Best Casino Odds Slots

4/5/2022by admin

So who pays for those Volcanic eruptions? Pirate Battles? Carnival Parades? and Glittering Showrooms? Slot Machines. 60-65% of casino revenue is generated by those bell-ringing one armed bandits that seem to multiply on casino floors like rabbits. So how does the average player gain an advantage and possibly win? Well... aside from cheating (which we really don't suggest you get involved in) the only way to gain some sort of advantage is to choose your slots with utmost care and discrimination.

Las Vegas Casino Best Odds Slots
Best Casino Slot Machine Odds

Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives it? That is up to luck, but with a little investigation one can easily learn to identify which machines are more favorable to the player than others. Slot machines are all about the payout... Red White and Blue, Double Diamond, Dick Fucking Clark, Cherry whatever. At the end of the day what every slot player needs to do is look at the pay schedule on the machine they want to play. Very often the same machine one row over will pay 5,000 credits on 3rd credit jackpot while you're playing on a 2,000 3rd credit machine. Plain and simple you're cheating yourself.

Slot Spotlights

A few notable slot machines we here at VT have found more playable, or more interesting, than the other nonsense out there like Leprachaun's Gold or Tabasco Slots or whatever.

The odds are heavily against you winning that money though. Meanwhile, in the long run, the casino takes your dollar bills and gives you back less. So if you agree to participate in this weird transaction, the least you can do is to find the casinos and slot machines that give you back the most money. How to Find the Best Casino Slots to Play. The casino game Blackjack has the best chances of winning in every Vegas casino. The regular house edge for this game is just 1%, or for most online operators ‑ 0.13%, which is why the odds with Blackjack are so good. However, this game often leads to people getting banned from the casino, so be very careful when you play! Slots with The Best Odds While it may not be possible to use strategies to improve your chances of making a profit, your odds of winning can vary a lot with the games you choose to play. Winning At Slots - What Are My Odds? First of all you should know that slot machines, as with many casino games, are a type of game for which there is no “winning strategy” - technically speaking they are a negative equity game, or –EV game for short. Unlike a game such as poker (against real opponents, not vs. The house) where proper application of skill can make a game profitable in.

We like machines that have the best payouts on the lowest winning spins. These will keep you going longer between larger wins and not enact the ATM-In-Reverse principle seen at many of the larger joints (Venetian being the worst we've experienced).

100 or Nothing
Red, White and Blue
Slot Machine Jackpots Photo Gallery
Wheel of Fortune
Wild Cherry

Slot Machine Payback Percentages

Below are the slot payback percentages for Nevada's fiscal year beginning July 1, 2002 and ending June 30, 2003:

5¢ Slot Machines
The Strip - 90.32%
Downtown - 91.50%
Boulder Strip - 93.03%
N. Las Vegas - 92.97%
25¢ Slot Machines
The Strip - 92.59%
Downtown - 94.83%
Boulder Strip - 96.47%
N. Las Vegas - 96.63%
$1 Slot Machines
The Strip - 94.67%
Downtown - 95.35%
Boulder Strip - 96.48%
N. Las Vegas - 97.21%

$1 Megabucks Machines
The Strip - 89.12%
Downtown - 88.55%
Boulder Strip - 87.76%
N. Las Vegas - 89.41%
$5 Slot Machines
The Strip - 95.33%
Downtown - 95.61%
Boulder Strip - 96.53%
N. Las Vegas - 96.50%
All Slot Machines
The Strip - 93.85%
Downtown - 94.32%
Boulder Strip - 95.34%
N. Las Vegas - 95.32%

The Math of Casino Slot Machines

For every dollar you wager in a slot machine, you will lose 100% - Payback% of that dollar. For example, you're at Bellagio playing the $1 Double Diamond slot, wagering Two Credits ($2) per spin. According to the table, for every $2 spin you will lose 5.33% of that bet... just shy of 11¢. Granted these 11 cents don't get extracted instantly... this is computed over time. So if your bank roll limit is $10 it will take you, on average 52 spins before your bankroll is toast (under $1) and you are out of credits.

How was this number derived:

STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = STAKE x (Payback Percentages) = ...
Repeat calculation until the number gets below the minimum bet - if you play long enough, you're gonna go broke. THAT is a FACT. Slot machines are entertaining, relaxing, require little thought beyond pressing a button. IF you want to truly GAMBLE, you might want to look into Video Poker, and eventually Blackjack as other options.

Granted, sometime in there you just might hit that $500 win on the Wheel of Fortune, or The Elvis progressive might shake rattle and roll $1000 your way... but the math inside the machine determines that you will in fact lose a certain percentage of your wager on each spin, and the more you spin... the more you will lose despite short runs of successful jackpots. If you find you are UP... leave. Every spin of a slot machine generates a random number that has NOTHING to do with previous numbers. SLOT MACHINES do NOT run in streaks (even if you might wish to think they do). Don't expect to get any of the money you put into a machine out of it unless you learn to press the CASH OUT button.

Gamblers Library

VT fully recommends the following books to help you decrease the house advantage on casino card games.

Buy used from Amazon.com and save big bucks!

Introduction to Ohio Slot Machine Casino Gambling in 2020

Ohio slot machine casino gambling consists of eleven casinos. Four are stand-alone casinos with table games while seven casinos are pari-mutuel racinos with horse tracks and simulcast betting.

Ohio casinos have a minimum theoretical payout limit. Return statistics are publicly available.

This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

Keep Reading … or Watch Instead!

Or … Listen Instead!

Subscribe to my Professor Slots podcast at Apple Podcasts Google Podcasts Spotify Amazon Music Amazon Audible Gaana Stitcher Pandora iHeart Radio Tune-In SoundCloud RadioPublic Deezer RSS and everywhere else you find your podcasts!

Relevant Legal Statutes on Gambling in Ohio*

The minimum legal gambling age in Ohio depends upon the gambling activity:

Land-Based Casinos: 21
Poker Rooms: 21
Bingo: 18
Lottery: 18
Pari-Mutuel Wagering: 18

In 1933, an approved constitutional amendment legalized pari-mutual wagering at racetracks. The 1970s saw the arrival of the lottery and charity bingo. Social poker games have always existed, but the house must not profit from the game.

The original operators of Ohio’s four stand-alone casinos backed a proposed constitutional amendment. In November 2009, 52% of voters approved the constitutional amendment allowing one casino in the cities of:

Cincinnati
Cleveland
Columbus
Toledo

In addition to the usual fees and taxes imposed on Ohio businesses, the constitutional amendment required or specified:

A 33% tax on gross casino revenue
Distribution of the proceeds of the tax
A license fee of $50 million per casino dedicated to workforce development
An initial capital investment of $250 million for the development of each casino facility
The existence of the Ohio Casino Control Commission
The Ohio General Assembly would pass other laws to facilitate the operation of the casino gaming amendment
- A maximum of 5,000 slot machines at each casino facility
- There is no limit on the number of table games allowed

Subsequent changes in state lottery legislation allowed pari-mutual racetracks to begin offer video lottery terminal (VLT) style slot machines in 2012. These were the first racinos in Ohio.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in Ohio

It is legal to own a slot machine privately in the state of Ohio without restriction as to its date of manufacture.

Gaming Control Board in Ohio

In 2009, a constitutional amendment created the Ohio Casino Control Commission. Its website is comprehensive but only applies to slot machine casino gambling at Ohio’s four stand-alone casinos.

In 1973, a constitutional amendment established the Ohio Lottery Commission. The Ohio Lottery eventually became responsible for and controls video slot machines found at Ohio’s seven racinos. These pari-mutuel racetracks began adding VLT-style slot machines starting in 2012.

The state gaming commission offers significant resources for slots enthusiasts besides return statistics. For instance, enforcement provides quarterly and fiscal year gaming crimes and statistics including offenses by statute.

Casinos in Ohio

There are four commercial casino resorts and seven commercial pari-mutuel racetracks with simulcast betting as well as slot machines in Ohio.

The largest casino in Ohio is Eldorado Gaming Scioto Downs with 2,386 gaming machines in February 2020.

The second-largest casino is MGM Northfield Park with 2,183 gaming machines in February 2020.

Commercial Casinos in Ohio

The four casino resorts in Ohio are:

Hard Rock Casino Cincinnati found in downtown Cincinnati located 106 miles southwest of Columbus along the Ohio River near the borders of Kentucky and Indiana.
Hollywood Casino Columbus in Ohio’s capital of Columbus.
Hollywood Casino Toledo found 140 miles north of Columbus near the border to Michigan.
JACK Cleveland Casino found 144 miles northeast of Columbus near Lake Erie in downtown Cleveland.

The seven pari-mutual racetracks with VLT-style slot machines in Ohio are:

Belterra Park found 10 miles southeast of downtown Cincinnati on the Ohio River.
Eldorado Gaming Scioto Downs found 11 miles south of downtown Columbus.
Hollywood Gaming Dayton Raceway found 59 miles north of Cincinnati.
Hollywood Gaming Mahoning Valley Race Course in Youngstown found 68 miles southeast of Cleveland.
JACK Thistledown Racino in North Randall found 16 miles southeast of Cleveland.
MGM Northfield Park found 18 miles southeast of Cleveland.
Miami Valley Gaming in Lebanon found 30 miles north of Cincinnati.

Tribal Casinos in Ohio

Ohio has no tribal casinos as no federally-recognized American Indian tribes exist in this state.

Other Gambling Establishments

As an alternative to enjoying Ohio slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Ohio is:

North: Michigan Slots and Lake Erie
East: Pennsylvania Slots
Southeast: West Virginia Slots
South: Kentucky Slots
West: Indiana Slots

Each of the links above will take you to my blog for that neighboring U.S. state to Ohio.

Our Ohio Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in Ohio? If so, join our new Ohio slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Ohio. Join us!

Payout Returns in Ohio

Ohio’s Gaming Control Act section 3772.20 states that the minimum theoretical payout is 85% for slot machines at Ohio’s casino resorts. This same payout limit applies to slot machines at Ohio’s racetracks with slot machines thanks to the Ohio Lottery’s Video Lottery Game Rules.

Ohio’s five stand-alone casino resorts have return statistics publicly available from the Ohio Gaming Commission. However, Ohio’s seven racetracks with slot machines have their return statistics available from the Ohio Lottery. Both sources offer return statistics by:

Month
Casino
State-wide

In February 2020, Monthly Casino Revenue Reports from the Ohio Gaming Commission shows return statistics for the four casino resorts were:

State-Wide: 91.82%
Hard Rock Cincinnati: 92.03%
Hollywood Columbus: 92.06%
Hollywood Toledo: 90.97%
JACK Cleveland: 92.29%

The highest return for casino resorts went to JACK Cleveland at 92.3% while the lowest went to Hollywood Toledo at 91.0%.

In February 2020, VLT Fiscal Revenue Reports from the Ohio Lottery shows return statistics for the seven racinos were:

Las Vegas Casino Best Odds Slots

State-Wide: 90.79%
Belterra Park: 90.90%
Eldorado Gaming Scioto Downs: 90.48%
Hollywood Gaming Dayton Raceway: 90.71%
Hollywood Gaming Mahoning Valley Race Course: 90.20%
JACK Thistledown Racino: 90.64%
MGM Northfield Park: 90.97%
Miami Valley Gaming: 91.31%

The highest return for racinos went to Miami Valley Gaming at 91.3% while the lowest went to Hollywood Mahoning Valley at 90.2%. Overall, JACK Cleveland had the best return of any casino or racino in Ohio while Hollywood Mahoning Valley had the lowest.

Summary of Ohio Slot Machine Casino Gambling in 2020

Ohio slot machine casino gambling consists of eleven casinos operating under two gaming commissions. These casinos include four stand-alone casino resorts regulated by the Ohio Gaming Commission and seven racinos with pari-mutuel wagering and video-lottery-terminal (VLT) style slot machines regulated and controlled by the Ohio Lottery.

The minimum theoretical payout limit at all Ohio casinos is 85%. Each gaming control board offers monthly return statistics which are publicly available.

Annual Progress in Ohio Slot Machine Casino Gambling

In the last year, JACK Cincinnati has officially switched ownership to Hard Rock Cincinnati. Further, in Cincinnati over the last year, Boyd Gaming operates Belterra Park after this racino’s purchase in late 2018.

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