Las Vegas Slot Machine Age Limit

Posted on 11-05-2021 by admin

Best Slot Machines Las Vegas

gambler

I have read that dollar slots normally have about a 3% house edge, quarter slots about an 8% house edge and nickle slots about a 15% house edge. (Please correct me if these above numbers are wrong).
What is the house edge for the high limit slots? Would the $25 machines, the $100 machines and the $500 machines have a smaller house edge? If so, what would you guess them to be?

Answer 1 of 53: So even though I don't like slots, I am a sucker for the Wheel of Fortune slot machines. Love to play for a chance to spin the wheel. With that said, every time I see them at the airport before our flight home I am always intrigued to try my.

boymimbo

Your numbers are essentially close. The higher the denomination, generally, the lower the house advantage. About 10 years ago, I did a reporting gig for a gambling institution and was able to learn their slot house advantages; it was about 8.5% for nickels, 5% for quarters, and about 2.5% for dollars (they didn't have penny slots back then).

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DJTeddyBear

Yeah, the higher the denomination, the lower the edge.
But don't let that fool you into thinking the casinos are more generous simply because it's a higher denomination.
If you multiply the house edge by the typical coin-in per spin, you'll get a higher amount retained by the house with the higher denominations. So the casino makes more, even though it is taking a smaller cut.
Of course, that begs a question: Does that theory hold true all the way to the highest denominations?
The $100 and particularly $500 machines don't get much play. So do the casinos still take such a small slice, or do they start to think about how much it costs to keep the machine on the floor when they set it's edge?

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Mosca

Hmmmm. I spend most of my slot time going between .25 and $1 machines, and I don't find a whole lot of difference between them. I do notice that the $5 machines are more likely to hit, but the bank required to play them is such that they are not worth it, considering that with that bankroll I could play craps or BJ. I wouldn't walk up to a $5 slot with less than $500 to put in it, and figuring how quickly that could get funneled through, I would think that a session bankroll for an evening of $5 slots would be about $2500.
But I do notice a difference between a .01 machine played at a penny per line (20 cent bet) and played at .10 per line ($2 bet); crank it up and watch it start to hit.
My guess is that this effect is based on a very small sample and not really the case; as humans, we try to make everything have a narrative, and the narrative would be 'I wasn't hitting, then I upped my bet and got 3 diamonds and played the bonus game!' When the truth is that I played out the $100 in about the same amount of time I would have anyhow.

cclub79

The HA of 2.5% on Dollar Slots is a myth. I Put $100 in a $1 slot and spun it 100x, and I NEVER ended up with $97.50. This math is probably from 3000 year old slot machines when people thought the earth was flat.

DJTeddyBear