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Learn about the odds and probabilities of slot machines, including how slots payouts work at land casinos and also at online casinos.
The odds are heavily against you winning that money though. Meanwhile, in the long run, the casino takes your dollar bills and gives you back less. So if you agree to participate in this weird transaction, the least you can do is to find the casinos and slot machines that give you back the most money. How to Find the Best Casino Slots to Play.
- If a slot has 3 reels and 10 symbols on each reel, the odds of one particular symbol appearing on the machine would be 9 to 1, or 9 losing symbols and 1 winning symbol. To figure out the odds of hitting 3 particular symbols (for a jackpot), multiply your chances of landing one symbol three times by itself.
- Everything about casino gambling is here at OddsShark. We offer a comprehensive guide to online casino and in-person gambling so you can master the tables and slot machines, and do your best to gain an edge that beats the house.
Article Highlights:
Introduction | Slot Payouts at Land Casinos | Slot Payouts at Online Casinos
Casino: Greektown Basic three-reel slots are a common type of slot machine found at modern casinos, although multi-payline video slots are also very popular amongst players. |
Introduction
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. Some machines even pay back at percentages greater than 100%, giving the lucky players who find them a positive expectation for winning. These 'loose slots' are frequently mixed into the sea of machines on a casino gaming floor. For a while, casino operators placed the highest paying machines in high traffic areas like entrances, bars, and near lines for buffets or shows - basically any place a crowd of people was likely to be. The strategy behind the prominent placement of higher paying machines was that since they produced winners more frequently, they would also generate more interest from passers-by, making other players more likely to play at average or low paying machines.
It didn't take long for slots players to figure out this simple strategy, so casino managers shuffled things up a bit. Reverse methods were employed, putting low-paying machines in high traffic areas, and vice versa. These days, there really is no standard procedure for distributing the different pay level machines on a casino floor. Machines are mostly placed at random or in a secret arrangement that only the casino management and staff are privy to. The machines, themselves, still offer a mix of payout percentages with some high and the majority being low to average.
One popular guideline that is easy to follow is to try multiple machines until you find one that pays. Start with a nominal amount of money - such as 20 credits for a .25 or .50 credit machine - and see how it pays. If you are getting more back than you put in, you may have found a hot slot - or one set for higher payouts. Keep playing until it proves itself otherwise, and then try another machine. If the slot you picked is paying out next to nothing from the start, that could either be a cold machine or one set for lower payouts, which also means it's time to move on. There are many strategies slots players utilise, but a few rules of thumb will hold true regardless of where you play.
Average Slots Payout At Land Based Casinos
Denomination | Average Payout |
92.5% | |
94.1% | |
95.9% | |
98.4% |
When playing slots games at land casinos, you will likely have machines that offer .01, .05, .25, 1, 5, and 100 credit betting denominations. How do you know which ones offer the best return rates? The highest denomination ones of course. Casinos generate more revenue by getting a large monetary turnover. Operators know that less overall money will go in and out of a .05 credit slot machine during the course of a day than will in a 1 credit machine. Because more money turns over in the higher-denomination machines, casinos can afford to offer higher return rates for players. Your bankroll may not be able to support playing a five-credit machine for several hours a day, but with a 98.4% payout, it offers significantly better odds than a .25 credit slot. To take it a step further, although you would have to be a high roller, the one hundred credit slots usually offer a near-100% return rate. Even though the machines don't see nearly as much action as the .25 and 1 credit slots, so much is at stake on a single spin that allows the casino to offer a near even money return.
So how much bankroll do you need to play different denominations of slot machines? Based on a three-coin maximum bet averaging ten spins per minute, and matched against the according payout rates, to play for an hour you would need:
- 6.75 credits to play the .05 credit slots
- 26.75 credits to play the .25 credit slots
- 74 credits to play the 1 credit slots
- 145 credits to play the 5 credit slots
Keep in mind that these bankroll figures are only estimates, based on the average payout across all slots. While playing, your actual return may vary a good bit from these numbers. To be conservative, you might try doubling the amounts listed above to ensure one hour's worth of play, if the length of your session is a concern. Lots of players have won giant jackpots with small bankrolls. In 2001, an Arizona businessman on holiday at Harrah's Las Vegas won the multi-million dollar Megabucks jackpot after investing only 22 dollars. The simplicity of the games, and the high win potential is a big part of what fuels the popularity of slot machines.
Average Slots Payout At Online Casinos
casino: Intertops God Of Wealth is an example of a video slot machine, which usually features five reels, anywhere from five to more than 200 paylines, various symbols, and is popular at both land-based and online casinos. |
Like their land-based counterparts, online casinos are capable of producing large slots wins. Not only have the number of online slots choices matched - and sometimes even exceeded - the variety found in land casinos, but their payout rates tend to be even higher. Depending on the frequency and size of jackpots, online casinos may occasionally even top the 100% mark for overall slots payouts in a given month. While it holds true that players benefit from higher return rates, playing slots online also offers some conveniences over land based play (more on this topic at slots.info). Gone are the expenses and travel requirements of playing at a brick and mortar casino. Playing slots at home can also be much more informal. For example, a player can play in his or her pajamas, if they choose. For an idea of how well average online casino slot machines pay, the table below shows a recent ranking of top paying internet casinos for slots games:
Top 5 Casinos | Slots Payout |
1. | Splendido | ||
2. | Platinum Play | 97.81% | |
3. | Euro Palace | 96.93% | |
4. | Quatro | 96.84% | |
5. | Virtual City | 96.76% | |
view a ranking of all online casino payouts | online casinos for US players |
The numbers on the chart above represent the top five online casinos in terms of slots payouts based upon an unbiased monthly audit by one of the largest international accounting firms for the most recent audit period. All of these casinos' slots games are tested using rigorous accounting standards to ensure fairness for players, and that the casinos are providing a consistently high rate of return.
If you'd like to try your luck playing slots online, browse our list of approved online casinos, which features a number of reputable establishments offering a large variety of slots.
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Have you ever wondered which slot machines have the best odds? If you’ve ever played at a land based or online casino before, then you probably know that there is a huge amount of machines to choose from, and this can be a bit daunting and confusing for a lot of people. Sure, some people just pick the games they are most attracted, however there are others who are in it to win it, and could really care less about the machine’s appearance or any of its other unique qualities. For those whose only objective is to win, it’s important for them to understand that there isn’t any magic winning machine out there that will guarantee wins all the time. If that were the case, everyone would be playing them, and the casinos would be out of business in a heartbeat.
Regardless if there isn’t any so called “always win machine”, there are some out there that have better odds than others. If that’s the case, which ones are they? As simple as it may sound, it’s actually quite the opposite. Keep in mind, slot machines from regulated casinos use a sophisticated software called a Random Number Generator (or RNG). The purpose of the RNG is to make sure all the spins occur randomly. Because of this software, it’s impossible to be able to detect the outcome of each spin. Even with the RNG in place, you still get a payout percentage. In fact, in this article we’ll be discussing which slot machines have the best odds and pay the best.
Types of Slot Machines
Before we start discussing which slot machines have the best odds, it’s important to know what types of slot machines exist, especially since there are so many different kinds. For example, some machines feature personal jackpots, whereas others are equipped with progressive bonus rounds. Aside from the that, you also have machines with different styles, such as classic and video slots. With that said, let’s go ahead and take a look at some of the most popular machine types.
- Video Slots
Video Slots are the modern day slot machine. They are equipped with virtual reels that are powered by electronic computer technology. Many of the themes are inspired by famous television shows, movies, bands, etc.
- Reel Slots
https://ninplum.netlify.app/wonder-woman-slot-game.html. Are the original machines that use physical reels as opposed to the virtual reels we just mentioned previously.
- Single Line
The most basic type of slot machine because it only uses one single payline. Nowadays it’s becoming more difficult to spot these machines, especially with the growing popularity in the video slots that offer more than one payline.
- Bonus Round
Whenever certain symbols land on specific reels, a bonus round can be triggered and they can range anywhere from free spins to games you play and receive a reward from.
- Multi-Denomination
Are simply slot machines that offer a wide range of betting options. These can be anywhere from a single penny to a hundred dollars.
- Multi-Line
Slot Machine Odds
Machines that offer more than one payline. They typically have 30 lines, however there are some that have more.
- Progressive
When a percentage of your bet goes towards a jackpot each time you make a bet and spin. The jackpot continues to grow until one person is lucky enough to win. This means that there is more than one machine connected to the jackpot, and that everyone playing on them is contributing.
Which Slot Machines Pay the Best
As we discussed earlier, there are no slot machines out there that can guarantee wins, however there are some tips on how to discover which slot machines pay the best. Below are 6 tips on what you should consider when trying to find the right machine for you.
- Location
It is said that casinos like to put their tight machines that offer large payouts in a central location. The reason they like to do this is so that people will be able to spot and notice their jackpots more easily while they are walking by. True, they are very popular to play on, however they are difficult to win on.
- High Denominations
Usually the chances for payouts are greater on machines where you can make higher bets, as opposed to those where the maximum bet allowance is low. For example, some Penny Slots have a payback percentage at about 85%, whereas you can sometimes find slots that have a higher betting denomination with a payback percentage at around 95%.
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- Small Jackpots
In general, the bigger a potential jackpot is, the harder it is to be able to win. That means it’s usually easier to win jackpots that have a lower value.
- Learn the Paytable
First and foremost, before you start playing a machine, make sure you fully understand all the rules to the paytable. This will help you understand what the symbols represent as well as the combinations you need to have in order to win.
- Appealing Slots
Find slot machines you enjoy playing on. Win or lose, it’s important to make sure you’re having fun. Keep in mind, luck has a lot do with being able to win. In that case, if you’re not having a lucky day, at least you can enjoy playing.
Online Casino Slot Odds Chart
- Research
Perform your own research online. From there you will be able to locate some websites that are able to point out the payout percentages for various slot machines.
Online Casino Slots Odds
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