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A comment on U.S. military-run slot machines earn $100M a year from service members. Parent comment

Re:U.S. military-run slot machines earn $100M a year from se... by Buttons840 on Wednesday January 18, 2023 @12:48PM (#34430128)
That's like my fair slot machine idea, a slot machine that spreads the winnings out evenly. You put in a dollar and then win 95 cents, every time; fun!
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Re:U.S. military-run slot machines earn $100M a year from se... by jacobolus on Wednesday January 18, 2023 @12:51PM (#34430181)
For practical implementation (less change to manage), the machine should probably take $1.01 or $1.05 and return $1.

The military base version could just take in $1 and return $1.

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Re:U.S. military-run slot machines earn $100M a year from se... by moduspol on Wednesday January 18, 2023 @01:14PM (#34430535)
Military base version already for sale here: https://www.gameroomguys.com/American-Changer-AC500-Bill-Cha...
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Re:U.S. military-run slot machines earn $100M a year from se... by IanCal on Wednesday January 18, 2023 @07:00PM (#34434905)
You can further optimise this by taking 1 cent or 5 cents and returning nothing. The military version is simply a button.
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Re:U.S. military-run slot machines earn $100M a year from se... by klyrs on Wednesday January 18, 2023 @01:00PM (#34430330)
I was kinda aiming for "the methadone of gambling" but I think your idea fits that better than mine.
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Re:U.S. military-run slot machines earn $100M a year from se... by LanceH on Wednesday January 18, 2023 @12:58PM (#34430304)
I'm offering lottery tickets for half off. They are used, but have a higher expected value than the new ones.
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Re:U.S. military-run slot machines earn $100M a year from se... by kube-system on Wednesday January 18, 2023 @01:57PM (#34431217)
That's entirely unrealistic.

No slot machine pays out 95%.

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Re:U.S. military-run slot machines earn $100M a year from se... by jaywalk on Wednesday January 18, 2023 @02:54PM (#34432087)
95% every pull, no. But over long periods of time, that's about what most machines pay out.
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Re:U.S. military-run slot machines earn $100M a year from se... by kube-system on Wednesday January 18, 2023 @03:33PM (#34432655)
I'm mostly joking, but it's closer to 90%

https://www.americancasinoguidebook.com/slot-machine-payback...

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Re:U.S. military-run slot machines earn $100M a year from se... by AaronM on Wednesday January 18, 2023 @07:13PM (#34435015)
According to the Nevada Gaming Control Board, $1 slots pay out an average of 95 percent of receipts. (25 cent slots pay back an average of 93 percent, 5 cent machines: 90 percent.)

https://www.lasvegas4newbies.com/chap10-2.html

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