Do Pachislos Make a Profit?

[adam]

I have read that Pachislos can be set to pay out as low as 65% which means they will make a profit and they are used in casinos however I hve heared from places like Stealth that they are NOT made to make a profit and are just for self entertainment and that there is no way of changing that, so all you people that own a Pachislo im sure you will know the answer to this. Do they make a profit? (even if they are on level 1) THANKS!

[TeeDubya]

On most (not all) Pachislos level 6 is the highest payout. The percentages range from 110% to 120% and some are higher than that. Over time, on average, a machine set on level 6 will pay out more than it takes in. Level 1 is usually the lowest payout to the player, so the parlor makes more money.

My guess is that Stealth and the other vendors told you what they told you because they are selling the machines only as personal amusement devices, and in that respect profit potential is a moot point. We can't legally use the Pachis for gambling, so we're never going to make a profit (unless of course we can sell the machine for more than we paid for it).

For the Japanese parlor owners, you'd have to believe that there's almost 100% certainty that profit is their only motive. Otherwise there's no point in running a parlor to begin with.

[Tulsa]

And that pretty much sums it up.

[gwarzin]

I remember reading somewhere that on pachinko there is a small difference between the amount parlors charge for balls and the amount they give you when they buy back the balls. This differential is their "profit". They plan to just break even on the actual number of balls won, with good players coming out ahead and bad players coming out behind.

I don't know if, with pachislo, there is that same differential in the prices for tokens.

Anyone have any information on this?

[monaghj]

I can attest that running on a '2', I definately take in more than I pay out. I was tracking this good for about 2 months. The average was somewhere between 80-86% over 20,000 coins... about 500 rolls of 40.... now given the fact that 3 coins are used for each play and this was being monitored between 2 machines. This is roughly 3300 plays for each (assuming an even split, which it wasn't). According to what I have read is that the odds are set against the payout of 10,000 plays so I had a ways to go to be technically accurate.

.... anyways my daughter had a gaggle of her friends over and they broke into the casino cage and raided an unknown number of rolls.... this in its self was not bad as I could do a count of what was in the hopper and deduct what was known to be there. Since I also have some vegas machines a number of tokens went into those units. Those machines have a coin in/coin out counter so this did not really throw a wrench into the count... just more accounting....

Unfortunately she wanted to also show off daddys rolling machine and re-rolled an unknown amount of winnings. Then I guess all hell broke loose in that the girls were cracking rolls of tokens just so they could re-roll them in the cool machine....
I some how equate this to buying toys for christmas when the kids were 3 and having them play with the boxes instead of the toys. At least I don't have to worry about an early onset of a gaming additiction at 9.

[adam]

Thanks monaghj, my first Pachislo SHOULD come tommorow (Cat Woman) so I will let everyone know what is like when it comes.

[TeeDubya]

IUnfortunately she wanted to also show off daddys rolling machine and re-rolled an unknown amount of winnings. Then I guess all hell broke loose in that the girls were cracking rolls of tokens just so they could re-roll them in the cool machine....
I some how equate this to buying toys for christmas when the kids were 3 and having them play with the boxes instead of the toys. At least I don't have to worry about an early onset of a gaming additiction at 9.

Heh, kids are great. My grandson (7) prefers to play the online flash version of Ougonshin over the real thing. He found that he could hold the space bar and the game practically plays itself. No tokens to futz around with, ya know? Just think of all the time he's saving by doing it this way!

And speaking of boxes...we've also used Pachi shipping boxes to build forts and massive parking garages for R/C cars.

Wow, this is sure making me lonesome for my grandson...

[jetedrow]

Plus, playing the online games is a bit cheaper !!! :-)

Jeff

[adam]

Where can you play it online?

[TeeDubya]

jetedrow: True, the simulation is a lot cheaper to play, but I had to buy the machines so we'd have boxes to play with!

Adam, the Ougonshin simulation is at the link below. There are more links for online games right here on PachiTalk (that's where I found this one).

http://www.olympia.co.jp/machine/ougonsin/sim2.htm

The Olympia site appears to be down at the moment. Hopefully it'll be back soon.

-TW

[adam]

OK, now my delivery companie say it will come tomorrow! 2 days late!

[adam]

Thanks TeaDubya for the link, great fun!

[adam]

I mean TeeDubya!

[TeeDubya]

Thanks TeaDubya for the link, great fun!

It's my pleasure. Glad you enjoyed the online game. I'm still not exactly sure what the Ougonshin machine is doing sometimes.

[adam]

Im not sure about it all too, do you have any more links to these games as when i go to the homepage of the site or the machines page i cannot read anything as it is all in japenese. The online games section on this site only links to a few of them i think. Thanks, adam

[scooby_doo_m2002]

Adam, first of all, welcome to the forum!!!!!!!! Secondly you will need a traslator. one of the translators I use is http://www.worldlingo.com/en/website...ranslator.html What I do is I will go to the japanese site, open a new internet browser window, go to the above link, then copy and paste the japanese site and paste it on the wordlingo site and it will translate. you can also use google but I don't have the link for that, sorry. and there are more online pachislo games right here on the forum. http://www.pachitalk.com/forums/forumdisplay.php?f=46 hope this helps you out.

[theDotster]

Hi, back to the original topic (sort of), anyone know if there is some truth in the text below I found on a machine for sale through ebay?

"Pachislo is the largest industry in the worldÂ’s second largest economy, but few people outside Japan have ever heard of it. Raking in over 30 trillion yen every year (to the pathetic 18 trillion of JapanÂ’s massive car industry), itÂ’s also the worldÂ’s largest gambling enterprise. Vegas is small change compared to this.
Pachislo parlours are not difficult to find. There are thousands of them, spread across buzzing commercial areas and sleepy suburban streets. Covered in massive neon signs, they are an essential part of JapanÂ’s urban character. "

[adam]

I think thats what the person i bought one off wrote, i think its true as i think there is 33,000 yen in one pound. So 30 Trillion yen is not as much as it sounds. I am not sure about it when it says that the cars only make 19 trillion yen p/y. Adam

[monaghj]

Well if my math and base exchange rate isn't out to lunch....

120 Y = 1usd.
120mm Y = 1million USD
1.20 billion (insert Dr. Evil pinky) = 10million USD.
120 billion = 1 billion USD (add Dr. Evil laugh to pinky).
1.2 trillion = 10billion USD.
12 trillion = 100billion USD
24 trillion = 200billion USD

The Las Vegas Wynn made 76million in the first 34 days of operation. While I think this is an exceptional start, I doubt its sustainable. I could see Vegas possibly doing 100billion on a good year but this would be gross revenue before labor and other costs. Not a drop in the bucket but still shy what is being quoted as Japans revenue.

You do need to remember that we are comparing one citys revenue against a whole country...I have no clue what is gambled away across the country....