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 Article IndexHarrah’s Slot Problem |
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Casino gmaes are very popular. There are many casino and bingo online gaming options for gambling players. Casinos usually don’t make mistakes, especially with slot machines. Casinos usually don’t lose money on slots. The payout percentage is programmed into the software. If the payout percentage is programmed at, say, 95%, this means that in the long-run, the house will receive five cents out of every dollar that is played. This doesn’t sound like much but over millions of pulls, the house is guaranteed to make money on slots. So how can the house lose money?
At the Harrah’s casino in Indiana, the problem wasn’t with the payout percentage. A slot machine was found to have a faulty credit meter. An individual would deposit a dollar and the machine would give him ten dollars in credits. This situation continued for two days before casino staff discovered the problem. By this time the casino has lost $487,000 on the machine. The problem occurred because of a programming error.
The machine was using a different currency on its credit meter. The staff programmed in the wrong code. So when a patron won ten coins, the machine gave him one hundred credits. The ticket vouchers the machine printed were for ten times more than the amount they should have been for. More patrons just took the ticket voucher and played another machine or cashed it is at the Cashier’s Cage. The casino staff would not have found out if a patron hadn’t brought it to their attention. The wrong currency code was a costly programming error for Harrah’s! |
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