Class 2 Slot Machines
Slot machines burst onto the American gambling scene in the 1930’s and have captivated risk-takers with their bright lights, shiny reels and a chance of striking it rich with their jackpots. Fast-forward to the 1980’s, and slot machines were deemed to be more profitable than table games like black jack or craps. For the most part the same remains true today. From Las Vegas, Reno and Atlantic City casinos to racetracks, barges and riverboats along the Mississippi River, slot machines are still big business.
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Named after the slot where cash, tokens or even modern paper tickets are inserted, slots is a game for all skill levels. The object of the game is to win money from the machine. This happens by matching a set of symbols that roll and stop at random once its lever is pulled or button is pressed. The amount bet on each spin varies between machines. Most offer a variety of winning combinations which are linked to different rewards (extra spins, cash, etc.) and usually displayed on the machine itself.
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- Class II machines are for specific jurisdictions, often introducing a bingo element into the slot machine experience. Since bingo games are less regulated in many states, this becomes a way to run a slot machine industry in a state where slots aren't allowed.
- Class II slot machines are known as “video lottery terminals”, while class III machines are called “Vegas-style” slots. VLTs are connected to a centralized computer. This computer determines the result of each wager. Each machine linked to the system receives an equal chance of winning.
There are several kinds of slots available nowadays, from the classic lever-and-spinning-reel variety to vivid display video slots. Regardless of their technological advancement since the 1930’s, slot machines are still categorized into two groups: class II or class III.
Strategy #2- Difference between class II and class III slot machines. One of the hidden secrets in the gaming industry is the use of class II slot machines instead of class III machines. Class III slot machines are known as “Vegas-style” slot machines. They’re the machines that most people think of when they think of a slot machine.
Class II Slot Machines
• All machines or terminals are linked together so that players end up competing against each other for a common prize.
• Winners are determined via a Video Lottery Terminal (VLT), much like a lottery scratch card.
• With a set quantity of wins and losses, they are preprogramed to pay out at particular times.
• Not every game is guaranteed to have a winner, but play will continue until a winner is determined.
• Machines are interactive and, just like with the game of Bingo, players must announce their win in order to claim their reward. Prizes are not given automatically.
• These types of slot machines can be found primarily on Indian gaming reservations and ‘Racinos’, which are establishments that not only allow class II slots on premises but also have a live horse racetrack.
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Class III Slot Machines
• Typically known as ‘Vegas-style’ or traditional slots, these are what most people think of when they envision a slot machine.
• Each terminal is independent from the rest, with players competing against the house or casino for a pay-out prize.
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• Winners are determined via a Random Number Generator (RNG), giving every terminal the same chance of winning during every game.
• Despite misconceptions about a slot machine being ‘due to hit’, they aren’t preprogramed to pay out at any particular time.
• If a player uses a terminal that someone else just abandoned and wins the jackpot, the likelihood that the previous player would have won if they stayed longer is very low. The RNG is timed down the millisecond of when a button is hit or lever is pulled, which must be done at a precise time in order to win each particular game.
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