Casinos can loosen or tighten the slot machines with the flip of a switch.
In actuality, the slot machines have a computer chip in them that determines the payback percentage.
These are preset at the factory.
In order for a casino to change the payback, they would have to change the chip.
Do casinos control slots?
It does matter. In essence, any slot machines with odds of winning directly controlled by a casino have patterns of winning because casinos keep adjusting those odds to meet their financial performance metrics. These patterns make it possible for savvy slots enthusiasts to improve their own gambling performance.
Do casinos change odds on slots?
By law, Nevada casinos must on average return at least 75 percent of slot machine wagers. The reality is they return more than 90 percent, casino operators say, though they do not publicize the figures. Also under the law, they cannot modify the payback percentages while someone is playing.
Why do casinos get rid of slot machines?
Answer: Economics is the primary reason that casinos remove slot machines. Another economic reason that a casino may replace a machine is because it is adjusting the hold on its slot floor and the machine pays back too much (and, rarely, too little) for the new hold philosophy.
Can Indian casinos control slot machines?
All the slot machines are new. Can they control these machines with the computer software? Indian casinos are regulated by the federal government via the Indian Gaming Regulatory Act, and also by the state if the tribe has negotiated a compact with the state in order to offer Class III games.