If I understand the co correctly it will continue the payout when the outboard wiper finger leaves the “50" payout right and still have contact with the co until it reach the right payout?
Now It stops immediately when the outboard wiper no longer have contact with the higher payout and it also have no contact with the co..
CO = carry over, and you have it right. The outboard wiper should step off the 50 trace a few steps before 50, and the pay completes via the main wipers on the CO trace until they step off CO.
in your case, you have two sets of main wipers connected together on the hub of the spiral cam, and it's the 12:00 set at reset that should be completing the pay.
you'll need to remove the outboard carriage and spiral cam to see what is going on. Clean the traces and make sure the wiper contacts are more-or-less planar - and especially verify the ones connecting the F trace to the CO trace are good.
I guess you could also clip an ohmeter to F and CO and see what happens when you manually step the unit. They shouldn't be connected for a while, then connected together until step 50.
if the CO trace or F trace is damaged (burnt ends or pitting), you're kinda in trouble and need to fix it or source another payout disc. Pays will end when a good connection between F and the CO trace is lost.
other possible cause is the CO trace is not getting energized. It normally connects to a SPDT payout relay switch and on a typical game it's wires 60-1 connecting to 98-5 when the payout relay is energized. Could be the switch (or plug connection if there is one).
if you can get a meter clipped on, you could verify the CO trace has 50V (other probe on orange wire 70) when the payout relay is energized.
if you do take off the wipers and spiral cam, please post a pic of the payout disc. I don't have a blueprint for that one.
note if someone adjusted the outboard wiper positions to try and complete the pay thru those, you'll never get it to work reliably. Slop in the carriage and the small amount the outboard wipers move each step makes it extremely unlikely you could get the outboard wiper stepping off the pay trace at exactly the right step every time, and eventually arcing would burn the trace end and you'd always get short pays. That's why the CO trace design exists :-)