Michigan Casino take per machine

[wildman49]

This is not VP per say and the article is 4 and a half years old, the take per machine per month sure tells us how hard it is to win no matter what game we play at the casino.http://www.mlive.com/business/west-mich ... llect.html

[alpax]

Thanks for sharing. I found the site to be useful to see things in perspective. I think the government's take is set to 2% as there is no tax loss - offsets for jackpot wins. A slot player can see which casino has the tightest slots and which has the loosest based on this information.

If the government's take per machine per month at Nottawaseppi Huron Band of the Potawatomi is $7,201, the average machine profited $360,050 per month to the casino and there are hundreds of them. Not sure how much is used to pay off construction debts, operational costs, and property value.

[olds442jetaway]

I wish the casinos wouldn't lump vp stats in with slots, but they always do as far as I know. They probably don't want us to see the vp returns are also in that 91-92% range. Probably a point or two of that is due to bad play however. In CT, vp/slot returns at quarter and above fall into that 91% range.

[FAA]

They probably don't want us to see the vp returns are also in that 91-92% range.I have never understood this view. I have read ad nauseam how the payback is clearly visible to everyone by the pay tables atop the machines. JOB 9/6 is 99.54%. Of course 2% of that is for the RF and they are talking long term. I dispute your 92% conspiracy theory.Would it be convenient to separately break out VP? Yes. But why draw any attention away from the uber profitable one armed bandit real estate?

[Vman96]

But why draw any attention away from the uber profitable one armed bandit real estate?


Also lumping in VP makes slot returns look more generous.

As for the article, it's definitely not uncommon for the average slot machine to win $200 or more per day at a decently busy casino. Also did anyone notice the biggest winner per machine is one of Ted's usual spots?    

[notes1]

They probably don't want us to see the vp returns are also in that 91-92% range.I have never understood this view. I have read ad nauseam how the payback is clearly visible to everyone by the pay tables atop the machines. JOB 9/6 is 99.54%. Of course 2% of that is for the RF and they are talking long term. I dispute your 92% conspiracy theory.Would it be convenient to separately break out VP? Yes. But why draw any attention away from the uber profitable one armed bandit real estate?




  in an article that someone just posted, there were stats about most recent slot payouts in state of PA. the slot machines averaged 89%. a profit of 11% on every $100 bet is not bad for a piece of machinery that requires little upkeep, collects no paycheck, no health insurance costs, etc.   

[FloridaPhil]

The Florida Native Tribe Casinos took in over 2 Billion dollars last year. I think all casinos make most of their profit from casual gamblers who will play any game you put in front of them poorly.   There are a small percentage of informed gamblers that take the time to seek out the best games and play with strategies that keep the house cut as small as possible.  The door is open to everyone, so they have to take the good with the bad.  I really don't care as long as they keep the doors open and everyone happy.