Las Vegas slot machines are known by a variety of names around the world. Slot machines in Australia are generally referred to as video poker, poker machines or pokies. In Japan it is known as pachisuro. In Britain, they are usually known as Fruit machines, Bandits and AWP (Amusement with Prizes)
Traditional slot machines are coin-operated machines with three or more reels, which spin when a lever on the side of the machine is pulled.
ITEM Madison's Auction & Appraisal LTD / Madison's Auction October 25th Sale / Welcome to fabulous las vegas nevada slot machine 200 Welcome to fabulous las vegas nevada slot machine.
Las Vegas slot machines which are considered modern slot machines are designed to look and feel like the old mechanical models, but they work on a completely different principle. The outcome of each pull is actually controlled by a central computer inside the machine, not by the motion of the reels.
The positions the reels will come to rest on are chosen by a Random Number Generator (RNG) contained in the machine's software. The RNG is constantly generating random numbers, at a rate of hundreds or maybe thousands per second. As soon as the lever is pulled or the 'Play' button is pressed, the most recent random number is used to determine the result. This means that the result varies depending on exactly when the game is played. A fraction of a second earlier or later, and the result would be different.
What does all this mean, you ask? It means,
Las Vegas slot machines have one of the worst House Advantage. That means the odds are always in the slot machine's favor.
There is no reward for playing longer. Each play is an independent event with the same odds of winning or losing as every other play on that game.
Persistence doesn't pay off. The result of your previous play or series of plays doesn't determine what happens on your next play.
There is no way to tell which slots are wining machines. Slots are never 'due for a win' and they don't 'go cold' after a win.
The location of the slot machine, whether it's on the Strip, off the Strip or Downtown affects the outcome of a game.
Now, here is the news you don't to hear. There is really no strategy to out smart the slot machine. However what we can show you are some wining tips on playing slot machines.
One of the questions visitors to Las Vegas ask is, where are the loose slots. Loose slots are Slot machines with above-average pay outs.
It's a fact that Las Vegas Slots differ in their payouts. Generally the odds of wining any prize on Las Vegas Slot Machines are approximately 1 in 5. However the odds to wining a top prize on a red, white and blue slot machine, for example, are only 1 in 373,248.
Some slot games pay smaller prizes more frequently and offer more bonus games (Loose Slots). Other machines pay out more often in the middle and top prize categories. It's important to mention that the chances of winning smaller prizes on slots are greater than the chances of winning top prizes.
Tips for Wining Big on Slot Machines
Use your Player's club card
Play two-coin, three reel, one payline slot machines.
Stay away from three-coin machines unless they are progressive machines.
Don't play more than one machine at a time.
Always play the maximum coins.
Always play machines that show double up symbols.
Don't play nickel slot machines. (check the house advantage here)
The Slot Expert's Guide to Winning at Slots
The Best Number of Coins to Play in Slots
| Type of Machine | Rules and Reasons |
|---|---|
| Progressives | Play maximum coins. If you play don't play maximumcoins, you're only increasing the jackpot for someone else with nochance of winning it yourself. |
| Straight Multipliers | Play one coin at a time. The payback and hitfrequency are the same regardless of the number of coins you play. |
| Bonus Multipliers | Play one coin at a time. The chances of hitting apayout with a bonus are so small, it's not worth the extra risk. |
| Buy-A-Pays | Play maximum coins. The increase in payback andhit frequency purchased by the additional coins can turn a terriblemachine into a good one. |
| Hybrids | Play just enough coins to activate all winningcombinations. Extra coins are rarely worth playing in amultiplier, and hybrids are multipliers when you're in themultiplying section of the paytable. |
| Hidden Buy-A-Pays | Play maximum coins. The feature activated byplaying the last coin frequently makes the last coin pay back over100%. |
| Multilines | Play one coin or maximum coins. Play maximum coinsif having winning combinations land on paylines you didn't activatebothers you, otherwise play one coin. |
| Multicoin/Multilines | Play one coin each on as many lines as you like. Play one coin on each line if having winning combinations land onpaylines you didn't activate bothers you, otherwise play one coin.If there's a Hidden Buy-A-Pay, play enough coins to activate it. |
Source: John Robison - www.Robison.CasinoCityTimes.com
Slots Machines House Advantage and Expected Lose
| House Advantage | For Every $100 bet, the player can expect to lose | |
|---|---|---|
| Penny Slots | 8%-12% | $8 - $12 |
| Nickel Slots | 6%-12% | $6 - $12 |
| Quarter Slots | 5%-10% | $5 -$10 |
| Dollar Slots | 2.5%-6% | $2.50 -$6 |
Take a different twist on the increasingly popular game of poker and play your favorite video reel games at most Las Vegas Casinos. Choose from the hottest Vegas video reel games and slot machines. You'll find all your favorites, plus progressives and video poker in a wide range of denominations. Video poker provides all the strategy of poker but at your own pace.
Did you know...
The largest Las Vegas slot machine jackpot ever, was paid on a Megabucks machine at the Excalibur Hotel, for $39,713,982.25 on March 21, 2003. More Las Vegas Facts.
Do you know ... your chances of hitting a winning combination are the same on every spin.
Coin-Op & Advertising – Las Vegas
This 1,400+ lot auction follows closely on the heels of the company’s $3.5 million coin-op sale in May, 2016 and also includes a wide range of other top-tier collecting categories.
Las Vegas, Nevada, September 12, 2016 – Morphy Auctions, the finest auction destination for fresh to the market collections, is pleased to announce this can’t miss Coin-Op and Advertising two day sales event to be held on Saturday, October 15th and Sunday, October 16th, 2016 starting at 9am PST both days. All lots from this auction are on display in Morphy’s Las Vegas auction gallery and available for preview now.
Collectors will most certainly want to drop a dime on this auction’s incredible selection of almost 120 antique gaming machines. Lot #58, an exquisite 5¢ Mills Duplex floor wheel slot machine, will turn a few heads with its $100,000-150,000 estimate. Manufactured in 1899, this sexy senior citizen is detailed with a handsome oak cabinet and brass patinaed cast metal elements; up to 10 nickels can be played per pull. What collector wouldn’t want to add lot #169, a circa 1901 5¢ Caille Black Cat upright slot machine, to their meow mix? This rarity, estimated at $60,000-90,000, features a wood cabinet, detailed metal fixtures, and a charming black feline proudly displayed front and center on the wheel. Lot #167, a 5¢ Mills Lone Star slot machine is another celebrity of this event. Estimated at $40,000-60,000, this circa 1910 floor model features an oak cabinet with beautiful carved details and ornate metal furnishings. Lot #981, a c. 1898 5¢ Mills Judge upright musical slot machine, holds court with its $20,000-40,000 estimate. Made by American Canco, this upright machine has 5-5¢ gambling options with payouts on 10¢, 25¢, 50¢ and $1.00. And it’s worth a trip from anywhere to check out #922, a 5¢ Caille The Tourist counter drum. Estimated at $45,000-65,000, this circa 1912, all original machine displays the names of countries, instead of the names of cities as in the “City Reel” model.
This sale’s offering of over 90 arcade games will put bidders in a most playful mood. Lot #232, a 1¢ Mills Novelty Submarine lung tester, is breathtaking in its rarity and presentation. Created in 1910, most of these machines machines were eventually destroyed due to outbreaks in tuberculosis. It is estimated at $4,000-6,000. And its par for the course with lot #236, an English cast iron Golf Floor Model arcade machine, estimated at $10,000-20,000. This expertly restored machine rests on a matching base. Its top marquee is decorated with two golfers and an instruction plate; its cabinet interior features 6 automatons, each holding a golf club.
Change is also in the air with this sale’s offering of over 70 vending and 30 music-making machines. There may be a stampede of interest in lot #45, a circa 1907, highly collectible 1¢ Buffalo chewing gum vendor, estimated at $3,000-6,000. And lot #918, a coin-operated Regina mechanical music player and an empty Regina cabinet, is right in tune with its $4,000-7,000 estimate. This lot includes 12 disks.
Let’s offer up a toast to this sale’s incredible offering of 140 lots of antique advertising and ephemeral items featuring alcohol. Lot #134, an old port back bar bottle, and lot #27, an old rum back bar bottle, are both from the 1890’s and have labels under glass featuring intoxicatingly beautiful female figures. They are estimated at $10,000-20,000 each. California is in the spotlight with lot #192, a San Francisco based Enterprise Brewing Company Yosemite Beer reverse glass saloon sign, estimated at $15,000-30,000, and lot #949, a circa 1890 California Brewing Co. reverse glass corner sign featuring a wild bear surrounded by barley, estimated at $10,000-20,000. It’s a day at the beach with lot #83, an El-Bart Dry Gin tin litho advertising sign decorated with a lovely young lady posing seductively on the shoreline. This 1906-era rarity is estimated at $20,000-40,000. And it won’t be difficult to pull the trigger on lot #191, an Old Forester Whiskey tin litho advertising sign, estimated at $20,000-30,000. It features a great image of a man holding a gun and standing next to an oversized bottle of whiskey. The sign is titled “Guarding A Good Thing In Arizona.”
This auction offers over 70 lots of truly refreshing antique soft drink advertising items. Lot #596, a circa 1918 Montelaise Cheriola syrup dispenser, and lot #597, a Drink Fan-Taz syrup dispenser, bubble to the top of the highlights in this category. Each of these clean and beautiful examples is estimated at $20,000-30,000. And it’s the real thing with lot #625, a circa 1907 cardboard Coca-Cola trolley sign. This framed piece features a cheeky young man drinking a glass of Coca-Cola and is estimated at $300-700.
There’s no match to this sale’s world-class selections of tobacco related antique advertising, with over 50 smoking lots on offer. Lot #513, a Wm. Demuth & Co. Manufacturers advertising figure from the late 19th century features a punch figure with a cigar in his mouth, one extended hand holding a bundle of cigars, and the other pointed towards his face. This piece, which retains its original fuel inlet, is believed to be the best original example of very few known, and is estimated at $100,000-200,000. And it’s hail to the Chief with two extraordinary hand carved, mid-19th century wooden cigar store Indian displays. The first, lot #511, stands tall, with one hand extended – holding a bundle of cigars – and the other held close to its body, hand in a fist. Believed to be carved by Samuel Robb, it is estimated at $100,000-300,000. And the second, lot #512, features a handsome Indian holding a bundle of “Best Quality Cigars” and looking off into the distance, one hand shading his eyes. It is estimated at $60,000-90,000.
Fine selections of vintage toys, fine antiques, general store selections, furniture, radios, and other advertising ephemera – including lot #710, a circa 1900 “Watermelon Man” lithograph for Ullathorne’s “Memphi” Watermelon Seed Company, estimated at $8,000-12,000 – round out this exciting sales event.
According to Dan Morphy, President of Morphy Auctions, “This upcoming sale is a fantastic mix of antique coin-op machines and advertising buying opportunities. Seeing these things in person is like taking a 100 year trip back in time. Our Vegas auction gallery could be a movie setting for an early 20th century arcade or casino! The 5¢ Caille Black Cat Upright Slot Machine is simply breathtaking. It would be worth a trip from anywhere to see these world-class examples – and this live event – in person.”
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4540 Arville St. Unit B-12
Fabulous Vegas Classic Slots
Las Vegas, NV 89103
(800) 355-7917
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Email: morphys@boxbros.com
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