I hear conflicting comments from knowledgeable authorities whether payback settings on cruise ships are either similar to most American casinos or are much tighter. Can you settle the confusion?
The last time we ran the answer to this question, in 2018, it was unanimous: Avoid cruise-ship slot machines at all costs. The consensus was that the bandits are "set to the lowest minimum payout," but we wonder if there is such a thing.
United States cruise ships have offered gambling since 1991’s Cruise Ship Competitiveness Act. This allows U.S. ships to open the doors to their casinos as soon as they hit international waters.
And once they’re outside U.S. jurisdiction, casino regulation gets a bit muddy. An organization called the International Council of Cruise Lines (ICCL) claims some regulatory control, though a lot less than land-based casinos are subjected to, and enforcement of the regs is spotty at best. For example, you won’t find a Council representative on board your cruise ship in the event of a dispute with the casino.
As far as slots go, the ICCL mandates that cruise ships “meet the regulatory standards of the Nevada Gaming Control Board or other licensed jurisdiction for payback and internal software.”
That’s fine in theory, but our understanding is that cruise ships, especially those flagged in foreign countries, don’t have to release their payout percentages, so who would know for sure what they are? And even if the slots are set for the minimum payback, that's a miserable 75% in Nevada.
And it doesn’t take an economist to know that not only does a cruise-ship casino have no competition, it also has a captive audience. The casino isn’t unaware on any level that it’s the only game in town and its clientele are on vacation, looking for a good time, and have pockets full of cash to blow.
Also, though cruise-ship casino patrons are onboard for a week or so and the casino would like them to spend all their nights therein, they’re not exactly repeat customers. Once they disembark, it’s highly unlikely they’ll be back, ever. So the casino has every incentive to slaughter, rather than shear, its sheep.
That’s why cruise ship casinos are fairly notorious for their dismal payback percentages. We’re sure there are some exceptions (and yes, we did hear in the comments to the last answer about a big winner on a cruise ship, but that was 30-plus years ago, on a video poker machine, where the player was preternaturally lucky at picking the high card on the double-up feature), but as gaming writer Mark Pilarski eloquently puts it, “Plan on a bruising when cruising.”
Most commenters suggested sticking to the table games, where the odds are known. Also, comps can be plentiful and lucrative for regular casino patrons who can play the tables for long enough, while limiting their losses.
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Jan-06-2023
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Jan-06-2023
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Mike
Jan-06-2023
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Raymond
Jan-07-2023
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