Top 10 Loosest Slots In Vegas
August 7, 2008
Here’s the dose of reality before we feed your fantasy world a bit more: Slot machines account for 70% of the money casinos make. They don’t make that money by making winners out of guests. Gaming laws require they pay out 75 percent of what they take in, and competition sets the lowest return at around 90 percent anywhere in town.
That’s at least a 10% take for the house at the slots, compared to say, 2 or 3 percent at Black Jack or other games. That means each slot machine brings $100,000 a year after jackpot payouts. That also means, in addition to the obvious idea that the more machines in place the more money they make, that more machines means less chance you actually find a way to play the probabilities right and pick a winner; with every machine added, the numbers against you get bigger as each one goes off into its own random probability infinite universe.
That’s not so much news, though, is it? Everybody knows it and some people insist on playing them, incorporating myths and legend in the process. That’s how they get you, you know, by making gamblers believers in myths instead of math. But there are ways to fight math with math, and if you insist on playing these silly games, here are the loosest slots in Vegas, according to people who do math.
But make sure you read MTV’s Kurt Loder’s take on how it really works. We make no guarantees, but these are the top 10 loosest slots in Vegas, measured by historical return rates:
1. Sante Fe Station: 93.7-95.7%
2. Casino Royale: 93.7
3. Palms: 93.4
4. Circus Circus: 93.1
5. Gold Coast: 92.84
6. Sahara: 92.81
7. Flamingo: 92.66
8. Bourbon Street 92.63
9. Imperial Palace (tie)
10. Slots a Fun (tie)
Sources:
http://www.casinoplayer.com/archive/0204cp/awards.html
http://wizardofodds.com/slots/slotapx3.html
http://wizardofodds.com/slots/slotapx3e.html
