- Las Vegas Penny Slots 2020
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Nov 12, 2020 Best slot machines to play and casinos of Las Vegas November 12, 2020 November 12, 2020 eleonoresa Appeared in the 1880s from the easy hand of the inventor Charles Fay, “one-armed bandits” in the long history of evolution have managed to become the most popular format of gambling entertainment in the world. Jan 29, 2021 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). Oct 19, 2020 Of course, not all of us will be able to fly over to Las Vegas to play some of the lucrative casino slot games that are available. However, the advancements in technology means that you will be able to play on some of the most popular slots on Vegas sites such as Caesars and MGM. Palms Casino Slots. The Palms is mostly known for being an upscale casino/resort, but they also carry a reputation for featuring some of the loosest slots in the city. In fact, a study done in 2001-2002 by Michael Shackleford actually found that the Palms had the best return on nickel slots – 93.42% – of any casino in all of Las Vegas 1.
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.
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.
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.
Las Vegas Penny Slots 2020
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.
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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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