A game playing apparatus comprises means (6) for displaying, in advance of each play of the apparatus, an indication of an available pay-out which is selected on a random or pseudo-random basis from a plurality of possible pay-outs having different values. The apparatus further comprises actuating means for playing the apparatus in response to a payment of fixed value (e.g. coins or tokens entered at 4) and means (8) for dispensing the displayed pay-out upon playing the apparatus. The value of the pay-out may be less than, equal to or greater than the value of the payment for the corresponding play of the apparatus.