Which Casino Has The Loosest Slots In Vegas 2018
It is always smart to play with a bonus when you can, and our recommended casinos are trusted sites where players can feel safe when taking a bonus. Be sure to check out the bonus terms and conditions, find Which Casino Has The Loosest Slots In Vegas? Out how to claim the bonus on the casino you wish to play at. The average slots win percentage in 2019 for the casino operators located in the Downtown Las Vegas area is slightly under 8% with a value of 7.78%. North Las Vegas is the third popular gambling area. When it comes to the casino that has the loosest slots in Vegas the only evidence we could find was the table ranks of Las Vegas casinos according to the looseness of their video slot machines. The returns are based on sampling only five different types of machines, although the information is dated and goes back more than two years. Players can discern when slots are loose In other words, players can tell when the house edge (or hold percentage) is larger for some slots or some casinos, and smaller for others. El Cortez, one of the cheapest (yet perfectly decent and clean) Vegas hotels often advertises having ‘loose slots in Vegas’ (by as much as 40 per cent) and about having won the award for best paying casino in Vegas a couple of years ago.
Ever since the 1980s, casinos have discovered that they make more profits off their slot machines than they do from their table games. This is just as true of online casinos as it is of land-based gambling halls. In Las Vegas, where free drinks and loyalty rewards have long been used as inducements for slot play, the latest promotional craze is bragging about payback rates. Where are the biggest jackpots being hit? Who can offer the best slot machine odds?
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If you listen to Las Vegas locals, they say never play the slots at casinos that line Las Vegas Boulevard. “Strictly for tourists,” they will tell you. Then, they’ll point downtown where many of the city’s oldest casinos are grouped within easy walking distance from one another and add, “The best payouts are along Fremont Street.”
But what do the actual numbers say? Is Vegas street wisdom to be believed? And what to make of claims made by casinos themselves? Who really has the loosest slots in town?
Downtown vs. the Strip
Overall, slots generate nearly 60% of Nevada’s annual gaming revenues and almost twice as much as table games. The Nevada Gaming Control Board breaks down its Las Vegas slot statistics in two major tourist areas: downtown and the Strip. Additionally, there is a large locals market, which reports of gaming revenue classify as the Boulder Strip and North Las Vegas areas.
In the full fiscal year between July 1, 2011 and June 30, 2012, the payback percentages for all slots in Clark County were 93.51%. By area, the downtown paid back 93.47% and the Strip returned 92.62%, so there is a certain ring of truth to the locals’ claim. However, what goes unsaid is that North Las Vegas slots returned 93.91% and the Boulder Strip slots paid back 94.76%, so the best advice is to avoid the tourist areas and play where the locals play.
Compared to fiscal 2011, all of the areas except the Boulder Strip showed a slight reduction in paybacks in 2012. Slots located along Boulder Highway paid out exactly the same year on year; they include the machines of such popular casinos as Sam’s Town, Arizona Charlie’s, and Boulder Station, to name a few.
Odds by Slot Type
The Gaming Control Board statistics also indicate which slots pay out the best in order of the denomination of credit played. In fiscal 2012, Megabucks progressive slots showed the worst payback percentage overall, just 87.16%. However, the appeal of a massive jackpot obviously outweighs the poor odds during hard economic times, as Megabucks revenues rose 59% versus fiscal 2011—the biggest gain among all types of slots.
At the other end of the spectrum, the very best payback percentages came from high roller slots. Those accepting denominations of $5, $25 and $100 returned 94.67%, 96.52% and 96.30%, respectively—proving once again that it takes money to make money.
For those whose champagne tastes come with beer budgets, the most fruitful games are on the nickel and quarter slots, which also include video poker machines of those denominations. Fully 94.48% of all 25¢ wagers were returned in fiscal 2012. Coming in right behind were nickel slots, paying back 94.40%.
Many slot players enjoy multi-denomination slots, which were a reasonably good bet in 2012 with a 94.65% payback rate. Meanwhile, dollar machines were not bad performers, yielding a 94.42% return of the cash invested. Much less favorable to players were penny machines, returning just 89.33%—the worst bet other than Megabucks.
What About Other Games
Which Casino Has The Loosest Slots In Vegas 2018 Tickets
If slots aren’t your cup of tea, and you much prefer real money blackjack, then visit our dedicated page to online blackjack. United States Blackjack typically affords better odds than the slots, especially if players are willing to learn card counting. Bet your real money wisely with the tips you garner from reading legitimatecasino.com.
Who’s Really #1?
For those looking for a specific casino to frequent or a certain machine offering the very best slot odds, it is hard to separate the hoopla from the reality. The Gaming Control Board statistics do not reveal the results casino by casino or machine by machine. And the claims made by the casinos themselves have to be taken with a grain of salt.
For example, in 2010 the Palms Casino Resort launched a massive advertising campaign based upon the results of an “independent survey by the Las Vegas Advisor (that) indicates Palms’ slots and video poker returns are better than the average payback percentages in Nevada.” Their claim was that Palms’ slots were “28.278 percent looser than Clark County and 36.856 percent looser than the Strip.”
Not to be outdone, in 2011 the downtown’s El Cortez Casino shot back with advertising claiming that their slots were “39% looser than the Strip,” implying looser than the Palms’ slots by inference. Most lists of “hot slots” in Las Vegas mention the two properties as #1 and #2, but with three Megabucks jackpots awarded since 2004, perhaps the Palms deserves a slight edge. The El Cortez has paid no Megabucks winners to date.
Loose slots are considered the slot machines that pay out more frequently than other slot machines. Loose slots are always the slot machines most popular with the players and are the most sought after. Of course any player will seek out and play a game that frequently rewards them. Who wants to spend money on slot machines that doesn't offer wins? Without the loose slots, casinos would be rather boring to those of us who enjoy the win.
These slot machines are in existence for two reasons. A casino that claims 98% payout on slots must have these slot machines to avoid accusations of false advertising. Secondly, happy players with winnings will draw more players and excitement to the casino floor. Loose slots vary from day to day due to the random number generator within the computerized slot machines.
Are loose slots fact or fiction?
This really all depends on the slot machines. Some of these games have a higher payback and better odds. These slot machines are considered loose because a player could expect to see a better ROI than if they were to play low paying slots. If a sign says there is a 98% payback, you know it is a loose slot machine. This doesn't mean that if you play $50 that you will win $48. This means over a period of time (thousands sometimes millions of spins) the pay out will be 98%. Anything is possible during the time you are playing a machine. You could lose all of your cash or hit a jackpot. It isn't that hard to find the better paying slot machines in a live casino, with some patience and a little detective work.
Voted Loosest Slots In Vegas
Where are the loosest slot machines?
Casinos want their players to see each other winning jackpots. The excitement of a winning jackpot draws other players to the slots. This is similar to the super bowl ads you see during the big game. The more exposure received means more people will see it and buy into the hype. That's right, the casinos do this too. Think about it like this, you are on your way into the restaurant and a player hits a $5,500 jackpot. You can't tell me that you wouldn't want to play the slot machines after dinner! Who wants to see a show or go to the gift shop when the slots are hot? For this reason, most people believe the loose slot machines are close to the high traffic areas such as restaurants, entrances, and shops- most likely areas where the winning slots can be viewed by others. On the other hand while players are likely to find loose slots near high traffic areas it is doubtful that they will find them near the gaming tables like black jack or keno.
Listed below are just a few ways to find the loose slots.
- Look for a slot machine that is visible from many directions and that is centrally located in the casino. When players see others winning it encourages them to keep trying for a jackpot. This is generally where the casinos place their best slot machines.
- Ask a casino worker such as a change person or waitress. These people are in the casino all day everyday and will usually tell you which slots are paying out more than others. This small bit of information just might bring you a big win.
- Chat with the other slot players. Find out if they are in the casino on a regular basis and which slot machines they prefer. There is a good chance that they know where the loose slots are.
- Watch for the winners. The people toting large trays and buckets full of coins. This is a good indication that they have won steadily and may be at a loose slot machine. Stay nearby and get the machine when it is available.
Loose slots are not just in land casinos, online casinos have them too. When you're playing online slots, look for the page that brags about jackpots being won, this might help you determine what slots are the loosest.