- Las Vegas Slot Machines Payouts
- Best Casino Slot Machine Odds
- Las Vegas Airport Slot Machine Odds
- Las Vegas Airport Slot Machine Odds Calculator
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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Slot Machine Odds in Las Vegas Introduction. The following table ranks the Las Vegas casinos according to the looseness of their video display reeled nickel slot machines. The returns are based on a sampling of five different types of machines. Free online blackjack games no download multiplayer. The data collected goes back as far as October 2001 so the information is a bit dated. The casino nearest to offering the loosest slots in Las Vegas is Palms resort, which has an average game payout percentage of about 94%. Lower payout slot machines also have distinct locations on the casino floor. Some of those include the leading slot machine on the floor, those near the table games, and close to the poker room.
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
Slot Machine Odds in Las Vegas Introduction. The following table ranks the Las Vegas casinos according to the looseness of their video display reeled nickel slot machines. The returns are based on a sampling of five different types of machines. Free online blackjack games no download multiplayer. The data collected goes back as far as October 2001 so the information is a bit dated. The casino nearest to offering the loosest slots in Las Vegas is Palms resort, which has an average game payout percentage of about 94%. Lower payout slot machines also have distinct locations on the casino floor. Some of those include the leading slot machine on the floor, those near the table games, and close to the poker room.
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.
I'll never forget my first trip to Las Vegas. When I walked off the ramp into the airport and heard the musical, electronic sound of slot machines, a huge smile crept over my face. I'd never been greeted with that sound at an airport before. Walking through the airport from my gate to baggage claim, I passed clusters of slot machines here and there and found myself in awe. This has to be the most fun airport ever! I thought. I've pretty much had that same reaction every trip since. There's nothing that says 'Welcome to Las Vegas' quite like the sight and sound of slot machines.
I'm usually in too much of a hurry to get to my hotel when I land to think about lingering in the airport to play them, but on my trip home, it's a whole other story. I mean, really, picture your typical airport experience. You get to the airport early, as is recommended, and by some miracle, you zip through security quickly. You still have an hour and 45 minutes until your flight. Now what? Read the book you brought with you? But if you read it now, what will you read on the plane?
So you wander through your terminal—slowly—in and out of each shop that's trying to sell you last-minute souvenirs, snacks, books and magazines. That takes about 15 minutes. Now what? Maybe grab a meal at one of the restaurants, assuming you haven't already eaten. But at McCarran International Airport, you can extend your Vegas vacation right up until the minute you board your plane by playing the slot machines.
I'll bet you have some questions about gambling at the airport. I know I did. So let's tackle the big ones, shall we?
Airport Slot Machines
Where can I find slot machines at McCarran International Airport?
There are approximately 1,300 slot machines at McCarran, in baggage claim, the shopping areas, in terminals near gates—even in the car rental center. Trust me, you can't miss them.
Has anyone ever actually won playing slots at the airport?
Shockingly, yes. According to Chris Jones, Acting Manager of Public Affairs and Marketing at McCarran, two players at McCarran won $392,000 and $259,000 respectively within four days of each other in May 2008. One lucky traveler won $3.9 million at a progressive Wheel of Fortune machine in January 2005. I've also seen many reports on TripAdvisor's Vegas forum from people who won enough money at the airport to make them happy. Personally, I've never won anything on the machines at the airport. Then again, I don't usually win in the casinos, either.
Does that mean the slots are looser at the airport?
Er, no. Conventional wisdom has long held that you should avoid playing slots at the airport because the payout is lower than average. (Although given how tight the machines have become on the Strip in recent years, I don't see much of a difference any more.) As with playing all slot machines, you should be prepared to lose, because you probably will. Gambling should be a form of entertainment, like going to the movies. It's just a fun way to kill time. . .with a (very) slight chance of winning back some of your money.
Las Vegas Slot Machines Payouts
How do I get paid if I win or want to cash out?
As is the standard with most casinos these days, the slot machines at McCarran Airport feature TITO (or Ticket In, Ticket Out), meaning when you cash out, you get a ticket. There are no bill breaker machines here to exchange your ticket for cash, so you'll have to look for the uniformed attendant to make the exchange. There is one stationed at or near all slot locations.
Do I have to fill out an IRS form if I win over $1,000, like at the casinos?
Sadly, yes. Uncle Sam always wants his cut.
How long does it take to get paid? Will I miss my flight?
Best Casino Slot Machine Odds
This probably depends on how close you're cutting your play to when your flight boards. There are ticket attendants on hand to pay you your winnings. If you win a couple of hundred bucks, they can probably pay you quickly with the money they have on hand. But if you win a big jackpot—say a couple hundred thousand or a million—they won't have that money on hand. So it will take longer to get paid, and yes, you may miss your flight. But if you won that much money, really, would you care???
Las Vegas Airport Slot Machine Odds
How do you feel about playing the slots at McCarran? Would you do it to entertain yourself while waiting for your flight, or do you think it's a sucker's bet? Have you ever played there–and won?
Las Vegas Airport Slot Machine Odds Calculator
