Over that last year or so those who play slot machines have been saying that there are fewer and fewer jackpots being paid out to players. In turn some players believe that casinos have changed the payout percentage of their slot machines.
It is not true.
Here is the deal. When a slot machine is put together in the factory the chip that is programmed with that machine’s payout percentage is installed. This chip is in place to control the payouts of that slot machine. Once it is installed the payout percentage is a done deal.
The only way a casino could change the payout percentage of one of their slot machines is to first submit a sheaf of paperwork to the Casino Control Commission requesting to change the payout percentage of a slot machine. This sheaf of paperwork would have to be submitted for each machine the casino wished to change.
If the request is approved the casino then has to purchase a new payout percentage chip and then pay for the old chip to be removed and the new chip to be installed in the slot machine. None of which is cheap.
What does all of this mean to you, slot machine player? It means that the casino does not just flip a switch to change the payout of a slot machine. It is a very detailed and time consuming process.
So why do there seem to be fewer jackpots?
It does not have anything to do with the casinos actually. But it does have to do with the economy.
People are making fewer trips to casinos. Some because of a lack of funds and others because they are choosing to play online casino games. With fewer people in the casinos and fewer people playing on slot machines, there are now fewer jackpots being paid out.
It simply comes down to that. Less people playing slot machines means less opportunities for a jackpot on a slot machine to be triggered, which means less actual jackpots being won from slot machines.
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