The Lucky Chance spin is one of those things that has captured the attention of players. Some are curious whether it’s true odds (meaning the chances of winning a spin are the same as the percentage of the wager vs. the spin amount):
On the games that give a lucky chance spin, is there a house edge on this? Meaning if you have $80 and do a $100 spin, is your actual chance of winning 80%? If so, are these spins identical to a normal spin with say a 89% payback percentage, or do they adjust the payback on these spins?
William P.
You’ve got the right idea – the odds of getting that spin is true odds, because the house edge is already baked into the potential outcomes available when you do get that spin.
Casinos select their return to player (RTP) for their floor based on choices provided by a slot maker. That means over the long run, the potential range of options that a player can achieve on a slot will, over time, deliver that RTP.
The Lucky Chance spin is making an attempt to win a spin that is an outcome from that same range of options that has that RTP factored in. So there’s no need to further pad things with the Lucky Chance spin.
So, if you have $80 and attempt a $100 spin, you do indeed have an 80 percent chance of getting that spin. But if you do, the spin is still coming from the array of options that are working towards that 89% payback, using your example, and so if you kept doing Lucky Chance spins, over time you’d expect in the long run a similar approach to that same 89% payback.
In that way it’s a neutral choice how you wish to proceed, doing full price spins or attempting discounted ones – in the long run it’ll be a wash.
Have a question? Submit yours here!
