What Is The Best Slot Machine To Play In Vegas
Megabucks offers some of the best slots in Vegas with the highest winnings. In 2014, a man playing a Megabucks slot machine in Rampart Casino hit a $14 million jackpot after playing for five minutes on a $20 bill when the slot paid off. This payout is not the only one from a Megabucks machine. Where to Play the Best Las Vegas Slot Machines This article wouldn’t be complete without an overview of which Las Vegas casinos are best for slots players. There’s no doubt that you’ll have plenty of choice in Las Vegas, but you’ll find that these casinos offer the best slots in town. Vegas slots are Class 3 slots and are proper slot machine games. Class 2 slots are actually pre-programmed bingo games which present a slot face for entertainment purposes. Class 3 slots are usually illegal in the jurisdictions that have these slots bingo games, so game manufacturers and casinos combined their forces to come up with this. Las Vegas and gambling are almost synonymous, and for the beginner gambler, that first trip to a casino can be a little bit intimidating. Slot machines, as it turns out, are slightly more complicated than putting in a coin and either winning or losing. Nothing about slot machine gambling is actually difficult.
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%.
What Is The Best Slot Machine To Play In Vegas Now
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.
Best Slot Machine Odds
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.
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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.
Charles Fey invented the first slot machine in the late 1800s. but don't blame him - Bugsy Siegel started the craze when he furnished his Flamingo Hilton hotel with slots back in the late 1940s as enterainment for the wives and girlfriends of his high-rolling friends. The rest is history. America can't seem to build slot palaces fast enough!
Slot machines have a universal appeal because, unlike other casino games, you can play them at your own pace and they don't require any skills. They are the least understood of all the gambling options. In most other games, the odds are quantifiable, which means you can determine the odds by applying some math on the disclosed rules. But, aside from specified minimums set by law, the player has almost no idea what the payoff of the slot machine, and which slots they can choice. The minimum return percentages are vary from stats to stats in American, the minimum payout are set at 75% in Nevada and 83% in Atlantic.
Here's some tips before you decide Which Slots to Play
1. Remember that Slots cost money. They are a fun source of entertainment but anything that costs money is serious. So treat Slots games seriously and spend your money responsibly. Some Money Management Strategies here...
2. Always bet the max number of paylines. Your best bet at winning is to win the jackpot, and the only way to get the jackpot is to always bet the max number of paylines.
3. Keep an eye out for special situations. Super high jackpots or Slots that haven't paid out in a long time.
4. Look for Slot machines that offer high bonuses, bonus rounds. Read more detail about The Bonus Multiplier
5. Look for Casinos that offer 1st time customer bonuses, giveaways and comps.
6. The flashiest Slot machines aren't always the best to play. Read the Paytable, check the payout percentage. We have more Slots Tips, Basic and Advanced Strategies you can find out.
7. Contrary to the myth, Casinos don't put 'Loose' slot machines in certain areas and tight slot games in other areas. When you enter a casino look around and figure out which machines are loose and which a tight. You can read this for understanding of how Odds works in Slot Machine.
8. Don't be afraid to talk to the Hosts, at a casino. They are there to do things for YOU. Ask them for comps, ask them for freebies. It can't hurt.
9. Playing slots with friends is always better than by yourself. What's even better is playing a single slot machine with a group of friends. All you have to do is agree to share the jackpot and you can all drastically increase your chances of winning a lot of money.
10. Enjoy yourself. Slots are entertainment. Don't get too caught up in winning. Always remember that the more fun you're having at slots the less money you'll spend and the more satisfied you'll feel.