Loosest Slots In Oklahoma Casinos

Welcome to this edition of Red Screen Ninjas. We break down a few slot machines at Riverwind Casino to help recommend which machine to play and avoid. Winstar World Casino. Gaming floor: 600,000 square feet. Gaming machines: 7,000. When talking about Loosest Slots In Oklahoma no deposit bonuses you need to know that there are a few types of bonuses. First of all you have the free money bonuses which means that you get an amount in cash to play for. There is then also the free spins which often is limited to a Loosest Slots In Oklahoma specific type of game. Find out what slot machines actually returned to the public in all U.S. See which states have the best-paying casino slot games and which have the lowest-paying casino slots. Includes slot machine payback statistics for all U.S. Casino/resorts, riverboats and Indian casinos.

Recently, I read a blog post that suggested I write my posts to an imaginary avatar—an individual who needs my help and advice, and I should write to that person as if we were just shooting the breeze around a campfire.

I have an avatar in mind now. He visits the Winstar Casino in Oklahoma every Friday, and he usually takes one of his 2 girlfriends there.

He plays the slots, and he’s lost almost $7000 this year already. He’s obsessed with climbing the VIP club ladder, too.

Here’s my advice to this Oklahoma slot machine player:

1- Start Playing Poker Instead of Slot Machines, You Nitwit

The payback percentage on the slot machines in Oklahoma is awful.

We’re talking about games in a jurisdiction where the casinos aren’t even required to report their payback percentages.

In many jurisdictions, the payback percentages for slot machines must be above a certain number, and they must report their actual paybacks over time.

Neither of these rules apply to the casinos in Oklahoma, so you don’t have any way of knowing what the payback percentage on these games is.

My guess is that they’re only slightly better than the payback percentage you’d see playing scratch and win lottery tickets.

What does this translate to in terms of hourly expected losses?

I know that you play for at least $3 per spin, and you probably make an average number of spins per hour—600. You’re putting $1800 per hour into action.

At that 80% figure, you’re getting back just $1440 in winnings, which means you’re losing $360 per hour on average. It might be even more than that.

That’s expensive entertainment, man.

Seriously, how many movie tickets can you buy for $720—the predicted cost for 2 hours play on those machines?

But I know you want to keep gambling, so here’s my advice:

Switch to poker.

You like playing poker, and you enjoy socializing with the other players at the table. The only downside to poker for you is the slow action.

You’re probably never going to be a winning poker player, but you at least have a chance in poker.

And no way do you play so badly that you’re operating at a 20% disadvantage.

2- Stop Trying to Climb Higher on the VIP List for the Slots Club

I know you’re excited about the perks of being a high roller on the VIP list in the players club there. You only mention it every time we talk about the casino.

But don’t you realize that the amount of money it’s costing you to climb that VIP ladder far exceeds the amount of monetary value you’re getting in return?

The program has 3 tiers, and you’re already in the 2nd tier, trying to move up to the 3rd tier.

And what kind of perks do you get for that 3rd tier?

A 20% discount at the spa?

Really?

I don’t know what’s in the VIP gift packages, but whatever they include, I guarantee you could buy it cheaper if you stopped losing money playing the slots there.

Yeah, the free stuff is cool, and you feel like a VIP, but you can feel like a VIP just by spending money and come out ahead.

3- Host Your Own Poker Game Instead of Going to the Casino Every Weekend

I love playing in an actual cardroom in a casino, and you’ll find plenty of action at whatever stakes you prefer at the cardroom in the Winstar.

But even that’s not free.

The Winstar, like every other casino in the United States, charges a rake in exchange for hosting the poker game. This takes the form of 5% of each raked pot.

Even if you’re just as good as the other players at the table, you can’t break even when the casino is taking 5% out of every pot.

On the other hand, you know lots of poker players here in town. And I know you own a poker table and clay chips.

The only trick is finding poker players who want to play for the same stakes you do.

I know you enjoy cooking and playing the host, too. You can go to bed after everyone leaves without driving for 45 minutes to get home, too.

Most importantly, you stand a better chance of winning money in your home poker game because you’re not having to pay the 5% rake to the casino out of every pot.

4- Find Some Women to Hang Out with Who Don’t Like to Gamble

I know that part of the reason you visit the casino so often is because these 2 women you date both love to gamble.

I also know that they love gambling with your money, not theirs. After all, we’re talking about one woman who cleans the rooms at a nursing home for a living, and the other woman is a waitress.

Neither of them can afford to gamble at the levels you like to gamble.

I know how much money you’ve lost at the casino this year, but I wonder if that amount accounts for the money you’ve given these 2 girlfriends?

You have a few rational choices here:

You could try finding other activities to engage in with these women. They might like these activities, or they might not.

I doubt either of them would break up with you just because you stop taking them to the casino.

You could try getting these 2 women to learn how to play poker. I’ve met both of them, though, and I’m convinced that neither of them are going to be great at the game.

Even so, they’re not idiots. If they’re willing, they can learn to play Texas holdem well enough to do better at that game than they do at the slot machines.

Finally, you could just dump both these gals and find new ladies to spend time with doing other stuff.

We live near Dallas. You can find plenty of educational and culturally things to do that don’t involve pouring money into gambling machines on the behalf of these women.

I know you struggle with dealing with life without using beer and marijuana as crutches.
But your lifestyle as a degenerate gambler all ties together.

No one—not even you—makes good decisions under the influence.

They especially make bad decision when it comes to gambling.

Losing as much money each year playing slot machines as you do is objectively a bad decision.

You have so many more fulfilling things you could be doing with your money than drinking, smoking, and gambling with it.

If you enjoy the risk involved with gambling, you could try gambling at something that involves higher risks but potentially much higher rewards.

And you’ll have far more influence over your destiny gambling on an investment in your own business than you ever will playing slot machines at the Winstar Casino.

Any of these opportunities at least affords you the opportunity to succeed and win money. It’s also easier to write off your losses as a business owner than it is to write off your losses as a gambler.

In fact, the only way you get to write off your losses as a gambler is if you come home a winner.

Otherwise, your losses are just an entertainment expense, which is not generally a tax deductible expenditure.

You could even combine your love of gambling with a new business. I don’t recommend starting your own underground cardroom, as tempting as that is in this area.

It’s a felony to run a gambling hall in Texas, after all.

But you could open a store in the mall selling poker equipment and do quite well with it.

Poker tables, poker chips, and playing cards are all available wholesale and you can make big profits re-selling such items.

You could even expand your inventory to include things like dart boards, pool tables, and jukeboxes.

You could even sell gambling books and DVDs.

7- Travel to Vegas a Couple Times a Year Instead of Going to Oklahoma Every Weekend

Sure, traveling to Las Vegas a couple times a year might cost a little more than visiting Oklahoma every weekend, but I think you can still come out way ahead—even with the travel costs.

Let’s look at the numbers again. We already figured out that you lose an average of $360 per hour playing slots in Oklahoma.

And you go every weekend, so let’s be generous and say you only spend an hour playing each weekend.

That’s 52 hours at $360 per hour, or over $18,000 per year in gambling losses.

I know, you’ve only lost $6000 or $7000 this year, but if you keep playing, the Law of Large Numbers will ensure that your actual results will eventually start to look like the expected results.

Now let’s say you decide to go to Vegas twice a year instead. We’ll assume you’re going to spend $2000 on flights, and another $1000 on your rooms.

Let’s call it another $1000 for meals and entertainment.

That’s $4000 for the travel expenses to Vegas, including entertainment and food. Your total might be different depending on when you go and where you cut corners.

I know you can fly out there for a lot less than that, but I’m assuming you’re flying first class or something.

Now let’s assume you’re going to spend 3 days in Vegas on each trip, and you’re going to spend 2 hours per day gambling. That’s 12 hours total.

The slot machines in Vegas have a payback percentage of closer to 92%, so the house edge is about 8%–give or take.

If you spend 12 hours putting $1800 into action, you’ll put a total of $21,600 into action.

Your expected loss on that kind of action is $1728.

So you’re looking at $6000 or so in total expenses traveling to Vegas to gamble twice a year, compared to $18,000 if you travel to the Winstar every weekend.

You’ll enjoy the Vegas trips more, too, I promise you.

8- Go Ahead and Open that Online Sportsbook Account You Keep Talking About

I know you watch football every weekend, and I know you participate in the betting pools at work. I also know you’ve been thinking about signing up for an online sportsbook like 5Dimes.

You should go for it.

You don’t have to limit yourself to 5Dimes, but they’re rated 4 stars on our site, and they’re happy to accept action from United States bettors.

Other options include bet365, Bookmaker.eu, and Bovada. Each of them has its pros and cons.

You could get some money into action every weekend during football season, and maybe that would satisfy your gambling urges as well as or better than playing slot machines in Oklahoma.

I’d much rather see you risking your money this way than playing slots or even the lottery.

9- Don’t Worry about Using Up the Rest of Your Player Points this Year

That’s how they get you, man.

If you don’t visit the casino, you can’t lose money on their slot machines.

And the only way you can redeem those player points for something of any value is to visit the casino.

By buying into this incentivized gambling scheme that the casino has going, you’re just keeping that monkey on your back.

If you do decide that you’ve earned so much incentives that you just can’t forgo using them, at least limit yourself to the poker games when you visit.

If you’re not sure you have the self-discipline or self-control to do that, skip it.

Or call someone who’s willing to hold you accountable before, during, and after you visit to the Winstar.

Even better, take someone with you and explain to them what you’re trying to do on your way there.

Those incentives are worth FAR less than the amount of money you’re losing on the slot machines there.

10- Read Some Good Books about How Gambling Actually Works

For most gamblers who want to become better educated about how gambling actually works, I suggest reading Winning Ways: The American MENSA Guide to Casino Gambling by Andrew Brisman.

It’s a great book, and you should definitely find a used copy of it and read it.

But I have another book you should start with:

Addiction by Design: Machine Gambling in Las Vegas

This is one of the most eye-opening books you’ll ever read about how slot machine gambling works in any casino, even though it specifies Las Vegas in the title.

Loosest Slots In Oklahoma Casinos

Natasha Dow Schüll wrote this one.

Some people consider me a gambling expert, and I know a lot about slot machines and how they work.

But Addiction by Design STILL made my jaw drop with surprise at how nefarious the design and implementation of slot machines works.

Once you’ve read those 2 books, in either order, you should move on to some more general gambling thinking books like Getting the Best of It by David Sklansky.

You should also read books about winning at poker, like The Theory of Poker (also by Sklansky).

And if you decide to follow up on my sports betting suggestions, pick up Sharp Sports Betting by Stanford Wong.

You can find a lot of great information about gambling on the internet for free, but you have to wade through a lot of junk to find informative and educational pages like the ones I write on the internet.

When you’re reading gambling books—especially the ones I recommended above—you can be confident that you’re getting accurate information that might actually help you win some money over the course of your gambling career.

I might sound really negative about Oklahoma slot machines, but I don’t mean to.

I’ve written this post with a specific audience in mind—the guy who spends too much money gambling on the slots in Oklahoma.

If you’re like me, and you only visit Oklahoma casinos 3 or 4 times a year, much of this advice doesn’t apply.

You’re a recreational gambler paying reasonable amounts for your entertainment.

What advice would you give someone who’s playing too many slot machines in Oklahoma?

Our 13th Annual Guide to the Best Slot Paybacks in the Nation

Where Are The Loosest Slots In Oklahoma

by Frank Legato

It has been a dozen years since Casino Player first gave recognition to the casinos that had shown themselves to be the most generous in the nation. It was 1994 when the magazine first issued awards to the casinos with the “loosest slots.”

Welcome to the 13th edition of our annual “Loosest Slots” awards. This is where we tell you the casinos and regions in North America that have, for the past year, given their players back the highest percentage of the money put into their slot machines.

As we do every year, we first mark the occasion with the story of how the awards—and the concept of “loose slots”—got started. Players, in fact, began referring to slots as “loose” or “tight” in response to information first published by Player. Shortly after the magazine published its first issue in 1988, our editors decided to take the information publicly reported by regulatory agencies (only two at the time, in Nevada and New Jersey) on slot “hold” or “win”—the percentage of slot wagers kept by the casino as profit—and presenting it in a way that would be useful to slot players.

CP took the reported hold percentages and reversed them to show the “payback percentage”—the percentage of slot wagers returned to the players in jackpots. The regulatory agencies reported the information to the public every month, so we began publishing monthly charts showing slot payback in Nevada and Atlantic City. The charts grew as the industry grew, to include every new riverboat and Native American jurisdiction as their payback numbers became public.

Before long, players were referring to casinos with low slot paybacks as “tight.” Generous casinos inevitably became known as having “loose slots.”

It didn’t take long for the casinos to get over their initial misgivings about having their generosity logged by a magazine, and to start considering “loose” as a potential marketing hook. Billboards began to herald “loose slots” as something to differentiate one casino from another.

And, when Player began tallying up each year’s actual payback numbers for annual “Loosest Slots” awards, the awards themselves became badges of honor, to be shouted from billboards and advertisements.

Annual calculations of the loosest slots by casino and jurisdiction are recognized as a much better gauge of casino payback policy than examining the charts from any single month. It takes several months for slots on the floors to reach payback numbers similar to their theoretical settings. One month’s actual numbers will often reveal short-term aberrations—such as a single-month percentage exceeding 100 percent, for instance, if there happened to be several large jackpots.

Four or five months offer a much more accurate picture of slot payback, and a year’s worth of actual numbers gives a fairly accurate picture of a casino’s payback policy.

The numbers you find in the following pages will show you where the loosest slots are in 2006, based on the percentage numbers reported over the past 12 months. Before we give you this year’s highlights, there are questions that our readers always ask concerning this subject which we feel should be addressed up front.

First, a word on the nature of payback percentage: It is a long-term number that does not reflect the odds of any one player of winning or losing in the short term. A 100 percent payback percentage does not mean you win every time. It means that, over time, that machine will return as much in jackpots as it takes in wagers. The flip of a coin is 100 percent payback. Over time, it will come up heads as many times as it comes up tails.

Next, the percentage numbers reflect both regular slot and video poker percentages. The casinos are not required to separate video poker percentages from slot percentages in their reports to the state regulators, so this is viewed as proprietary information. However, as our video poker experts have reported time and again, the casinos with the highest overall percentages are almost always the same casinos with the highest-returning video poker pay tables.

Nevada and a few other jurisdictions publicly report their percentages by region rather than individual casino. In the case of Nevada, the sheer number of casinos makes individual casino listings impractical, so the state breaks the numbers into regions including Reno/Tahoe in the north, and six sub-regions of Clark County in the south—Las Vegas Strip, Downtown, Boulder Strip, Laughlin, North Las Vegas, and Balance of County.

Next, it is possible that the jurisdiction in which you play is not included in the listings—particularly if the casinos you frequent are Native American casinos. Not all casinos are required to report their hold percentages publicly, and if they are not required to make those numbers public, the casinos view the percentages as proprietary information, and will not reveal them to us or anyone else.

Finally, no, pennies are not yet broken out in our payback percentage charts. The penny phenomenon hit the slot business so quickly that the regulatory agencies have not yet caught up. Though they are probably played by at least as many players as choose the nickel denomination, the agencies have not yet broken their payback numbers out of the “Other” category that includes dimes, half-dollars and two-cent denominations. We can only report and analyze what is made public. When penny numbers are made public, you will have them.

A New Day

So who gets the crown as having the loosest slots in 2006? Not who you may think. This year’s survey reveals some firsts.

For the first time in more than a decade, our survey shows that the loosest slots in America are not in Nevada, and that the loosest slots in Nevada are not in Clark County.

For years, we have been reporting the loosest slots in the nation can be found in the locals casinos surrounding Las Vegas—in the northeast suburbs (“North Las Vegas” on the charts), along the Boulder Strip, and in other off-Strip areas of Clark County.

A survey of percentages for the past 12 months shows that the loosest slots in the nation are in Illinois, at the Casino Queen riverboat casino in East St. Louis. Casino Queen has been in the Top 3 in our survey before. This year, the riverboat casino hotel beats them all, returning 95.13 percent of all slot wagers to players in jackpots over the past 12 months.

Casino Queen was the only place in the nation to record overall slot payback percentage for the year that exceeded 95 percent. Congratulations to these folks for giving more back to players than anyone else.

No. 2 on our Loosest Slots list was in Nevada, but not in the Las Vegas Valley. This year, the second-loosest slots in the nation—and the loosest in Nevada—are in the Reno/Tahoe area, with 94.96 percent of wagers returned to players. That was enough for Reno to squeak by our third-place finisher nationwide, the Boulder Strip—the group of properties along Boulder Highway in southeast Las Vegas that includes Sam’s Town, Boulder Station and Arizona Charlie’s Boulder.

There were few surprises elsewhere in our survey this year. In Atlantic City, Borgata turns in the highest payback again—the third Loosest Slots award in the resort’s three years of existence—returning 92.51 percent of wagers. Close behind were Trump Plaza at 92.25 percent and Trump Taj Mahal at 92.15 percent.

Everywhere else, there were repeat winners: President in Missouri; New Orleans in Louisiana; Cripple Creek in Colorado; Mohegan Sun in Connecticut; Casino Queen in Illinois; Argosy in Indiana; the Gulf Coast in Mississippi; Prairie Meadows in Iowa; and Lac-Leamy in Quebec.

A few tidbits within the numbers: Although failing for the second year in a row to reach our top three (after six years as Number One), North Las Vegas does have the loosest dollar slots in the nation, returning a hefty 96.49 percent of wagers to players last year. The highest annual payback number on our chart was 97.25 percent, returned by $5 slots at the Lakeside Casino Resort in Iowa. The “lowest loosest” number was 89.22 percent, returned by nickel slots at Foxwoods.

As always, our Loosest Slots results are certified by the Ventnor, NJ, accounting firm Rimm, Lavinsky, Horowitz and Pollard LLC.

To all of our Loosest Slots winners, congratulations from Casino Player. You have proven you know how to give slot players a fair shake.

Atlantic City

5¢
Borgata 90.74
Trump Marina 90.33
Trump Taj Mahal 89.93

25¢
Harrah’s 92.63
AC Hilton 92.19
Showboat 92.18

50¢
Harrah’s 94.15
Trump Plaza 93.02
Trump Marina 92.40

$1
Trump Taj Mahal 93.98
Trump Marina 93.35
Bally’s Park Place 93.23

$5
Trump Plaza 95.77
Trump Taj Mahal 95.15
AC Hilton 94.80

Overall
Borgata 92.51
Trump Plaza 92.25
Trump Taj Mahal 92.14

Connecticut

5¢
Foxwoods 89.22
Mohegan Sun 89.20

25¢
Foxwoods 91.00
Mohegan Sun 90.21

$1
Foxwoods 92.44
Mohegan Sun 92.13

$5
Foxwoods 94.34
Mohegan Sun 93.76

Overall
Mohegan Sun 91.48
Foxwoods 91.46

Colorado

5¢
Cripple Creek 93.54
Black Hawk 93.16
Central City 92.84

25¢
Black Hawk 94.99
Cripple Creek 94.99
Central City 94.64

$1
Central City 95.53
Cripple Creek 95.30
Black Hawk 95.27

$5
Black Hawk 95.83
Cripple Creek 95.46
Central City 94.53
Overall
Cripple Creek 94.29
Black Hawk 94.15
Central City 94.04

Illinois

5¢
Casino Queen 93.18
Alton Belle 92.72
Jumer’s Casino 92.31

25 Cent
Alton Belle 95.03
Casino Queen 95.02
Jumer’s Casino 94.94

$1
Casino Queen 96.25
Alton Belle 95.39
Harrah’s Joliet 95.29

$5
Alton Belle 97.14
Casino Queen 96.94
Empress Joliet 95.81

Overall
Casino Queen 95.13
Alton Belle 94.11
Grand Victoria 93.83

Indiana

5¢
Caesars 90.47
Belterra 90.24
Argosy 90.17

25¢
Trump 93.64
Belterra 93.42
Caesars 93.32

$1
Argosy 94.70
Trump 94.58
Majestic Star 93.95

$5
Argosy 96.55
Trump 96.36
Caesars 95.40

Overall
Argosy 93.32
Caesars 92.53
Belterra 92.44

Iowa

5¢
Mississippi Belle 2 93.00
Diamond Jo 92.29
Prairie Meadows 92.06

25¢
Diamond Jo 94.48
Isle of Capri Bettendorf 94.29
Mississippi Belle 2 94.07

$1
Prairie Meadows 95.76
Argosy of Sioux City 95.58
Rhythm City 95.28

$5
Lakeside 97.25
Argosy of Sioux City 96.45
Isle of Capri Marquette 96.25

Overall
Prairie Meadows 93.69
Diamond Jo 93.20
Dubuque Greyhound
Park & Casino 93.08

Louisiana

5¢
New Orleans 91.24
Baton Rouge 91.07
Shreveport/Bossier 90.03

25¢
New Orleans 93.03
Baton Rouge 93.03
Lake Charles 91.99

$1
New Orleans 94.66
Baton Rouge 94.22
Shreveport/Bossier 93.76

$5
New Orleans 95.83
Baton Rouge 95.25
Shreveport/Bossier 93.78

Overall
New Orleans 92.78
Shreveport/Bossier 92.40
Baton Rouge 92.25

Mississippi

5¢
Coastal Region 92.23
South River Region 91.76
North River Region 90.38

25¢
Coastal Region 94.34
South River Region 93.39
North River Region 92.76

$1
South River Region 95.70
Coastal Region 95.23
North River Region 95.20

$5
North River Region 95.94
South River Region 95.80
Coastal Region 95.69

Overall
Coastal Region 93.76
North River Region 93.33
South River Region 93.15
Missouri

5¢
Harrah’s N. KC 92.22
Ameristar St Charles 91.44
Mark Twain 91.29

25¢
Isle of Capri KC 93.98
President 93.88
Argosy Riverside 93.75

$1
President 95.63
Argosy Riverside 95.63
Isle of Capri KC 94.85

$5
Argosy Riverside 97.23
President 96.63
Isle of Capri KC 96.36

Overall
President 93.25
Isle of Capri KC 92.63
Argosy Riverside 92.62

Nevada

5¢
Mesquite 93.81
Boulder Strip 93.50
North Las Vegas 93.15

25¢
Boulder Strip 96.32
North Las Vegas 96.24
Balance of County 95.08

$1
North Las Vegas 96.49
Boulder Strip 96.17
Reno 95.84

$5
Laughlin 96.31
Balance of County 96.25
Reno 96.01

Overall
Reno 94.96
Boulder Strip 94.95
Balance of County 94.91

Quebec

5¢
Charlevoix 91.41
Lac-Leamy 90.78
Montreal 90.70

25¢
Montreal 91.59
Lac-Leamy 91.57
Charlevoix 91.08
$1
Lac-Leamy 94.38
Montreal 93.78
Charlevoix 93.52

$5
Lac-Leamy 95.23
Montreal 94.85
Charlevoix 94.24

Overall
Lac-Leamy 92.76
Montreal 92.57
Charlevoix 92.3

Loosest Slots.