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When do pokies payout? We would all be rich and the pokie companies would not bother making pokies if we all knew when this would be the case, this being said you can watch for signs of when a pokie could be about to drop its load and make you happy. Let’s find out When do pokies pay out
Pokies are programmed with a payout threshold; this is usually a percentage of money paid out against what is put in the machine. An example is that a pokie may be programmed to pay out ninety-five percent of the money put. This means that if $100 is put in $95 would be given out, well if you think of it in a basic manner.
The truth beholds these payouts is that the payment percentage can actually be set as such that the pokie pays out $950 out of a $1000 put in so if you put $50 you won’t necessarily win $45 back, you could win more or less.
So the easiest way to know when do pokies payout is simply to watch the pokie. If you notice that one pokie player is pumping cash hand over fist into a pokie machine then you could find that if you take over the reins you could be in for a payout. This is because the previous player has loaded the pokie with money with little or no return so the pokie is more likely to payout against its percentage payout.
Pokies are more complex than a person could imagine, especially in this day and age of modern computer programming. If your looking to know when do pokies payout then take time to monitor the pokies first to see which ones are taking money and which ones are paying money out.
If you don’t want to go to your local casino then why not play pokies online at Platinum Play Casino.
How do you know if a pokie machine is hot or cold? And how do you know if you are going to win money or if you are going to lose money?
Before we answer these fundamental questions, we must delve into the mechanics of a pokie machine.
How does pokie actually work?
The return to player percentage is an essential part of how pokies work. The player’s return to player shows you how much of the money put into the machine goes back to the player.
The average online pokies have a return to player of around 95-96%. In other words, out of every dollar that you wager, the casino keeps 4-5% – the rest is returned to the player. Keep in mind, these are averages calculated over long periods.
The higher the return to player percentage, the better it is for the player. This means that a pokie pays out less than goes in. Not exactly rocket science. But how does the pokie determine when it has to pay a winning combination? And how high should this payout exactly be?
The pokie machine decides what to pay out and when based on two variables: the possible combinations and the Random Number Generator (RNG).
Every pokie has thousands, if not millions of possible results. These outcomes represent a certain payout. The payout could be zero (you lose), could be 2x your stake (a small win); or could be 10.000x your stake (a jackpot) and everything in between.
Most of the spins, you cannot win everything, sometimes you will win a small amount (2-5 times your stake), and once in a while, you will win a big prize. It may take you five years to win the highest jackpot payout.
If we divide all the possible payouts by the number of combinations, we have calculated the Return to Player percentage. Isn’t that cool?
In 45.5% of the spins, there will be a payout between 1 to 5 credits etcetera. The jackpot of 100,000 credits will only happen once in every 878,525 spins (on average).
Based on the result, the pokie shows a visual result on the screen. For instance, one spin could win you 5x your stake with five lemons on a pay line. The result of that particular spin is a win of 5x your stake; the visual representation is the five lemons on a pay line. So, the outcome determines what is shown on the screen, not the other way around!
And coming to the really good part. How does the pokie determine which outcome will be won by the player? That is when the Random Number Generator (RNG) comes into place. The RNG is the heart of every pokie.
The Random Number Generator (RNG): the heart of a pokie machine.
If the RNG is random, how in some days we can’t seem to lose, and other days we can’t seem to win anything?
Because the RNG is random and cannot define future outcomes on past results, sometimes you will have many winning spins (this is what we call being lucky, or a “hot” pokie). Other times, you might have a larger amount of losing spins (the pokie is “cold”).
So, by all means, enjoy your wins. Know that every spin is new and random. Do not go chasing losses and never think a pokie machine is due for a big jackpot. It just doesn’t work that way.
If you want to increase your odds of winning, play pokies with the highest possible RTP.
In our experience, Netent Online polies often have RTP’s of around 96.5 -97% or higher.
Your chances of winning on Netent pokies are quite higher than at a brick-and-mortar casino, where RTP’s are often lower than 92%!
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