OpenLabel Slot Machines
OpenLabel is a revolutionary new way of playing slot machines. Until now
casinos and manufacturers have jealously guarded the payback returns of
their slot machines. OpenLabel has changed all that. The OpenLabel
Calculator lets you determine the return (also known as the payback
percentage) of specially labeled OpenLabel slot machines. It eliminates
the guesswork and lets you play with knowledge.
Since OpenLabel slot machines are progressive machines, the return
changes as the progressive jackpot changes. By checking out several
OpenLabel slot machines with the OpenLabel Calculator, you might find
some that are returning over 100%. This is not an error—returns of over
100% are a normal part of progressive slot machines. But now, with
OpenLabel, you will know when that happens!
The OpenLabel Calculator
If you are wondering where you can get an OpenLabel Calculator,
chances are you already have one. If you have a cell phone or mobile
device with Web access just use it to go to the following URL:
openlabelslots.com.
This site is the OpenLabel Calculator—you don’t have
to download anything. Bookmark it so you’ll always be ready to use it.
Then locate an OpenLabel slot machine. You’ll see a clearly marked label
with the OpenLabel logo on it. Near the logo you’ll see a code number.
Enter this code number into the OpenLabel Calculator. Then enter the
current dollar value of the progressive jackpot. Click on “Get Return.”
Additional Information
There is no magic formula for winning at slot machines and the OpenLabel
Calculator does not provide one. It tells you the theoretical return, which
applies in the “long run.” The return percentage is the amount that the
slot machine returns to players, on average, over the “full cycle” of the
game, for every dollar wagered.
Keep in mind that this is only an average. In the “short run” the machine
can pay back more, or less, than the theoretical return, and sometimes
even nothing. To get into the long run you have to play through several
jackpot cycles. It can take a long time to hit the jackpot.
The OpenLabel Calculator helps here too. In addition to calculating the
percentage payback return, it also tells you how many hours, on average,
it takes to hit the jackpot. Once again, this is only an average figure. It
does not mean that you will hit the jackpot after that many hours. The
hours calculation is based on 750 player spins per hour.
If you want to practice using the OpenLabel Calculator before entering the
casino, here are some examples. Hover over the OpenLabel logos to see
the answers.
| Slot |
|
Code |
Jackpot |
| 1. |
|
132243619
|
$1,638.46
|
| 2. |
|
246572791
|
$3,035.26
|
| 3. |
|
837722889
|
$37,385.95
|
| 4. |
|
831220834
|
$5,336.70
|
| 5. |
|
176479460
|
$13,622.39
|
OpenLabel Licensing & Consulting
Pharos Gaming, Inc. licenses the OpenLabel system to casinos and provides
OpenLabel consulting to casinos on the operation and promotion of progressive
jackpot slots and games using the OpenLabel system. Casinos interested in
licensing and consulting can e-mail us at:
sales@pharosgaming.com
OpenLabel is covered by one or more of the following U.S. Patents: 6,283,473;
6,656,052.
