Casinos plugging their loose slots added loose video poker—a game on which the player can simply view the pay table and know the theoretical return. With players viewing actual payback numbers regularly, and with no need to use the visual stimulus of people winning as a way to merchandise the slot floor, payback percentage became, for casinos.
Loose slots are considered the slot machines that pay out more frequently than other slot machines. Loose slots are always the slot machines most popular with the players and are the most sought after. Of course any player will seek out and play a game that frequently rewards them. Who wants to spend money on slot machines that doesn't offer wins? Without the loose slots, casinos would be rather boring to those of us who enjoy the win.
These slot machines are in existence for two reasons. A casino that claims 98% payout on slots must have these slot machines to avoid accusations of false advertising. Secondly, happy players with winnings will draw more players and excitement to the casino floor. Loose slots vary from day to day due to the random number generator within the computerized slot machines.
Are loose slots fact or fiction?
This really all depends on the slot machines. Some of these games have a higher payback and better odds. These slot machines are considered loose because a player could expect to see a better ROI than if they were to play low paying slots. If a sign says there is a 98% payback, you know it is a loose slot machine. This doesn't mean that if you play $50 that you will win $48. This means over a period of time (thousands sometimes millions of spins) the pay out will be 98%. Anything is possible during the time you are playing a machine. You could lose all of your cash or hit a jackpot. It isn't that hard to find the better paying slot machines in a live casino, with some patience and a little detective work.
Where are the loosest slot machines?
Casinos want their players to see each other winning jackpots. The excitement of a winning jackpot draws other players to the slots. This is similar to the super bowl ads you see during the big game. The more exposure received means more people will see it and buy into the hype. That's right, the casinos do this too. Think about it like this, you are on your way into the restaurant and a player hits a $5,500 jackpot. You can't tell me that you wouldn't want to play the slot machines after dinner! Who wants to see a show or go to the gift shop when the slots are hot? For this reason, most people believe the loose slot machines are close to the high traffic areas such as restaurants, entrances, and shops- most likely areas where the winning slots can be viewed by others. On the other hand while players are likely to find loose slots near high traffic areas it is doubtful that they will find them near the gaming tables like black jack or keno.
Listed below are just a few ways to find the loose slots.
- Look for a slot machine that is visible from many directions and that is centrally located in the casino. When players see others winning it encourages them to keep trying for a jackpot. This is generally where the casinos place their best slot machines.
- Ask a casino worker such as a change person or waitress. These people are in the casino all day everyday and will usually tell you which slots are paying out more than others. This small bit of information just might bring you a big win.
- Chat with the other slot players. Find out if they are in the casino on a regular basis and which slot machines they prefer. There is a good chance that they know where the loose slots are.
- Watch for the winners. The people toting large trays and buckets full of coins. This is a good indication that they have won steadily and may be at a loose slot machine. Stay nearby and get the machine when it is available.
How To Find A Loose Slot Machine In A Casino Slots
Loose slots are not just in land casinos, online casinos have them too. When you're playing online slots, look for the page that brags about jackpots being won, this might help you determine what slots are the loosest.
A slot machine is loose when it pays out a lot of money. It also needs to do this often to be considered loose. You’ll see some writers say that a loose slot machine is one with a high payback percentage, but that’s not enough to qualify as loose. It also needs to have low volatility.
What’s the difference?
The payback percentage is a function of how much the prizes pay compared to how often they hit. I could create a slot machine that pays off only one prize every million spins and that pays off 1.2 million coins when it does.
That machine would provide the player with an edge, a payback percentage of over 100%, but it still wouldn’t be a “loose” machine. In fact, it would be one of the tightest machines in the casino, because it only hits on average once every million spins.
That’s what volatility means when you’re playing slots. The more often a game hits a winning combination, the less volatile the game is. Most slot machine games have a hit ratio of around 30% or so now, which means that you’ll see some kind of win about 1/3 of the time.
Winning slot machines site youtube.com. The size of the wins is small enough that the game still makes a profit for the casino.
Your goal should be to find the loosest slot machines you can.
The Best You Can Do Is Estimate
The math behind slot machines and other gambling games is based on long-term results, not short-term results. You can make some guesses about the settings for a game based on short-term results, but they’re not necessarily accurate.
Here’s one way you could measure the hit ratio for a slot machine game, though:
You could track how many spins you make, and also track how many of those spins resulted in a win. That would provide you with the actual hit ratio for that session.
For example, if you made 300 spins on a slot machine over the course of half an hour, and you saw 100 winning spins, you had a hit ratio of 33.3%.
If you only saw 50 winning spins, your hit ratio would only be 16.67%.
The game with the 33.3% hit ratio is probably “looser” than the game with the 16.67% hit ratio.
The Concept of Naked Pulls
Years ago I read a book about strategy when playing slot machines by John Patrick. It’s a terrible book, and I don’t recommend it.
But he did offer one concept that I thought was interesting:
The naked pulls concept.
A naked pull is one in which you get no winnings at all.
Patrick’s advice is to quit playing a slot machine once you’ve had a certain number of naked pulls in a row. I don’t remember if the number he suggested was 7 or 9, but it was something like that.
Here’s the thing, though:
A slot machine could have a hit ratio of 50% and still see 7 or 9 losing pulls in a row. It won’t happen often, but it will still happen several times a day just because of random variance.
Slot machines aren’t set on times or cycles. They have a random number generator which determines how often a winning symbol gets hit, but it doesn’t have a memory of what happened on previous spins.
Every spin of the reels on a slot machine is an independent event. This means that it isn’t affected by the previous spin.
Some of the time, if you walk away from a machine that has had several losing spins in a row, you’ll have avoided a tight machine.
Other times, you’ll just be walking away from a loose machine for no reason other than short-term variance.
What’s More Important? Hit Ratio or Payback Percentage?
Deciding which of these 2 factors is more important is more about your temperament as a gambler than anything else.
If you’re impatient and don’t want to lose a lot of money fast, you should look for a game that seems to have a high hit ratio. I’ve played slot machines in land-based casinos which hit 40% of the time while I was there. I didn’t walk away with a lot of winnings, because the sizes of the prizes were low.
How To Find A Loose Slot Machine In A Casino No Deposit
But I didn’t lose a lot of money, either.
How To Find A Loose Slot Machine In A Casino Jackpot
You could find a game with a hit ratio of only 20% that has a payback percentage that’s 5% higher than a similar machine with a 40% hit ratio.
You can’t really rank these 2 factors in importance, because they fall into a relatively narrow range.
Most slot machines have a hit ratio in the 20% to 35% range, and their payback percentages fall in the 75% to 95% range.
The payback percentage has the bigger range, but it’s impossible to calculate with any degree of statistical confidence.
How Would You Calculate a Payback Percentage for a Slot Machine Based on Your Actual Results?
The math behind calculating a payback percentage isn’t hard. You just calculate how much money you’ve wagered in a machine and how much you have left when you’re done. The amount you’ve lost is divided by the amount you’ve wagered to give you the actual payback percentage for that session.
I did this as an experiment not long ago. I played a slot machine for $1.25 per spin over the course of 400 spins. It’s easy to see how much I wagered in that scenario – it was $500.
When I finished playing, I had lost $100, which meant that I’d gotten $400 back in winnings from the game.
This means I lost 20% of what I wagered, which would be the game’s “hold.”
The payback percentage was 80%.
What does that say about how loose or tight the game is?
Maryville slot machine rentals. Not much.
When you’re calculating things like payback percentage and house edge, you’re calculating statistical events. Online casino games free slots.
And if you’ve read much of what I’ve written about probability and gambling, you already know that in the short run, anything can happen.
If I’d finished that session with $600 and a net win of $100, I’d have seen a payback percentage of 120%, and I can promise you one thing:
That’s NOT the long-term expected payback percentage for that slot machine.
It can be a fun exercise to keep up with your actual payback percentage over time. If nothing else, it slows down the number of bets per hour you’re making, which will have the indirect effect of reducing your average hourly losses.
Some Tips for Finding Loose Slot Machines
The problem with offering tips for finding loose slot machines is that many of them are based on pure conjecture.
For years, everyone suggested that you play the slot machines closest to the walkways in the casino. The premise was that some slot machine technician had suggested the managers put the loosest machines there so they could attract more gamblers.
This is a myth that has since been dispelled.
Another piece of advice you’ll often see is that you should play flat-top slot machines instead of progressives. In this case, I lean toward believing this one. You could play a progressive slot machine where the jackpot is high enough that you could have an edge over the casino, but it would still be tighter than a game with a 1000-coin jackpot.
Online casino legal in maryland. Here’s why:
In other words, if you’re not likely to hit the jackpot in your lifetime, it might as well not exist when calculating how loose or tight the game is.
You’ll also see people advise you to play for higher stakes. The idea is that the payback percentage goes up as the denominations go up.
How To Find A Loose Slot Machine In A Casino Slot Machine
This is likely true, too, but you still shouldn’t play for stakes you’re not comfortable with.
Conclusion
The best possible advice I could give you about finding a loose slot machine is this: https://ninairport3.netlify.app/planet-7-casino-no-deposit-bonus-codes-december-2018.html.
Give it up.
It’s virtually impossible to accomplish this goal.
Also, almost any other game in the casino will cost you less money in the long run than the slot machines will.
But if you are going to play, at least try to play the games with the flat top jackpots for the highest denomination you can easily afford.