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  2. Slot machine - Wikipedia

    en.wikipedia.org/wiki/Slot_machine

    Row of digital-based slot machines inside a casino in Las Vegas. A slot machine, ... The highest payout of 2,400:1 occurs only on average of once every 64 3 = 262,144 ...

  3. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The average payout is (+$9−$10)/2 = −$0.50. The casino advantage in this case is $0. ... Keno can have house edges up to 25% and slot machines can have up to ...

  4. Ticket-in, ticket-out - Wikipedia

    en.wikipedia.org/wiki/Ticket-In,_Ticket-Out

    A ticket from a slot machine at Caesars Palace in Las Vegas, Nevada. Ticket-in, ticket-out (TITO) is a technology used in modern slot machines and other electronic gambling machines in which the machine pays out the player's money by printing a barcoded ticket rather than dispensing coins or tokens. The player may then redeem the ticket for ...

  5. Return to Player - Wikipedia

    en.wikipedia.org/wiki/Return_to_Player

    In Australia and the UK, information about the game cost often includes Return to Player values (for example, the average payout percentage or the percentage of money stakes saved) in order to protect players. [1] The UK Gambling Commission allows customers to be informed about the risks in the form of Return to Player or house-edge percentages ...

  6. LV Strip (Nevada gaming area) - Wikipedia

    en.wikipedia.org/wiki/LV_Strip_(Nevada_gaming_area)

    For the previous 12 months ending 31 August 2009, the Las Vegas Strip earns 83.6% of the pit revenue in Clark County, and 50.6% of the gaming revenue from other sources (slot machines, sports bet, parimutuel, etc.). Penny slot machines is the only categories of gaming devices where revenue is increasing.

  7. Progressive jackpot - Wikipedia

    en.wikipedia.org/wiki/Progressive_jackpot

    Progressive jackpot. A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is not won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule. Many slot machines and video poker ...

  8. Boulder Strip (Nevada gaming area) - Wikipedia

    en.wikipedia.org/wiki/Boulder_Strip_(Nevada...

    The Boulder Strip gaming market is a division used by the Nevada Gaming Commission for a segment of the casino industry in Las Vegas, Nevada, United States. The region is named for the Boulder Highway which is the dominant highway in the region. The American Gaming Association lists Boulder Strip as #10 out of the top 20 US Casino Markets by ...

  9. Michael Shackleford - Wikipedia

    en.wikipedia.org/wiki/Michael_Shackleford

    In 2002, after moving to Las Vegas, he published a paper with rankings of slot machine payout percentages that were previously considered unavailable. [5] The Time Out Las Vegas referred to the survey as groundbreaking. [6] This paper was referenced by Palms Casino Resort to advertise their competitive payouts. [1]