Loose Slot Machines Nevada

Slot machines often get a bad rap from gambling writers. But the truth is, slot machines are the perfect gambling activity for certain types of people. They’re easy to understand, they’re easy to play, and they offer the possibility of big winnings.

The unicorns that most gamblers are looking for in the casino, though, are the loosest slot machines. What does that mean?

When a gambler describes a slot machine as “loose” or “tight,” she’s usually referring to the payback percentage for the game. Slots with a higher payback percentage than average are loose, while slots with a lower payback percentage than average are tight. Loose slots usually have a higher hit ratio than tight slots, too.

You’ll find plenty of inaccurate information about how to find the loosest slot machines in the casino. I try to avoid most of those inaccuracies in this post, but I do want to begin with a warning:

The probabilities involved with slot machines are “opaque.” That means you don’t have any way of knowing what the payback percentage for any particular slot machine game is. The random number generator that determines the outcomes is programmed to have each symbol come up with a certain probability, but there’s no way of knowing if that number has been set to 1/6 or 1/60. Even observing a large number of spins only provides limited insight into these probabilities.

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You do know what the payouts are for the various combinations. But since that’s only half the equation, you can’t really know whether a game is loose or tight except anecdotally. I’m going to assume that anecdotal evidence has some value, but in terms of math, science, and statistics, anecdotal has no value at all.

1- Look for the Loose Slot Machines in the Locations Where Loose Slot Machines Are Found

Casino mapping is a real thing, but it’s not as simple as some gamblers would have you believe. If finding the loose slot machines were as easy as just playing the games located nearest the walkways, everyone would play those games to the exclusion of the other games.

That being said, it might be worth giving those games a try if they look like fun. They’re not more likely to be tighter than the other machines than any other game on the casino floor.

I’ve read that some areas in the casino have lower payout machines than others, and it might be wise to avoid games in those areas. These might include:

  • The main slot machine floor. These games probably see the most action, so it would make sense for them to have lower payback percentages.
  • Near the table games. These games see more than their fair share of action, too. The same reasoning would apply.
  • Near the poker room. I’ve seen some gamblers swear that these are the worst machines in the casino. You have to wonder about a poker player who spends a lot of time playing slots, though.

Of course, there are other locations where the loosest machines might be located. Depending on whom you believe, these might include:

  • Anywhere that gets more traffic than usual. For example, if a slot machine is located near the elevators, it might have higher payouts to attract play from someone who might not otherwise play.
  • Anywhere that another gambler recommends. This is, of course, the classic mistake—relying on anecdotal evidence. It’s possible, though, that you might find a slot machine player who’s been paying close attention and knows where the loose machines are.

In fact, that leads me to my next point…

2- Don’t Be Afraid to Ask

The obvious person to ask about the location in the casino of the loosest slot machines is someone who works there. This isn’t a guarantee that she’ll be able to direct you to a loose machine, but she might have some insight based on her observations. Depending on how long she’s worked at the casino, she’s probably seen tens of thousands of even hundreds of thousands of gamblers over her career there. She might have noticed that a lot of them seem to be winning on slot machines in a certain location.

In fact, some casino employees even have their own favorite machines. If they play slots, they might have more insight into where the hottest machines are than you could imagine. Don’t pay much attention to the employee who tells you where last week’s big winner hit, though. That has no predictive value at all.

If you’re dealing with a cocktail waitress, it’s a good idea to tip generously. For that matter, no matter what they do at the casino, if they try to help you find a loose gambling machine, tip them. At some casinos, employees are forbidden from suggesting specific games. Sometimes you’ll find casino employees who just don’t want to be bothered with such concerns, too. Don’t be a jerk if that’s the case.

3- Don’t Play Slot Machines That AREN’T in Casinos

In towns like Las Vegas, slot machines are everywhere, in all kinds of businesses. Every bar in the city seems to have some slot machines. The airport is full of slot machines, too. You can even find slot machines in the gas stations and convenience stores.

We know one thing for certain about slot machine games in these non-casino locations:

They don’t pay out well. The payback percentage for airport slots in Las Vegas are the worst in the city. Bars aren’t much better, either. The owners and operators of these businesses figure they’re the only game in town and have a captive audience. So they set the payback percentages for those games accordingly.

Casinos, on the other hand, are competing with other casinos for the mindshare and hard-earned dollars of the casino gamblers. Since they’re in competition with the other casinos, they must offer payback percentages that are as good as their competitors’ or better.

This is one ironclad rule for finding the loosest slot machines in the casino:

ONLY play slot machines in a casino, not the slot machines in other businesses. That’s as good a starting point as any. The difference could be as significant as the difference between a 94% payback percentage and a 74% payback percentage.

Assuming you’re a conservative, low-stakes player, here’s the difference in predicted hourly loss between those 2 examples:

Loose Slot Machines Nevada City

  • Assume 400 spins per hour at $1.25 per spin, for $500 per hour in action.
  • A game with a 94% payback percentage will see predicted losses of $30/hour.
  • A game with a 74% payback percentage, though, will see predicted losses of $130/hour.

If that difference doesn’t seem significant to you, what are you doing playing penny slots anyway?

4- Look for the Plainest, Most Boring Games with the Fewest Paylines

Generally, the slot machines with lots of paylines have lower payout percentages. They’re able to compensate for this psychologically by having a high hit frequency. With 25 paylines, you might win something on almost every spin, even if it’s an amount lower than the amount you wagered in total.

For example, you might be playing a penny game with a max bet of 5 coins and 25 paylines. You’re betting $1.25 every time you spin the reels. Many times, 1 or 2 paylines might win, but the payout on those bets might only be 50 cents. That’s a lot compared to the nickel you bet on that individual payline, but you bet on 25 paylines, remember?

The human brain gets just as much of an endorphin rush from a “win” like that as it does a profitable win of more than your wager. The brain chemistry can’t tell the difference. That’s why it’s up to you make smart decisions about which games you play. If you can, find an old-fashioned looking slot machine with a single payline right down the middle. It should look mechanical, even though it’s powered by the same random number generator computer program as the other slot machines in the casino.

Since such games have no bonus features or bells and whistles, the casino can afford to have them pay out more than the big fancy games. I had a lot of fun on The Big Lebowski slot machines recently, but I can’t even imagine what such a big impressive game like that must cost a casino. The cost of the machine alone must be outrageous.

Loose Slot Machines Nevada

5- Stick with the Flat Top Slot Machines

Slot machines can be broadly lumped into 2 different categories:

Used Slot Machines Nevada

  • Progressives
  • Flat tops

A flat top slot machine is a game with a jackpot (top prize) of a fixed amount. This amount is usually 1000 times the size of your bet, give or take.

A progressive, on the other hand, has a jackpot that grows bigger as you play. The casino is able to grow the size of the jackpot by taking a tiny percentage of each bet and applying it to the jackpot amount. That amount can be seen as coming directly off the payback percentage for the game. Even if that’s not exactly how it works, when you think of how a payback percentage works, it might as well work that way. You won’t get rich playing flat top machines, but you’ll lose less money on them in the long run.

For that matter, you probably won’t get rich playing progressive slots, either. The odds of winning the jackpot are just terrible, comparable to playing the lottery. Sure, some people win the lottery. But I can’t imagine playing a game with a house edge that large repeatedly, hundreds of times per hour.

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6- Play the Highest Denomination Game You Can Afford

You’d probably be surprised to know that penny slots are often as expensive to play (or even more expensive) than dollar slots. Here’s why:

Most penny slots require you to wager 5 credits or more per spin. It’s also hard to resist betting on multiple paylines. It’s easy to find a game with 5 coin bets on each line and with 25 paylines. Before you know it, you’re betting $1.25 on every spin.

But you could switch to a dollar slot machine and probably do a lot better. For one thing, you could just bet a dollar per spin on a single payline. Now you’re betting less per spin than you were on the quarter machine. But what’s really impressive is the difference in payback percentage.

According to The American Casino Guide, the average payback percentage for penny slots on The Strip in Las Vegas is 88.49%. On the other hand, dollar slots on The Strip average 92.63%. That’s a difference of roughly 4%, but what’s the difference in your bottom line?

Suppose you play 600 spins per hour on that penny machine. You’re putting $750 in action each hour–$1.25 per spin multiplied by the 600 spins per hour. With an 88.49% payback percentage, in the long run, you’ll average $663.68 back per hour. That’s an average loss per hour of $86.33.

No play those same 600 spins on a dollar machine, betting only a dollar on each spin. That’s $600 in action multiplied by 92.63% to get an average payback amount of $44.22. You’ll lose HALF the money on the dollar slot as you would the penny slot! That’s a significant difference, and one you should take note of.

Just be careful and read the pay tables. Slot machines vary a lot from one machine to another, and you should always play enough coins to activate the biggest jackpot. If the ratios change based on playing for fewer coins, you want to avoid that game or bet max coin. You might be surprised at how many slot machines DON’T require you to place a max coin bet, too, though.

7- Try Online Slot Machines

Since online casinos don’t have all the brick and mortar expenses of land-based casinos, their games sometimes offer higher payback percentages. You must balance this with the trustworthiness of the casino, though. Some internet casinos are notoriously hard to cash out of.

Of course, if you stick with the casinos recommended on this site, you probably won’t have to worry about that. Our team of casino reviewers and researchers has thoroughly vetted the properties we list here on our site.

And if you take how competitive they are as a measure for how loose their games must be to attract customers, you’ll find that the casinos on the web are even more competitive than the casinos in Las Vegas.

8- Track Your Results and Make Some Assumptions

I recently visited a casino and tracked my results carefully on a machine. Of course, there’s nothing especially scientific about 200 spins on a machine, but you’re still operating from more data than most players if you do this.

It’s not hard to project a payback percentage, either. Start by writing down how much money you put in the machine. Then count how many spins you make on that machine. When you cash out of the machine, take a note of how much you’ve lost. You multiply the number of spins you made by how much you were betting per spin. You divide the total amount of money you lost by how many spins you made. Then you know the average loss per spin and can convert it into a payback percentage.

In my case, I was betting $1.25 per spin, so I put $250 in to action over 200 spins. I lost $50, which amounts to 25 cents per spin. 25 cents divided by $1.25 is 20%, which is the house edge. The payback percentage is the amount you get to keep—in this case, 80%. (You just subtract it from 100%.) Your goal is to find a payback percentage that’s better than average. Tracking your results this way also makes playing slot machines more interesting, because you have something to pay attention to.

Loose Slot Machines NevadaThere’s no scientific way to find the slot machines with the best payback percentage—the loosest slot machines. We have some ideas that are something more than guesswork, but they’re also a far cry from anything scientific.You can follow every piece of advice in this post and still lose more money at slot machines than you ever thought possible. My suggestion is to keep a careful budget for your gambling, and only play with money you can afford to lose.

Gambling at a casino—especially on slot machines—should be considered an entertainment expense. Budget for it accordingly, and if you occasionally win, great. But don’t count on it.

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When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.

The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.

What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).

Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.

Finding the Loosest Slots in Las Vegas

It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.

What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.

Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.

All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.

For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.

But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.

Best Slots to Play in Las Vegas

Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.1

What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.

The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.

The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.

Casinos with the Most Slots in Las Vegas

The Orleans Hotel and Casino

The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.2

The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.

MGM Grand Las Vegas

The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.

The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.3

Sam’s Town Hotel and Gambling Hall

Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.4

Casino Slot Winnings Subject to 30% Withholding Tax

Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.

In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.

There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.

To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.

RMS, the Easiest Way to Get Your 30% Withholding Tax Back

If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.

Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.

Only RMS has the One Simple StepTM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.

Wild And Loose Slot Machine

Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].

Sources:

Nevada Slot Machines For Sale

1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.