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| online casino gamblingMoney ManagementRoulette 101Blackjack 101Blackjack Strategy ChartTexas Hold'em 101PokerBlackjackSlots & Video PokerOther GamesCrapsCasino DirectoryPlayers AdviceTravelCompsOddsRace SportsGambler's ProductsNews and MagazinesProblem GamblingBooks,Movies, SoftwareBefore You BuyTop PicksTop 5 Texas Hold'em BooksTop 10 Blackjack BooksTop Craps BooksProduct ReviewsMost Popular ArticlesLatest Articles | Newsletters & RSSSuggested ReadingSlot TipsSlot TipsFrequency vs. Payback Elsewhere on the WebSlot Payback ChartsJP Slot EmporiumProgressive Jackpots Most PopularSlot Tipstexas holdem101Blackjack -Basic Strategy - Casino Gambling - Poker Hand Rankingcraps101 Related SitesLas Vegas for VisitorsPokersports betting Coinless Slot MachinesFrom Bill Burton,Your Guide to online casino gambling. FREE Newsletter. Sign Up Now!As a youth when I pestered my mother about the same subject she would look at me and tell me that I sounded like a broken record. If you say that to a kid today they would give you a funny look and ask what a record is. In a few years the same may be said for Slot Machines. The term slot machine will soon be as archaic as the term record for a music CD. The industry refers to the new slot machines as an Electronic Gaming Device (EGD) or a Video Gaming Device (VGD). All new machines are equipped with a bill receptor to accept paper money. The newest wave of technology features a coin less system that pays out a voucher instead of coins. Most of the new machines can be ordered from the manufacturer with this feature. More casinos are starting to place these machines on the floor. I started to notice more of them around town during my last trip to Las Vegas and in Atlantic City they are starting to make the switch as well. I also know that most of the new California casinos which opened in the last few years have opted to go coinless right from the start. The casinos are in favor of the coinless system for several reasons. Besides being able to offer the multi-denomination machines, the casinos will also be able to cut labor cost. If there are no coins involved, the casinos will be able to cut out the change people. They would not need the army of employees who empty the machines each night after most of us have crept to bed. There would be no need for the "hard count" room where all the coins must be sorted and counted. They also would be able to cut back on the number of slot attendants whose primary function is taking care of hopper fills and coin jams. The casinos also favor the coin less system because it gets you the player to risk more money. When you hand feed coins into a machine you are playing slower. This means you are risking less money against the house edge. When you put a bill in you just start playing credits which can be played at a very fast rate. The other psychological ploy is to get you to play off your money if you only have a dollar or two left in credits. When you cash out coins you can slip them in your pocket and walk away. If you are paid with a voucher you must take it to the cage and convert it back to money. You will be more inclined to play off the credits instead of cashing them out. There are some advantages to the player. How many times have you had to wait for a hopper fill when you were cashing out? This is aggravating to the player but is also costly to the casino because that machine is out of service while you are waiting for the fill. An idle machine does not generate any revenue for the house. Many players prefer them because they do not have to handle dirty coins. When I first played a coin less machine a year ago, my main complaint was the inconvenience when switching machines. If I wanted to switch machines I had to take my voucher over to the cashier and convert it back to money to put in the next machine. Fortunately, this issue has been addressed in many of the newer coin less machines you are able to place a voucher from one machine directly into another. Like it or not the new coin less machine is the wave of the future. Get used to the idea of not using coins in the casino. The biggest let down will be not hearing those coins dropping into the tray when you hit a big win. Until next time, remember: "Luck comes and goes...Knowledge Stays Forever." Important disclaimer information about this About site. Suggested ReadingSlot TipsSlot TipsFrequency vs. Payback Elsewhere on the WebSlot Payback ChartsJP Slot EmporiumProgressive Jackpots Related ArticlesCoinless Slots- Slot MachinesCasinos in 2006 - Happy New YearSlot Tips for the Coinless Slot MachinesCredit Card SlotsSlot Tips | Vegas Baby!Winning Blackjack TipsOne Night in VegasWhere to Golf in VegasVegas Strip Photo TourWhere to Play Poker What's HotCraps- Any Craps Bet - Casino Gambling -...paigowVideo Poker - A Winning System Part Thre...matchplaymovies |