Calculating odds and probabilities for classic slot machine games with 3 reels with 10 symbols on each reel is simplicity itself. You just multiply the odds of hitting the proper symbol on each real times the likelihood of hitting it on one other 2 reels. The formula looks such as this in reality:
A quick explanation: if there are 10 possible symbols on each reel, then the odds of hitting 1 of the 10 is 1/10. The chances of hitting that same symbol on all 3 reels is the item of the chance of hitting it on each reel.A casino makes its money by having payouts that aren't equal to the actual odds of hitting the jackpot. In a case where you have a 1 in 1000 possibility of hitting a jackpot, in the event that you paid out 999 to 1 or 998 to 1, the difference in the payout versus the specific odds could be your resulting profit.
But progressive jackpots are often tremendous. Sometimes you may also find progressive jackpots of $1 million or more. In order to accomplish this, slot machine manufacturers had to become programmers, because realistically, a technical slot machine was restricted to 3 or 4 reels with 20 roughly symbols on each reel. A physical slot machine's reels are actual strips of metal, and having more than 20 symbols on all of them made them too large to truly operate the machine.But with a random number generator program, a casino can set up "virtual reels" by having an unlimited amount of symbols on each. They could also put up multiple reels. Since the odds of hitting the jackpot become much smaller, the quantity of the jackpot can be much larger.
Here's what the odds of hitting the jackpot are on a 3 reel machine with 30 symbols, and for a 5 reel machine with 30 symbols:If the odds of hitting the jackpot are 1 in 810,000, you might easily have a payout of $500,000 or even $600,000 and still maintain a solidly profitable slot game.Since progressive jackpots grow constantly until someone hits the jackpot, you may theoretically produce a positive expectation bet on a position machine game, IF the jackpot were large enough. In the aforementioned example, if the jackpot were $810,001, you'd be making a positive expectation bet.
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