A brand-new slot machine typically costs anywhere from $15,000 to $25,000. You can see that there is quite a variation in the price. The machine parts that I covered before play the biggest role in how much a slot sells for. But other factors can also influence the final selling price. Own a Piece of History With a Collectible Antique Coin Slot Machine Antique slot machines are a fun way to add amusement to your game room or living room. First invented in 1894 by Charles August Fey, many antique slot machines are available on eBay.

How Much Is A Real Slot Machine

My goal when playing a slot machine is to win a jackpot. (The jackpot is the top prize on a machine.)

There’s a thrill involved in winning a big prize that doesn’t compare with what other lower-prize games offer. But I’m also keenly aware that I’m not a net winner.

Sure, I’ve hit a few large jackpots. But I’m absolutely certain that I’ve lost enough money both before and after those jackpots that I’m a net loser over time.

There’s not much you can do to avoid that fate, because that’s how slot machines work. They’re negative expectation games. If they weren’t, the casinos wouldn’t offer them. Casinos are inbusiness to make money, and they do that by offering games where they have a mathematical edge over the player.

Confirmation bias often encourages players to think they’re winning more often than they thought. I can’t count how many people I’ve met who were absolutely convinced that they were “about even”over the course of their slot machine playing career.

How Much Is A Slot Machine Worth

In fact, if every player I knew were really “about even,” I’m convinced that the casinos wouldn’t still be in business.

But it’s also undeniable that some slot machines are looser than others. (A “loose” slot machine game is one which pays out more than a “tight” slot machine. It’s a vague word that can beevaluated in multiple ways, as I’ll explain in the next section.)