Las Vegas is home to a few different types of casinos, though most of them are resort casinos. A resort casino has a casino and hotel, along with other amenities. The resort casinos that line Las Vegas Boulevard have a complete offering of slots and table games, most of which are able to be played at any hour of the day or night.
- List Of Slot Machine Games In Las Vegas Odds
- Slots In Las Vegas
- List Of Slot Machine Games In Las Vegas Nevada
- Las Vegas Slot Machine Games
List Of Slot Machine Games In Las Vegas Odds
Las Vegas Slot Payouts
Here is a list of different slot payouts from all the different Las Vegas casinos:
Pay Out Comparisons, Brick Casinos Vs Online Casinos
There are some obvious key differences between playing slots in a brick and mortar casino and playing slots in an online casino. A brick and mortar casino offers perks such as the flashing lights of the machines, free drinks for players, and an exciting atmosphere. An online casino competes with this by offering large signup bonuses and loyalty rewards for players who stick to one company. However, not many people know that the percentage pay out also varies between a brick and mortar casino and an online casino. Not only does the percentage pay out differ between online and physical casinos but it also varies from slot game to slot game! You can try playing latest online slots for free at casinogames.ca/slots.
What is a Pay Out Percentage?
To understand the differences between pay out rates of a brick and mortar casino and online casinos, one must first understand exactly what a pay out percentage is. The pay out percentage is essentially an estimate of what a player can expect from a slot machine in terms of pay out. Slot machines are programmed to pay out winnings as a percentage of all the wagers that are paid into the machine by players. However, it is important to remember that the machines are still random and the pay out percentage covers the lifespan of the machine. This means that putting $100 into a slot machine with a 90% pay out percentage doesn’t guarantee a $90 return! These percentages can vary quite significantly between a brick and mortar Las Vegas casino and an online casino. For example in a Las Vegas casino, the average pay out percentage range is 86-93% whereas an online casino offers an average pay out percentage range of 95-98%. Thats quite a significant difference! Payout ratio is scientific metric, also common language in the investment and financial world.
Why Does the Pay Out Percentage Vary?
As you can see above, there is quite a significant difference between the brick and mortar casinos in Las Vegas and online casinos in terms of pay out percentage. The main reason for this is that physical casinos in Las Vegas have much higher operational costs and overhead expenses. They operate in a physical building which requires rent and maintenance as well as employing staff and other general expenses. Online casinos on the other hand have very low operational costs and most of the profits are re-invested into the company in the form of marketing and bonuses. You can see this in the online casinos reviewed at BestCasinosCanada comparison site with many sites there offering new players welcome bonuses from $1000 up, sums which Las Vegas casinos can't match.
The remaining money from the pay out percentage is known as the slot hold percentage and is the equivalent of the casinos house edge or hand rake in poker and other games. If a slot machine has a pay out percentage of 90%, the amount of money taken by the casino is 10%. So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered. Although this may not seem like an awful lot, it can add up quite quickly.
Which Slot Games Offer the Best Pay Out Percentage?
Another aspect of pay out percentages in slot machines is the type of slot that you are playing. Each slot machine features a pay table which shows the probability of winning and the maximum winnings each machine will pay out. Brick and mortar casinos in Las Vegas generally have 3 reel classic slot machines which have a much lower pay out table and heavily favour the house. However, online casinos favour video slot machines with higher pay lines and a much better pay out probability. Slot games which are exclusively available in online casinos such as Thunderstruck II and Jurassic Park allow players to win on 243 lines with a host of features, wild symbols, and special mini games. Other exclusive online slot games such as Piggy Fortunes allow players to play 25 lines at one time, providing an excellent chance of winning on each spin. These online video slots combine a high pay out percentage of 95-98% with a high probability of winning on each spin, making them much more profitable than classic reels in brick and mortar online casinos.
Conclusion
When considering all the information, there is really no comparison between brick and mortar Las Vegas casinos and online casinos. In terms of pay out percentage, online casinos offer players a much higher chance of winning as the house takes a much smaller percentage of the money. Although brick and mortar casinos offer a different gaming experience with flashing lights, exciting sounds, and a general buzz, it is worth remembering that you are paying for that experience by sacrificing the probability of winning. For those players more interested in skill-games, you can find information on playing in Vegas here.
Want to play slots online? View our online slots section now!
By far the most popular attraction in the casino world, slot machines take up more floor space in most casinos than all other gaming options combined! This is because they’re easy to play and offer huge jackpots to players, both of which make them extremely popular, especially among players who aren’t all that familiar with the more complex rules of table games.
Of course, the casinos tend to like slot machines too, because they’re the biggest moneymakers. That’s why it’s important to find the best casinos for slots, no matter what town you might be in.
In Las Vegas, most of the best games are found in the downtown and off-Strip area, while the flashier Strip casinos carry games with higher house edges. This is generally true when it comes to slot machines, too. The looser slots are usually in downtown casinos; meanwhile, Strip properties rely on all their extras and amenities to get people in the doors, and aren’t quite as generous once you start playing.
Slot machines in Vegas comes in all shapes, forms and sizes and cater for players on all budgets
However, there are exceptions to this rule, and good slots can be found anywhere you look in Las Vegas. Here’s our list of the best Vegas Casinos for Slots!
Palms Casino Slots
The Palms is mostly known for being an upscale casino/resort, but they also carry a reputation for featuring some of the loosest slots in the city. In fact, a study done in 2001-2002 by Michael Shackleford actually found that the Palms had the best return on nickel slots – 93.42% – of any casino in all of Las Vegas[1], by a pretty significant margin! We definitely recommend the Palms for anyone looking to get the most bang for their slots buck.
Stratosphere Casino Slots
If you want to stay on the strip and can exercise a bit of caution in the games you play, take a look at the slot machine offerings in the Stratosphere. The overall selection doesn’t rank among the loosest around, but we like that they have quite a few dollar slots that advertise exactly how much payback you’ll be getting from the machines. In fact, some of their slots have an advertised payout of 98%! That’s hard to beat at the dollar level, making the Stratosphere one of the best Vegas slots casinos on the Strip.
Gold Coast Casino Slots
Located off the strip, the Gold Coast is another casino that performed quite well in the study we mentioned earlier. Not only does the Gold Coast have some of the loosest slots in Las Vegas, but they also have a ton to choose from, especially at the nickel level, making this a fine destination for slots fanatics.
Sahara Casino Slots
The Sahara is another Strip casino that doesn’t cater to the upscale market, meaning that their rooms are affordable, the cost of gaming is low, and the games tend to be a bit looser than the ones in the swankier joints up the road a bit. In fact, along with Slots-A-Fun, the Sahara has what are probably the loosest slots you’ll find anywhere on the Strip, offering reasonable paybacks event down at the nickel and penny levels, which makes it a great choice for those who want a fair slots experience without running up a big bill if they lose.
Slots-A-Fun Casino Slots
This tiny Strip casino may not even show up on your radar, but if you’re looking for cheap gaming and loose slots, you should stop by. Located right next to Circus Circus, Slots-A-Fun has some of the lowest betting limits anywhere in Vegas, and their slots offer excellent payback when compared to most of their Strip counterparts. However, it is expected that Slots-A-Fun will soon be rebranded and become a part of Circus Circus; whether the excellent slots gaming here will continue after that process ends is yet to be seen.
Honorable Mentions
While the five casinos we’ve listed above all feature excellent slots, they’re far from the only good slots casinos in all of Las Vegas. We’ve listed a few more to check out below; these all have reputations as being great choices for slots players, with loose machines and plenty of options for gamblers to choose from.
On The Strip Casinos
- Imperial Palace
- Riviera
Downtown Casinos
- El Cortez
- Main Street Station
Off-Strip Casinos
- Boulder Station
- Fitzgeralds
Slots In Las Vegas
Worst Vegas Casino for Slots
List Of Slot Machine Games In Las Vegas Nevada
Finally, where’s the worst place in Las Vegas to take a chance on the slot machines? Well, in some categories, this isn’t an easy pick, but most people who have been to Vegas at least once will know the answer to this one. Stay away from the slot machines at McCarran Airport; you’ve probably suspected they’re just there to lure in unsuspecting tourists who can’t wait to leave the airport before gambling, and you’d be right. They’re generally regarded as the tightest slots anywhere in the Las Vegas area.
Sources
Las Vegas Slot Machine Games
[1]Palms Slots leave you smiling by RGTOnline.com