The slot machine is a new addition to Borderlands 2, and it allows you to spend all of your hard earned cash for the chance to win fantastic prizes.

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Nov 26, 2017 I know there’s at least three gambling locations. Two are located in Sanctuary (in Mad Moxxi’s place), and 1 other is found in the Holy Spirits (highlands). I’m curious if there’s actually any other gambling machines out in Pandora. Videos:- Big S.
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I have found the cost of the slot machines the one-armed bandits carry to be the same as all the others and the odds of a useful payout or a legendary to be exactly the same as well. The cost of a spin on any slot machine appears to scale to storyline progress and playthrough.

The amount of money it costs to tug the one-armed bandit varies depending on your character’s level—as do the weapon rewards.

Eridium, character skins and cash are dispensed through the front tray, while weapons are acquired through the side tray on the left.

You can find two slot machines in Mad Moxxi’s bar for double the fun. You’ll also come across them in the wilderness, occasionally hoisted by a rare enemy called the One Armed Bandit.

Borderlands 2 Slot Machine Payout Guide

A handy tip: Play the slots with a group of other players to multiply your cash and Eridium rewards.

Another handy tip: While your friends are doing their shopping in Sanctuary, just head on to Moxxi’s bar and gamble while you wait. Money has little use apart from buying ammunition and rare items from stores and you’ll always find more cash to buy ammo should you ever run out.

The odds may always be in the house's favor, but it's not like you've anything else to do with your money.

Slot Machine Rewards

Three Psycho Masks : A live grenade. This “reward” is the only one that’ll hurt you by doing more than taking away your money. Be sure to avoid the explosion.

Three Single Eridium : One stack of Eridium (4 pieces)

Three Double Eridium : Two stacks of Eridium (8 pieces)

Borderlands 2 Slot Machine Rewards

Three Triple Eridium : Three stacks of Eridium (12 pieces)

Three Sevens : An uncommon rarity character skin from a weapons manufacturer.

Three Bells : More money for you to gamble with!

Borderlands 2 Slot Machine Rewards

Three Cherries : Uncommon (Green) weapon

Three Moxxi Symbols : Rare (Blue) weapon

Three Marcus Symbols : Epic (Purple) weapon

Three Vault Symbols : Legendary (Orange) weapon

Borderlands 2 Slot Machine Payout Slides

A pair of symbols with a bell: A small amount of cash.

A pair of symbols with a non-matching symbol: Common (White) weapon