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How Casinos Use Math To Make Money When You Play The Slots

The Las Vegas Strip If you know how to put cash into a slot and push a button, you have just as good a shot at winning a jackpot as someone who’s been playing for twenty years. In the end, it all comes down to luck. And who doesn’t feel lucky, sometimes? Slot machines are deceptively simple to play, with four steps from "want to play" to "cashing out." Slot machines appeal to casinos because they are, as long as enough people play them, stable money-makers. To explain why they are so reliable for casinos, I talked to Bob Ambrose, who broke into the industry at the Tropicana Atlantic City in the early 1980s and is today a gaming consultant and casino management instructor at Fairleigh Dickinson University. “It is all,” he says, “about the game math.” When casinos look at how a slot machine is performing, the most basic number they look at is the drop. That is the money deposited by the player in the machines. Another number you might hear is handle, which Ambrose defines as the total amount bet by a player. How can a player bet more money than she puts in? Well, if she puts in $100, wins a $50 jackpot, and keeps on playing until all her money is gone (including that $50 "win"), she has generated a drop of $100 and handle of $150.

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