Best Payout Slots In Vegas

Posted By admin On 31/07/22
Best Payout Slots In Vegas Average ratng: 5,8/10 8610 votes

Casinos across Nevada are required to report revenue figures to the Nevada Gaming Control Board to include what percentage of wagers they held as profit on slot games. A nerdy annual tradition of ours is to dig into that real-world data from the previous year to help our readers find the loosest slots in Las Vegas.

  • If you are looking for sophistication, you cannot beat the Bellagio Casino.
  • Golden Goddess is a progressive jackpot slot machine with 5 reels and 40.

Unfortunately, the data we have access to isn’t granular enough to tell us how loose or tight slots were at individual casinos. Rather, the reporting will highlight groups of casinos based on where they are located (ie The Strip, Downtown, Boulder, etc). We’ll make sure to point out what casinos reside in zones identified as having looser slots.

Sep 23, 2021 Megabucks offers some of the best slots in Vegas with the highest winnings. In 2014, a man playing a Megabucks slot machine in Rampart Casino hit a $14 million jackpot after playing for five minutes on a $20 bill when the slot paid off. This payout is not the only one from a Megabucks machine. As evidenced above, the best places around Las Vegas to play slots are the Boulder Area (6.10% casino win percentage) and North Las Vegas (7.24% win percentage). In an abnormal twist, slots were slightly tighter in 2020 downtown (8.24% win percentage) than on the Strip (7.95% win percentage). Historically, slots downtown have been reliably.

As a matter of housekeeping, casino slot “win percentage” is defined as the percentage of the total amountwagered by the player that the casino held as profit. For instance, a 10% casino win percentage means the casino, on average, kept 10 cents of every dollar wagered on slot machines.

Example: A player put $20 into a slot machine and made her money last for a while playing a total of $200 in spins before losing it all. The total amount wagered by the player was $200 and the casino won, or held, $20 resulting in a 10% casino win percentage.

Now that we cleared that up, lets dig into where you can find slots that are more apt to pay out around Las Vegas.

Where you play matters. The graph below details casino slot win percentages by area, which lumps together all slot denominations. You can quickly surmise that casinos in tourist centers hold a larger percentage of slot play as profit.

As evidenced above, the best places around Las Vegas to play slots are the Boulder Area (6.10% casino win percentage) and North Las Vegas (7.24% win percentage).

In an abnormal twist, slots were slightly tighter in 2020 downtown (8.24% win percentage) than on the Strip (7.95% win percentage). Historically, slots downtown have been reliably looser than those found on the Strip.

In another rare twist, Slots on the Las Vegas Strip loosened slightly year over year in 2020 vs. 2019 (8.16% in 2019 vs. 7.95% in 2020), while slots downtown tightened by a slight margin (7.78% in 2019 vs. 8.24% in 2020).

Keep in mind that video poker also figures into these slot statistics. Lower casino win percentages away from the Strip are in part, but not completely, due to better video poker pay tables offered by establishments away from tourist centers.

Where to Find the Loosest Penny Slots in Vegas

Since penny slots are the most popular denomination with players, we also broke down where the loosest penny slots in Vegas can be found by region. Since the data below looks exclusively at the penny denomination, it’s untainted by video poker and thus provides a clearer window into where looser slots can be found across Las Vegas.

Clearly, there is again a correlation between an area being “touristy” and higher slot hold rates. Downtown and Strip penny slots came in as the tightest with casino win percentages of 11.26% and 11.45% respectively.

Similar to our previous data set that looked at all denominations, penny slots more apt to pay out can be found in the Boulder (9.61% win rate) and North Las Vegas (9.71% win rate) areas.

So, What Las Vegas Casinos Have Looser Slots?

Although most players aren’t typically able to tell the difference between a “tight” or a “loose” slot, the data suggests getting away from the Strip and Fremont Street will give you a slightly better chance of winning.

Casinos that fall into the looser Boulder and North Las Vegas reporting zones are broken down below. Note that these aren’t the most scenic areas, but if winning is more important to you than bright lights, fountains, and celebrity chef restaurants then order up an Uber and make the trip.

Casinos in the Boulder Area: Sam’s Town, Eastside Cannery, Arizona Charlie’s, Boulder Station, Sunset Station, M Resort, Fiesta Henderson and Green Valley Ranch.

Casinos in the North Las Vegas Area: Jerry’s Nugget, Silver Nugget, The Cannery, Fiesta Hotel and Casino, Texas Station, Cannery, and Aliante.

See Also:Buy the exact scents used on Las Vegas Casino floors like Wynn, Caesars Palace, and Bellagio.

The Denomination You Play Matters

Slot denominations also play a role in finding lose machines which is demonstrated by the statewide data below. In 2020, penny slots were the tightest variety of slot in Nevada by a large margin with a 9.74% win percentage, with quarters coming in a distant second place at a 7.31% win percentage.

Although the above data is slightly “polluted” by video poker at the quarter denomination and up, the view is still beneficial to demonstrate the poor bet penny slots are comparatively. It is also interesting to note the correlation between denominations and how loose or tight machines are. Generally speaking, the higher the denomination, the looser the slot.

If you’re a penny slot player that plays 75 cents per spin or more, you would likely give yourself a better chance of winning by playing the same bet on a higher denomination machine. We would also recommend that penny slot players brush up on their video poker skills as the returns are more favorable in comparison.

While looking at the numbers is a fun exercise, ultimately, the random number generator could select you as the next big winner anywhere. Good luck, and hopefully our breakdown of 2020 slot data will help you on your quest in finding the loosest slots in Vegas!

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Payout

What happens in Vegas stays in Vegas—unless you happen to win a huge cash payout while gambling. The odds that you’ll win $5.00 or $10.00 while playing the slot machines are quite good. The odds of hitting a multimillion-dollar jackpot at a Vegas casino—well, if you accomplish that, then we’ll be hitting the Vegas strip with you next time.

They may be rare, but mega-million jackpots in Vegas do happen. Most recently, in November 2014, a man turned $20.00 into $14.28 million when he hit the progressive jackpot playing a Megabucks slot machine at Rampart Casino. The Megabucks machine is linked to 157 casinos throughout Nevada.

If you’re hoping lightning strikes twice, you may want to visit the following casinos on your next trip to Las Vegas:

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5. Rampart Casino

The unidentified Vegas resident who won the cool $14.0 million at Rampart was visiting the casino with an out-of-town friend one day. The man played the Megabucks slot machine for all of five minutes before hitting the jackpot! The money, he said, would be donated to various charities and his church.

The 50,000-square-foot Rampart Casino1 is located in the JW Marriott Las Vegas Resort & Spa. It boasts nearly 1,300 slots, video poker, and keno machines. The Summerlin Room High Limit area features games that range from $1.00 to $10.00 denominations and the 300-seat Bingo Room is conveniently located next to the Rampart Buffet. With 50 lush acres, JW Marriott Las Vegas is considered to be the first off-the-strip luxury resort in Las Vegas. The 548 guestrooms offer mountain, garden, city, or golf-course views, and are equipped with high-speed Internet access, rainfall showerheads, and jetted tubs.2

If that’s not enough, the JW Marriott has a day spa. Spa Aquae has 36 treatment rooms, an outdoor hydrotherapy circuit pool, a whirlpool, a steam room and sauna, a hot and cold plunge, and cascading waterfall showers. It also has a state-of-the-art fitness center and offers daily yoga sessions.3

4. Bally’s

Seventy-four-year-old Johanna Huendl was on her way to breakfast at Bally’s when she decided to take a seat at the Megabuck machine. She put in about $170.00 and won the jackpot. Initially she misread the machine and was overjoyed to see she would be taking home $2.0 million. But she was wrong; she won $22.62 million.4

Located on the Vegas strip, Bally’s Las Vegas features more than 2,800 extra-sized guestrooms (450 square feet each) and a number of penthouses ranging from 2,567 square feet to 3,425 square feet. Guests at Bally’s can also enjoy the 13,000-square-foot spa, salon, Olympic-sized pools with palm trees, private cabanas, and a whirlpool, fine dining, shows, and shopping.5 At 67,000 square feet, the casino at Bally’s has countless slot and video poker machines, more than 65 Las Vegas table games (casino blackjack, craps, roulette, baccarat, and pai gow), a poker room, a 24-hour Keno parlor, and a stadium-style race and sports book.

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3. Palace Station

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Did you know that one of the largest, progressive slot machine payouts in history happened at Palace Station? Back in 1998, a retired flight attendant fed $300.00 into a Megabucks machine and walked away with a staggering $27.5 million.

Located just a few minutes off Las Vegas Boulevard, Palace Station is known as the locals’ favorite place to stay and play! Palace Station has a 1,000-room hotel, fitness center, pool, and salon, along with bars, lounges, and fine dining.6

The Palace Station casino has more than 100,000 square feet of gaming space and the perfect mix of slots and table games.7 The casino has more than 1,600 slot/video poker machines, 45 table games (blackjack, pai gow poker, pai gow tiles, “Ultimate Texas Hold’em,” craps, roulette, and baccarat), a 307-seat bingo hall, a 20-seat keno lounge, and a 230-seat race and a sports book featuring 44 screens.

2. Wynn Las Vegas & Encore Resort

On January 26, 2000, Cynthia Jay-Brennan, a Las Vegas cocktail waitress, won $34.9 million after investing $27.00 on a Megabucks machine at the Desert Inn. Naturally, the casino set her up in one of its top suites and offered her champagne and caviar.8

Unfortunately, the Desert Inn suffered the fate of many of the older casinos in Las Vegas: it was imploded. Today, Wynn Las Vega and Encore Resort now sit on the land where Desert Inn once stood. If you’re superstitious, you might want to try the casino at Wynn or Encore.

Wynn Las Vegas is an iconic, curved high-rise on the Las Vegas Strip with 2,716 rooms ranging in size from 640 square feet to villas at 7,000 square feet. Together with the adjacent Encore Resort, the entire Wynn resort complex has a total of 4,750 rooms, making it the world’s sixth-largest hotel.9

Wynn Las Vegas has a 223,000-square-foot convention center, 76,000 square feet of retail space, a spa, a salon, a pool, and an 111,000-square-foot casino. If you like to golf, Wynn Resorts also has the only golf club on the Strip. The 18-hole, 7,193-yard, par-72 golf course was designed by world-famous architect Tom Fazio and resort owner Steve Wynn.

Encore Resort features a 2,034-room hotel that is ranked as one of the top 100 hotels in the world on the 2015 Gold List. Encore also has a 74,000-square-foot casino, 27,000 square feet of retail space, a spa and salon, five restaurants, seven bars, and a nightclub.

1. Excalibur

Back in March 2003, a 25-year-old software engineer from Las Angeles won $39.7 million after putting $100.00 in the Megabucks slot machine at Excalibur. The winner, who wished to remain anonymous, beat odds at the time of one in 16.7 million to take home the largest jackpot in Las Vegas history.10

Excalibur isn’t just a name—it’s a way of life. On the south end of the Las Vegas Strip, Excalibur is a Camelot-themed resort linked to neighbouring New York-New York and Tropicana resorts by overhead pedestrian bridges.11

The hotel has 4,008 rooms, ranging from contemporary to guest suites. Amenities include shopping, four luxurious pools (including one for guests 18 years of age and older), a 13,000-square-foot spa, a fitness center, and, of course, the Canterbury Wedding Chapel.

The 100,000-square-foot gaming area consists of both table games and over 1,400 slot machines, including the ever-popular Megabucks progressive jackpot slot machine. The casino also has a poker room, keno, and pari-mutuel betting.12

So, what happens if lightning does happen to strike twice and you win big?

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In the United States, winnings of more than $1,200 from slots (or other forms of gambling, including poker, pari-mutuel, and sports betting) are considered taxable income and are subject to a 30% withholding tax. If you win $2,500 on the slots in Las Vegas, you’ll walk out with just $1,750. The IRS gets to keep the rest.

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If you’ve been to Las Vegas and had 30% of your gambling winnings withheld by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.

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Sources:

Best Payout Slots In Vegas 2020

1. “Where the Locals Play in Summerlin,” Rampart Casino at The Resort at Summerlin web site; https://www.theresortatsummerlin.com/gaming/index.php, last accessed May 1, 2015.

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2. JW Marriott Las Vegas Resort & Spa web site; http://www.marriott.com/hotels/travel/lasjw-jw-marriott-las-vegas-resort-and-spa/, last accessed May 1, 2015.

3. Spa Aquae web site; http://spaaquaelv.com/, last accessed May 1, 2015.

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4. “$22.6 Million Megabucks Hits at Bally’s Las Vegas,” IGT web site; http://www.igt.com/company-information/news-room/news-releases?NewsID=650269,
last accessed May 1, 2015.

5. Caesars web site; https://www.caesars.com/ballys-las-vegas, last accessed May 1, 2015.

6. Palace Station web site; https://palacestation.sclv.com/, last accessed May 1, 2015.

7. “Boarding Pass Players Club,” Palace Station web site; https://palacestation.sclv.com/Gaming.aspx, last accessed May 1, 2015.

8. Macy, R., “Woman plays $27, wins $34.9 million,” Las Vegas Sun web site, January 27, 2000; http://lasvegassun.com/news/2000/jan/27/woman-plays-27-wins-349-million/.

9. Wynn Las Vegas web site; http://wynnlasvegas.com/, last accessed May 1, 2015.

10. Norman, R.J., “Record jackpot claimed by Calif. engineer,” Las Vegas Sun web site, March 4, 2003; http://lasvegassun.com/news/2003/mar/24/record-jackpot-claimed-by-calif-engineer/?history.

11. Excalibur web site; http://www.excalibur.com/, last accessed May 1, 2015.

12. Excalibur casino web site; http://www.excalibur.com/casino/, last accessed May 1, 2015.