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Author Topic: Want to buy some IGT machines, How hard is it to get a DOJ  (Read 10913 times)
brianfink
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« Reply #25 on: September 01, 2011, 10:06:23 AM »
As long as you are putting the machinnes in your home and are not running a gambling opperation out of your home you really shouldn't have anything to worry about. And it is a good idea if you are having freinds over to not actually let them gamble there own money.
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reho33
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« Reply #26 on: September 01, 2011, 07:44:14 PM »
I got into this hobby well aware of the potential issues and I accept that risk 100%. See, that's what it boils down to. If you can't afford the risk, it might be better not to have the machines. Personally I think it's all BS. I have had a DOJ for 3 years running and no one from PGCB has ever contacted me about my machines. They are for fun only. If you read my signature it says "........all examples and descriptions are hypothetical in nature" which means that whatever I say is really opinion or myth LOL.
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** NOTE: The information contained in any of my posts relating to slot machine ownership and use is information that I have gathered from publicly known sources correspondingly under the same protections of Free Speech governed under the Laws of the United States and Canada and is for informational use only. As is my Constitutional Right under United States and Canadian Laws the redistribution of said information is considered a form of free speech. Using this information in the United States or Canada to conduct illegal gambling in states/provinces where it is unlawful has been declared against the law in those states/jurisdictions and as such I do not advocate the illegal use of such information under both the United States and Canadian Laws. All references and examples of personal experiences are hypothetical in nature, and it is up to you to determine if the information presented is applicable to your situation or not**
jdkmunch
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« Reply #27 on: September 01, 2011, 09:20:11 PM »
Anyone  know of someone hauled to court in any state over home ownership?
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StatFreak
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« Reply #28 on: September 01, 2011, 10:45:07 PM »
Quote from: jdkmunch on September 01, 2011, 09:20:11 PM
Anyone  know of someone hauled to court in any state over home ownership?

You mean because they owned a home? arrow  Tongue Out  Yup. propeller 
Because they owned slots kept in their home? Scratch Head 2 ... nope. Crazy
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staz
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« Reply #29 on: September 01, 2011, 10:58:10 PM »
Quote from: jdkmunch on September 01, 2011, 09:20:11 PM
Anyone  know of someone hauled to court in any state over home ownership?


i never heard of anyone but these guys got in bigger trouble then owning machines........i have yet to see a glitch on any slot machine in my entire life........

http://www.post-gazette.com/pg/11004/1115414-58.stm
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Neonkiss
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« Reply #30 on: September 01, 2011, 11:38:19 PM »
Quote from: staz on September 01, 2011, 10:58:10 PM

.......i have yet to see a glitch on any slot machine in my entire life........

http://www.post-gazette.com/pg/11004/1115414-58.stm


You need to own a Game King.
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staz
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« Reply #31 on: September 02, 2011, 12:03:26 AM »
i dont own a game king........ was never to big on poker but a few of my friends play gamekings and thats all they play....... and they do very well at the casinos...... i need to convert....... bust gut laughing
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Bettor Slots
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« Reply #32 on: September 02, 2011, 12:12:06 AM »
Quote from: staz on September 02, 2011, 12:03:26 AM
i dont own a game king........ was never to big on poker but a few of my friends play gamekings and thats all they play....... and they do very well at the casinos...... i need to convert....... bust gut laughing

Average payback at the casino on various poker games is 97% to 98%...hard to go wrong.  I would bet your WOF's is set for around 88% to 90%.
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staz
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« Reply #33 on: September 02, 2011, 12:21:50 AM »
i found this info online but i wonder how accurate it is.......

The following information is from Connecticut’s Division of Special Revenue regarding MGM Grand and Foxwoods’ slot payback percentages:

Denomination
   

Payback %

1¢
   

89.07

2¢
   

90.38

5¢
   

89.95

25¢
   

91.68

50¢
   

91.94

$1.00
   

93.50

$5.00
   

94.52

$10.00
   

95.33

$25.00
   

96.03

$100.00
   

95.41

Average
   

91.57


These figures reflect the total percentages returned by each denomination of slot machine from July 1, 2009 through June 30, 2010. Foxwoods’ total win on its slot machines during that year was slightly more than $652 million and of that amount 25%, or slightly more than $163 million, was paid to the state.

The games offered at  Mohegan Sun are: blackjack, craps, roulette, baccarat, mini-baccarat, pai gow, wheel of fortune, bingo, pai gow poker, Caribbean stud poker, let it ride, Spanish 21, casino war, sic bo and keno. There is also a Race Book offering off-track betting on horses, greyhounds and jai-alai.

Here's information from Connecticut's Division of Special Revenue regarding Mohegan Sun's slot payback percentages:

Denomination
   

Payback %
1/2¢    85.66

1¢
   

88.73

2¢
   

88.66

5¢
   

88.25

25¢
   

91.04

50¢
   

91.31

$1.00
   

93.67

$5.00
   

93.84

$10.00
   

95.80

$25.00
   

95.47

$100.00
   

94.65

Average
   

91.86


These figures reflect the total percentages returned by each denomination of slot machine from July 1, 2009 through June 30, 2010.

The total win on all of the Mohegan Sun slot machines during that period was slightly more than $802 million and of that amount 25%, or slightly more than $200 million, was paid to the state.
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