500 Or Nothing Slot Machine
Oct 08, 2013 $500 Slot Machine, 10 pull attempt video (No Jackpots) On my last last trip to Vegas, you may have recalled I did 10 pulls on the $500 machine. I thought I deleted the video because I.
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Does this slot game still exist in Vegas? I haven't been able to find for the 3 or 4 years.
I assume we're talking about the same machine - the only symbols were red 7s and blanks, and three 7s paid $100 while anything else paid zero (hence '$100 or Nothing')?
500 Dollar Slot Machine
Not saying you didnt enjoy it, but I never saw the attraction with it as you probably were going to get a winner approx every 105-110 spins and never have the chance for a larger payout unless you got lucky and hit 2 or 3 winners in 50 spins.
that's the way I remember it.
I should've waited to say this. As far as AP goes, this is probably on of the best SLOT machine for promotions. (other than banking slots and a few others )They fit many slot only promotions perfectly, imagine all the possibilities (but keep them to yourself).
For the average plopster, not so much, you have to be a true gambler to enjoy them because it doesn't have that penny slot crack addiction that comes with frequent pays.
500 Dollar Slot Machine Youtube
Now that I know a bit more about slots, can someone confirm this math:
If the theoretical payback percentage of these machines are 87%, the odds of winning are 8.7 in 1,000 spins?
If the theoretical payback percentage of these machines are 98%, the odds of winning are 9.8 in 1,000 spins?
In the $100 or Nothing slot, with a $1/spin wager, and a 87% theoretical payback %, your odds of winning is 8.7 wins in 1,000 spins (1000/8.7) or an average of once every 115 spins.
With an 98% theoretical payback %, your odds of winning is 9.8 wins in 1,000 spins (1000/9.8) or an average of once every 102 spins.
In the $500 or Nothing slot, with a $5/spin wager, the odds of winning/average win frequency is the same as above.
Correct?
Every $900 payout = $1000 CI.
So in 1,000 spins ($1/spin), you'll hit it 9 times.
Yes your math is correct.
Now that I know a bit more about slots, can someone confirm this math:
If the theoretical payback percentage of these machines are 87%, the odds of winning are 8.7 in 1,000 spins?
If the theoretical payback percentage of these machines are 98%, the odds of winning are 9.8 in 1,000 spins?
(Edited - I just realized you are talking about a 100x machine, not a 500x)
An 87% return machine will return 870 for every 1000 bet, or 8.7 wins for every 1000 spins.
Similarly, a 98% return machine will have 9.8 wins for every 1000, and a 100% return machine will have 10 wins for every 1000, which makes sense as 10 x $100 out = 1000 x $1 in. (Most casinos have machines with 100% return - they're usually called 'Bill Breaker'.)Joeman
These were similar all or nothing machines that paid $25 for your quarter if you got the symbols to line up. The symbols were actually the words 'JACK' on the first reel, 'POTS' on the second, and 'ONLY' on the third. So, if you could get it to read 'Jackpots Only' across the payline, you won the $25. Otherwise, you got nothing.
I got nothing for all my spins. I still think of these machines as 'Jack Squat Only.'
These were similar all or nothing machines that paid $25 for your quarter if you got the symbols to line up. The symbols were actually the words 'JACK' on the first reel, 'POTS' on the second, and 'ONLY' on the third. So, if you could get it to read 'Jackpots Only' across the payline, you won the $25. Otherwise, you got nothing.
I got nothing for all my spins. I still think of these machines as 'Jack Squat Only.'
Thanks for the anecdote! So the concept isn't new: a $25 win for a $0.25 wager also pays 100 for 1.
You should have tried playing it about 115 times! ;-)