Finding Loose Slots
Posted By admin On 13/04/22Loose Slots FAQ. There are plenty of myths online when it comes to finding loose slot machines so we’re hoping to clear up some of the confusion by answering five frequently asked player questions: 1) Are the loosest slot machines online or in real casinos? This is a pretty commonly asked question but is one with a very simple and definitive. Everyone who gambles on slots wants to know where the loosest slot machines are. After all, those are the slots that offer you the best chance of winning, right? In this post, I provide some insights into how to find the loosest slot machines. The Differences between Loose and Tight Slot Machines A tight slot.
When you play the slots you want to do your part to increase your chances of winning the jackpot. If you want to find a loose slot machine then you will find these tips to be helpful to you. The first thing you want to realize is the slots games do win at random and this means you should never count on a slot machine to produce certain results, but this doesn’t mean there aren’t some things you can do that will help you to increase your chances of winning. Below are 5 tips that will help you with finding loose slot machines to hit a jackpot.
- The first tip that will help you to increase your chances of hitting a jackpot is to time the machines. If you are in a land based casino playing the slots then you can simply sit near the slot machine you are timing and watch the results. However, you do want to make sure you are playing while you are timing that machine otherwise you can look like you are up to something and this will make the other players uneasy. If you are watching a certain machine and you see that it is getting a lot of attention and has yet to pay out a bog win then this is an indication that it should be getting close to paying out some nice wins soon. If this is the case, then you want to be the next person to jump on that machine when the person playing it steps away from it. If you are playing at an online casino then you want to watch for the announcements which many of the casinos post to let you know about recent big wins. If a slot machine has just paid out a large jackpot then you should give it some time before playing it.
- Another thing you want to keep in mind is the slot machines will have their cycles. There is not a game out there that will remain tight forever and at some point that machine is going to pay out big and you want to be the player that is playing it when this happens. If a game has been tight for a good length of time then it will reach a point where it will payout some nice sized wins, generally pretty much in a row. So, if you get on a game and it pays out a nice win don’t assume that is it and leave that game, stick around for a while and see if it has more to give. Many times you will see that pattern happen which will lead to you seeing quite a few bigger wins in a row.
- You should stay away from playing the slot machines that aren’t popular with the players. You want to play a game that has been getting a lot of attention from players. It is the more popular games that have a better chance of becoming loose and offering you the results you are looking forward to. By getting on a stale and less popular slots game you can waste your money only to find that the machine has nothing good to offer you in the way of decent wins. Plus, these games tend not to be very entertaining and are generally the ones that lack those special features which add both more excitement and chances for you to win.
- Another tip you want to keep in mind is not to fall into a trap of playing a game for too long. If the game is just keeping you going and giving you enough wins along the way to give you a false sense of hope then you want to realize that the game may not be getting loose and should be one you should stop playing. The best way for you to approach a game that is doing this to you is to stop playing it for a while and return to it in a little while. The best way to think about this is it’s like you are letting other players loosen it up for you and then you are returning when it’s closer to hitting. You never want to sit at one slots game and watch it take your money all the way down.
- Another great tip you want to follow is to play the high limit slots games. These games may cost you more to play, but they also pay out more. Plus, they tend to pay out more often. However, you will really need to watch your bankroll when you are on the high limit slots. If you are a player who is used to playing the regular slots then you need to be extra cautious when you switch to the high limit games because your money will go much faster and if you don’t watch it closely you could be in for a big surprise. However, when you want to find looser slots games, these will be your best bet.
Conclusion
When you want to find the loose slot machines and hit a jackpot you should follow the tips listed above. Always make sure you start out with a good money management plan and follow it. You should also make sure you have a good time. This way, you will enjoy your time playing no matter what the results end up being. With so many different types of slots games for you to choose from you should find many of them that will meet your own individual slots gaming needs. Don’t be afraid to leave a game that isn’t winning and which you feel isn’t going to hit any time soon. A lot of players get trapped into thinking that it will be just their luck that they will stop playing the game and it will payout big as soon as they leave it and this can be a costly way of thinking.
Everyone who gambles on slots wants to know where the loosest slot machines are. After all, those are the slots that offer you the best chance of winning, right?
In this post, I provide some insights into how to find the loosest slot machines.
The Differences between Loose and Tight Slot Machines
A tight slot machine is one that keeps a high percentage of your money and doesn’t pay out a lot of money.
A loose slot machine, on the other hand, is one that keeps a relatively small percentage of your money and pays out a lot in winnings.
The idea behind learning how to find the loosest slot machines is that you’ll be more likely to win when playing these games at the casino. You’ll have an edge over the rest of the schmucks who are playing the tight slot machines.
I’d like to point out that ALL slot machines have a mathematical edge for the house – loose or tight. So, if you play the slot machines long enough, you’re guaranteed to lose all your money.
It’s like investing your money into stocks that are constantly losing share value year over year. It’s a losing game.
Whether the stock loses 5% every year or 10% every year doesn’t matter.
You can find something better to do with your money.
Payback Percentages and Hit Frequencies with Slot Machines
One way to think about how loose a slot machine is to think about how high the payback percentage for the game is. This is a legitimate way of thinking about the subject, too.
The payback percentage is a statistical estimate of how much of each bet the casino is going to pay back to its players in winnings. It’s always a number below 100% – the casino’s always going to generate a profit in the long run.
For example, if you’re playing real money slot machine games with a 95% payback percentage, in the long run, you’ll lose 5% of every bet you make. The curve won’t be smooth, though – you’ll see winning sessions and losing sessions, and your bankroll will go up and down.
But, eventually, if you play long enough, the curve will trend downward no matter how jagged it is.
Also, payback percentage is a long-term phenomenon based on the payouts and the probabilities of getting those payouts. The games are still random. In the short term, you can still get lucky and win – even on a so-called “tight” slot machine.
The other aspect of slot machine’s paybacks that a lot of gamblers consider is “hit frequency.” This is how often you get a winning result. One slot machine game might have a hit frequency of 20%, which means you’ll see a winning spin once every 5 spins or so.
Another slot machine game might have a hit frequency of 40%. This means you’ll see a winning spin twice every 5 spins or so.
You can play a slot machine with a low hit frequency that still has a high payback percentage, and you can also play a slot machine with a high hit frequency that has a low payback percentage.
The difference has to do with the size of the prizes. If the top prize is huge but almost impossible to hit, the game might have a high payback percentage, but the hit frequency might be really low.
It’s up to you to decide which aspect is more important when you’re thinking about how loose or tight a slot machine game is.
High Denomination Slot Machines
Casinos and slot machine manufacturers don’t generally label their games with payback percentage numbers, so it’s impossible to say with any certainty which games have higher payback percentages than others.
But we can make some generalizations based on public information.
In many states, casinos are required to report payback percentages to the public. Such reports are often categorized according to the stakes being played for.
A common repot for Nevada slot machines will list payback percentages based on the following categories:
Finding Loose Slot Machines
- Penny slots
- Quarter slots
- Dollar slots
- All slots
In Lake Tahoe, for example, penny slots have a payback percentage of 89%, while quarter slots have a payback percentage of 91%.
Dollar slots are even better, with a payback percentage of 93%.
This holds true just about everywhere I’ve read reports. The higher the denomination is, the higher the payback percentage is.
So, if you’re looking for the loosest slot machines, look for the games with the highest denominations.
The Effect of Denomination on Hourly Loss Rates
This doesn’t mean you’re not going to lose money. Let’s look at how much money you’re expected to lose per hour at these different denominations and payback percentages.
If you’re playing penny slots, you’re probably spending at least 50 cents per spin. The penny games require you to bet a specific number of pennies on a specific number of lines.
Finding Loose Slot Machines
At 50 cents per spin, you’re looking at wagering $250 per hour – assuming you make 500 spins per hour.
With a payback percentage of 89%, you’re expected to lose $27.50 per hour. That’s expensive entertainment.
Let’s say you’re playing the dollar machines, which have a payback percentage of 93%.
If you’re playing for 3 credits per spin, you’re putting $1500 into action per hour. Your expected loss on that action is $105.
Even though you’re playing the “looser” machines, you’re still going to lose more money in the long run than you would playing at the lower stakes.
Flat Top Slot Machines versus Progressive Slot Machines
A flat top slot machine is a game with a fixed jackpot. 1000 coins is a common top prize on a flat top slot machine game, although it varies from game to game.
A progressive slot machine, on the other hand, is a game where the size of your jackpot grows as you (and sometimes other players) keep betting. Such jackpots can approach life-changing status. Megabucks, for example, has a top jackpot that starts at $10 million.
Which kind of slot machine game is looser?
Here’s what you need to understand about progressive slot machines:
First, a tiny percentage of each bet is allocated to fuel that progressive jackpot. That percentage comes straight out of your payback percentage. Obviously, the machine can’t put money toward the jackpot and toward your winnings at the same time.
Second, the jackpot is a longshot – a big-time longshot. The probability of hitting Megabucks is so low that you could play for 40 hours a week for 50 years and still never hit the jackpot.
Third, even if the payback percentage for a progressive slot machine is relatively high, a chunk of that comes from the jackpot – which you’re extremely unlikely to ever hit. So, the effective payback percentage for the game is significantly lower than the numbers would have you believe.
Online Slot Machine Games
You’ll find plenty of websites quoting payback percentages for various casinos’ slot machine games. I spoke with someone in the industry one time who asked me, “Do you know where the website operators got those numbers?”
I told him no.
He replied, “Me neither. I know I didn’t supply any payback percentage numbers to my affiliates.”
My point is that you can’t believe the payback percentage numbers posted on affiliate websites. An affiliate website is one where the gambling information portal owner gets a percentage back from the casino in exchange for referring the player.
Many of these affiliates have high degrees of integrity. They work hard to screen casinos by reputation and only offer a quality product to their users. This doesn’t mean you can rely on their reports or tables comparing payback percentages.
Usually, the differences between one casino and another casino on such a table is minimal anyway.
If you’re going to play online slot machines, try this instead:Keep some records of how much you’ve gambled on a game and how much you’ve won or lost.
Your results won’t have much statistical validity at first, but if you keep careful records, you can begin to get an idea of which slot machine games at which online casinos really are looser than others.
The formula is simple, too. Track how many spins you make. Multiply that by the amount you’re wagering per spin.
That’s how much money you put into action that hour.
Then look at the difference between how much you started your session with and how much you finished with.
If you put $1500 into action and lost $150, the payback percentage for that game during that session was 90%.
It takes thousands of spins to get confident that your numbers reflect actual probabilities, but your numbers from doing these calculations will still be more accurate than the numbers you’ll find on some random website.
Conclusion
How can you find the loosest slot machines?
The best and easiest way is to find a site like American Casino Guide that offers reports on the payback percentages in various locations and at various denominations.
This is only of limited use, though, because the information applies to the casinos overall rather than to specific machines inside the casino.
But if you stick with the flat top slot machine games in the casinos with the highest payback percentages, you’ll have a better shot at finding the loosest slot machines.
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