Quote:
Originally Posted by Swan
A question for TS. How profitable were those FOBT machines in the bookies, before the £2 stake limit? I lost a few hundred in my time, i wouldn't do it much, i was going to the bookies every Saturday for Football. I would throw a tenner or twenty in most times. I would see some blokes do £100 spins at a time. I see some big wins, but some people walked out thousands down.
All Roulette fwiw.
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Put it this way: They were the bulk of the profit in most stores (and still are in many, even with the £2 limit). So more than horses, greyhounds and sports betting combined.
The huge wins/losses of several thousand at a time more or less stopped with the restrictions on Roulette and Blackjack, but you'd be amazed how much money people can burn though in one slots session.
Inteeestibgly though, most of the big roulette players didn't switch to slots, mostly they switched to sports (American Football point spread betting surged) or virtual dogs (computer generated greyhound races).
In terms of odds and "spin duration" you can get a similar gambling outcome from a virtual dogs race as roulette (and of course, with no staking limit).
American football points spread is popular because it's handicap betting at 10/11 odds which is effectively the same bet as going all on red/black in roulette.
To answer the question in short, some days the shop could make a loss on the machines if someone won really big, but for the most part, the answer is several thousand £ per day pure profit in a shop with decent footfall.