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What Slot Machines Have The Best Odds Of Winning

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The best deal for players, if you can afford it, was the casino's $10 slot machines, which kept a minuscule 1.77 percent of the money put into them, returning 99.23 percent to those spending their. As I already said, to play for real money, it is better to choose slots with a payout percentage of at least 95% because they are slot machines with the best odds of winning. Our experts conducted an independent study the most popular slots software developers and identified 14 best slots software developers with an average payout of slot. Slot machines with the best odds of winning. What you are looking for is a percentage figure known as the RTP, or return to player. The higher the percentage figure, the better the return. For example, slot machine odds of 97% indicate that, in theory at least, you will get back $97 for every $100 you spend. Of course, you would need to sit at. Feb 19, 2015 The slot machine above would return 97.5% to players in the long run. However, we rarely know the odds of slot machines. We do know the paytable – how much each winning combination pays to players – but we have no idea of the probability of getting that winning combination.

  • Appendices
  • Slots Analysis
  • Miscellaneous

Introduction

What Slot Machines Have The Best Odds Of Winning Casino

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. The data collected goes back as far as October 2001 so the information is a bit dated.

Las Vegas 5 Cent Slot Survey

RankCasinoAverage
Return
1Palms93.42%
2Gold Coast92.84%
3Sahara92.81%
4 (tie)Bourbon Street92.63%
4 (tie)Imperial Palace92.63%
4 (tie)Slots a Fun92.63%
7Key Largo92.60%
8Western92.57%
9Ellis Island92.56%
10El Cortez92.56%
11Orleans92.56%
12Circus Circus92.56%
13Gold Spike92.55%
14Fitzgeralds92.54%
15Fiesta - Rancho92.53%
16Arizona Charlie's East92.51%
17Barbary Coast92.50%
18Terrible's92.49%
19Arizona Charlie's92.49%
20Hard Rock92.47%
21Town Hall92.47%
22Longhorn92.47%
23Riviera92.23%
24California92.14%
25Lady Luck92.10%
26Nevada Palace92.06%
27Plaza91.94%
28Luxor91.92%
29Paris91.92%
30San Remo91.88%
31Excalibur91.84%
32Palace Station91.84%
33Ballys91.82%
34Las Vegas Club91.76%
35Four Queens91.75%
36Texas Station91.71%
37Casino Royale91.67%
38Boulder Station91.55%
39Aladdin91.5%
40O'sheas91.48%
41Hilton91.40%
42Boardwalk91.28%
43New York New York90.99%
44Horseshoe90.96%
45Sam's Town90.89%
46Santa Fe Station90.87%
47Flamingo90.86%
48Golden Nugget90.85%
49Stratosphere90.8%
50Tropicana90.71%
51Golden Gate90.64%
52Silverton90.57%
53Main Street Station90.56%
54Westward Ho90.40%
55Fremont90.37%
56Castaways90.36%
57Monte Carlo90.24%
58Stardust89.97%
59Frontier89.91%
60MGM Grand89.81%
61Harrahs89.32%
62Treasure Island89.32%
63Mirage89.3%
64Caesars Palace89.05%
65Mandalay Bay88.87%
66Rio88.72%
67La Bayou88.26%
68Mermaids88.26%
69Bellagio87.42%
70Venetian86.66%
71Airport85.02%

Excluded Casinos

The Suncoast and Rampart Casino in Summerlin do not allow playing slots and taking notes at the same time. I can not include any casino that prohibits the method in which I gather data.

Location Averages

The next table shows the average return by location.

Returns by Region

LocationAverage
Return
Off strip92.07%
Downtown91.66%
Strip91.47%
Total91.74%

The above sign can be found across the street from the Palms. Although I did the study Anthony Curtis published it in the LasVegas Advisor, which is how it become well known. The'...' in the sign encompases quite a bit of information,which was conveniently left off the sign. Actually the study only says that the Palms had the lowest nickel video slotsof the casinos surveyed in Las Vegas. The small print at thebottom says, 'Independent study conducted between November2001-February 2002 on Austin Powers, Fortune Cookie, Reel'em In, and Wheel of Fortune games. They left off LeopardSpots, and the study began in October.

Observations

There seemed to be no truth behind slot placement myths. Machines on the end of a bank did no better on average than those in the middle. There was also no correlation between return and proximity to such things as the main door, table game pit, high traffic areas, and low traffic areas.

Most casinos were very consistent in their slot returns.If one nickel machine had a return of x% then all others like it also returned x%. However some casinos did mix up loose and tight machines, most notably Treasure Island and the California casinos.

Methodology

A kind and anonymous source provided me with par sheets for the games in question. The EPROM (Erasable Programmable Read Only Memory) chip is what tells the machine the order of the symbols on the reel, in some cases how the stops are weighted, how much each winning combination pays, and any other pertinent information about how much the machine pays.It is up to the slot manager to select which EPROM chip to order according to the return percentage desired. On atypical game there might be about 8 different possible return percentages, ranging from about 85% to 98%.

Each of the different par sheets has five sets of distinct reels. On video display slots the stops are not weighted; in other words all stops are equally likely. The distribution of each symbol on each reel is what determines the theoretical return of the machine. For example a higher paying machine may have more of the higher paying symbols.

On the machine itself three consecutive symbols arevisible on five different reels. By comparing actualobservations of results to the par sheets it is possible todetermine which reels the machine uses, and thus which par sheet and which return. There are various three-symbol combinations that appear in at least one but not all par sheets. So if one of these combinations occurs on an actualmachine it narrows down the possible par sheets. By playingenough the player can narrow down the possible par sheets tojust one.

To help identify the unique combinations I wrote a computer program for each game, which had the exact reel order of all 5 reels of all the par sheets. The program then counted the number of par sheets with each possible three-symbol combination. If the number was greater than 0 and less than the maximum then that combination was identified along with the associated par sheets it belonged to.

It is then a matter of simply playing the game and comparing the outcomes to the list of partially unique combinations. It only takes about 5-10 plays per machine to narrow down the possibilities to just one par sheet.

The averages in the table are actually an average of averages. For each kind of machine at each casino I took an average return. Then I took the average of these averages over the five kinds of machines I tested for.

Slot Machine Definition

There is some confusion about what constitutes a 'slot machine' or 'slot.' My definition, and that of most gamblers, is a gambling machine with either actual spinning reels or video representations of the them.

People in the gaming business and regulators generally refer to a slot machine as any gambling machine, including reeled slots, video poker, video keno, video blackjack,etc.. For purposes of statistics both casino managers and regulators combine all the electronic gambling machines together. For example, the Slot Chart in Casino Player magazine and reports by the Nevada Gaming Control Board do not isolate just reeled slots but consider all electronic games a 'slot.' Therefore my return percentages should not be expected to agree with those reported by the casinos or regulators. As far as I know mine is the only source to isolate just the return of reeled slots.

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Acknowledgements

I would like to thank Rob Feldheim for helping with the slot play and record keeping. Rob helped me with most of the casinos on the east side of town and part of downtown. I would also like to thank par Sheet Pete (not his real name)for providing the par sheets, without which this project would not have been possible.

Internal Links

Go to slot machine appendix3B (Jean/Primm slot returns).
Go to slot machine appendix 3D(Henderson slot returns).
Go to slot machine appendix 3E(Las Vegas quarter and dollar slot returns).
Go to slot machine appendix 3F(Montreal slot return).
Go back to slot machines.

External Links

The main-stream media has covered this study in depth. Here are links to some articles.

  • Turning'em loose, an article that appeared in the Las VegasReview Journal on May 19, 2002, about the possible effectsof this study.
  • One-Armed Bandit or Robin Hood?, an article by myself for Contingencies Magazine explaining the methodology, results, and weaknesses of the study.
  • Play by the rules and the one-armed bandits will still win. Boston Globe article about slot machines, in which my Las Vegas survey is mentioned and my advice quoted. (cache)

Written by: Michael Shackleford

When Connecticut's two casinos opened in the early 90s, they did so by reaching an agreement with the State of Connecticut to pay the state 25 percent of their monthly slot revenues.

Best Odds Slot Machines Casinos

As a result, both Mohegan Sun and Foxwoods must report their total slot earnings to the state each month. In December 2010, Foxwoods earned $45 million on its slot machines, an increase of 1.2 percent over December 2009.

What Slot Machines Have The Best Odds Of Winning

Mohegan Sun took in $53.5 million dollars in December slot revenue. That's a 6 percent decline over December 2009, according to The Day of New London.

In reporting its numbers, Mohegan Sun actually revealed some interesting information some gamblers might want to pay attention to.

Overall in December, $673,412,991 went through Mohegan's slot machines. It's a staggering number, referred to as the handle, by casinos. But Mohegan Sun only kept 7.94 percent of that total amount. That means more than 92 percent went back to gamblers.

What may be even more valuable information to the millions of people who drop dollars into those ringing, buzzing and screeching machines is that Mohegan Sun also breaks down which machines actually give gamblers the best odds at winning.

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The casino has 6,404 slot machines scattered throughout it's sprawling gaming floors, and as most gamblers know, you can toss your money into those machines in many different denominations. But what the casino's December numbers show is that some of the 'cheapest' slot machines, actually have the worst odds for patrons.

Local

What

For example, Mohegan Sun kept 11 percent of all of the money that went into its penny slot machines, with 89 percent returned to the players. That must be why the casino has more penny slots, 2,532 machines, than any other type. Not surprisingly, the majority of Mohegan Sun's slot revenue comes from these penny slots. Nickel slot machines took 12 percent, and give back 88 percent in December.

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On the other side of the scale, the casino's $2 slots kept just 2.03 percent of the money that went in, giving back just under 98 percent to gamblers. The best deal for players, if you can afford it, was the casino's $10 slot machines, which kept a minuscule 1.77 percent of the money put into them, returning 99.23 percent to those spending their hard-earned cash.

In the middle were the casino's quarter slots, which returned more than 91 percent of the money put in back to patrons, and the $1 machines gave back more than 93 percent to gamblers.

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But for those who want to play those machines, their best bet may be to play Mohegan Sun's multi-denomination slots. Those are machines on which a player can choose to bet in different amounts. In December, they returned 95 percent of the money that went into them. So gamblers had better odds dumping quarters into a multi-denomination machine, than playing those same coins on the quarter slots.