Slot Machine That Pays Out The Most

 
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  1. Slot Machines That Pay
  2. High Paying Slot Machines

With thousands of slot games available online today, slot players who have become overnight millionaires will attest to the fact that indeed progressive slots are the best paying slots online. To this end, we would like to showcase some of the slot machines that have been known to pay out huge sums of money and are considered the most popular.

Categories:Casino News, Casino Offers Published by: jurate

The first pit stop for visitors in Las Vegas is usually a casino as this is the city where you can find the world’s best slots and the best casino websites. There are a lot of other cities in the world that try to compete with Vegas, but very few will come close to the ambiance of The Strip.

As all the bells and whistles might get a bit overwhelming most visitors tend to forget (or not even care) about the enormous house edge casinos hold against their visitors. Let’s not forget that a lot of slot machines in Vegas offer paybacks between 75% and 98% — meaning that for every dollar a player spends, he or she will only get between 75 and 98 cents in return. Just to mention: in online casinos this so-called Return To Player (RTP) is usually set somewhere between 93% and 98%, meaning gamblers in Las Vegas stand a lot less chance against the house.

It is even quite rare to find Las Vegas casinos advertising their slot odds to their visitors, which is a major drawback if you ask us. We would, therefore, encourage you to always first check out the RTP of a slot machine before you start playing for real money. As we’re here to help we got you a list of 5 Vegas casinos that actually do tend to pay out a lot more than their competitors. This way you’re fully prepared for your upcoming stay in the Entertainment Capital of the World. Have fun and make sure you earn some good bucks!

The top 5 most paying Vegas casinos

Megabucks

IGT’s Megabucks has continued to pay enormous life-changing jackpots for close to two decades. Their slogan has always remained ‘Dream big. Win big’. They have a network of slot machines that they have linked all around Nevada. Megabucks boasts of a top prize that they build from a $10 million base amount. Players only have to spend $1 for a spin. However, if you are looking to win the top amount, you have to use $3. Although this sounds like an expensive investment, imagine leaving the casino with millions worth of winnings.

Megabucks boast that it paid the biggest slot jackpots in the history of Vegas. One of its lucky winners was Trinidad Torres. She is a 78-year-old from Utah who played $100 and managed to win over $10 million in the jackpot. She plans to use the winnings to travel to the Philippines and get a yellow Mustang.

Mandalay Bay

They have a gaming area with more than 1,700 video poker and slot games. It also features table games such as Baccarat, roulette and blackjack. They have a big 17-screen race and sports book with some of the biggest screens in the city. It also gives a plush VIP booth for extravagant spenders. The casino is known for offering some of the biggest jackpots to players.

Excalibur

More than a decade ago, a 25-year-old software engineer who was a Los Angeles Resident, managed to clinch the city’s biggest jackpot on a slot. He played a $100 on the Megabucks machine. The reward was nearly $40 million for this young man. Is there a better investment than this?

Caesars Palace

This is a classic casino in Las Vegas that is also known for its upscale atmosphere. It is the place where you can find high limit games, including table games such as baccarat and blackjack, and test your luck. Those who fancy poker games can enjoy their 16-table poker room that comes with Wi-Fi and USB ports for charging. You will also find a race and sportsbook that offers numerous games to watch and bet on. This might be the place where you finally get to fulfill your dreams by winning a massive jackpot. A 49-year-old man from Illinois who described himself as a self-employed consultant used a $10 bill into the Megabucks machine and managed to hit a multimillion-dollar jackpot. This was also on his first spin too.

Aria Resort and Casino

This sophisticated and sleek casino has over 150,000 sq feet of gaming space. In it, you will find 145 table games and 1,940 slot machines. If you love gambling, try your luck at craps, baccarat, roulette and Ultimate Texas Hold’em, among others. The casino Aria is popular with poker players. It has a luxurious 24-table room exclusive for poker playing. They offer tournaments twice per day.

Machine

One woman was visiting her niece who lives in Las Vegas and decided to visit this casino. She tried her luck on the Megabucks slot machine by dropping $6. When the winning symbols appeared, she thought that the machine had broken down. It was her daughter who clarified things for her. She had won more than $12 million on that jackpot. What is more, four months later, another lucky player managed to win $10 million in another jackpot. Maybe it would be worth booking a room in this hotel and trying your luck in their Megabucks slot machine.

If you are a resident of or visiting Las Vegas, why not pay a visit to any of the above casinos and try your luck. Who knows, you might become the next biggest winner.

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The Las Vegas Strip is no doubt one of the most-popular places to play slot machines. Millions of tourists hit Las Vegas Boulevard every year to spin the reels.

Most of these gamblers aren’t too concerned about their exact chances of winning. They just want to enjoy fun games and get a few thrills.

Of course, your bankroll stands to last longer when you do choose slots with fair pay. Therefore, you might be interested to know how Vegas Strip slot machines stack up to the competition.

Whether you’re going to Sin City anytime soon, or just thinking about it in the distant future, you’ll want to know the following info on Vegas Strip slots payback.

A Look at Vegas Strip Slots Return to Player (RTP)

The Nevada Gaming Commission (NGC) regularly offers revenue reports on their casino gambling industry. These resources cover gaming wins for the past 12 months, including wins for slot machines.

You can get a composite view on how well Nevada slots pay and their house edges by looking at these reports. You’ll also be able to see a breakdown on prominent jurisdictions within the Silver State.

The Vegas Strip has its own set of numbers, given that it’s the key attraction of Nevada’s gambling industry.

The NGC’s report breaks down how much the Strip’s slot machines pay based on coin denomination.

Here’s how much the most-popular coin denominations delivered in 2018:

  • Penny slots – 88.30% RTP (11.7% house edge)
  • Nickel slots – 91.63% RTP (8.37% house edge)
  • Quarter slots – 89.40% RTP (10.60% house edge)
  • Dollar slots – 92.30% RTP (7.70% house edge)
  • Multi denomination – 93.61% RTP (6.39% house edge)
Online slots that pay out

You can see that penny slot machines are at the bottom in terms of payback. They only offered 88.3% RTP, making them one of the worst choices of all casino games in terms of winning.

The multi-denomination machines featured the best rate at 93.61% RTP. You might want to stick with these games on the Strip, given that they both let you change the coin size and offer the best payback.

How Do Vegas Strip Slots Compare to the Rest of Nevada?

Knowing how much Vegas Strip slot machines pay is a great start. However, a reference point is needed to measure if the Strip’s slots do or don’t pay well.

Again, the NGC provides gaming win for the entire state as well as specific areas. These numbers can be pitted against the Vegas Strip’s figures to make a valid comparison.

Here’s how well slots paid throughout the Silver State in 2018:

  • Penny slots – 90.0% RTP (10.0% house edge)
  • Nickel slots – 94.39% RTP (5.61% house edge)
  • Quarter slots – 92.83% RTP (7.17% house edge)
  • Dollar slots – 93.61% RTP (6.39% house edge)
  • Multi denomination – 94.74% RTP (5.26% house edge)

Comparing the numbers, the Vegas Strip definitely doesn’t pay slots players like Nevada as a whole. All of their coin denominations offer at least 1% lower RTP than the entire state.

Slot Machine That Pays Out The Most

The biggest difference can be seen in the quarter slots. The Strip only delivered 89.40% in 2018, while Nevada paid 92.83% overall.

Another large discrepancy can be noticed with nickel slot machines. The Strip delivered just 91.63% against 94.39% for the state.

Numbers Show That Vegas Strip Slots RTP Isn’t So Hot

Vegas Strip slot machines are far from generous. In fact, they’re some of the lowest-paying slots that you’ll find anywhere in the world.

The penny slots are especially awful. They only offered 88.3% RTP last year, which is about as bad as it gets with slot machines.

Penny slots are often thought of as “cheap” games, because they only require one cent per line. But you’re theoretically losing $11.70 for every $100 wagered on Vegas Strip penny games.

Slot Machine That Pays Out The Most

Surprisingly, the quarter slots barely paid better than the penny slots. The Vegas Strip’s quarter slot machines offered 89.40% RTP, which is really bad when considering the coin size.

Only nickel, dollar, and multi-denomination slots delivered over 90% RTP. Multi-denomination machines were the best deal at 93.61% payback.

Nickel slot machines paid 91.63% RTP, which is okay by the Vegas Strip’s standards. However, this payout percentage isn’t so great when looking across the board.

Keep in mind that these are merely averages from a single year. But the percentages are fairly accurate when considering how many bets are taken into account each year.

Why Don’t Vegas Strip Slot Machines Pay That Much?

The primary reason why Vegas Strip slots fail to offer reasonable payback is because they don’t have to. Casinos on the Strip can feature low slot machine RTP and still draw visitors.

This iconic four-mile stretch is home to some of the world’s most-lavish casinos. Bellagio, Caesars Palace, MGM Grand, and the Wynn are just some of the headlining establishments on the Strip.

Las Vegas Boulevard also offers many other attractions that draw tourists. The Park, LINQ Promenade, Neon Museum, and Fountain of Bellagio are some of the spectacles located here.

Few people go to the Vegas Strip in search of the highest-paying slot machines. The small number that do would be severely disappointed upon seeing the numbers.

The Vegas Strip is instead about the experience, with gambling mixed into the equation. Slot machines found here could probably pay even less, yet millions would still gamble on this famed boulevard every year.

But the fact remains that the Strip doesn’t offer good slots payback. It lags behind many other areas of Vegas and the rest of the state.

Vegas’ Boulder Strip exemplifies what good land-based slots payback should be. They offer some of the best-paying slots in the country.

Here’s the Boulder Strip’s slots RTP for 2018:

  • Penny slots – 90.21% RTP (9.79% house edge)
  • Nickel slots – 96.23% RTP (3.77% house edge)
  • Quarter slots – 95.93% RTP (4.07% house edge)
  • Dollar slots – 95.13% RTP (4.87% house edge)
  • Multi denomination – 95.42% RTP (4.58% house edge)

You can see a tremendous difference between slots payout percentages on the Vegas Strip and Boulder Strip. The latter offers around 2% or higher RTP with every coin denomination.

A glaring difference can be seen in how much each location pays on quarter slots. The Boulder Strip delivered 95.93% RTP in 2018 — over 6.5% higher than what the Strip paid.

Another notable difference included nickel slots RTP. The Boulder Strip featured 96.23% payback, versus just 91.63% for Las Vegas Boulevard.

Of course, it’s important to realize that these figures don’t necessarily represent what the machines are programmed to pay. They instead only account for what was realized last year.

However, the numbers are far enough apart to show that the Boulder Strip offers a much-better deal. The Vegas Strip, meanwhile, lags behind the state. But you also have to remember that Boulder Highway doesn’t exactly have the same ring to it.

The Eastside Cannery Casino Hotel, Sam’s Town Gambling Hall, and Boulder Station are all popular casinos. They just don’t have anywhere the amenities as a Bellagio or MGM Grand. You therefore want to consider if the higher slots RTP is worth it.

Getting the Most Bang for Your Slots Buck on the Strip

Slot Machines That Pay

The Strip isn’t the greatest gambling destination in terms of slot machine RTP. But again, it’s not defined by offering great chances to win at casino games.

Las Vegas Boulevard is instead an all-around entertainment hub that gives you the opportunity to gamble. Nevertheless, you should at least know which games will help stretch your bankroll further.

The best deal is multi-denomination slots for two reasons:

  1. They offered an average of 93.61% RTP last year.
  2. These machines let you choose the coin size.

You should definitely seek out multi-denomination games when you’re in Vegas. They offered at least 1.31% higher RTP than the rest of the slots last year.

Dollar slot machines are your next-best bet purely in terms of payback. They delivered 92.30% RTP. But you’ll actually get more play out of nickel slots.

Here’s a theoretical comparison between both slots to show the difference:

  • You perform 1,000 spins on dollar slot machines.
  • House edge is 7.67%.
  • 1,000 x 1 = $1,000 in total bets
  • 1,000 x 0.0767 = $76.70 in losses on dollar games
  • You perform 1,000 spins on nickel slot machines.
  • House edge is 8.37%.
  • 1,000 x 0.05 = $50 in total bets
  • 50 x 0.0837 = $4.19 in losses on nickel games

The theoretical losses with both types of slots can differ when there are varying amounts of paylines involves. But if all lines are equal, then the nickel games are cheaper.

The same can be said of penny slot machines when compared to nickel slots. They only charge one cent per line, meaning they’re fairly cheap to play.

However, RTP is the problem with penny games. You have to weigh whether it’s worth facing 3.3% lower RTP with penny slots just to enjoy lower risk on a per-bet basis.

Do Some Bankroll Calculations Before Visiting the Vegas Strip

Slot machines aren’t cheap on the Vegas Strip. Penny slot machines are especially expensive, boasting an average house advantage of 11.70% last year.

You therefore want to have a strategy in place for handling your gambling funds before leaving for your trip. The first order of business is to make sure that you don’t bet money you can’t afford to lose.

A good way to do this is by going through your bills and figuring out how much free money you have each week or month.
You can then set aside a percentage of this amount (some should be used for savings) for a slots bankroll.

The next step is to think about important variables, such as your spins per hour, average bet, and hourly losses. You can either come up with these estimates by tracking them yourself or merely thinking about the proper numbers.

Most slots players spin the reels between 500 and 700 times per hour, depending upon breaks. You likely fall somewhere in this range too.

Your average bet size should be fairly easy to figure out. You probably have a typical wager size, such as $0.25 or $0.50.

Hourly losses can be difficult to determine, because they change based on the volatility and house edge of the games you’re dealing with. But a nice round number to consider is 250 lost bets per hour.

Slot Machine That Pays Out The Most

You’ll probably lose around 250 wagers each hour until you’re able to hit some big payouts. If you’re wagering $0.50 per spin, this equals $125 in losses per hour.

The final step is to run the variables and figure out how long your bankroll should last. The goal is to get an idea on if you should bring more money or make smaller bets to extend your entertainment.

Here’s an Example:

  • You have a $1,000 bankroll
  • Your average bet size is $0.25
  • 1,000 / 0.25 = 4,000 total bets
  • You lose 250 bets an hour
  • 4,000 / 250 = 16
  • Your bankroll will theoretically last for 16 hours

Slot machines are so unpredictable that it’s tough to determine if your bankroll will last X amount of hours, even with in-depth calculations.

But you can at least get a nice estimate on how long your bankroll will hold up. Of course, you could also win some huge payouts and be up big at the end of your session.

Play Some Online Slots on Your Vegas Trip


You’re probably heavily into the land-based casino experience if you want to play slots on the Vegas Strip. But you might try mixing up your play with online slots during the excursion.

Internet slots pay far better than those on the Vegas Strip or in any other land-based casino destination. The average online slot offers around 95% or 96% RTP, which is unrivaled in most brick-and-mortar casino hubs.

The aforementioned Boulder Strip is about the only place that compares to internet slots RTP. Even then, you have to bet at least a nickel per line to play games with 95% payback.

Online casinos allow you to play penny slots with 95% RTP or better. Land-based casinos, on the other hand, can’t do this and still make money due to their overhead costs.

Again, you probably aren’t going to the Vegas Strip to sit in your hotel room and play online slots. But you might consider lounging around the hotel, a bar, or elsewhere and spinning the cyber reels for a little bit to preserve your bankroll.

Conclusion

It would be great if you could enjoy the amenities of a Mandalay Bay or Wynn and have a great change to beat slot machines. Unfortunately, you can’t because Vegas Strip casinos don’t offer great slots RTP.

Multi-denomination games led the way with 93.61% payback in 2018. But this figure is nothing to get excited about in the overall scheme of things.

Penny slot machines paid just 88.30% RTP on average last year. You’d therefore be facing an 11.70% house edge with the average penny slot, which is horrible.

You’ll get an okay deal with dollar slots (92.30% RTP). Then again, betting $1 per spin and still facing low payback isn’t anybody’s vision of gambling bliss.

The truth is that you should head elsewhere in Vegas, such as Boulder Highway, if you want the best chance to win. The Boulder Strip offered over 95% RTP for all of its denominations, except penny games, in 2018.

You can also play online slots on the side during your trip enjoy the best payout percentages of all. Of course, the key drawback here is that internet slots don’t offer the same experience as land-based casinos.

Overall, you can’t go into a Vegas Strip casino expecting to beat the slot machines. They just don’t pay enough to give you a strong chance of winning.

High Paying Slot Machines

What you can do, though, is combine proper bankroll management with reasonable expectations. Performing bankroll calculations helps you go into each slots session with a realistic mindset. This process also keeps you from betting money that you can’t afford to lose.