Do you prefer $5, $1, $0.25, $0.05 or $0.01?
Here are the 2006 statistics straight from the Nevada State Gaming Control Board.
1 Cent 14.2%
5 Cents 10.6%
25 Cents 18.4%
1 Dollar 10.1%
Megabucks 0.4%
5 Dollars 1.6%
25 Dollars 0.3%
100 Dollars 0.2%
Multi Denomination 42.6%
Other Slots 1.7%
Loading …The Wynn is the very first Casino Review on Casino and Slot Review. It is appropriate that I start with the gold standard of casinos as my inaugural review. Steve Wynn built Las Vegas into the destination resort that it is starting in the eighties with the Mirage and later with the Bellagio. The Wynn is a 2.7 billion dollar casino on the Las Vegas Strip located where the Desert Inn was.
Vital Stats: The Wynn Website, 1900 Slots, 140 table games.
First things first. The Wynn is a great casino. It is weighted towards high-end players, big spenders. The initial calculations that I heard was that the Casino needed to profit $1,000,000 a day to pay for itself. It has done that and more.
Originally Wynn was going to call the casino ”Le Reve.” He thought better of that and uses that for the free show onsite.
I love this casino because everything is so well integrated and the customer service is superb. As a professional in the industry you quickly recognize the sophisticated use of the player loyalty system. They are prompt in sending offers to players via mail and email.
As a slot player there are some exciting things at the Wynn. Wynn has a lot of machines that are personallized with Wynn logos on the reels themselves. These are variants of the Blazing 7’s machines that can only be played at the Wynn.
Below is a poll about what you think best feature of the Wynn.
Loading …Would a Casino or a slot manager change a machine right before it is due to pay out?
It doesn’t make sense for the Casino to do that. The only thing that the Casino or the Slot manager looks at is the overall payout, not whether it is “due to hit.”
The operators in the industry look at what is called “coin in.” This means that they are looking at the total amount wagered in the machine.
So, for example, if you put in $10 and play for few minutes you may go up to $15 and then down to $5 and then up $20 and then down to $5 and then to zero dollars or to $20 to double your money.
Because you are winning and losing a little at a time that $10 that you put into the machine may mean that you actually bet $25 of money during your gaming session.
The slot machine manufacturers stand behind their payouts. The State or Government agency as well as the testing labs will stand by their tests of the machines as well. If they say that it will pay 90% then it will pay that and the casino will keep it in there based on that assumption. They will keep it in there even if in the short term it pays 150% or 50%.
So the answer is: Slot managers and Casinos keep machine in play as long as it is popular. They don’t care whether it pays a lot or a little in the short term as long as people are playing it.
Simple answer with no math: If you want to play while not losing too much money then play penny games at max coin, min bet per coin. (Bet $.20 or $.25 per spin for example.)
If you want to bet a lot and don’t mind losing then you should play quarter or dollar machines.
Here is the math behind it:
This means that if you play pennies and cover all lines on a 25 line game it will over time only cost you $16.50 per hour to play.
Compare that to a $3 bet on a dollar slot for a whopping $108 dollars an hour on a dollar machine and you see why pennies are so good.
BEWARE: IF YOU BET PENNY MAX LINE AND MAX COINS ON A PENNY GAME YOU WILL LOSE YOUR SHIRT!
Note: This is a simplied math model. The payback assumptions are general industry ranges and don’t illustrate what any individual machine will do. Also this would just be an average. The payout percentage is over time, not for each time that you gamble.
There are almost 1,000,000 slot machines installed in the US today.
The most important slot machine companies are listed below in general order from biggest to smallest. These manufactures have the largest presence on casino floors across the country.
IGT (The largest slot company by far)
Aristocrat (#2 in the US, an Australian company)
Bally (The oldest slot company, celebrating 75 years)
WMS (Chicago based company, used to make pinball machines)
AC Coin and Slot (associated with IGT)
Atronic (Privately held, has machines in most US casinos)
Konami (Part of the big video game company from Japan)
Ainsworth (another Australian company)
GTECH/(purchased Speilo to get into the slot business)
Loading …Some of the most successful slot machines currently are listed below. I have included choices of some of the most common slot machines that you find in casinos. (Blazing 7’s, Megabucks, Wheel of Fortune, Powerball, Cash Express/Millioniser)
Loading …Welcome to the Casino and Slot Review.
The aim is to provide unique information useful to people that visit casinos and play slot machines.
Slot machines are one of the most popular forms of entertainment in the US today.
Check out the information at my other site Casino and Slot Review over at google. Look there (and here as well) for frequent information about casinos, games, slots, strategies and other interesting information.
Loading …