When it comes to the casino that has the loosest slots in Vegas the only evidence we could find was the table ranks of Las Vegas casinos according to the looseness of their video slot machines. The returns are based on sampling only five different types of machines, although the information is dated and goes back more than two years. Occasionally, online casinos are required to publish their payouts to the public. This lets gamblers know which casinos are offering the loosest slots online–or any other game, for that matter. Once again, this can deviate a great deal from one day to the next, one month to the next, and one year to the next. The ultimate goal for a slot player is finding a loose machine amidst the vast sea of machines on the casino floor. Some equate the task equal to finding the proverbial needle in a haystack while others concede it is more like looking for a pot of gold at the end of a rainbow. Players dream of finding a loose slot machine but few achieve their goal.
It does not matter if you are gambling at the Las Vegas Strip hotels or online at a casino site, players are always looking for an edge. Anyone who does gamble knows that there is a built-in house edge for any real-money casino game. That is how casinos earn a profit on the total gaming revenue they take it. Indeed, the casinos pay the players. However, not before the house takes its cut. In this article, we will discuss ‘how to tell if a slot machine is loose’.
The topic of loose slot machines was recently covered by Kristy Totten on the Nevada website . The concept of a loose slot verse a tight one has to do with the machine’s payout rate. Both land-based and real money online casinos know that if their house edge is too high for slots play it could cost them over time. In direct contrast, setting the edge lower, or loosing up the machine, could have an adverse effect on their overall bottom line.
So, Can Players Detect a ‘Loose ‘ Slot Machine?
Slot machines account for a large percentage of the revenue any casino takes in. This creates a fine line between payout rates that are too high or too low. Anthony Lucas is a professor of hospitality at UNLV. He was quoted in this report as saying;
Putting a higher house-edge game in the casino
“There becomes this issue of, ‘if I put a higher house-edge game in, I might make more revenue in the short run but in the long run, I might damage my brand and chase off all my players if they can tell I’m sort of price gouging.”
Identifying tight and loose slots games
This brings up the whole idea of players identifying tight and loose slots games. Lucas was part of a team that conducted actual research into the matter. The goal was to determine if players can really tell the difference between the two. The study involved two separate but identical slot machines placed within a few feet of one another. They were placed in repeat market casinos, which cater to regulars as local customers. One house edge was set at five percent and the other was set at 10 percent.
How To Find Loose Slot Machines
Lucas added, “And what we find is that the high-house edge games actually win quite a bit more than the low-house edge games.” He noticed that players choose to play that machine more frequently than the looser machine. His observation noted, “There is no reason for players to play that game and yet-they still do.”
His overall conclusion was, “So the problem is players don’t have enough money, time or interest to play the game long enough to ever tell.” This experiment was conducted in land-based casinos over a wide spectrum of locations from Australia to Mexico, including Las Vegas. The conclusion from the study suggests that casinos could be making even more money with tighter slot machines. This is especially true in casinos that cater to regulars more so than tourists.
Professor Lucas feels confident that tighter slots verse looser slots cannot be detected. However, there is always the chance that players will still believe they can detect the difference between the two.
• Source: Can Players Tell Whether Slot Machines Are ‘Loose’? From Knpr.org On January 25, 2019.
Locate Slot Machines At Casinos
Tagged with: Real Money Online Slot Games • Slots
Wouldn’t it be great to know the loosest slots in any Las Vegas casino? Well, you can, and it’s easier than you might think.
A “loose” slot, of course, refers to a machine that pays out frequently and in large quantities, every player’s dream. Those machines are also described as being “hot.”
In the parlance of casinos, loose slots can be said to have the lowest casino “hold.” The hold percentage is the part of a machine’s “coin in” that the casino keeps. Hey, these casinos aren’t going to carpet themselves.
The lower the hold percentage, the more a slot machine pays back to guests. The secret to finding the loosest slots in a casino, then, is knowing which machines have the lowest hold percentage.
Many believe this information is a closely-held secret, but here’s an easy way to find out which slots are the loosest: Ask someone who knows.
Crazy, right? Every casino with slot machines has a Slot Manager, often called the Slot Operations Manager. This person, who you will never see without a suit and tie (yes, they tend to be male), knows precisely what the hold percentages are for given machines, or more typically for banks of machines.
It’s the Slot Manager’s job to monitor how machines are performing, if they’re delivering sufficient profit to the casino given the space they take, if new machines are needed, where they should be placed on the casino floor and myriad other duties.
If you want to know which slots in a casino are the “loosest,” simply ask a Slot Manager.
These are some of the loosest slots at The D Las Vegas. How do we know? We asked.
How To Find The Loosest Slot Machines In Shreveport
Here’s how.
Ask anyone on the floor if the Slot Manager is available to chat. Slot attendants and cocktail waitresses can be very helpful tracking them down. Hint: Be professional and courteous.
Introduce yourself to the Slot Manager and let them know you’re interested in locating the slots with the lowest hold percentage on the floor. Slot Managers are busy people, so while there’s no harm in schmoozing, don’t be shy about getting to the point.
In most cases, a Slot Manager will either point you toward a bank of machines or escort you there. Express your appreciation accordingly, and it’s time to play!
That’s it. No, really. It’s that easy.
All this begs the question: Why would a casino employee tell a player the best-playing slots in the casino?
Simple: Casinos just want people to play, they don’t care which machines they play on.
Why? Because no matter which machine you play, the house has the advantage. It’s built right into the machine’s microprocessor. Even if a machine has a great payback percentage, say 98%, it will keep $2 for every $100 put into the machine. Many machines keep significantly more.
As a rule, slots are looser at locals casinos than downtown casinos, and both pay back more than slots on The Strip. The more you know.
Now, if you can’t locate a Slot Manager, you can fall back on tried-and-true ways to find the best-paying slots.
A solid rule-of-thumb is the more active a bank of slots is, the higher the payouts tend to be. Casino regulars see patterns, so follow their lead.
It’s also good to know that the higher the machine’s denomination, the more generous and frequent the payouts. For example, a $5 coin machine is going to have a higher payout percentage than a quarter machine, and so on.
And finally, don’t discount the advice of those slot attendants and cocktail waitresses we mentioned. They, too, can see patterns in machine payouts. They may not be privy to the same information a Slot Manager has, but they can often point you toward the machines showing signs of being “hot.”
The next time you’re in a casino, remember our simple tip for finding the loosest slots: Ask a Slot Manager.
And remember to have fun when you play. That way, whether Lady Luck is in the mood or not, you’re always a winner.