Las Vegas Slot Machine Regulations

Regard to slot machine performance alone, NGC Technical Standard 3.140 requires a casino system to record and report the following information: (a) By machine or socket ID: (1) Denomination or an indication that the machine is a multi-denomination machine; (2) Slot machine number. Nevada gaming authorities have released a new set of rules ahead of Las Vegas Strip properties opening in the wake of the COVID-19 shutdown next week – and mandatory temperature checks are part of. The TMI Podcast puts you behind the scenes at the city of Las Vegas. Masks Required In Public Spaces. Help stop the spread.

  1. Las Vegas Slot Machine Regulations Online
  2. Free Slot Machine Las Vegas
  3. Las Vegas Slot Machine Sales

Coronavirus pandemic could spell economic disaster for Las Vegas

Like much of the country, Nevada has all but shut down with the bright lights of the Las Vegas Strip going dark amid efforts to slow the spread of COVID-19. But unlike other parts of the nation, no other state relies so heavily on tourism to drive its economy.

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here.

Las Vegas is set to reopen casinos following its coronavirus lockdown, but guests should not expect a return to business as usual.

Nevada Gov. Steve Sisolak set a tentative date of June 4 to reopen casinos statewide following two weeks of continued decreases in both new cases and hospitalizations. Should the decline continue through the weekend, Sisolak will hold a press conference on Tuesday to reveal further rollbacks as part of the next phase to reopen the state.

Virginia Valentine, president and CEO of the Nevada Resort Association, applauded the governor's decision, calling it 'fantastic news' for Nevada's gaming industry.

'Our members have spent more than two months preparing for this day,' she said in an emailed statement to the Las Vegas Review-Journal. 'They've put in place enhanced health and safety plans and protocols ... Our memebers are excited to show off the enhancements they've made that preserve the experience while ensuring the well-being of our employees and visitors.'

Casinos are required to submit plans for reopening, which will require approval at least seven days ahead of actually opening their doors. Other businesses, such as nightclubs, dayclubs, buffets and large venues will remain closed – including the infamous Cirque du Soleil.

“You’re going to see a lot of social distancing,” said Sean McBurney, general manager at Caesars Palace. “If there’s crowding, it’s every employee’s responsibility to ensure there’s social distancing.”

Guests will see signs everywhere that remind them to wash their hands, maintain social distancing and limit gatherings to four people when possible.

The most striking difference will be a limit on games and participants: four players only at roulette, six at craps. Plastic partitions will separate dealers from players and players from each other at the Bellagio, three at each table, and slot machines will be shut down to discourage players from sitting near each other.

“Visually, you’ll still see a lot of color and activity, but you won’t be able to play every machine,” McBurney said.

New state Gaming Control Board regulations require that casinos disinfect surfaces and give “increased attention” to high-touch hotel items like television remote controls and light switches. Dice will be disinfected between shooters, chips cleaned periodically and card decks changed frequently.

At some resorts guests will be encouraged to use cellphones for touchless check in, as room keys and to read restaurant menus. Large resorts will hand out free masks to guests, but won’t require their use.

“We all know what we’ve gone through for the last 10 weeks. No one’s having fun,” said Bill Hornbuckle, acting chief executive and president of casino giant MGM Resorts International. “The simple idea that I could get out, come to a resort, lay at a pool, enjoy a nice dinner, sit at a blackjack table. There’s something to be said for all of that.”

Regulations

The Associated Press contributed to this report.

So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well... aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.

Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout... Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.


Slot Spotlights

A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.

We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).

100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry


Regulations

Slot Machine Payback Percentages

Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:

5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%

$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%


The Math of Casino Slot Machines

For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet... just shy of 11¢. Granted these 11 cents don't get extracted instantly... this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.

Las Vegas Slot Machine Regulations Online

How was this number derived:

STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ...
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.

Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way... but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin... the more you will lose despite short runs of successful jackpots. If you find you are UP... leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.

Gamblers Library

Free Slot Machine Las Vegas

VT fully recommends the following books to help you decrease the house advantage on casino card games.

Las Vegas Slot Machine Sales

Buy used from Amazon.com and save big bucks!