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Slots High Denominations and Hand Pays

Discussion in 'Slots' started by Hurr1cane310, Sep 25, 2013.

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  1. Hurr1cane310

    Hurr1cane310 Tourist

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    I was curious how a hand pay works on a high denomination machine. We all know that there are $100 and up slot machines. I would assume it's fairly common for a $1200 win on these machines considering that is only 12 credits. Does someone playing this high really have to get a hand pay and fill out a tax form every time they win 12 credits?

    Also was wondering how these people get cash in the machines? I would think at a couple hundred a spin to sit there putting in hundreds would be ridiculous. Is it possible to put the money on your players card or buy a slot ticket at the cashier for a higher denomination that you can then insert in the machine?
     
  2. Joe

    Joe VIP Whale

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    Can't answer the second part, but when we lived in Vegas at one of the local bars we frequented, a PGA golfer came in regularly and played ~$10 VP, so $50 per hand. He sometimes would rack up a bunch of handpays and they just kept track and when he was done, they gave him ONE W2G.

    If they can do that at a little corner bar (13 bartops), I'm sure the casinos can do the same.
     
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  3. luvstp

    luvstp High-Roller

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    At Wynn if you are playing at those levels, you usually have a slot attendant standing behind you with a clip board. When you hit a hand pay, they note the amount and then the player initials for the win and then the slot attendant resets the machine and play resumes. Every individual hit for $1200 or more is a W2G event.

    I have also seen people take their W2's in the form of tickets rather than having the slot attendant record each event.......takes a bit more time this way and slows down the activity.

    I have seen people take as much as $20K in a ticket at the high limit area. They ask for a marker and ask for that amount in a ticket. They then insert that ticket into the machine. It is not very common to see people playing large denominations and inserting 100 dollar bills. TITO technology made playing higher denominations a lot easier.
     
  4. shifter

    shifter Degenerate Gambler

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    yes $50 and $100 slot players get thousands of w2-gs a year. their accountants hate them.

    as far as getting money in the machine, many do feed in the $100s. it slows them down that way. you can only play as fast as you can feed in the cash. the real degenerates sign for a marker at the cage and get a ticket for however much they want. feed the ticket in the machine and off you go.
     
  5. luvstp

    luvstp High-Roller

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    Trust me....it is WAY more efficient to feed in a ticket....even when that ticket is only a couple of grand. I always get my markers in tickets rather than cash.....also less germy! :thumbsup:
     
  6. UKFanatic

    UKFanatic The Arbiter of Taste Caviar Kid

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    Little off topic, but this comment and thread reminds me of a night at Aria early this year when I was up a lot, really drunk, and decided to play $25 VP. I fed a stack of hundred dollar bills into the machine and started playing five coins a hand. After a few minutes, I came to my senses, cashed out down a couple hundred, and realized I had spent more time feeding bills into the machine than playing :drunk:
     
  7. shifter

    shifter Degenerate Gambler

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    of course it's way more efficient, but efficiency is not always the goal. one guy I know gives his wife a stack of 100s and she feeds them into the machine one at a time. he hasn't told her that she could just go to the cage and get a ticket and put it all in at once. so plays 4-5 machines at once. she feeds 2 bills in, hits spin, goes to the next machine, repeats. when she's done she goes back to the first and starts it all over. the entire reason for this? it slows down her coin-in so she doesn't lose as much. if she just fed in a ticket for 10k, she could blow through that in 5 min or less.
     
  8. Kickin

    Kickin Flea

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    Aria has an automatic system to handle all those W-2Gs in the high limit slot room. This is the description from their website:

    Has anyone used this? How was it? Does this also mean they didn't need to give you the actual handpay and the winnings just accrued on your machine like any other win? If that's the case, this seems like a no-brainer for every high limit slot room that sees decent action to install.
     
  9. luvstp

    luvstp High-Roller

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    I have never seen anyone use this in SPIN.....doesn't mean they haven't, but I've never seen it. I've also never seen it in the high limit vp directly outside of SPIN where you have $5 and $10 progressive machines.....lots of slot attendants in that area to bring you the W2G to sign.
     
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