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Do you know anything about it? The game was closed, and there was no one around to explain what it was. The rub, Steve, is that even if some machines in Casino A are “looser” than Casino B next door, there’s no way to verify which machines on the floor pay back what.Longtime readers of this column know the drill and only make wagers on a crap table, or any bet in the casino, that has less than 2% house edge....
That said, a loose slot doesn’t mean the player has any additional advantage over the house.I am skeptical of those “Loosest Slot” ads mainly because that term is never machine-specific. My question is this....
And keep in mind that slot machines hold some of the largest house edge ratios for casinos no matter where you play. Every bet offered has a house edge of 11. Every bet offered has a house edge of 11....
“Up to” could denote but one machine out of a bank of machines that is set to pay back at 98%, which technically, complies with that advertisement.What is a certainty, Steve, is that casinos do not set every slot machine to the same payback percentage.Ga...
Instead, let’s concentrate on your other inquiry, that of “loose slots.” Is this a myth? SteveAs I stated in that column, Steve, it is not cost effective for casinos to vary their payouts on slot machines when the circus comes to town. Here in Reno, casinos talk and advertise about “we’ve loosened our slots,” or, we have “the loosest slots in town....