Average Casino Payout

 

Introduction to Oklahoma Slot Machine Casino Gambling in 2020

Oklahoma slot machine casino gambling consists of 131 American Indian tribal casinos, casino resorts, travel centers, and “gasinos” along with two pari-mutuel racetracks with slot machines.

No theoretical payout limits have been set for tribal casinos in Oklahoma. In addition, no return statistics are publicly available.

This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

The house has an edge on almost every bet in the casino, but the size of that edge varies dramatically depending on the game, or even between different bets within the same game. The house edge is represented as the average percentage of your bet that the casino will keep. A game with a payout percentage of 95%, for example, has a house edge of 5%. Casino Poker – 95.75% Average Payout Rate. The category of casino poker includes games like Caribbean Stud, Oasis Poker, Three Card Poker, Five Card Stud and Texas Hold’em. These games all offer different yet high payout rates that come together for a high average RTP across the board. The live casino versions of this are also high on his list.

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Relevant Legal Statutes on Gambling in Oklahoma*

Average Casino Payout
  1. The range for our most popular Casino positions (listed below) typically falls between $22,979 and $112,725. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills.
  2. This means you can work out how much you could win on average. For example, if a slot game payout percentage is 98.20%, the casino will on average pay out $98.2 for every $100 wagered.

The minimum legal gambling age in Oklahoma depends upon the gambling activity:

  • Land-Based Casinos: 18
  • Poker Rooms: 18
  • Bingo: 16
  • Lottery: 18
  • Pari-Mutuel Wagering: 18

In November 2004, Oklahoma residents approved a State-Tribal Gaming Act through a referendum. This vote enacted a model tribal gaming compact allowing tribes to use new gaming machines and card games. Based on this generic model, 31 tribes negotiated state-tribal compacts with the state of Oklahoma.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Casino

Slot Machine Private Ownership in Oklahoma

It is legal to own a slot machine privately in the state of Oklahoma if it is 25 years old or older.

Gaming Control Board in Oklahoma

Average Casino Payout

Oklahoma’s state-tribal compacts regulate tribal gaming in Oklahoma. However, the state of Oklahoma provides oversight under these compacts, which is the legal responsibility of Oklahoma’s Gaming Compliance Unit.

Based on the Oklahoma Gaming Compliance Unit Annual Report 2018, Oklahoma’s casinos prefer offering more Class II games due to Class III games requiring up to an extra 6% of revenue to the state.

The state also collects exclusivity fees from Class III machines. In 2015, 57% of all gaming machines in Oklahoma were Class III games.

Casinos in Oklahoma

As of mid-2019, 31 American Indian tribes operated 131 facilities offering Class III gaming through tribal-state gaming compacts with the state of Oklahoma. These locations include two racetracks offering pari-mutuel wagering and slot machines.

The largest casino in Oklahoma is also the largest casino in the world. This WinStar World Casino and Resort has 7,400 gaming machines.

The second-largest casino is Choctaw Casinos & Resorts – Durant with 4,300 gaming machines.

Commercial Casinos in Oklahoma

Oklahoma has no non-tribal, commercial casinos.

Tribal Casinos in Oklahoma

The 106 largest tribal casinos in Oklahoma, including two pari-mutuel racetracks with slot machines, are:

  1. 7 Clans Casinos – Chilocco Gasino in Newkirk, 106 miles north of Oklahoma City.
  2. 7 Clans Casinos – First Council Casino Resort in Newkirk, near the border to Kansas.
  3. 7 Clans Casinos – Paradise Casino in Red Rock, 82 miles north of Oklahoma City.
  4. 7 Clans Casinos – Perry Casino, 65 miles north of Oklahoma City.
  5. 7 Clans Casinos – Red Rock Gasino, 82 miles north of Oklahoma City.
  6. Ada Gaming Center – East, 85 miles southeast of Oklahoma City.
  7. Ada Gaming Center – West, 85 miles southeast of Oklahoma City.
  8. Apache Casino Hotel in Lawton, 86 miles southwest of Oklahoma City.
  9. Artesian Hotel Casino Spa in Sulphur, 84 miles south of Oklahoma City.
  10. Black Gold Casino in Wilson, 112 miles south of Oklahoma City.
  11. Border Casino in Thackerville, 124 miles south of Oklahoma City.
  12. Buffalo Run Casino & Resort in Miami, 89 miles northeast of Tulsa.
  13. Casino Oklahoma in Hinton, 55 miles west of Oklahoma City.
  14. Cherokee Casino & Hotel – Ft. Gibson, 80 miles east of Tulsa.
  15. Cherokee Casino & Hotel – Grove, 100 miles northeast of Tulsa.
  16. Cherokee Casino & Hotel – Ramona, 30 miles north of Tulsa.
  17. Cherokee Casino & Hotel – Roland, 175 miles east of Oklahoma City.
  18. Cherokee Casino & Hotel – Sallisaw, 160 miles east of Oklahoma City.
  19. Cherokee Casino & Hotel – South Coffeyville, 70 miles northeast of Tulsa.
  20. Cherokee Casino & Hotel – Tahlequah, 83 miles southeast of Tulsa.
  21. Cherokee Casino & Hotel – West Siloam Springs, 85 miles east of Tulsa.
  22. Cherokee Casino & Hotel – Will Rogers Downs in Claremore, 30 miles northeast of Tulsa.
  23. Chickasaw Travel Stop – Davis West, 75 miles south of Oklahoma City.
  24. Chickasaw Travel Stop – Wilson, 112 miles south of Oklahoma City.
  25. Chisholm Trail Casino in Duncan, 79 miles south of Oklahoma City.
  26. Choctaw Casinos & Resorts – Broken Bow, 235 miles southeast of Oklahoma City.
  27. Choctaw Casinos & Resorts – Durant, 150 miles southeast of Oklahoma City.
  28. Choctaw Casinos & Resorts – Grant, 200 miles south of Oklahoma City.
  29. Choctaw Casinos & Resorts – Idabel, 240 miles southeast of Oklahoma City.
  30. Choctaw Casinos & Resorts – McAlester, 130 miles southeast of Oklahoma City.
  31. Choctaw Casinos & Resorts – Pocola, 195 miles east of Oklahoma City.
  32. Choctaw Casinos & Resorts – Stringtown, 163 miles southeast of Oklahoma City.
  33. Cimarron Casino in Perkins, 60 miles north of Oklahoma City.
  34. Comanche Nation Casino in Lawton, 86 miles southwest of Oklahoma City.
  35. Comanche Red River Hotel Casino in Devol, 125 miles southwest of Oklahoma City.
  36. Comanche Spur Casino in Eldon, 75 miles southwest of Oklahoma City.
  37. Comanche Star Casino in Walters, 25 miles southeast of Lawton.
  38. Creek Nation Casino Bristow, 60 miles northeast of Oklahoma City.
  39. Creek Nation Casino Eufaula, 135 miles east of Oklahoma City.
  40. Creek Nation Casino Holdenville, 75 miles northeast of Oklahoma City.
  41. Creek Nation Casino Muscogee, 50 miles southeast of Tulsa.
  42. Creek Nation Checotah Casino, 120 miles east of Oklahoma City.
  43. Downstream Casino Resort in Quapaw, on the border of Oklahoma with Missouri and Kansas.
  44. Duck Creek Casino in Beggs, 35 miles south of Tulsa.
  45. Gold Mountain Casino in Ardmore, 100 miles south of Oklahoma City.
  46. Gold River Casino in Anadarko, 60 miles southwest of Oklahoma City.
  47. Golden Pony Casino in Okemah, 72 miles east of Oklahoma City.
  48. Goldsby Gaming Center in Norman, 21 miles south of Oklahoma City.
  49. Grand Casino Hotel Resort in Shawnee, 38 miles east of Oklahoma City.
  50. Grand Lake Casino in Grove, 80 miles northeast of Tulsa.
  51. Hard Rock Hotel & Casino Tulsa in Catoosa, on the outskirts of Tulsa.
  52. High Winds Casino in Miami, 89 miles northeast of Tulsa.
  53. Indigo Sky Casino & Resort in Wyandotte, 90 miles northeast of Oklahoma City.
  54. Ioway Casino in Chandler, 40 miles northeast of Oklahoma City.
  55. Kickapoo Casino Harrah, 31 miles east of Oklahoma City.
  56. Kickapoo Casino Shawnee, 38 miles east of Oklahoma City.
  57. Kiowa Casino Carnegie, 94 miles southwest of Oklahoma City.
  58. Kiowa Casino Hotel Red River in Devol, 125 miles southwest of Oklahoma City.
  59. Kiowa Casino Verden, 57 miles southwest of Oklahoma City.
  60. Lucky Star Casino Canton, 60 miles northwest of Oklahoma City.
  61. Lucky Star Casino Clinton, 85 miles west of Oklahoma City.
  62. Lucky Star Casino Concho, 35 miles northwest of Oklahoma City.
  63. Lucky Star Casino Concho Travel Center, 35 miles northwest of Oklahoma City.
  64. Lucky Star Casino Hammon, 120 miles west of Oklahoma City.
  65. Lucky Star Casino Watonga, 70 miles northwest of Oklahoma City.
  66. Lucky Turtle Casino in Wyandotte, 90 miles northeast of Oklahoma City.
  67. Madill Gaming Center in Madill, 122 miles south of Oklahoma City.
  68. Native Lights Casino in Newkirk, 106 miles north of Oklahoma City.
  69. Newcastle Casino in Newcastle, 19 miles south of Oklahoma City.
  70. Okemah Casino, 72 miles east of Oklahoma City.
  71. One Fire Casino in Okmulgee, 45 miles south of Tulsa.
  72. Osage Casino Hotel Bartlesville, 50 miles north of Tulsa.
  73. Osage Casino Hotel Hominy, 44 miles northwest of Tulsa.
  74. Osage Casino Hotel Pawhuska, on the outskirts of Tulsa.
  75. Osage Casino Hotel Ponca City, 50 miles northwest of Tulsa.
  76. Osage Casino Hotel Sand Springs, on the outskirts of Tulsa.
  77. Osage Casino Hotel Skiatook, 17 miles north of Tulsa.
  78. Prairie Moon Casino in Miami, 89 miles northeast of Tulsa.
  79. Prairie Sun Casino in Miami, 89 miles northeast of Tulsa.
  80. Quapaw Casino in Miami, 89 miles northeast of Tulsa.
  81. Remington Park Racing Casino in Oklahoma City.
  82. River Bend Casino Hotel in Wyandotte, 90 miles northeast of Tulsa.
  83. River Spirit Casino Resort in Tulsa.
  84. Rivermist Casino in Konowa, 75 miles southeast of Oklahoma City.
  85. Riverwind Casino in Norman, 12 miles south of Oklahoma City.
  86. Sac and Fox Nation Casino in Stroud, 60 miles northeast of Oklahoma City.
  87. Saltcreek Casino in Pocasset, 50 miles southwest of Oklahoma City.
  88. Seminole Nation Casinos – Seminole Nation Casino in Konawa, 60 miles southeast of Oklahoma City.
  89. Seminole Nation Casinos – Trading Post Casino in Wewoka, 60 miles east of Oklahoma City.
  90. Southwind Casino Braman, 106 miles north of Oklahoma City.
  91. Southwind Casino Kanza in Braman, 106 miles north of Oklahoma City.
  92. Southwind Casino Newkirk, 106 miles north of Oklahoma City.
  93. The Stables Casino in Miami, 89 miles northeast of Tulsa.
  94. Stone Wolf Casino in Pawnee, 106 miles north of Oklahoma City.
  95. Sugar Creek Casino in Hinton, 55 miles west of Oklahoma City.
  96. Texoma Casino in Kingston, 130 miles south of Oklahoma City.
  97. The Black Hawk Casino in Shawnee, 40 miles east of Oklahoma City.
  98. Thunderbird Casino Norman, 21 miles south of Oklahoma City.
  99. Thunderbird Casino Shawnee, 38 miles east of Oklahoma City.
  100. Tonkawa Gasino, 91 miles north of Oklahoma City.
  101. Tonkawa Hotel & Casino, 91 miles north of Oklahoma City.
  102. Trading Post Casino Pawnee, 57 miles northwest of Tulsa.
  103. Treasure Valley Casino & Hotel in Davis, 75 miles south of Oklahoma City.
  104. Washita Casino in Paoli, 52 miles south of Oklahoma City.
  105. WinStar World Casino and Resort in Thackerville, 124 miles south of Oklahoma City.

Other Gambling Establishments

As an alternative to enjoying Oklahoma slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Oklahoma is:

  • North: Colorado Slots and Kansas Slots
  • East: Arkansas Slots and Missouri Slots
  • South: Texas Slots
  • West: New Mexico Slots

Each of the links above will take you to my blog for that neighboring U.S. state to Oklahoma.

Our Oklahoma Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in Oklahoma? If so, join our new Oklahoma slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Oklahoma. Join us!

Payout Returns in Oklahoma

No theoretical payout limits are legally set by Oklahoma’s state-tribal compacts. Further, no return statistics are publicly available.

Summary of Oklahoma Slot Machine Casino Gambling in 2020

Oklahoma slot machine casino gambling consists of over a hundred tribal facilities with electronic gaming machines existing as casino resorts, casinos, convenience stores, travel centers, bingo halls, and more.

Gaming regulations come from a generic tribal-state compact, used by 31 tribes in Oklahoma to legalize Class II bingo-style and Class III Las Vegas-style gaming. It does not include theoretical payout limits nor require that tribes make return statistics publicly available.

Annual Progress in Oklahoma Slot Machine Casino Gambling

Over the last year, Bordertown Casino and Arena closed when the Eastern Shawnee Tribe decided to reassess its business plans and close the facility in December 2019. Also, the Texoma Gaming Center in Kingston became the Texoma Casino.

In early 2020, Governor Kevin Stitt of the State of Oklahoma demanded the state’s tribes update their tribal-state compacts. At issue was an attempt to improve the state’s gaming revenue by increasing income from exclusivity payments for monopoly casino rights. Ultimately, Oklahoma’s tribes united against the Governor, resolving the “bitter feud.”

Related Articles from Professor Slots

Other State-By-State Articles from Professor Slots

  • Previous: Ohio Slot Machine Casino Gambling
  • Next: Oregon Slot Machine Casino Gambling

Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC

If you are a keen slots player then you will know that one of the most useful pieces of information about a slot that you can discover is the payout percentage for the game.

Unfortunately, the term is ripe for misunderstanding and novice slot players often misunderstand what the term actually means, which can lead to them having totally unrealistic expectations of how much they can expect to win on a slot from any given session.

Average Casino Payout

This can then lead to them feeling frustrated, cheated even and less inclined to play the slot again, which is a shame as it is their misunderstanding that is the issue, not the slot or casino in question.

The problem often stems from misunderstanding what the term 'payout percentage' actually means and how it is applied on the slot.

So in this article, we'll attempt to explain clearly what this means.

What is a payout percentage?

A payout percentage is simply the percentage of the total amount of money that the slot will take in over a typical amount of time, that it will pay out back to players in the form of winnings.

That percentage can range from as little as 75 percent up to around 98 percent.

In essence, that is what payout percentage is. There is nothing more to it, but unfortunately, many people choose to think that this means that out of all the money they spend, they will expect to receive back between 75 and 98 percent back in winnings.

That is indubitably not the case and this misunderstanding occurs because people do not understand how the payout percentage is worked out, nor how the winnings used to calculate that amount, are paid out to players.

Suffice to say that a payout percentage is absolutely NOT a statement of how much of your wagering money you can expect to receive back in payouts on average.

Here's why:

Payout percentage - The number of spins

The first thing to note is that when an organisation such as eCOGRA tests the veracity of the claim that a slot has a payout percentage of X per cent, then they run a series of tests to authenticate that claim.

This involves spinning the reels of the slot millions of times in order to generate what the actual payout percentage is of the slot.

It is only when the reels of the slot are spun a huge amount of times that the payout percentage shows any meaning. As such, it is a statistic which is only meaningful for the casino, rather than the player who is unlikely to have the funds or time to spin a slot the many hundreds of thousands of times needed in order to generate payouts of the percentage levels of the slot.

On fewer spins, numbering 10,000, 1,000 or less, there can be a huge difference to the stated payout percentage. A slot may seem to run 'hot' and payout considerably more than the payout percentage (even run at a loss over that period of spins), whereas at other times it may seem to run 'cold' and pay out considerably less than the stated payout percentage.

The key thing to note here is that for a player, the number of spins they play is usually so small, that payout percentage is almost irrelevant. The more spins you play the more relevant the payout percentage becomes, but only if you spin the reels thousands of times over a sustained period.

Even then the payout percentage is still only an average mark. Sometimes the slot will pay out more over one million spins than the stated percentage, other times less, but usually these measures will average out to give a mean percentage level.

Therefore, it is best to view the payout percentage as simply a measure of how much the machine pays out over millions of spins and not really relevant to your chances of success.

Payout percentage - Structure of payouts

The other key aspect to the payout percentage to understand is how the payouts of a machine are structured and that this is equally important to understanding why you are not likely to earn back 75 to 98 percent of what you spend.

The best way to do this is via a hypothetical example. So let's say I developed a slots machine that has a payout percentage of 95% and let's say that in a typical month, this machine generates 1,000,000 in revenue from players playing 1,000,000 spins in that period.

If my hypothetical machine then followed the payout percentages exactly, then 5 percent of that 1,000,000 (50,000) is the casino's operating profit from the machine. That leaves 950,000 to be shared between all the players.

However, slot machines are designed to offer a range of awards, paying out smaller rewards more often and the big jackpot prizes less frequently. Let's say that my machine has paid out one large jackpot prize of 500,000 in the last month, plus three other smaller jackpot prizes of 100,000 apiece.

That means just four lucky players have accounted for 800,000 of the payout percentage. Out of 1,000,000 spins, that means just 0.0004 percent of players have accounted for 84.2 percent of the total payout percentage.

That means the remaining 99.9996 percent of players have just 150,000 in winnings to share amongst them from 9,999,996 spins. You don't need to be a mathematics genius to realise that therefore the vast majority of players of this hypothetical slot would receive a payout that is nowhere near the stated payout percentage.

However, four lucky players have receive a payout well in excess of the payout percentage! Sounds a bit like a lottery, right?

The structure of how your slot pays out is key to understanding that payout percentage is not a figure of how much you will win on average, but simply how much the machine pays out on average over a massive number of spins. Furthermore, how often a machine pays out top prizes, will also mean that the vast majority of players will not experience a payout percentage anywhere near what is stated.

That isn't an error, or misleading, simply a fact that over small sample sizes, the averages stated in the payout percentage are irrelevant.

So while payout percentages may not be useful in letting a player understand how much of their stakes they'll win back, where they are useful to punters is in giving them a comparative measure to judge which machines are most likely to offer them a return.

In theory, you are more likely to win playing a slot with a 95 percent payout percentage than you are a slot with a 75 percent payout percentage.

However, once again, because the number of spins you play will be so small, the chances of you noticing a difference between the slots is negligible. It is entirely plausible that you will play the 75 percent pay out slot and win more than the 95 percent payout percentage slot.

So the key lesson to learn about payout percentages is not to think they are stating how much you will win back on average in your session, but that they are a simple, general tool to assess how profitable the machine is for the casino.

Playing games of chance, which includes lotto, keno, scratch cards, slots, and many other games, can bring massive wins for the lucky. Take these games for what they are. And remember, there's no harm in trying your luck!

Average Casino Payout History

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