If the slot machine you’re playing locks up, you might learn how slot machines pay out taxable jackpots. The slot machine has either had an internal error or you’ve won a taxable jackpot. Either way, a slot attendant will show up shortly to help. But, for goodness sake, don’t walk away until you know which one of these it is!
Why do slot machines use fruit reel symbols? Early 1900s slot machine reels included cherry, melon, orange, apple, and bar symbols with non-cash payouts of fruit-flavored gum, allowing machine owners to avoid prosecution under anti-gambling laws by presenting them as authentic vending machines beginning around 1907.
High Roller Radio has interviewed some of the greatest gamblers, casino insiders, sports bettors, authors and poker players. Here, our interview with Jon H Friedl, Jr., Ph.D, aka ‘Professor Slots,’ who discusses his book Learning to Win: How to Make a Profit at Slot Machine Gambling.
In Learning to Win, Friedl uses more than a decade of research, observations, experiences, and analysis with new and older-style slot machines. Study of new casino operational technologies led in gambling strategies and assessment techniques matched to the most common gambling goals in an easy-to-understand manner.
All U.S. casinos closed for months in 2020. Since that unprecedented event, a big concern for slots enthusiasts is if casinos have reduced their return-to-player (RTP) and, if so, have they stopped yet? But is that true? Let’s look closely at the return statistics for New Jersey slots return-to-player for its Atlantic City casinos.
After talking about winning slots strategies, my audience asks, “You’re saying that slot machines aren’t totally random??” I often reply, “Oh, slot machines are random. But a slot machine’s spinning reels aren’t like roulette wheels.” Let’s discuss randomness, the kind everyone talks about and another which gets more use.