CasinoCityTimes.com

Gurus
News
Newsletter
Author Home Author Archives Author Books Send to a Friend Search Articles Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Recent Articles
Best of John Robison

Gaming Guru

author's picture
 

How do you calculate slot club cash back percentage?

23 November 2009

Can you tell me what I have to divide to figure the percentage payback of a slot club? Let's say, for example, you get 2 points for each dollar you put in the machine, and you need 1,000 points to receive $1.00 back. How do you determine that equation?

I thank you for your insightful articles.

Jason

Dear Jason,

Thanks for the kind words about my columns.

In your example you said that you need 1,000 points to get $1 back. How much action do you have to give to earn 1,000 points? If you get 2 points for each dollar played, you need to give $500 in action. $1/$500 = 0.2%.

The equation for cash back percentage is: Cash Back / (Points x DollarsPerPoint) x 100. Plugging in the numbers from your example: $1 / (1,000 x 0.5) x 100 = 0.2%.

Best of luck in and out of the casinos,
John


Send your slot and video poker questions to John Robison, Slot Expert, at slotexpert@comcast.net. Because of the volume of mail I receive, I regret that I can't reply to every question.

John Robison

John Robison is an expert on slot machines and how to play them. John is a slot and video poker columnist and has written for many of gaming’s leading publications. He holds a master's degree in computer science from the prestigious Stevens Institute of Technology.

You may hear John give his slot and video poker tips live on The Good Times Show, hosted by Rudi Schiffer and Mike Schiffer, which is broadcast from Memphis on KXIQ 1180AM Friday afternoon from from 2PM to 5PM Central Time. John is on the show from 4:30 to 5. You can listen to archives of the show on the web anytime.

Books by John Robison:

The Slot Expert's Guide to Playing Slots
John Robison
John Robison is an expert on slot machines and how to play them. John is a slot and video poker columnist and has written for many of gaming’s leading publications. He holds a master's degree in computer science from the prestigious Stevens Institute of Technology.

You may hear John give his slot and video poker tips live on The Good Times Show, hosted by Rudi Schiffer and Mike Schiffer, which is broadcast from Memphis on KXIQ 1180AM Friday afternoon from from 2PM to 5PM Central Time. John is on the show from 4:30 to 5. You can listen to archives of the show on the web anytime.

Books by John Robison:

The Slot Expert's Guide to Playing Slots