Slot Machine Odds Indian Casinos
Posted By admin On 14/04/22If that represents 10 percent of the money put in by players, assuming a 90 percent payback, then $130 million a day - $47.5 billion a year - is pouring into the machines. Tribal casinos submit annual independent audits, including slot machine payout, to the National Indian Gaming Commission, a federal regulatory agency. I've not had any desire to visit an Indian casino in Texas. These casinos have Class II slots that are controlled by a central computer, versus Class III found in Vegas which have random number generators. The Class II slots are bingo games in which the displays on the machine look like an RNG machine, but they don't work or payout that way.
CASINOS: Sovereignty keeps financial reports from state, public
November 24, 20033
By GUY KOVNER THE PRESS DEMOCRAT
© The Press Democrat
Patrons at California Indian casinos are pouring about $130 million a day into 52,600 slot machines. How much they are reaping in return and whether the payoff is better across the state line in Nevada is one of the central issues in the competition for the gambling dollar.
Nevada pays almost 95 cents of every dollar dropped into slots back to players, and it must account for every nickel in reports to the state. California has no such records, leaving gamblers at the state's 54 tribal casinos guessing and state policy-makers in the dark.
Indian casinos are located on sovereign territory, with most rules and enforcement handled by the tribes themselves. Their financial reports go to a federal agency, which doesn't share the details with the state or the public.
Tribal leaders say their casinos pay out as much as Nevada's. A Nevada gaming expert maintains the return is probably lower, but there is no independent verification for any claim.
'There's no way to know,' said Bill Thompson, gaming expert and professor of public administration at the University of Nevada, Las Vegas.
Millions of gambler dollars are at stake because slots, from nickel-a-pull games to progressive machines with multimillion-dollar jackpots, account for the bulk of casino gaming revenues: 67 percent in Nevada; 80 percent to 90 percent in California.
Some Nevada gaming analysts say their state's 185,000 slots are more generous -- 'looser' in gaming parlance -- than California's, contending that stiff competition drives Nevada's odds in the player's favor.
Nevada casinos advertise as much as a 97 percent payback, with some machines set above 100 percent, Thompson said. Casinos advertise the rates to draw customers, and the 100 percent machines are scattered on the casino floor.
Nevada's Gaming Control Board polices casino advertising and constantly checks slot machine performance, said Joanie Jacka, administrative coordinator for the agency.
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Slot Machine Odds Indian Casinos Play
The state won't allow anyone to claim the 'loosest machines in town,' Jacka said, because individual casino payback rates aren't made public. Nevada reports slot payback by area, such as Las Vegas, Reno and Tahoe, and by type of machine, from 5 cent to $100 games. 'Our machines pay the most of any in the United States,' Thompson said.
Atlantic City slots return 91 percent to 92 percent to players, and New Jersey doesn't allow casinos to advertise their odds, he said.
In contrast, California's 54 casinos enjoy what Thompson calls a 'local monopoly,' sheltering them from competition and allowing a slot machine payback he estimates at 85 percent.
A tribal casino executive says there's no way the payoff could be poorer in the Golden State. 'You'd have a big empty room,' said Anthony Miranda, who runs the Pechanga Resort and Casino in Riverside County, one of California's largest gaming halls.
Tribal casinos pay back an average of 95 percent to 96 percent, keeping only 4 percent or 5 percent and depending on high volume, meaning heavy play at the machines, to make a profit, Miranda said.
'If we had 80 percent payout games, our customers would be flocking to Nevada,' he said. Miranda declined to cite Pechanga's payback, but said it was 'comparable to Nevada.'
A computer chip in every machine controls the payback rate. In Nevada, state officials test the machines before and after they are placed on a casino floor, assuring they meet the state's 75 percent minimum payback. Competition forces casinos to sweeten the pot considerably.
The payback varies, from 93.8 percent last year on the Las Vegas Strip to 95.35 percent in Sparks, one of the best rates in the state, according to Nevada Gaming Control Board reports. Reno casinos paid back 95.02 percent; South Shore Lake Tahoe, 94.23 percent; and North Shore, 94.62 percent.
Payback rate improves with the stakes: Nevada's nickel slots returned 92 percent to players, while $25 machines paid back 96.7 percent.
Patrons dropped $115 billion into Nevada slots last year, and the casinos kept $6.3 billion, about 5.5 percent. Keeping another 1 percent of the total would have added more than $1 billion to the casinos' coffers.
California tribal casinos do not make public how much they are making and paying back from slot machines, but state officials and other experts say slot machines earn casinos $250 a day, or $13 million a day statewide. If that represents 10 percent of the money put in by players, assuming a 90 percent payback, then $130 million a day -- $47.5 billion a year -- is pouring into the machines.
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Tribal casinos submit annual independent audits, including slot machine payout, to the National Indian Gaming Commission, a federal regulatory agency.
The agency doesn't share the financial data with states, said Greg Bergfeld, who works in the national commission's Sacramento office.
California casinos' slot payback rate is 'very competitive with Nevada,' he said.
'There is no verification,' said Cheryl Schmit, director of Stand Up for California, a gambling watchdog group.
The only statistics released by the national commission are tribal gaming revenues by region, including one region that essentially covers California. Gaming revenue for fiscal year 2002 in California was $3.6 billion, up 24 percent, or more than $700 million, from the previous year, according to the national commission.
Critics say the tribes are too conservative in calculating their revenues. The state says tribal gaming revenue is $5 billion to $6 billion a year.
River Rock Casino, which opened amid controversy last fall in Alexander Valley, offers a payback 'similar to those in Nevada,' said spokesman Dave Reiseman. He didn't cite a specific figure.
Inside the domed, tent-topped casino, bright lights flash, chimes ring and drums spin on 1,600 slot machines with names like 'Blazing 7,' 'Movie Star' and 'Winning for Dummies.' A 25-cent slot lists a $1,198 jackpot, while the $1-a-play progressive slot 'Megabucks' shows a jackpot of $7.8 million and counting upward right before players' eyes.
Two players said they think Nevada offers better odds.
'I think they pay better in Nevada,' said Pedro Fernandez of Santa Rosa, who said he puts about $50 in the slots on his visits to River Rock.
James King of Santa Rosa said he has 'done pretty well' at River Rock, including a recent $1,700 jackpot. But he used to go to Reno once a month 'and it always seems I did a little better there.'
Even if River Rock slots are less generous, King said there's a big difference in time and money between a four-hour, 170-mile drive over the Sierra to Reno and a 20-minute trip to Alexander Valley.
Convenience is a significant economic factor, which may erase the difference in slot payback between distant Nevada and casinos near a Californian's home, Thompson said.
No matter how high the payback, there's no guarantee a player will profit from pumping money into a machine. By continued playing -- a process known in gambling parlance as 'the grind' -- machines will usually take it all.
If the experience lasts long enough, it may not matter. 'People tend to put in all their money anyway -- they're just buying time,' Thompson said.
King said that when he hit the $1,700 jackpot, he left while he still had $1,200. 'In the long run you always end up losing more than you win,' he said.
Whilst many people decide which slot to play based on the theme, special features or promotional offers, the savvy gamblers steer towards slots with the highest RTP. The house edge of online slot machines can vary widely, and it stands to reason that the lower the house edge, the better your chances of winning.
Top RTP Slots | RTP | Bet Limits | Free Spins | Paylines | Rows | Reels |
---|---|---|---|---|---|---|
Jack Hammer 2 | 97.10% | £0.50 – £250 | 10-20 | 99 | 3 | 15 |
Simsalabim | 97.50% | £0.25 – £125 | Yes | 25 | 3 | 5 |
Retro Reels Extreme Heat | 97.50% | £0.30 – £112.50 | Up to 20 | 30 | 3 | 5 |
Devil’s Delight | 97.60% | £0.20 – £40 | Yes | 20 | 3 | 5 |
Kings of Chicago | 97.80% | £0.05 – £50 | Up to 30 | 5 | 3 | 5 |
Starmania | 97.87% | £0.10 – £20 | 10 | 10 | 3 | 5 |
Blood Suckers | 98.00% | £0.25 – £50 | 10 | 25 | 3 | 5 |
1429 Uncharted Seas | 98.60% | £0.10 – £100 | 25 | 50 | 3 | 5 |
Jackpot 6000 | 95.10 – 98.90% | £1 – £2 | No | 5 | 3 | 3 |
Mega Joker | 99% | £1 – £5 | No | 5 | 3 | 3 |
Of course, you should keep in mind that only the best slot sites to win offer high payout games from which you can take advantage. The return to player percentage of a game is measured over thousands of game rounds, and it stands to reason that the higher the RTP, the better the deal for the player. With this in mind, I have decided to create a list of the 10 online slots with the highest RTP.
#10 Jack Hammer 2 (NetEnt) – 97.1% RTP
Jack Hammer 2 is the first of many NetEnt slots to make this top 10 list. This entertaining slot has a crime and adventure theme, captured in a comic book style. There are an impressive 99 bet lines in this game, providing plenty of opportunities to win. It also boasts a variety of interesting features that make the game exciting to play, whilst creating chances to win. The Sticky Win feature sees any winning symbol combinations held in place for a free re-spin, and they continue until no new wins are created. There is also a free spin feature, where you get up to 20 free plays, where all wins are doubled and extra wilds randomly land on the reels. Jack Hammer 2 has a player-friendly RTP of 97.1%
#9 Simsalabim (NetEnt) – 97.5% RTP
This magical themed slot recreates all the excitement of a magic show. The stage is set, with symbols such as a magician’s wand and top hat, a caged dove and a Houdini-style chained chest. The hypnotist is wild, helping to complete winning symbol combinations. When you play Simsalabim, keep your eyes peeled for 3 bunny rabbit symbols on the first 3 reels. These trigger the bonus game, where you pull rabbits from the hats to reveal cash prizes of up to 50500 coins. The slot also features a free spins round, which provides the potential for big wins thanks to the triple payouts. All these features combine to provide a great RTP of 97.5%.
#8 Retro Reels Extreme Heat (Microgaming) – 97.5% RTP
The RTP of 97.5% is one of the highest you will find in the Microgaming slots selection.Retro Reels Extreme Heat has an old-school feel, with symbols you’d expect to see on a classic fruit machine, including cherries, lemons, bells, bars and 7’s. At the same time as providing a retro feel, it includes many features which you’d expect from a modern video slot. There is a free spin bonus, where you can get up to 20 free plays with all wins doubled. There are also wild substitutions and scatter pays. A highlight is the innovative re-spin feature. After any spin, you can choose to spin just one reel, which allows increased chances of winning.
#7 Devil’s Delight (NetEnt) – 97.6% RTP
Unleash your inner devil in this NetEnt video slot. Set against a fiery backdrop and tombstones, the 5 reels are filled with symbols from the underworld.Devil’s Delight is packed full of exciting features that provide plenty of chances to stack up the wins. The devil wild expands to cover entire reels. Whilst the free spins bonus features win multipliers of up to x5. Yet the real highlight of the game is the unique Soul Reaper bonus game. Match the correct sin to each character their soul will be added to the Soul-O-Meter whilst you reap a coin prize. When the Soul-O-Meter is filled with 15 souls, the Sin Spins feature is activated. Here, you get 10 Sin Spins where you can pocket some juicy rewards. With so many cool features and a high RTP of 97.6%, this is one hell of a slot!
#6 Kings of Chicago (NetEnt) – 97.8% RTP
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Kings of Chicago mixes the best elements of a video slot with classic poker. The game is played with a deck of cards, which is shuffled before each round. Unlike normal slot machines, where payouts are made for matching symbols across paylines, in this slot, you win if you have a poker hand on one of the five paylines. The game includes a joker, which substitutes for all cards. Plus, the scatter label can randomly appear on any card. Get 3 or more and free deals, the equivalent of free spins are triggered. You can bag up to 30 free deals in the special feature and all wins are doubled. This innovative slot machine provides a unique twist on what you expect from a video slot, and boasts an impressive RTP of 97.8%.
#5 Starmania (NextGen) – 97.87% RTP
With colourful star symbols set against a pretty outer space background and a spacey, ethereal soundtrack, this NextGen slot is a real treat for the senses. Wilds are stacked onto the reels boosting your shot at winning combinations. There is also a free games feature, where extra stacked wilds can help create some big wins. The game features 10 paylines and wins are paid in both directions. With every line win, you also have the option to gamble your prize, for a chance to double or even quadruple your win multiple times. The great graphics, exciting features and favourable RTP of 97.87% make Starmania a real hit with players.
#4 Blood Suckers (NetEnt) – 98% RTP
The vampire genre has never been more popular, and it is the inspiration for this spooky NetEnt slot. You’ll see various Blood Suckers adorning the reels, along with the weapons to fight them off. It is not merely the impressive 98% RTP that draws players to this slot, but also the rich selection of special features. There are wild substitutions, scatter pays, free spins with triple payouts and a vampire slaying bonus game. Trigger the bonus and you will find yourself in an ancient burial chamber, filled with coffins. Open the coffins to slay vampires, earning coin wins with each creature you defeat.
#3 1429 Uncharted Seas (Thunderkick) – 98.6% RTP
This video slot from Thunderkick is visually stunning. The reels are replaced with a medieval style hand-drawn map and the symbols include a variety of sea creatures and beasts as well as sun, moon and star symbols. The slot includes a wild symbol which expands to cover entire reels, helping to create bigger wins. There is also a free spins bonus where you can earn up to 50 free goes. 1429 Unchartered Seas has a rewarding RTP of 98.6%, one of the highest you will find in a video slot, making it a popular choice with players.
#2 Jackpot 6000 (NetEnt) – Up to 98.8% RTP
Jackpot 6000 is a thrilling classic slot machine from NetEnt with a real old-school vibe. You can play with up to 5 paylines active, betting between 1 and 10 coins per spin. It is highly recommended to play with the maximum bet of 10 coins however, as this creates the possibility of triggering Supermeter mode. In this game mode, you can win a mystery prize of between 10 – 6000 coins when just 2 joker symbols land anywhere on the reels. Also, getting 3 jokers on a payline in Supermeter mode guarantees a jackpot payout of 6000 coins. When you play Jackpot 6000 with 1 – 8 coins, the RTP is a paltry 74.9% – 79.2%. Yet with 10 coins in play, the RTP ranges from 95.1% – 98.8%. The variance is because Supermeter mode is skill based, so you can directly impact the outcome.
#1 Mega Joker (NetEnt) – Up to 99% RTP
Whilst Jackpot 6000 boasts an extremely high RTP, it is just beaten to the top spot by another NetEnt classic slot; Mega Joker. Bet with just 1 coin and the RTP is an underwhelming 76.9%. Yet on the other hand, a max bet of 10 coins elevates the RTP to between 89.1% – 99%. Furthermore, it provides bigger payouts and the Supermeter mode. In Supermeter mode, you need to choose the bet level and the optimum level at which to collect your winnings. It is this element of skill which can increase the RTP. The skill component, retro style and engaging gameplay make Mega Joker a firm favourite with players.
Frequently Asked Questions
Because our goal is to keep you well informed we have put together a list of the most frequently asked questions and our team of experts has provided the answers below.
🏆 What are the best paying slots?
The best paying slots are the ones that feature a high RTP because that translates to a small house edge such as NetEnt’s Jack Hammer 2 slot or Simsalabim, with a return to player percentage of over 97%.
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✍ How do I choose a good slot machine?
In choosing a good slot machine a player should look for high payouts, volatility and the features of the game itself. For example, you are bound to have a higher return on your investment while playing a slot with free spins and multipliers.
💱 What is the average payout on slot machines?
The average payout on slot machine varies among slots but you are going to find a higher return-to-player percentage in the recommended online casinos as compared to the traditional slot machines. Blood Suckers slot and 1429 Uncharted Seas slot have a very high RTP of over 98%.
🎰 What is a high variance slot machine?
High variance slots are destined for gamblers who are willing to play for huge wins.Kings of Chicago is a great example in that direction because it features not only a high RTP but also a high variance, which makes it ideal for our example. Flexible betting limits, free spins and a unique twist on slots as we know them are just a few perks of enjoying this title.
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