Number Of Slot Machines Nevada

When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.

The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.

In 1931, gambling was legalized in Nevada, and slot machines quickly became a top method of making money. By 1951, Nevada was the only state that had legal slot machines, but other states and other countries started having changes of heart because of the amount of money that could be made.

What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).

Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.

Finding the Loosest Slots in Las Vegas

It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.

What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.

Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.

All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.

For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.

But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.

Best Slots to Play in Las Vegas

Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.¹

Nevada Slot Machines For Sale

What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.

The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.

The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.

Casinos with the Most Slots in Las Vegas

The Orleans Hotel and Casino

The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.²

The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.

MGM Grand Las Vegas

The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.

The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.³

Sam’s Town Hotel and Gambling Hall

Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.⁴

Casino Slot Winnings Subject to 30% Withholding Tax

Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.

In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.

There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.

To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.

RMS, the Easiest Way to Get Your 30% Withholding Tax Back

If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.

Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.

Only RMS has the One Simple Step^TM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.

Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].

Sources:

1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.

You are playing a three-coin slot machine. You only are playing two coins at the time. The jackpot is hit. If you had been playing one coin, or if you had been playing three coins, would it still have gone off at that point?

Slot Machines For Sale

If you had put in one or three coins the outcome would likely have been entirely different. The machine is constantly drawing random numbers and the numbers that were drawn at the moment you spin the reels determine the outcome. So, if you had played fewer or more coins you would have spun the reels at a different moment and thus the outcome would have been different.

Hey Shack I hadn't been to the site in awhile and I just wanted to compliment you on the new sleek look. I know you initially wanted to stay away from the banners but they do help pay the bills eh?
Congratulations also on the new gig with Casino Player, I enjoy it the site and your occasional posts on bj21. As someone who works in the industry, admittedly not slots, I was under the impression that the more recent slots have the RNG stop the moment the first coin drops, so it really doesn't matter if you play 1,2, or 3 coins -- the symbols will line up the same. Have I been misinformed? According to your previous answer I apparently have. Keep up the good work and I'll stay in touch, thanks and best wishes.

Thanks for the kind words Dave. You're right that it was the money that finally made me accept the banners. It is my understanding that when the player presses the button to spin the reels the random numbers are drawn at that instant, which determine where the reels stop, and ultimately what you win. The number of coins bet does not matter.

How many numbers does the RNG (Random Number Generator) pick for each spin in a slot machine? Is it three numbers (1 for each reel) or is it 1 number that's mapped to a unique combination of symbols for all 3 reels?

This is a great website!. FYI - A guy missed the Megabucks jackpot (7.9M) yesterday because he had just two coins in. To the best of your knowledge, when does the RNG stop and determine your outcome? If it stops on the first coin, then he blew it. If it is on the last coin, he could have had an entirely different outcome. My guess that the stop time is set by the individual manufacturer, and there is no regulation telling him when to do so. Just wondering if you knew different.

Thanks for the compliment. The outcome of the game is determined when the player initiates the spin. The game is constantly drawing random numbers, even when not played. The random numbers chosen at the moment the button is pressed to spin the reels determine where the reels stop, which determines what the player wins. So, if the player bet three coins he would have pressed the button at a different moment, causing a different outcome.

Have you noticed when you look sideways past the right reel on IGT games there are 4-5 counters inside the machine labeled 'coins in, coins out, jackpots' or similar wording? I was just wondering what your experience with the counters was. Is there any way to get helpful information from those? Thanks for your time.

No, that information won’t help you at all. Your odds are always the same on every spin, regardless of the counters.

I have heard it is illegal for a slot machine to deliberately have too many near misses. Can you tell me what you know about this?

To answer your question I asked a well connected gaming consultant and he said Nevada regulations state that one stop on a reel can not be weighted more than six times more than either stop next to it. So if a jackpot symbol were weighted by 1 and both bordering blanks were weighted by 6 then there would be 12 near misses for every one time the reel stopped on the jackpot symbol. This would be the maximum allowed near miss effect. My own results detailed in my slot machine appendix 1 back up this theory well. The red double seven was the highest paying symbol and I saw the blanks above and below it about 5 to 6 times as often:

Double Strike Actual Results

Symbol	Reel 1	Reel 2	Reel 3
Blank	250	248	291
Double red 7	52	51	55
Blank	259	292	262

The same source said that New Jersey and Mississippi likely have adopted the Nevada regulations.

This is not a game theory question, but I figured since you answer dating questions you might handle this. I had a dream recently where I sat down at an open slot machine. I was getting my player’s card out of my pocket when a guy came up from behind me and put money in the machine. I told him it was my machine and hit the cash out button and gave him his ticket. He said he had his eye on the machine and since he had his money in first it was his machine. I turned to call a slot attendant and while I was doing that he put his money in again, pushed the button and hit a jackpot. In my dream we then had an argument over who gets the money, the person who clearly had the machine and intended to play it or the person who unsolicited put the money in the machine. I realize this is a bizarre situation but who do you think would win the argument?

My understanding is that the person who is pressing the buttons gets the money. I asked Brian, who helped with the last question, about this. Here is what he wrote, which I agree with.

In the scenario described, the person who put in the money and pressed the buttons would receive the jackpot.

Used Slot Machines Nevada

What I find interesting about this question is the paradox that in all likelihood, the jackpot never would have occurred without this chance encounter.

As you know, the random number generator in the slot machine is continuously working even when the machine is not in play. So even though one patron feels cheated, their run-in ultimately led to pressing the spin button at that exact millisecond when the RNG was on the winning combination. So, if one patron had acquiesced, there is never a jackpot to fight over.

I have used your site to knock down myths and betting systems with many friends and your proofs always win the day. On the Pink Panther (and some others) there is a bonus round that presents a screen with pictures from which to pick. Behind some are coin amounts and others have a symbol that ends the bonus round. Once you are presented with the bonus board the placement of the symbols cannot be changed, can they?

Thanks for helping in the fight against betting systems. First let me say that I have never worked for a major slot machine company and don’t have direct knowledge of this. However, I know many people in the industry and those I trust pretty much are in agreement on this topic.

Number Of Slot Machines In Nevada

That said, it is my understanding that in all forms of electronic games, including video slots, video poker, and video keno, the outcome is usually determined the moment you make your decision. Meanwhile the possible outcomes are constantly being shuffled, thousands of times a second. I can’t speak for every slot machine but I believe that with the major U.S. slot makers the outcome is not predestined but depends on the exact microsecond you press the button to make your play.

First, love the site, very informative! Background: When using a Random Number Generator (RNG) to determine certain payouts for a finite set, such as 1 million lottery scratch off cards, the RNG can be programmed to drop non-pay or add pay selections so as to keep a more even distribution of winners throughout the finite set of cards created. The goal is to maintain a more even distribution in the cards along with the payout percentage as required. Is this, or can this programming be done in Nevada? The law of averages would indicate no need for this, but is it not theoretically possible for a signed 97% slot machine to payout 95% one year and 99% the next year unless some control on the RNG was made?

Thanks for the kind words. Scratch cards and pull tabs can indeed be printed in batches. These batches will have a specified number for each win, and the return of the overall batch will be exactly as the maker intended. In some jurisdictions, where only pull tabs are legal, the outcome can be displayed to the player on a video monitor, in the form of a slot or video poker machine. However, in Nevada, that is not how slots work. Each play is completely independent of the past. A machine programmed to average a 97% return, could indeed pay under 95% or over 99% over a year, especially if not heavily played.

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