Any advice on slots?

[VideoTech]

The payout percentages on all the slot machines on my ship - and the 27 other ships I have managed on quite a few different cruise lines - never change.

There is no need to change them.

 

 

Thank you BruceMuzz, for confirming what I've been trying to get people to understand.

[VideoTech]

Incorrect. Slots and video poker can be monitored and interrogated remotely, but CAN NOT have the payback percentage changed remotely. The machines would be too vulnerable to cheats. Changing the payback percentage requires physically replacing the RNG chip in the machine.

 

Sorry, but i have to disagree. I've watched casino slot techs change the paytables on a modern video poker machine, of the type that's commonly found in most casinos. It is done through menu selections on the screen with the machine opened up and in maintenance mode.

 

Even on an older electro-mechanical reel machine (and I own one) the payback percentage change is not made by replacing the RNG chip. The RNG chip is, as it's name implies, simply a random number generator. It has absolutely nothing to do with the payback percentage of the machine. The payback percentage of the machine is set by another chip, and yes, on these older style machines you must physically open the machine and replace the chip. I've done it on mine.

 

So in most casinos, which still have a mix of older electro-mechanical and newer computerized machines, they are still visiting the machines to make game and payback changes. However, the trend is also now to central server systems, and these newest of machines (including all the linked progressive and multi-state progressive) machines, and on these machines, the possibility exists for remotely changing the payback percentage of the game. BUT - again - there's no need for any casino to do this on an hour by hour or day by day basis.

Edited December 16, 2013 by VideoTech

[CasinoCruzGirl]

Are all of your wins on the game kings with multiple games or are they only keno machines?

 

The $1750 win was on a VP/multi game my hubby wins always on VP/multi games my $7,00"+ win was on straight keno game and the 5/5 wins in various machines.

 

 

Sent from my iPhone using Forums mobile app

[clcjdn]

Thanks

[cormike1]

Living in Canada anything we win in the Casino is tax free. We gamble quite a bit at an Indian reservation and anything over $1200 ( think) has a 30% withholding tax. We can claim it back the next year though.

 

If you win a large amount on the ship, is there a withholding tax? I was curious about the rules at sea and if they are the same as land rules.

 

Thanks everyone.

[Nightengale212]

Living in Canada anything we win in the Casino is tax free. We gamble quite a bit at an Indian reservation and anything over $1200 ( think) has a 30% withholding tax. We can claim it back the next year though.

 

If you win a large amount on the ship, is there a withholding tax? I was curious about the rules at sea and if they are the same as land rules.

 

Thanks everyone.

 

Yes, you do receive a W2G when you win a jackpot of $1,200 or above which is reported to the IRS because most of the cruislines are American based companies. From my experiences you are not offered the opportunity to have taxes taken out at the time of the win on cruise ships, and US citizens have to claim the amount of the win as income when filling taxes for that year. US Federal tax laws allows you to write off the win money if your losses are equal to or greater than your wins.

 

Be sure you do not misplace these W2Gs and forget to file them which happened with one of mine this past year, because at present my accountant is filing an ammended return for me as the IRS picked up on that missing W2G which I eventually found stuffed in a pocket in one of my purses. I think the IRS figured out already this was an honest error as my other 30 give or take jackpot wins were reported.

[VideoTech]

Living in Canada anything we win in the Casino is tax free. We gamble quite a bit at an Indian reservation and anything over $1200 ( think) has a 30% withholding tax. We can claim it back the next year though.

 

If you win a large amount on the ship, is there a withholding tax? I was curious about the rules at sea and if they are the same as land rules.

 

Thanks everyone.

 

Most ships owned by U.S. based companies follow U.S. IRS rules, which require a W2G be issued for single wins of $1200 and above. However, the W2G is merely an informational document, used by the IRS when reconciling U.S. citizen's income taxes. There is no actual withholding of money done with a W2G on board a ship.

 

Since you are presumably a Canadian citizen, you're probably free to ignore the W2G even if they insist on giving it to you. It may be once they see you have proof of Canadian citizenship, and no U.S. social security number, they will simply not issue one.

 

I'd double check with your accountant, if you have one, about Canadian tax laws pertaining to jackpots won outside of Canada. If you're still concerned, stop at the ship's casino office and ask about their policy with regard to non-U.S. citizens.

Edited December 21, 2013 by VideoTech