Ticket-in, ticket-out

Ticket-in, ticket-out (TITO) is a technology used in more modern slot machines. Originally developed by International Game Technology (IGT) and Casino Data Systems (CDS)^[1] under the name EZ Pay, a TITO slot machine prints out a barcoded slip of paper, which can then either be redeemed for cash, or inserted for play into other TITO machines.

Overview

Ticket-in, ticket out (TITO) machines are used in casino slot machines to print out a slip of paper with a barcode indicating the amount of money represented. These can in turn be redeemed for cash at an automated kiosk.^[2] The machines utilize a barcode scanner built into the bill acceptor, a thermal ticket printer in place of a coin hopper (some rare machines are set up to pay with coins if the payout is less than the payout limit, and to print a ticket in situations where a handpay would normally be required) and a network interface to communicate with a central system that tracks tickets.

Advantages and disadvantages

Like any system, TITO has its share of advantages and disadvantages.

Advantages

Hopper fills for TITO machines are virtually eliminated.
Casino patrons no longer have to wait for an attendant to perform a hand pay for large payouts.
Makes multi-denomination gaming machines possible.
Streamlines accounting procedures due to reduced cash handling^[3]
Enables ticketed bonusing, coupons and drawings.

Disadvantages

May cause some people to disassociate gambling using tickets from gambling using cash, in much the same way "credits" are indicated on some machines rather than a cash value.
Tickets can be easier to misplace than a large bucket of coins.
The lack of the sound of a big coin pay out is a turnoff for some players.

References

↑ "International Game Technology (NYSE:IGT)". Retrieved June 11, 2012.
↑ Saylor, Michael (2012). The Mobile Wave: How Mobile Intelligence Will Change Everything. Perseus Books/Vanguard Press. pp. 104–105. ISBN 978-1593157203.
↑ "Ticket-in, Ticket-out Technology". Retrieved January 22, 2014.

External links

EZ Pay Ticket System – Overview

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