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So I have organized and participated in Slot Pulls and we have always used a $1 machine. As anyone ever done a slot pull on a penny machine? I realize your winnings could have cents but we can donate that to St. Jude's. There seems to be so many more bonus opportunities on a penny machine. 

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I would ask on your roll call as this always seems controversial to me. If the slot pull organizers card is in the machine they can gain a lot of casinos pts. Very good for the organizer. I think each roll call needs to decide if they want 1 or more.

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5 minutes ago, firefly333 said:

I would ask on your roll call as this always seems controversial to me. If the slot pull organizers card is in the machine they can gain a lot of casinos pts. Very good for the organizer. I think each roll call needs to decide if they want 1 or more.

 

As long as everything is decided beforehand and everyone agrees to it then it can turn out well. I personally have never participated in a slot pull but I have seen them in the casino before and they seem to be enjoyable for those participating.

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1 hour ago, txcruiser1234 said:

never done a slot pull... but I like to watch them from afar... usually lots of interesting energy

 

what i always wonder about is how they handle taxes for hand pays..

I hope one day to find out about hand pays! 

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Posted (edited)

For our upcoming cruise this month. the organizer is from Canada and is not subject to US taxes. Let see what the outcome looks like. This is $10 per spin and $100 buy in. 

 

Edited by May1cruiser
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5 hours ago, firefly333 said:

I would ask on your roll call as this always seems controversial to me. If the slot pull organizers card is in the machine they can gain a lot of casinos pts. Very good for the organizer. I think each roll call needs to decide if they want 1 or more.

The points are negligible and whose ever card is in the machine will be responsible  for any taxes

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In the pulls I have participated in, we used Dollar machines with a $2 or $3 max bet.  Penny machines typically have higher max bet ($8.88 on many of them).   I think the odds would be better on a Dollar machine.  

 

Casinos make their money on penny machines.  

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On 1/1/2024 at 3:25 PM, txcruiser1234 said:

never done a slot pull... but I like to watch them from afar... usually lots of interesting energy

 

what i always wonder about is how they handle taxes for hand pays..

 

On 1/1/2024 at 4:51 PM, pinklucky61 said:

I hope one day to find out about hand pays! 

You get a W2-G and they report to the IRS.  If you have more than $10,000 in currency, no matter the format, you are responsible to declare to Customs.  

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I have never attended a slot pull where it was ran on a $0.01 or $1 machine and we've done many slot pulls and organized them many times as well. Every single slot pull we've done has been on a $5 machine (with a $20 buy in) and each participant gets 4 turns. That seems to be the consensus of what most people have wanted. The organizer typically uses his/her card. You don't get that many points from it, but it's a lot of work organizing it so it's fair for the organizer to get those points. 

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