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Have you ever wondered how much money does a fruit machine hold? A couple hundred, a few thousand, or more? In this blog post, we answer all your questions about how much money fruit machines hold and explore if they need to pay out when they get full.
The results they produce, whether you win a little or hit the jackpot, are controlled by the Random Number Generator (RNG) chip. This sequencing tool helps keep slots unpredictable, random, and independent of previous spins at all times.
Therefore, the capacity of the slot machine does not matter. Fruit machines still have the same odds of winning, regardless of whether they have recently paid out a big win or have not paid out anything in a while.
Hold percentage is the percentage or portion of the money the casino keeps from punters’ wagers. It is calculated over a long period of time. Essentially, it is an estimated calculation of how much the casino may benefit from the slot over time.
For example, say a slot machine has a hold percentage of 3.5%. That means the casino theoretically retains or holds 3.5% of the wagers placed.
However, this amount is calculated over a very long time through hundreds and millions of spins. Therefore, it is possible that results do not reflect the hold percentage or the Return To Player (RTP) rate. The hold percentage ensures that the casino retains some profit from the slot game.
Additionally, the hold percentage may sound similar to the house edge, but they are different. The house edge explains the advantage the casino has over players, while the hold percentage indicates the profit the casino may make from casino games.
Slot machines are notorious for being the only game where no knowledge or skill is required to play the game. They are completely based on chance, and each result on a spin is random. However, this does not stop people from thinking they can somehow know when the slot is about to hit the jackpot or pay out.
The term “backing” originates from the same belief. Essentially, if a punter inserts money into a slot machine and hears the coin drop down, they assume it means the slot game is about to pay out. However, this belief is a myth. As mentioned, slot results are influenced by the RNG chip, so there is no way of telling when or if it will pay out.
The sound of the coin dropping down is not related to the machine’s payout habits. It is only a sound that happens when the coins travel to the fruit machine’s internal cash storage.
In conclusion, slot machines are not programmed to pay out when they get full. In fact, slot machines do not have any conditions outside the RNG chip that state when and how they should make payouts.
The idea of slot machine backing suggests that the casino is about to pay is a myth. It is nothing other than a mechanical sound the machine makes as it collects the coins. The best thing to focus on when playing a slot game is entertainment and not be focused on the potential wins.
Please gamble responsibly, and never chase your losses.
*All values (Bet Levels, Maximum Wins, etc.) mentioned in relation to this slot game are subject to change at any time.