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Whale Hunt in the Desert: Secrets of a Vegas Superhost. Fortnite For Kids Volume 6. How to Win the Lottery: Motorsports Meets the Mob in Vegas, How To Play Craps and Win!: American Casino Guide Edition. My Adventures at the World Series of Poker. From the Mill to Monte Carlo: The Definitive Roulette Strategy. Numbers for More than 50 Dreams. Arizona Gaming Guide Magazine - September - Z's Beat the Racetrack. The horses, the memories, the defining moments.
The Machine That Ate Bill Bennett
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And, of course, when you get a new model, then you would change the e-prom the computer chip that controls the payback percentage to that new model. The manufacturer initially sets all the percentages for the machines when ordered. I determine the hold percentages I want by the denomination of the machine. You have to go in and you actually have to take all of the money out of the machine. So, gaming regulations require you to change the statistics on the whole new machine. The best machines are on the aisle? But as far as the tighter and the looser machines, I set them up by model types.
If the machines were the same denomination on a particular bank the hold percentages would be virtually the same. I try to give everybody an equal shot no matter what. So, there would be very little difference between a high machine and a low machine? If I was going to set it up that way I would put the loosest machine in the middle as opposed to the end because they get the most play.
And, it gets into those better cycles more often. Sure they get hot, they also get cold. However, the hot and cold cycles are random and indeterminable. When you order a slot machine do you have to tell the manufacturer what you want it to pay? And, each manufacturer tells you the pre-approved percentages you can choose from?
This book contains all the available hold percentages for these particular models and the denomination of a machine is what determines the hold percentage I would order for it. This is what I order quarter machines at — Now, over a period of time, this quarter machine is going to pay back And when I say over a period of time, that means over 10 million handle pulls. Getting to that number though, may take a year.
That means in January, that machine might be hot, or today it may be hot. Let me show you something else here. I just put these games on the floor last week. These have been on the floor approximately 14 days.
What I do is an analysis: Now, the first week, which is hardly anything to analyze, but this machine is doing its handle per day. It actually should be at 4. The next game on the row, okay, this one is not holding. It should be holding 5.
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When you see a machine not holding…we do a comparison at the end of each month of winners and losers. You just divide, or you go to the machine itself and you could see exactly how many handle pulls. Normally, you just divide it by the number of coins in and you could tell the handle pulls. The only time we do conversions is when we see a model not getting enough play. But to go back to what you were asking before, the hot and the cold factor?
The machine can be hot today and colder than anything tomorrow. It reminds me of when I talk to people about playing craps. All it is, is luck. Being in the right place at the right time. How about this one: The only suggestion I have is to just play the machine that you enjoy the most and that you have a good time at. I mean…I play a little bit. For years slot players have always believed that some machines were set much higher than others within a casino.
Rich dispelled this myth by pointing out that all of his machines within a particular denomination were set to pay back approximately the same amount. If you look at the numbers from the Nevada Gaming Control Board regarding the returns on slot machines that are shown in this book it certainly corroborates what Rich was saying.
And what about the common belief that machines at the end of an aisle are set to return the most?
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Well, Rich killed that idea too. The truth is that the bad player really has no affect on the game because sometimes his decisions will hurt you and sometimes his decisions will help you. The problem is that you only tend to remember the situations where you lost because of his poor play and forget the times that you won because of his boneheaded moves.
This same theory can apply to slot machines at the end of an aisle. In the July issue of Las Vegas Advisor this same subject was covered in an interview with three different Las Vegas casino slot managers and two officials from the Nevada Gaming Control Board.
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The vast majority of the machines in a casino, however, are not capable of this function as they each have their own internal chip. The Advisor story also went on to point out that Nevada law requires casinos to do paperwork whenever a chip is changed and it must be completed within 24 hours. Also, the casino must complete additional accounting paperwork for filing with the state.