Buying a slot machine means starting a lucrative venture that will bring daily income your way. It might sound simple but purchasing a slot machine requires a strategic approach. You need to do proper market research to connect with reputable sellers. 

 

Also, knowing about the available machines versus what’s trending in the market is important to get a valuable slot machine. From the things to consider to reasons for buying slot machines, this article provides crucial information that you should have before making a purchase. Read on to learn more.

Why Buy a Slot Machine?

Buying a slot machine can be an amazing way to build a career. In fact, most people use these machines as side hustle ventures to earn something daily.How do slot machines bring you income?

 

Very simple. Through agreed percentages with casinos. Essentially, you can lease your machine with established casinos in your local town. There, you’re assured of daily income from players who visit the casino frequently.

 

Alternatively, buying a slot machine can bring elegance to your home. Or to your shop outlet.

Some people go for these machines to bring beauty to their houses. With their mixture of colors, slot machines can make your place look more beautiful.

 

Additionally, if you have a themed establishment like a bar, you should consider buying a slot machine. They can serve as an eye-catching decor for you and your customers.

You should also consider buying a slot machine if you fancy creating online content. 

 

Essentially, the machine gives you an edge in research. It enables you to test various aspects and share them to your audience from a first-hand experience.

 

Are You  Legally Allowed To Own A Slot Machine

Whether you can own a slot machine legally depends on the laws of your state of residence. While some states are okay with people owning these machines, others restrict the ownership on various grounds. 

 

If you’re living in California, owning a slot machine legally will be a bit difficult. The state has outlawed slot machines. The only exception is when you’re transporting them through the state or when you’re using them as antiques.

 

Luckily, some states allow you to own slot machines. You may own at least 20 year old slot machines in Florida or at least 25 years old in the following states:

 

• Lowa
• Illinois
• New Hampshire 
• North Carolina 
• South Dakota 
• Wyoming 
• Pennsylvania 
• Oklahoma 
• Mississippi 
• Montana 
• Maryland
• Louisiana 
• California 

 

Where You Can Buy A Real Slot Machine

You can buy a real slot machine on various online outlets and from auctions. Normally, auctions have second-hand machines that you can find at a throw away price. But I’d advise you to do a bit of research before making a purchase.

 

Ensure you know your state’s laws regarding ownership of slot machines. Also, find out about the licensing of machines from available outlets. eBay is a recommended online source of real slot machines. 

Just visit the site and navigate to the “Antique Coin Slot Machine” to find the offers. Craigslist is also a reputable source of real slot machines. Searching for the antique is especially important to stay in line with existing policies in your state. 

 

As mentioned earlier, most states require you to own a slot machine older than 25 years. 

Moreover, eBay is a go-to source because it enhances compliance with state laws. Usually, it will restrict you to legal machines in your residence. 

 

Things To Consider

Now you need to consider a few things to ensure you get the right slot machine. The following list outlines what you must consider to get a quality machine for your set budget and meet your expectations.

Cost

Ensure the cost lies within your budget. A good slot machine will cost you somewhere between 1,000 and $300,000. The cost is worth it because you’ll be banking at least 80% of the winnings.

 

The cost difference is due to variations in size, capability, and complexity. The more complex and large a machine is, the more you’ll dig into your pocket to own it. So, know what you want and gauge that against the cost of existing slot machines to get the most suitable one.

Repairs and services

Repairs and services should highly affect your purchase decision. This is because repairs and services mean forking out more cash. Also, repairs reflect the quality of a machine. A machine that requires several repairs may have served for a long time. 

 

This might have affected its quality. Go for slot machines with less repairs and services.

 

Space

Space is equally important when making a purchase decision. It determines how many players you can host. When making this decision, consider your available space. For home decoration, you can go for smaller, less complex machines.

 

On the other hand, purchasing a machine for your business may require you to go for bigger ones.

 

Size

The size of the slot machine is equally important when making a purchase decision. Bigger machines are best suited for business purposes. They enhance the accommodation of many players.

 

The more the players, the more the profit. Smaller machines are good for ornamental purposes. If you intend to use one in your themed establishment, get a small slot machine.

 

Conclusion

Buying a slot machine is simple with the right procedure. If you know what you intend to do with your machine, then you’re good to make a purchase decision. Visit sites like eBay and Craigslist to buy a real slot machine and start enjoying the many benefits today.

 

Would you prefer purchasing a slot machine in a physical or online establishment?