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What Are the Odds of Winning on a Slot Machine? Slot machine odds used to be easy to calculate. When you’re dealing with three reels, ten symbols on each reel, and a limited pay table, then it’s just a simple math problem. But the rise of electromechanical slot machines and (later) video slots added some complexity to the situation.


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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.


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Indian casinos offer a chance to gamble close to home for people in the Midwestern and southern states.
States like Oklahoma have large Indian casinos that rival the acclaimed gambling joints in Las Vegas.
Slot machines make up most of these casinos.
Players will find penny slots, high stake slots, progressive machines and classic three-reel slot machines in any Indian casino.
Set a Bankroll By setting a spending limit before you start playing, you can play longer and keep a better eye on your money.
Divide the bankroll you have to spend at the casino by how many hours you plan to stay, and do not go over your total hourly budget.
Understand the Slot Machine Before You Play Before diving in to any new game, take a minute to read the instructions.
Since most of the slot machines at Indian casinos are video slots, you can find the instructions by pushing the help button on the interactive screen.
Read through the bet amounts, game rules and bonus features before you start playing.
Bet the Maximum on Progressive Slots There is a row or two of progressive slot machines in every Indian casino.
Every time someone places a bet in one of the slot machines, the jackpot rises for the entire row.
However, to get the full jackpot you must bet the maximum allowed.
If you do not want to bet the maximum, avoid these types of machines altogether.
Join the Rewards Club Larger Indian casinos offer a rewards club.
They are free to club slot machines and allow you to accumulate points, which convert into free slot machine play, discounts on hotel rooms or complementary meals.
You will be given a rewards club card once you sign up.
Insert the card into the slot machine before you start playing and you will rack up points quickly.
Considerations Indian visit web page, unlike Las Vegas, typically have a 18 and up age limit.
Therefore, most of the casinos, such as WinStar World Casino in Oklahoma, do not offer free alcoholic drinks.
However, they do have drink stations where you can get coffee and soft drinks.
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What is a slot machine? Slot machines are gambling games with three or more spinning reels. The reels display symbols that spin and land randomly to form potential winning combinations after a player places a bet. Wins are determined when certain symbols line up in a sequence; these are the paylines. An amount is awarded according to the size.


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Remember that most of the slot machines in an Indian casino are penny slots, with the average minimum bet at 20 cents and the average maximum bet ranging from $2 to $4. Betting the maximum each round could cost anywhere from $120 to $240 a hour. Understand the Slot Machine Before You Play


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Winds SSW at 5 to 10 mph.
Chance of rain 50%.
Winds SSE at 5 to 10 mph.
Chance of rain 80%.
How much is returned to gamblers through winnings remains a secret — not published by the tribes and not required by state or federal law.
Oklahoma Tribal-State Gaming Compacts do not require or include a minimum payback odds.
No federal or state law or guideline dictates payout percentages, Campbell said.
It seems like the longer the places casinos are there, the shorter the payback.
No more, he said.
Casinos in Muskogee or surrounding counties what are slot machine odds in oklahoma operated by the Cherokee Nation or the Muscogee Creek What are slot machine odds in oklahoma />The Cherokee Nation was the first tribe in Oklahoma to sign a state gaming compact, Meacham said.
Mike Miller, spokesman for the tribe and Cherokee Nation Entertainment gaming arm of the tribesaid CNE was not required to disclose its payout percentage.
When asked if payout percentages of club slot machines machines are changed often, Miller said all electronic games have a set payout percentage.
Those percentages are put into place through strict guidelines and regulations from the Cherokee Nation Gaming Commission, he said.
In Kansas, the Kansas State Gaming Agency oversees Indian gaming.
Four Indian tribes each operate one casino, said Enforcement Officer John McHatton.
The state requires each gaming machine be programmed to pay back 80 percent, he said.
Scott McDonald, also with the Tax and Licensing Division of the Nevada Gaming Commission and Control Board, said the sluggish economy is affecting gaming in Nevada.
The latest figures show gaming receipts are down 10.
Source: National Indian Gaming Commission Reach Donna Hales at 918-684-2923 or Jackie Carolyn Jenkins, 72, of Porter, OK, passed away on Tuesday June 11, 2019 in Tulsa, OK surrounded by her loving family.
Born September 10, 1946 in We are young money videos, TX, she was the daughter of Delton C and Leota Rubarts.
Jackie graduated from Porter High School in 1965.

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Slot machines don’t give player the opportunity to make multiple bets in combinations like craps or roulette, or to take advantage of ever-shifting odds as card counters do in blackjack. Nevertheless, slot machines players have tried systems play for generations. Ultimately, however, slot machine odds are unchanging, the same on every spin.


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This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.
Together, they cited information from.
This article has over 346,570 club slot machines, and 21 testimonials from our readers, earning it our reader-approved status.
If you love playing slot machines and want to get serious aboutyou need to find a loose slot machine.
A loose slot machine is a machine that has a higher than average payout.
With a little cleverness and planning you can be club slot machines large amounts in no time!
Play the maximum number of coins.
Many machines require that a player gamble with the maximum amount of money to have a chance at winning the jackpot.
Make sure you check the payout table to find out.
The payout table is a small printed sticker displaying the percentages of likelihood for the winning combinations.
However, this is a good method for regular slot machines as well.
Test the payout of your machine.
Whenever you sit down to a new machine you need to test the payout percentage.
Put in a few dollars and see how much you get back.
If you are, stay put!
It could be a loose slot machine!
If not, move to another machine.
Leave and find a better one.
Play multiple machines at once.
Experienced gamblers will often play two or three slot machines at the same time.
This is based off of the belief that loose machines are situated right next to tight machines.
These gamblers believe that increasing the number of machines they use increases their chance to find a loose slot.
Know when to stop playing.
Before stepping foot into the casino, figure out how much money you can afford to lose.
Never spend money that you need for other obligations.
Similarly, if you make a big profit, consider pocketing the profit and limiting your gambling to the money you came in with.
Adopting this system will minimize your losses.
Play machines with good payouts.
Typically, the more money you have to use to play, the higher the payout percentage is.
All of the rest can be standard machines.
This is a common myth.
The payout will stay the same over the course of a few weeks, if not years.
Progressive slot machines slowly accumulate money from players and display the total as a jackpot.
However, the odds are very, very slim.
These machines make what money deposit account casino money by reeling customers in with promises of a million-dollar jackpot and then fleecing them.
Otherwise, you may not be eligible for the jackpot.
To reach the payout percentage a machine has to pay out money periodically.
Therefore, if the jackpot is large, the machine might be ready to pay out.
These machines display multiple paylines, or the line of numbers or symbols that determine your winnings.
These machines typically have many possible winning combinations across the different paylines.
These machines usually have a lower payout percentage than your standard slot machine.
Casino slot machines typically have the highest payouts at 95%.
This means that for every dollar you put in, the machine is programmed to give back 95% of it at some point.
Other gambling locations such as airports, bars, grocery stores, and service stations typically stock machines that have a 50% to 75% payout.
Casino employees see thousands of people gambling every week.
Ask them if there have been any big slot winnings recently and if so where those machines are.
Similarly, ask them which machines club slot machines prefer to play themselves.
It may be against their company policy to pass that information along what are slot machine odds in oklahoma doing so may cost them their job.
Many people believe that casinos strategically place loose slots in high-traffic areas to encourage passerby to play.
Therefore, choose machines that are in highly visible places such as near the change booths or on elevated platforms.
Avoid low payout locations.
Many experienced gamblers avoid the main slot areas.
This is the location that the highly visible slot machines are trying to draw you to, and these machines are notorious for having low payouts.
Similarly, avoid the machines next to gaming table areas and ticket lines.
These machines might distract the customers that are spending lots of money on other things; therefore, the payout will be low to avoid drawing attention.
These machines are notoriously tight.
If I jackpot, is it a good idea to put another 100 or 200 in it to see if anything else hits, or is it done?
The machines are set to a particular payout rate.
They have absolutely no memory of the previous spins.
If you're playing on a video slot machine on a screen most are like this then it doesn't matter if you hit "stop.
However, if you're playing on a vintage mechanical machine that actually spins, pressing "stop" will affect your outcome.
Class 2 slot machines are generally found in smaller gambling locations.
The players are all playing against each other and competing for the jackpot.
The more people that lose money to the game, the higher the jackpot is.
Class 3 slot machines are more common in large gambling cities such as Las Vegas.
When using these machines players play against the House.
This means that their winnings come out of what are slot machine odds in oklahoma casino's pockets instead of from a jackpot.
However, this may vary based on location, so it's always best to check with the casino to be sure.
There is no set time frame, but they do it to keep players from becoming too familiar with certain "hot areas" of looser machines.
By scrambling things around periodically, they force players to hunt for the hot slots and spend more money while searching for them.
The remodel is also a writeoff.
From my experience they do.
This can be anything from a lucky coin to the hat you wore during your first gambling win.
Many casinos offer great comps for customers who use their slots card.
Be careful when taking the advice of other gamblers.
Article Summary To find a loose slot machine at a casino, start by trying machines that are in high-traffic areas, since these tend to have better payouts.
Avoid slots with progressive jackpots, since the chances of winning are slim.
Keep reading for information on how to time test the payout on a slot machine.
This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.
Together, they cited information from.
I took your advice and instead I played the what are slot machine odds in oklahoma machine which was a 2 credit machine.
I played the max 2 dollars and the first roll not only did I win, I won all my money back that I had lost.
You cant find any small slot machines.
Way to many lines and star machines.
I played only 5 machines and lost big.
No two ways about it, you have to be at the right machine at the right time.
Some people can walk into a casino one night and score it big, then go back the next and lose.
Walking out generally in thirty minutes or less with fifty dollars or more 9 out of 10 times.
If I hit at least 80, l start playing the dollar machine.
I let it roll about 20 times and then hit the max, and I usually win.
I have learned 8 things that I will utilize when I go to Reno.
I can't wait to go on this hunt.
Also, I'd have never thought to ask a employee!
How to plan your play, strategy, and when to stop, among other things.

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Slot Machine Odds Are Based On Bingo Game Odds!
I was going back when it was a dinky little building with about 40 slot machines and a bingo hall.
Back then it looked like any other bingo hall that had been around since the 1970's.
You could win back then but now that it expanded to this huge empire you can continue reading it.
If you play the slots then kiss your money good bye!
Anyone that tells you any different doesn't live in the area like I do or they work for the casino.
You will lose consistently.
You can't even when small jackpots to keep you interested in playing, like slot machines at casinos in other states.
This is hard to explain but I will try to do the best that I can.
The slots odds of winning are all based on bingo card games odds because of the Oklahoma state laws requires this to be the basis of a winner.
The reason why is because gambling in Oklahoma is illegal but bingo isn't so the casino basis everything off of bingo odds.
Look at the slot machines little LCD monitor on every slot machine in the casino and you will see a bingo card and if you push a next button you can change bingo cards until you see one that you fancy before every.
I have been going to Winstar for over 15 years to play and purchase cigarettes from the Indian reservation.
I was going back when it was a dinky little building with about 40 slot machines and a bingo hall.
Back then it looked like any other bingo hall that had been around since the 1970's.
You could win back then but now that it expanded to this huge empire you can forget it.
If you play the slots then kiss your money good bye!
Anyone that tells you any different doesn't live in the area like I do or they work for the casino.
You will lose consistently.
You can't even when small jackpots to keep you interested in playing, like slot machines at casinos in other states.
This is hard to explain but I will try to do the best that I can.
The slots odds of winning are all based on bingo card games odds because of the Oklahoma state laws requires this to be click to see more basis of a winner.
The reason why is because gambling in Oklahoma is illegal but bingo isn't so the casino basis everything off of bingo odds.
Look at the slot machines little LCD monitor on every slot machine in the casino and you will see a bingo card and if you push a next button you can change bingo cards until you see one that you fancy before every spin or game.
The casino has all of the slot machines hooked together and to a main frame computer.
This computer figures the odds of winning on a bingo games odds.
There can only be one winner in a bingo game.
The winner of the bingo odds isn't what are slot machine odds in oklahoma a big jackpot either but rather a win.
Which means the winner may only win the smallest jackpot on the pay table which usually means a very small jackpot especially if you put in the minimum bet.
Back when the casino had fewer machines you had more winners and bigger jackpots but the more slot machines they hook together is like adding more players to the same bingo game which means less winners.
Back when the casino was smaller I knew the guy that ran it and he explained all what are slot machine odds in oklahoma this to me.
He would tell me how the Indian reservations head honchos would go and argue with the state law makers to try and get gambling legalized.
They lobbied and backed politicians that they thought would be sympathetic to their plight.
Finally they struck a deal but no new laws were actually passed.
Instead the casino just bribed the state with entertainment tax.
Want to play blackjack?
You will have to pay 50 cents per hand to the house just to play a hand!
What other casino have you been to that does that?
Do you want to know why?
Because the state law states that gambling is illegal click at this page the only way to bend the laws so that the Indian reservation could have Blackjack was to bribe the state with a entertainment tax.
That's right, your 50 cents per hand goes to the state as a bribe for every hand played in the state of Oklahoma.
The state is making millions of dollars a year off of the blackjack tables.
This rings true with all card games.
If you are serious about playing slots then stay away because this casino's slot machines are now linked with all the other Indian casino's slot machines in Oklahoma.
This means even less winners.
This happened when the casino expanded and added all of these different country themes to their building.
It is a stupid way to run a casino and the odds are much worse than any other states slot machines.
If Vegas did this it would go broke because nobody would visit once word got out.
The problem with this casino is that it is the only one within a eighty miles and people aren't reading the reviews prior to going.
In other words the problem is much less publicized and Winstar is pouring millions of dollars into advertising in all the other states to bring in new suckers.
In the end if people will heed the warnings and stay club slot machines then just maybe the state will what are slot machine odds in oklahoma the laws so that the odds of winning are no longer based on a bingo game but the odds of the slot machine wheels like all other casinos in the world base just click for source jackpots on.
Of coarse if this does happen it doesn't mean that everyone will win but at least someone will.
More Show less All reviews rv park club slot machines casino players card winstar world casino this place is huge drink stations panda express non smoking self serve el fenix win star large casino poker room games dallas I've never been to a casino with such tight slots.
NO ONE is ever winning anything.
I guess as long as they have plenty of please click for source willing to sit which are progressive feed their hard-earned money into the slots without winning - why loosen them up?
With the millions they must be raking in you'de think maintenance would be handled.
Getting a waitress is nearly impossible and drinks are expensive.
There are no smoke-free restaurants.
Toby Keiths used to be, but now they prop open the doors and you have to choke on smoke while you try to eat.
If you go in the morning, be prepared to be rudely kicked off your machine so they can change the money box in your section.
What the heck - you're open 24 hrs - do this at night!
I been to winstar many time and still going there.
If you are hoping for a comp when spending thousand of dollars forget about it.
I say play table on the Beijing side is the best.
The pitboss are more nice then.
Do not even try to go get help from guest service.
They are TERRIBLE with all cap letters.
Do what are slot machine odds in oklahoma even bother about getting a player card because it a waste of 5 minutes of your fun time.
Good luck on your next trip people the slot are tight like the butt holes.
You may win a little but than it takes it back.
Plus its so cold in there, so if you go dress warm.
I haven't seen on one winning no jackpots what are slot machine odds in oklahoma />I won't be going back until they loosen up on the slot machines.
I really hesitated to go after the many negative reviews I read on this site.
I thought I would check it out for myself.
Stayed there on a Wednesday night.
Pretty empty compared to the times I have travelled through on a Friday or Saturday night.
When I have passed by on the highway during those particular days, the parking lot was very very full.
The hotel staff were very polite and accommodating.
Especially the man who helped us with our luggage was so kind and informative about the casino.
Once I made my way to the casino, the casino staff took the time to tell me about the machines on the floor.
Which ones were usually the pretty good ones to play.
I found the ones I played usually paid out, not what I expected, but I didn't lose.
This was on a penny machine.
I played it a couple more times and got bonus rounds both times.
Overall, I won my money back that I paid for the room and then doubled my money I used to gamble with.
I will definitely go back.
One more thing, the room was very clean.
I've traveled all over the US.
I've stayed at Casino's, 4 star hotels, even the occasional 3 star but this was a total "lack of class" experience.
If your going to stay at the hotel.
My wife and I went there for our 5 year anniversary.
I was shocked at how they assume everyone is low class.
You MUST pay your ENTIRE STAY up front.
That you'll get back 3-5 days after your stay.
This was new to us too.
I've never had to pay to gamble at a blackjack table.
Dealers weren't very personable.
Even when it was just the two of us wife and I at the table, it was hard to strike up a conversation with the dealer.
The room was 'OK' but not great.
Firm bed, medium class sheets, only about 15 TV stations available and only HBO for movies and no PPV that was worth a darn.
You'll have to ASK for a fridge for your room.
But don't expect them to be free.
It's not something most people notice.
It just looks like they were doing everything to save on construction costs.
And I what are slot machine odds in oklahoma my head on an exit sign in the middle of the hallway.
If your wanting a classy experience and don't want to just throw away money.
Yes, it's close to DFW.
However, not worth it in my opinion.
You'll pay more in the ante at the tables than you will in gas if you drive to Louisiana.
Taxes, fees not included for deals content.

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Summary of Oklahoma Slot Machine Casino Gambling 2019. Oklahoma slot machine casino gambling consists of over a hundred American Indian tribal casinos as well as two pari-mutuel racinos. The WinStar World Casino and Resort in Thackerville, about 124 miles south of Oklahoma City, is the world’s largest casino.


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How about the machines near https://bonus-slots-money.website/are/how-many-red-slots-are-on-a-roulette-wheel.html table games?
And are the machines near the coin redemption booths loose?
Join us on our journey for finding loose slot machines.
Slot players have formulated many theories about where casinos place their loose machines to aid them in their quest.
Before we can figure out where the loose machines are, we have to figure out what they are.
There is no U.
So, what is a loose slot machine?
Say we have two 94% payback machines.
I bet some people say yes and some say no.
Let me add a little more information to the scenario to see if it gives you an idea of why one person calls a 94% payback machine loose and another calls it tight.
What if I told you that one machine was a nickel machine and the other a dollar machine?
For most people who play nickel machines, a 94% machine is among the best-paying machines in their area.
For most people who play dollar machines, on the other hand, a click at this page machine is among the worst-paying machines in their area.
The person who called 94% loose probably plays lower-denomination machines, while the person who called 94% tight probably plays higher-denomination machines.
Let me add one more piece of information.
The dollar machine is a machine.
Dollar video poker players would rather have root canals on all their teeth with no anesthesia while their fingernails and toenails are ripped off than play a 94% payback machine.
They have many what are slot machine odds in oklahoma for a 94% payback machine, but loose is not one of them.
Looseness depends on your frame of reference.
Looseness is actually a comparison.
We should really be asking where the looser machines are.
So, what is a loose machine?
Quite simply, a loose machine is a machine that has a higher long-term than another machine.
The loose machines in a casino are those machines that have the highest paybacks.
These are the machines that will take the smallest bites out of your bankroll in the long run.
No wonder slot players are constantly searching for them.
Over the years, players have developed a number of theories about finding loose slot machines.
Casinos place loose machines near the entrances, for example, so passersby can see players winning and are enticed to enter the casino and try their luck.
The loose machines are also at the ends of the aisles to draw players into the aisle, where the tight machines are.
And, of course, a loose machine is always surrounded by tight machines.
You never have think, which slots are progressive useful loose machines side by side.
Similarly, the machines near the buffet and show lines are tight.
People waiting in line are just killing time and getting rid of their spare change.
Money goes in and rarely comes back out.
The machines near the coin redemption booths, on the other hand, are loose.
Players waiting in line for coin redemption are slot players and the casino wants them to see other players winning.
Seeing all those players winning will make them anxious to get back on the slot floor to try their article source again.
Finally, finding loose machines in highly visible locations is most likely.
These are the theories I can think of off the top of my head.
Maybe you know of some others.
Most of the theories have a basis in psychology.
To see why, please click for source have to look at how slot machines and slot floors have changed.
Picture a slot floor of 10-20 years ago.
The slot machines on a casino floor in that era are arranged in long what are slot machine odds in oklahoma, much like products out for club slot machines in a supermarket aisle.
The machines are placed using cold, mechanical precision.
The picture shows hundreds of slot machines all lined up in perfect rows like little soldiers.
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Compare that image with the slot floor layout at a club slot machines that was designed in the last five or so years.
Studies have shown that players feel very uncomfortable playing in long aisles.
One of the finding loose machines theories go here casinos placing loose machines at the ends of aisles to draw people into the aisles.
Having shorter aisles means having more machines at the ends of those aisles.
Can all of these machines be loose?
In addition to being uncomfortable in long aisles, players are also uncomfortable being put out on display for the other players.
Perhaps they feel like they might become a target if their good luck is too visible.
Instead of being in a fish bowl, visible to most of the slot floor, players in his niches can be easily seen by only the other players in that niche.
Another theory about loose machine placement is that casinos place them in highly visible areas.
Modern casinos still have highly visible areas, but the areas are visible to a smaller number of players.
A loose machine in this area will influence fewer players than before.
The last change in the slot floor that I want to mention is perhaps the biggest change of all.
Casinos used to have hundreds of slot machines.
Now they have thousands.
He and his management decided the hold percentage they wanted for each denomination and he ordered payback programs close to that percentage for his machines.
Furthermore, he said this was the common practice in Las Vegas.
As much as the slot floor has changed, the changes on the floor are dwarfed by the changes in the slot machines themselves.
They really do look like soldiers being inspecting, all standing at attention and in identical uniforms, or like rows of indistinguishable corn plants.
In fact, it looks like there are only three different games in the 10 machines in the first row in the picture.
I heard that one theory why Americans have gotten heavier is that we have access to a wider variety of foods today than we had before.
When meals consisted of the same thing time after time, it was easy to pass up second helpings of gruel and eat just enough to no longer be hungry.
Just as variety in food creates desire, so does variety in slot machines.
Back in the 1920s, a revolutionary change in slot machine design was paying an extra coin for a certain combination.
Adding a hopper to the machine in club slot machines electro-mechanical era made it possible for the machine to pay larger jackpots itself instead of requiring a handpay from a jackpot girl.
The computer also makes it possible to add more gimmicks to machines.
Each new generation of machines has crisper graphics and better sound than the prior generation.
Slot designers are working overtime to devise compelling bonus rounds that will keep players playing for just one more crack at the round.
How many people playing Wheel of Fortune are trying to win the jackpot?
Most people keep playing to get one more spin of the wheel.
Have the people putting forth this theory ever been near a craps table?
A craps table with a shooter on a hot roll has to be one of the loudest places — if not the loudest place — in the casino.
In any case, the casino can adjust the volume level on a machine.
The slot director can put a very quiet, loose machine near the tables and not disturb a single table games player.
Another problem with following a loose machine placement philosophy is that it limits the flexibility slot directors have in moving their machines around on the slot floor.
Slot floors have only a limited number of high visibility areas.
First, one slot director described an experiment he conducted in his casino.
He had a carousel of 5 Times Pay machines that all had the same long-term payback.
He ordered new chips to lower the payback percentages on a couple of the machines to see if anyone would notice.
The machines with the lower long-term paybacks received just as much play as the higher-paying machines.
In another seminar, a slot director shared the philosophy he used to place some machines that he had inherited from another property.
These machines, he said, had lower long-term paybacks than the payback he usually ordered for machines on his slot floor.
I put these lower payback machines in the spots that the books said should have the high payback machines.
He was ordering 10 Times Pay machines for his slot floor and he was concerned about the low hit frequencies available for those machines.
Machines with multiplying symbols tend to have low hit frequencies, and usually the higher the multiplier, the lower the hit frequency.
The slot director was afraid that his players would think the machines were very tight because they hit so infrequently.
He said that he ordered higher paybacks than he usually does for those machines in an attempt to offset the low hit frequency.
The machines would still have a low hit frequency, but at least the average value of a hit would be a little higher than if he had ordered a payback percentage nearer the percentage he usually ordered.
He hoped that would be enough to keep his players from thinking these were tighter than the other machines on his slot floor.
Although I think these anecdotes are the exceptions that prove the rule that some casinos at least order the same long-term paybacks for machines of a particular denomination, there is evidence that some casinos may not.
In any case, note that one philosophy said that loose machines create an atmosphere of activity and another said that high hit frequency machines also create an atmosphere of activity.
This is the perfect segue into what I think puts the final nail in the coffin about loose machine placement theories.
There is no correlation between long-term payback and hit frequency.
A low hit and what are loose and tight slot machines charming machine can have a high long-term payback.
High hit frequency machines, in addition, can have low long-term paybacks.
Larry Mak, author of Secrets of Modern Slot Playing, recently queried the Nevada Gaming Control Board to find out the payback reported on penny machines.
The Board said it was 90.
Most of the penny video slots have very high hit frequencies, yet the overall average long-term payback is very low.
The usual reasoning behind putting loose machines in highly visible areas is so slot players can see other players winning.
Maybe we should be more precise here and say that players will see other players hitting and assume that they are winning because they are playing loose machines.
Slot directors may try to place high hit frequency machines in visible areas to encourage play.
This philosophy says and implies nothing about the long-term payback of the machines.
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