The best slots in Vegas can be found at many of the top hotels and casinos in Las Vegas, Nevada. Even the best slot machines in Vegas still give the house a significant edge but some offer a better return than others. Rarely do Las Vegas casinos advertise their slots odds, which is why this list. The best slots to play in Vegas will obviously and most importantly depend on your personal taste, if you enjoy the less complicated then the classic range are the perfect ones to seek out. For players who love actions, tons of bonuses and big payouts it is a toss between video slots and progressive jackpots. The Rivera, Harrah's, the Luxor, and Mandalay Bay are among the hotels on or near the Las Vegas Strip with the best slots, while off-strip locations like Main Street Station, Binion's, Four Queens, and the Golden Nugget are also reportedly top destinations for hot slots. Typically, slot machines have paybacks of between 75% and 98%.

1. Best Slot Odds Las Vegas
2. Best Slot Payouts In Las Vegas

RTP comparison reveals the best paying slot machines in Nevada.

When it comes to gambling, people have developed conceptions over theyears as to how and where they can achieve better odds of winning.Some say it’s the games you play. Others say it’s the casino in whichyou play them. I (and everyone else with a higher education ingaming) say it’s both. But if there’s a specific game you want toplay, location is everything!

I’m talking specifically about slot machines. Everyone knowsthese aren’t the best paying games overall. If you want the highestpossible RTP, you have to play blackjack or video poker with aperfect strategy. That takes time and mental energy that some playerssimply aren’t willing to expend.

Slots fans play for the simplicity and entertainment value above allelse. For these players, you won’t convince them there’s a betteroverall game out there. And since choice of game is out of thequestion, location becomes the primary focus. And with that, we’vedrug up statistical data that reveals…

…the best paying slot machines in Nevada.

Las Vegas, Nevada is the gambling mecca of the westernhemisphere. When we think of casino hubs, The Vegas Stripis the first place that comes to mind. But it’s not the onlyplace in the Silver State that caters to gamblers. There’s many more– some more famous than others. Downtown Vegas, North Las Vegas,Reno, Carson City, Henderson, Laughlin, Boulder Strip, SilverSprings, the list goes on and on.

When you compare the best paying slots from one area to the next,there are two locations that rank highest, appearing consistently onthe list more than any others, Downtown Vegas andBoulder Strip. And then there’s the two obvious choicesto compare – Las Vegas and the Las Vegas Strip.

If you think Las Vegas and The Strip are the same thing, think again.As far as reports from the state’s gaming regulators are concerned,Las Vegas refers to the casinos that are “off the Strip”.Downtown Vegas is the area North of the Strip, including FreemontStreet. The Boulder Strip isn’t a single location, but rather aseries of 30+ casinos that appear along a long strip of the BoulderHighway, from Downtown Vegas to Henderson and beyond.

Now that you know where they are, let’s compare the average slotmachine RTP (return to player) between these four locations, based onrecent data from the Nevada Gaming Control Board (NGCB). For absoluteaccuracy, we’ll divide the payout ratios by coin denominations (pennyslots, nickel slots, quarter slots, etc).

Highest Paying Slots by Denomination

Best Paying Slots are Off The Strip and Off theGrid

The table above clearly shows that the Las Vegas Strip is, in fact(and as rumored), the worst place to play slot machines. The bestpaying slot machines in Nevada are found on the Boulder Strip, withOff-Strip casinos in Las Vegas coming in a close second.

Best Slot Odds Las Vegas

Not surprisingly, the penny slots are the worst of all. No matterwhere you play them, the best average RTP in the reporting period wasonly 90.88%. The highest average, 96.41%, was found on quarter slotsin off-Strip Las Vegas casinos. But overall, Boulder Strip casinoshad the highest RTP average out of all categories.

On a final note, you’ll find similarly high RTP slot machinesentirely off the grid. The online casino industry is famous forhousing the highest paying slots of all. For the month of May 2019,RoyalVegas Casino recorded an average slots RTP of 96.87%. That’shigher than any of the slot machine RTPs recorded by the NGCB in asimilar time frame.

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Las Vegas Slot Payouts

Here is a list of different slot payouts from all the different Las Vegas casinos:

Pay Out Comparisons, Brick Casinos Vs Online Casinos

There are some obvious key differences between playing slots in a brick and mortar casino and playing slots in an online casino. A brick and mortar casino offers perks such as the flashing lights of the machines, free drinks for players, and an exciting atmosphere. An online casino competes with this by offering large signup bonuses and loyalty rewards for players who stick to one company. However, not many people know that the percentage pay out also varies between a brick and mortar casino and an online casino. Not only does the percentage pay out differ between online and physical casinos but it also varies from slot game to slot game! You can try playing latest online slots for free at casinogames.ca/slots.

What is a Pay Out Percentage?

To understand the differences between pay out rates of a brick and mortar casino and online casinos, one must first understand exactly what a pay out percentage is. The pay out percentage is essentially an estimate of what a player can expect from a slot machine in terms of pay out. Slot machines are programmed to pay out winnings as a percentage of all the wagers that are paid into the machine by players. However, it is important to remember that the machines are still random and the pay out percentage covers the lifespan of the machine. This means that putting $100 into a slot machine with a 90% pay out percentage doesn’t guarantee a $90 return! These percentages can vary quite significantly between a brick and mortar Las Vegas casino and an online casino. For example in a Las Vegas casino, the average pay out percentage range is 86-93% whereas an online casino offers an average pay out percentage range of 95-98%. Thats quite a significant difference! Payout ratio is scientific metric, also common language in the investment and financial world.

Why Does the Pay Out Percentage Vary?

Best Slot Payouts In Las Vegas

As you can see above, there is quite a significant difference between the brick and mortar casinos in Las Vegas and online casinos in terms of pay out percentage. The main reason for this is that physical casinos in Las Vegas have much higher operational costs and overhead expenses. They operate in a physical building which requires rent and maintenance as well as employing staff and other general expenses. Online casinos on the other hand have very low operational costs and most of the profits are re-invested into the company in the form of marketing and bonuses. You can see this in the online casinos reviewed at BestCasinosCanada comparison site with many sites there offering new players welcome bonuses from $1000 up, sums which Las Vegas casinos can't match.

The remaining money from the pay out percentage is known as the slot hold percentage and is the equivalent of the casinos house edge or hand rake in poker and other games. If a slot machine has a pay out percentage of 90%, the amount of money taken by the casino is 10%. So, for every $100 wagered, the casino retains $10 and the machine pays out $90. So, brick and mortar casinos in Las Vegas take an average of $7-$14 per $100 wagered, whereas online casinos only take an average of $3-$5 per $100 wagered. Although this may not seem like an awful lot, it can add up quite quickly.

Which Slot Games Offer the Best Pay Out Percentage?

Another aspect of pay out percentages in slot machines is the type of slot that you are playing. Each slot machine features a pay table which shows the probability of winning and the maximum winnings each machine will pay out. Brick and mortar casinos in Las Vegas generally have 3 reel classic slot machines which have a much lower pay out table and heavily favour the house. However, online casinos favour video slot machines with higher pay lines and a much better pay out probability. Slot games which are exclusively available in online casinos such as Thunderstruck II and Jurassic Park allow players to win on 243 lines with a host of features, wild symbols, and special mini games. Other exclusive online slot games such as Piggy Fortunes allow players to play 25 lines at one time, providing an excellent chance of winning on each spin. These online video slots combine a high pay out percentage of 95-98% with a high probability of winning on each spin, making them much more profitable than classic reels in brick and mortar online casinos.

Conclusion

When considering all the information, there is really no comparison between brick and mortar Las Vegas casinos and online casinos. In terms of pay out percentage, online casinos offer players a much higher chance of winning as the house takes a much smaller percentage of the money. Although brick and mortar casinos offer a different gaming experience with flashing lights, exciting sounds, and a general buzz, it is worth remembering that you are paying for that experience by sacrificing the probability of winning. For those players more interested in skill-games, you can find information on playing in Vegas here.