Question about slot machines

[blu4]

So I moved to the USA months ago and I never have been to a casino before. I went after I first moved here but I am going again in a few days One thing I had a question about was some slot machines I saw.

Now my memory my be a bit foggy here, but some said like either pays out or something along those lines (Idk if it said jackpot pay out or what) between $___ - $___ but some of the machines where only like $50 away from that maximum pay out number. So does that mean If I just played until it hit the max It would pay out a good amount? or would it be just any small amount? I wish I remember the exact wording but if anyone here goes to there places you may know what I am talking about.

 

[FakeCIA]

All slot machines in the U.S. are designed by one of two global companies. The software is proprietary and the hardware is kept a secret. It's impossible from a public perspective to tell the odds of what may happen as each machine is coded specifically for a certain win at a random time as determined by the casino that runs it. The win is predetermined, but it can't be judged by just sitting in front of it.

[Donut417]

26 minutes ago, blu4 said:

So I moved to the USA months ago and I never have been to a casino before. I went after I first moved here but I am going again in a few days One thing I had a question about was some slot machines I saw.

Now my memory my be a bit foggy here, but some said like either pays out or something along those lines (Idk if it said jackpot pay out or what) between $___ - $___ but some of the machines where only like $50 away from that maximum pay out number. So does that mean If I just played until it hit the max It would pay out a good amount? or would it be just any small amount? I wish I remember the exact wording but if anyone here goes to there places you may know what I am talking about.

 

First of all if your trying to get rich, just stop. The HOUSE ALWAYS WINS. Secondly Slot machines come in diffrent varrieties. 1 cent, 5 cent, Quater, etc. So the payout will be diffrent depending on the machine. 

[Bombastinator]

The slang term for them is “one armed bandit” for a reason.  They don’t pay out randomly, but after they have collected a certain amount of money which is a good bit more than what they pay out, when they are triggered by the House, or both.  You are watched by cameras every moment you are in a casino.  I saw a “documentary” once about a guy who “won” playing slot machines.  He dressed well and chatted up and flirted with the other players.  Perhaps his intent was to make the watchers think he was a casino employee.  The minimum payout is -10% but can be higher.  Sometimes much.  They’re not allowed to make it -100%.  There are places where that is possible though.  The level of fleecing is known as “loos/tight” a system with a less unpleasant negative payout is considered “looser” than one with a higher negative payout which would be “tighter”. That means you always lose more than you make unless someone else loses even more.

[blu4]

5 hours ago, FakeCIA said:

All slot machines in the U.S. are designed by one of two global companies. The software is proprietary and the hardware is kept a secret. It's impossible from a public perspective to tell the odds of what may happen as each machine is coded specifically for a certain win at a random time as determined by the casino that runs it. The win is predetermined, but it can't be judged by just sitting in front of it.

On the machine it says payout between (for example) $300,000 and $700,000 it was in lights and adverted at the top of the machine on a LED panel and a few of the machines where only like $50 away from that $700,000, I just put blanks as each each different payout numbers.

 

 

5 hours ago, Donut417 said:

First of all if your trying to get rich, just stop. The HOUSE ALWAYS WINS. Secondly Slot machines come in diffrent varrieties. 1 cent, 5 cent, Quater, etc. So the payout will be diffrent depending on the machine. 

I am not trying to get rich, Id play black jack or poker if I was. That is how Dan Blazarian make his multi millions. Even if you don't win huge I have still made pretty big wins off small amounts, Like I put in 75 cents and on my 5th pull I won $60. I think I was only like $20 down total at that point.

I never think I will make it big I just hope to have fun and not loose too much. So far on the first time I went I won about $15 profit at the end of the night and just because I didn't care in the morning I put that $15 in some machines and lost it. but for me the fun is worth it and I only will do it a few times a year if that. Its not a thing I think about or feel the need to do. Just a fun switch of things for the night

 

3 hours ago, Bombastinator said:

The slang term for them is “one armed bandit” for a reason.  They don’t pay out randomly, but after they have collected a certain amount of money which is a good bit more than what they pay out, when they are triggered by the House, or both.  You are watched by cameras every moment you are in a casino.  I saw a “documentary” once about a guy who “won” playing slot machines.  He dressed well and chatted up and flirted with the other players.  Perhaps his intent was to make the watchers think he was a casino employee.  The minimum payout is -10% but can be higher.  Sometimes much.  They’re not allowed to make it -100%.  There are places where that is possible though.  The level of fleecing is known as “loos/tight” a system with a less unpleasant negative payout is considered “looser” than one with a higher negative payout which would be “tighter”. That means you always lose more than you make unless someone else loses even more.

Hmm I was not aware people that paid out watched, I knew they have super high tech security systems that can even see what cards and being played in real time.

I will have to keep that in mind

[Ravendarat]

If the machine reaches the max payout available it does not change the odds of winning, it simply means that IF you were to hit the jackpot while betting the max amount you would get the max pay out

[Beerzerker]

I believe by law the amount of payout vs "Take" from gamblers is about 2.5 to 3% of what they get. 

They have to pay out at some point and believe me they will figure that amount out to the penny and stick to it. I guess IF you view going there and playing as if you were in an arcade it's different - You go, drop your quarters in and just play.

 

I will agree with a previous though, you won't get rich because thats what the casino is doing for itself just being there and they ain't putting you first.

BTW there is one less than 10 minutes away from here but I don't bother - Already know the odds.

[Tristerin]

I think I get why everyone is responding the way they are - you are on a tech forum and to post here sounds like you need answers to an "itch" and no one wants to see someone succumb to gambling addiction.

 

I digress - play slots only if you like to feel lucky.  There are other games you can actually use strategy on, and for me - that is the prize.  I prefer roulette myself but I don't play numbers, I switch tables watching the lights until they tell me to leave after Ive won a bit of money

[Bombastinator]

2 minutes ago, comander said:

View everything in a casino as designed to benefit the house. 

If you go in, don't plan on winning. The safest bet is likely to have a fixed budget and to NEVER go past that amount. 

Yep. LITERALLY everything.  Where the lights are and their color is one famous example.  The types of foo/drinks, how they are served, who serves them, everything.  Down to the pattern on the carpet. You won’t see a window or a clock on a casino.  They don’t want you to know what time it is.

[zassou]

house always wins, never go to the casino

[blu4]

I just got back today and I came out $200 on top. Legit on my first machine I hit a $50 win then a $200 win on only $25 total put in. I gave the $50 to my gf and I think she used it on food lol. The 200 ended up being like 320 at the highest but back down to $230ish by the time I left. I did spend a lot of time just socializing and hanging in my room too just so I wouldn't spent all of my winnings. In total the trip cost me about $100 so that's about a $100 profit.

 

I know how casinos work in that way its not like I have never seen videos/documentary's on casinos/gambling im sure 99% of people know they are made to gain profit or what would be the point of it? I am not stupid.  I only had a specific question about the slots that only one person kind of answered. But I found out my answer while I was there so its all good. But thanks for telling me stuff I knew I guess. I guess that guy who told me about the "watchers" was pretty interesting as I did not know about that. I know they had people who watched like security but not to pick who wins big and such. That was cool to find out.

[blu4]

oh and if you wanted to know I was doing $4 bets on the machine. it was $4 for all lines x10 + progressive, I hit 5 times down to $5 left then my luck occurred. Needles to say I was very surprised and excited.

[Bombastinator]

1 hour ago, Strakalo said:

I've never played, is it worth it?

Imho, not by a long shot.  There are those that disagree.  I’m not one to drop a couple hundred dollars on an evenings entertainment though, let alone a couple grand.

[blu4]

8 hours ago, Bombastinator said:

Imho, not by a long shot.  There are those that disagree.  I’m not one to drop a couple hundred dollars on an evenings entertainment though, let alone a couple grand.

who said you need to play that much?

 

I had $30 last me a good 2 hours (not like is was gambling that whole 2 hours straight but it was a good amount), I only put in $25 and I came out $100 profit including the cost of the trip included, The $30 I played for that 2 hours when when I was up over $100 already.

 

When I was there I saw a lady sit down. play 3 $1.50 spins and hit a $87 win. I'm not saying that was her first play. she easily could have played a ton more before that. But im just saying anyone could have say at that machine did 3 $1.50 plays and would have won that $87. my GF did drain $50 in like a hour on penny slots but its all on "luck" and just random. So many people put in money you could just and watch a person loose a few grand then play that machine and hope some for small decent payouts.

 

I'm not telling people do it but you can be smart about it. Don't just keep putting money in if you keep losing. Im not one to like losing money, even after I lost like 3 spins a in row only losing like $1.75 total I would want to get up and leave and I did sometimes. Its not a thing I would go to on my own time I only did it because there was occasions going on that where held at a casino and each time the room price we had to pay was very cheap. I thought it was a fun time while I was there each time

 

Im sure you can put $20 on penny slots play 1 penny at a time and last you the whole night. Just Im betting you will not come out with any profit, as the most ive seen won at 1 penny bets is like $2 as thats a 200x win.

 

99% of places also give you free money to play with the first time you go. so if its for a party or like a birthday is hosted there you can just play on the free money. The first time I went I had my free $10 turn into $50 something and that lasted me the whole night.

 

 

[Bombastinator]

18 minutes ago, blu4 said:

who said you need to play that much?

 

I had $30 last me a good 2 hours (not like is was gambling that whole 2 hours straight but it was a good amount), I only put in $25 and I came out $100 profit including the cost of the trip included, The $30 I played for that 2 hours when when I was up over $100 already.

 

When I was there I saw a lady sit down. play 3 $1.50 spins and hit a $87 win. I'm not saying that was her first play. she easily could have played a ton more before that. But im just saying anyone could have say at that machine did 3 $1.50 plays and would have won that $87. my GF did drain $50 in like a hour on penny slots but its all on "luck" and just random. So many people put in money you could just and watch a person loose a few grand then play that machine and hope some for small decent payouts.

 

I'm not telling people do it but you can be smart about it. Don't just keep putting money in if you keep losing. Im not one to like losing money, even after I lost like 3 spins a in row only losing like $1.75 total I would want to get up and leave and I did sometimes. Its not a thing I would go to on my own time I only did it because there was occasions going on that where held at a casino and each time the room price we had to pay was very cheap. I thought it was a fun time while I was there each time

 

Im sure you can put $20 on penny slots play 1 penny at a time and last you the whole night. Just Im betting you will not come out with any profit, as the most ive seen won at 1 penny bets is like $2 as thats a 200x win.

 

99% of places also give you free money to play with the first time you go. so if its for a party or like a birthday is hosted there you can just play on the free money. The first time I went I had my free $10 turn into $50 something and that lasted me the whole night.

 

 

The “I saw a thing happen once” argument.  People do occasionally win.  It wouldn’t work otherwise.  Casinos are all about the rule of large numbers.  So are insurance companies.  It is a point that about the same amount of time is taken playing a slot machine no matter the amount of money spent.  Assuming penny slots still exist (the smallest I’ve ever heard of lately is nickel slots which would be 5 times as expensive.  I don’t keep up though) my memory is slots go up to $5/pull.  So 500 times that amount.  

[dizmo]

Slots are a great way to lose your cash. You're better off playing the tables.

[Praesi]

Those Maschines are designed to do one thing and one thing only.

Get YOUR Money.