Slot Machine Facts You Should Know 1. “Time on Device” (TOD) is the #1 metric that casinos and slot machine manufacturers are concerned with. Slot machines are the only casino game with opaque odds. The payoffs for each bet. The odds of winning each bet. Slot machines now make. According to official statistics, the total number of slot machines in Japan is 5 million units, and in America there are only 800 000 of them. How did the fruit symbols appear in the devices? In the beginning of the 20th century, inventor Herbert Mills developed a three-drum machine called Operator Bell, which worked on ordinary coins.
In every area of entertainment – art, films, sports, entertainment – a plethora of myths and legends have sprung over the years. This is especially true in areas such as gambling, where players are generally suspicious that the house (casino) will try and increase its already clear advantage. Today we’ll take a look at some of the popular slot machine myths, and try and separate myth from reality…
Myth: Slots are programmed for a designated payoff cycle. Even though this cycle can contain thousands of spins, once it reaches its end, the outcomes will repeat themselves in the exact same order as the last cycle.
Fact: False. Each spin is completely random, independent from all previous spins.
Myth: Slot machines are programmed to pay off a particular percentage of bets. Thus, after a jackpot is hit, the machine will tighten up to get back in the balance. On the other hand, when the jackpot has not been hit for a long time, it is overdue and more likely to hit.
Fact: Each spin is independent for past spins. Consequently, the odds are always the same – it makes no difference when the last jackpot occurred or how much the game paid out in the last hour, day or week.
Myth: Machines pay more if a player’s slot club card is not used
Fact: False. The mechanism determining the outcome of each play doesn’t consider whether a card is used or not. The odds are the same with or without one. Furthermore, by not using you player’s card you are denying yourself valuable comps and sometimes cash back from the casino.
Myth: Using a player card enables casinos to report any winnings to the IRS
Fact: If you’ve won over $1,200, the casino reports you no matter what. If you have a net losing year, the casino may have evidence of it, and such statements may be used as evidence to declare offsetting loses to jackpot wins.
Myth: Slot machines can be manipulated remotely by the casino’s slot department to tighten the slot. You better tip the staff well or else…
Fact: There is some truth to the stories that a machine’s odds can be changed remotely. What’s known as “server-based slots” are still in an experimental phase and are and in a vast minority compared to the classic one-armed bandits roaming the casinos. However, regulations are enforced to protect the player from possible abuses, and in any case, once the player inserts credits into the machine, no change can be made. For the more “traditional” machines, someone would be required to physically open the slot up to make any change.
Myth: the machines closer to the doors, entrance/exits and overall heavy traffic areas tend to be more “loose” while those in quieter areas tend to be “tight.”
Fact: There is no correlation between slot placement and the machine’s payouts.
Myth: Slot machines are more inclined to be “looser” during slow hours on slow days of the week. On the other hand, when the casino is busy, management tightens up the machines.
Fact: Casinos try to strike a good balance between being profitable and having players that leave the games happy. If the slots are too tight, it’s less likely the player will return to this casino, so management want the slot machines loose enough to give the player what’s called a long “time on device,” meaning that he spent enough time on the slot machine to warrant a future return to the same casino.
Myth: Some lucky SOB hit a jackpot on the machine you just left – you would have gotten that jackpot if you kept playing. #%&@!
Fact: Surprise – Not true! There’s a computer chip inside the slot machine that runs the Random Number Generator (RNG). The RNG continuously cycles through numbers even when the machine is stands idle. These numbers correspond to the stops on the wheel that display the winning or losing symbols that you see when the reels stop. When you hit the spin button or pull the slot’s handle, the RNG picks the combination at that given microsecond. If you had stayed at the machine, there’s no guarantee whatsoever that you would have stopped the RNG at the exact nanosecond to display that same combination of numbers. In the time it takes for you to sip your drink, the RNG has cycled through thousands of combinations.
Myth: The temperature of the coins will affect the machine’s payout
Fact: Not true. The machine is not affected by temperature and does not need a sweater or bathing suit. It doesn’t matter if you play hot, cold, old or new coins (unless their chocolate coins, which no machine accepts). The coin slot is a mechanical device and is impervious to name-calling, pleading, hugs or swearing.
And – perhaps the most underrated slot machine myth of all…
Myth: There are tiny leprechauns working inside the machines. If they don’t like your face – you don’t win.
Fact: completely false…slots area totally mechanized (and today, mostly computerized). Also, there’s hardly any room inside for any leprechauns.
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Las Vegas, commonly known as the Sin City, also known as the casino capital of the world, are all familiar names it has earned over the years. And like the famous saying goes, “what happens in Vegas, stays in Vegas”, is a popular phrase that will always ring in our heads whenever we think about this legendary city. Vegas is truly one of a kind, and is the #1 casino destination for gamblers from all walks of life, but even if you’re not into casino games, you’re still gonna have a great time as the city is full of non-stop entertainment.
To give you an idea of how many people visit each year, there was a study done in 2007 by the Las Vegas Convention and Visitors Authority which found that about 40 million people visited that year, and that each of them spent somewhere around $1,000. That’s around $40 billion that came from tourism alone and has a population of close to 650,000 people. This is amazing, and goes to show how a city in the middle of the desert can still be one of the top tourist destinations.
Curious to know how many slot machines in Vegas? Continue reading to find out! We’ll also be discussing some other fun facts as well as what some of the best slot machines are.
10 Fun Facts About Las Vegas
Below we’ve made a list of 10 fun facts about Las Vegas that we think are very interesting and that you’ll be quite surprised to learn about.
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- To answer the previous question about how many slot machines are in Vegas, well, it’s hard to give an exact number, but there’s somewhere close to 200,000.
- It wasn’t until May 15th 1905 when the city of Vegas was officially founded, however it didn’t take long for the city to make a name for itself and become known to people worldwide.
- In the year 1910 the state of Nevada made a decision to make gambling illegal, however it wasn’t until years later when the state realized it would be profitable for local business and decided to make it legal in 1931.
- Following the legalization of gambling, the very first casino was built that year on Highway 91, however it wasn’t until 1941 when the Strip opened the first casino called the El Rancho Vegas. Unfortunately, that hotel is no longer around as it was burnt down by a fire in 1960.
- Today, there are around 45 casinos located in the Vegas strip area and well over 300 in the entire state of Nevada, in comparison to over 500 which are located in the entire U.S.
- Here’s a fun and interesting fact, did you know when looking down from outer space the brightest place on earth is Las Vegas? Pretty Amazing.
- From the top 25 hotels that exist in the world, believe it or not, 15 of them are located in the Sin City.
- The most money anyone has ever won from a slot machine at the Excalibur was a whopping $39 million. The person who won was only 25 years old and risked only $100 to win this amount.
- Elvis Presley, also known asthe King of Rock n’ Roll performed over 800 shows consecutively with each one being sold out.
- Thinking about getting married in Vegas anytime soon? If so, you may want to plan ahead because Vegas is the #1 destination to get married in the U.S. with over 300 weddings each day.
Best Slot Machine to Play in Vegas
Spending time trying to figure out what the best slot machine to play in Vegas is can be a daunting task, however it doesn’t have to be this way. You just need to be familiar with all the different machine types. Once you have a better understanding of all the machine types, such 5-reels, 3-reels, classic slots, video slots, penny slots, etc. You will then need to decide on a game’s theme to see which kind are the most appealing to you, such as the art style and music. For example, maybe you were a Pink Panther fan growing up, if so, then you should definitely try out all the Pink Panther themed games. Or maybe you’re just a big animal lover in general, in that case, you shouldn’t have a hard time locating all the various animal themed games. Once you have found a slot that catches your eye, you should check out the paytable to look over the rules and see what kind of features it offers. Some of the most popular ones are bonus games, personal/progressive jackpots and wild symbols.
But before you go running off to Vegas to play for real money, be sure to give all our state-of-the-art slot machines a try, for free! Not only will you be able to save a lot of money, but you’ll be able to get a lot of practice, and be able to carry all our games in one convenient application. With crisp graphics, sounds and endless amounts of entertainment, Caesars Casino online is truly a one-stop shop for all your slot machine needs.