What are the secrets to a jackpot machine?

Question

What are the secrets to a jackpot machine?

Answer 1

Agreed with above, no casin ocan set the machine to pay at a certain time.  The casino also cannot randomly change the theoretical payout anytime they want to.  They have to fill out lots of paperwork, get approval, and replace the chip under supervision from the gaming board.

Each spin has exactly the same chance of winning as any other spin.  It does not matter how much the machine is played, how many coins are in, how much the machine has paid, etc.

Answer 2

The secret is this: Slot machines are big money-makers for the casino. It takes an enormous amount of luck to win any money on them.

They are set to pay a certain percentage, over the life of the machine. They will pay off at random times.

Despite what the other guy said, the casino cannot set the slot machine to pay out at a specific time.

Answer 3

By state law they are controlled by computer chips that are regulated to pay out a certain % over a certain timeframe. The casinos dodge this by setting this to happen at 4 a.m. here in MO when few are there.