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One reason that the slot machine is so profitable to a casino is that the player must play the high house edge and high payout wagers along with the low house edge and low payout wagers. From October 2001 to February 2002, columnist Michael Shackleford obtained PAR sheets for five different nickel machines; four IGT games Austin Powers, Fortune Cookie, Leopard Spots and Wheel of Fortune and one game manufactured by WMS; Reel ’em In. The casino could legally place machines of a similar style payout and advertise that some machines have 100% return to player. Suppose that a certain slot machine costs $1 per spin and has a return to player (RTP) of 95%. Although the original slot machine used five reels, simpler, and therefore more reliable, three reel machines quickly became the standard. On video slot machines, they are usually contained within a help menu, along with information on other features.
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These used a number of features to ensure the payout was controlled within the limits of the gambling legislation. To the player, it might appear that a winning symbol was “so close”, whereas in fact the probability is much lower. With microprocessors now ubiquitous, the computers inside modern slot machines allow manufacturers to assign a different probability to every symbol on every reel. In the 1980s, however, slot machine manufacturers incorporated electronics into their products and programmed them to weight particular symbols.
