100 Dollar Money Bags Slot Machine

Developed by Video Gaming Technologies (VGT), Mr. Money Bags centers on a flashy businessman who’s holding money bags. While this isn’t the most inventive theme, it does give you something toidentify Mr. Money Bags with.

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The symbols in this game hearken back to slots’ early days because you’ll see 7s, cherries, single BARs, double BARs, and triple BARs. The only unique symbol is the Mr. Money Bags icon, whichfeatures the cigar toting businessman.

Based on the generic symbols and single pay line, it feels like you’re playing an old slot machine. But we have to give credit to the artwork on the outside of the machine, which sells Mr. MoneyBags’ theme.

Regardless of the simplicity, this slot machine is really popular in Native American casinos in Oklahoma. Some of the different Oklahoma casinos where you can enjoy this game include the ChoctawCasino Resort in Durant, Downstream Casino Resort in Quapaw, Osage Casino in Sand Springs, River Spirit Casino in Tulsa, and Sugar Creek Casino in Hinton.

If you ever get a chance to play Mr. Money Bags in a casino, you’ll notice that it’s one of the most popular games available. In some cases, you’ll be waiting 20 to 30 minutes before you get yourchance on this machine.

One big reason why is because VGT linked Mr. Money Bags to a wide area progressive jackpot that’s available in Oklahoma casinos. This jackpot is seeded with $250,000 and grows with each betthat’s made at qualifying casinos in the Sooner State.

Other games linked to this jackpot include:

  • 777 Bourbon Street
  • Crazy Cherry
  • Hot Red Ruby
  • King of Coin
  • Lucky Ducky
  • Smooth as Silk

Another reason why Mr. Money Bags is popular is because it’s not your typical slot. Instead, it’s a hybrid between bingo and slots, which we’ll discuss next.

JW17
SO i have heard, but want to know from all of you experts. When playing slot machines you should play the highest level of slot you can afford because the house take is much lower because of the higher limit. Now I have done well on the $5 slots, for instance drove to LV, walked into the high limit slots room, played $5 a spin ond on my second spin hit for $1600. I continue to play the $5 and occasionally $10 slots on my trips, a hundred or two, as I usually am just killing time and drinking. BUT I was thinking of taking a grand and trying the $100 slots. Am I crazy or is it true, there is a greater chance of hitting this than a $.01 slot?
FleaStiff
CAREFUL. The reliable information from the Gaming Authority is only available in certain denominations. The very large slot machines might indicate the identity of the licensee therefore only limited information is available and data is therefore unreliable.
P90
Available information indicates there's no or almost no gain in extreme slot denominations. I don't remember the source, but it goes like 89%, 91%, 94%, 95% for penny to dollar slots, then 96-98% for multi-dollar slots, and actually drops a little at the very top.
Also, however high the return is, it's still under 100%, so it remains a losing proposition.
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FleaStiff

Also, however high the return is, it's still under 100%, so it remains a losing proposition.

Yeah, the casino owner sort of likes it that way.
winmonkeyspit3
Also remember that $1200 on a single spin requires tax declaration, so unless you have losses to offset these you will owe money to the IRS. On a $100 machine a 12x win isn't even very big but will require a hand pay. Just keep this in mind.
Dollar
pacomartin

Am I crazy or is it true, there is a greater chance of hitting this than a $.01 slot?


Of course it is true. Manufacturers always reward higher bets with better odds.
Do the math! If you improve the player advantage by a few percentage points, but you get them to bet twenty times as much, do you think that the machine makes more or less money per hour?Bags
tsmith

Also remember that $1200 on a single spin requires tax declaration, so unless you have losses to offset these you will owe money to the IRS.


100 Dollar Money Bags Slot MachineI was just wondering about this myself the other day, thinking that you'd be filling out forms every 5 minutes on the high-dollar slots, which didn't make any sense to me. So I did a little research and the way I understand it from what I've read, and I could be mistaken, the $1,200 tax thing applies only if the odds on the win were greater than 100-to-1, which would mean that on $100 slots you would have to hit a single win of $10,000 before they slapped you with a W2G.
MrV
Quote:

... the way I understand it from what I've read, and I could be mistaken, the $1,200 tax thing applies only if the odds on the win were greater than 100-to-1


You most certainly are WRONG there.

100 Dollar Slot Machine

tsmith
Okay.

Money Bags Slots Jackpot

MrRalph

Okla Slot Play Money Bags

Anytime you win over $1200 on a single spin you get the W-2G. If you get really curious about higher denomination slots you could try the $1000 per spin at the Bellagio. They are 3 reel and 2 coin max I believe. A single cherry will get you the W-2G there. I have yet to see anyone playing them. I think they have two of them.