• Cash Wizard slot machines play out on the very popular 5×3 reel configuration. The game has a total of 30 win lines and has a total stake of 50 credits (30 credits for the lines and another 20 to cover the bonus features). The wild symbol is the highest paying in the base game.
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The Cash Wizard slot machine is packed with bonus, so you will get lots of chances to boost your bankroll. The wheel is presented here as the main feature. You have to place a different ante bet to get.

With a name like Cash Wizard, who wouldn’t want to play this slot machine?

Bally Technologies is the mastermind behind this 5-reel, 30-payline video slot machine with a maximum wager of 250 credits.

While the setup may be conventional, there is nothing “standard” about this game. The wizard theme is engaging, the symbols are unique, and the payouts are well above average.

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Young kids can’t play slot machines in real life, but this game is based on a fairy tale. The theme follows a young wizard throughout his world. Along the way, you’ll come across symbols such as: poker card values (nine through ace), potion bottles, and of course, the wizard himself.

Note: in the early days of Cash Wizard slots, you were only able to play the game in land based casinos. However, Bally eventually released a mobile version of the game, meaning that you can play from anywhere in the world, as long as you have an internet connection.

Although every aspect of this machine is sure to catch your eye, it’s the three level progressive that deserves most your attention. As you know, progressive jackpots have the ability to grow over a short period of time – and this game is no different.

When you play a real money version of Cash Wizard slots, here are some betting details to keep in mind:

• Betting denominations include a single penny, two cents, and a nickel. For those who enjoy low denomination games, such as penny slot players, this is a perfect choice.
• Despite the low denomination, you still have the opportunity to win big. Get this: the maximum jackpot is 1,000,000x your initial wager.
• The payout percentage falls somewhere between approximately 87 and 90 percent, with a hit frequency in the 50 percent range.

If you’re going to play this game, you might as well keep your fingers crossed for the progressive jackpot. There aren’t many machines out there that offer a 1,000,000x multiplier.

More Fun with Bonus Rounds

There is more to Cash Wizard slots than the huge progressive jackpot. You can also win big money in one of five bonus rounds, which include:

• Wizard Mystery Wheel Feature
• Free Games Feature
• Magic Potions Feature
• Invisible Ink Feature
• Wizard Wild Feature

Don’t worry about which bonus game you enter. Regardless, your experience will be enjoyable and you’re likely to leave with more money in your account.

The Wizard Mystery Wheel Feature is most common, however, if you play long enough you’re sure to gain access to the other four.

For example, the Magic Potions Feature has long been a player favorite. This is initiated when you land three magic potion bottle symbols on reels one through three. Upon entering the bonus game, you have the option to choose from seven magic potion bottles. With extra credits hidden behind each one, you won’t leave empty handed.

The Invisible Ink Feature is every bit as exciting, with this initiated when you land an invisible ink symbol on the middle reel. When prompted, click on the symbol to reveal your multiplier. With a range from 2x to 20x, you know your initial bet is going to multiply in a hurry.

Play Cash Wizard Free Online

There are many online casinos that allow you to play Cash Wizard for free. The theme, gameplay, and bonus rounds are the same as with real money games. The only difference is that you don’t have the opportunity to win cold hard cash.

Even though you can’t win real money, don’t ignore the benefits of free Cash Wizard slots:

• Play for fun with no risk of losing money.
• Playing for free is often the best way to learn the inner works of a casino game.
• You can continue to play, one spin after the next, until you enter all five bonus features.

You may be the type who enjoys playing this game for real money at land based casinos, such as Mohegan Sun in Uncasville, Connecticut, but when this isn’t possible it never hurts to check out a free version online.

Final Thoughts

There are a few things that will immediately attract you to this machine:

• The name (Cash Wizard says it all)
• The bright lights
• The progressive jackpot

Once you sit down and spin the reels, Bally Technologies has designed the game to keep you engaged.

You may never consider a Cash Wizard slot machine your all-time favorite, but it’ll definitely be high on your list.

Hi, Owen, and welcome to the forum!
I'm not a math guy, but I'll try to give you a short version, and let others correct it if necessary.
The 95% example you gave is a theoretical amount that the casino should receive over the long run; for every $100 run through the machine, the casino expects to keep $5 on average. The slot is programmed to have winning and losing spins come up randomly, but each a certain amount of times that will be realized over many, many spins.
Some people will lose the whole $100 without a win; some people will win $100 or more right away and walk away. Other people will keep playing when they win, maybe quit even again, maybe continue until they lose, maybe keep winning and get up with more than they put in.
It all is expected to average out to $5 lost per $100 spent. But almost no individual player will have that exact experience. I think your understanding of it is pretty close to that, based on what you wrote, but I hope that my explanation helps.
FWIW, Casinos in the US (and perhaps in Peru) use the amount a gambler puts through a machine (how much money they 'expose') multiplied by the House Edge (rough description of this formula), to decide how valuable that customer has been to them; whether the customer won or lost, their value to the casino is based on that theoretical amount, and they will offer complimentary cash, rooms, and prizes that will draw those customers to return.

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if one day 1,000 people go to a casino with $100 and every one play a few hours of slot machines with a 95% RTP: 1000 x 100 = $100,000, turning a theoretical 5% of profit for the casino: $5,000, it this correct?

Yes, if and only if they each play $100 of spins and leave.
Most people do not do this. Most people playing on $100 actually play $1200 or more worth of games, as they play through their winnings as well as their initial bankroll.
Every $1 spin on a slot machine has the same 5 cent theoretical profit for the casino, assuming your 95% RTP.
I would expect if 1000 people with $100 each came in that they would play about 1,000,000 $1 spins (or equivalent), and house profit would be about $50,000.
If each spin took a slow 10 seconds, that would mean each player would play about 2 hours 45 minutes. On a more realistic 6 seconds per spin, that's a little longer than an hour and a half. Both of these numbers are well within what I've seen as possible.
If the place is 60% full for 14 hours, this is doable on about 250 machines.
I have no idea if this covers rent on the slot machines and TITO units.

Hi!
Thank you! I've read this forum for many years. I really appreciate your response. I was checking some oficial documents from the local government regarding the financial statistics from the local casino and here is some of the info from the last month (Approximately. I'm using example numbers):
Visitors per month: 9,000
Average spend per visitor: $50
Total wagered on slot machines: $4,950,000
Real monthly RTP: 95%
So, as you can see, people spent approximately $450,000 in the month, but wagered $4,950,000. That's eleven times the total spend. I don't know if I'm not understanding correctly the document or there is a kind of error. What does that mean? That the profit of the casino it's the 8% of the total wagered? ($247,500) Or it's just the 8% of the total spend? ($36,000)

Well, those are a bit different, perhaps made more complicated by translation from Spanish to English.
If I'm interpreting based on how it's done here:
$4,950,000 is called the 'drop', or how much is 'exposed' by all the gamblers together by making wagers.
95% RTP is what was returned to players from that drop, or $4,702,500. So the 'win' or 'hold' on the machines was $247,500, the other 5%.
The 9000*$50 per person (assuming this is only what they directly bet, not the amount they spent on their entire visit, like the economic impact including bar profits, gift shop, whatever), reflects the real impact of the HE on repeated exposure of your money to it. The house edge takes a cut at your money every time you cycle it, not just the first $100 you expose. And that adds up. So I would say, the house was able to keep (gross) 55% of the money made available to them during that month (247,500/450,000), while that base amount (450,000) was exposed to them approximately 11 times per $100 available.
I could, as always, be wrong. But I don't think those numbers are unrealistic.

So it's normal that slot machine players wager 10 times their initial bankroll?

Some more, some less, but I think this is a reasonable approximation for many players. This matches what I generally observe for 'normal' players.
Compulsives and AP's are different, but averaging them together might come out around the same.

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So it's normal that slot machine players wager 10 times their initial bankroll? And the real profit of the casino it's a % of the total wager? This casino have a large screen which holds all the statics from the previous day. Example:
Money played: $1,300,000
Money returned: $1,210,000
Commission: $90,000
So the $1,300,000 isn't necessary what people put on the machine. I would expect that people only put $130,000 or less. So if the casino received $130,000 in cash and returned $90,000, the real return it's near 30%? (!)

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The $1,300,000 is exactly what people put in the machine. Your question is (I think), where did that money come from? It could 100% be straight out of people's pockets, it could be them cycling the same money 10 times, 20 times, 30 times on average. That answer is the RTP. If everybody just plain lost, and kept feeding new money into the slots anyway, the RTP would be 0%. In your example above, the RTP is 93.077%.

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So the casino made $90,000 that day. Other days, it could be a negative number, if the money returned was larger than the money played. But for the real impact on the players, you'd have to know how many came in (the numbers you listed before) and their average or actual losses. I'm sure the casino tracks those, but what they really want to know is how much of the money that came in people's pockets stayed in their casino. They could've broken everybody and realized 100% of what came in. Maybe it was 2%. In your previous example, it was 55%. I'm sure those metrics matter to them in determining what games to keep offering, what clients to concentrate on making into repeat customers, whether their staffing is appropriate (not leaving people with money looking for games, but also not a lot of paid staff standing at dead games). But the bottom line is they made 90K that day, or almost 7% of the drop. That's actually a little low, I think; again, I could be wrong.