Best Las Vegas Slot Odds
The Math of Casino Slot Machines. For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. Table 2 shows the best Las Vegas Casino for Craps. Roll the dice for high stakes at the D Las Vegas, Cromwell, or Wynn Las Vegas. Leave the Vegas Strip for low stake games at Joker’s Wild ($1) or Arizona Charlie’s in Boulder ($2). If you prefer the best odds betting, choose the Cromwell with its 100x odds. THE TOP ROULETTE TABLES.
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
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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.
Slot games have been a popular form of gambling since the mid-nineteenth century. These games are also called video slot games. In the United States, the slot machines in Las Vegas are operated with pay-per-play money. The machines are enclosed in cases, called “arcades,” which have transparent panels displaying the symbols that are meant to be spinners. Each player pays a fixed fee, and in some casinos, machines may be interconnected so that when a player wins a jackpot, all players win the pot.
There are many different types of slot games, but they all operate on the same basic principles. A slot machine, referred to differently by different names, fruit machines, slots, poker machines, pokers or bonus rounds, is simply a gambling machine that produces a game of luck for its users. To make a slot game a fun and exciting game, players must choose machine options that have a high payout percentage and a set of symbols that are randomly selected. Most slot games also offer a series of bonus rounds and may offer additional free spins. Some bonus rounds may require players to use specific coins or credit their winning account with a specific amount of money.
For gamblers, playing slots on the Internet has a number of advantages. Online casinos allow players to play slot games from the comfort of their home or office and allows them to adjust the odds of winning based on how much money they have to spend. When players are able to adjust the odds of winning, they can increase their chances of winning significantly.
One way that players can increase their chances of winning slots online is to find casino promotions that offer the best payoff percentages. Bonus rounds and certain types of bonus games are more likely to pay out than other slot games. When players have these opportunities to cash in their winnings, they become more likely to play more of these games. Additionally, some casinos offer bonuses based on the amount of bids that a player places in an online slot games. These bonuses are almost sure fire money makers, so casinos that offer incentives for players to play their slot games often find that these players will play more of these games. Check out No minimum deposit and withdrawal slots (สล็อตฝากถอนไม่มีขั้นต่ํา) on our website to know more about them. There are no limitations for now!!
Players can maximize their potential return on investment by finding casino promotions that offer bigger payouts than traditional slot machines. Some of the biggest payouts can be found in progressive slot machines. The smaller jackpots in these machines tend to be smaller, but payout much larger than their larger counterparts. This means that players can get a better bang for their buck if they play multiple types of progressive slot games.
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Some online slot sites offer higher payouts in “progressive slot” games depending on the type of machine. The higher payouts in these types of slots are not always directly related to the payouts in traditional slot machines. Sometimes a bonus may be offered that offers a much higher payout than usual in a certain game. Again, this is not always related to the size of the payout.
In some cases, it may be necessary to increase one’s chances of hitting it big by playing more games. Although this is not directly related to the odds of winning, the number of games played is tied to how successful a player is at increasing his or her chances of hitting a jackpot. For this reason, some online slots have a system by which a player can earn bonus points and then use these bonus points to purchase additional spins of a particular machine. As with real casino games, there are certain strategies that can be used to increase the odds of hitting more jackpots.
How To Win Big In Vegas
Slots offer a unique form of entertainment because the reels are colorful, entertaining, and include sound effects that make them seem like they are really “playing.” While this can add to the appeal of slots games, it is important to be aware of the odds before betting. In addition to bonus and reels, many casinos feature graphics of animals, icons, letters, and numbers. Paylines, bonus symbols, and color schemes can be confusing for beginners, and some players may want to wait until they have become accustomed to the various symbols and icons before selecting a machine that includes these features.