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USE THE Power OF SLOTS

USE THE Power OF SLOTS

There’s strength in numbers

By Frank Scoblete

I’m just a slot player,” some slot players will say as table-game players look at them with pity, concern, contempt.

Slot players often feel that they are less-valued casino players than other casino players. How do I know this?

I’ve asked them after they have warmed up to talking about their play. Speaking to a writer will frequently put players off since they feel that writers have a tendency to be snooty and condescending.(Perhaps some writers are.)

Slot players should understand that with no them the casino market across the nation and across the globe would not exist. You’d have some venues such as Las Vegas and Atlantic City (maybe a couple of casinos) and right here and there across the world but the income nation-wide and world-wide would be reduce way brief.

Slot machine revenues make up 60 to 90 % of many casinos’ income—and that’s a lot. Yet, when you have thousands of casinos all over Earth, there are not enough players to maintain them all afloat.

If we all of a sudden stopped all casinos from using slot machines to create income, nicely, most casinos would fold speedily.

Take this to heart: Slot players rule they are the royalty of casino play. Period. Without those players, the machines would be useless. Even the thriving slot machine enterprise on the Net would crumble and we would be left with silly games about candy and creatures no 1 with any intellect can stand. You’d commit a lot of time playing against teenagers and college students hunting to although their study time away.

If you are a slot player, and I would guess you are if you are reading this, then take the reality that you are royalty to the casinos’ hierarchy as a offered.

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TAKE Advantage OF YOUR STATUS

Slot players like to be comped. In fact, just about all casino players like to be comped, but often slot players undervalue their comp energy. They subscribe to the personal computer-generated ratings of the value of their play. These ratings, in my opinion, are somewhat skimpy.

LEVELS OF COMPS

You are a 25-cent slot player, not a heavy hitter like these 5, ten, twenty and hundred-dollar bruisers, some of which want an attendant to record the amounts they gamble that are more than 10 thousand dollars.

Most 25-cent slot players do not consider of how much income they place by way of the machines in the four- to six- to eight-hour stretches they play, which is the typical time for such players.

Let’s take a look at the quantity of cash that may well go through the former one-armed bandits.

[Please note: I nonetheless like making use of the ancient title “one-armed bandits” in spite of the fact that practically no 1 makes use of that term any longer. It accurately described those early slot machines. I give tribute to them. They began the slot machine revolution that has come to fruition right now.]

Let us take a basic machine—the traditional a single with 3 symbols that spend us if they hit. You can prorate the new machines you might play to the three- symbol winners that allow you to place in considerably much more income/credits than the standard 3.

The newer machines can take a lot far more income from you, as can the progressive machines, which have high home edges. Your comps need to be far more if you play the newer machines.

The average house edge on the 25-cent ma- chines is about ten percent.&nbsp A player might face 12 decisions an hour. That is 75 cents (full coin) that comes to $9. That is almost as considerably as the $ten table-game wagers. The property edge on table games is generally well below 10 percent—more like a high of two to 5 %. (The exceptions would be some bets on craps that can go sky higher, even greater than the 75-cent slot-machine take.) A six-hour slot player at the conventional machine will place by way of $540 per hour and $3,240 in six hours. That player will be expected over time to drop $340 per day. Table-game players can anticipate to acquire roughly 30 to 50 % of their expected losses in the form of comps.

Now, devote Friday, Saturday and Sunday in the casino and that $3,240 rises to $9,720.The anticipated loss would be $1,020.

[Please note: You can make this any 3 days. You can make this as numerous days as you go to the casinos in a month or year. It’s the total quantity of expected losses that the casino demands to figure out what you are worth to them. Midweek players are worth more to the casino than weekend players. I am not exactly sure what the percentages are in this case.]

Let us take 30 to 50 percent of the anticipated losses. The 30 percent return would be $306, although the 50 % return would be $510. Mid- week casinos will usually give even low-level slot players totally free or tremendously decreased rooms and restaurant reservations (you can get really, extremely fat at the buffets!).

Yes, a lot of casinos will offer gifts. Some players have so several steak knives that they would have to purchase a ranch. Some casinos give them bottles of cost-free wine.

Where ARE YOU?

If you are a dollar player or a 5-dollar player just figure what the casino ought to give you as a reward for your expected losses. And get a host. Sometimes hosts will get you more!

All the greatest in and out of the casinos! D

Frank Scoblete’s web site is www.frankscoblete.com.His books are offered from Amazon.com, Barnes and Noble, Kindle,&nbsp e-books,&nbsp libraries and bookstores.

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