Vlt Meaning Gambling



Vlt definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. When I sit in front of a VLT or slot machine, my mind is being affected. The program inside the machine is created with the purpose of keeping me at the machine for as long as possible. Losing control of my time and money is a NORMAL reaction for regular players of these machines.' Governments did without their VLT fix before 1985, when the Criminal Code was amended to make it legal for them to operate electronic gambling machines. They can learn to do without it again.

heatmap
https://professorslots.com/new-york-slot-machine-casino-gambling/
Archived https://web.archive.org/web/20190821023456/https://professorslots.com/new-york-slot-machine-casino-gambling/
Hello mention of a Class 3 Video Lottery Terminal
'
Tribal casinos in the state of New York had only Class II bingo halls until 1993. That year, a successfully negotiated state-tribal compact was approved for Class III Vegas-style gaming by the federally-recognized St. Regis Mohawk Tribe.
Per such tribal-state compacts, slot machines at all Class III tribal casinos are video lottery terminals (VLTs) controlled by the New York State Lottery. While these electronic games appear as typical video slot machines, the results of a bet are instead determined by the central lottery system.
At non-tribal casinos, the result of a bet on a slot machine is not determined by the state lottery server, but instead by a microchip in the machine itself or by a central computer located in the casino.
'
darkoz
Thanks for this post from:

https://professorslots.com/new-york-slot-machine-casino-gambling/
Archived https://web.archive.org/web/20190821023456/https://professorslots.com/new-york-slot-machine-casino-gambling/
Hello mention of a Class 3 Video Lottery Terminal
'
Tribal casinos in the state of New York had only Class II bingo halls until 1993. That year, a successfully negotiated state-tribal compact was approved for Class III Vegas-style gaming by the federally-recognized St. Regis Mohawk Tribe.
Per such tribal-state compacts, slot machines at all Class III tribal casinos are video lottery terminals (VLTs) controlled by the New York State Lottery. While these electronic games appear as typical video slot machines, the results of a bet are instead determined by the central lottery system.
At non-tribal casinos, the result of a bet on a slot machine is not determined by the state lottery server, but instead by a microchip in the machine itself or by a central computer located in the casino.
'


I see where you quoted from the article.

What Is Vlt


The article is wrong
The wagers do go thru the central computer for VLT lottery based non-tribal racinos.
I believe this to be true for the vegas style casinos but I am not certain. So dont hold me to that. Would have to do the research
For Whom the bus tolls; The bus tolls for thee
heatmap

I see where you quoted from the article.
The article is wrong
The wagers do go thru the central computer for VLT lottery based non-tribal racinos.
I believe this to be true for the vegas style casinos but I am not certain. So dont hold me to that. Would have to do the research


no research needed i had that part in my first quote
BUTTTTT
check this trail out i found this company
http://www.southlandgaming.com/subsidiary-companies#the-parrot-club
through
https://en.wikipedia.org/wiki/Video_lottery_terminal
at the bottom of the page in the references and they have a quote on their page http://www.southlandgaming.com/subsidiary-companies#the-parrot-club
'
Subsidiary Companies
The Parrot Club in the Virgin Islands
The Parrot Club
Quote:

The Parrot Club, as a branded entertainment venue, was opened in 2008 to provide a facility to host entertainment and video lottery gaming on St John in the U.S. Virgin Islands.


Wharfside Village (Cruz Bay)
St. John, US Virgin Islands
(340) 715-2582
www.parrotclubvi.com
'
which goes to https://www.parrotclubvi.com/
and has pictures that look like this
and
and
[img=https://images.squarespace-cdn.com/content/v1/5880bcc3197aea162c77f526/1484842512112-QDTMEQWM3K8ZKWBH88ZN/ke17ZwdGBToddI8pDm48kDg2EKuMKuYQueXmK_yfXFZZw-zPPgdn4jUwVcJE1ZvWQUxwkmyExglNqGp0IvTJZUJFbgE-7XRK3dMEBRBhUpxn9lImObDCgk-cJNwXOGIHZQ37BPBgi46DwYi5tuouqQYJpIU82R-FvVR8hvm9Ahg/ships.jpeg?format=750w' />
and

Vlt Meaning Gambling Advice


and NONE of any of those machine look ANY different than a regular casino slots and oh look they have a roulette there as well odd
AxelWolf
I guess I had to sneak an ugly girl in on the last picture.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
tringlomaneVlt meaning gambling rules
Thanks for this post from:

no research needed i had that part in my first quote
BUTTTTT
check this trail out i found this company
http://www.southlandgaming.com/subsidiary-companies#the-parrot-club
through
https://en.wikipedia.org/wiki/Video_lottery_terminal
at the bottom of the page in the references and they have a quote on their page http://www.southlandgaming.com/subsidiary-companies#the-parrot-club
'
Subsidiary Companies
The Parrot Club in the Virgin Islands
The Parrot Club
Wharfside Village (Cruz Bay)
St. John, US Virgin Islands
(340) 715-2582
www.parrotclubvi.com
'
which goes to https://www.parrotclubvi.com/
and has pictures that look like this
and
and
[img=https://images.squarespace-cdn.com/content/v1/5880bcc3197aea162c77f526/1484842512112-QDTMEQWM3K8ZKWBH88ZN/ke17ZwdGBToddI8pDm48kDg2EKuMKuYQueXmK_yfXFZZw-zPPgdn4jUwVcJE1ZvWQUxwkmyExglNqGp0IvTJZUJFbgE-7XRK3dMEBRBhUpxn9lImObDCgk-cJNwXOGIHZQ37BPBgi46DwYi5tuouqQYJpIU82R-FvVR8hvm9Ahg/ships.jpeg?format=750w' />
and
and NONE of any of those machine look ANY different than a regular casino slots and oh look they have a roulette there as well odd


VLTs can still behave exactly like Vegas slots. It all depends on the jurisdiction and its laws.
For example, Ohio racinos and Maryland casinos are VLTs that play just like Vegas. These places themselves are regulated by the state lottery commission, hence them being called VLTs instead of slot machines.
heatmap

Vlt Meaning Gambling Rules


VLTs can still behave exactly like Vegas slots. It all depends on the jurisdiction and its laws.
For example, Ohio racinos and Maryland casinos are VLTs that play just like Vegas. These places themselves are regulated by the state lottery commission, hence them being called VLTs instead of slot machines.


Why be confusing though why? Why can’t we have one word with one definition for a slot machine?
Edit to let everyone know I have a friend who was a slot manager at sands and I swore up and down that they had class 3 vlt and have not been able to find any reference about class 3 vlt until yesterday so that’s why I am doing this stuff

Vlt Meaning Goggles

Edit for length and addition
And what is to say that ALL slot machines are NOT just VLTs? if they are the same thing... who CARES right?
Last edited by: heatmap on Aug 21, 2019
DRich
Thanks for this post from:
My understanding has been that any machine regulated by the lottery commission would be a considered VLT.
Back in the 1990's and early 2000's when I was programming video poker games for New York, they were centrally determined games. You could tell because they all had a gimmick where you could still win even if the cards did not match the paytable. Probably the most common was a match card.
Meaning
heatmap

My understanding has been that any machine regulated by the lottery commission would be a considered VLT.
Back in the 1990's and early 2000's when I was programming video poker games for New York, they were centrally determined games. You could tell because they all had a gimmick where you could still win even if the cards did not match the paytable. Probably the most common was a match card.


And is it true that there is a limited pool of wins when it comes to central determination systems?DRich
Thanks for this post from:

And is it true that there is a limited pool of wins when it comes to central determination systems?


Yes, picture a large physical drum with lots of pieces of paper inside. You draw a piece of paper out and whatever it says on it is how much you won. The majority are zero but the rest have varying amounts written on them. If you completely emptied it and totaled them up you would come up with a payback of 90% for an example. The way the central determination system worked was when you pressed the spin button the computer would draw a ticket out of the drum. Whatever amount was on that ticket is what you win and the slot machine graphically represents that win amount.
We used to use the same drum until half of the tickets were drawn and then start a new drum.
Living longer does not always infer +EV
heatmap

Yes, picture a large physical drum with lots of pieces of paper inside. You draw a piece of paper out and whatever it says on it is how much you won. The majority are zero but the rest have varying amounts written on them. If you completely emptied it and totaled them up you would come up with a payback of 90% for an example. The way the central determination system worked was when you pressed the spin button the computer would draw a ticket out of the drum. Whatever amount was on that ticket is what you win and the slot machine graphically represents that win amount.
We used to use the same drum until half of the tickets were drawn and then start a new drum.


I think this is my issue with this whole thing. It doesnt seem random at all to me. What is the differentiating factor of class ii and class iii VLT... the underlying 'game'? class ii is bingo and class iii is... a RNG?
  • Page 1 of 4

By Bill Burton

Over the last year, I have heard many players complain that they are not having as many jackpots on the slot machinesas they used to have. I first heard this from a few of my friends who said they believed that the casinos were tightening the machines because the bad economy was forcing people to make fewertrips to the casino. I did not pay too much attention to this but then I started to notice other players posting the same opinions on several Internet forums.

It seems many of the players have come to believe that every casino was lowering the paybackpercentage on all of their machines.

A month ago I was contacted by a newspaper reporter from Colorado who requested an interview with me. He said he was writing a story about the casinos lowering the payback on the slot machinesthat were making it harder for the players to win. He wanted my opinion on the subject and he was surprised by my answer.

Why Players Win Fewer Jackpots

I told him I do believe that some casinos may be ordering new machines with lower payout percentages but I did not believe that this was the main reason why players may not be winning as muchas they used to. I gave him the following reasons for my answer.

Over the years there have been many myths associated with casino gambling. One of the most common ones is the belief that a casino can raise and lower a machine's payback with the flip of aswitch. 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. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commissionfor each machine if the chip is changed. It is time-consuming and the chips are very expensive. For this reason, the cost of changing the chip in numerous machines on the casino floor does notmake economical sense.

Many of the gambling jurisdictions around the country require the casinos to report the overall payout percentages on a monthly basis. (California is not one of the States) These figures are amatter of public record and are published in some newspapers and gaming publications. I looked back on these figures over the last year and saw that there was very little change in most casinosaround the country. In some instances, there were even some of the payback percentages had increased.

A reason why some players feel that they may not be winning as often is the fact that many players are making fewer trips to the casino so they are not playing as many sessions. So because theyare playing fewer sessions they will see fewer big jackpots and fewer winning sessions overall. It is all proportional.

Some players may have decided to play lower denomination machines. Many of the nickel and penny slot machines have a higher hit frequency, which means you will have many smaller wins but not asmany big jackpots.

How To Help Your Payback Percentages

If you still honestly believe that your casino is lowering the return rate on the slot machines you have several courses of action. The easiest thing to do is to play the older machines. It isdoubtful that a casino would go through the expense of putting a new chip in an older machine to lower the return rate. You can try a new casino. You may find that your luck is better at adifferent casino and a change is your routine will let you enjoy some new experiences.

You can switch to video poker. It is the only machine game that will let you know the payback of the machine by readingthe pay table. However, if you do decide to try video poker, make sure you learn the strategy or get a strategy card to bring along with you when you play.

Switch to the table games. Playing table games is exciting and they offer a lower house edge than the slot machines. Many casinos give free table game lessons so you can learn the basics beforeyou sit down.

Let me close by saying again that I do believe that there will be some machines on the casino floors with lower returns, however, I do not believe that is as widespread as the rumors would haveyou believe. The casinos are in competition with each other for your business so they do not want to alienate the players by offering games where nobody can win.

As a customer/player you always have the option of taking your business elsewhere. The ultimate decision of where to play is entirely up to you.
Until next time remember, luck comes and goes.....knowledge stays forever.