Which Slots Have The Best Odds
- Appendices
- Slots Analysis
- Miscellaneous
- Which Slots Have The Best Odds Of Winning
- Myvegas Slots Best Odds
- What Type Of Slots Have The Best Odds
- Casino Slot Machines Odds
- Odds Of Winning On Slot Machines
- Which Slots Have The Best Odds
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Introduction
The following table ranks the Las Vegas casinos according to the looseness of their video display reeled nickel slot machines. The returns are based on a sampling of five different types of machines. The data collected goes back as far as October 2001 so the information is a bit dated.
Las Vegas 5 Cent Slot Survey
| Rank | Casino | Average Return |
|---|---|---|
| 1 | Palms | 93.42% |
| 2 | Gold Coast | 92.84% |
| 3 | Sahara | 92.81% |
| 4 (tie) | Bourbon Street | 92.63% |
| 4 (tie) | Imperial Palace | 92.63% |
| 4 (tie) | Slots a Fun | 92.63% |
| 7 | Key Largo | 92.60% |
| 8 | Western | 92.57% |
| 9 | Ellis Island | 92.56% |
| 10 | El Cortez | 92.56% |
| 11 | Orleans | 92.56% |
| 12 | Circus Circus | 92.56% |
| 13 | Gold Spike | 92.55% |
| 14 | Fitzgeralds | 92.54% |
| 15 | Fiesta - Rancho | 92.53% |
| 16 | Arizona Charlie's East | 92.51% |
| 17 | Barbary Coast | 92.50% |
| 18 | Terrible's | 92.49% |
| 19 | Arizona Charlie's | 92.49% |
| 20 | Hard Rock | 92.47% |
| 21 | Town Hall | 92.47% |
| 22 | Longhorn | 92.47% |
| 23 | Riviera | 92.23% |
| 24 | California | 92.14% |
| 25 | Lady Luck | 92.10% |
| 26 | Nevada Palace | 92.06% |
| 27 | Plaza | 91.94% |
| 28 | Luxor | 91.92% |
| 29 | Paris | 91.92% |
| 30 | San Remo | 91.88% |
| 31 | Excalibur | 91.84% |
| 32 | Palace Station | 91.84% |
| 33 | Ballys | 91.82% |
| 34 | Las Vegas Club | 91.76% |
| 35 | Four Queens | 91.75% |
| 36 | Texas Station | 91.71% |
| 37 | Casino Royale | 91.67% |
| 38 | Boulder Station | 91.55% |
| 39 | Aladdin | 91.5% |
| 40 | O'sheas | 91.48% |
| 41 | Hilton | 91.40% |
| 42 | Boardwalk | 91.28% |
| 43 | New York New York | 90.99% |
| 44 | Horseshoe | 90.96% |
| 45 | Sam's Town | 90.89% |
| 46 | Santa Fe Station | 90.87% |
| 47 | Flamingo | 90.86% |
| 48 | Golden Nugget | 90.85% |
| 49 | Stratosphere | 90.8% |
| 50 | Tropicana | 90.71% |
| 51 | Golden Gate | 90.64% |
| 52 | Silverton | 90.57% |
| 53 | Main Street Station | 90.56% |
| 54 | Westward Ho | 90.40% |
| 55 | Fremont | 90.37% |
| 56 | Castaways | 90.36% |
| 57 | Monte Carlo | 90.24% |
| 58 | Stardust | 89.97% |
| 59 | Frontier | 89.91% |
| 60 | MGM Grand | 89.81% |
| 61 | Harrahs | 89.32% |
| 62 | Treasure Island | 89.32% |
| 63 | Mirage | 89.3% |
| 64 | Caesars Palace | 89.05% |
| 65 | Mandalay Bay | 88.87% |
| 66 | Rio | 88.72% |
| 67 | La Bayou | 88.26% |
| 68 | Mermaids | 88.26% |
| 69 | Bellagio | 87.42% |
| 70 | Venetian | 86.66% |
| 71 | Airport | 85.02% |
Excluded Casinos
The Suncoast and Rampart Casino in Summerlin do not allow playing slots and taking notes at the same time. I can not include any casino that prohibits the method in which I gather data.
Location Averages
The next table shows the average return by location.
Returns by Region
| Location | Average Return |
|---|---|
| Off strip | 92.07% |
| Downtown | 91.66% |
| Strip | 91.47% |
| Total | 91.74% |
The above sign can be found across the street from the Palms. Although I did the study Anthony Curtis published it in the LasVegas Advisor, which is how it become well known. The'...' in the sign encompases quite a bit of information,which was conveniently left off the sign. Actually the study only says that the Palms had the lowest nickel video slotsof the casinos surveyed in Las Vegas. The small print at thebottom says, 'Independent study conducted between November2001-February 2002 on Austin Powers, Fortune Cookie, Reel'em In, and Wheel of Fortune games. They left off LeopardSpots, and the study began in October.
Observations
There seemed to be no truth behind slot placement myths. Machines on the end of a bank did no better on average than those in the middle. There was also no correlation between return and proximity to such things as the main door, table game pit, high traffic areas, and low traffic areas.
Which Slots Have The Best Odds Of Winning
Most casinos were very consistent in their slot returns.If one nickel machine had a return of x% then all others like it also returned x%. However some casinos did mix up loose and tight machines, most notably Treasure Island and the California casinos.
Methodology
A kind and anonymous source provided me with par sheets for the games in question. The EPROM (Erasable Programmable Read Only Memory) chip is what tells the machine the order of the symbols on the reel, in some cases how the stops are weighted, how much each winning combination pays, and any other pertinent information about how much the machine pays.It is up to the slot manager to select which EPROM chip to order according to the return percentage desired. On atypical game there might be about 8 different possible return percentages, ranging from about 85% to 98%.
Each of the different par sheets has five sets of distinct reels. On video display slots the stops are not weighted; in other words all stops are equally likely. The distribution of each symbol on each reel is what determines the theoretical return of the machine. For example a higher paying machine may have more of the higher paying symbols.
On the machine itself three consecutive symbols arevisible on five different reels. By comparing actualobservations of results to the par sheets it is possible todetermine which reels the machine uses, and thus which par sheet and which return. There are various three-symbol combinations that appear in at least one but not all par sheets. So if one of these combinations occurs on an actualmachine it narrows down the possible par sheets. By playingenough the player can narrow down the possible par sheets tojust one.
To help identify the unique combinations I wrote a computer program for each game, which had the exact reel order of all 5 reels of all the par sheets. The program then counted the number of par sheets with each possible three-symbol combination. If the number was greater than 0 and less than the maximum then that combination was identified along with the associated par sheets it belonged to.
It is then a matter of simply playing the game and comparing the outcomes to the list of partially unique combinations. It only takes about 5-10 plays per machine to narrow down the possibilities to just one par sheet.
The averages in the table are actually an average of averages. For each kind of machine at each casino I took an average return. Then I took the average of these averages over the five kinds of machines I tested for.
Slot Machine Definition
There is some confusion about what constitutes a 'slot machine' or 'slot.' My definition, and that of most gamblers, is a gambling machine with either actual spinning reels or video representations of the them.
People in the gaming business and regulators generally refer to a slot machine as any gambling machine, including reeled slots, video poker, video keno, video blackjack,etc.. For purposes of statistics both casino managers and regulators combine all the electronic gambling machines together. For example, the Slot Chart in Casino Player magazine and reports by the Nevada Gaming Control Board do not isolate just reeled slots but consider all electronic games a 'slot.' Therefore my return percentages should not be expected to agree with those reported by the casinos or regulators. As far as I know mine is the only source to isolate just the return of reeled slots.
Acknowledgements
I would like to thank Rob Feldheim for helping with the slot play and record keeping. Rob helped me with most of the casinos on the east side of town and part of downtown. I would also like to thank par Sheet Pete (not his real name)for providing the par sheets, without which this project would not have been possible.
Internal Links
Go to slot machine appendix3B (Jean/Primm slot returns).
Go to slot machine appendix 3D(Henderson slot returns).
Go to slot machine appendix 3E(Las Vegas quarter and dollar slot returns).
Go to slot machine appendix 3F(Montreal slot return).
Go back to slot machines.
Myvegas Slots Best Odds
External Links
The main-stream media has covered this study in depth. Here are links to some articles.
- Turning'em loose, an article that appeared in the Las VegasReview Journal on May 19, 2002, about the possible effectsof this study.
- One-Armed Bandit or Robin Hood?, an article by myself for Contingencies Magazine explaining the methodology, results, and weaknesses of the study.
- Play by the rules and the one-armed bandits will still win. Boston Globe article about slot machines, in which my Las Vegas survey is mentioned and my advice quoted. (cache)
Written by: Michael Shackleford
When players play any sort of gambling game they always want to believe the odds are in their favor. I mean, no one goes into gambling hoping to lose. But, how many players actually know what the odds are or how they are determined? If players want to know which games have the best odds, a good place to start would be to understand exactly what odds are.
Understanding the Odds.
The odds of a game, put most simply, is the probability that the outcome of the game will be in the players’ favor. For instance, when playing a game of European Roulette the probability of the ball landing on any specific number is 1 in 37. This means that the player has a 2.70% chance of landing their intended number.
When looking at the odds of any game players must also take into account the casinos’ profit margin, which is also called the house edge. The house edge is determined by the casinos RTP or Return to Player percentage. For Example, if a casino has a 98% RTP then their house edge would be 2%. This house edge often varies from game to game.
What Determines if a Game Has Good Odds?
So now that we have a brief understanding of what odds are, how do we know if the odds are good or not? Unfortunately, there is no clear-cut answer to this question. This is all relative to both the player and the casino they are playing.
How odds are determined also varies from game to game. For example, when determining the odds of a slot machine the payer would take into consideration the games RTP, Variance, and the casino’s house edge if they wish to get an accurate picture of what their odds are. With any card game though players would have to take into consideration the games RTP %, the house edge, and the number of decks in play.
Another thing that plays a significant role in determining if the game you are playing has favorable odds is the fairness of the game. In order for players to ensure that the odds are actually what the casino is claiming they are, they need to determine that the game is not rigged. A good way to do this is by making sure that the game you are playing is provably fair. These days most casinos are keen to prove that their games are provably fair and they will offer up the information willingly. By making sure you play provably fair games, you can feel confident in the fact that whatever odds you calculate are as close to reality as possible.
Casino Games With the Best Odds.
Even though odds are relative there are still games that traditionally have better odds across the boards than others. Below is a breakdown of some of the most popular online casino games and how their odds stack up!
Slots
What Type Of Slots Have The Best Odds
The first games that we are gonna take a look at are arguably the favorite amongst players, especially new players, and they are slots. Slots have not had a particularly good reputation when it comes to odds. The reason that slots are notorious for bad odds is because casinos take home two-thirds of the profit. This being said there are a couple of slots out there that offer players some favorable odds. Some of the games that offer the highest Return to Player Percentage include titles Mega-Joker by NetEnt and 1429 Uncharted Seas by Thunderkick that offer RTP% of 99% and 98.5% respectively.
Proprietary Games
A new genre of games on the market is Crypto Proprietary Games. Created using In-house software, these games can be found on crypto casinos. The way that the odds are determined is through provable fairness that is provided by the casino. Some of the proprietary games that offer the best odds are titles like Crash and Mines. Be sure to check the games RTP % and house edge though because each casino sets their own.
Table Games
The games that have arguably the best odd are definitely the table games. At the top of this list is definitely Blackjack. The reason that Blackjack has such great odds is due to the 0.5 percent casino edge offered at most casinos. This percentage does vary depending on which table you sit at but none the less it is some pretty great odds.
Casino Slot Machines Odds
Get Playing and Win Big!
As you can see there is no cut and dry answer to what constitutes good odds. That being said there are definitely a couple of games that offer players a better shot at winning big. Whether you are into slots or table games there are top odds games that will have you laughing all the way to the bank.