In the 1980's slot machines surpassed table games like craps and blackjack as the most popular game in the casino. Slots and video poker now account for more than 70% of the casino's total take. (Even so, many Vegas casinos are surprisingly unprofitable.) On the other hand, the number of slot machines. Slot machines are really popular in that country, even if they call them “pokies”instead of “slots”.) The company was founded in 1953. They have licenses to operate in 240 different jurisdictions in 90 different countries throughout the world.
Every slot player who has ever walked into a casino has probably had the fantasy of hitting The Big One, that progressive jackpot that will put you on Easy Street for the rest your life. You imagine the thrill of lining up the winning symbols and dream about how you will spend all that money. Then reality kicks in and deep down you know that you have a better chance of getting struck by lightning than you do hitting the big jackpot. Does this mean you should not play progressive slot machines?
While the odds of hitting a life-changing jackpot may be astronomical, you don’t have to avoid all progressive machines. As long as you know what to expect and have some realistic expectations you can give them a shot. There are also some progressive machines that are better than others if you want to hit the jackpot. First, let’s take a look at the basics of progressive machines.
Progressive machines are a group of many slot machines linked together by a network. The big progressive jackpot is made by taking a percentage of all the money played into the machine. This means that the jackpot continues to grow as more people play the machine until somebody hits the winning symbols for the top award. Because a percentage of the coins played form the Progressive Jackpot, the actual payback percentage will be less on the other winning symbols and, in some case, the payback percentage on the progressive machines will be less than other machines in the casino. This is true for the machines that offer the life-changing jackpots. Not all progressive machines are the same. There are actually three different types of progressive machines.
The Stand Alone Progressive
The stand-alone progressive machine is not linked to any other machines. Instead of having a fixed top jackpot it takes a percentage of the coins played and adds that to the award for the highest winning combination. It has a meter on the front and shows you the jackpot. In most cases, the payback is equal to the other machines of that denomination but it just distributed differently to give you a varying amount of the top prize. The progressive jackpots for the stand-alone machines are much lower than the ones from machines that are linked together.
In-House or Proprietary Progressives
These are a group of machines linked together and owned and operated by the casino. They may be just in a single casino or linked together with several properties if the gaming company owns more than one casino. The jackpots may not be the multi-million variety but they can be quite a substantial win in some casinos. They generally hit more often than the wide area progressives.
Wide Area Progressive
These are the machines that offer the life-changing jackpots. The machines are linked together from many unrelated casinos. These machines are operated by an independently operated rather than a single gaming company. Slot maker IGT operates games such as MegaBucks, Quatermania, and others in many different states. The casino share in a percentage of the winnings but the operator owns the games. The jackpots may be large but so are your chances of hitting the big prize. Because of the costs of linking the machine and the administrative costs to run these wide area games, the payback percentage on these machines is much lower than on other slots.
Take Away
It’s alright to try your hand at the big progressive machines hoping that lady luck will shine on you but don’t make it the mainstay of your slot play. Instead set aside a certain percentage of your playing bankroll and use that for a shot at the big one. Winning one of these is pure luck and is a gamble along the lines of buying a lottery ticket. Don’t spend your entire bankroll chasing a dream. If you want to play a progressive machine you might be better off to concentrate your efforts on the stand-alone or in-house progressives. Your odds are much better. Most importantly remember, playing slots is entertainment. Have Fun!
Signs of slot machine addiction
When gambling on a slot machine, the bond between the gambler and the machine becomes personal, no one to interfere with their gambling and no one to compete against. The player feels a fondness for a particular machine and some players even get irritated if they see someone else playing their machine. If the slot player is playing longer than he planned, spending more money than he can afford, and telling lies about how much he wins or loses, perhaps he has a problem. If s/he is concerned about his behavior while gambling and even during periods when the person is away from the casino, perhaps s/he may have a slot machine addiction. Other signs of slot machine addiction include:
1. Belief that you are not gambling with “real money”.
2. Belief that you will win back money that you lost on a slot machine.
3. Developing a personal relationship or bond with a particular slot machine.
4. Feeling irritation when you see someone else playing on “your” slot machine.
5. Playing a slot machine longer than planned.
6. Spending more money on a slot machine than you can afford.
7. Lying about how much you win or lose on a slot machine.
8. Thinking about playing the slots when you are away from a casino.
9. Problems at work, home or in a social setting due to playing the slots.
10. If you think you may have a gambling problem, you probaby do.
Slot machines are designed to be addictive
Slot machines are also known as VLTs (video lottery terminals) or pokies. The machines are designed with three or more reels that spin when a button is pushed or a handle pulled. The machines have different themes containing graphics and music from popular movies or TV show. The sounds, colors, and images on slot machines have been designed by psychologists to seduce the player and the music reinforces the addictive behavior.
Dopamine, adrenaline and slot machines
The rapid response from the machine has a hypnotic effect and stirs up the dopamine in our brains. And the speed of slot machine games keeps the gamblers’ adrenaline pumping. Even if the gambler does not win, the machine makes him feel that he almost did. And for the gambler that can be just as great a feeling as winning the jackpot. In fact, the person can sit there for hours just pushing buttons and zoning out because the games require no thought or skill. Many slot players have commented, “I just couldn’t get up and walk away.”
What Are Slot Like Machines Machine
Instant gratification on slot machines
What Are Slot Machines
When a person gambles on slot machines they don’t have to think or plan their next move. They don’t have to wait for cards to be dealt, horses to run around a track, or the end of a sports event, to know the score. Playing the slot machines person knows instantly if he won. Even if he didn’t win, the reels show him how close he came to winning. The machine tells the player that it is ready to pay off because the images on the reels were showing us three, four or five of a kind.
Slot machines are the crack cocaine of gambling
Slot machines are powerful revenue-generating forces designed to keep the player spending more money. The innocence of the slot machine attracts the gambler as he walks through the casino but the slot machine addiction has been described as the crack cocaine of gambling. The money that people gamble on slot machines typically isn’t important and is treated like Monopoly money. Even when the person loses, they believe they will win back all the money they lost to the machine. To compound the losing of money, several ATM machines are located in the gambling area. But what has your experience been? Are you having trouble with slot machine use? Please share your thoughts below, and we will respond to you personally!