2019 Free Slots, Pokies, Jackpot Slot Machines and More Best online, free Slots of 2019 Welcome to Free Slots the top online casino slots website for the best free slots online from game producers like Microgaming, NetEnt, Betsoft and many more.
Normally, most slot machines offer paybacks of between 75% and 98%. This means that, for every dollar a player spends, he or she will earn between 75 to 98 cents in return. So, regardless of where you choose to play between the penny multi-reel machine and dollar slot. Slot machines don’t give player the opportunity to make multiple bets in combinations like craps or roulette, or to take advantage of ever-shifting odds as card counters do in blackjack. Nevertheless, slot machines players have tried systems play for generations. Ultimately, however, slot machine odds are unchanging, the same on every spin.
A slot machine will often have three or more reels or a video screen, which is spun when either the slot lever is pulled or a button is pushed.
How much does a slot machine cost?
On average, plan on spending anywhere from $200 for a novelty slot machine to as much as $3,000 for a higher-end model of a working slot machine, similar to the ones you see in a professional casino. This would be the price for those who are interested in buying a second-hand slot machine for their own entertainment purposes at home.
However, if you’re talking about what a casino pays for a slot machine, the costs could be much more. Experts have noted official casino slot machines can cost as much as $20,000. For instance, this article claims that Bally sells its machines for $9,671 each. The costs, in the end, will come down to the manufacturer, the quality of the hardware, the intellectual property it represents and title. Calvinayre.com, on the other hand, says the average IGT game sold for $13,000 in 2013, while another manufacturer, Multimedia Games, received over $18,000, on average, from its machines.
Gambler’s Paradise, a slot machine retailer located in Ohio, lists close to 50 slot machines, ranging from $600 to $3,000+
Refer to our table below to see what you may pay for a slot machine in working order on the second-hand market:
| Type of Slot Machine | Average Price |
|---|---|
| Antique/Vintage Slot Machine | $1,000 to $3,000 |
| Bally Slot Machines | $125 to $800 |
| IGT Game King | $1,200 to $2,500 |
| IGT Slot Machines | $400 to $700 |
| Jennings Slot Machines | $1,600 to $3,200 |
| Video Slot Machines | $400 to $1,600+ |
| Williams Slot Machines | $650 to $2,000+ |
Slot machine overview
Generally, there are two common types of slot machines: a mechanical and computerized. When slot machines first hit the market, all were mechanical, operating gears and levels. Eventually, as the time when on, these gears were replaced with an electric slot machine which used motors and solenoids to run the gears. Today, most slot machines will use a computer to general a random number to generate the slot machine’s outcome.
Retailers often include a limited warranty, which often lasts up to a year,
What are the extra costs?
Repairs, depending on how much the slot machine is going to be used, needs to be factored in. Some machines can be more difficult to repair, whereas some machines will rely on a battery, which, over time, will need to be replaced as well. Even if the machine isn’t used for a long period of time, the battery may need to be replaced.
A common problem for slot machine owners, according to this eBay guide, is a lost door key. If this were to happen, you will either need to hire a locksmith, purchase a new one for $20 or so or learn how to drill and barrel the locks.
Due to the size of a slot machine, freight shipping charges may apply.
Tips to know
There are legal implications if you’re thinking about buying a slot machine. In 41 states, it is legal to own a used slot machine, but in nine states: Alabama, Connecticut, Hawaii, Indiana, Nebraska, New Mexico, South Carolina, Tennesse and Wisconsin, it is 100 percent illegal. In 17 states, there will be a law that the slot machine must be, at a minimum, 25 years old. With all of that being said, check your state laws to make sure it’s legal to own.
How can I save money?
If you do not mind buying used, this can save you upwards of at least 50 percent. Try to explore the used inventory before buying new.
Advertising Disclosure: This content may include referral links. Please read our disclosure policy for more info.
Average Reported Cost: $0
How much did you spend?
Each slot machine requires quite a few parts to work. But the three biggest components include the cash-handling device, LCD display, and cabinet.
Most Expensive Slot Machine In The World
Each can differ in price depending upon how advanced they are. However, casinos have a general idea of how much they’ll pay for these different elements.
The cabinets alone can cost anywhere from $500 to $2,000. The lower end is based on when casinos order a large amount of slot machine cabinets at once.
Most Expensive Slot Machine Vegas
Cabinets are so expensive because they include a number of different elements. They require a sound system, power source, lighting, card reader, buttons, and more.
Casinos can save a little in this area by ordering cheaper products with no branding, but many gambling establishments do pay more to get game logos and other artwork.
The LCD display price is based on its size and output quality in terms of pixels. Regarding the former, the display screen sizes range from 19 inches to 23 inches.
Some of the newer games also require touchscreen technology, which increases the price. An advanced bill acceptor will also boost how much casinos are required to pay.
Taking everything into account, gambling venues usually pay anywhere from $250 to $300 for the LCD display. Of course, slot machines have a lot of other parts that factor into the price.
Here are some other components that can affect how much casinos must pay for slots.
- Embedded gaming board
Most Expensive Slot Machine
This board is what installs the game’s software. It can cost anywhere from $100 to $1,000, with the latter gaming board covering multiple games.
Top Slot Machine Manufacturers
- Game software
The actual game software starts at $3,000 and up. Paying the developer for onsite installation and setup can drive the price higher.
- VGA converter
Most Expensive Slot Machines
This part is crucial to the LCD display. Its price generally runs from $50 to $100.
Most Expensive Slot Machines In Las Vegas
- I/O evaluation board
Most Expensive Slot Machine To Play
This board increases the cost by anywhere from $100 to $200.