During the month, players also check whether slot machines pay better on certain days. As suggested, during a time when players have the most money to bet, is when there is a higher probability for a player to get paid way more. The dates when you can get paid more are on the first and the last day of the month. Jul 12, 2020 During the month, players also check whether slot machines pay better on certain days. As suggested, during a time when players have the most money to bet, is when there is a higher probability for a player to get paid way more. The dates when you can get paid more are on the first and the last day of the month. There are certain times of day that are more 'high traffic' than others. Assuming the slots in question are progressives, particularly of the 'must hit by ' variety, during the higher traffic times there will be more money getting pumped into t. Dear Mike, A machine cannot be programmed to pay out better at certain times of the day. States require that the odds on each spin be the same, and that would not be possible if the machine paid out better at certain times. Best of luck in and out of the casinos.
For years slot players have believed a myth that the casinos could 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 more during the week. With the new server based system this myth could actually become a reality as they can change the payback of the machines through the server. ' I found my answer at casinogambling.com
Clayton said Nevada regulations prohibit casinos from offering one player a better chance of winning than another. But in reality, casinos already play favorites by offering different levels of rewards for members of their slot clubs. Casinos also single out high rollers at table games with better complimentary offers.
But regulators in other jurisdictions may consider whether they want to allow their casinos the ability to give $1,000-a-night players better odds than $100-a-night players to encourage more play from the big spenders.'
I am done with slots, period.
'A Myth Comes True
For years slot players have believed a myth that the casinos could 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 more during the week. With the new server based system this myth could actually become a reality as they can change the payback of the machines through the server. ' I found my answer at casinogambling.com
It always HAS been possible to do that--it's a myth that it is a myth.
I remember, on several occasions, watching a slot tech use a key to make a menu come up on the screen of a video slot, and selecting a payback percentage from that menu. He didn't even have to open the machine. Five choices: 1) 97.4% 2) 95.9% 3) 94.0% 4) 92.4% 5) 91.2%. Select one. Turn the key. Boom. Done. That makes me laugh when I read that it would be impractical and take too much time to manually change all the payback percentages on the casino floor. (And I saw the scene described above as long as fifteen years ago, so the capability has been there for quite some time.)
'The Missouri regulators, for example, were making the rounds with the hypothetical issue of whether casinos should be banned from allowing better slot paybacks to players who gamble more - a feature that is possible with server-based games.
Clayton said Nevada regulations prohibit casinos from offering one player a better chance of winning than another
That's only partly right. A high-roller absolutely has better odds on a slot game than a low-roller because the models are different on a $100 machine than on a 5c machine. It's also okay to give a player who bets more a better return within a single machine -- that's what *every* multiplier slot does when they bonus the last coin. Same thing with VP games and the bonus pay on a royal. I think the issue is whether the same machine being played at the *same level* should have a different payback based on some external criteria like comp points, but even then the effect of the comp rewards on higher players makes the net payback better anyway, so.
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It always HAS been possible to do that--it's a myth that it is a myth.
I remember, on several occasions, watching a slot tech use a key to make a menu come up on the screen of a video slot, and selecting a payback percentage from that menu. He didn't even have to open the machine. Five choices: 1) 97.4% 2) 95.9% 3) 94.0% 4) 92.4% 5) 91.2%. Select one. Turn the key. Boom. Done. That makes me laugh when I read that it would be impractical and take too much time to manually change all the payback percentages on the casino floor. (And I saw the scene described above as long as fifteen years ago, so the capability has been there for quite some time.)
Nobody who knows slots would dispute that. However, it would be impractical to open every machine and change the return on a daily or weekly basis. The myth is that some guy in the back room can change the return on any machine from his desk because he doesn't like your polka dotted hat, or any other reason he wishes. However, with server based slots, now he can. As noted, in Nevada he has to wait until the machine has been idle for four minutes, and then is has to be down another four minutes.
You guys obviously know your games of chance. My original question, Is there a particluar time and day of week that is better to play slots with a greater chance of winning? ANd additional are there any other factros that should be considered; size of crowd, denomination, minmax bet, type of slot game, player level, parent company, .
Time of the day, day of the week, size of crowd: Doesn't matter.
Denom, Min bet: Definitley does matter, the higher the denom, the higher the return (generally).
You would also be advised to avoid slots with fancy signs with a movie or television theme, as these are usually set to around 88%, which for slots is pretty low. Then again, they may provide more entertainment value.
Do Slot Machines Pay Better On Certain Days Ahead
You would also be advised to avoid slots with fancy signs with a movie or television theme, as these are usually set to around 88%, which for slots is pretty low. Then again, they may provide more entertainment value.
Modification to that: when they first bring those kind of slots out, the slot techs generally set them to the highest available payback, to garner interest, then after a few weeks, they tighten them up. One slot tech told me that since just about all themed slots have bonusing games, the determinant for the variable payback percentages is usually the frequency of the bonusing game--nothing else is usually altered.
So if you see what looks like a very new themed slot, it might be worth a fun play for a while--it'll cost you less now than later.
I have one secret location in Vegas where all the Monopoly machines are set to 97.4%, per the slot tech I know who works there.you can play for HOURS on those machines without getting wiped out. He said that he was told to leave those machines at the highest setting in order to increase play in an area that gets a lot of foot traffic, but that traffic is usually going somewhere else. The frequency of the bonus games makes people stop and take a look, and hopefully, sit down and play. (He also told me that the rest of the Monopoly machines in the casino were set to 92%.)
Do Slot Machines Pay Better On Certain Days Later
He said that he was told to leave those machines at the highest setting in order to increase play in an area that gets a lot of foot traffic Slots lv casino no deposit bonus codes.
If they wanted to attract the players, wouldn't it make more sense to advertise the generous payout rather than keep it a secret?
In general, I don't quite understand how loosening the games on low traffic days will help the casino, unless they make it known to the public. I kinda take the lack of that advertising as an indirect confirmation of Wizard's point, that they don't do this as a rule, because they either see it as too cumbersome or just not good for the business.
Sure, they could just leak the info discreetly, so that people, who hear the rumor think they'd just been let in on a huge secret, and run to the casino . But in that case, they also don't have to actually increase the payout - they just need to allude that they are going to .
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Modification to that: when they first bring those kind of slots out, the slot techs generally set them to the highest available payback, to garner interest, then after a few weeks, they tighten them up. One slot tech told me that since just about all themed slots have bonusing games, the determinant for the variable payback percentages is usually the frequency of the bonusing game--nothing else is usually altered.
Correct me where I'm wrong, but I thought that it was standard on 'participation games' that the return is set close to 88%. For those who don't know, participation games are ones where the casino and the slot maker share in the revenue. They generally have some kind of branded theme and very fancy signage and machines. I'm sure the brand being promoted gets a cut too. I was quoted saying as much in a LV Sun article about a year about, on the Sex and the City slot machine, and I heard IGT got very mad. The next week the Sun ran a puff piece praising slots.
You're welcome! In an 8/5 game, the jackpot would have to reach 37,704 coins to reach 100%, assuming you have to play 20 coins to win it. Assuming only 8 coins, the meter would have to reach 15,082 coins. https://mattersdownload.mystrikingly.com/blog/new-rival-casinos. On a 7/5 machine and 20 coins required the meter would have to reach, 46,956 coins. These figures assume you are playing the proper strategy for these pay tables with a per coin payoff for a royal flush of 800. As the jackpot grows some strategy adjustments are called for to more aggressively try for the royal. These adjustments were not calculated in this answer. It doesn't make any difference what the coinage is.
Each frame in these video slots is weighted equally. Any given line is equally likely to produce any given combination. Thus, the return is the same regardless of the number of coins played.
Thanks for the kind words. I have barely heard of teams of slot players doing this. However, this is very common with progressive video poker players. There are teams of these professional players who routinely check the meters and when they find one high enough they call their teammates in an attempt to monopolize the machines until somebody hits the jackpot.
The problem with slots is that it is not clear to the player what the odds are of hitting the jackpot so it is not obvious what the jackpot size has to reach for the machine to become profitable. Plus, it probably rarely happens that a meter gets high enough to overcome the house edge.
If the odds against something are 4 to 1 then there are 4 chances it won't happen and one chance that it will. So, in this example, the probability would be 1/5. It doesn't matter what the probability is, if the events are independent then the past does not matter.
None of these factors matter. Walk away when you're not having fun any longer.
For variable-state slots, you have to know what the positive point is for that model of machine. For example, on the Piggy Bankin' slot machine, I think it becomes positive when there are about 40 credits in the bank. At that point the player is supposed to play one coin at a time until the bank is hit. The book Robbing the One-Armed Bandits by Charles Lund (1999) covers specific positive points for various machines, however many of the machines covered in that book are now hard to find.
As for how to determine when a progressive jackpot is unusually high, you'll either have to observe it over a long period of time or find someone who has done the same. For example, SlotCharts.com keeps data on progressive slots at online casinos. But even when a progressive slot is unusually high, it's impossible to know at what point it becomes high enough to be a positive-expectation game without knowing how the probabilities on the machine are programmed. In my section Deconstructing Megabucks I attempt to figure out when the jackpot is large enough to have a player advantage.
Update: Since this question was published, SlotCharts.com is blocked to U.S. traffic.
Thanks. This is a good question and I wish I had a firm answer. The exact answer depends on the theoretical return of both machines, and nobody ever reveals this information. Yes, you do get a better return in general on dollar machines than quarters, but you are giving up the max-coin bonus. I think the house edge will do down about 2% making the jump from quarters to dollars. However, without reel weightings, I can't tell you the cost of not playing max coins. My general advice is to find a slot machine without a max-coin incentive and then bet one coin at a time.
You're right, the mathematical answer is that it doesn't matter. I would choose the machine either randomly or based on environmental factors. My highest priority is that if there were any smokers in the vicinity I would sit as far from them as possible. Otherwise I would distance myself from any loud noises, including other players. Free steampunk images. If the machines were crowded I would pick an aisle machine, giving me a little more elbow room and one less neighbor.
I believe that most online slots have a fixed return, regardless of the coinage. This is unlike slots in real casinos, which return more the greater the coinage. What you should do depends on your priorities. If you want playing longevity then you should play as little as possible per spin. If you want hope for a big win then you should play as much as possible per spin. However the house edge is likely the same either way.
No. If your goal is a small win then you should be playing low volatility, high hit frequency games. High five slots. I can't suggest any particular games but look for ones with comparatively small jackpots. These will also help you to play longer.
I've been asked about these North Carolina slot machines so many times I'm tempted to fly there just to see them for myself. Free jacks or better card game. Yes, if they did give the probability of each symbol for each reel then an optimal strategy and a return could be fairly easily calculated. However I have never actually seen such a table and have never worked out the odds.
The odds are exactly the same on a one line, 10 line, and n-line video poker machine. When you get a trash hand in 100-play you can expect to get about 36% of your original bet back. In 10-play it is still 36% but there is more volatility. In 1 play it is still 36% but you can get lucky and get a high paying hand on the draw. In other words you are more likely to hit it big on the draw in single play, but at the expense of lots more non-paying hands.
For purposes of determining the game outcome the slot machine does not consider how many lines you bet or how much per line. The only thing that matters is the exact nanosecond you pressed the spin button. Random numbers drawn at exactly that time will determine the outcome, since the machine is picking numbers even when you're not playing.
The Wynn invited me to a slot tournament with the following prize structure. 1st place: $1,000,000
2nd place: $150,000
3rd-6th place: $25,000
7th-8th place: $20,000
9th-50th place: $5,000
The cost is $25,000, and the tournament is limited to 50 players. It is easy to see the expected win is $30,000. However, it is a huge long-shot. What would be the required bankroll for entry to be a sound bet under the Kelly Criterion?
The Kelly Approximation is the advantage divided by the variance. The possible outcomes are a win of 39, 5, 0, -0.2, and -0.8 times the bet amount. The advantage is (1/50)×39 + (1/50)×5 + (4/50)×0 + (2/50)× -0.2 + (42/50)×-0.8 = 0.2.
The variance is Expected(win2) - (Expected(win))2 = (1/50)×392 + (1/50)×52 + (4/50)×02 + (2/50)× -0.22 + (42/50)×-0.82 − 0.22 = 31.4192
Do Slot Machines Pay Better On Certain Days Ahead
You would also be advised to avoid slots with fancy signs with a movie or television theme, as these are usually set to around 88%, which for slots is pretty low. Then again, they may provide more entertainment value.
Modification to that: when they first bring those kind of slots out, the slot techs generally set them to the highest available payback, to garner interest, then after a few weeks, they tighten them up. One slot tech told me that since just about all themed slots have bonusing games, the determinant for the variable payback percentages is usually the frequency of the bonusing game--nothing else is usually altered.
So if you see what looks like a very new themed slot, it might be worth a fun play for a while--it'll cost you less now than later.
I have one secret location in Vegas where all the Monopoly machines are set to 97.4%, per the slot tech I know who works there.you can play for HOURS on those machines without getting wiped out. He said that he was told to leave those machines at the highest setting in order to increase play in an area that gets a lot of foot traffic, but that traffic is usually going somewhere else. The frequency of the bonus games makes people stop and take a look, and hopefully, sit down and play. (He also told me that the rest of the Monopoly machines in the casino were set to 92%.)
Do Slot Machines Pay Better On Certain Days Later
He said that he was told to leave those machines at the highest setting in order to increase play in an area that gets a lot of foot traffic Slots lv casino no deposit bonus codes.
If they wanted to attract the players, wouldn't it make more sense to advertise the generous payout rather than keep it a secret?
In general, I don't quite understand how loosening the games on low traffic days will help the casino, unless they make it known to the public. I kinda take the lack of that advertising as an indirect confirmation of Wizard's point, that they don't do this as a rule, because they either see it as too cumbersome or just not good for the business.
Sure, they could just leak the info discreetly, so that people, who hear the rumor think they'd just been let in on a huge secret, and run to the casino . But in that case, they also don't have to actually increase the payout - they just need to allude that they are going to .
Administrator
Modification to that: when they first bring those kind of slots out, the slot techs generally set them to the highest available payback, to garner interest, then after a few weeks, they tighten them up. One slot tech told me that since just about all themed slots have bonusing games, the determinant for the variable payback percentages is usually the frequency of the bonusing game--nothing else is usually altered.
Correct me where I'm wrong, but I thought that it was standard on 'participation games' that the return is set close to 88%. For those who don't know, participation games are ones where the casino and the slot maker share in the revenue. They generally have some kind of branded theme and very fancy signage and machines. I'm sure the brand being promoted gets a cut too. I was quoted saying as much in a LV Sun article about a year about, on the Sex and the City slot machine, and I heard IGT got very mad. The next week the Sun ran a puff piece praising slots.
You're welcome! In an 8/5 game, the jackpot would have to reach 37,704 coins to reach 100%, assuming you have to play 20 coins to win it. Assuming only 8 coins, the meter would have to reach 15,082 coins. https://mattersdownload.mystrikingly.com/blog/new-rival-casinos. On a 7/5 machine and 20 coins required the meter would have to reach, 46,956 coins. These figures assume you are playing the proper strategy for these pay tables with a per coin payoff for a royal flush of 800. As the jackpot grows some strategy adjustments are called for to more aggressively try for the royal. These adjustments were not calculated in this answer. It doesn't make any difference what the coinage is.
Each frame in these video slots is weighted equally. Any given line is equally likely to produce any given combination. Thus, the return is the same regardless of the number of coins played.
Thanks for the kind words. I have barely heard of teams of slot players doing this. However, this is very common with progressive video poker players. There are teams of these professional players who routinely check the meters and when they find one high enough they call their teammates in an attempt to monopolize the machines until somebody hits the jackpot.
The problem with slots is that it is not clear to the player what the odds are of hitting the jackpot so it is not obvious what the jackpot size has to reach for the machine to become profitable. Plus, it probably rarely happens that a meter gets high enough to overcome the house edge.
If the odds against something are 4 to 1 then there are 4 chances it won't happen and one chance that it will. So, in this example, the probability would be 1/5. It doesn't matter what the probability is, if the events are independent then the past does not matter.
None of these factors matter. Walk away when you're not having fun any longer.
For variable-state slots, you have to know what the positive point is for that model of machine. For example, on the Piggy Bankin' slot machine, I think it becomes positive when there are about 40 credits in the bank. At that point the player is supposed to play one coin at a time until the bank is hit. The book Robbing the One-Armed Bandits by Charles Lund (1999) covers specific positive points for various machines, however many of the machines covered in that book are now hard to find.
As for how to determine when a progressive jackpot is unusually high, you'll either have to observe it over a long period of time or find someone who has done the same. For example, SlotCharts.com keeps data on progressive slots at online casinos. But even when a progressive slot is unusually high, it's impossible to know at what point it becomes high enough to be a positive-expectation game without knowing how the probabilities on the machine are programmed. In my section Deconstructing Megabucks I attempt to figure out when the jackpot is large enough to have a player advantage.
Update: Since this question was published, SlotCharts.com is blocked to U.S. traffic.
Thanks. This is a good question and I wish I had a firm answer. The exact answer depends on the theoretical return of both machines, and nobody ever reveals this information. Yes, you do get a better return in general on dollar machines than quarters, but you are giving up the max-coin bonus. I think the house edge will do down about 2% making the jump from quarters to dollars. However, without reel weightings, I can't tell you the cost of not playing max coins. My general advice is to find a slot machine without a max-coin incentive and then bet one coin at a time.
You're right, the mathematical answer is that it doesn't matter. I would choose the machine either randomly or based on environmental factors. My highest priority is that if there were any smokers in the vicinity I would sit as far from them as possible. Otherwise I would distance myself from any loud noises, including other players. Free steampunk images. If the machines were crowded I would pick an aisle machine, giving me a little more elbow room and one less neighbor.
I believe that most online slots have a fixed return, regardless of the coinage. This is unlike slots in real casinos, which return more the greater the coinage. What you should do depends on your priorities. If you want playing longevity then you should play as little as possible per spin. If you want hope for a big win then you should play as much as possible per spin. However the house edge is likely the same either way.
No. If your goal is a small win then you should be playing low volatility, high hit frequency games. High five slots. I can't suggest any particular games but look for ones with comparatively small jackpots. These will also help you to play longer.
I've been asked about these North Carolina slot machines so many times I'm tempted to fly there just to see them for myself. Free jacks or better card game. Yes, if they did give the probability of each symbol for each reel then an optimal strategy and a return could be fairly easily calculated. However I have never actually seen such a table and have never worked out the odds.
The odds are exactly the same on a one line, 10 line, and n-line video poker machine. When you get a trash hand in 100-play you can expect to get about 36% of your original bet back. In 10-play it is still 36% but there is more volatility. In 1 play it is still 36% but you can get lucky and get a high paying hand on the draw. In other words you are more likely to hit it big on the draw in single play, but at the expense of lots more non-paying hands.
For purposes of determining the game outcome the slot machine does not consider how many lines you bet or how much per line. The only thing that matters is the exact nanosecond you pressed the spin button. Random numbers drawn at exactly that time will determine the outcome, since the machine is picking numbers even when you're not playing.
The Wynn invited me to a slot tournament with the following prize structure. 1st place: $1,000,000
2nd place: $150,000
3rd-6th place: $25,000
7th-8th place: $20,000
9th-50th place: $5,000
The cost is $25,000, and the tournament is limited to 50 players. It is easy to see the expected win is $30,000. However, it is a huge long-shot. What would be the required bankroll for entry to be a sound bet under the Kelly Criterion?
The Kelly Approximation is the advantage divided by the variance. The possible outcomes are a win of 39, 5, 0, -0.2, and -0.8 times the bet amount. The advantage is (1/50)×39 + (1/50)×5 + (4/50)×0 + (2/50)× -0.2 + (42/50)×-0.8 = 0.2.
The variance is Expected(win2) - (Expected(win))2 = (1/50)×392 + (1/50)×52 + (4/50)×02 + (2/50)× -0.22 + (42/50)×-0.82 − 0.22 = 31.4192
So, the approximate optimal Kelly bet is 0.2/31.492 = 0.0063655 times the bankroll. For a full entry of $25,000, the required bankroll would have to be 25,000/0.0063655 = $3,927,400.
However, for large bets like this, I think it is worth the time to find the exact optimal Kelly bet. Next, find the bet size b, which maximizes the expected log of the bankroll after the tournament, as follows.
Log of bankroll after tournament = (1/50)*log(1+39×b) + (1/50)*log(1+5×b) + (4/50)*log(1) + (2/50)*log(1-0.2×b) + (42/50)*log(1-0.8×b)
There is no easy way to solve for b. Personally, I recommend the 'Goal Seek' feature in Excel. The answer will come out to 0.0083418. So, the exact Kelly bet should be 0.0083418 times your bankroll. To justify the $25,000 entry fee, your bankroll should be $25,000/0.0083418 = $2,996,937.
A reader asked about a slot tournament at the Wynn. The cost to enter was $25,000, and the average prize was $30,000. You said that you need a bankroll of about three million to enter, according to the Kelly Criterion. I have two questions:1. Does this take into account the unknown house edge on the slot machines?
2. What would be the playing strategy for the best overall return? Could you just sit back and not gamble, and hope that the other 49 players all end up behind, while you break even and take the grand prize of $1,000,000?
Slot tournaments are always held on dedicated tournament machines. Usually these machines don't accept bets, so your balance will either stay even or go up, after each play. So it doesn't make any difference what the return is; the more you play, the more you can expect your balance to go up. Even if you had to play conventional slot machines, I would still bet as fast as possible, stopping only if I got a jackpot large enough to likely win the tournament. The reason is that it is very unlikely that 49 out of 49 players would be negative.
Interestingly, there was once a slot tournament at Caesars Palace where they gave a prize to the person who finished last. However, they didn't announce this rule until the award ceremony. If you somehow knew of such a rule, indeed, it might be best to not bet.
I would play once on a $5 three-reel single-line game. Win or lose, walk away after one spin.