1. American Original Slot Machine Odds Jackpots
2. American Original Slot Machine Odds Genesis Open
3. American Original Slot Machine Odds Jackpot

Better than handpay jackpot! Max Bet Bonus on American Original. Bet size ranging from $5 - $18/Bet. Huge Win BonusesOne of the bonuses I got 4 Bonus symbols. Flat top slot machines, on the other hand, have a fixed top jackpot. Traditional slot machines have 3 reels and usually 1-3 pay-lines. These games look mechanical, even though the results are still powered by a computer program called a random number generator. Video slot machines usually have 5 reels (or more) and at least 5 pay-lines. Need to know if Las Vegas USA Casino is a safe place to play? Read our Review. Las Vegas USA Casino offers a $20 No Deposit bonus, (the bonus code is LCB20). The online casino provides 204 casino games from 2 software companies, is mobile friendly, licensed in Panama and offers a download option. 70-inch-tall Mills Duplex deluxe upright slot machine made in 1899 still retains its original tin wheel and is one of the finest examples of its kind known. It realized $108,000 in the May 1 to 3. The odds for a particular slot machine are built into the program on the machine's computer chip. In most cases, the casino cannot change the odds on a machine without replacing this chip. Despite popular opinion, there is no way for the casino to instantly 'tighten up' a machine.

Morphy Auctions hit the jackpot during its May 1 to 3 sale in Las Vegas when a Caille Brothers Co. Peerless 5-cent floor roulette slot machine realized $300,000.

The embellished nickel-on-oak slot machine was the top dollar getter in the sale of antique coin-operated machines, gambling machines and advertising memorabilia that brought a combined $3.7 million, according to the auction firm.

Among the other mechanical slot machines that brought strong prices were:

??An imposing 70-inch-tall deluxe model Mills Duplex upright slot machine made in 1899, retaining its colorful original tin wheel, and is, like the Caille Peerless, one of the best preserved of all known survivors, $108,000.

??A circa-1912 Caille Silver Cup 5-cent slot machine, $47,000.

Holy Grail

Peter Sidlow, president of Morphy’s Las Vegas Division, said the Caille Peerless slot machine is considered the “Holy Grail” among mechanical slot machines.

The record-setting example is the finest among approximately 30 examples known and is original, without having been subjected to any professional restoration, Sidlow said. The machines were built to be used in gaming play so most examples known have considerable wear.

The machine has a multicolored roulette wheel behind glass on the top of the machine, and players could chose from up to seven slots into which to insert a 5-cent coin, with the pay-out odds listed for each. Sidlow said a player could insert coins into each slot.

After insertion of a coin or coins, turning the crank on the right side of the machine triggers the roulette wheel to rotate and also ejects a ball that will drop into a slot on the wheel once the wheel stops. If the ball drops into one of the slots for which a player has placed a bet, the slot machine will release the jackpot into the tray below.

Sidlow said this type of turn-of-the-20th-century slot machine was played well into the 1960s, and 1970s in some instances. Sidlow said although the odds on the machines were always tilted in favor of the casinos, Nevada gaming laws required the machines to pay out a minimum percentage of the money taken in.

Mills Duplex

Fewer than two dozen examples of the Mills Duplex upright 5-cent coin slot machine are known to exist, Sidlow said. Like the Caille Peerless slot machine, the Mills Duplex also has a roulette-style wheel, but on the front of the machine.

Players had 10 sets of odds to play and could see through the glass windows the number of coins in each window that could be won with a successful play. After inserting a coin or coins, the player would turn the crank on the right side of the machine, releasing the wheel to begin its rotation.

If the arrow points to the player’s odds selection on the roulette wheel when the wheel stops rotating, the jackpot is released to a tray at the bottom of the machine.

Table play

The Caille Silver Cup slot machine is an example of a slot machine than can be placed on a counter for gaming play, Sidlow said.

Also a 5-cent slot machine, the Caille Silver Cup allows players to put 5 cent coins in up to five slots, with the lowest payout at 10 cents and the highest being the $2 Silver Cup.

Once coins for gaming play are inserted into their desired slots, the player pulls down a lever than releases two colored wheels that rotate in opposite directions. Each wheel bears indicators corresponding to the potential payout.

If, when both wheels stop their rotation, the indicators on both wheels match in the area between the arrows in the center of the front of the machine, the machine pays out the jackpot indicated.

The Morphy auction catalog can be viewed here and here. Prices realized can be found here. Prices realized include a 20 percent buyer's premium.

Remember the movie National Lampoon’s Vegas Vacation, when gambling fever consumes Chevy Chase’s character, Clark W. Griswold? He goes on a losing streak to beat all losing streaks while his son, Rusty, wins four cars by playing the slot machines. Maybe Clark would have done better if he had read Probability For Dummies! In this article, you discover the basic ideas behind slot machines and how they work, so that you can get past the myths and develop a strategy based on sound probability.

Understanding average payout

When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don’t want you to read says that you lose 10 cents from each dollar you put into the machines in the long term. (In probability terms, this advertisement means that your expected winnings are minus 10 cents on every dollar you spend every time the money goes through the machines.)

Suppose you start with $100 and bet a dollar at a time, for example. After inserting all $100 into the slot, 100 pulls later you’ll end up on average with $90, because you lose 10 percent of your money. If you run the $90 back through the machine, you’ll end up with 90 percent of it back, which is 0.90 x 90 = $81. If you run that amount through in 81 pulls, you’ll have $72.90 afterward (0.90 x 81 = 72.90). If you keep going for 44 rounds, on average, the money will be gone, unless you have the luck of Rusty Griswold!

How many pulls on the machine does your $100 give you at this rate? Each time you have less money to run through the machine, so you have fewer pulls left. If you insert $1 at a time, you can expect 972 total pulls in the long term with these average payouts (that’s the total pulls in 44 rounds). But keep in mind that casinos are designing slot machines to go faster and faster between spins. Some are even doing away with the handles and tokens by using digital readouts on gaming cards that you put into the machines. The faster machines can play up to 25 spins per hour, and 972 spins divided by 25 spins per minute is 38.88 minutes. You don’t have a very long time to enjoy your $100 before it’s gone!

The worst part? Casinos often advertise that their “average payouts” are even as high as 95 percent. But beware: That number applies only to certain machines, and the casinos don’t rush to tell you which ones. You really need to read or ask about the fine print before playing. You can also try to check the information on the machine to see if it lists its payouts. (Don’t expect this information to be front and center.)

Implementing a simple strategy for slots

Advice varies regarding whether you should play nickel, quarter, or dollar slot machines and whether you should max out the number of coins you bet or not (you usually get to choose between one and five coins to bet on a standard slot machine). In this section, you’ll find a few tips for getting the most bang for your buck (or nickel) when playing slot machines.

Basically, when it comes to slot machines, strategy boils down to this: Know the rules, your probability of winning, and the expected payouts; dispel any myths; and quit while you’re ahead. If you win $100, cash out $50 and play with the rest, for example. After you lose a certain amount (determined by you in advance), don’t hesitate to quit. Go to the all-you-can-eat buffet and try your luck with the casino food; odds are it’s pretty good!

Choosing among nickel, quarter, and dollar machines

American Original Slot Machine Odds Jackpots

The machines that have the higher denominations usually give the best payouts. So, between the nickel and quarter slots, for example, the quarter slots generally give better payouts. However, you run the risk of getting in way over your head in a hurry, so don’t bet more than you can afford to lose. The bottom line: Always choose a level that you have fun playing at and that allows you to play for your full set time limit.

Deciding how many coins to play at a time

When deciding on the number of coins you should play per spin, keep in mind that more is sometimes better. If the slot machine gives you more than two times the payout when you put in two times the number of coins, for example, you should max it out instead of playing single coins because you increase your chances of winning a bigger pot, and the expected value is higher. If the machine just gives you k times the payout for k coins, it doesn’t matter if you use the maximum number of coins. You may as well play one at a time until you can make some money and leave so your money lasts a little longer.

American Original Slot Machine Odds Genesis Open

For example, say a quarter machine pays 10 credits for the outcome 777 when you play only a single quarter, but if you play two quarters, it gives you 25 credits for the same outcome. And if you play the maximum number of quarters (say, four), a 777 results in 1,000 credits. You can see that playing four quarters at a time gives you a better chance of winning a bigger pot in the long run (if you win, that is) compared to playing a single quarter at a time for four consecutive tries.

American Original Slot Machine Odds Jackpot

The latest slot machine sweeping the nation is the so-called “penny slot machine.” Although it professes to require only a penny for a spin, you get this rate only if you want to bet one penny at a time. The machines entice you to bet way more than one penny at a time; in fact, on some machines, you can bet more than 1,000 coins (called lines) on each spin — $10 a shot here, folks. Because these machines take any denomination of paper bill, as well as credit cards, your money can go faster on penny machines than on dollar machines because you can quickly lose track of your spendings. Pinching pennies may not be worth it after all!