Electronic Craps Machine Odds
Mohegan Sun Casinos, Connecticut. Valuables electronic craps machine Leisure: best gambling website online. With a view; 2.wager to activate roulette football anglais Bonus electronic craps machine Spins. 530 Gregory Street Black Hawk, Colorado 80422 (303) 582-1100 Saratoga 101 Main Street Black Hawk, CO 80422 (303) 582-6100 Formerly. Craps Machine not paying the full payout odds Interblock makes electronic craps games (and others) that are popular in casinos worldwide. A suit was recently filed against Interblock claiming that the game shorts players on winning bets by not paying the full payout odds. Yes, and if you did this while I was the shooter you would go broke. I have been playing craps for years and I have had many monster rolls. Once on a cruise ship I held the dice for 40 minutes.
Many people will be visiting a casino this summer, whether on a trip to Vegas, on a cruise ship, or just at a local casino during a 'staycation.'
But before you go, you may want to know which games give you the best chance of winning.
So we went behind the scene at two casinos, and spoke with the game managers, to find out which games give you an edge.
Table Games Your Best Bet
Jay Bean, a Caesar's floor manager, agreed to sit down with us and talk about the games with the best odds.
He said many people don't realize that table games have much better odds than slots. They are intimidated by thoughts of card sharks taking their money, with images of an intense Texas Hold 'Em tournament in their minds, and so they stick with the safe games: the slots.
But they are doing themselves a disservice, he said.
Bean's advice? After you've spent some time on the slot machines, move on to the Blackjack table, and start by just observing.
1. Blackjack
Electronic Craps Machine Odds
Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said.
Plus, you are playing against only the dealer, not hooded poker champions.
'Blackjack is one of our easiest games to play,' Bean said. 'You're just looking for a number that beats the dealer's number without going over 21.'
If you're a novice, Bean said to sit down during a less busy time, such as the afternoon, and the dealer will walk you through the game.
But the same is not true with poker: You should practice the game with your friends first, at home, Bean said, until you are comfortable with it. Bean said novices are best off passing on the poker tables, where yes, the competition can be tough.
You can find out more information about the game of blackjack at the following link:
http://wizardofodds.com/games/blackjack/
2. Craps
So from the Blackjack table, he suggests moving on to the dice game Craps, the game with the second best odds, also nearly 50-50.
The Craps table can be a bit intimidating for the beginner with all the boxes on the table, Bean admitted. But it's really not tough, and it has one of your best chances of winning. In the end, all you are really doing is betting on a dice roll.
For more information on craps, visit:
http://wizardofodds.com/games/craps/
3. Roulette
Bean said your next stop should be the Roulette wheel. It's simple, and pays fairly well.
'So you bet on your favorite numbers,' Bean said. 'The dealer spins, and if your number comes in you win.'
If you stick to betting on just Reds or Blacks, you have nearly a 50-50 chance of walking away a winner. If it lands on red when you choose red, you will double your bet, Bean explained.
While it may seem you have an even chance of winning by simply choosing a color, there is one catch that gives the house its edge: the extra green 0 and 00 position on the wheel. It's on all American roulette wheels.
Or, if you feel lucky, play just one number. It's hard to win, but if you do it pays out 36 to 1.
For more information on roulette, visit:
http://wizardofodds.com/games/roulette/
Worst Odds
Your worst odds? The casinos, understandably, did not want to talk about games with poor odds.
So we turned to Forbes Magazine, which in a report about Best Bets at the Casino, said two popular games -- the Wheel of Fortune and the ever-popular slot machines -- have the lowest odds of winning, with a house edge of 10 percent or more.
The Experts Agree
Professor of Analytics Michael Magazine has crunched the numbers, and agreed that blackjack is the best way to go home with money in your pockets. He said if you take a little time to learn the game, you have the best odds of winning.
'You are somewhere between 44 percent to 48 percent in every single hand of winning,' he said, noting that no other casino game gives you odds that good.
But Magazine cautioned that he's not promoting gambling, because he said even games with the best odds still favor the house.
'Play it long enough and you will lose. In the long term the house doesn't lose,' Magazine said.
If You Love The Slots....
Finally, if you really enjoy playing the slots, here is some good information to know, from state casino reports we examined.
With slots, the more money you put in per bet, the higher your chance of winning. If you put the max in a penny machine, which is usually around 50 cents, you have much better odds than if you put in 2 cents.
In addition, penny slots have the lowest odds, with $1 and $5 slots paying much better.
Always gamble responsibly, and don't waste your money.
__________________________
You can learn more about specific odds of slots machines in each state that has casino gambling by visiting the American Casino Guide.
Don't Waste Your Money is a registered trademark of the EW Scripps Co.
'Like' John Matarese on Facebook
Follow John on Twitter (@DWYM)
- Appendices
- Slots Analysis
- Miscellaneous
Introduction
The following table ranks the Las Vegas casinos according to the looseness of their video display reeled nickel slot machines. The returns are based on a sampling of five different types of machines. The data collected goes back as far as October 2001 so the information is a bit dated.
Las Vegas 5 Cent Slot Survey
| Rank | Casino | Average Return |
|---|---|---|
| 1 | Palms | 93.42% |
| 2 | Gold Coast | 92.84% |
| 3 | Sahara | 92.81% |
| 4 (tie) | Bourbon Street | 92.63% |
| 4 (tie) | Imperial Palace | 92.63% |
| 4 (tie) | Slots a Fun | 92.63% |
| 7 | Key Largo | 92.60% |
| 8 | Western | 92.57% |
| 9 | Ellis Island | 92.56% |
| 10 | El Cortez | 92.56% |
| 11 | Orleans | 92.56% |
| 12 | Circus Circus | 92.56% |
| 13 | Gold Spike | 92.55% |
| 14 | Fitzgeralds | 92.54% |
| 15 | Fiesta - Rancho | 92.53% |
| 16 | Arizona Charlie's East | 92.51% |
| 17 | Barbary Coast | 92.50% |
| 18 | Terrible's | 92.49% |
| 19 | Arizona Charlie's | 92.49% |
| 20 | Hard Rock | 92.47% |
| 21 | Town Hall | 92.47% |
| 22 | Longhorn | 92.47% |
| 23 | Riviera | 92.23% |
| 24 | California | 92.14% |
| 25 | Lady Luck | 92.10% |
| 26 | Nevada Palace | 92.06% |
| 27 | Plaza | 91.94% |
| 28 | Luxor | 91.92% |
| 29 | Paris | 91.92% |
| 30 | San Remo | 91.88% |
| 31 | Excalibur | 91.84% |
| 32 | Palace Station | 91.84% |
| 33 | Ballys | 91.82% |
| 34 | Las Vegas Club | 91.76% |
| 35 | Four Queens | 91.75% |
| 36 | Texas Station | 91.71% |
| 37 | Casino Royale | 91.67% |
| 38 | Boulder Station | 91.55% |
| 39 | Aladdin | 91.5% |
| 40 | O'sheas | 91.48% |
| 41 | Hilton | 91.40% |
| 42 | Boardwalk | 91.28% |
| 43 | New York New York | 90.99% |
| 44 | Horseshoe | 90.96% |
| 45 | Sam's Town | 90.89% |
| 46 | Santa Fe Station | 90.87% |
| 47 | Flamingo | 90.86% |
| 48 | Golden Nugget | 90.85% |
| 49 | Stratosphere | 90.8% |
| 50 | Tropicana | 90.71% |
| 51 | Golden Gate | 90.64% |
| 52 | Silverton | 90.57% |
| 53 | Main Street Station | 90.56% |
| 54 | Westward Ho | 90.40% |
| 55 | Fremont | 90.37% |
| 56 | Castaways | 90.36% |
| 57 | Monte Carlo | 90.24% |
| 58 | Stardust | 89.97% |
| 59 | Frontier | 89.91% |
| 60 | MGM Grand | 89.81% |
| 61 | Harrahs | 89.32% |
| 62 | Treasure Island | 89.32% |
| 63 | Mirage | 89.3% |
| 64 | Caesars Palace | 89.05% |
| 65 | Mandalay Bay | 88.87% |
| 66 | Rio | 88.72% |
| 67 | La Bayou | 88.26% |
| 68 | Mermaids | 88.26% |
| 69 | Bellagio | 87.42% |
| 70 | Venetian | 86.66% |
| 71 | Airport | 85.02% |
Excluded Casinos
The Suncoast and Rampart Casino in Summerlin do not allow playing slots and taking notes at the same time. I can not include any casino that prohibits the method in which I gather data.
Location Averages
The next table shows the average return by location.
Returns by Region
| Location | Average Return |
|---|---|
| Off strip | 92.07% |
| Downtown | 91.66% |
| Strip | 91.47% |
| Total | 91.74% |
The above sign can be found across the street from the Palms. Although I did the study Anthony Curtis published it in the LasVegas Advisor, which is how it become well known. The'...' in the sign encompases quite a bit of information,which was conveniently left off the sign. Actually the study only says that the Palms had the lowest nickel video slotsof the casinos surveyed in Las Vegas. The small print at thebottom says, 'Independent study conducted between November2001-February 2002 on Austin Powers, Fortune Cookie, Reel'em In, and Wheel of Fortune games. They left off LeopardSpots, and the study began in October.
Observations
There seemed to be no truth behind slot placement myths. Machines on the end of a bank did no better on average than those in the middle. There was also no correlation between return and proximity to such things as the main door, table game pit, high traffic areas, and low traffic areas.
Most casinos were very consistent in their slot returns.If one nickel machine had a return of x% then all others like it also returned x%. However some casinos did mix up loose and tight machines, most notably Treasure Island and the California casinos.
Methodology
A kind and anonymous source provided me with par sheets for the games in question. The EPROM (Erasable Programmable Read Only Memory) chip is what tells the machine the order of the symbols on the reel, in some cases how the stops are weighted, how much each winning combination pays, and any other pertinent information about how much the machine pays.It is up to the slot manager to select which EPROM chip to order according to the return percentage desired. On atypical game there might be about 8 different possible return percentages, ranging from about 85% to 98%.
Each of the different par sheets has five sets of distinct reels. On video display slots the stops are not weighted; in other words all stops are equally likely. The distribution of each symbol on each reel is what determines the theoretical return of the machine. For example a higher paying machine may have more of the higher paying symbols.
On the machine itself three consecutive symbols arevisible on five different reels. By comparing actualobservations of results to the par sheets it is possible todetermine which reels the machine uses, and thus which par sheet and which return. There are various three-symbol combinations that appear in at least one but not all par sheets. So if one of these combinations occurs on an actualmachine it narrows down the possible par sheets. By playingenough the player can narrow down the possible par sheets tojust one.
To help identify the unique combinations I wrote a computer program for each game, which had the exact reel order of all 5 reels of all the par sheets. The program then counted the number of par sheets with each possible three-symbol combination. If the number was greater than 0 and less than the maximum then that combination was identified along with the associated par sheets it belonged to.
It is then a matter of simply playing the game and comparing the outcomes to the list of partially unique combinations. It only takes about 5-10 plays per machine to narrow down the possibilities to just one par sheet.
The averages in the table are actually an average of averages. For each kind of machine at each casino I took an average return. Then I took the average of these averages over the five kinds of machines I tested for.
Slot Machine Definition
There is some confusion about what constitutes a 'slot machine' or 'slot.' My definition, and that of most gamblers, is a gambling machine with either actual spinning reels or video representations of the them.
People in the gaming business and regulators generally refer to a slot machine as any gambling machine, including reeled slots, video poker, video keno, video blackjack,etc.. For purposes of statistics both casino managers and regulators combine all the electronic gambling machines together. For example, the Slot Chart in Casino Player magazine and reports by the Nevada Gaming Control Board do not isolate just reeled slots but consider all electronic games a 'slot.' Therefore my return percentages should not be expected to agree with those reported by the casinos or regulators. As far as I know mine is the only source to isolate just the return of reeled slots.
Electronic Craps Machine Odds Poker
Acknowledgements
I would like to thank Rob Feldheim for helping with the slot play and record keeping. Rob helped me with most of the casinos on the east side of town and part of downtown. I would also like to thank par Sheet Pete (not his real name)for providing the par sheets, without which this project would not have been possible.
Internal Links
Go to slot machine appendix3B (Jean/Primm slot returns).
Go to slot machine appendix 3D(Henderson slot returns).
Go to slot machine appendix 3E(Las Vegas quarter and dollar slot returns).
Go to slot machine appendix 3F(Montreal slot return).
Go back to slot machines.
External Links
Electronic Craps Machine Odds Ncaa Basketball
The main-stream media has covered this study in depth. Here are links to some articles.
- Turning'em loose, an article that appeared in the Las VegasReview Journal on May 19, 2002, about the possible effectsof this study.
- One-Armed Bandit or Robin Hood?, an article by myself for Contingencies Magazine explaining the methodology, results, and weaknesses of the study.
- Play by the rules and the one-armed bandits will still win. Boston Globe article about slot machines, in which my Las Vegas survey is mentioned and my advice quoted. (cache)