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Does your game say you have theft or is it $0? Because my game is suggesting I have no theft, just negative money from slots.
For slots i keep the jackpot chance under 3% and i make about double what it pays out.
Oh and all my slots were already under 3%. Jackpot chance is 2.41% for all of them.
Have you set up patrols?
On my first casino i started with 2 sides, a hotel side and a casino side, it dosnt cost that much to make economy rooms, start small.
I just cant make the casino work without a hotel, im not smart enough to understand how to tweek the gambling to get the perfect setup.
Thats y i was so glad sumeone made a beginners guide for the slots, but that info is outdated.
I did my profile with only like $200k in starting funds, so I couldn't remotely afford to build a hotel xP
Will do. And to clarify, it's not that the slots don't make a profit as far as income vs. operation/licensing/installation fees... but there's this huge chunk draining out in coins and notes that negates everything.
For example, my most played machine looks like this:
Income: $7928
Purchase Price: ($3500)
Running costs: ($223)
Total Daily Fees: $172 (shouldn't this also have parenthesis since it's a deduction?)
Total Installation Fees: $43 (same as above)
($6239) worth of coins and notes
Lifetime Profit: ($2034)
You say that, but then one would expect the lifetime profit to gradually improve as I keep playing... and yet 2 game days later and that machine's lifetime profit dropped by another $700 xP
I did fiddle with the settings on another machine and maybe found the ideal formula. I don't know if this will work at all on other slots yet (haven't tested) but I have a Game Jack that I changed to $2 slots and it exploded. It's the 2nd most played (just behind quarter slots) and easily has the most profit. It makes like 1K a day in profit just from the 1 machine in the early goings where I don't have more than 40 guests a day.
My other test slots are quarter Ring of Fortune (popular, but doesn't make much) and 2 machines with regular games at $1 and $5. I keep making sure the most popular 2 games are installed in those two. Those ones can't overcome the initial cost due to paying out too often, I guess? One have them has a negative historical house advantage (about -8%) despite the house advantage being set to 2.41%.
I'm doing a lot of different tester machines because I don't really understand if certain machines work better with certain price points or not... especially standalone ones like Ring and Blackjack that don't have a slots market to tell you how popular they are. There's no real way to discern whether they'll just always be played (and thus are maybe better to use than the regular games) or if there's some fluctuation that you just can't see. Some clarity on that would be nice.
Sorry, looking at the wrong thing. House advantage is NOT 2.41%. Jackpot chance is. House advantage is 9%
At 9% advantage, I have some machines going as low as -31% historical advantage.
Wonder if they actually start playing when they do the sit down animation. Maybe makes several runs, and only if lost makes the inital payment? Or is it a bug?
I have found the most profitable thing to be not hotel rooms, but the buffet. Your cheapest return on investment is conference centres. The two combine to form the best income stream strategy. Build a good number of conference rooms, again they are cheap, which generates one hundred percent passive income. I.e the income from the rooms has no overhead except your property taxes and the cost of the walls and tables. The key is that these drive traffic into your casino and fill your buffet every day. With a good number of conference rooms pumping your buffet full of customers, you will generate substantial amounts of income which cost much less to acquire than the cost of building and maintaining, cleaning staff, hotel rooms. Hotel rooms do generate a lot of income as well, but I have found the buffet to be number one. Make sure you have enough service counters, a large buffet zone with many seats and enough stoves/prep tables in your kitchen to service all of your business guests since they usually all stay for a meal after their meetings.
The person who mentioned Pai Gow as a top earner is correct, it generates a lot of income. For starting out in table games, I would suggest one or two Texas Hold Em tables since they are untouched by theft and you do not pay out money on them since all of the winnings come from the player's buy in. This means your only expense is the staff member and some cards. Low overhead with a good income stream is where you want to start.
In my opinion, slots are not the best revenue option and are labour intensive. By all means you should have some, a few, but, to me, they are unimportant.
Strictly my two cents, hope that helps some - Patriot
I feel like table games are a bad thing to start off with because of their expense. You're going to take a while to actually turn a decent profit and will have trouble developing your casino further. Slots make the initial purchase price back in a few days generally (I tend to average 1K a day per machine) so you can build your funds back up again to expand into things like tables later once you have a solid customer base.
At least that's how it seems for me. The conference room idea sounds like a great one though given how little you need to invest in setting one up.
EDIT: I also just tried the buffet but it did NOT work out. I ended up getting charged 3K for restocking soda/raw ingredients but only made 2K in income as not many people really bothered with the buffet. I'm pulling like 300 guest a day so I made about 50 seats in my buffet area with plenty capacity to prepare food... but it remained mostly empty. You might have 2-5 people at a given time actually inside.
Not sure if I just completely misunderstood how to use this, but it was a huge cash sink that isn't actually seeing any sort of return. I was doing much better just letting the business people gamble on my slots xD I get like 200 gamblers and 100 business people a day and that seems to get me about $20k in profit daily