Have slots been getting tighter nowadays?
Last weekend Double Diamond paid me $200 on the second roll, and later in the day on my return it paid me $1000 on the third roll.
Yesterday, I lost $320 on the infernal machine.
Variance, variance, variance.
http://www.nj.gov/lps/ge/docs/Financials/MGR2017/201701revenue.pdf
Blows my mind that the take on table games is consistently double that of machines. So many people playing carnival games with terrible strategy.
Quote: gamerfreakBlows my mind that the take on table games is consistently double that of machines. So many people playing carnival games with terrible strategy.
Most likely table games are based on the drop, while machines are based on money wagered.
Quote: TomGMost likely table games are based on the drop, while machines are based on money wagered.
As in they aren't factoring in chips that are cashed out?
Seems like a useless number in that case.
Quote: gamerfreakAs in they aren't factoring in chips that are cashed out?
Seems like a useless number in that case.
They aren't factoring how much is bet. What number would be better?
Quote: gamerfreakAC requires Casinos to publish their cumulative take each month, and it is usually 8-9% for slots. Not sure if that includes VP or not.
http://www.nj.gov/lps/ge/docs/Financials/MGR2017/201701revenue.pdf
Blows my mind that the take on table games is consistently double that of machines. So many people playing carnival games with terrible strategy.
Those numbers are great, but would be better if costs were provided, or even estimated. It's nice to see Bally grossed $14 million after paying out winnings. How much after paying out salary and license fees?
Quote: TomGThey aren't factoring how much is bet. What number would be better?
Not sure what would be better, I'm not understanding how the number is calculated. So they're keeping an average of 15%-20% of buy ins?
Quote: gamerfreakNot sure what would be better, I'm not understanding how the number is calculated. So they're keeping an average of 15%-20% of buy ins?
Yes. If you buy in for $100 on a table game and walk away after losing it all that would be considered a 100% hold, even if that $100 loss came after making after $10,000 worth of bets.
Whereas if you put $100 in a slot machine and walk away after losing it all, it might only be considered a 10% take, depending on how many spins you were able to make
Quote: TomGYes. If you buy in for $100 on a table game and walk away after losing it all that would be considered a 100% hold, even if that $100 loss came after making after $10,000 worth of bets.
Whereas if you put $100 in a slot machine and walk away after losing it all, it might only be considered a 10% take, depending on how many spins you were able to make
I'm not sure exactly what you are getting at.
Except it isn't tracked on an individual basis
As I understand it- If a table takes in $20,000 in a shift and pays out 18,000, its considered a ten percent hold. If a machine takes it $100,000 and pays out 99,000, its a one percent hold., no matter if it spun 1,000 times or a million times.
Quote: TomGYes. If you buy in for $100 on a table game and walk away after losing it all that would be considered a 100% hold, even if that $100 loss came after making after $10,000 worth of bets.
Whereas if you put $100 in a slot machine and walk away after losing it all, it might only be considered a 10% take, depending on how many spins you were able to make
Gotcha, that actually seems low to me then, considering the number of people I see playing until they bust.
FosQuote: MrVSo what?
Last weekend Double Diamond paid me $200 on the second roll, and later in the day on my return it paid me $1000 on the third roll.
Yesterday, I lost $320 on the infernal machine.
Variance, variance, variance.
There's a casino where most 1c slots are 93%.Quote: AxelWolfYes, there are always exceptions to rules or Advantage play wouldn't be a thing. I'm talking about randomly selecting a penny machine on the floor.
Quote: onenickelmiracleFos
Really?
You say I'm "full of shit," do you?
It happened.
$10 Double Diamond, Spirit Mtn. high limit room.
So what, 30 minutes on a machine, of course you would think nothing has changed, and maybe that particular machine hasn't changed too much. I dont find you sincere, so that's that.Quote: MrVReally?
You say I'm "full of shit," do you?
It happened.
$10 Double Diamond, Spirit Mtn. high limit room.
My point: variance dictates the outcome; as an example of the other extreme I mentioned the great luck I'd had on a machine last weekend.
That machine has broken my heart more often than not, but I keep plugging away because I like to.
Your claim that you don't find me "sincere" and that I am "FOS" is the same as claiming I am a liar, which is simply untrue.
But hey, you'll believe what you'll believe, and you'll insult any WoVer at will.
I get it.
Whatever, nice try.Quote: MrVI wasn't claiming that the machine has always done that; I was responding to WoN's post, where he said he'd had no hits.
My point: variance dictates the outcome; as an example of the other extreme I mentioned the great luck I'd had on a machine last weekend.
That machine has broken my heart more often than not, but I keep plugging away because I like to.
Your claim that you don't find me "sincere" and that I am "FOS" is the same as claiming I am a liar, which is simply untrue.
But hey, you'll believe what you'll believe, and you'll insult any WoVer at will.
I get it.
Who the hell are you to patronize me?
Paybacks for Each State: American Casino Guide
anecdote time:
I recently made my way down a row of Quick Hits and Hot Shots games. I tried $200 in each. On the two with stacked symbols, my biggest wins were $17.50 (with a screen full of wilds; 7x wager) and $8 (3.2x wager). I managed one Hot Shots feature for a staggering $0.00 win (0x wager on 9 of the little Hot Shots chances). Most "wins" were like 0.1-0.2x wager. On another that was $3 per game and featured some kind of tower, I don't think that 5 symbol wins I had were much more than wager (if they even exceeded wager). "Bigger" wins were in the $5-6 range. The only way to win anything significant would have been hit features.
My sample size was really small because I only tried $200 in each. I probably should have just played one and recorded outcomes, but I didn't know that I would have a night with no wins approaching 10x wager.
Quote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
You are supposed to get killed playing slots str8 up.Quote: gamerfreakQuote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
You are supposed to get killed playing slots str8 up.Quote: gamerfreakQuote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
Quote: AxelWolfYou are supposed to get killed playing slots str8 up.Quote: gamerfreakQuote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
But faster than usual at Parx
All due to variance and perhaps even some selective memory.Quote: gamerfreakQuote: AxelWolfYou are supposed to get killed playing slots str8 up.Quote: gamerfreakQuote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
But faster than usual at Parx
Even on something like 9/6 VP where you played at multiple casinos over lots of hours there's a good chance one place will be the place you lose more at.
Quote: AxelWolfAll due to variance and perhaps even some selective memory.
Even on something like 9/6 VP where you played at multiple casinos over lots of hours there's a good chance one place will be the place you lose more at.
Yea I agree, I'm just saying I'm surprised they have looser slots than other PA casinos, I always got an impression they were stingy with the VP pays and $25 table limits .
Or he is addicted to the worst machines in the house. Your prepared statements should be better than that. You're not the only one being too simple, many people are knee jerk incomplete.Quote: AxelWolfAll due to variance and perhaps even some selective memory.Quote: gamerfreakQuote: AxelWolfYou are supposed to get killed playing slots str8 up.Quote: gamerfreakQuote: TankoThe VGM's at Resorts World in NYC have one of the best 'slot' paybacks in the country at 95.28%.
Paybacks for Each State: American Casino Guide
I'm surprised Parx in PA is listed as having the highest return. I always get killed there.
But faster than usual at Parx
Even on something like 9/6 VP where you played at multiple casinos over lots of hours there's a good chance one place will be the place you lose more at.
