Horseplayersbet.com
10-27-2009, 02:48 PM
http://www.newsok.com/gamblers-begin-to-question-oklahoma-casinos-lack-of-payback-rules/article/3412263?custom_click=pod_headline_local-financial-news#
Lawrence Jones of Muskogee said he and several friends used to regularly take $1,000 into local casinos at least four or five days a week and come out winners.
No more, he said. He noticed the payback going down almost two years ago.
"They need to have a required payback,” Jones said.
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They don't let people know, because by law they don't have to.
The following made me do a search on slot paybacks:
In Kansas, the Kansas State Gaming Agency oversees Indian gaming. Four Indian tribes each operate one casino, said enforcement officer John McHatton. The state requires each gaming machine be programmed to pay back 80 percent, he said. "In Nevada, all gaming devices (slots) have a minimum payback of 75 percent, but it is usually much higher than that,” said Mike Wilson, chief legal council for the Nevada Gaming Commission and Control Board.
From Wire Services
Here is what I found. Vegas is around 92% payback.
http://americancasinoguide.com/SlotPayback/slotinfo.shtml
Lawrence Jones of Muskogee said he and several friends used to regularly take $1,000 into local casinos at least four or five days a week and come out winners.
No more, he said. He noticed the payback going down almost two years ago.
"They need to have a required payback,” Jones said.
**********************
They don't let people know, because by law they don't have to.
The following made me do a search on slot paybacks:
In Kansas, the Kansas State Gaming Agency oversees Indian gaming. Four Indian tribes each operate one casino, said enforcement officer John McHatton. The state requires each gaming machine be programmed to pay back 80 percent, he said. "In Nevada, all gaming devices (slots) have a minimum payback of 75 percent, but it is usually much higher than that,” said Mike Wilson, chief legal council for the Nevada Gaming Commission and Control Board.
From Wire Services
Here is what I found. Vegas is around 92% payback.
http://americancasinoguide.com/SlotPayback/slotinfo.shtml