Gaming commissions typically require that slot machines have a minimum payout. The table games are regulated by the odds spread (only for perfect play, mistakes cost the player more money). Here in CO I believe it's 94%.
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Originally Posted by Sion
I read somewhere that (in New Jersey/Atlantic City at least) casinos are required to give back 97% of the money they take in...meaning that the rules of the games are such that the casinos' take is only 3% of all the $$ wagered.
I tried to verify by checking out the NJ Casino Commisions rules and regulations...but I dont have 3 months to wade through that document.
Can anyone verify this?
Assuming, for the moment, that this is true...imagine how much must be getting bet in order for them to make millions on a 3% cut.
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