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Payout % RNG
Posted: Mon May 03, 2021 11:39 am
How does the casino change the payout percentage in video keno if its the Random Number Generator that determines the odds? In other words, say a casino changes the payout % from 80 to 96, what changes in the RNG, if anything. I just can not get it in my simple mind. I think I am confusing odds with % payout but just like in my high school math classes its not sinking in.
Re: Payout % RNG
Posted: Mon May 03, 2021 12:04 pm
If it is a Class 3 machine, then the randomness is unaffected. What does change is the pay table (just like in video poker).
Say a casino is going to give you 50 cents for flipping a coin heads, and take 51 cents if you flip tails. The house has an edge on that bet, of 1%.
Now if the house wants a bigger edge, they might pay 50 cents for heads and take 55 cents for tails. Now the house has a 5% edge, with the same fair coin (but fewer people might take this bet).
It's similar for other games like Roulette and Black Jack. The cards aren't shuffled differently, they just pay out differently to modify the house edge.
So to answer your question plainly, nothing changes in the RNG. What the casino changes is the payouts when a certain number of spots are hit... which you can view on the pays screen any time. This is why it is important to understand pay tables and decide for yourself whether a game is worth playing or not.
Re: Payout % RNG
Posted: Mon May 03, 2021 4:22 pm
Eduardo wrote: ↑
Mon May 03, 2021 12:04 pm
What the casino changes is the payouts when a certain number of spots are hit... which you can view on the pays screen any time.
Examples from Vegas casinos:
Payouts shown above add up to about 90% on average.
These slightly improved payouts are mostly around 92%.
These payouts are among the best available. 5-spot is 94.95%, 6-spot 94.99%, 7-spot 94.92%.
Wizard of Odds has expected return info for many keno variants.