Australian Pokies Payout Percentage
Posted : admin On 4/14/2022Pokies are the most sought games at both online and land casinos. Every player wants to know how much the pokies game will pay back to the player. Also known as RTP or Return to Player mostly pokies pay 87% or higher. In most cases, you will find games offer around the 90% mark or above although you will never know it as individual gambling sessions will vary widely which is actually a good thing.
The percentages that you find listed in games at casinosactually refer to the long term theoretical performance of the machine. Thismeans that over a long time or after you can say millions of spins a machinewith a 90% setting will return 90% of money gambled. One of the most importantpoints to note is that there are no pokies with a payback set to over100%. This means that the longer you play the more you are likely to lose.There is no way to consistently win on the pokies.
How the Pokies’RTPs are Determined?
Because online gambling sites have less overhead (would you want to pay a fancy casino’s utility bill?) they can afford to offer higher payout percentages, in most cases 97% and up. Pokies in Australia are also controlled by complex laws, and we recommend that you visit serious Australian websites for more legal pokies related information. Highest Paying Online Pokies RTP. Another factor that points to the best paying online pokies is the payout rate or return to player (RTP). It informs you of the percentage of all bets that are given to you over time. A basic rule is that Australian online pokies with an RTP of 95% or more are considered to be an excellent option.
RTPs are not calculated on the individual spins but instead,a pokies game RTP is determined by the way the symbols are positioned on thereels. Note that the RTP refers to money gambled, not money put into themachine. For example, if you put a $20 note in a machine and play at 20c perspin you will get more than 100 spins as you will get some wins. The gamepayout percentages on poker machines are only determined by the symbolpositions and are not affected by any other aspect including the amount ofmoney put into the machine.
A game’s RTP is never going to be reflected in individualgaming sessions. This is a good thing as it would not be too entertaining ifyou always lost money when playing the pokies. In an individual gaming session,some players will win, some will lose and some might break even.
One fact that cannot be avoided is the fact that all pokiesRTPs are less than 100% which means if you played for millions of spins you are100% guaranteed to lose all money put into the machine.
The payback percentage is programmed into the machines by themanufacturers, and some games can be adjusted depending on how a casino wantsits games set up. If you find at any casino banner boasting a 95 percentpayback what this is really saying is that “You put in $100 and we’ll give youback $95.” Obviously, this isn’t a literal determination of a player’s actualwinnings.
The Hit Frequencyand Pokies Odds
Frequency is the theoretical percentage of spins that willpayout something to the player. The frequency is based on how many times eachsymbol appears as well as how often winning combinations occur. Machines withhigh hit frequencies pay out small wins more frequently and machines with lowerhit frequencies pay out less often, but with more money.
The hit frequency basically tells you how many times you’llhave to lose in order to win – on average. A return of a couple of coins is ahit, but it’s not much of a win. Most pokies have hit frequencies between 9 and25 percent. This means that players will get hits, on average, 9-25 times outof each 100 spins. These hits could be anything from a marginal return to ahuge payout.
It’s important to note that there is usually no directcorrelation between the payout percentage and hit frequency. Machines withhigh payback may still have a low hit frequency or vice versa. A pokie machinewith a high payback and low hit frequency means that it doesn’t hit as often,but it pays out more. A machine with a low payback and high hit frequency paysout small wins, more often. So whether you enjoy waiting longer for the biggerpayout or getting little returns and less waiting time, you’ll now be able tofind a slot machine that is the perfect combination of entertainment andprofit.
There is no way to accurately predict exactly how much you’llwin or lose on a poker machine, and that is part of the fun of gambling in acasino.
Online andLand Casino Payout in Pokies
Pokies in pubs, clubs, and casinos in New Zealand have aminimum RTP of 87% which is quite low compared to the games you can playonline. This is due to the fact that traditional gaming venues have higheroverheads compared to online casinos.
On an average level, the online pokies payout percentage isaround 94% which is a good 7% higher than the minimum you get at your localgaming venue or land casinos
Australian Pokies Payout Percentage Since
Of course, these higher payback rates do not guarantee you’llwin more online but it certainly cannot hurt to play games with higher RTP’s.Over the very long term, you should get more action for your money. Consideringplaying pokies is all about entertainment this gives playing online anadvantage over playing offline.
The PossibleCombinations of a Pokie Machine
The pokie machine decides what to pay out and when based ontwo things: the possible combinations and the Random Number Generator (RNG).
Every pokie has thousands, if not millions of possibleoutcomes. These outcomes represent a certain payout. The payout could bezero that is when you lose), could be 2x your stake which can be a smallwin or could be 10.000x your stake, a jackpot and everything in between.
Most of the spins you will not win everything, sometimes youwill win a small amount (2-5 times your stake) and once in a while, youwill win a big prize. It may take you 5 years to win the highest jackpotpayout.
If you divide all the possible payouts by the number ofcombinations, you have calculated the Return to Player percentage. Here is asimplified representation of how a Return to Player percentage is calculated:
In this example, there are 878,526 possible outcomes orspins. In 34.1% of the spins, there will be no winning combination(300,000/878,526).
In 45.5% of the spins, there will be a payout between 1 to 5credits (400,000/878,526), etc. The jackpot of 100,000 credits will only occuronce in every 878,525 spins on average.
Based on the outcome, the pokie shows a visual representationon the screen. For instance, one spin could win you 5x your stake with 5 lemonson a pay line. The outcome of that particular spin is a win of 5x your stake,the visual representation is the 5 lemons on a pay line. So, the outcomedetermines what is shown on the screen, not the other way around!
How doesthe pokie determine which outcome will be won by the player?
That is when the Random Number Generator (RNG) comes intoplace. The RNG is the heart of every pokie. The RNG determines whichcombination is picked. The RNG is constantly spinning all the possible outcomesaround, kind of like a giant tombola. The moment you push the spin button, theRNG stops at a random number. This number is paired to the outcome of the spin.So, effectively, you are stopping the RNG yourself, without knowing on whichnumber it will stop. This guarantees randomness and fairness and you cannotaffect the outcome of the RNG.
But how doyou know when a pokie is going to pay out?
Unfortunately, you can’t. The RNG is totally random, hasno memory and cannot be influenced. The RNG has no idea whether you are winningor losing or rich or poor. It does not know what your current casino balance isand it does not know if a big payment is “due”.
But because the RNG is random and cannot base future outcomeson past results, sometimes you will have a lot of winning spins. Other times,you might have a larger amount of losing spins.
How To Win On Pokies In Australia
Best is to enjoy your wins and always know that every spin isnew and random. Do not go chasing losses en never think a pokie machine is duefor a big jackpot. It just doesn’t work that way.
What Percentage Do Pokies Payout
If you really want to increase your odds of winning,play pokies with the highest possible RTP. AS pokies from top gamingproviders like NetEnt often have RTP of around 97% or higher.