Best Slot Payouts In Las Vegas

Posted : admin On 4/1/2022

Las Vegas is home to 160,000+ slot machines. People who don’t gamble or visit Vegas much don’t realize how much variety exists among these tens of thousands of games. Thanks to strict regulatory work, we know that the return to player percentage of Vegas slots ranges from 78% to almost 99%. Whether you’re an advantage gambler or not, you should recognize that some Vegas slot machines are designed to take more of your money and at a faster pace than others. In the industry, this is referred to as a machine’s “tightness” or “looseness.”

Once again, a Megabucks slot machine hits big and this time it was at the Aria Resort and Casino, which has over 150,000 square feet of gaming space and nearly 2,000 slot machines. In 2011 a woman was in Las Vegas to celebrate the birthday of her niece when she decided, by chance, to plunk down $6 on a slots game and when it went crazy she. The loosest slots in Vegas in 2021 (and probably 2022) are at off-Strip casinos and casinos in North Las Vegas, at places like Fiesta Henderson or Sam’s Town near the Boulder Strip. Some slots at these off-Strip spots in Las Vegas are similar in theoretical return percentage to the more traditionally player-friendly slot games in Reno, some.

The loosest slots in Vegas in 2021 (and probably 2022) are at off-Strip casinos and casinos in North Las Vegas, at places like Fiesta Henderson or Sam’s Town near the Boulder Strip. Some slots at these off-Strip spots in Las Vegas are similar in theoretical return percentage to the more traditionally player-friendly slot games in Reno, some are even better than the average Reno machine.

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In this post, I’ll prove everything I just said with specific statistics, showing you how to find the loosest slots in Las Vegas in 2021. And let’s be honest, this information isn’t likely to change much in 2022, either.

What Are Loose Slots (In Vegas or Anywhere Else)?

A slot is loose if its theoretical return to player is high relative to other machines. RTP is measured as a theoretical percentage representing how much of a player’s money will be paid back out in winnings. The RTP tells you how much you stand to lose over a given period of time.

Loose slots have higher percentages.

Tight slots have lower percentages.

Loose vs. Tight Slots in Vegas Example

Let’s look an example:

50 Lions slot machines by Aristocrat are popular on Vegas casino floors. This is a 5-reel and 3-row video slot with all the modern features players like, with bonuses, wild symbols, a scatter symbol, but nothing too much in terms of video cut scenes or complex side bets or bonus games. It’s accessible to a huge number of players and that’s why you can find it on lots of different gaming floors.

The standard issue game of 50 Lions has an RTP of 94.71%.

That doesn’t mean that every version you find in Vegas has that same RTP – casinos are allowed to alter games to change the theoretical return percentage. This is done mainly by changing the pay tables in subtle ways or by actually changing the programming of the game itself.

This means that playing 50 Lions slots at the Peppermill Reno will be a totally different experience than playing at The Venetian on the Vegas Strip.

In fact, there could be as much as a 10% difference between that game at The Venetian and the game at the Peppermill.

Does RTP Really Affect a Slot Machine’s Play?

I think this question really means “Will I notice any difference between two games with different RTPs?”

Maybe, maybe not.

You have to take RTP numbers with a Vegas-sized grain of salt. That’s because these numbers only become true when you consider them over an infinite period of time. In the short-term, you will not see exactly 97% of your money paid back when you play a slot with a 97% RTP for an hour or two. In fact, the shorter amount of time you play, the less a game is like its posted RTP figure.

That’s because these numbers are calculated for an infinite bankroll used for an infinite amount of time.

But don’t ignore RTP.

It’s the best (meaning the most scientific) way we have of quantifying a slot’s relative return to the player. We also like it because in most places where gambling is legal, operators are required to report RTP figures for all their games. This is true in Las Vegas and the rest of Nevada’s gambling areas.

Where Are the Loosest Slots in Las Vegas in 2021 and 2022?

Okay, now that you’re an expert on the meaning of RTP in slot play, let’s help you zero in on the slots with the best RTP figures in the entire city of Las Vegas.

For starters, it’s important to know the average RTP figures for various slot game denominations on the Strip. Here’s a quick guide to the most common:

  • $0.01 Slot Machines – 88.38%
  • $0.05 Slot Machines – 91.64%
  • $0.25 Slot Machines – 89.35%
  • $1 Slot Machines – 92.43%

If you’re looking for loose Vegas slots on the Strip in 2021 and 2022, head for either the nickel slots or the more expensive $1 games, mostly found in the high limit area.

Let’s compare those figures to the same ones for North Las Vegas:

  • $0.01 Slot Machines – 90.88%
  • $0.05 Slot Machines – 95.29%
  • $0.25 Slot Machines – 96.41%
  • $1 Slot Machines – 95.39%

Obviously, every denomination offers a better RTP in North Vegas than their companion machines on the Strip. Will players notice the difference on penny slots?

Maybe not, but the higher the denomination of the machine, the more likely it is that you’ll be able to tell that you’re playing on a machine with a better theoretical return percentage.

The final set of numbers shows the theoretical return for games on the Boulder Strip:

  • $0.01 Slot Machines – 90.38%
  • $0.05 Slot Machines – 96.21%
  • $0.25 Slot Machines – 96.13%
  • $1 Slot Machines – 96.13%

Notice that some denominations are technically higher in the Boulder area than in North Vegas, while others are the opposite.

It’s not clear to me that you’ll notice much difference in a typical session of slot play, but some bettors really like to play on the best possible machines they can.

Where Are the Tightest Slots in Las Vegas in 2021 and 2022?

As a fun exercise, and as a cautionary tale for advantage gamblers looking to avoid tight slots, let’s take a quick look at the casinos with the tightest slots in Sin City.

Take note that all five of these are located prominently on the Vegas Strip.

The Venetian currently holds the title of Tight Slot Champion, with an average RTP across all their slots of 86.66%. That’s lower than the average slot RTP for the city of Las Vegas, which is right at 93%. It’s even lower than the overall RTP average for the Strip, which is 91.47%. About the only place you can play slot machines with a lower RTP average than the Venetian is the airport, where the average return is just over 85%.

The Bellagio is an icon, a gorgeous symbol of Vegas excess and American wealth. It’s also home to some really bad slots, in terms of RTP – the average slot machine here has a RTP of 87.42%. Sure, you can play at 2,300 different machines, among the biggest variety in the world, but you’re paying a small price for that privilege.

You should visit Caesars Palace for the Bacchanal Buffet, the world-class resort and amenities, and its poker room, which is among the best in the world. You should not visit if you’re looking for slots with low RTP figures, since the average here is 88.87%.

Mandalay Bay and its gold-plated windows give off a heck of a Vegas vibe. The average slot RTP here is 89.05%, well below average even for a Strip property.

The Mirage is a new entry to this list, and offers a similar product to Mandalay Bay, down to the average RTP on their slot machines. In 2020, the Mirage tightened up even more, producing a slot RTP average of 89.3%, middling at best for the Vegas Strip, where the tightness of the slots is a well-known thing.

Conclusion

In my experience, two kinds of people are looking for “loose slots.”

You’re either an advantage gambler looking for the mythical 98.8% layout of 50 Lions so you can squeeze every penny out of the casino, or you’re a newcomer who thinks you can find a magical slot that will guarantee winnings. To the first kind of gambler, I say “Carry on.” Using the information in this post, and a little bit of time on Google, you can easily find out where the slots are loose and tight in Las Vegas in 2021. And 2022 looks to be much the same – it’s unlikely that looser slots are on the horizon as soon as next year.

If you’re the type who believes that they can find a slot machine so loose that it guarantees a payday, a word of warning. Slot machines are literally designed to take your money, and the manufacturers and gaming providers advertise this information publicly. Gambling is entertainment, with a fun and distracting game that gives you the chance to win a little bit of prize money. There’s no sure-thing in Las Vegas – not on the Strip, not in the North, and not in the airport gate.

If you want to find loose slots because it will increase the value of your entertainment budget, use the tools here to do just that. If you’re looking for loose slots as part of your retirement strategy, please understand that all gambling entails risk. Play for fun, not for profit.

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.

Vegas Casino Payout Percentages

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.

Best Slot Payouts In Las Vegas

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

Which Slots Pay The Most In 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

Payouts

Sam’s Town Hotel and Gambling Hall

Best Casino Slot Payouts In Las Vegas

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.

Best Slot Payouts In Las Vegas

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.

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

What Slot Machines Have The Best Payouts In Las Vegas

Sources:

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.