13 Jun
2006
13 Jun
'06
9:28 p.m.
On Tue, 13 Jun 2006 13:05:34 -0700, Don Y wrote:
A slot machine loses ~$3000 of business* for each hour
it is out of
service. Note that most slots are run in 24/7 environments -- you
can't have scheduled maintenance (e.g., for a firmware upgrade)
"on the weekend".
I have been amused by this treread for some time, and this red hot lead in
drew me right in to the story, untill I did the math ....
$30K per hour is a three coin dollar machine that never stops 24/5.
Even my dear old mother can not keep up a 17 bet a minute rate for 24/7 for very long.
Slots useage is way down around dawn, and yes I have seen video slots
on the floor, shut down, download an update and reboot just in time for the weekend.
This last trip $20 lasted about 1/2 hour at the Garfield 2 cent video slot, the Bonus
games
are well worth it in entertainment. Mom got almost 2 hours out of a nickel mechanical slot
for a $20
Now if it is my $20 than 5 minutes max, I'm broke again, I am but the spectator in
that enviroment.
There is little question that slots rake in the money, but they give a large percentage of
bets placed back or people would not last long or return.
And when one dies the player just moves on to the next one.
It sounds like a nice job,
Mom would love to move somewhere with slots :)
My wife might take some convincing to change jobs, then again if she could be semi-retired
in ther new life :)
Take a look at IGT (a nice stock to have purchased a few years back) to see the direction
slots have ans are all moving to.
Just the other Bob on a slow day ....