Which slot machines payout the most? Which slot machine has the best payback? How do I find out the best payouts for slot machines?
I get asked these questions all the time, so I decided to do something about it and find some answers.
The questions every slot machine player should be asking before they choose their casino to play at is, “What slot machines have the best payback percentage and what casinos offer the highest payback slot machines?” Usually, if a slot machine has the highest payback percentage, then it is also the best slot machine to play in the casino.
What a payback percentage means is for every dollar a casino takes in on their slot machine, it is the percentage of that money that they payback to the customer.
Casino X takes in $100,000 in revenue from their $1 slot machines in May, 2010.
Casino X pays out $90,000 to players playing $1 slot machines in May, 2010.
Casino X has a 90% payback rate in May, 2010.
Video poker players have it easy, all they have to do is look at the paytable on the machine and they can figure out the best payback percentage.
Slot machines aren’t that easy. There is no way to tell by just looking at the machine. Every casino tells the manufacturer what percentage payback they want each slot machine set at, and it isn’t posted on the machine. So what do you do?
Well, this is where I come in. Casinos across the country have to report each month to their gaming commission or gaming board their “numbers.” States can be different, but in general they report how much money they’ve taken in and how much they’ve paid back. From that you can get their payback percentage.
I’ve taken all this data and broken it down by state, casino, and denomination, and I’ve recorded it all on my author website.
Here’s an example of some actual numbers for April, 2012.
1. Harrah’s 98.2%
2. Tropicana 95.2%
3. Trump Plaza 95.1%
WORST: Showboat 86.2%
That’s a HUGE difference. If you were playing the 50-Cent slot machines at Harrah’s instead of Showboat you had a MUCH better chance of winning.
I took on the tedious task of recording all of the slot machine information that is available from throughout the country and put it into charts just like the example above, broken down by each state.
All the information is updated on a monthly basis.