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Morning, Noon, or Evening. We already mentioned that slot machine games are run by RNG, and this is never going to change. Ultimately, the time of day or the number of people already playing the game is not going to have any impact on ultimate outcome of the game. That equates to an average slot generating $226 per day. This figure is even more startling when you consider that most slot machines have an RTP (return to player) over 90%. The average slot pays. Gayle Mitchell concurs but provides a narrower time frame. Mitchell states that the best time to play the slots is from 2 to 6 a.m. Mondays, just after a busy weekend. Most venues in the entertainment and hospitality industries experience more traffic during the weekend than at any other time of the week.
I doesn't matter what time of day, or day of the week you play.
*sigh*
I doesn't matter what time of day, or day of the week you play.
April 31st from noon to 6pm is when I prefere. Haven't had a losing sesion since I turned 21. ;+)
*sigh*
I doesn't matter what time of day, or day of the week you play.
That's only true under the assumption that the casino doesn't dynamically change their floor on a schedule as the OP said. At least two major gaming manufacturers, IGT and Bally, have systems that allow precisely that to happen -- and at least the Aria is totally set up for that technology. On-the-fly floor mix changes is one of the benefits of server-based gaming. The question is 'if that's implemented, what's the schedule?'.
To my knowledge, most casinos have not implemented server-based gaming in this level of detail. It's still very much a turn-the-key process.
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Even if we ignore that issue, it wouldn't be good business to loosen and tighten slots according to the hour or day. For any given casino there is going to be some optimal return to set the slots at, according to denomination. Same as any other game. Make the machines too tight on a busy night, with a captive audience, and you may make more money temporarily. However, you'll create ill will among all the players who lost, and they will be less likely to return.
That said, I'm not sure I agree that it's not good business. It's very commonplace in other industries to charge different fees for the same services at different times. Lunch always costs less than dinner. Even in table games, you can find a $5 table mid-day Thursday but not Saturday evening. Other than changing the game entirely, the two levers the casino has are denom and edge. Most slot games are multi-denom, so that leaves only edge. In my mind, taking a multi-line penny machine from 92% to 90% on a Saturday evening isn't much different than taking a dice table from $5 to $10. Casino games have different EVs based on location, why not time?
I always thought different EV's based on slot location was a myth because of the random assigment of the chip. I don't know.
Most people look at the vast array of casino slot machines and assume they are all alike. They see a handle, a coin slot, flashing lights and figure one is as good as another. However, in making this assumption, they fail to see a lot of valuable information to help determine if they should play a particular slot machine.
Surprisingly perhaps, machines aren't all the same. The best way to separate one from another is to learn how to “read” a machine by looking at the payout schedule on the front. Let’s see what information can be found on a typical slot machine.
Casinos here in the U.S. and abroad keep several types of slot machines in play at any given time. A few you'll most often see:
Multiplier: This machine has a payout for a certain symbol and the number of coins played multiplies it. If the machine pays 5 coins for three lemons when you play one coin, it would pay 10 for the second coin and 15 for three coins played. This machine does not penalize you for not playing maximum coins. If you plan to play only one coin at a time, this is the type of machine you should look for.
Bonus Multiplier: This machine operates like the multiplier but offers a bonus when you play maximum coins and hit the jackpot. Three 7’s may pay 1,000 for one coin, 2,000 for two coins and 10,000 for maximum coins. The central question is whether the bonus is worth playing the extra coin.
Multiple Payline: These machines have more than one line of play. Each coin activates a particular line. If you hit a winner on a line that is not activated, you will not receive anything. The older machines used to have three lines but the newer video slots can have up to nine lines.
Buy-a-Pay: These are the most misunderstood machines in the casino. Each coin activates a different payout. You need the maximum coins to receive the largest jackpot.
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One example is the Sizzlin' 7s machines. This machine will pay on cherries, bars, and sevens. The sevens pay 1,000 coins. If you play one coin you collect only on the cherries. If you play two coins you collect on cherries and bars.
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Three coins are required to collect on the Sizzlin' 7s. If you hit the jackpot with one coin in you will not win anything -- do not play this machine under any circumstances unless you are playing the maximum coins.
Progressive Slots: The progressive slots take a certain percentage of the money played and add it to a pool for the top jackpot.
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First and foremost, It is never wise to play a progressive machine with less than the maximum coins -- stories abound of people losing out on lesser progressive jackpots because of short coin play.
Some casinos link machines together within their own facility to offer mini-progressive jackpots.
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Megabucks and Quarter Mania are examples of machines from several casinos linked together to offer 'life-changing jackpots'. It's important to keep in mind that payback percentage on lesser wins is lowered to allow for these jackpots.
All of the information you need is posted on the front of each slot machine. Before sitting down to play, taking a minute to “read” the machine will help make you more knowledgeable in determining which machines may be best suited for you.
Until next time, remember:
'Luck comes and goes...Knowledge Stays Forever.'