Volumes have been written on this item, and the debates and arguments about where the "hot" slot machines are positioned in a casino are still bubbling – over 60 years after the slot machines were first placed in gambling houses.
The traditional rule is that the better one armed bandits were located just inside the main entrance of the casino; so that fun seekers going by would be able to see jackpot winners and be impressed enough to come inside and play. Our observation is that this is no longer the case.
Practically all of the large casinos nowadays are behemothic complexes and it’s no longer possible to see inside from the sidewalk, so there is no longer a reason to have the ‘loose’ slots near to any exits.
Another classic rule is that loose slots are placed on the major aisles in the casinos, again so that more persons could see winning jackpots and be roused to play. Importantly however, we find that this also isn’t a universal rule any more.
What casinos found over the years is that people walking down the busy aisles were frequently on the way to somewhere else. If they played the slot machines at all, they would simply put in their loose change because they happened to be walking by. Win or lose, they would very often not stop to keep playing. And the very last thing a casino wants is for someone to win a jackpot by playing only a few coins and then not stay to put it all back in!
These days, casinos are constantly changing their perspective about where to place the loose one armed bandits.

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