Slot machine payoffs, known as the takeout, can be adjusted quickly and easily by the casino. Most states simply require the casino to notify the state gaming regulation commission of the change. 66 views View 1 Upvoter. One of the most common ones is the belief that a casino can raise and lower a machine's payback with the flip of a switch. This is not true because the slot machines have a computer chip in them that determines the pay back percentage. These are set at the factory. In order for a casino to change the pay back, they would have to change the chip.
Dispelling Slot Myths
Old havana casino no deposit bonus codes. By Henry Tamburin
Personally, I have noticed that Caesars Casinos same to pay out smaller 'bonuses' than say Boyd, Station, or MGM slots. Also, WMS machines, for example, pay off poorly (by design) unless you hit a bonus round. So if a casino wants to 'tighten' its payoffs it is as easy as 'peppering' the playing field with certain brands or styles of slots. Casinos) can set the theoretical payout percentage of slots before play (usually slots come with a set of predetermined payout settings). Once in operation, slots don't do anything internally to adjust that preset theoretical payout (they don't become looser or tighter during game play. Which means: today’s modern casino can easily figure out, and adjust, how fast, on average, it wants to take the slot players’ bankrolls. And what makes it even more interesting, because of the vagaries of chance, “hit frequencies” of slots and other factors, a slot player may not even know a casino is taking their money.
Here are some popular misconceptions about slot machines and why they are false.
'Casinos can tighten or loosen the payback on a slot machine at will'
Many slot players believe that casinos can get more money from players by decreasing their paybacks on slot machines (tighten them) before a busy holiday weekend when the casino is crowded with players. The fact of the matter is that in most gaming jurisdictions they can't change a machines payback without first notifying the state regulatory agency with a lot of paperwork. In some states the local gaming commission must be present when the change is made. It's literally too much of a pain for casinos to lower the paybacks for a short period of time and then turn around and raise them.
Many slot players believe that casinos can get more money from players by decreasing their paybacks on slot machines (tighten them) before a busy holiday weekend when the casino is crowded with players. The fact of the matter is that in most gaming jurisdictions they can't change a machines payback without first notifying the state regulatory agency with a lot of paperwork. In some states the local gaming commission must be present when the change is made. It's literally too much of a pain for casinos to lower the paybacks for a short period of time and then turn around and raise them.
'She stole my jackpot'
You've either read the stories or seen it happen in person. A player is playing a machine then decides to take a break and some other player jumps in, plays, and hits the jackpot. If the first player would have played a little while longer that jackpot would have been hers. Right? Nope. The reason is that the likelihood that the first player would have hit that jackpot if she played longer is slim to none. A Random Number generator that the computer chip uses to determine the results of each spin is constantly running even if the machine is idle. The RGN spits out a sequence of random numbers hundred of times each second (remember each sequence of numbers corresponds to the symbols that you see on the reels). Whatever the RGN number was at the split second that you hit the spin button or pull the handle is used to determine the symbols on each reel. Therefore the likelihood that the first player if she stayed and played would have hit the spin button at the same exact time as the second player did is highly unlikely.
You've either read the stories or seen it happen in person. A player is playing a machine then decides to take a break and some other player jumps in, plays, and hits the jackpot. If the first player would have played a little while longer that jackpot would have been hers. Right? Nope. The reason is that the likelihood that the first player would have hit that jackpot if she played longer is slim to none. A Random Number generator that the computer chip uses to determine the results of each spin is constantly running even if the machine is idle. The RGN spits out a sequence of random numbers hundred of times each second (remember each sequence of numbers corresponds to the symbols that you see on the reels). Whatever the RGN number was at the split second that you hit the spin button or pull the handle is used to determine the symbols on each reel. Therefore the likelihood that the first player if she stayed and played would have hit the spin button at the same exact time as the second player did is highly unlikely.
'A Machine that just hit the jackpot won't hit again soon'
The RNG determines the results of your spin. It doesn't know or care what happened in the past. Your chance of hitting the jackpot on the next spin is the same regardless of when the jackpot was hit.
The RNG determines the results of your spin. It doesn't know or care what happened in the past. Your chance of hitting the jackpot on the next spin is the same regardless of when the jackpot was hit.
'You'll get a better payback if you alternate pulling the handle and hitting the spin button'
When you do either it tells the computer in the slot machine to get the number that was generated by the RNG, which will determine the symbols you see on each reel after they stoop spinning. The results will be the same regardless of whether you hit the spin button or pull the handle.
When you do either it tells the computer in the slot machine to get the number that was generated by the RNG, which will determine the symbols you see on each reel after they stoop spinning. The results will be the same regardless of whether you hit the spin button or pull the handle.
'Looser machines are placed near entrance ways to casinos to attract more players '
Back in the old days when slot machines were not as popular as they are today, that may have been the case. But nowadays slot managers order slots machines with nearly the same paybacks as their competitors for each denomination of machine and group slot machines by denomination and types on the casino floor.
Back in the old days when slot machines were not as popular as they are today, that may have been the case. But nowadays slot managers order slots machines with nearly the same paybacks as their competitors for each denomination of machine and group slot machines by denomination and types on the casino floor.
'Always ask the slot attendant where the better paying machined are located'
Slot attendants are hard working folks but they don't have any more knowledge then you or I as to which machine will pay off next. They'll offer advice on which machines to play if asked by players because if the player gets lucky and hits a jackpot they know they will receive a tip.
Slot attendants are hard working folks but they don't have any more knowledge then you or I as to which machine will pay off next. They'll offer advice on which machines to play if asked by players because if the player gets lucky and hits a jackpot they know they will receive a tip.
Server-based slot machines are now a reality. But are players ready?
By Bill Burton
I wrote an article about server-based slot machine more than five years ago. It was in April 2007 that the Nevada Gaming Regulators approved International Game Technology’s (IGT) sever-based gaming system, following the field testing of 20 machines. The server-based slots, also referred to as “downloadable slots,” were being touted as the future of casino floors.
I’d seen a demonstration of this technology a few years earlier at the Global Gaming Expo, the annual trade show for the gaming industry. Although the commission approved IGT’s system first, they aren’t the only slot maker with sever-based technology. WMS and Bally’s have spent millions of dollars in research and development of similar systems and they got approval shortly after IGT. Since that time, other gaming jurisdictions have approved the server-based slot technology, including California, New Jersey, New York, Connecticut, Indiana and Iowa.
Gift card slots. Gambling In the Cloud – How It Works
Truth About Slot Machines
Server-based slot games are connected to a central computer system. The slot machines on the casino floor are basically generic terminals. Different slot games can be downloaded into the slot cabinets. Slot managers will have the ability to change a slot machine’s games, denominations, and bonus payouts from a central computer server, rather than requiring technicians to perform the work manually.
Instead of having to buy a slot game that could soon go out of favor with the players, the server-based system gives the casino the ability to replace an unpopular game with a new one in a matter of seconds. This would save the casinos the expense of buying a completely new slot machine when they want to bring a new game onto the casino floor. They would merely pay a licensing fee for the particular game they downloaded.
Can Casinos Adjust Slot Machines
A Myth Comes True – gambling in the cloud
For years, slot players have believed a myth: that casinos can change the payback of a machine with the flip of a switch. They worried that the casino could tighten the machines during busy times (such as weekends), and then loosen them up to pay out more during the week.
With a server-based system, this myth could actually become a reality, as casinos will be able to change the payback of the machines, along with the denomination of the game, through the server.
The one consolation for the player is that the casinos must also deal with the regulatory requirements of their home state. In most jurisdictions, casinos must notify the regulators at least 24 hours in advance if they want to tighten the payout percentages.
Also, casinos can’t simply kick players off the slot machines if they want to switch themes. A machine must be idle for at least four minutes before themes are switched. No changes will be made while a customer is still playing the slots, or while any credits are left on the machine.
A Slow Transition
When the decision by the Nevada board was made in 2007, many gaming analysts predicted that the machines would start finding their way onto the casino floors and be in full swing by 2009.
In the article I wrote in 2007, I predicted that the proliferation of server-based slots would not happen by 2009 as some of the analysts forecasted. I did not think that players would readily accept this new technology of having the games residing on a server in some distant location. I had conducted an online survey for an internet site I wrote for, and I received hundreds of negative responses when I asked player how the felt about server-based games. The majority said they would not trust them.
My prediction proved to be correct for that time period. However, over the last few years there has been a shift in the way people have come to look at server-based products, and it really only took a simple name change to make the idea more acceptable.
We’re now in the age of “Cloud Computing or gambling in the cloud,” which is nothing more than having your data stored on remote servers that can be accessed from different computers or any device with an internet connection. Many of us have an online e-mail account through companies like Yahoo or Google, and we can easily check our e-mail remotely when we are not at our main computers.
Accepting the Cloud
There is no definitive answer as to who originally coined the phrase “Cloud Computing” although many credit Google CEO Eric Schmidt with making it popular. And of course when Apple started offering their iCloud service, where you can store your digital music online to access from any device, this only brought wider acceptance to keeping data on remote servers.
Regardless who was the first to use the term Cloud instead of server-based, it was a stroke of genius. In our minds, clouds are soft, puffy objects floating around the sky. It sounds friendly and non-threatening. In contrast, when you use the term “Server-Based” it evokes a completely different feeling. I would not be surprised if you start hearing server-based games being referred to as cloud-based games sometime in the future.
Regardless of what they’re called, our overall acceptance of remote data will probably mean that we will start to see more of these games on the casino floors.
In a press release in January of this year, IGT announced that Barona Valley Ranch Resort and Casino in San Diego, California went “live” just before Christmas in 2011 with the first IGT server-based gaming system and machines ever installed. Lee Skelley, assistant general manager of casino operations at Barona Valley Ranch Resort & Casino said, “For the first time, an up-to-the-second slot experience, customized to the players’ expectations, will become possible.”
The new Revel Casino that opened in Atlantic City earlier this year also offers server-based slot games on their casino floor. This may be the start of a trend that was predicted over five years ago, and I believe you will see more expansion in the near future. Classic slots app.
Of course, the final test of this new technology will lie in the hands of the players. If they do not accept and trust these systems, then other casinos will not be in a hurry to convert their casino floors. Only time will tell. However, if the games are fun and entertaining, I don’t think the players will care if they are located in the cloud or not.
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Until next time, remember: luck comes and goes, but knowledge stays forever. I hope you enjoyed this article of “gambling in the cloud“.
Bill Burton is the author of “1000 Best Casino Gambling Secrets” and “Get the Edge at Low Limit Texas Hold’em,” which are available online at www.billburton.com. He’s also an instructor for Golden Touch Craps: www.thecrapsclub.com