Tight slot machines exist, both online and on land. But legal online casinos cannot push a button to tighten slot machine payouts.
- Can Casinos Tighten Slot Machines
- Do Casinos Tighten Up Slot Machines
- Can Casinos Tighten Up Slot Machines
- Can Casinos Tighten Up Slot Machines
And in 'Dennis 2,' I'm betting the loose casino in the market would greatly outperform the tighter competitors in slot win metrics. But here's the real surprise. I actually AGREE with the (otherwise misguided) slot researches who say a player can't really tell a tight slot from a loose slot after an extended period of time. All slot machines are very tightly regulated and controlled. Even the networked machines. Before a casino can change the odds or payouts, the machine has to have been idle for a specified period of time and the change must be logged and reported. Older machines can only be changed by physically opening the machine. It would be poor timing for any casino to tighten slot machines during a downturn, when customers are already watching their budgets and especially sensitive to corporate profit-boosting measures. 10 Secrets Casinos Don't Want You to Know. Subscribe for more amazing videos! Casinos are multi-million dollar business. While the recession has slot players tightening their spending habits, Nevada casinos appear to be loosening up. From 1995 through 2008, the percentage of wagers kept by Nevada slot machines crept.
Throughout the decades, many gamblers have been under a common, false impression. They believe live and online casinos have this immaculate ability to press a button to instantly tighten slots pays. For the most part, this is a grievous misconception. It's not entirely implausible, though.
Mathematical wizard and gambling strategy guru Michael Shackleford, affectionately known as the Wizard of Odds, has commented frequently on the matter. While he admits it is 'theoretically' possible to change a slot machine's payouts with the simple click of a remote control, it is not practical, or legal, to do so.
All regulated land-based casinos are required to report the programmed payout percentages of every slot machine. If they wish to change a machine's payout, they must first submit documentation to the regulator for approval. With that done, a technician has to physically open the back panel of the machine and replace the computer chip that controls the payback percentage. This chip is known as an EPROM, short for ‘Erasable Programmable Read Only Memory‘.
But as we all know, internet-based slot machines work a bit differently.
Can Online Casinos Tighten Slot Machine Payouts?
Much like land-based casinos, it's the upright nature of the operator – or in most cases, the software developer – that determines the answer to this question. Again, theoretically, yes, the developer of a slot machine can change the payback percentage with the press of a few buttons. However, no legal online casinos would allow this to happen without due process.
A legal gambling website is one under the regulation of a responsible authority which mandates all games be fair and transparent. Gibraltar, Isle of Man, Malta, the UK – these are all perfect examples. They do not permit their licensees to suddenly change the payout ratio of any game.
Can Casinos Tighten Slot Machines
It's actually rare that a software company or casino would even want to change the RTP. But if they do, there is a process that must take place first. Generally, two things have to happen. The first is mandatory, but only some jurisdictions require the second:
Do Casinos Tighten Up Slot Machines
- Prior submission of intent to the regulator, and its subsequent approval
- Transparency of RTP; the current return to player (payout percentage) must be accurately displayed within the game rules.
Only the Software Supplier can Tighten Slots Pays
Except in such cases where the operator of an online casino is also the proprietor of the software, the casino has no control over a machine's RTP. Only the software developer is capable of altering a game's programming.
These companies are under the same strict regulation as the casino operators themselves. Thus players can trust that the RTP won't change without notice, and/or consent of the regulatory body.
Stating the Obvious: Play at Legal Online Casinos
Any online casino and software brand that is not under properly regulation can do whatever they want. If the games aren't certified by an independent auditing firm, and there's no authority to punish an operator for altering their RTPs to overly tight slot machines, then there's no good reason you should trust your wagers with such websites.
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No other segment of the gaming industry has benefited more from the technology revolution than the slot machine. Once considered the ugly stepdaughter placed on the gaming floor to appease the spouses of table players, the slot machine has been transformed into the fairy princess of the gaming world. With her, she has brought a dowry of riches no one would have imagined for the casino and a few lucky players as well. Over twenty years ago the slot machine accounted for 30 percent of the casinos' profits. Today it accounts for about 70 percent. Computer technology and the ability to play with little to no gambling knowledge makes it possible to offer life-changing jackpots big enough to turn a pauper into a king.
However, the fact that it doesn't take much gambling knowledge to play means that most people don't understand the inner working of the slots -- which makes it easy to explain a loss or a win with some false logic. Like any other 'wives tales' these are passed from person to person until they become gospel. Most of these myths and misconceptions are harmless but they can add to your frustration and take away some of the enjoyment of your casino visit. Let's take a look at a few of the most popular myths and the truth behind them.
Myth #1
Someone hit a jackpot on the machine you just left -- so you would have won that jackpot if you kept playing.
This is probably one of the most common notions about slot machine gambling -- but it's patently false. The slot machines have a computer chip inside that runs the Random Number Generator (RNG). The RNG is continuously cycling through numbers even when the machine is not being played. These numbers correspond to the stops on the wheel that display the winning or losing symbols that you see when the reels stop. When you hit the spin button or pull the handle, the RNG picks the combination at that given microsecond. If you had stayed at the machine, it is highly unlikely that you would have stopped the RNG at the exact nano-second to display that same combination of numbers. In the time it takes to talk with a friend or sip your drink the RNG has cycled through thousands of combinations.
Can Casinos Tighten Up Slot Machines
Myth #2
You can tell the odds of winning by counting the symbols on each wheel.
Actually, you can't. The RNG generates a number for each spin. There can be hundreds of virtual stops on each wheel even though you only see a few symbols. For example, you may see 20 symbols on each wheel of a three-reel machine. You figure 20 x 20 x 20 = 8,000 combinations and your chance of hitting the jackpot is 1 in 8000. In reality, the computer chip may program 256 stops for each wheel which makes the odds 256 x 256 x 256 =16,777,216 combinations. Being able to generate millions of combinations is the reason that slots can offer large paybacks.
Myth #3
Casinos can loosen or tighten the slot machines with the flip of a switch.
In actuality, the slot machines have a computer chip in them that determines the payback percentage. These are preset at the factory. In order for a casino to change the payback, they would have to change the chip. In most jurisdictions, there is paperwork that has to be filled and submitted to the Casino Control Commission for each machine if the chip is changed. It's time-consuming and the chips are very expensive. Deer river mn population. For this reason, it is more economical to decide on the payback percentages before purchasing the machines and having the factory ship them with the proper chip.
Myth #4
A machine that has not been paying out is due to hit.
There is no way to determine if a machine is due to hit. Each spin is a random occurrence and has no bearing on what has happened previously. Don't ever play more than you should because of this misconception -- it will be devastating to your bankroll if you do.
Myth #5
The temperature of the coins played will affect the way a machine pays.
Unfortunately, the machine is not affected by temperature. It doesn't matter if you play hot, cold, old or new coins. The coin slot is a mechanical device and has no feeling.
Can Casinos Tighten Up Slot Machines
Myth #6
If you use your slot club card the machine will pay back less.
This may well be the most damaging myth of them all. There is no link between the card reader and the RNG, but by not using your player's card you are denying yourself valuable comps and sometimes cash back from the casino.
