Choctaw Casino Payout Percentage

Posted on 3/23/202222.08.2017by admin

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How Much Does Choctaw Casino Pay
How Much Does Choctaw Casino Make

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Cold hard fact: Casinos make about 70% of their revenue off slot machines. They typically pay back around 85%, therefore basically you lose $15 on every $100 invested.
Most states with casino gambling either mandate minimum slot machine returns or require the release of public information on payouts. That’s not the case in Oklahoma and at least eight other states.

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.

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Relevant Legal Statutes on Gambling in Oklahoma*

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.

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

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:

7 Clans Casinos – Chilocco Gasino in Newkirk, 106 miles north of Oklahoma City.
7 Clans Casinos – First Council Casino Resort in Newkirk, near the border to Kansas.
7 Clans Casinos – Paradise Casino in Red Rock, 82 miles north of Oklahoma City.
7 Clans Casinos – Perry Casino, 65 miles north of Oklahoma City.
7 Clans Casinos – Red Rock Gasino, 82 miles north of Oklahoma City.
Ada Gaming Center – East, 85 miles southeast of Oklahoma City.
Ada Gaming Center – West, 85 miles southeast of Oklahoma City.
Apache Casino Hotel in Lawton, 86 miles southwest of Oklahoma City.
Artesian Hotel Casino Spa in Sulphur, 84 miles south of Oklahoma City.
Black Gold Casino in Wilson, 112 miles south of Oklahoma City.
Border Casino in Thackerville, 124 miles south of Oklahoma City.
Buffalo Run Casino & Resort in Miami, 89 miles northeast of Tulsa.
Casino Oklahoma in Hinton, 55 miles west of Oklahoma City.
Cherokee Casino & Hotel – Ft. Gibson, 80 miles east of Tulsa.
Cherokee Casino & Hotel – Grove, 100 miles northeast of Tulsa.
Cherokee Casino & Hotel – Ramona, 30 miles north of Tulsa.
Cherokee Casino & Hotel – Roland, 175 miles east of Oklahoma City.
Cherokee Casino & Hotel – Sallisaw, 160 miles east of Oklahoma City.
Cherokee Casino & Hotel – South Coffeyville, 70 miles northeast of Tulsa.
Cherokee Casino & Hotel – Tahlequah, 83 miles southeast of Tulsa.
Cherokee Casino & Hotel – West Siloam Springs, 85 miles east of Tulsa.
Cherokee Casino & Hotel – Will Rogers Downs in Claremore, 30 miles northeast of Tulsa.
Chickasaw Travel Stop – Davis West, 75 miles south of Oklahoma City.
Chickasaw Travel Stop – Wilson, 112 miles south of Oklahoma City.
Chisholm Trail Casino in Duncan, 79 miles south of Oklahoma City.
Choctaw Casinos & Resorts – Broken Bow, 235 miles southeast of Oklahoma City.
Choctaw Casinos & Resorts – Durant, 150 miles southeast of Oklahoma City.
Choctaw Casinos & Resorts – Grant, 200 miles south of Oklahoma City.
Choctaw Casinos & Resorts – Idabel, 240 miles southeast of Oklahoma City.
Choctaw Casinos & Resorts – McAlester, 130 miles southeast of Oklahoma City.
Choctaw Casinos & Resorts – Pocola, 195 miles east of Oklahoma City.
Choctaw Casinos & Resorts – Stringtown, 163 miles southeast of Oklahoma City.
Cimarron Casino in Perkins, 60 miles north of Oklahoma City.
Comanche Nation Casino in Lawton, 86 miles southwest of Oklahoma City.
Comanche Red River Hotel Casino in Devol, 125 miles southwest of Oklahoma City.
Comanche Spur Casino in Eldon, 75 miles southwest of Oklahoma City.
Comanche Star Casino in Walters, 25 miles southeast of Lawton.
Creek Nation Casino Bristow, 60 miles northeast of Oklahoma City.
Creek Nation Casino Eufaula, 135 miles east of Oklahoma City.
Creek Nation Casino Holdenville, 75 miles northeast of Oklahoma City.
Creek Nation Casino Muscogee, 50 miles southeast of Tulsa.
Creek Nation Checotah Casino, 120 miles east of Oklahoma City.
Downstream Casino Resort in Quapaw, on the border of Oklahoma with Missouri and Kansas.
Duck Creek Casino in Beggs, 35 miles south of Tulsa.
Gold Mountain Casino in Ardmore, 100 miles south of Oklahoma City.
Gold River Casino in Anadarko, 60 miles southwest of Oklahoma City.
Golden Pony Casino in Okemah, 72 miles east of Oklahoma City.
Goldsby Gaming Center in Norman, 21 miles south of Oklahoma City.
Grand Casino Hotel Resort in Shawnee, 38 miles east of Oklahoma City.
Grand Lake Casino in Grove, 80 miles northeast of Tulsa.
Hard Rock Hotel & Casino Tulsa in Catoosa, on the outskirts of Tulsa.
High Winds Casino in Miami, 89 miles northeast of Tulsa.
Indigo Sky Casino & Resort in Wyandotte, 90 miles northeast of Oklahoma City.
Ioway Casino in Chandler, 40 miles northeast of Oklahoma City.
Kickapoo Casino Harrah, 31 miles east of Oklahoma City.
Kickapoo Casino Shawnee, 38 miles east of Oklahoma City.
Kiowa Casino Carnegie, 94 miles southwest of Oklahoma City.
Kiowa Casino Hotel Red River in Devol, 125 miles southwest of Oklahoma City.
Kiowa Casino Verden, 57 miles southwest of Oklahoma City.
Lucky Star Casino Canton, 60 miles northwest of Oklahoma City.
Lucky Star Casino Clinton, 85 miles west of Oklahoma City.
Lucky Star Casino Concho, 35 miles northwest of Oklahoma City.
Lucky Star Casino Concho Travel Center, 35 miles northwest of Oklahoma City.
Lucky Star Casino Hammon, 120 miles west of Oklahoma City.
Lucky Star Casino Watonga, 70 miles northwest of Oklahoma City.
Lucky Turtle Casino in Wyandotte, 90 miles northeast of Oklahoma City.
Madill Gaming Center in Madill, 122 miles south of Oklahoma City.
Native Lights Casino in Newkirk, 106 miles north of Oklahoma City.
Newcastle Casino in Newcastle, 19 miles south of Oklahoma City.
Okemah Casino, 72 miles east of Oklahoma City.
One Fire Casino in Okmulgee, 45 miles south of Tulsa.
Osage Casino Hotel Bartlesville, 50 miles north of Tulsa.
Osage Casino Hotel Hominy, 44 miles northwest of Tulsa.
Osage Casino Hotel Pawhuska, on the outskirts of Tulsa.
Osage Casino Hotel Ponca City, 50 miles northwest of Tulsa.
Osage Casino Hotel Sand Springs, on the outskirts of Tulsa.
Osage Casino Hotel Skiatook, 17 miles north of Tulsa.
Prairie Moon Casino in Miami, 89 miles northeast of Tulsa.
Prairie Sun Casino in Miami, 89 miles northeast of Tulsa.
Quapaw Casino in Miami, 89 miles northeast of Tulsa.
Remington Park Racing Casino in Oklahoma City.
River Bend Casino Hotel in Wyandotte, 90 miles northeast of Tulsa.
River Spirit Casino Resort in Tulsa.
Rivermist Casino in Konowa, 75 miles southeast of Oklahoma City.
Riverwind Casino in Norman, 12 miles south of Oklahoma City.
Sac and Fox Nation Casino in Stroud, 60 miles northeast of Oklahoma City.
Saltcreek Casino in Pocasset, 50 miles southwest of Oklahoma City.
Seminole Nation Casinos – Seminole Nation Casino in Konawa, 60 miles southeast of Oklahoma City.
Seminole Nation Casinos – Trading Post Casino in Wewoka, 60 miles east of Oklahoma City.
Southwind Casino Braman, 106 miles north of Oklahoma City.
Southwind Casino Kanza in Braman, 106 miles north of Oklahoma City.
Southwind Casino Newkirk, 106 miles north of Oklahoma City.
The Stables Casino in Miami, 89 miles northeast of Tulsa.
Stone Wolf Casino in Pawnee, 106 miles north of Oklahoma City.
Sugar Creek Casino in Hinton, 55 miles west of Oklahoma City.
Texoma Casino in Kingston, 130 miles south of Oklahoma City.
The Black Hawk Casino in Shawnee, 40 miles east of Oklahoma City.
Thunderbird Casino Norman, 21 miles south of Oklahoma City.
Thunderbird Casino Shawnee, 38 miles east of Oklahoma City.
Tonkawa Gasino, 91 miles north of Oklahoma City.
Tonkawa Hotel & Casino, 91 miles north of Oklahoma City.
Trading Post Casino Pawnee, 57 miles northwest of Tulsa.
Treasure Valley Casino & Hotel in Davis, 75 miles south of Oklahoma City.
Washita Casino in Paoli, 52 miles south of Oklahoma City.
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.”

Some Basic Facts Related to Probability, the House Edge, Payback Percentage, and Return to Player

Probability is the branch of mathematics that deals with how likely an event is to happen. If you want to measure how likely you are to win a jackpot on a slot machine, probability is the way to figure that out.

But the word also refers directly to that likelihood.

In other words, if I say the probability of getting heads when I flip a coin is 50%, I’m not talking about that branch of mathematics. I’m talking about the actual statistical likelihood of that event.

You should understand a few things about probability in general.

How Much Does Choctaw Casino Pay

Probability is always a number between 0 and 1. An event with a probability of 0 will never happen, and an event with a probability of 1 will always happen. The closer to 1 the probability is, the more likely the event is to happen.

Probability can be expressed multiple ways. It can be expressed as a fraction, a decimal, a percentage, or as odds. The probability of getting heads on a coin flip can be expressed as 1/2, 0.5, 50%, or 1 to 1.

An event’s probability is the number of ways it can happen divided by the total number of possible outcomes. When you’re discussing a coin toss, you have two possible outcomes. Only one of those is heads. That makes the probability 1/2.

The probability that an event will occur added to the probability that an event won’t occur always equals 1. Therefore, if you know the probability that something will happen, you also automatically know the probability that it won’t happen, and vice versa.

The house edge is a statistical measure of how much the house expects to win (on average, over the long run) from every bet you make on a game. The house edge is a theoretical number that accounts for the probability of winning versus the probability of losing AND the payout if you win.

All casino games carry a house edge. In the short run, it doesn’t matter much, but in the long run, it’s the most important thing.

If I say a game has a house edge of 4%, this means that over time, you should average a loss of $4 for every $100 you bet on the game. This is a long run statistical average, though. In the short run, you’re unlikely to see results that mirror the house edge.

The return to player and the payback percentage are the same thing. Some writers use one to refer to the statistical expectation and the other to refer to the actual results, but most writers use these terms interchangeably.

The payback percentage added to the house edge always equals 100%. The payback percentage is the amount of each bet that you get back, and the house edge is the amount of each bet that the casino wins. Again, these numbers are on average over the long run.

A game with a 4% house edge has a 96% payback percentage.

In the United States, slot machine payback percentages are impossible to calculate and not posted on gambling machines. To calculate the house edge or the payback percentage for a casino game, you need two pieces of data:

The probability of winning
The amount of money you’ll win (the payoff)

Slot machines include their payouts on their pay tables, but they don’t include the probability of achieving any of the winning outcomes.

In some countries, the payback percentage is posted on the machines, but not in the United States.

To make things even worse for a slot machine player, the random number generator program can be set differently even if the slot machine is identical to the one next to it. You could be playing The Big Lebowski slots at Choctaw Casino in Durant, Oklahoma, and your buddy could be playing the identical machine right next to you.

The payback percentage on his machine might be 94%, and the payback percentage on your machine might only be 88%.

The difference comes from how the probabilities are weighted for each symbol. On one game, the bars might show up 1/4 of the time, but on the next, they might only come up 1/8 of the time.

This has an obvious effect on the payback percentage.

The payback percentage would be easy to calculate if you knew the probabilities. The payback percentage is just the total expected value of all the possible outcomes on the machine.

Let’s assume you have 1000 possible reel combinations. Let’s also assume that if you got each of those in order, from 1 to 1000, you’d win 900 coins.

The payback percentage for that game would be 90%.

You’d put 1000 coins in, and you’d have 900 coins left after a statistically perfect sampling of 1000 spins.

If you knew the payback percentage and house edge for a slot machine game, you could predict your theoretical cost of playing that game per hour in the long run. You’d only need to multiply the numbers of bets you made per hour by the size of those bets. Then you’d multiply that by the house edge to get your predicted loss.

Most slots players make 600 spins per hour. Let’s assume you’re playing on a dollar machine and betting three coins on every spin, or $3 per spin. You’re putting $1,800 per hour into action.

If the slot machine had a 90% payback percentage, you’d lose $180 per hour on that machine. You’d have $1,800 at the start of the hour and $1,620 at the end of the hour — assuming you saw statistically predicted results.

In the real world, though, where you’d be seeing short-term results, you’d see some hours where you won and some hours where you lost. If you played long enough, the Law of Large Numbers would ensure that you’d eventually see the statistically predicted results.

This is how the casinos make their money. In the short run, you’ll win some of the time. That will keep you playing.

But in the long run, the math will ensure that the casino will win a net profit.

How You Could Calculate a Payback Percentage Based on Actual Results

Of course, you have some data that you can directly observe when you’re playing slot machines.

But tracking this data and calculating the payback percentage on a specific session can add to your enjoyment of any slot machine game. It can make you more mindful because you’ll be paying more attention to what’s happening.

Here’s how to do it.

Start by tracking how many spins you’re making per hour. This is easy to do, but it takes more effort than you might think. It might help to get one of those clicky things people use to count stuff with. You will probably also need a stopwatch of some kind. I just use the timer function on my phone.

Make a note (mental is fine) of how much you’re betting per spin. It helps to bet the same amount.

Also note how much money you started with so that you can calculate how much you’ve won or lost. The slot machine will convert your money into credits. The easiest thing to do is to keep up with how many credits you had at the beginning of the session and again at the end of the session.

Now, let’s do the math using a hypothetical 45-minute session.

I made 300 spins in 45 minutes. I was betting $3 per spin, and I started with $600.

After my playing session, I had $500 left. At times I was up, and at times I was down.

But my net loss was $100. (My starting bankroll was $600, and I finished with $500.)

Over 300 spins, that means I lost an average per spin of 33 cents. $100 in losses divided by 300 spins is 33.33 cents per spin.

How much was I betting per spin?

Since I was playing a $1 machine, and my max bet was three coins, I was risking $3 per spin.

33 cents is 11% of $3, which means my actual loss was 11%. The machine paid back 89% for the session.

Does this mean that the payback percentage for the machine is 89%?

Probably not.

In the scheme of things, 450 spins is a small sample size. To have any confidence in your statistics, you really need to have at least 5,000 spins under your belt.

Even then, depending on how volatile the game is, your actual results might be wildly different from the mathematically expected payback percentage.

Here’s another example that will prove that point.

My friend Leo went to the Winstar last weekend and played the $5 slots. He started with $3,000, and when he left, he had $4,800, which means he had an $1,800 profit for the day.

He played for seven hours.

I’ve watched Leo play. He’s slow, but not much slower than average. He makes about 500 spins per hour.

This means that he made about 3,500 spins.

$1,800 in winnings divided by 3,500 spins is an average win of 51 cents per spin.

Since he was betting $5 per spin, his return was 10.3%.

His actual return for the trip on that slot machine was 110.3%.

I have friends who design slot machines for a living — more than one, in fact. They’ll be happy to tell anyone who asks that the algorithm is never set up to have a payback percentage of more than 100%.

What About the Casinos That Advertise a Specific Payback Percentage?

Some casinos advertise a specific payback percentage. This is almost always stated as an “up to” number.

So you might see an ad for a casino that says, “Payback percentages up to 98%!”

They’re almost certainly telling the truth, too. They probably have one slot machine in their casino that has a payback percentage of 98%. Of course, it isn’t labeled, so you don’t know which one it is.

And in the short run, which is what you’re going to be playing in as an individual gambler, there’s not much difference between a 98% payback percentage and a 92% payback percentage. You could walk away a winner or a loser at either setting.

Also, keep in mind that the games aren’t designed to tighten up after a win and loosen up after a lot of losing spins. That’s not how it works at all.

The machines are designed to allow you to win a certain specific percentage of the time because of the probability. Then there’s an average amount that you’ll win based on the payout for the specific combination of symbols that you hit.

But every spin of the reels on a slot machine is an independent event. You can hit a jackpot on a spin, and your probability of hitting the jackpot on the next spin hasn’t changed at all.

What About the Denominations and Location Reports I See Advertised on the Internet?

You’ll find websites like Strictly Slots and American Casino Guide which post payback percentages for specific denominations and specific casinos. These are AVERAGES.

These averages have little bearing on the machine that you’re sitting in front of.

For example,
you might be looking at a casino that reports an average payback percentage of 94% on its dollar slot machines. That casino might have half their machines paying off at 90% and the other half paying off at 98%.

And you won’t be able to differentiate between the two because the hit ratio might be the same from one of those machines to another.

What Do Hit Ratio and Volatility Have to Do With It?

The hit ratio is the percentage of time that you can expect to hit a winning combination on a slot machine. Something like 30% isn’t unusual, but it can vary 10% or more in either direction. The casinos want you to a hit a winning combination often enough that you won’t lose interest in playing the game.

But hit ratio is only part of the equation. The average size of the prize amounts is also important. Volatility takes this into account. A game that hits less often but has higher average prize amounts might have the same payback percentage as a game that hits more often but with lower payouts.

Either way, in the short run, it will be all but impossible to discover this number, too.

If you wanted to, you could track how many spins resulted in wins for you and calculate the percentage, but you’re facing the same obstacle you are with the overall payback percentage of the machine.

You just don’t know what it’s programmed to accomplish in the long run.

Online Slot Machines

Some online casinos post the payback percentages for their slot machine games. I think this information is of limited use, but I also think it’s fairer to the gambler than not providing them with that information.

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After all, table games are transparent. You can calculate the house edge for any casino table game there is because they all use random number generators with known quantities — cards, dice, and wheels.

There’s been a push to label food, both at the grocery store and at restaurants, with nutritional information that includes caloric amounts.

Requiring casinos to provide similar information about their gambling machines only makes sense.

We’ll see if it ever happens, though.

Conclusion

You can’t find the payout percentage on a slot machine — at least not in the United States.
I’ve heard that you can get this information on slot machines in Europe, but I’ve never seen an actual photograph of this kind of labeling.
You can, though, have some fun calculating actual payback percentages in the short run. This at least gives you something to keep track of while you’re playing slots, which is honestly one of the more mindless activities in the casino.

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