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Category: Slot Machines

Better Returns Can Make for Bigger Losses

Better Returns Can Make for Bigger Losses

Dear Mark: If a larger denomination slot machine returns more, then how come when I play at a higher limit, like dollars versus quarters, I end up losing more money? Beth S. Even though the house edge is lower when you play larger-denomination-coin machines, you can also have a greater expected loss. Let’s see why. Using Nevada’s revenue statistics as an example, (the figures from other gaming jurisdictions will be within a percentage point or two) dollar slots pay back…

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