Slot Machine Expected Value
- Slot Machine Expected Value Calculator
- Slot Machine Expected Value Formula
- Slot Machine Expected Value Calculation
- Appendices
- Slots Analysis
- Miscellaneous
Introduction
USEDSLOTMACHINES.NET Because of Corona virus, and having to stay home, buy any slot machine $799.00 and up and get 10% off order. All of us at Used Slot Machines want you to safe, Stay healthy! Buy any IGT 3902 17 Inch Video Slot Machine Or 31 Game Game king $799.00. There's a Crating Fee On each Machine $75.00.We Have The Best Prices! Gambler's Oasis was founded on the principal of providing top quality casino slot machines and gaming devices to your home at the most reasonable price. Whether you want one slot machine or twenty slot machines, your home game room can become an oasis, a refuge, a haven for fun for you, your family and friends.
From time to time I get asked specifically how to calculate the return for a slot machine. To avoid breaking any copyright laws I won't use any actual machine as an example but create me own. Lets assume this is a standard three reel electro-mechanical slot machine with the following payoff table based on the center line:
Slot Machine
| Center Payline | Pays |
|---|---|
Three bars | 5000 |
Three cherries | 1000 |
Three plums | 200 |
Three watermelons | 100 |
Three oranges | 50 |
Three lemons | 25 |
Any two cherries | 10 |
Any one cherry | 2 |
There seems to be always 22 actual stops on each reel of a slot machine. The following table shows the symbol on each stop as well as the weight.
Weight Table
| Symbol | Reel 1 | Reel 2 | Reel 3 |
|---|---|---|---|
Cherry | 3 | 2 | 1 |
Blank | 2 | 3 | 3 |
Plum | 3 | 2 | 2 |
Blank | 2 | 3 | 3 |
Watermelon | 3 | 3 | 2 |
Blank | 2 | 3 | 3 |
Orange | 4 | 3 | 3 |
Blank | 2 | 3 | 3 |
Lemon | 4 | 3 | 3 |
Blank | 5 | 5 | 8 |
Bar | 4 | 3 | 1 |
Blank | 5 | 5 | 7 |
Cherry | 2 | 2 | 1 |
Blank | 2 | 3 | 3 |
Plum | 3 | 2 | 1 |
Blank | 2 | 3 | 3 |
Watermelon | 3 | 2 | 2 |
Blank | 2 | 3 | 3 |
Orange | 3 | 2 | 3 |
Blank | 2 | 3 | 3 |
Lemon | 4 | 3 | 3 |
Blank | 2 | 3 | 3 |
Total | 64 | 64 | 64 |
There are two interesting things to note at this point.First notice that the first reel is weight the most generously and the third is the least. For example the bar has 4 weights on reel 1 and only 1 weight on reel 3. Second notice the high number of blanks directly above and below the bar symbol. This results in a near miss effect.
Most of the symbols occur twice on the reel, and the blank 11 times. The following table shows the total number of weights of each kind of symbol.
Total Weight Table
Slot Machine Expected Value Calculator
| Symbol | Reel 1 | Reel 2 | Reel 3 |
|---|---|---|---|
Bar | 4 | 3 | 1 |
Cherry | 5 | 4 | 2 |
Plum | 6 | 4 | 3 |
Watermelon | 6 | 5 | 4 |
Orange | 7 | 5 | 6 |
Lemon | 8 | 6 | 6 |
Blank | 28 | 37 | 42 |
Total | 64 | 64 | 64 |
Given the two table of weights and the pay table it only takes simple math to calculate the expected return. Following are the specific probabilities of each paying combination. Note that each virtual reel has a total of 64 stops so the total number of possible combinations is 643 = 262,144.
Slot Machine Expected Value Formula
- 3 Bars: 4*3*1/262,144 = 0.000046
- 3 Cherries: 5*4*2/262,144 = 0.000153
- 3 Plums: 6*4*3/262,144 = 0.000275
- 3 Watermelons: 6*5*4/262,144 = 0.000458
- 3 Oranges: 7*5*6/262,144 = 0.000801
- 3 Lemons: 8*6*6/262,144 = 0.001099
- 2 Cherries: (5*4*62 + 5*60*2 + 59*4*2)/262,144 =0.008820
- 1 Cherry: (5*60*62 + 59*4*62 + 59*60*2)/262,144 =0.153778
Slot Machine Expected Value Calculation
The average return of the machine is the dot product of the above probabilities and their respective payoffs:
0.000046*5000 + 0.000153*1000 + 0.000275*200 +0.000458*100 + 0.000801*50 + 0.001099*25 + 0.008820*10 +0.153778*2 = 0.94545 .
Thus for every unit played the machine will return back 94.545%.
Go black to slot machines.
Written by: Michael Shackleford