Can Casinos Tighten Up Slot Machines



It would be poor timing for any casino to tighten slot machines during a downturn, when customers are already watching their budgets and especially sensitive to corporate profit-boosting measures. The payout on the slots is set by the manufacturer when the machine is ordered by the casino. Changing the payout would require approval of the Nevada Gaming Commission. Anyway, if fewer people are going to Las Vegas because of gas prices, and the casinos change the payout on the slots because of it, they would make them looser, not tighter, to. 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. While not all slot machines are rigged, especially if you play at a reputable casino site such as Caesars, however you should know that there are scam sites out there. For example, some of these scam sites could be up for a day, and then be completely gone the next.

Slots: The Great Myths

Move over, you monsters. Bigfoot, the Loch Ness Monster and the Abominable Snowman are merely minor real-world myths that canâ??t hold an RNG to the myriad reel-world myths that have developed about slot machines. Here is a slew of the myths coupled with their truths â?? to disabuse any of you who are true believers in this falseness.

Can Casinos Tighten Up Slot Machines

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The Myth: There will be no more jackpots after a big one has been hit so the machine can make sure it meets payback percentage.

The Truth: The hitting of the jackpot is not determined by a recent hitting of the jackpot. The machine does not say to itself, â??Oh, that player just hit a jackpot. I better stop all future jackpots until I make back the money!â? The statistics of the machine include jackpot hits, and should randomness hit a second jackpot right after another jackpot, that is no big deal. The reason people think the machines tighten up after a jackpot is simple: Jackpots are long shots, and hitting them in close succession is highly improbable, yes, but not impossible.

The Myth: Older slot machines are much tighter than newer machines, because players in the past were far stupider than they are today.

The Truth: The old Las Vegas probably had looser machines than it does today, because it was far less expensive to operate a casino in those days. Table games brought in so much more money that casinos didnâ??t have to worry about charging for rooms and meals. Comps were far more generous. Were players stupider than they are now? I doubt that, too. The casinos cater to a wide range of human intelligence â?? from ploppies to geniuses. It just seems like many of the players are stupid because of the gambling decisions they make.

The Myth: Slot-machine symbols each have an equal chance of being hit.

The Truth: No. The RNG determines what comes up, and the symbols do not have an equal chance of coming up; some come up more, and some come up less.

The Myth: Someone just hit a jackpot on the machine you just left. If you had stayed, you would have hit that jackpot instead of that rat who replaced you.

The Truth: Since the RNG is working in tenths of seconds, where it picks this or that sequence of numbers, which relate to the symbols you see, even a split-second difference in hitting the play button between you and that rodent will change what combinations come up. So between you getting up and that rat sitting down, the RNG has gone through thousands of symbols. In short, the rat didnâ??t steal your cheese.

The Myth: Casinos can loosen or tighten the slot machines by flipping a switch, which is either inside the cover or in back of the machine. If you can locate the switch in the back, you can make the machine get much hotter.

The Truth: Slot machines work on computer chips, and these chips are put in the machines at the factory. They are expensive to replace and require all sorts of paperwork in most jurisdictions to do this. So it isnâ??t just flipping a switch. When slot-machine companies sell their products to casinos, they offer the casinos various payback percentages, and the casinos pick which ones they want.

The Myth: The IRS is everywhere hunting people down to take their money. If you use a playerâ??s club card, the IRS is sent all the information about how much youâ??ve won on the machines. That is a prime reason not to use a playerâ??s club card when you play on the machines.

Can Casinos Tighten Up Slot Machines Jackpot

The Truth: The slot club card doesnâ??t report anything to the IRS. However, if you win $1,200 or more in a single spin, then the casino will report that amount to the IRS. It doesnâ??t mater whether you used a playerâ??s card or not. Now, the casino does not report smaller wins to the government agency. Players must do this themselves, and I am sure there must be a couple of players out there who would actually do such a thing. By the way, in some countries, gambling wins are not taxable. It used to be this way in the United States, but no more.

The Myth: The more I play a machine, the more likely I am to win.

The Truth: Just the opposite. This myth only looks at the idea that with more decisions being played, the better the playerâ??s chances for hitting a jackpot. This is true â?? to an extent. Keep in mind that each individual decision is random. Yes, the statistics of the game show how often a jackpot is supposed to hit, but those statistics canâ??t tell us when the jackpot will hit. Unfortunately, with more decisions, the more the house edge is grinding and hammering away at your money. While doing hundreds of thousands of spins might allow you to hit a jackpot, the fact is that your overall losses will not be changed by such a hit. This fact is inescapable: The longer you play, the better the chance that you will be behind. The longer you play, the better the chance that the casino will be ahead â?? whether you hit a jackpot or not. The only exception to this rule is the advantage-play slot machines where the more you play, the better your chances are of being ahead.

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Do Casinos Tighten Up Slot Machines

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Can Casinos Tighten Up Slot Machines To Play

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