Generally the odds of wining any prize on Las Vegas Slot Machines are approximately 1 in 5. However the odds to wining a top prize on a red, white and blue slot machine, for example, are only 1 in 373,248. Slot machines are a primary producer of casino revenue and popular collectible items. As a blend of electronic and mechanical components, slot machines will wear with age and require routine repairs. Complex repairs require the use of a qualified technician, but common repairs can be carried out by the machine owner. Please Subscribe if you've enjoyed any of my Slot-Play / Live Play videos so you can be informed whenever I upload a new slot Jackpot Win or loss.

So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well.. aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.

Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout.. Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.

Slot Spotlights

A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.

We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).

100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry

Slot Machine Payback Percentages

Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:

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5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%

$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%

The Math of Casino Slot Machines

For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet.. just shy of 11¢. Granted these 11 cents don't get extracted instantly.. this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.

How was this number derived:

STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ..
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.

Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way.. but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin.. the more you will lose despite short runs of successful jackpots. If you find you are UP.. leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.

Gamblers Library

VT fully recommends the following books to help you decrease the house advantage on casino card games.

Buy used from Amazon.com and save big bucks!

Slot Machines and Video Poker comprise the largest amount of space on the casino floor. The machines range from traditional 3-wheel slots, such as Red White and Blue; to branded bonus-round machines like Monopoly, and multi-game Video Poker machines. Be sure to use your slot card to earn comps!

Casino	Number of Slot Machines
Eldorado Hotel Casino Reno	2000
Peppermill Reno Resort Casino	1900
Silver Legacy Resort Casino	1600
Atlantis Casino Resort Spa	1500
John Ascuaga's Nugget Casino Resort	1400
Grand Sierra Resort and Casino	1300
Club Cal Neva	1300
Circus Circus Reno Hotel and Casino	1200
Harrah's Reno Hotel and Casino	996
Sands Regency Casino Hotel	650
Boomtown Reno	600
Baldini's Sports Casino	470
Tamarack Junction Casino	460
Bonanza Casino	420
Siena Hotel Spa Casino	0

Grand Sierra Reno Slot Machines (A)

Red White And Blue Slot Machine

GSR has a good selection of newer slots. The floor is well-spaced out, and there's good video poker. We've found ourselves playing 9-6 video poker here while waiting for friends or dinner or whatnot. There's a good mix of slots, including traditional reels, lots of video poker, newer games, and lots of the state-wide progressives, including Monopoly and a few others. Drinks are served fast and cold. (be sure to tip your drink girl!)

I opted for the bill test and the BV lit up and I tested both a $20 and a $5 successfully. When I put the machine back in service the BV light went out and it would not accept any bills. Also, for what it's worth, this machine has a Multi Denomination option and while the Change Denomination button lights, it does not work. Slot machine bill acceptor not working. All parts work in other machines. Thanks Dan Bob, The heads, power supplys and MPU boards work fine in other machines. If installed in the 'problem' machines, they cycle on power up but will not take a bill in at all. As if they were not activated. You should write a book. Install the set chip in the game prom socket. This chip resets the slot machine‘s bill validator. Turn on the slot machine. When the bill validator reads “9,” “9 0” and “9 1”, you will know that the set chip has updated the validator. Turn off the machine and remove the chip. Topic: IGT S+ Bill Validator Not Working - IS Activated (Read 25985 times). 2011, 04:33:49 PM » Hello everyone! I am new to NLG, and I am also the new owner of my very own slot machine (first of many to come!!) It is a IGT S+ M

Red White And Blue Slot Machine Odds