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All of their casinos offer slot machines and five of them also offer blackjack, as well as other kinds of house-banked card games.
Florida gaming regulations require all of the pari-mutuel casinos to report how much their slot machines actually pay back to the public.
Additionally, each racino must post a sign in the casino showing the average monthly payback percentage for all https://artwinajans.com/best/best-craps-fire-bet-youtube.html their gaming machines.
Usually, the average for all of the casinos is around 92.
They say that their machines pay out at a rate comparable to the pari-mutuels, but no one knows for sure, and the topic is sometimes a source of controversy.
If you read reviews of Seminole casinos on Yelp, Tripadvisor, or on our website at americancasinoguide.
The procedure for deciding what a slot machine is set to pay back to the public is rather simple.
When a casino orders a slot machine the manufacturer will offer them a choice of chips to put in the machine and that chip is what controls the long-term payback percentage in that machine.
Generally, there are about six to eight different chips to choose from and the payback percentages can be as high as 98 percent to as low as 82 percent.
Casinos, almost universally, put the highest-paying chips in the highest denomination machines and the lowest-paying chips in the lowest denomination machines.
The lowest payback I ever heard of for a chip was about 80 percent, so I knew that the 60 percent number in the user reviews was not correct, but could there be some way to find out what the machines at the Seminole casinos really paid back to the public?
After a lot of research, I believe that I have correctly calculated this information and what follows is my story of how I did it, plus a simple formula to show how anyone can do it.
This is how a casino expects to make money on its games.
However, the casino knows that the longer you best casino tampa florida, the more likely your loss will approach the theoretical win for that particular game.
As an example, if you play a slot machine that has a 10% theo, then the casino would expect to keep about 10% of all the money you play through that machine.
learn more here, since this is gambling, anything can happen when you play that machine.
To track your play you are issued a card, best casino tampa florida to a magnetic-striped credit card, that is inserted into the machine and it will track your wins and losses, as well as the total amount of all your bets.
Naturally, the more you play on the machines, the more free stuff you will get from the casino.
When deciding how much to give you back in benefits for your play, the casino must first calculate your total theoretical loss to determine how much they have earned from you.
Then, based on that total, they will rebate a certain percentage back to you in the form of comps and free play.
Although I did not play much in the ensuing years, in late 2013 I began to play rather heavily and it continued through early 2017.
My game of choice was video poker rather than slot machines because there is a skill involved in video poker and I used software to learn how to play my hands properly.
Eventually, I played at an expert level that allowed the casino to have only a slight mathematical edge over me.
Overall, my results were pretty good as I hit quite a few royal flushes in 2016 and that helped me to come out ahead for my three years of play.
In early 2017 the casino made some changes to their video poker games, which made them less desirable, and I stopped playing.
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As a player, you wouldn't really know why one machine gave more comps, but you could correctly theorize that the machines that had a higher rate meant that the casinorpg goldfire was making more of a theoretical win from you and that's why they best poker apps ipad real money give you back more comps.
The comps you earned could then be spent like regular dollars at hotels, restaurants, bars, lounges and retail stores at any of the six Seminole Casinos.
Besides earning comps, each day's play also earned you status credits and those enabled you to reach a higher player's card level.
Interestingly, there was no information on a formula for how the status credits were earned.
As a player all you knew was that you could check your account each day to see how many status credits you earned for your previous day's play.
The player's club only has three tiers: Platinum, Elite and X Card.
All players start at Platinum and to reach Elite you need to earn 3,750 status credits within a three-month period.
X Card is reserved for the casino's biggest players, but there is no public information available on what is needed to attain that level.
I easily attained Elite level and after tracking the comps and status credits I earned each day, within a few months Best casino tampa florida began to realize that the status credits actually represented my total theoretical loss for each day.
I was able to confirm this through test play on certain machines, as well more info speaking with other knowledgeable players.
Once I knew that the earned status credits represented my total theoretical loss I was then able to compare that number to the total comps I earned on that same day and I realized that there was a relationship between those two numbers.
That https://artwinajans.com/best/best-classic-slots-app-2020.html was absolute and no matter what day I played, I found that I could always multiply the amount of my earned comps by 17 to determine my status credits theoretical loss for that day.
Since I now knew how to calculate my theoretical loss for the day, based on the comps I earned, I then realized that I would be able to calculate what the casino had set as its theoretical payback percentage for any electronic game on the floor.
How to Calculate the Best casino tampa florida Payback Percentage on a Slot Machine - I believe that anyone can calculate the theoretical payback percentage on any gaming machine in a Seminole Casino by using a formula that I created.
Deduct that number from 100, and you will then know the theoretical payback for that machine.
I found this method to be accurate and I tested it on dozens of machines at four different Seminole casinos.
One word of warning, however, is that I found the method to only be accurate for single-denomination machines.
If you play a multi-denomination machine the method cannot be relied upon to give you an accurate payback percentage for all of the denominations.
How Do Slot Paybacks at the Hard Rock in Hollywood Compare to the Other Local Casinos?
In trying to determine an average payback percentage for slot machines at the Hard Rock in Hollywood, I realized that it would not be possible to get an actual accounting and I would just have to make an educated guess based on the results of playing some machines in different denominations.
Therefore, I randomly played 10 different machines throughout the casino in three different denominations: pennies, quarter and dollars.
In the table below you can see the results for playing 10 random penny slots and the average theoretical return was 88.
For the 12-month period from July 2016 through June 2017, the pari-mutuel casino with the highest average returns was Magic City at 93.
How Do Returns on Best casino tampa florida at The Seminole Hard Rock Casino in Tampa Compare to Returns at Casinos in South Florida?
On the American Casino Guide website visitors can leave a review for any U.
The thinking seems to be that, once again, the machines are set to pay back at a very low rate, especially since the Tampa casino has no competition because the nearest non-Seminole casino is about 250 miles away.
That sentiment seemed somewhat logical to me so I thought I would investigate further by making a trip to Tampa to visit the casino.
I arrived late in the best casino tampa florida and I spent a few hours that evening, as well as a few more hours the next morning testing various machines using my formula.
My thought was to find some of the exact same machines I played at the Hard Rock in Hollywood and to see if the theoretical payback percentages were lower.
This turned out to article source harder than I expected as I found it difficult to find the same machines in the same denominations.
One other thing I noticed was that there did not seem to be too many penny slots.
Instead, the vast majority of the lower denomination games were two-cent slots.
This was not the case at the Hard Rock casino in Hollywood, where penny machines were abundant.
Eventually, I did find a few machines, in three specific denominations, that were the exact same as the ones I played in Hollywood and the table below shows how the results compared.
For penny games there were three machines I tested and, interestingly, all three had the same theoretical payback percentage as at the Hollywood Hard Rock.
I only found best casino tampa florida machines that were identical to ones at the Hollywood casino and, once again, the theoretical payback percentages matched up for both casinos.
On the first one, Triple 777 Red Hot Three Reels, the comps earned were the same as at the Hollywood casino.
This was great because the comp rate on every machine was matching up perfectly, so far, but that soon stopped.
A similar thing happened with the next machine I tested: Quick Hit Platinum.
The comp rate on this game was 41 cents which would equal a theoretical payback percentage of 93.
That machine gave 56 cents in comps, which would correspond to a theoretical return of 90.
This was very surprising as I thought they would be lower at the Tampa casino because they had no direct competition.
But what about all those player reviews complaining that the slots in Tampa paid less than the slots in Hollywood?
Well, my research showed that the machines were set to pay back at about the same rate in both places.
Penny machines are the most common denomination found in U.
For example, at the two Indian casinos in Connecticut, Foxwoods and Mohegan Here, penny machines make up about 60% of all the slots on the floor.
Since the Tampa casino has no competition, it could be that they were forcing players to make a higher average bet simply by having fewer penny machines available.
If so, a higher average bet would result in players losing their money faster, thus explaining the sour sentiments of some players.
Keep in mind best casino tampa florida the Hollywood casino would not be able to easily do the same thing because of competition from other casinos.
A player in Tampa would not have that option.
Now, looking back, it is true that one slot machine in Tampa did come in with a lower theoretical rate, but that could have simply been a mistake.
Sometimes mistakes are made and the rate could be set too high, or too low.
That could be what happened here, or perhaps it was intentional and there was a specific reason for that particular setting.
In conclusion, I hope that everyone reading this report understands that it is not a complete analysis of all machines at either casino.
To undertake such a project would have required a huge amount of manpower, plus a rather large bankroll to withstand the gambling losses that would be expected.
I am just one person who set out to investigate this subject as it is my area of expertise.
I have been writing about payback percentages at casinos for more than 25 years and I believe that my work is accurate.
Should anyone from Seminole casino operations want to present any further information on this subject I would welcome hearing from them.
I would be also be glad to print any rebuttal that they might want to send to me concerning this article.
Gambling is restricted in USA.
A few states such as New Jersey and Pennsylvania permit online gambling to persons over 21 years.
Land based casinos are popular and legal in most states.

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Hard Rock Casino & Resort | Hard Rock International
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Comments
All of their casinos offer slot machines and five of them also offer blackjack, as well as other kinds of house-banked card games.
Florida gaming regulations require all of the pari-mutuel casinos to report how much their best casino tampa florida machines actually pay back to the public.
Additionally, each racino must post a sign in the casino showing the average monthly payback percentage for all of their gaming machines.
Usually, the average for all of the casinos is around 92.
They say that their machines pay out at a rate comparable to the pari-mutuels, but no one knows for sure, and the topic is sometimes a source of controversy.
If you read reviews of Seminole casinos on Yelp, Tripadvisor, or on our website at americancasinoguide.
The procedure for deciding what a slot machine is set to pay back to the public is rather simple.
When a casino orders a slot machine the manufacturer will offer them a choice of chips to put in the machine and that chip is what controls the long-term payback percentage in that machine.
Generally, there are about six to eight different chips to choose from and the payback percentages can be as high as 98 percent to as low as 82 percent.
Casinos, almost universally, put the highest-paying chips in the highest denomination machines and the lowest-paying chips in the lowest denomination machines.
The lowest payback I ever heard of for a chip was about 80 percent, so I knew that the 60 percent number in the user reviews was not correct, but could there be some way to find out what the machines at the Seminole casinos really paid back to the public?
After a lot of research, I believe click I have correctly calculated this information and what follows is my story of how I did it, plus a simple formula to show how anyone can do it.
This is how a casino expects to make money on its games.
However, the casino knows that the longer you play, the more likely your loss will approach the theoretical win for that particular game.
As an example, if you play a slot machine that has a 10% theo, then the casino would expect to keep about 10% of all the money you play through that machine.
Now, since this is gambling, anything can happen when you play that best casino tampa florida />To track your play you are issued a card, similar to a magnetic-striped credit card, that is inserted into the machine and it will track your wins and losses, as well as the total amount of all your bets.
Naturally, the more you play on the machines, the more free stuff you will get from the casino.
When deciding how much to give you back in benefits for your play, the casino must first calculate your total theoretical loss to determine how much they have earned from you.
Then, based on that total, they will rebate a certain percentage back to you in the form of comps and free play.
Although I did not play much in the ensuing years, in late 2013 I began to play rather heavily and it continued through early 2017.
My game of choice was video poker rather than slot machines because there is a skill involved in video poker and I used software to learn how to play my hands properly.
Eventually, I played at an expert level that allowed the casino to have only a slight mathematical edge over me.
Overall, my results were pretty good as I hit quite a few royal flushes in 2016 and that helped me to come out ahead for my three years of play.
In early 2017 the casino made some changes to their video poker games, which made them less desirable, and I stopped playing.
Try an online casino for FREE.
We have best casino tampa florida 15.
No credit card needed, just sign up and start playing!
As a player, you wouldn't really know why one machine gave more comps, but you could correctly theorize that the machines that had a higher rate meant that the casino was making more of a theoretical win from you and that's why they could give you back more comps.
The comps you earned could then be spent like regular dollars at hotels, restaurants, bars, best casino tampa florida and retail stores at any of the six Seminole Casinos.
Besides earning comps, each day's play also earned you status credits and those enabled you to reach a higher player's card level.
Interestingly, there was no information on a formula for how the status credits were earned.
As a player all you knew was that you could check your account each day to see how many status credits you earned for your previous day's play.
The player's club only has three tiers: Platinum, Elite and X Card.
All players start at Platinum and to reach Elite you need to earn 3,750 status credits within a three-month period.
X Card is reserved for the casino's biggest players, but there is no public information available on what is click to see more to attain that level.
I easily attained Elite level and after tracking the comps and status credits I earned each day, within a few months I began to realize that the status credits actually represented my total theoretical loss for each day.
I was able to confirm this through test play on certain machines, as well as speaking with other knowledgeable players.
Once I knew that the earned status credits represented my total theoretical loss I was continue reading able to compare that number to the total comps I earned on that same day and I realized that there was a relationship between those two numbers.
That relationship was absolute and no matter what day I played, I found that I could always multiply the amount of my earned comps by 17 to determine please click for source status credits theoretical loss for that day.
Since I now knew how to calculate my theoretical loss for the day, based on the comps Here earned, I then realized that I would be able to calculate what the casino had set as its theoretical payback percentage for any electronic game on the floor.
How to Calculate the Theoretical Payback Percentage on a Slot Machine - I believe that anyone can calculate the theoretical payback percentage on any gaming machine in a Seminole Casino by using a formula that I created.
Deduct that number from 100, and you will then know the theoretical payback for that machine.
I found this method to be accurate and I tested it on dozens of machines at four different Seminole casinos.
One word of warning, however, is that I found the method to only be accurate for single-denomination machines.
If you play a multi-denomination machine the method cannot be relied upon to give you an accurate payback percentage for all of the denominations.
How Do Slot Paybacks at the Hard Rock in Hollywood Compare to the Other Local Casinos?
In trying to determine an average payback percentage for slot machines at the Hard Rock in Hollywood, I realized that it would not be possible to get an actual accounting and I would just have to make an educated guess based on the results of playing some machines in different denominations.
Therefore, I randomly played 10 different machines throughout the casino in three different denominations: pennies, quarter and dollars.
In the table below you can see the results for playing 10 random penny slots and the average theoretical return was 88.
For best casino tampa florida 12-month period from July 2016 through June 2017, the pari-mutuel casino with the highest average returns was Magic City at 93.
How Do Returns on Machines at The Seminole Hard Rock Casino in Tampa Compare to Returns at Casinos in South Florida?
On the American Casino Guide website visitors can leave a review for any U.
The thinking seems to be that, once again, the machines are set to pay back at a very low rate, especially since the Tampa casino has no competition because the nearest non-Seminole casino is about 250 miles away.
That sentiment seemed somewhat logical to me so I thought I would investigate further by making a trip to Tampa to visit the casino.
I arrived late in the day and I spent a few hours that evening, as well as a few more hours the next morning testing various machines using my formula.
My thought was to find some of the exact same machines I played at the Hard Rock in Hollywood and to see if the theoretical payback percentages were lower.
This turned out to be harder than I expected as I found it difficult to find the same machines in the same denominations.
One other thing I noticed was that there did not seem to be too many penny slots.
Instead, the vast majority of the lower denomination games were two-cent slots.
This was not the case at the Hard Rock casino in Hollywood, where penny machines were abundant.
Eventually, Click the following article did find a few machines, in three specific denominations, that were the exact same as the ones I played in Hollywood and the table below shows how the results compared.
For penny games there were three machines I tested and, interestingly, all three had the same theoretical payback percentage as at the Hollywood Hard Rock.
I only found two machines that were identical to ones at the Hollywood casino and, once again, the theoretical payback percentages matched up for both casinos.
On the first one, Triple 777 Red Hot Three Reels, the comps earned were the same as at the Hollywood casino.
This was great because the comp rate on every machine was matching up perfectly, so far, but that soon stopped.
A similar thing happened with the next machine I tested: Quick Hit Platinum.
The comp rate on this game was 41 cents which would equal a theoretical payback percentage of 93.
That machine gave 56 cents in comps, which would correspond to a theoretical return of 90.
This was very best casino tampa florida as I thought they would be lower at the Tampa casino because they had no direct competition.
But what about all those player reviews complaining that the slots in Tampa paid less than the slots in Hollywood?
Well, my research showed that the machines were set to pay back at about the same rate in both places.
Penny machines are the most common denomination found in U.
For example, at the two Indian casinos in Connecticut, Foxwoods and Mohegan Sun, penny machines make up about 60% of all the slots on the floor.
Since the Tampa casino has no competition, it could be that they were forcing players to make a higher average bet simply by having fewer penny machines available.
If so, a higher average bet would result in players losing their money faster, thus explaining the sour sentiments of some players.
Keep in mind that the Hollywood casino would not be able to easily do the same thing because of competition from other casinos.
A player in Tampa would not have that option.
Now, looking back, it is true that one slot machine in Tampa did come in with a lower theoretical rate, but that could have simply been a mistake.
Sometimes mistakes are made and the rate could be set too high, or too low.
That could be what happened here, or perhaps it was intentional and there was a specific reason for that particular setting.
In conclusion, I hope that everyone reading this report understands that it is not a complete analysis of all machines at either casino.
To undertake such a project would have required a huge amount of manpower, plus a rather large bankroll to withstand the gambling losses that would be expected.
I am just one person who set out to investigate this subject as it is my area of expertise.
I have been writing about payback percentages at casinos for more than 25 years and I believe that my work is accurate.
Should anyone from Seminole casino operations want to present any further information on this subject I would welcome hearing from them.
I would be also be glad to print any rebuttal that they might want to send to me concerning this article.
Gambling is restricted in USA.
A few states such as New Jersey and Pennsylvania permit online gambling to persons over 21 years.
Land based casinos are popular and legal in most states.

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