Some of the older slots players out there, as well as those who are crossing over from online slots to slot machines to give them a try, can sometime be flummoxed by the TITO slot machines that they find on the floors of the brick and mortar casinos. The feeling comes down to:
What are you and what have you done with the coin slot machines?
TITO stands for ticket-in, ticket-out. These are the slot machines that issue players a voucher when they are through playing on a particular slot machine. The ticket vouchers have bar codes on them that allow cashiers to know exactly how much that ticket voucher is for, and subsequently how much money to give you from your slot machine playing.
There is some speculation that when a casino switches from the good ol’ coin slot machines that the paybacks are lowered and players win less often. But the logic behind TITO slot machines just does not fit with that assumption.
Casinos are switching from the coin slot machines to TITO systems to cut down on costs. The TITO require less maintenance in that there is no waiting for coin hops to be refilled, no coins jamming in the chute, fewer repairs over all and less time the cashiers have to spend in counting coins.
So the logic follows that casinos have reduced the cost of their slot machine departments. It follows that they could pass the savings on to players so to speak. Some casinos may do this, and other may not. The point is the potential is there for casinos to increase paybacks, not lower them.
Now if casinos were switching from TITO to coin slot machines—which makes no sense—there might be cost for lowered paybacks since coin slot machines cost more money to maintain.
But in the case of TITO slot machines, the logic is not present to warrant worry over lowered paybacks.
Tags: slot machines, TITO Slots