- Vegas Slot Odds
- Current Las Vegas Slot Odds
- Best Las Vegas Casino Odds
- Las Vegas Slot Odds
- Best Slot Returns Vegas
So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well.. aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.
- Attempting to pinpoint the odds for slot machines is a daunting task. With such a variety of machines and games available, the odds can vary a great deal. Generally slots odds are expressed in the form of a payback percentage. The closer to 100%, the better for players.
- Again, if you choose to play free slots for fun, you don't have to worry about slot machine odds. For nickel slots games, the average payback percentage in a live casino is 92.5 percent. The quarter machines pay back an average of 94.1 percent, the dollar machines 95.9 percent, and the high-stakes $5 games pay back 98.4 percent.
Just to mention: in online casinos this so-called Return To Player (RTP) is usually set somewhere between 93% and 98%, meaning gamblers in Las Vegas stand a lot less chance against the house. It is even quite rare to find Las Vegas casinos advertising their slot odds to their visitors, which is a major drawback if you ask us. Just to mention: in online casinos this so-called Return To Player (RTP) is usually set somewhere between 93% and 98%, meaning gamblers in Las Vegas stand a lot less chance against the house. It is even quite rare to find Las Vegas casinos advertising their slot odds to their visitors, which is a major drawback if you ask us.
Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout.. Play slingo deluxe free online no download. Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.
Slot Spotlights
A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.
We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).
100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry
Slot Machine Payback Percentages
Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:
5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%
$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%
The Math of Casino Slot Machines
For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet.. just shy of 11¢. Granted these 11 cents don't get extracted instantly.. this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.
How was this number derived:
STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ..
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.
Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way.. but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin.. the more you will lose despite short runs of successful jackpots. If you find you are UP.. leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.
Gamblers Library
VT fully recommends the following books to help you decrease the house advantage on casino card games.
Buy used from Amazon.com and save big bucks!
Las Vegas Casino Odds — What to Play and What to Avoid?
If you want to go to the Entertainment Capital of the World, you should definitely check the best and the worst Las Vegas casino odds first. The thing about odds is that they are not actually connected to casinos, but rather individual games.
In other words, you won't find the best odds in Vegas by playing in a specific casino, but by playing specific games. However, before we proceed to talk about those games, let's dwell on the notion of 'odds' for a bit.
How Are Odds Determined?
Odds are a term that we usually use in sports betting. In the casino industry, we talk about the 'house edge.' Therefore, speaking of Las Vegas casino odds means exploring which games have the lowest house edge in general.
But what exactly is the house edge? Simply put, it's the amount of money that casino earns from players playing a game. Games with the best odds in Vegas usually have the lowest house edge.
For example, if the house edge of a casino game is set to 5%, the casino should win overall $5 for every $100 that players bet in it. The remaining $95 return to players via prizes in those games. Therefore, it's only logical that we seek those games that have the smallest house edge.
Without further ado, let's take a look at the games that offer the best odds in Vegas.
Blackjack — 1% House Edge
Blackjack is probably the only game that has the lowest house edge of all, according to the majority of experienced casino players. Although it is essentially a game of chance, many players are able to insert the element of skill in it. How so?
If you play blackjack with just basic knowledge, the house edge can be quite high. However, this card game is so popular that blackjack professionals came up with a unique strategy that helps players alway play the best possible hand. That way, the house edge is lowered to as little as 1%.
In other words, if you manage to stick to the strategy, you will be able to get some of the best Las Vegas casino odds in this game.
One cannot speak of blackjack without mentioning the infamous card counting. This technique could lower the house edge even more. However, it's something that is not really allowed in casinos. Although it is technically legal to count cards, casinos reserve the right to ask you to leave if they think you're applying this strategy to blackjack.
Craps – 1.4% House Edge
Although much more complicated than blackjack, craps is very similar to it when it comes to the house edge. Since there are so many bets in this game, you need to be very specific if you want to make craps have one of the best odds in Vegas. Just like blackjack, you need to adhere to a specific play strategy so as to get the most out of this game.
European Roulette – 2.8% House Edge
Roulette is definitely one of the most popular games in casinos all over the world. There's something special about that wheel that makes many players fall in love with this game. Las Vegas casino odds for roulette may differ depending on the type you choose to play.
At the moment, the two most popular variants of roulette are European and American. The only major difference between the two is that American roulette has two zero fields on the wheel, whereas the European variation has only one.
Vegas Slot Odds
It turns out that zeros make all the difference in roulette. Once you start making 50/50 bets such as red/black, 1-18/19-36, odd/even and more, you will realize that the chances of winning are not 50%. Simply put, if the ball lands on 0, you lose either way. But when there are two zeroes, the possibility to lose even bets is even higher. The zero field is the house edge.
If you follow roulette betting strategies and manage your bankroll properly, you will be able to achieve a house edge of 2.8% in European roulette. The lowest possible edge in American variants is 5.2%.
Therefore, players who want to go for the best Las Vegas casino odds shouldn't take European roulette out of the equation.
Let's take a look at the games with the worst odds.
What Las Vegas Casino Odds Are the Worst?
Blackjack, roulette, and craps have the best odds in Las Vegas. This list should also include games such as baccarat and Pai Gow poker, as they can also be very rewarding if your luck is backed by sufficient skill.
However, some games don't have a house edge that is as low as in blackjack.
Slot Machines
Slots are the most diverse type of game in Las Vegas, meaning they can offer a wide variety of odds to players. Some are more rewarding than others, as their house edge starts at 3% and goes up to 20%. Needless to say, when choosing the best possible slot, it's best that you go for ones that have a lower house edge.
Current Las Vegas Slot Odds
Keno
Keno is a super-entertaining game, but it definitely doesn't have the best odds in Vegas. On the contrary, many consider keno to be the worst in terms of the house edge, as it varies from 20% to 40%. Therefore, unless you really like keno, you should be careful when playing this casino game.
Conclusion: Fun Comes First
Slot Spotlights
A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.
We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).
100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry
Slot Machine Payback Percentages
Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:
5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%
$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%
The Math of Casino Slot Machines
For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet.. just shy of 11¢. Granted these 11 cents don't get extracted instantly.. this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.
How was this number derived:
STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ..
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.
Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way.. but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin.. the more you will lose despite short runs of successful jackpots. If you find you are UP.. leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.
Gamblers Library
VT fully recommends the following books to help you decrease the house advantage on casino card games.
Buy used from Amazon.com and save big bucks!
Las Vegas Casino Odds — What to Play and What to Avoid?
If you want to go to the Entertainment Capital of the World, you should definitely check the best and the worst Las Vegas casino odds first. The thing about odds is that they are not actually connected to casinos, but rather individual games.
In other words, you won't find the best odds in Vegas by playing in a specific casino, but by playing specific games. However, before we proceed to talk about those games, let's dwell on the notion of 'odds' for a bit.
How Are Odds Determined?
Odds are a term that we usually use in sports betting. In the casino industry, we talk about the 'house edge.' Therefore, speaking of Las Vegas casino odds means exploring which games have the lowest house edge in general.
But what exactly is the house edge? Simply put, it's the amount of money that casino earns from players playing a game. Games with the best odds in Vegas usually have the lowest house edge.
For example, if the house edge of a casino game is set to 5%, the casino should win overall $5 for every $100 that players bet in it. The remaining $95 return to players via prizes in those games. Therefore, it's only logical that we seek those games that have the smallest house edge.
Without further ado, let's take a look at the games that offer the best odds in Vegas.
Blackjack — 1% House Edge
Blackjack is probably the only game that has the lowest house edge of all, according to the majority of experienced casino players. Although it is essentially a game of chance, many players are able to insert the element of skill in it. How so?
If you play blackjack with just basic knowledge, the house edge can be quite high. However, this card game is so popular that blackjack professionals came up with a unique strategy that helps players alway play the best possible hand. That way, the house edge is lowered to as little as 1%.
In other words, if you manage to stick to the strategy, you will be able to get some of the best Las Vegas casino odds in this game.
One cannot speak of blackjack without mentioning the infamous card counting. This technique could lower the house edge even more. However, it's something that is not really allowed in casinos. Although it is technically legal to count cards, casinos reserve the right to ask you to leave if they think you're applying this strategy to blackjack.
Craps – 1.4% House Edge
Although much more complicated than blackjack, craps is very similar to it when it comes to the house edge. Since there are so many bets in this game, you need to be very specific if you want to make craps have one of the best odds in Vegas. Just like blackjack, you need to adhere to a specific play strategy so as to get the most out of this game.
European Roulette – 2.8% House Edge
Roulette is definitely one of the most popular games in casinos all over the world. There's something special about that wheel that makes many players fall in love with this game. Las Vegas casino odds for roulette may differ depending on the type you choose to play.
At the moment, the two most popular variants of roulette are European and American. The only major difference between the two is that American roulette has two zero fields on the wheel, whereas the European variation has only one.
Vegas Slot Odds
It turns out that zeros make all the difference in roulette. Once you start making 50/50 bets such as red/black, 1-18/19-36, odd/even and more, you will realize that the chances of winning are not 50%. Simply put, if the ball lands on 0, you lose either way. But when there are two zeroes, the possibility to lose even bets is even higher. The zero field is the house edge.
If you follow roulette betting strategies and manage your bankroll properly, you will be able to achieve a house edge of 2.8% in European roulette. The lowest possible edge in American variants is 5.2%.
Therefore, players who want to go for the best Las Vegas casino odds shouldn't take European roulette out of the equation.
Let's take a look at the games with the worst odds.
What Las Vegas Casino Odds Are the Worst?
Blackjack, roulette, and craps have the best odds in Las Vegas. This list should also include games such as baccarat and Pai Gow poker, as they can also be very rewarding if your luck is backed by sufficient skill.
However, some games don't have a house edge that is as low as in blackjack.
Slot Machines
Slots are the most diverse type of game in Las Vegas, meaning they can offer a wide variety of odds to players. Some are more rewarding than others, as their house edge starts at 3% and goes up to 20%. Needless to say, when choosing the best possible slot, it's best that you go for ones that have a lower house edge.
Current Las Vegas Slot Odds
Keno
Keno is a super-entertaining game, but it definitely doesn't have the best odds in Vegas. On the contrary, many consider keno to be the worst in terms of the house edge, as it varies from 20% to 40%. Therefore, unless you really like keno, you should be careful when playing this casino game.
Conclusion: Fun Comes First
Las Vegas casino odds are not as important as entertainment. After all, if you're not lucky, the odds cannot help you that much, even if you apply the best possible strategy.
Most of the games in Sin City are games of chance. That fact alone plays a huge role in the industry and brings casinos in Vegas millions of dollars in annual revenue. Unless you cheat, it's impossible to gain the edge over casinos. Therefore, it's important that you have fun, test your luck, and know when to stop. Once these three are taken into account, you are ready for your Vegas journey!
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06 Feb 2020 | Adam Shaw | 1 Comments
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