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If you continue winning, then you must have found a loose slot machine. In this case, applying the Box technique is recommended, so whenever you decide to stop playing, you will be able to take home some winnings. There is an easier way to determine whether a particular slot machine is worthy of playing, though.
Five Times Pay Payouts As can be seen by the pay-table above, this slot really does reward max betting with a three coin win giving a staggering 7.5x the payout of playing one coin when you hit the three ’Five Times Pay’ symbols in a row It is therefore much better to play a low denomination and max bet, rather than just one coin each time. You can stake up to three coins on one payline. The maximum jackpot that a player has won engaging in the Five Times Pay slot is 15,000 credits, with 5000 credits as the next highest jackpot victory. The maximum cash payout you can win playing Five Times Pay slots is 75,000 GBP. 5 x Pay Slot Machine Symbols and Features.
The gaming industry is big business in the U.S., contributing an estimated US$240 billion to the economy each year, while generating $38 billion in tax revenues and supporting 17 million jobs.
Additionally, the only kind of slot machines allowed are electronic video slot machines. Therefore, you will not find any mechanical slots that have traditional reels - only video screens According to the terms of the compact between the state and the tribes, however, the minimum and maximum payouts are regulated as follows: video poker. Jul 01, 2019 New Land Based Slots Can Pay-Out More. When a brand new slot machine is rolled out onto a land based casinos gaming floor, the casino owner will of course want players to play that slot machine, for it will of course have cost that owner a small fortune to purchase that machine and he will want it to start earning money right from the get go.
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What people may not realize is that slot machines, video poker machines and other electronic gaming devices make up the bulk of all that economic activity. At casinos in Iowa and South Dakota, for example, such devices have contributed up to 89 percent of annual gaming revenue.
Spinning-reel slots in particular are profit juggernauts for most casinos, outperforming table games like blackjack, video poker machines and other forms of gambling.
What about slot machines makes them such reliable money makers? In part, it has something to do with casinos’ ability to hide their true price from even the savviest of gamblers. The price of a slot
An important economic theory holds that when the price of something goes up, demand for it tends to fall.
But that depends on price transparency, which exists for most of the day-to-day purchases we make. That is, other than visits to the doctor’s office and possibly the auto mechanic, we know the price of most products and services before we decide to pay for them.
Slots may be even worse than the doctor’s office, in that most of us will never know the true price of our wagers. Which means the law of supply and demand breaks down.
Casino operators usually think of price in terms of what is known as the average or expected house advantage on each bet placed by players. Basically, it’s the long-term edge that is built into the game. For an individual player, his or her limited interaction with the game will result in a “price” that looks a lot different.
For example, consider a game with a 10 percent house advantage – which is fairly typical. This means that over the long run, the game will return 10 percent of all wagers it accepts to the casino that owns it. So if it accepts $1 million in wagers over 2 million spins, it would be expected to pay out $900,000, resulting in a casino gain of $100,000. Thus from the management’s perspective, the “price” it charges is the 10 percent it expects to collect from gamblers over time.
Individual players, however, will likely define price as the cost of the spin. For example, if a player bets $1, spins the reels and receives no payout, that’ll be the price – not 10 cents.
So who is correct? Both, in a way. While the game has certainly collected $1 from the player, management knows that eventually 90 cents of that will be dispensed to other players.
A player could never know this, however, given he will only be playing for an hour or two, during which he may hope a large payout will make up for his many losses and then some. And at this rate of play it could take years of playing a single slot machine for the casino’s long-term advantage to become evident. Short-term vs. long-term
This difference in price perspective is rooted in the gap between the short-term view of the players and the long-term view of management. This is one of the lessons I’ve learned in my more than three decades in the gambling industry analyzing the performance of casino games and as a researcher studying them.
Let’s consider George, who just got his paycheck and heads to the casino with $80 to spend over an hour on a Tuesday night. There are basically three outcomes: He loses everything, hits a considerable jackpot and wins big, or makes or loses a little but manages to walk away before the odds turn decidedly against him.
Of course, the first outcome is far more common than the other two – it has to be for the casino to maintain its house advantage. The funds to pay big jackpots come from frequent losers (who get wiped out). Without all these losers, there can be no big winners – which is why so many people play in the first place.
Specifically, the sum of all the individual losses is used to fund the big jackpots. Therefore, to provide enticing jackpots, many players must lose all of their Tuesday night bankroll.
What is less obvious to many is that the long-term experience rarely occurs at the player level. That is, players rarely lose their $80 in a uniform manner (that is, a rate of 10 percent per spin). If this were the typical slot experience, it would be predictably disappointing. But it would make it very easy for a player to identify the price he’s paying. Slot Machine Big PayoutsRaising the price
Ultimately, the casino is selling excitement, which is comprised of hope and variance. Even though a slot may have a modest house advantage from management’s perspective, such as 4 percent, it can and often does win all of George’s Tuesday night bankroll in short order.
This is primarily due to the variance in the slot machine’s pay table – which lists all the winning symbol combinations and the number of credits awarded for each one. While the pay table is visible to the player, the probability of producing each winning symbol combination remains hidden. Of course, these probabilities are a critical determinant of the house advantage – that is, the long-term price of the wager.
This rare ability to hide the price of a good or service offers an opportunity for casino management to raise the price without notifying the players – if they can get away with it.
Casino managers are under tremendous pressure to maximize their all-important slot revenue, but they do not want to kill the golden goose by raising the “price” too much. If players are able to detect these concealed price increases simply by playing the games, then they may choose to play at another casino.
This terrifies casino operators, as it is difficult and expensive to recover from perceptions of a high-priced slot product. Getting away with it
Consequently, many operators resist increasing the house advantages of their slot machines, believing that players can detect these price shocks.
Our new research, however, has found that increases in the casino advantage have produced significant gains in revenue with no signs of detection even by savvy players. In multiple comparisons of two otherwise identical reel games, the high-priced games produced significantly greater revenue for the casino. These findings were confirmed in a second study.
Further analysis revealed no evidence of play migration from the high-priced games, despite the fact their low-priced counterparts were located a mere 3 feet away.
Importantly, these results occurred in spite of the egregious economic disincentive to play the high-priced games. That is, the visible pay tables were identical on both the high- and low-priced games, within each of the two-game pairings. The only difference was the concealed probabilities of each payout.
Armed with this knowledge, management may be more willing to increase prices. And for price-sensitive gamblers, reel slot machines may become something to avoid.
If you have a slot machine or you have bought one old used vintage slot machine and want to have some fixes to get it work then obviously you will think you need a machine technician. Many of you will even think of taking it to some repair station to get things done. But here in the guide you will find some of the repairs that you yourself can do with your slot machine and you need not need to join machine technical repair training school.
Like any other machines Slot machines too are a blend of electronic and mechanical components, that wear with age and require routine repairs. Before you begin to repair yourself do note that every slot machine that you have purchased whether old or new comes with installation and user guide manual. You need to read that many a times until you are familiar with each components and parts of the slot machine and understand thoroughly as how the slot machine works.
In your guide to repair slot machines you will find some common repairs that can be carried out by you, some videos to watch as well. If your slot machine has some complex issue then obviously you require a qualified technician.Changing the Top Florescent Light
The top florescent light bulb is easily changed by following these simple procedures. The replacement bulb is an F15T8/CW 18″ 15 Watt bulb which is available at most hardware and department stores or may be purchased online at Ebay or Amazon or realslotmachinesforsale under the category ‘parts of slot machine’.
*Open the main slot machine door and ensure the door is fully open. Turn off the power to the slot machine. The power switch can be found with the main door open about midway down on the right side just inside the machine.
*If the machine is equipped with a top ticket printer, you must pull the bottom of the printer out far enough to see where the ticket paper is located, and note the area large enough to place a couple of your left fingers under.
*Remove the top metal trim strip which is a cover plate to the right of the ticket printer and/or is located along the bottom of the top glass. There are a couple of clips on the back of the metal trim strip that fit into notches on metal bracket which holds the top glass. The metal trim strip should be lifted upwards and outwards to remove.
*Once the metal trim strip is removed, the next step is to remove the top glass. Note that some top metal trim strips have a slot in the top that holds the top glass and they must be removed very carefully as to not damage or drop the top glass.
*You can now see the top glass is held in place by usually two or three clips that rise above the metal bracket behind the top metal trim strip. Now slowly lift up on the top glass from both bottom edges until the top glass until it is high enough to gently pull it forward and allowing it to slide down and away from the top track and clips holding it in place.
*Once the top glass has been removed, put it somewhere where it will not get knocked over or broken. You will see the florescent bulb in the middle of the top box area of the machine. Care should be taken removing the bulb as it may be very hot. Remove the old bulb by twisting the florescent tube about a quarter to half turn allowing the two prongs on the bulb to slide out of the fixture on both sides of the bulb.
*Remove and discard the old bulb. To install the new bulb, align the two prongs on each side of the florescent tube with the slits on each fixture in the top box of the slot machine. Twist the bulb into place normally using about a quarter to half of a turn. If the bulb is not secure or aligned, repeat the procedure.
*If your slot machine is an IGT S Plus machine, it is equipped with a florescent bulb starter. Then you can replace the starter when replacing the florescent light bulb. The starter is an FS-U Universal Starter. They are available at most hardware and department stores or may be ordered online too. The starter for the top florescent bulb on an IGT S Plus machine is located directly behind the florescent bulb fixture on the left side of the slot machine in the top box area.
*It is replaced by twisting about a quarter to half a turn as it is held in place with a bayonet type mount. Remove the old starter and discard. Replace with a new FS-U Universal Starter by aligning the two pins on the bottom of the starter with the notches in the starter receptacle, pushing it up into the starter socket, and then twisting it a quarter to half a turn into place.
*Prior to re-installing the top glass, turn the power switch on the right inside of the machine on to verify the bulb works properly. If it does not, turn the power off and check that the bulb is properly installed and secure. If replacing a starter, check that it is also properly installed and secure.
*After verifying the bulb is working, it is now time to replace the top glass. If your slot machine has a top ticket printer, ensure the ticket printer is still pulled out so you can place your fingers in the opening while replacing the top glass.
*Carefully and slowly lift up the top glass placing each hand under the bottom of the top glass. Slide it into the upper edge track on the top box of the slot machine carefully lifting it so it slides into the tracks while being able to push the top glass back far enough to clear the two or three raised clips on the metal bracket where the top glass holding track is located.
*Gently and slowly lower the top glass behind the clips so as to allow them to hold the glass in place. If properly secured, the top glass will not be able to slide down or out of its position. Keep a secure hold on the top glass until you are certain it is secured in the proper position.
*Replace the top metal trim strip by aligning the two or three hooks the back through the metal bracket that supports and holds the top glass. Once the hooks on the back are in place, gently push the top metal trim strip down and it should snap into place. If you have a slot machine with a top ticket printer, close it tight into position. Close the main slot machine door and you are ready to play.Changing the Belly Glass Florescent Light
The belly glass florescent light bulb is easily changed by following these simple procedures. Magic of sahara slot no deposit. The replacement bulb is an F15T8/CW 18″ 15 Watt bulb which is available at most hardware and department stores or may be bought online as spare parts of slot machine.
*Open the main slot machine door. Turn off the power to the slot machine. The power switch can be found with the main door open about midway down on the right side just inside the machine.
*Facing the slot machine door, look on the right side of the door just around from bill acceptor area. You will see a knob sticking out that is approximately the size of the end of a regular pencil. This knob when pulled out releases the slot machine belly glass assembly (belly door) to fold down so the bulb can be accessed.
*There are a couple of very important thing to remember prior to pulling this knob to release the belly door. First try pulling gently on the knob. If it does not allow you to pull out and you have a lock installed directly above it, the lock must unlocked in order to allow the release knob to pull out. When pulling out the release knob, be ready for the belly door to fold down.
*Most of the time you must lightly pull on both sides of the belly door to get it to fold down, however always place your hand under it so it does not fall down too quickly causing the belly glass to break or crack.
*Once the belly door is in the down position, you will see the access to the florescent bulb bracket that is held in place by a small Phillips screw. Remove the screw and place it the coin tray so it will be handy when you need it after replacing the bulb.
*The long metal bracket that holds the florescent bulb must be slid slightly right or left so as to be able to lift it out of the belly door. Gently lift the metal bracket with florescent bulb out of the assembly far to be able to turn it over to replace the bulb. Be cautious as the bulb could still be hot!
*Grasp the metal bracket holding the florescent bulb and remove the old bulb by twisting the florescent tube about a quarter to half turn allowing the two prongs on the bulb to slide out of the fixture on both sides of the bulb.
*Remove and discard the old bulb.To install the new bulb, align the two prongs on each side of the florescent tube with the slits on each fixture that is on each side of the new bulb. Twist the bulb into place normally using about a quarter to half of a turn. If the bulb is not secure or aligned, repeat the procedure.
*Now turn the metal bracket that holds the newly installed bulb over and back into position in the belly glass assembly. Slid the bracket slightly right or left into position and replace the small screw which holds the metal bracket in place.
*If your slot machine is an IGT S Plus machine, it is equipped wit

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