a casino, but at the end of the day they're just like any
other business: If they cease to make a profit, they soon cease to
exist." — Gambling For Dummies (The book)
