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Ever since the 1980s, casinos have discovered that they make more profits off their slot machines than they do from their table games. This is just as true of online casinos as it is of land-based gambling halls. In Las Vegas, where free drinks and loyalty rewards have long been used as inducements for slot play, the latest promotional craze is bragging about payback rates. Where are the biggest jackpots being hit? Who can offer the best slot machine odds?
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Famous for its dancing fountains, the Bellagio is all about extreme luxury and the thrill of the game, making it one of the most popular gambling stops on the iconic Las Vegas Strip. Caesars Palace This casino is associated with Las Vegas in the minds of many tourists. It has a massive floor boasting thousands of gaming machines, including some of the best Vegas slots as well as video poker and keno. If you’re looking for a particular game, the Caesars Palace website has a cool tool called the Slot Finder.
If you listen to Las Vegas locals, they say never play the slots at casinos that line Las Vegas Boulevard. “Strictly for tourists,” they will tell you. Then, they’ll point downtown where many of the city’s oldest casinos are grouped within easy walking distance from one another and add, “The best payouts are along Fremont Street.”
But what do the actual numbers say? Is Vegas street wisdom to be believed? And what to make of claims made by casinos themselves? Who really has the loosest slots in town?
Downtown vs. the Strip
Overall, slots generate nearly 60% of Nevada’s annual gaming revenues and almost twice as much as table games. The Nevada Gaming Control Board breaks down its Las Vegas slot statistics in two major tourist areas: downtown and the Strip. Additionally, there is a large locals market, which reports of gaming revenue classify as the Boulder Strip and North Las Vegas areas.
In the full fiscal year between July 1, 2011 and June 30, 2012, the payback percentages for all slots in Clark County were 93.51%. By area, the downtown paid back 93.47% and the Strip returned 92.62%, so there is a certain ring of truth to the locals’ claim. However, what goes unsaid is that North Las Vegas slots returned 93.91% and the Boulder Strip slots paid back 94.76%, so the best advice is to avoid the tourist areas and play where the locals play.
Compared to fiscal 2011, all of the areas except the Boulder Strip showed a slight reduction in paybacks in 2012. Slots located along Boulder Highway paid out exactly the same year on year; they include the machines of such popular casinos as Sam’s Town, Arizona Charlie’s, and Boulder Station, to name a few.
Odds by Slot Type
The Gaming Control Board statistics also indicate which slots pay out the best in order of the denomination of credit played. In fiscal 2012, Megabucks progressive slots showed the worst payback percentage overall, just 87.16%. However, the appeal of a massive jackpot obviously outweighs the poor odds during hard economic times, as Megabucks revenues rose 59% versus fiscal 2011—the biggest gain among all types of slots.
At the other end of the spectrum, the very best payback percentages came from high roller slots. Those accepting denominations of $5, $25 and $100 returned 94.67%, 96.52% and 96.30%, respectively—proving once again that it takes money to make money.
For those whose champagne tastes come with beer budgets, the most fruitful games are on the nickel and quarter slots, which also include video poker machines of those denominations. Fully 94.48% of all 25¢ wagers were returned in fiscal 2012. Coming in right behind were nickel slots, paying back 94.40%.
Many slot players enjoy multi-denomination slots, which were a reasonably good bet in 2012 with a 94.65% payback rate. Meanwhile, dollar machines were not bad performers, yielding a 94.42% return of the cash invested. Much less favorable to players were penny machines, returning just 89.33%—the worst bet other than Megabucks.
What About Other Games
If slots aren’t your cup of tea, and you much prefer real money blackjack, then visit our dedicated page to online blackjack. United States Blackjack typically affords better odds than the slots, especially if players are willing to learn card counting. Bet your real money wisely with the tips you garner from reading legitimatecasino.com.
Who’s Really #1?
For those looking for a specific casino to frequent or a certain machine offering the very best slot odds, it is hard to separate the hoopla from the reality. The Gaming Control Board statistics do not reveal the results casino by casino or machine by machine. And the claims made by the casinos themselves have to be taken with a grain of salt.
For example, in 2010 the Palms Casino Resort launched a massive advertising campaign based upon the results of an “independent survey by the Las Vegas Advisor (that) indicates Palms’ slots and video poker returns are better than the average payback percentages in Nevada.” Their claim was that Palms’ slots were “28.278 percent looser than Clark County and 36.856 percent looser than the Strip.”
Not to be outdone, in 2011 the downtown’s El Cortez Casino shot back with advertising claiming that their slots were “39% looser than the Strip,” implying looser than the Palms’ slots by inference. Most lists of “hot slots” in Las Vegas mention the two properties as #1 and #2, but with three Megabucks jackpots awarded since 2004, perhaps the Palms deserves a slight edge. The El Cortez has paid no Megabucks winners to date.
You have a lot to look forward to in Las Vegas—bright lights, constant partying, and endless opportunities. You also face an ocean of slot machines in every casino on the Strip and anywhere else in the city.
In fact, you’ll find over 200,000 slot machines in Las Vegas alone. And not all of these slot games are the same. Some casinos offer better rewards through their players’ programs, for example. Others have looser slots (games with a higher RTP).
Here’s my list of the seven best casinos for slots in Las Vegas.
1 – Aria
Aria Resort & Casino is one of the most luxurious properties on the Las Vegas Strip, and it also has one of the biggest slot machine areas anywhere in the city.
On top of that, they have the biggest and best high roller slot machine parlor in the entire state. It even has its own name, Spin.
It’s an architectural marvel, too. Famed New York architect Peter Marino designed Spin, which has more amenities than some casinos. This includes a staff of butlers to cater to your needs while you play. The cashier’s cage is separate from the gaming, and the bathrooms are all private.
Have you ever seen a full-service dining room inside the slot machine area? And Aria doesn’t just cater to high rollers. The casino has over 2,000 slot machine games available, including popular titles like Wheel of Fortune and The Walking Dead. They also frequently host slot machine tournaments.
2 – Bellagio
A lot of people think of the Bellagio as the best place on the Las Vegas Strip to play poker, and they are right about this, of course.
But Bellagio is also one of the best spots on the Vegas Strip to find slot machine tournaments and a wide variety of slots games to choose from. Including video poker games and slot machines, Bellagio has over 2,300 different gambling machines to choose from.
And they’re available in multiple denominations, catering to both low rollers and high rollers alike.
Many of Bellagio’s slot machines feature progressive jackpots where you can win $1 million or more on a single spin of the reels. No one offers better live entertainment or dining either.
Also, since Aria and the Bellagio are both owned by MGM, membership at the slots club there means that you automatically have a membership in M life Rewards loyalty program, which is the players club at the following casinos:
- Aria
- Bellagio
- Delano Las Vegas
- Excalibur
- Luxor
- Mandalay Bay
- MGM Grand
- The Mirage
- Park MGM
- New York-New York
- Vdara
3 – The Venetian
The Venetian is famous for a lot of things, and one of those things is the varied selection of gambling machines available there. The casino has two floors worth of machines to choose from, and they have a great loyalty program.
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The Venetian also makes it a point of keeping the latest games on the floor, and they’ve done an excellent job of making sure they have newer games than some of their competitors. If you’re looking for games like the new Ghost Busters slots or the Game of Thrones slots, this is the place.
Like Aria, the Venetian caters to high rollers.
If you’re a customer here, you can even request your own brands of machine, and the casino will do its best to accommodate.
They offer butler service and a lounge where you can relax when you’re taking a break from the slots games.
If you’re a Gold or Platinum member of the Grazie loyalty program here, you get free transportation to and from McCarran Airport.
4 – The Golden Nugget
So far, this list has focused on slot machine games that cater to high rollers on the Strip. But not all the best slot machines are found on the famed Las Vegas Boulevard.
In fact, the payback percentages for machines in other parts of the city are usually superior to the glitzier properties on the Strip. And what better “other part of the city” is there than downtown?
The gaming floor at the Golden Nugget is huge, with over 1,000 gambling machines to choose from. They have some of the most varied games in the city, too. They carry the famous games like Wheel of Fortune, but they also have a bigger variety of “Buffalo” slots than almost any other casino.
They feature multiple progressive jackpot slots casinos, too. I’m one of those slot machine players who loves a good steak, so the presence of Vic and Anthony’s is a great reason to play here, too. It’s one of the 10 best steakhouses in the entire country.
5 – Sam’s Town
One thing you should be aware of about Las Vegas slots is that the payback percentage is lower on the Strip than elsewhere. The best places to play are older casinos that are a little off the beaten path.
Sam’s Town fits the bill nicely. What it lacks in luxury, Sam’s Town makes up for with high payout slot machine games.
One thing that Sam’s Town offers that isn’t available at other Las Vegas casinos is an online listing of the slot machine games they have available. You can search their database by denomination, type of game, or keyword in the game title.
Be warned, though, Sam’s Town is not your traditional Vegas experience. It’s older and a bit cheesier. It’s probably a more appropriate casino to stay at if you’re older or maybe if you have young children.
As far as the better payback percentages go, that’s worth a visit.
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The payback percentage for a casino is the AVERAGE of the slots on the floor. You might play a game with a 75% payback percentage, while your mom might be playing on an identical machine next to it with a 95% payback percentage.
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And since the house has the edge, if you play either game long enough, you’ll eventually lose all your money.
6 – Excalibur
If you’re more interested in payback percentage than glitz and glamour, you should look at some of the older properties on the Strip. Circus Circus and Excalibur both count, but Excalibur’s more recent renovations make it somewhat more palatable to the modern gambler.
Excalibur is old enough and low rent enough that they can afford to offer some of the best payback percentages on the Strip. And if you’re not a high roller, you should consider trying the slots here.
They have plenty of penny slots, and even their most expensive game tops out at $100 per spin—a far cry from the $5000 max at some of the other casinos in this group on the Strip.
That’s right. Excalibur is also owned by MGM, so you get to participate in the same huge slot club as most of the other casinos on this list.
7 – Downtown Vegas in General
Rather than close out this list with another casino recommendation, I want to recommend the Downtown Vegas area over the Strip for its selection of unusual slot machine games in various areas.
For example, the biggest slot machine in the world is the SlotZilla zip line. And when I say “big,” I’m being literal. It’s 128 feet tall. You zip down Fremont Street Experience on one of two lines, and the game has a huge video screen with reels and an animated arm to pull.
You can also view antique slot machines at the Main Street. They’re beautiful and well worth seeing. You’ll find them near the registration desk.
Many of the Downtown Las Vegas casinos offer huge, oversized slot machines. One place to find them is on the second level of The D. You’ll have to take the escalator to see this one. Also, you get to play for real coins here, which is a nice change of pace for old-timers who remember being able to cash out with a huge bucket full of coins.
You’ll also find a huge slot machine in The Golden Nugget.
Conclusion
Those are my picks for the seven best casinos for slots in Las Vegas. Do you disagree with my choices?