Pennies Not Worth the Hype
If you have a
slot machine that is a penny slots, and it hasn’t paid out in a really
long time, what do you do? Well, if you are the owner of the machine,
or the slot machine manufacturer, you milk it for all that it is
worth. If you are a customer you play the slots, hoping that you are
the lucky one to get the money – after all if it is overdue…
Statistically
speaking, yes, the penny machine is overdue to pay out a jackpot of
almost $16 million dollars, which means you have a better chance of
hitting that amount of money than you did if it had just hit. However,
overdue or not, there is no way of knowing whether or not it will hit
today, tomorrow, or next week. This does not stop International Game
Technology however, from getting all it can out of the deal. The
company has a new marketing strategy, where they are telling people
that the slot machine has not hit, so it could go at any second. This
brings in the customers who are paying 300 pennies at a time to hit
the big one – for that’s the number you have to pay in order to win.
Experts say that
the fact that IGT is publicizing the slot machines overdue bonus to be
somewhat morally unethical. Since the odds for winning are the same,
whenever you spin it, the fact that IGT is trying to make it seem like
they are better right now is just wrong. It is a way for the slot
machine manufacturer to get more money out of a fluke. Critics argue
that the odds of winning are always the same, so all they are doing is
adding to the myth that if it hasn’t hit in a while that it is due –
and that is not the case, for that is not how slot machines work.
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