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Wouldn’t it be great to know the loosest slots in any Las Vegas casino? Well, you can, and it’s easier than you might think.
- If a slot machine has a pay out percentage of 90%, the amount of money taken by the casino is 10%. So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered.
- When choosing where to do your slot gambling, you may want to keep in mind the following slot payback percentages for Nevada's fiscal year beginning July 1, 2018, and ending June 30, 2019: 1¢ Slot Machines The Strip - 88.33% Downtown - 88.96% Boulder Strip - 90.53% N. Las Vegas - 90.79%. 5¢ Slot Machines The Strip - 91.96% Downtown - 93.32%.
A “loose” slot, of course, refers to a machine that pays out frequently and in large quantities, every player’s dream. Those machines are also described as being “hot.”
Most often you’ll find the pay tables show a bigger and better maximum payout amount for “max bet” pulls. If you want a variety of machines but still want to maximize high slot payout percentages, check out the Bellagio Hotel & Casino, where there are thousands of ways to play including a number of high-paying slot tournaments. The Bellagio features over 2,300 reel, video reel and video poker games. The casinos downtown and off strip have a slightly better 'Payback Percentage' depending on the denomination. Roughly.6% better for pennies and 1.2% for dollars on average from the charts in 'Strictly Slots' magazine. Of course these are numbers collected over the last month.
In the parlance of casinos, loose slots can be said to have the lowest casino “hold.” The hold percentage is the part of a machine’s “coin in” that the casino keeps. Hey, these casinos aren’t going to carpet themselves.
The lower the hold percentage, the more a slot machine pays back to guests. The secret to finding the loosest slots in a casino, then, is knowing which machines have the lowest hold percentage.
Many believe this information is a closely-held secret, but here’s an easy way to find out which slots are the loosest: Ask someone who knows.
Crazy, right? Every casino with slot machines has a Slot Manager, often called the Slot Operations Manager. This person, who you will never see without a suit and tie (yes, they tend to be male), knows precisely what the hold percentages are for given machines, or more typically for banks of machines.
It’s the Slot Manager’s job to monitor how machines are performing, if they’re delivering sufficient profit to the casino given the space they take, if new machines are needed, where they should be placed on the casino floor and myriad other duties.
If you want to know which slots in a casino are the “loosest,” simply ask a Slot Manager.
These are some of the loosest slots at The D Las Vegas. How do we know? We asked.
Here’s how.
Ask anyone on the floor if the Slot Manager is available to chat. Slot attendants and cocktail waitresses can be very helpful tracking them down. Hint: Be professional and courteous.
Introduce yourself to the Slot Manager and let them know you’re interested in locating the slots with the lowest hold percentage on the floor. Slot Managers are busy people, so while there’s no harm in schmoozing, don’t be shy about getting to the point.
In most cases, a Slot Manager will either point you toward a bank of machines or escort you there. Express your appreciation accordingly, and it’s time to play!
That’s it. No, really. It’s that easy.
All this begs the question: Why would a casino employee tell a player the best-playing slots in the casino?
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Simple: Casinos just want people to play, they don’t care which machines they play on.
Why? Because no matter which machine you play, the house has the advantage. It’s built right into the machine’s microprocessor. Even if a machine has a great payback percentage, say 98%, it will keep $2 for every $100 put into the machine. Many machines keep significantly more.
As a rule, slots are looser at locals casinos than downtown casinos, and both pay back more than slots on The Strip. The more you know.
Now, if you can’t locate a Slot Manager, you can fall back on tried-and-true ways to find the best-paying slots.
A solid rule-of-thumb is the more active a bank of slots is, the higher the payouts tend to be. Casino regulars see patterns, so follow their lead.
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It’s also good to know that the higher the machine’s denomination, the more generous and frequent the payouts. For example, a $5 coin machine is going to have a higher payout percentage than a quarter machine, and so on.
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And finally, don’t discount the advice of those slot attendants and cocktail waitresses we mentioned. They, too, can see patterns in machine payouts. They may not be privy to the same information a Slot Manager has, but they can often point you toward the machines showing signs of being “hot.”
The next time you’re in a casino, remember our simple tip for finding the loosest slots: Ask a Slot Manager.
And remember to have fun when you play. That way, whether Lady Luck is in the mood or not, you’re always a winner.