A slot machine is loose when it pays out a lot of money. It also needs to do this often to be considered loose. You’ll see some writers say that a loose slot machine is one with a high payback percentage, but that’s not enough to qualify as loose. Loosest Slot Games. When you’re searching for the loosest slots online, you might be looking for specific fruit machines which pay off at high rates. The only problem with this method of shopping is the payouts can be changed from time to time, so you might not always be getting the best bargain, if. ONLINE SLOTS + U.S. Most Popular Casino + $3,000 at BOVADA. News Headlines Barona Resort & Casino named 'Best Casino Outside Vegas' by USA Today November 2, 2019 - Barona Casino was named 'Best Casino Outside of Las Vegas' in the 2019 USA Today's.

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A slot machine is loose when it pays out a lot of money. It also needs to do this often to be considered loose. You’ll see some writers say that a loose slot machine is one with a high payback percentage, but that’s not enough to qualify as loose. It also needs to have low volatility.

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What’s the difference?

The payback percentage is a function of how much the prizes pay compared to how often they hit. I could create a slot machine that pays off only one prize every million spins and that pays off 1.2 million coins when it does.

That machine would provide the player with an edge, a payback percentage of over 100%, but it still wouldn’t be a “loose” machine. In fact, it would be one of the tightest machines in the casino, because it only hits on average once every million spins.

That’s what volatility means when you’re playing slots. The more often a game hits a winning combination, the less volatile the game is. Most slot machine games have a hit ratio of around 30% or so now, which means that you’ll see some kind of win about 1/3 of the time.

The size of the wins is small enough that the game still makes a profit for the casino.

Your goal should be to find the loosest slot machines you can.

The Best You Can Do Is Estimate

The math behind slot machines and other gambling games is based on long-term results, not short-term results. You can make some guesses about the settings for a game based on short-term results, but they’re not necessarily accurate.

Here’s one way you could measure the hit ratio for a slot machine game, though:

You could track how many spins you make, and also track how many of those spins resulted in a win. That would provide you with the actual hit ratio for that session.

For example, if you made 300 spins on a slot machine over the course of half an hour, and you saw 100 winning spins, you had a hit ratio of 33.3%.

If you only saw 50 winning spins, your hit ratio would only be 16.67%.

The game with the 33.3% hit ratio is probably “looser” than the game with the 16.67% hit ratio.

The Concept of Naked Pulls

Years ago I read a book about strategy when playing slot machines by John Patrick. It’s a terrible book, and I don’t recommend it.

But he did offer one concept that I thought was interesting:

The naked pulls concept.

A naked pull is one in which you get no winnings at all.

Patrick’s advice is to quit playing a slot machine once you’ve had a certain number of naked pulls in a row. I don’t remember if the number he suggested was 7 or 9, but it was something like that.

Here’s the thing, though:

A slot machine could have a hit ratio of 50% and still see 7 or 9 losing pulls in a row. It won’t happen often, but it will still happen several times a day just because of random variance.

Slot machines aren’t set on times or cycles. They have a random number generator which determines how often a winning symbol gets hit, but it doesn’t have a memory of what happened on previous spins.

Every spin of the reels on a slot machine is an independent event. This means that it isn’t affected by the previous spin.

Some of the time, if you walk away from a machine that has had several losing spins in a row, you’ll have avoided a tight machine.

Other times, you’ll just be walking away from a loose machine for no reason other than short-term variance.

What’s More Important? Hit Ratio or Payback Percentage?

Deciding which of these 2 factors is more important is more about your temperament as a gambler than anything else.

If you’re impatient and don’t want to lose a lot of money fast, you should look for a game that seems to have a high hit ratio. I’ve played slot machines in land-based casinos which hit 40% of the time while I was there. I didn’t walk away with a lot of winnings, because the sizes of the prizes were low.

But I didn’t lose a lot of money, either.

You could find a game with a hit ratio of only 20% that has a payback percentage that’s 5% higher than a similar machine with a 40% hit ratio.

You can’t really rank these 2 factors in importance, because they fall into a relatively narrow range.

Most slot machines have a hit ratio in the 20% to 35% range, and their payback percentages fall in the 75% to 95% range.

The payback percentage has the bigger range, but it’s impossible to calculate with any degree of statistical confidence.

How Would You Calculate a Payback Percentage for a Slot Machine Based on Your Actual Results?

The math behind calculating a payback percentage isn’t hard. You just calculate how much money you’ve wagered in a machine and how much you have left when you’re done. The amount you’ve lost is divided by the amount you’ve wagered to give you the actual payback percentage for that session.

I did this as an experiment not long ago. I played a slot machine for $1.25 per spin over the course of 400 spins. It’s easy to see how much I wagered in that scenario – it was $500.

When I finished playing, I had lost $100, which meant that I’d gotten $400 back in winnings from the game.

This means I lost 20% of what I wagered, which would be the game’s “hold.”

The payback percentage was 80%.

What does that say about how loose or tight the game is?

Not much.

When you’re calculating things like payback percentage and house edge, you’re calculating statistical events.

And if you’ve read much of what I’ve written about probability and gambling, you already know that in the short run, anything can happen.

If I’d finished that session with $600 and a net win of $100, I’d have seen a payback percentage of 120%, and I can promise you one thing:

That’s NOT the long-term expected payback percentage for that slot machine. Online poker in new york.

It can be a fun exercise to keep up with your actual payback percentage over time. If nothing else, it slows down the number of bets per hour you’re making, which will have the indirect effect of reducing your average hourly losses.

Some Tips for Finding Loose Slot Machines

The problem with offering tips for finding loose slot machines is that many of them are based on pure conjecture.

For years, everyone suggested that you play the slot machines closest to the walkways in the casino. The premise was that some slot machine technician had suggested the managers put the loosest machines there so they could attract more gamblers.

This is a myth that has since been dispelled.

Another piece of advice you’ll often see is that you should play flat-top slot machines instead of progressives. In this case, I lean toward believing this one. You could play a progressive slot machine where the jackpot is high enough that you could have an edge over the casino, but it would still be tighter than a game with a 1000-coin jackpot.

Here’s why:

In other words, if you’re not likely to hit the jackpot in your lifetime, it might as well not exist when calculating how loose or tight the game is.

You’ll also see people advise you to play for higher stakes. The idea is that the payback percentage goes up as the denominations go up.

This is likely true, too, but you still shouldn’t play for stakes you’re not comfortable with.

Conclusion

The dalles oregon. The best possible advice I could give you about finding a loose slot machine is this:

Give it up.

It’s virtually impossible to accomplish this goal.

Also, almost any other game in the casino will cost you less money in the long run than the slot machines will.

But if you are going to play, at least try to play the games with the flat top jackpots for the highest denomination you can easily afford.

Here are the casinos with the best-paying slots in the business

By Frank Legato

Well, actually, we invented the concept of loose slots as a reason to visit casinos. Our sister publication Casino Player, founded in 1988, was the first to publish charts showing the overall percentage of slot-machine wagers that were returned as jackpots to players by each casino or casino region.

It was the editors of Player who first realized the usefulness of monthly public reports required by gaming regulators showing their “hold” on the slot floor—the amount of slot wagers kept, or “won,” by the casinos. The idea was to flip those numbers to show how much they gave back, and the idea of loose slots was soon a marketing asset heralded by casinos. And the ones who wanted to be known as the players’ casino increased returns to players. Everyone who played slots benefited.

Loosest Slots On The Strip

Of course, when Player began its Loosest Slots charts, the only casino choices were Nevada and New Jersey. But as the industry grew with Indian and riverboat casinos in the early 1990s, giving players more choices, the need to know the most generous casinos grew. In 1994, Player published the first annual “Loosest Slots Awards,” honoring the casinos across the country that offered the best deal on the slots for an entire year.

It was a hit, and casinos winning the awards blazed the accomplishment across billboards and other advertising media. And again, the players benefited. The annual report, for one thing, uses historical, factual data logged over 12 months, not the theoretical payback percentages programmed by the games’ manufacturers. Additionally, results for one or even two months can be skewed by unusually high or low jackpots.

Gamblers slamming the casino on the high-end slots often results in a payback number exceeding 100 percent. Twelve months is plenty of time for all the games to return their true payback percentages.

Three years ago, Strictly Slots took over the annual survey and report. Welcome to our list of the casinos that were most generous to slot players in 2016—the 24th edition of the Loosest Slots Awards.

Knowing the casinos that return the most to slot players is more important than ever, since many casinos tightened up the slots after the recession and have yet to return to pre-recession levels of return. Many will never return, thanks to increasing reliance on penny denominations—where the lowest payback on the floor is masked by frequent low hits and high-profile brands.

But many casinos buck this trend, and have offered decent return on the slot floor all along. The evidence is in the fact that our list is rich in repeat winners that remained through the lean years.

As usual, we’ll begin with answers to the most-frequently-asked questions about our report.

First of all, our apologies if your favorite casino is not included. Our results, both in our monthly payback charts and in this annual report, are based on statistics that are available publicly. Casinos report their hold numbers publicly only if required, and then, only in the manner in which they are required by law to report them.

That’s why many Native American-owned casinos, including all of the popular big California casinos, are excluded from the report. Indian nations are sovereign nations, and are not subject to state gaming laws requiring that they report their slot hold numbers publicly, unless it is part of the agreement, or compact, between a tribe and the state (as in Connecticut).

It’s also why you will not find denominations broken out in many locations—such as New Jersey, where regulators stopped reporting denominations three years ago.

Finally, the way the numbers are reported publicly is the reason video poker paybacks are not broken out in this report. No jurisdiction reports separate numbers for slots and video poker. However, you’ll find that the casinos with the highest overall paybacks consistently offer the highest-returning pay schedules on video poker.

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THE PENNY DRAG

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The top casinos for loose slots in the U.S. have pretty much remained the same for several years, and the most generous casinos spread high payback percentages across all denominations. However, despite numerous player complaints that casinos have tightened their slot machines, the overall percentages remained stagnant last year.

Year-on-year comparisons reveal only a couple of hundredths of a percentage point in difference between overall returns in 2016 compared to 2015, but at least the numbers have stabilized a bit. Considering the Loosest Slots winner in each jurisdiction, six percentage results were lower than last year, but five were higher. That’s a significant improvement.

The penny denomination continues to be the category keeping overall results down. Most overall numbers were barely a 90 percent return, even for the category winners, with some in the 80s. Slot games in dollar-and-higher denominations are still returning payback percentages in the mid-90s and higher, but that’s not enough to bring the overall numbers up.

But fear not. There’s always Nevada.

BEST OF THE BEST

For a remarkable 10th year in a row, the loosest slots in the nation are in Reno, Nevada, and once again, it’s not even close.

In fact, the state of Nevada again has the top-three loosest slots regions in the U.S.

Loosest Slots champion Reno’s casinos returned 94.73 percent of all slot-machine wagers, essentially the same as last year (94.86 percent). The Silver Legacy, the Eldorado, the Atlantis, the Peppermill, the Grand Sierra, the original Harrah’s and the other Reno properties have dominated the Loosest Slots chase for years, and as the economy in Reno has been rejuvenated with an influx of high-tech industries, there’s no reason to think the trend will not continue.

The “Balance of County” group of casinos—the Clark County casinos outside of the Las Vegas Strip and Boulder Highway, such as the Orleans, the Palms, Red Rock and Green Valley Ranch—and the Boulder Strip—Sam’s Town, Arizona Charlies, etc.—tied for the No. 2 spot in the nation at 94.46 percent.

Elsewhere, Casino Queen in Illinois once again can boast the loosest slots of any region that singles out results for individual casinos. As it has for several years, Casino Queen topped the Illinois survey, last year returning 92.53 percent of wagers to players, down from last year by a 10th of a point. And once again, Horseshoe Cleveland in Ohio is nipping at Casino Queen’s heels, returning 92.35 percent of wagers to players.

In Atlantic City, the top two remained the same from last year. Harrah’s Resort again wins the city’s Loosest Slots award at 91.76 percent, a slight increase for the third consecutive year. The Borgata was right behind at 91.63 percent, with Caesars (90.99 percent) taking over third place from its sister property Bally’s.

In Connecticut, Foxwoods (92.04%) maintains its edge over Mohegan Sun (91.81 percent) in loosest slots, with both casinos returning more to players than last year.

In Indiana, the top two casinos for loose slots did not even make the top three last year. The winner is French Lick Casino at 91.58 percent, with Indiana Grand and Rising Star both right behind at 91.53 percent. Rising Star topped last year’s survey.

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In Missouri, Ameristar St. Charles, not in the top three last year, takes the Loosest Slots crown with a 91.03 percent return to players. The casino edged out last year’s winner, River City, which returned 90.98 percent. In Pennsylvania, Parx Casino (90.88 percent), also not in the top three last year, gets the Loosest Slots crown.