Slots With Highest Payout Percentage
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. Casinos, almost universally, put the highest-paying chips in the highest denomination machines and the lowest-paying chips in the lowest denomination machines. This means that $25 slots will have chips returning around 95-98 percent and the penny machines will have chips returning around 86-89 percent. NetEnt has been responsible for a number of the highest RTP slots around and Blood Suckers, the scary 5-reel, 25-payline slot is one of their very best. With a return-to-player percentage of 98%, some super-smooth graphics, and a spooky theme, this is one online slot that you are going to want to play – albeit with the lights on. The best payout slots will have an RTP of 95% or better. Slots with high volatility or variance pay less frequently but have great payouts. Low volatility slots payout frequently but have lower payout amounts. Here are five of the highest payout slots. Good Girl Bad Girl – 97.8%; Doo-Wop Daddy-o.
- Highest Payout Casinos In America
- Which Slots Have The Highest Payout
- Casino Payout Percentages By State
- Slots With Highest Payout Percentages
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?
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.
Pennsylvania is home to 12 casinos, each lining the walls of their gaming floors with hundreds, if not thousands, of slot machines. For players, knowing which casinos have the highest paying slots may seem like a futile task in extrasensory perception (ESP). But it doesn’t have to be.
In order to find out where the best paying slots are, you simply have to rifle through page after page of data from the state’s regulators; in this case, the Pennsylvania Gaming Control Board. By subtracting the amount of money won by players from the amount that was wagered, over a given period of time, you can find the exact payout percentage of any PA casino’s slot machines.
Don’t worry, I won’t make you pull out a calculator. I’ve already done all the work for you. The following is a list of all 12 PA casinos, and the overall payout percentages of the slot machines for the month of July 2016. Based on these figures, you can easily determine where to spend your wagering dollars for the best chance of winning.
Highest Paying Slots in PA, July 2016
| The Meadows Casino | # of Slot Machines: 3,300+ |
| Address: | Wagers: $267,906,559.21 |
| 210 Racetrack Road | Payouts: $247,440,517.56 |
| Washington, PA 15301 | Slots Payouts: 92.36% |
| ParxCasino | # of Slot Machines: 3,500+ |
| Address: | Wagers: $462,800,887.19 |
| 2999 Street Road | Payouts: $421,619,066.99 |
| Bensalem, PA 19020 | Slots Payouts: 91.10% |
| Valley ForgeCasino | # of Slot Machines:600+ |
| Address: | Wagers: $94,950,783.58 |
| 1160 1st Ave | Payouts: $85,990,326.05 |
| King of Prussia, PA 19406 | Slots Payouts: 90.56% |
| Mohegan Sun Casino | # of Slot Machines:6,500+ |
| Address: | Wagers: $239,529,301.03 |
| 1280 PA Hwy 315 | Payouts: $216,107,467.87 |
| Wilkes-Barre, PA 18702 | Slots Payouts: 90.22% |
| Mount Airy Casino | # of Slot Machines:1,800+ |
| Address: | Wagers: $176,042,801.30 |
| 312 Woodland Road | Payouts: $158,646,455.58 |
| Mt Pocono, PA 18344 | Slots Payouts: 90.12% |
| Harrah’s Philadelphia | # of Slot Machines:2,900+ |
| Address: | Wagers:$237,276,209.36 |
| 777 Harrah’s Blvd | Payouts:$213,626,761.30 |
| Chester, PA 19013 | Slots Payouts: 90.03% |
| Sands Bethlehem | # of Slot Machines:3,000+ |
| Address: | Wagers:$396,612,922.28 |
| 77 Sands Blvd | Payouts:$356,169,342.01 |
| Bethlehem, PA 18015 | Slots Payouts:89.80% |
Highest Payout Casinos In America
| Presque Isle Casino | # of Slot Machines:2,000+ |
| Address: | Wagers:$137,967,445.33 |
| 8199 Perry Hwy | Payouts:$123,606,102.82 |
| Erie, PA 16509 | Slots Payouts:89.59% |
| The RiversCasino | # of Slot Machines:3,000+ |
| Address: | Wagers:$279,490,714.67 |
| 777 Casino Drive | Payouts:$250,175,361.45 |
| Pittsburgh, PA 15212 | Slots Payouts:89.51% |
| SugarHouse Casino | # of Slot Machines:3,000+ |
| Address: | Wagers:$176,247,040.37 |
| 1001 N Delaware Ave | Payouts:$157,470,875.64 |
| Philadelphia, PA 19125 | Slots Payouts:89.35% |
| Penn National Race Course | # of Slot Machines:2,480+ |
| Address: | Wagers:$206,390,702.89 |
| 777 Hollywood Blvd | Payouts:$183,838,567.38 |
| Grantville, PA 17028 | Slots Payouts:89.07% |
| LadyLuck Casino Nemacolin | # of Slot Machines:600+ |
| Address: | Wagers:$33,362,112.03 |
| 4067 National Pike | Payouts:$29,672,100.58 |
| Farmington, PA 15437 | Slots Payouts:88.94% |
Best Paying Slots at The Meadows
Clearly, The Meadows Casino in Washington, PA, southwest of Pittsburgh, deserves kudos for hosting the best paying slots in the state, with a 92.36% payout ratio. If the Pittsburgh area is a bit too inconvenient for travel, the Parx Casino, northeast of Philadelphia, is your next best bet with 91.10% payouts.
At 90.56%, Valley Forge Casino, northwest of Philly, is the only other gambling resort in Pennsylvania to beat the state average of 90.25% slots pays.
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