Casino Reviews

Progressive Video Slot Machines

June 21st, 2016 ernie Posted in Slot Machines No Comments »

Progressive Video Slot MachinesWe would all like to win on one of the progressive video slot machines that populate many casinos. A win like this even after paying taxes would set us up for life. It would make a huge difference for ourselves and our families. But just how often are they won and is there really a chance to actually win a progressive video slot machines payout? The answer is yes of course.

We hear about people winning all of the time, however you must remember that the casinos love to advertise the payouts. they make a lot of money on these machines because they have all of the stats figured out and they will make far more money on these slots than some of the others. Still it can be exciting to just play and dream about these kinds of wins. This is part of the entertainment when you go to the casino. There are various types of progressive slot machines .

Progressive Video Slot Machines

Progressive slot machines come in three forms.

Stand Alone Progressive can have a fixed-top jackpot. On these machines, a specified percentage of the coins played is added to the award for the highest winning combination.

Proprietary Progressives. These are an in-house group of machines that are owned and operated by the casino. They are linked together.

Wide Area Progressives. These machines are linked together from multiple unrelated casinos. Think MegaBucks and Quartermania. With these progressives, the casino shares in a percentage of the winnings, but here, IGT owns the games. That sizable progressive jackpot is established by taking a certain percentage of all monies played on the machines from throughout the network, with the jackpot continually climbing as more players play the machines.

Using a $1 Megabucks machine as an example, these progressives return approximately 87 percent back to players compared to a standard $1 slot that returns roughly 94 percent. That 7 percent loss in your long-term return is tied up in a jackpot that you have little chance of hitting.

Our recommendation,  is to NOT make playing progressives the mainstay of your casino play. Your expectations when playing these machines is similar to hitting a lottery ticket.

Play a small percentage of your playing bankroll, and recognize that the true entertainment value is that of fantasizing about champagne wishes and caviar dreams, and not necessarily winning.

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Millennials do not like Slot Machines

October 7th, 2015 ernie Posted in Slot Machines No Comments »

Millennials do not like Slot MachinesContrary to the picture, millennials do not like slot machines that are the traditional reel type or the non interactive type of slot machines. They have been raised on interactive games that they play on their computers, tablets and smart phones. They are looking for something similar when it comes to gambling. The current crop of slot machines just does not do it for them. Millennials are in the age group that was born in the 1980’s and 1990’s. They have had a steady diet of online games growing up. This kind of environment is part of their persona.

Millennials do not like Slot Machines

Gaming companies and casinos in Las Vegas and other cities are beginning to see the effects of this shift in their customer base. Yes gambling revenues are up since the depression era of 2008 and 2009. But the people returning to the casinos are an older generation and not the millennials as we just mentioned.

As a result, gaming companies are working on a new style of more interactive games that they hope will appeal to this new generation of gamblers. It is not just the games that need to change. Regulators need to review the games, the rules, etc to ensure that the player has a real chance of winning something in addition to being entertained.

Younger gamblers appear to prefer poker, blackjack, online gaming, fantasy sports, and other such games. All of these types of games seem to have at least two attributes that attract them. The first is that it is interactive. They feel they can actually have an impact on the outcome of the game. In other words they like skill-based games. The second attribute is that they are also looking for the social aspect of the game. They want to feel that they are playing with or against other players. Even online gaming can offer this attribute by posting results compared to other players or allow them to play against each other directly.

Over the next couple of years watch for brand new skill-based interactive social slot machines making their way onto the casino floor!

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