Alberta Casino Payouts
While you may see that an online casino's payout rate is a certain percent, remember that number is an average of the payout rates for all their games. Any of the highest payout casinos audited by a respectable third-party organization should also have payout rates for individual games listed out. Even at the highest payout rate online casino, game choices matter quite a bit. And even if you’re at a casino with an overall lower RTP, that doesn’t mean you can’t win big. Here’s the breakdown for table games: Blackjack. All styles of blackjack are likely to have the highest payouts of any casino game.
All slot machines are not created equal, just as Canadian casinos do not all represent the same payout percentages on their slots. However, the inner mechanisms that make a slot machine tick are comparably orchestrated, in the same way that Canada’s gambling facilities all abide by the same regulatory framework.
If casinos in Alberta have been approved by the governmental officials, then it can operate in Alberta. Whether it is an online casino or a place where you can wager on horse racing, if it is a lottery or Bingo, it is approved in Alberta even though gambling overall in Canada is not completely legal.
Confused yet? You probably answered yes, and that’s exactly what most gambling venues would prefer. The less their patrons know about what makes slot machines tick, the more likely the casino is to make more money off of their clientele.
Most slots players walk onto the gaming floor with the predisposed notion that the games are based entirely on luck, which would effectively eliminate the need to wisely choose a particular casino or slot machine to play. That’s not exactly the case. In fact, we’re going to dispel a few myths here, and reveal just what goes on within the mechanizations of slot machines.
Who Determines the Payout Percentage?
There are three parties that weigh in on the payout percentage of any Canadian casino’s slot machines.
First, the respective provincial government sets a minimal payout standard. In Ontario, for example, the OLG requires a minimum 85% payout on all slot machines. All manufacturers and casinos in the region must maintain a percentage at or above that level.
Next is the game’s developer, who sets the percentage requested by the casino installing the device.
Third is the casino itself. While it’s not normal practice for a casino to adjust the payout percentage of its slot machines, it can be accomplished by altering the EPROM chip. However, a casino must request and receive permission to do so from regulators, with approved adjustments performed by a licensed slots technician under the direct supervision of a regulatory agent.
Can Casinos Control a Slot’s Precise Payouts?
No. A random number generator (RNG) decides with each spin of the reels what will occur, and how much will be paid out. Casinos can only choose the long-term payout percentage, but cannot regulate when the payouts will occur. Thus there is no better time (day or night) to play slot machines, and no predicting when a progressive jackpot will strike.
The actual weekly and monthly payout percentages may be higher or lower than a machine is set to pay, but in the long-term, the exact chosen percentage will be achieved. The RNG integrates genuine unpredictability into every slot machine. For this reason, a progressive could strike only once in a 10 year span, or three times in a single week.
Do Payout Percentages Apply to Individual or Collective Slots?
Every slot machine in a casino must be individually set to comply with the region’s payout standard. You will not find one slot machine set to pay 70%, with its neighbor set at 105% to offset the difference. All slots must meet the minimum 85% or higher payout percentages.
What Slot Machines have the Highest Payouts?
Slots that require higher coin denominations generally have higher payouts, even compared to cheaper slots with a max-coin multiplier.
For example, a $0.05 slot might take up to 3 coins, paying 1,000x for a jackpot on a 1-coin bet, 2,000 for a 2-coing bet, and 4,000x for a max 3-coin bet. On this type of machine, the 3-coin, $0.15 bet has the best payout percentage. However, a $1 slot machine that requires a minimum $1 bet per coin is likely to have a higher payout percentage for a single-coin bet than wagering the max 3 coins on a nickel slot.
What about Tribal Casinos?
All casinos in Canada, whether run by their respective provincial government or by a tribal organization, must abide by the same slot machine laws of their province, and that of the national standard. There’s no reason to expect the slots at a tribal casino or Canadian-run casino to be any higher or lower than the next.
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Alberta has no shortage of options when talking about brick-and-mortar casinos. There are almost 20 off-line casinos in total across Alberta, a province with a population of 4.15 million.
Regulated gambling in Alberta began in the mid-1960s after the provinces premier charitable casino was introduced at an annual fair in Edmonton. The first real casino opened up in Calgary in1980, followed by another one opening up the next year in Edmonton.
Most of the province’s casinos are located in the two biggest cities, Edmonton and Calgary, but there are several other locations sprinkled across the large province. The northern most casino is located in Fort McMurray, a town known for its oil fields.
In the southern part of the province, you’ll find a casino in Lethbridge, which many say is the most enjoyable location in the entire province. Casino Lethbridge has over 400 slot machines, plus it features entertainment almost every night. Take a break from playing the machines to grab a tasty bite to eat at the on-site restaurant and bar.
Casino Slot Payouts By State
If you’re looking for an Albertan retreat, you might want to look into Medicine Hat Lodge, the largest entertainment complex in the province. This resort boasts 27,000 square feet of gaming space and includes horse racing, slot machines and nightly entertainment. You can even spend some time on the golf course or at their unique aqua park.
For someone who loves to gamble, Alberta is a province filled with great casinos.
The legal age to gamble in Alberta is 18, different from most of the other provinces in Canada. If you are over this legalized age, you can gamble in the casino and online in this province. All gambling is regulated by the province of Alberta and oversees all activity. Before 2006, the Ministry of Gaming was terminated, meaning the AGLC now reports to the Ministry of Finance.
For online gamblers, the Albertan government does not oversee platforms like the ones listed below. All online platforms are not officially regulated by the province.
Online Casinos in Alberta
For gamblers in Alberta, and throughout Canada, there are plenty of online gambling sites to play on. Instead of having to go out in the Alberta Winter weather, you can sit in your own home and enjoy the great platforms created for your playing pleasure.
Online Casinos can provide all your favorite games, from slots to video poker, with tons of online playing bonuses to give you a better bang for your buck.
Alberta Casino Payouts Players Club
Here are the top Online Casinos enjoyed by Canadians:
- Jackpot City
With a 4.9 rating, Jackpot City is the most liked and visited online Casino in Canada. Get access to the 650 games on the Jackpot City platform from an iPhone, Android, desktop and/or tablet. You can even download Jackpot City’s software for an even better playing experience. The best thing about Jackpot City: claim a C$1,600 bonus for signing up!
With a 4.9 rating, Spin Palace is #2 on our list of Alberta’s best Online Casinos to enjoy. This web based and mobile platform pays out C$5 million a day and features some biggest continuous jackpots in Canada. Sign up to receive a C$1,000 bonus.
With a 4.7 rating, Ruby Fortune is our 3rd best Online Casino to signup for in Alberta. There is a C$750 bonus for new Albertan players and hundreds of great casino games to choose from.
From north to south, you’ll find many excellent locations in Alberta to gamble. This province is brimming with excitement and opportunities, and you’ll be among friends when spending time here.
From Calgary and Edmonton, the provinces largest cities, to smaller places like Fort McMurray and Lethbridge, Alberta is full of great casinos.
Frequently Asked Questions
