Best Slot Odds On The Strip
Reviews on Loose Slots in Las Vegas, NV - The Cosmopolitan of Las Vegas, Circa Resort & Casino, Sam's Town Hotel & Gambling Hall, Jackpot Joanie's, South Point Hotel, Casino & Spa, The Venetian Las Vegas, M Resort Spa Casino, Golden Nugget, El Cortez Hotel & Casino, Ellis Island Hotel, Casino & Brewery. Casino slot machines typically have the highest payouts at 95%. This means that for every dollar you put in, the machine is programmed to give back 95% of it at some point. Other gambling locations such as airports, bars, grocery stores, and service stations typically stock machines that have a 50% to 75% payout. Answer 1 of 23: I have been to Vegas 5 or so times and know that the odds on the strip arent great. Just wondering where i should spend my $ to earn pts (total reward Platinum or Mlife) and have the best odds for winning some. Staying at Mandalay Bay, Flamingo.
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?
- The Boulder Strip and North Las Vegas casinos have the best odds. The bigger separation between the Wizard's slots-only survey and reported returns for the Strip vs. Downtown is probably because the strip has a higher mix of slots and downtown has a higher mix of video poker (which tends to pay better than slots).
- 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.
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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
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 machines have an extensive history at having success stories, with everybody that visits Las Vegas trying their luck on at least one slot machine. However, is it as easy as just finding a slot machine that is centrally located and staying there for the whole day? Or, are there certain slot machines that have better odds that all visitors must look to play?
Slot Machines On The Strip
When you visit Las Vegas, you instantly feel drawn to spending your time on the strip. After all, that’s the main reason for visiting the city, as you want to be in and amongst the brightest lights and the biggest casinos. There have been a number of huge wins that have been well documented at some of the biggest casinos in Las Vegas.
California Hotel and Casino
Best Slot Odds On Vegas Strip
Slot machine: The ‘Mega Jackpot’ machine at California Hotel and Casino.
Everybody loves a success story, and there haven’t been many more exciting than Jessica Agbunag’s first trip to Sin City. The story had everything. Agbunag was visiting Vegas in honour of her grandmother, who was a constant visitor to the city and loved unwinding by playing slots. In honour of her grandmother, she decided to embrace the world of slots during her trip, and it reaped immediate returns. She won a number of small returns playing Wheel of Fortune before she struck gold at the California Hotel and Casino. Here, she was playing a mega-jackpot machine and managed to win $2.4 million.
Excalibur
Slot machine: Anonymous by request.
A 25-year-old changed his life forever when visiting Las Vegas to support his basketball team. He arrived at the strip with a couple of hours to kill before having to make his way to the game. So, in true Vegas fashion, he decided to settle down and play on a couple of slots games. The Los Angeles-born player spent over $100 in Excalibur before the most incredible thing happened- jackpot signs. The win remains one of the biggest in Vegas history, as he took home $39,713,982. He decided against going public with his win, and also asked for the casino to transfer him $1.5 million every year instead of receiving the full payout in one go.
Palace Station
Slot machine: Megabucks slot machine
What’s better than winning a life-changing amount of money once? Well, winning it twice of course. That was the case for a 60-year-old woman who played on the Wheel of Fortune machine at Palace Station. She won $680,000 on her first win, before returning to play the slots titles in the same casino again and again. It was reported that she spent her fortune into playing casino games, but she reaped the rewards once again later in life when she won more than $27 million playing on the Megabucks slot in the same casino.
Should You Play Off The Strip?
The majority of people that live in Nevada typically gamble away from the strip. This isn’t saying that there is an increased chance of success away from the bright lights, but there certainly could be method in the madness. One user on Quora, who is a local, claimed that the best advice for those looking for a win is to bet away from the strip.
She claimed that he has won over $20,000 throughout her gambling career, and her tips for success include betting away from the strip. As well as that, she claimed that you should always bet the maximum bet that is allowed and should opt to play the newer machines rather than the older ones. She also claimed that casinos on Boulder Highway are where she has gained most of her returns on slots titles.
Best Slot Odds On The Strips
Online Vegas Slots
Of course, not all of us will be able to fly over to Las Vegas to play some of the lucrative casino slot games that are available. However, the advancements in technology means that you will be able to play on some of the most popular slots on Vegas sites such as Caesars and MGM. Caesars is one of the most popular online casinos for those looking to feel as though they are in Vegas, and there are a wide range of classic and progressive slot games available.
Among the most popular and potentially lucrative titles that you will be able to play are Megaways, 88Fortunes and Smokin’ Hot Gems. MGM also offers a number of the most exciting slots, and there are a varied mixture of titles available. Some of the most popular that you will be able to play on this site include Ozzy Osbourne Video Slots, Divine Fortune and Melon Madness Deluxe.
The evolution of online slots means that you are now able to get the Vegas experience that you dream of but online in the comfort of your own home. However, it’s fair to say that nothing will come close to being in Las Vegas in person.