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Jun 11, 2019 Just an editorial on slot machines. I was in Las Vegas about a year ago and was disappointed that they took paper money and paid out by printing a slip of paper to take to the cashier to cash. About 10 years ago I remember feeding coins into the slot machine and having it dump out coins for the winning pulls.
Most of the games are 5 reel video reels. Bets range from 8 cents to $8.80. There are two things to consider when choosing the bet level. The top row of betting buttons drive the number of gold symbols on the machine. For 8 cents you get 1 gold symbol. For 88 cents you get 5 gold symbols. The gold symbols raise the pays in the base game for that particular symbol. For example 5 non gold boats pays 10 but 5 gold boats pays 100. (not sure on the exact numbers but hopefully this gives you the gist of it). Anyway, the second row of betting buttons are bet multiple buttons. 1x to 10x.
If I recall the rules correctly, for all the 5 reel games, the number of gold symbols also make it possible to win larger progressives... 1 gold (8 cents) = no progressives, 2 gold (18 cents I think) = mini only ($10-15 typically) on up to 5 gold (88 cents) = grand (starts at $10k), major, minor, mini.
On this version of the game, I tried playing 88 cents (5 gold symbols / 1x bet multiple). I was up or even on 6 or 8 consecutive machines and that's when I started thinking I was on to something... Not so sure now since I ran into a couple of rice bowls that just would not close.
Speaking of closing the rice bowl, on this game I found 10 rice bowl levels that are 5 wild symbols apart from one another. If you start with the emptiest rice bowl you are 50 wilds away from the fullest rice bowl. After the rice bowl is full, the coin picking feature comes. It seems like it is typically between 80 and 100 additional wilds collected, but I've seen it be far less or far more. Also, I have occasionally seen the rice bowl close with less than a full rice bowl.
One other notable thing about the 5 reel game... In free spin mode all the lower paying symbols like A, K, Q, and J go away.
I wonder how I could apply a value to each gold symbol bought... Almost like playing the lottery less the top jackpot but with a lower priced ticket.
There is also a 3 reel version of the game that works essentially the same way but there are not any A, K, Q, or J symbols on the reels. In the 3 reel game, the minimum bet level is 88 cents and all symbols are gold. The max bet is still $8.80 per spin.
Depending on the version of the games with this functionality, the rice bowl graphic progression may or may not be the same. For 88 fortunates and du fo whatever they are the same. For the tall deluxe machine, they are different.
Free Coin Slots
- There is definitely a random element to triggering the coin picking bonus.
- I've seen it trigger more times before the pot if full, but when the pot is full, I'm finding it closes on average around 70-80 collected symbols.
- When choosing the coins and it hits the mini jackpot about 90% of the time. and the minor the rest of the time... I'm assuming Major and Grand will hit sometime, but quite infrequently.
- The symbols you are trying to collect (fu bats?) you get about 1 every 4 spins of so.
- Mini starts at $10; minor at $25; major at $800; Grand at $10K
Coin Slot Machines
So here is what I'm thinking, to keep it simple evaluate mini only conditions...If I take 75 collected symbols X 4 spins per symbol, I get 300 spins.... It's probably better than this because of the free spins feature.
If I play for $0.18 per spin so only the mini is in play, that's $54 coin in.
Assuming 80% payback on the base game and the free spins, I'm going to lose $10.80 waiting for that rice pot to close.If the mini is $10.80, then I'm in the neighborhood of break even.
If the mini is at $15, I have a 7.8% advantage.
Am I doing this right? Probably not... Criticism is welcome.
Next thought... Does anyone know what happens in the free spin mode when I play for $0.18 (one gold symbol) in the main game? Do all the symbols go gold in free spin mode?
Oh... Merry Christmas!
To get 75 collected spins might close the pot on average but that is only after the pot is already full. You also have to count the spins and symbols it takes to get the pot full. My calculation is it takes many symbols to collect before the pot is even full. So when someone wins sat the mini and starts over.....how many total symbols does it take? That will take a lot more money.
I thought I had covered that in a prior post but maybe not. Actually it's worth revisiting because I noticed something new with filling the bowl...
Initially I had counted 5 Fu bats between each level of coins in the rice bowl and 10 levels until full. After that, a random close based on collection of incremental Fu bats, but averaging somewhere around 75 more for 125 total Fu bats to close.
When I noticed the pot adding coin level off the normal 5 Fu bat schedule, the pot closed before it was completely full.
At first I theorized that there was a non visible virtual wheel where every time a Fu bat was collected some spaces were populated with a progressive jackpot winner space... The more Fu bats, the greater the chance of landing on a winner. Unfortunately that would not explain why the 5 Fu bat count per coin level in the bowl changes and the rice pot closes early. Maybe I lost count? Dunno...
Anyway, take all this with a grain of salt. I'm not a pro at analysis of slot vulturing. Actually, UX aside... This is my first crack at it. It could be a total wiff.
I think it would be helpful to calculate the value of the meter, but since these machines are linked im at a bit of a loss how to calculate that. I do get the feeling that making up $.80 from meter rise would not take much.
As a result, I think the play as I described is +EV, but in a very low rolling capacity.... Or, I'm dead wrong.
I posted this because the edge is so small and the denomination so low, I could not imagine this doing harm to anyone's capacity to make a mortgage payment and because selfishly I want to know if I'm thinking about slot analysis correctly.
Do you know why they call it 88 Fortunes?
I'll bite. Do tell...
The other day, a couple were playing 88 Fortunes at 88 cents and the bowl was completely full and never closed to give them the Progressive, even after they spun like 100 times. That was beyond disgusting and I felt so bad for them.
If you read the Help screen, the verbiage has something to the effect saying the number of coins in bowl has no effect.
The coins are for entertainment value.
I've played them a bit. I don't have records for it specifically, though. It seems like the coin bonus isn't good enough to make it +EV, even if the mini/minor are really high. I've hit the major (the one that's $800-$1k usually) 2 or 3 times, I've never hit the grand ($10k+). If they're +EV, I can't imagine they are by much. I don't play them anymore, unless I want to put some slot play on my card, which is rare.
It's a game slot hustlers or bonus hustlers (aka AP who play slots) would chase. The term they use is 'it's a play'.
As with any uncapped progressive jackpot, there will be an amount that causes the game to be +EV (and the variance notwithstanding). The rule is despite being +EV, you still need to take the jackpot down (aka you may lose money chasing a +EV situation).
Most of these bonus hustlers will gather empirical evidence[A] and then work backwards. They also make assumptions about the house edge. Then it becomes a math problem.
Cheers
[A] If these are class 3 machines, then the machine has no memory, each spin is random, etc. So the bonus hustlers use the Law of Large Numbers, e.g. collect data of when the progressive hits -- usually, 30 data points or obversations is enough data to use to risk chasing after the jackpot. Separately, with the 30 data points, they have a good idea of the house edge and variance (low watermark or biggest drop as well as swings).
I chased bonus slots as a hobby in the past and most bonus hustlers will not invest $$$ to get the 30+ observations. One reason is because it's a slot machine and the manufacturer can change the chip without anyone noticing. Additionally, that each casino can choose different settings.
I used to use this simple rule: Observe 100 'independent' Jackpots and the top 3 to 5 values will give you an idea of +EV. By independent, I don't mean looking at the same jackpot more than once per day. If the jackpot didn't hit today, then record the next day's value. If the jackpot still has not hit, just record one data point per day. I learned in life that the market clears at the market price. There are a lot of smart ploppies and smart bonus hustlers.
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A slug is a counterfeit coin that is used to make illegal purchases from a coin-operated device, such as a vending machine, payphone, parking meter, transit farebox, copy machine, coin laundry, gaming machine, or arcade game.[1] By resembling various features of a genuine coin, including the weight, size, and shape, a slug is designed to trick the machine into accepting it as a real coin.
Though slug usage is a violation of the law,[2] prosecution for slug usage is rare due to the low value of the theft and the difficulty in identifying the offender. Offenders in casinos are most likely to be prosecuted,[example needed] as casinos have high levels of video surveillance and other security measures, and are more proactive in enforcement.[citation needed]
Losses caused to vendors by slug usage may be the result of the loss of sales, the absence of revenue following the distribution of merchandise that was obtained at the vendor's expense, or the loss of cash that is distributed by the machine for overpayment with slugs. Honest customers may also suffer losses when change returned for overpayment is in the form of a slug rather than a genuine coin.
Use of other currencies[edit]
In some cases, a slug can be a genuine coin used in another country, with or without knowledge of the user. One example was the interchangeable use of Australian and New Zealand 5c, 10c and 20c pieces in both countries, from 1967 until 2006 (when New Zealand coins were redesigned). These coins were of the same material and size with near identical obverses, so could circulate outside their home country for some time, although the New Zealand coins were worth about 20% less, potentially resulting in a small gain (to those passing them) in Australia and a similar loss in New Zealand.
The Canadian quarter was also accepted by at least some US vending machines interchangeably with the US quarter until at least 2001. The usefulness of this to offenders varied greatly over time; during the 1970s and 1980s, the Canadian and US quarters were very similar in value.
The 10 Syrian pound coin is often used as a slug in Norway, as the shape and weight of this coin strongly resembles the 20 Norwegian krone coin. As of February 1, 2014, ten Syrian pounds converts to 44 øre (0.44 kroner). 20 kroner is over 45.4 times the value of the Syrian coin. While not easy to find in Norway, the Syrian coins are still used in automated machines there with such frequency that Posten Norge, the Norwegian postal service, decided to close many of their coins-to-cash machines on February 18, 2006, with plans to develop a system able to differentiate between the two coins. In the summer of 2005, a Norwegian man was sentenced to 30 days, suspended, for having used Syrian coins in arcade machines in the municipality of Bærum.[3]
In the UK, during the late 1990s some coin-operated slot machines would accept two Austrian schillings glued together as if they were a £1 coin. The two original coins had a net value of under 10p at the then-current exchange rate. Coin detectors were soon reprogrammed to detect and reject the Austrian Schilling. Not long after it was possible to buy on the Internet a bag of 100 washers for under £20 that had been deliberately made to fool the machines into accepting them as £1 coins. Coin detectors were again reprogrammed to reject those slugs as well.
The Irish pound coin in use from 1990 to 2002 was the same size as the old pre-decimal penny, so vending machines had to be modified to differentiate them. Many machines simply had the pound slot disabled with a riveted plate.
Many coin-operated machines in Germany would accept the 1992, 1993 and 1995 stampings of the cupronickel Estonian 1 kroon coin as a German 1 mark coin. This was profitable for users of the Estonian coins as the kroon was pegged to the mark at a fixed rate of 8:1. All cupronickel 1 kroon coins were demonetized in May 1998 and the replacement aluminium-bronze Estonian 1 kroon coin was not interchangeable with the German mark in coin-operated machines.
The use of 100-won coins for the slug of 100-yen coins and cupronickel 20-sen (RM 0.20) pieces still commonly occurs, contributing to the continued conflict between Japanese and Korean citizens.[4] Similarly, until 2000, the Korean 500-won coin could be modified to match the weight of the original 500-yen coin which was otherwise identical in diameter and composition, and thereby used to fool weight-sensitive vending machines.[5][6]
From the fall of the Soviet Union to the monetary reform in 1998, the Russian Federation often issued a commemorative one-ruble coin that was identical in size and weight to a 5 Swiss franc coin. For this reason, there have been several instances of these (now worthless) ruble coins being used on a large scale to defraud automated vending machines in Switzerland.[7]
In the US, Connecticut Turnpike tokens had a value of 17.5 cents in the early 1980s, but due to having a similar design as New York City subway tokens worth 75 cents it became common for commuters to use the Turnpike tokens on the subway. The matter went unresolved for three years; users were not prosecuted, but when Connecticut discontinued tolls on the Turnpike, they agreed to redeem the roughly two million tokens from the MTA at face value.
In 1988, Thailand started minting a bimetallicten baht coin that is quite similar to the 2 Euro coin (first issue in 2002) in weight, size and appearance. Because it is worth substantially less, it has been used to fool cashiers and automated vending machines since the very first days of the 2 Euro coin circulation.[8][9]
Composition comparison[edit]
Slugs are usually made from metals differing from those of real coins. While genuine coins in the United States currency are made from various alloys of copper, nickel, and zinc, Canadian coins are made mostly from steel with some copper and nickel, and euro coins are made from steel, nickel, and brass, slugs are frequently made from differing metals and alloys that are cheaper to obtain and mold, such as aluminum, tin, and lead.
Slugs may or may not have the face details of real coins. Some slugs that are made to match the face details may not be immediately recognizable as such to handlers, and may enter circulation.
Older, cheaper, and other low-tech machines that have fewer security measures are more likely to be defrauded by slug users. As an example, the full-mechanical mechanisms still used today in candy machines can be fooled by a cardboard coin. Many newer machines, especially those found in casinos, have additional detection that can identify more details of coins and detect those that do not resemble real coins.
See also[edit]
References[edit]
- ^'Indiana Code Title 35. Criminal Law and Procedure §IC 35-43-5'(PDF). in.gov. Indiana General Assembly. Archived from the original(PDF) on July 21, 2008.
- ^'8 U.S.C. § 486 – Uttering Coins of Gold, Silver or Other Metal: 'Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title or imprisoned not more than five years, or both.' Note that 18 U.S.C. § 491 also addresses the creation of coins, but this particular code section prohibits the creation of coins or the use of similar metal objects for the purpose of inserting into parking meters, vending machines, and similar venues'. communitycurencies.org. U.S.C. Retrieved August 19, 2018.
- ^Andersen, Øystein (February 18, 2006). 'Myntsvindlere herjer i Oslo'. Dagbladet (in Norwegian). DB Medialab AS. Retrieved March 8, 2008.
- ^박상은 기자 [Park Sang Eun] (August 11, 2015). ''100엔 대신 100원 넣는 한국인 조심해요' 日 트윗 확산' ['Watch out for Koreans putting 100 won instead of 100 yen']. 국민일보 [Kukmin Ilbo] (in Korean). Retrieved July 13, 2017.
- ^The Contemporary 'Won' Coins of the Republic of Korea (1966 - Present) Dokdo Research (dokdo-research.com). Retrieved on 2017-05-05.
- ^Metropolis [Tokyo] Money Talks: Short Changed
- ^'Mit alten Rubelmünzen Automaten am Zürcher HB geplündert' (in German). Swissinfo. 15 November 2006. Archived from the original on 30 September 2007.
- ^admin. 'Europe has been talking about the 10 baht/2 Euro problem for some time | 2Bangkok.com'. 2bangkok.com. Retrieved 2018-12-31.
- ^'Euro-Bargeld: Thai-Münzen überlisten Automaten'. Spiegel Online. 2001-11-26. Retrieved 2018-12-31.