Gone are the days of the old-fashioned one-armed bandits. Coinless slot machines are now the name of the game at casinos everywhere, and collecting a jackpot is as simple as cashing out a voucher. But while the system is convenient, not all players find it satisfying. Some longtime gamblers say part of the thrill of playing the slots was the jingle of the coins as they spilled out into the bin. Plus, it's easy to stick that voucher in the back of your pocket and forget that it's there. If you do so, be sure to go back as soon as possible and cash in. Some vouchers have expiration dates, and some casinos won't let you redeem by mail.
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- The ordinary slot offers the fixed amount of jackpot, which you can learn from the pay table provided. And you can win this jackpot if you bet the max with the max coins number; the same goes about progressive slot. But what is different: every bet made by the player and making the definite amount adds to the jackpot, so it’s getting accumulated.
No More Coins
Disconnect the wiring of the coin mechanism by pulling the plugs apart. Lift the latch to open the coin mechanism and pull the mechanism toward you and slide it to the left to remove it from the door. Locate the optical sensor - this is the device that checks the size of the coin and is located in the coin path of the coin mechanism.
Casinos started to change to coinless slots around the early 2000s, due in large part to the advent of multi-denomination machines. Coinless slots mean decreased labor costs, as casinos no longer have to hire slot managers to clean out machines, make a change, and escort players to counting rooms. Players no longer have to lug buckets of dirty coins across the casino floor and wait in line for a cashier to count them. Instead, they insert their voucher into a redemption kiosk and receive their winnings. Players also don’t have to worry about a machine running out of coins while they are cashing out or wait for attendants to fill the hoppers, which can take a long time to do when a casino is crowded.
The Voucher System at Work
Whether a casino calls their coinless slots EZ-Pay or Ticket In Ticket Out (TITO), they all work the same. Instead of feeding coins into the machine, you feed any denomination of bill into the bill receptor and the machine registers the appropriate amount of credits. You then begin play. If you win, you hit a button and receive a voucher printed with the amount of your winnings. You then redeem this at the cashier's cage or redemption machine.
Drawbacks
When coinless slots were first introduced onto the casino floor, players complained mainly about the difficulty of moving from machine to machine. If they wanted to switch machines they had to take their voucher over to the cashier and convert it back to money to put into the next slot. Fortunately, manufacturers quickly addressed this problem. Today's machines now accept vouchers from other machines as payment. If you are in a hurry when you cash out, you can even just put the voucher in your wallet or purse and use it when you play later.
This, however, can cause a problem if you forget to cash it in before you head for home, especially if you are visiting a casino in another state. Most vouchers have expiration dates—60 or 90 days are most common—which can be a problem if you're playing in a casino while on vacation. While some casinos will allow you to mail in the voucher and receive a check in return, others consider the voucher null and void unless you show up in person.
How To Change Slot Machine From Credit To Coins
Because the policy for redeeming slot vouchers varies so much, not just from state to state but also casino to casino within the same state or even city, always check with casino management about their redemption policy.
Before You Go
Before you head to your favorite local casino or Vegas hot spot, make sure to check its policy. Even if you should find yourself with a voucher from a casino with a “no-mail policy,” all may not be lost. We advise that you call and ask for a casino host and explain the problem. These hosts want to do everything possible to retain their good players and they may be able to work out a solution for you.
To avoid forgetting the vouchers, make it a point to redeem them as soon as you finish playing. If you want to save them to play later, then make a habit of redeeming your vouchers at the end of the day, before heading to your room. When you get ready to check out of your hotel, make sure take a look in your wallet for any vouchers you may have forgotten.
How to pick the right slot machine at a live casino (or online).
Take a trip to any physical casino and you’ll find hundreds if not thousands of slot machines lining the gaudy carpet. Getting the right amount of entertainment for your buck is the real goal. All responsible gamblers know this. But that doesn’t mean you have to hide the fact that you really want to win a jackpot!
You’ve probably heard a lot of superstitions over the years. Bring a good luck charm, like a rabbit’s foot or some special jewelry. Feel the machines; the hot ones are ready to spew forth their wealth! Wait for an old lady to leave a machine and take it; local seniors know the best slots! None of these are reliable ways to choose a good game. Winning slot machines really is more of a science, thankfully.
How to Pick the Right Slot Machine
For the most part, I’m going to focus on live casino slots; those located in a real, physical casino. I’ll also touch on the digital (online) variety before I’m done, so keep reading for more info on that.
There are three factors to consider when choosing what machines to play. The cost, the position, and the jackpot size.
Cost to Play
Most casinos offer slot banks in a scaling range of coin denominations. You have your penny slots, nickel slots, quarter slots, and dollar slots. Which one do you think is more likely to pay out a jackpot? If you said the $1 slots, you’re right. The higher the cost to play, the higher the payout percentage (amount machines pay-out compared to take-in, over years of play).
The scary part is that casinos know how people’s minds work. Most players think $1 is a lot to play per spin, so they drop down to the $0.25 machines. It’s not so damaging on your bankroll, but still expensive enough to pay far better than the cheap-o games, right? This is where the casinos get you! Those quarter slots are actually the worst of all!
The average payout percentage for slot machines on the Las Vegas Strip, by coin size, is:
Penny Slots = 90.82% RTP
Nickel Slots = 91.88% RTP
Quarter Slots = 89.98% RTP
Dollar Slots = 92.63% RTP
Position of Slot Machines
Location, location, location! That statement doesn’t just apply to real estate. The positioning of a slot machine can have a huge impact on its payout percentage. Picture this… A slot machine is located in a far shadowy corner of the casino. Someone wins a jackpot on it. The bells chime, the lights flash. How many people in the casino are going to notice? Just those in the vicinity of that corner, right?
If that machine were centrally located, perhaps near the table games area, a lot more people would know about it. Some table games players might even switch to slots for a while hoping to mimic that win. Casino managers thought of this long before I did. The highest paying slots will be centrally located among the masses.
Jackpot Size Matters
How To Change Slot Machine From Credit To Coinbase
There are two basic types of jackpots – static jackpots and progressive jackpots. A static jackpot pays a specific amount for triggering a specific feature or symbol combination in the game. A progressive jackpot is won in the same way, but the prize slowly grows larger and larger until it’s won, similar to a lottery drawing.
As much as you want to win that larger, ever-growing prize, you’re better off steering clear of progressives. Their payout percentages tend to be much lower; often paying 85-86% at live casinos.
Winning Slot Machines Online
As promised, I’ll take a moment to touch on the topic of online slot machines, too. These games are different in some ways, so it’s not the same as picking the right slot machine at a live casino. The big difference is that internet casinos don’t have massive bills to pay each month. They can afford to give up more in payouts, and they do.
Online slots have an average payout percentage of 96.2%. That’s far higher than any of the games in Vegas. Changing your coin size rarely effects the payouts, either. Most games you can play for a penny, or a dollar, and get the same payout ratio. Progressives are the exception. The more you spend on those, the higher your odds of winning the jackpot. But like land-based casinos, the payback percentage on progressives are worse. Unless you’ve got plenty of cash to spare, don’t bother with them.
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