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The Beat goes on - Article about slot hold and freeplay

Discussion in 'Slots & Video Poker' started by VEGASBJ, Jul 28, 2016.

  1. VEGASBJ

    VEGASBJ
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    Some pretty interesting comments and observations in this article about how slot hold and freeplay may be affecting the player and the casino.

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  2. Hard4

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    Very interesting. Provided a good read at lunch. Thanks for sharing
     
  3. Hoofy7

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    Good article. The newer slots also seem to be penny slots with higher maximum bets. All the licensed titles and graphics are put in to these to lure and entice the player into a higher hold machine. I am spending $8.88 to $16 on some penny machines per spin. That's a lot of money in one minute! I could go in to the HL rooms and bet that on a lower hold machine, but the marketing executives have done their research. They know what slot players like and an interactive experience and a title of a childhood movie that brings back fond memories sucks us in. Wonka and Wizard of Oz are extremely popular for this reason.
     
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  4. Malibugolfer

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    Interesting and a validation of many people's perceived experiences over time.
    I liked this:
    "There is now widespread belief that an overall increase in slot hold percentages by casino operators could be having a deleterious effect on customers’ gaming experiences."
    Do ya' think?
     
  5. SinD

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    I think the penny machines lure the people in because.... well, It's only pennies, right? And yes, the per spin rates can easily hit $5 to $10. I play them sometimes when I am messing around, killing time, but I prefer the $5. Here is my reasoning.

    I used to play the $1, always losing. I was usually playing 5 per spin. When hitting a pay line, most machines stay in the low to middle ranges, rarely hitting more than a few hundred. If I take that same $5 and go to a 3 reel machine at $5 denom, I have a much better shot at a hand pay, even only playing 1 credit. If the machine seems to be doing well and I am playing with house money, I will bet more credits and then...

    At any rate, I do much better playing like that. 3 out of 4 nice winning trips since Memorial day. One of those, I hit 5 hand pays and I was only Vegas 38 hours.
     
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  6. VEGASBJ

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    Yeah, when the economy was bad a few years ago the first thing the casinos did to generate more revenue was tighten up all the machines and reduce paytables
     
  7. Malibugolfer

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    The article does a good job of explaining how the "penny" machines, while sometimes being $8.00 a spin for multi-line max coin, still reflect a high house %, low payout because of the denomination.
    Yet the free play that is given out have caused the actual house hold to decrease. So they lower the pay out % more.
     

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