Why do you the very smart people still play the slot machines.

Mr. T

Well-Known Member
#1
It doesn't make sense as you will be losing 2.5% or much more every time you play. You pride yourself as a cardcounter ( there is even one by that name here) get 1% advantage over the house and get all the heat from the house and maybe get thrown out of the casino.
You look down on the BS players and call the freshies derisively as ploppys and yet you feed these slots machines very foolishly with your hard earned money all the time. Now who is calling somebody stupid and who is smart.
 
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supercoolmancool

Well-Known Member
#2
Mr. T said:
It doesn't make sense as you will be losing 2.5% or much more every time you play. You pride yourself as a cardcounter ( there is even one by that name here) get 1% advantage over the house and get all the heat from the house and maybe get thrown out of the casino.
You look down on the BS players and call the freshies derisively as ploppys and yet you feed these slots machines very foolishly with your hard earned money all the time. Now who is calling somebody stupid and who is smart.
Who are you talking about? Who's playing slot machines?
 

GeorgeD

Well-Known Member
#4
zengrifter said:
I don't know who he' talking to, but slots are beatable just like video poker. zg
Tell me more! Maybe it will help me stop my wife from losing my table winnings ...... or more.
 

RJT

Well-Known Member
#8
I'm going to assume that zen's talking about 2 different stratagies here - 1) looking for machines with player friendly mistakes in their payout schedual and 2) looking for progressive jackpot machines where the jackpot's got large enough to outweight the house advantage and varience.
Would i be right Zen? If not please go into more detail.

RJT.
 

shadroch

Well-Known Member
#9
Casinos often offer multiple points or cashback days.Playing on a 5X points day at a Harrahs property comes damn close to being a breakeven game. Throw in the inevitable free room and buffet and whatever free gifts they are giving to entice you in,and it is a positive EV.Of course,if you don't hit a few decent bonuses on your spins,you'll still end up losinga some bucks.Its just that the value of the freebies offsets your losses.
 

ScottH

Well-Known Member
#10
RJT said:
2) looking for progressive jackpot machines where the jackpot's got large enough to outweight the house advantage and varience.
I hear the variance on a slot machine is a you know what! :cry:
 

shadroch

Well-Known Member
#11
Some of the older games had secondary rounds that were quite trackable.
There was a variation of Double Diamond that had a mine shaft. Every time a diamond symbol appeared,it went into one of several shafts. When X amount of diamonds were in the shaft,a bonus would be triggered.Slot sharps would hang around waiting for others to fill the shafts and then pounce on the games.
 

Mimosine

Well-Known Member
#12
i play slots when i have coupons and once in awhile i drop in a $20 just for "entertainment" oh and it helps keeping the slot coupons coming.

can't stand VP or any other casino game. just star wars slot machine and BJ.

was reading the other day that progressive slots can be +EV and that penny slots have a horrible house edge, sometimes up to 20%!
 

shadroch

Well-Known Member
#13
Mimosine said:
i play slots when i have coupons and once in awhile i drop in a $20 just for "entertainment" oh and it helps keeping the slot coupons coming.

can't stand VP or any other casino game. just star wars slot machine and BJ.

was reading the other day that progressive slots can be +EV and that penny slots have a horrible house edge, sometimes up to 20%!

When you play the penny Star Wars,if you play for less than the $3 max per spin,your +EV goes up tremendously. That is because without the max bet,you are ineligible for the million dollar top prize,so the payouts are higher.
 

Mimosine

Well-Known Member
#14
shadroch said:
When you play the penny Star Wars,if you play for less than the $3 max per spin,your +EV goes up tremendously. That is because without the max bet,you are ineligible for the million dollar top prize,so the payouts are higher.
i usually play it for around 30-90 cents a spin. i've won roughly $200 playing it at various locations. it's a good time killer and entertaining for awhile.

i didn't realize that the paytable changes when you bet under the max bet.... how can that be?
 

EasyRhino

Well-Known Member
#15
shadroch said:
When you play the penny Star Wars,if you play for less than the $3 max per spin,your +EV goes up tremendously. That is because without the max bet,you are ineligible for the million dollar top prize,so the payouts are higher.
Wait, that's the opposite of conventional advice on slots. Most of the time the non-jackpot payouts correspond exactly the house bet, so the edge doesn't change.

Are you saying that the entire paytable or hit frequency actually changes on the game depending on what you bet?
 

Mimosine

Well-Known Member
#16
EasyRhino said:
Wait, that's the opposite of conventional advice on slots. Most of the time the non-jackpot payouts correspond exactly the house bet, so the edge doesn't change.

Are you saying that the entire paytable or hit frequency actually changes on the game depending on what you bet?
hit frequency does, only because you can bet 1, 5, 9, 15, or 30 lines.
but what shadroch is referring to i'm not entirely clear on...
 

shadroch

Well-Known Member
#17
Yes,the win frequency on these games changes based on how much you bet. Its insidious,because its the exact opposite of what most other machines do.
If you play the game at max coins,$3 a spin,you are eligible for a seperate prize- a jackpot that starts at $1,000,000.People not betting the max coin are not eligible for that prize,so the machine doesn't collect any "premium"
to cover it.When playing $3 a spin,you are betting about $2.80 on the game and twenty cents on just that jackpot. If you bet $1.50 a spin,the whole $1.50 goes into whichever prize you may win.
Its along the lines of games like Goldfish or The Big Monopoly Community Game,where you are actually playing two different games,with two different bets at the same time.Only Star Wars doesn't make it so obvious as the newer games do.
 

EasyRhino

Well-Known Member
#18
Huh, I wonder if the payout percentages are similar in the two different Star Wars modes (except for the jackpot version being crazy high variance, of course)

Oh, and wait, this isn't like a thing where the last several coins you play do nothing BUT enable the jackpot, is it? If so, that would be a common feature of many slots (like the ones they have where you can win a car, etc.)
 

Mimosine

Well-Known Member
#19
shadroch said:
Yes,the win frequency on these games changes based on how much you bet. Its insidious,because its the exact opposite of what most other machines do.
If you play the game at max coins,$3 a spin,you are eligible for a seperate prize- a jackpot that starts at $1,000,000.People not betting the max coin are not eligible for that prize,so the machine doesn't collect any "premium"
to cover it.When playing $3 a spin,you are betting about $2.80 on the game and twenty cents on just that jackpot. If you bet $1.50 a spin,the whole $1.50 goes into whichever prize you may win.
Its along the lines of games like Goldfish or The Big Monopoly Community Game,where you are actually playing two different games,with two different bets at the same time.Only Star Wars doesn't make it so obvious as the newer games do.
this clears things up quite a bit, thanx!
 

shadroch

Well-Known Member
#20
EasyRhino said:
Huh, I wonder if the payout percentages are similar in the two different Star Wars modes (except for the jackpot version being crazy high variance, of course)

Oh, and wait, this isn't like a thing where the last several coins you play do nothing BUT enable the jackpot, is it? If so, that would be a common feature of many slots (like the ones they have where you can win a car, etc.)
I have direct insider information on this. I got it from a guy who overheard this being discussed between a guy who had overheard it from someone who drives the exact same model car as Jeanne Scott.

Actually,I'm only passing along information that was discussed at length on the LVA forums when the machines were new.From what I gather,game 1 tops off at about the $2.80 mark and game two is only instigated by depositing the entire amount needed.
 
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