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Suppose you were spinning a slot machine with an RTP of 96%. Theoretically, for every $100, the casino will retain $4, and $96 will be paid out again as winnings. However, this doesn’t mean that you will personally win $96 for every $100 you play, as there are no guaranteed ways to beat the odds.
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Winning percentage can be calculated by dividing the number of wins by the total number of games played. The percentage can be displayed as a decimal less than or equal to 1, or as...
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