How Many Slot Machines Are There In Las Vegas

Slot machine terminology, characteristics and regulations vary around the world.

Slot machines by country[edit]

Australia[edit]

In Australia 'poker machines' or 'pokies' are officially termed gaming machines. Australian-style gaming machines frequently use video displays to simulate physical reels, usually five. These machines have additional bonusing and second-screen features such as free games and bonus levels. They also allow for multiple lines (up to 200) or multiple ways (up to 3,125) to be played.

On multiway games, players play the entire position of each reel instead of fixed lines or patterns. For instance, if a player plays 1 reel on a 243 way game, they receive three symbols in the first reel which pay anywhere in the three positions, while all other reels pay in the centre only, with unused areas darkened. On the other end of the scale, if the player plays 5 reels, symbols can appear anywhere in the window and will pay as long as there is one in each reel. Most games however still require the symbols appearing left to right, sometimes this even includes scatters. Scatter symbols still pay the same as per conventional games, multiplying their pay amount by the total bet and the number of ways/reels played. Other multiway games give you even more ways by using a 4x5 or 5x5 pattern, where there are up to 5 symbols in each reel, allowing for up to 1,024 and 3,125 ways to win respectively. Aristocrat calls these games Xtra Reel Power and Super Reel Power respectively. These games typically cost more than their 243 way Reel Power counterparts. Recently, IGT has also started to manufacture multiway games. Gaming machine manufacturer Konami Australia also made an alternative way of gaming by using patterns, where symbols pay adjacent to one another. Most of these games have a hexagonal reel formation, and much like multiway games, any patterns not played are darkened out of use. On both systems, scatter symbols still pay in the darkened areas just like standard machines where scatters don't have to appear on a payline.

The laws regulating the use of gaming machines in Australia are a matter for state governments, and as such they vary between States.

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Gaming machines are found in casinos (approximately one in each major city) as well as pubs and clubs in some states (usually sports, social, or RSL clubs). The first Australian state to legalize this style of gambling was New South Wales in 1956 when they were made legal in all registered clubs in the state. There are suggestions that the proliferation of poker machines has led to increased levels of problem gambling; however, the precise nature of this link is still open to research.^[1]

In 1999 the Australian Productivity Commission reported that Australia had nearly 185,000 poker machines, more than half of which were in New South Wales. This figure represented 20% of comparable machines in the world or 2.4% of all the varying gambling and prize based machines in the world (excluding those that are illegal),^[1] and on a per capita basis, Australia had roughly five times asmany gaming machines as the United States. Revenue from gaming machines in pubs and clubs accounts for more than half of the $4 billion in gambling revenue collected by state governments in fiscal year 2002 – 03^[2]

In Queensland, gaming machines in pubs and clubs must provide a return rate of 85% while machines located in casinos must provide a return rate of 90%.^[3] Most other states have similar provisions.

In Victoria, gaming machines must provide a minimum return rate of 85% (including jackpot contribution), including machines in Crown Casino. As of December 1, 2007, all gaming machines with support for $100 notes were banned due to an amendment to the gaming laws; all gaming machines made since 2003 comply with this rule. This new law also banned machines which would automatically play with the button held. One exception to these laws exists in Crown Casino, any player with a VIP loyalty card can still insert $100 notes and use the autoplay feature, whereby the machine will continue to play without player intervention until credit is exhausted or the player intervenes. All gaming machines in Victoria have an information screen accessible to the user by pressing the 'i key' button, showing the game rules, paytable, return to player percentage, and the top and bottom five combinations, with the odds shown. These combinations are stated to be played on a minimum bet (usually 1 credit per line, with 1 line or reel played), excluding feature wins.

Western Australia only permits the use of particular forms of gaming machine in Burswood Casino, and no gaming machines may be used elsewhere. This policy (the most restrictive in Australia) had a long historical basis, and was reaffirmed by the 1974 Royal Commission into Gambling:

...poker machine playing is a mindless, repetitive and insidious form of gambling which has many undesirable features. It requires no thought, no skill or social contact. The odds are never about winning. Watching people playing the machines over long periods of time, the impressionistic evidence at least is that they are addictive to many people. Historically poker machines have been banned from Western Australia and we consider that, in the public interest, they should stay banned.

Japan[edit]

Japanese slot machines, known as pachisuro or pachislo (portmanteaus of the words 'pachinko' and 'slot machine'), are a descendant of the traditional Japanese pachinko game. Slot machines are a fairly new phenomenon and they can be found in mostly in pachinko parlors and the adult sections of amusement arcades, known as game centers.

The machines are regulated with integrated circuits, and have six different levels changing the odds of a 777. The levels provide a rough outcome of between 90% to an astonishing 160% (200% if using skills). Indeed, the Japanese slot machines are 'beatable'. The parlor operators naturally set most of the machines to collect money, but intentionally place a few paying machines on the floor so that there will be at least someone winning, encouraging players on the losing machines to keep gambling, using the psychology of the gambler's fallacy.^{[citation needed]}

Despite the many varieties of the machines, there are certain rules and regulations put forward by the 'Security Electronics and Communication Technology Association', an affiliate of the National Police Agency. For example, there must be three reels. Also, all reels must be accompanied by buttons which stop these reels, the reels may not spin faster than 80 revolutions per minute, and the reels must stop within 0.19 seconds of the button press. In practice, this translates to 'the machines can't let the reels slip more than 4 symbols'. Other rules include the following: no more than 15 coins can be paid out per play, credit meter can't go higher than 50, 3 coin maximum bet, etc.^{[citation needed]}

Although a 15 coin payout may seem ridiculously low, the regulations allow 'Big Bonus' (~400–711 coins) and 'Regular Bonus' modes (~110 coins) where these 15 coin payouts occur nearly continuously until the bonus mode is finished. While the machine is in bonus mode, the player is entertained with special winning scenes on the LCD display, and energizing music is heard, payout after payout.

Three other unique features of Pachisuro machines are 'Stock', 'Renchan', and tenjō (天井). On many machines, when enough money to afford a bonus is taken in, the bonus is not immediately awarded. Typically the game merely stops making the reels slip off the bonus symbols for a few games. If the player fails to hit the bonus during these 'standby games', it is added to the 'Stock' for later collection. Many current games, after finishing a bonus round, set the probability to release additional stock (gained from earlier players failing to get a bonus last time the machine stopped making the reels slip for a bit) very high for the first few games. As a result, a lucky player may get to play several bonus rounds in a row (a 'Renchan'), making payouts of 5,000 or even 10,000 coins possible. The lure of 'Stock' waiting in the machine, and the possibility of 'Renchan' tease the gambler to keep feeding the machine. To tease him further, there is a tenjō (ceiling), a maximum limit on the number of games between 'Stock' release. For example, if the tenjō is 1,500, and the number of games played since the last bonus is 1,490, the player is guaranteed to release a bonus within just 10 games.

Because of the 'Stock', 'Renchan', and tenjō systems, it is possible to make money by simply playing machines on which someone has just lost a huge amount of money. This is called being a 'hyena'. They are easy to recognize, roaming the aisles for a 'Kamo' ( 'sucker' in English) to leave his machine.

In short, the regulations allowing 'Stock', 'Renchan', and tenjō transformed the Pachisuro from a low-stakes form of entertainment just a few years back to hardcore gambling. Many people may be gambling more than they can afford, and the big payouts also lure unsavory 'hyena' types into the gambling halls.

To address these social issues, a new regulation (Version 5.0) was adopted in 2006 which caps the maximum amount of 'stock' a machine can hold to around 2,000–3,000 coins' worth of bonus games. Moreover, all Pachisuro machines must be re-evaluated for regulation compliance every three years. Version 4.0 came out in 2004, so that means all those machines with the up to 10,000 coin payouts will be removed from service by 2007. Only time will tell how these changes will affect the Japanese Pachisuro industry.

New Zealand[edit]

Slot machines, commonly called 'pokies', were introduced into New Zealand in 1991. A 2009 study linked the prevalence of slot machines with high crime levels.^[4]

United Kingdom[edit]

The provision of slot machines is covered by the Gambling Act 2005. This superseded the Gaming Act 1968.^[5]

Slot machines in the UK are categorised by definitions produced by the Gambling Commission as part of the legislation brought in with the Gambling Act of 2005.

Casinos built under the provisions of the 1968 Act are allowed to house up to twenty machines categories B to D or any number of C or D machines instead. As defined by the 2005 Act, large casinos will have a maximum of one hundred and fifty machines of any combination of machines in categories B to D, within the total limit of one hundred and fifty (subject to machine to table ratio of 5:1) and small casinos will have a maximum of eighty machines of any combination of machines in categories B to D, within the total limit of eighty (subject to machine to table ratio of 2:1).

Category A[edit]

Category A games were defined in preparation for the planned 'Super Casinos'. Despite a lengthy bidding process, with Manchester being chosen as the single planned location, the development was cancelled soon after Gordon Brown became Prime Minister of the United Kingdom. As a result, there are no lawful Category A games in the UK.

Category B[edit]

Category B games are divided into subcategories. However, the differences between B1, B3 and B4 games are mainly the stake and prizes as defined in the above table. Category B2 games – Fixed odds betting terminals (FOBTs) – have quite different stake and prize rules. FOBTs are mainly found in licensed betting shops, or bookmakers, in the form of electronic roulette.

The games are based on a random number generator (e.g. through the application of the uncertainty principle) and thus the probability of getting the jackpot in each game is independent of any other game, and these probabilities are all equal. If a pseudorandom number generator is used instead of one that is truly random, the probabilities are not truly independent, since each pseudorandom number is determined at least in part by the one generated before it.

Category C[edit]

Category C games are often referred to as fruit machines, one-armed bandits and AWP (amusement with prize). Fruit machines are commonly found in pubs, clubs, and arcades. Machines commonly have three reels, but can be found with four or five reels with around sixteen to twenty-four symbols printed around them. The reels are spun each play, and if certain combinations of symbols appear then winnings are paid by the machine, or a subgame is played. These games often have many extra features, trails and subgames with opportunities to win money; usually more than can be won from just the payouts on the reel combinations.

Fruit machines in the UK almost universally have the following features, generally selected at random using a pseudorandom number generator:

• A player (known in the industry as a punter) may be given the opportunity to hold one or more reels before spinning, meaning that the reel will not be spun at the next play, but will instead retain its setting at the previous spin. This can sometimes increase the chance of winning, especially if two or more reels are held.
• A player may also be given a number of nudges following a spin (or, in some machines, as a result in a subgame). A nudge is a single step rotation of a reel of the player's choice (although the machine may not allow all reels to be nudged for a particular play).
• Cheats can also be made available on the internet or through emailed newsletters for subscribers. These cheats give the player the impression of an advantage, whereas in reality the payout percentage remains exactly the same. The most widely used cheat is known as Hold after a nudge and increases the chance that the player will win following an unsuccessful nudge. The cheats give the player an incentive to play the latest games.^{[citation needed]}

It is known for machines to pay out multiple jackpots, one after the other (this is known as a streak or rave) but each jackpot requires a new game to be played so as not to violate the law about the maximum payout on a single play. The minimum payout percentage is 70%, with pubs often setting the payout at around 78%.

These machines also operate differently from truly random slot machines. The latter are programmed to pay a percentage over the long run. Fruit machines in the UK are usually based on a compensated mathematical model, which means that a machine that has paid out above its target percentage is less likely to pay out than were it to have paid out below that percentage.

United States[edit]

In the United States, the public and private availability of slot machines is highly regulated by state governments. Many states have established gaming control boards to regulate the possession and use of slot machines. Nevada is the only state that has no significant restrictions against slot machines both for public and private use. In New Jersey, slot machines are only allowed in hotel casinos operated in Atlantic City. Several states (such as Indiana, Iowa, Louisiana and Missouri) allow slot machines (as well as any casino-style gambling) only on licensed riverboats or permanently anchored barges. Since Hurricane Katrina, Mississippi has removed the requirement that casinos on the Gulf Coast operate on barges and now allows them on land along the shoreline. Delaware allows slot machines at three horse tracks; they are regulated by the state lottery commission. Illinois would legalize a wider expansion of video gambling outside casinos in 2009.^[6]

The Indian Gaming Regulatory Act generally prohibits Native American casinos from offering 'Class III' gaming without entering into a tribal-state compact approved by the Department of the Interior. Class III gaming covers all other games that are not otherwise regulated as 'Class I' (traditional tribal social games played for small prizes) and 'Class II' (bingo and games 'similar to bingo' played competitively against other players, such as pull-tabs or punch boards, and explicitly excluding slot machines and card games played solely against the house) under the law.^[7] Class I and II games are regulated by the National Indian Gaming Commission and individual tribes, and do not require state approval to run if they already permit tribal gaming.^[7] As a workaround, gaming companies developed slot machines compliant with Class II operation, which abstract the result of an electronic bingo game (conducted between other players using a centralized computer system) to generate a pre-determined result for the reels as an entertainment display, allowing for a similar experience to an RNG-based 'Vegas-style' slot machine.^{[8][9][10][11]}

Some 'Instant Racing' or 'historic racing' games operate in a similar manner; their results and payouts are based upon wagers on the outcomes of previously-held horse races, using the parimutuel betting system. These machines also typically use slot reels as entertainment displays.^[12][13]

In some regions of the U.S., such as Pennsylvania, a variety of unregulated slot machines marketed as being a game of skill have become common, usually located in restaurants, bars, and convenience stores. They add a basic skill-based mechanic, requiring players to play a 'wild' on one of 9 symbols in a 3-by-3 grid to form a matching pay combination. The legality of these machines have been questioned, with critics having accused their manufacturers and operators of using the games to skirt gambling laws.^{[14][15][16][17][18]}

See also[edit]

References[edit]

1. ^ ^abProductivity Commission 1999, 'Australia's Gambling Industries, Report No. 10, 'The link between accessibility and problems''(PDF).(1.56 MB) AusInfo, Canberra.
2. ^
3. ^Productivity Commission 1999, 'Australia's Gambling Industries, Report No. 10, Vol. 2, 'Regulatory arrangements for major forms of gambling''(PDF).(2.12 MB) AusInfo, Canberra.
4. ^M.Bellringer et al. (2009),'Problem gambling– Formative investigation of the links between gambling (including problem gambling) and crime in New Zealand'(PDF).(596 KB) Auckland:AUT.
5. ^'Gaming Act 2005'. The Stationery Office. 2005. Retrieved 2 November 2009.
6. ^Grotto, Jason; Kambhampati, Sandhya (2019-01-16). 'Illinois Bet on Video Gambling — and Lost'. ProPublica. Retrieved 2020-05-26.
7. ^ ^ab'Text of S. 555 (100th): Indian Gaming Regulatory Act (Passed Congress version)'. Retrieved 2020-04-14.
8. ^Dryer, Carolyn. 'Slot machines ordered; Class II casinos explained'. The Glendale Star. Retrieved 2019-09-21.
9. ^'New Slot Machines Without Strings'. Los Angeles Times. 2004-06-21. Retrieved 2019-09-21.
10. ^Greenlees, E. Malcolm (2008-10-01). Casino Accounting and Financial Management: Second Edition. University of Nevada Press. ISBN978-0-87417-777-0.
11. ^'Class II gaming: A second wind'. Casino Journal. Retrieved 2020-04-14.
12. ^Minor, Robyn L. 'Kentucky Downs kicks off instant racing'. Bowling Green Daily News. Retrieved 2019-11-22.
13. ^Johnston, Donnie. 'Assembly's 'Historic Racing Machine' is really just a slot machine'. Fredericksburg.com. Retrieved 2020-04-14.
14. ^McGoldrick, Gillian. ''Games of skill' debate goes national, as casino industry and manufacturers step in'. LancasterOnline. Retrieved 2020-04-14.
15. ^Thompson, Charles (June 12, 2018). 'Unregulated gambling finds a corner in the corner store (and bar, and lots of other places, too)'. The Patriot-News. Retrieved August 13, 2019.
16. ^'Pennsylvania casino regulators seek to get in 'skill games' game'. pennlive. 2020-02-20. Retrieved 2020-04-14.
17. ^Moomaw, Graham (2020-01-29). 'Outlook for skill games darkens as Va. House panel votes for ban'. Virginia Mercury. Retrieved 2020-04-14.
18. ^Times-Dispatch, GRAHAM MOOMAW Richmond. 'Virginia Lottery says unregulated skill machines could cost agency $140M a year in lost sales'. NewsAdvance.com. Retrieved 2020-04-14.

External links[edit]

Introduction to Las Vegas Visit

In June of 2019, 3.6 million people visited Las Vegas. Perhaps you were one of them? Or maybe you’ve yet to have your first Las Vegas visit. Whether you’re a frequent traveler to Las Vegas or a newbie, you want to be better prepared at playing slots in Las Vegas.

Good for you! Preparation is key. A little can go a long way, especially when it comes to your hard-won cash. In this post, I’ll start with seven secrets to winning on slots during your Las Vegas visit.

This article has the following sections:

• Introduction to Las Vegas Visit

1. Nevada Payout Return Limits
2. Know Your Nevada Gaming Stats
3. Check the Most Recent Payout Return Statistics
4. The Many Wonderful Las Vegas Gambling Podcasts
5. Downtown Versus the Strip
6. When to Visit and When Not to Visit
7. Candidate Winning Slot Machines in Las Vegas

• Summary of Las Vegas Visit

Keep Reading … or Watch Instead!

Or … Listen Instead!

This audio contains commentary not found anywhere else!

Find my podcast wherever you listen to audio!

1. Nevada Payout Return Limits

Nevada state gaming regulation #14 places a minimum legal limit on payout returns for slot machines. This minimum payout limit is 75%. Further, this lower limit applies per wager.

“All gaming devices must: Theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.”

What does this 75% minimum mean? Does it mean the player gets back 75 cents if they make a $1 bet on a slot machine? No, it doesn’t.

What it means is that the statistical average is at least a 75% return over many, many bets. The additional use of the words “per wager” in Regulation 14 means the slot machine must never be set less than an average 75% return.

For example, an unscrupulous casino operator might set a slot machine to have a 70% return for some time, then later set the payout return to 80% for an equal number of bets. Such a setup would also result in an average 75% return over both periods combined, but wouldn’t meet Nevada’s legal requirement.

Another close examination of the regulation shows something missing, which is well worth noting. What’s missing? There’s no mention of a maximum legal limit, which some states have put in place.

Without an upper legal limit on payout returns, casino operators in Nevada can offer the occasional slot machine which, on average, wins. Of course, casinos would lose money on slot machines set up this way. But, there are still good business reasons to do so.

I go over these reasons in How to Win at Slots in Older Casinos Built Before 2012. Suffice to say now, Nevada gaming regulations make doing so legal. Two questions naturally follow:

1. Do Las Vegas casinos set up the occasional slot machine to be winners?
2. How can a slots player find these winning slot machines?

The answer to the first question is yes. Casinos often decide to set up an occasional slot machine to win for promotional purposes. It’s a silent casino promotion because casinos choose to do this on slot machines situated to be easily visible to passersby.

It’s also worth noting that, like any business activity, it’s on a careful budget. Casinos can’t afford to do this often because, like everyone else, they are on a budget. But they do it. I know because I’ve found them before.

Later in this post, I’ll share some recent experiences from my fan base regarding candidate winning slot machines in Las Vegas for your consideration. But knowing they exist, and why they exist, is a necessary first step to finding them.

2. Know Your Nevada Gaming Stats

The Nevada Gaming Control Board and the Nevada Gaming Commission regulate the gaming industry in Las Vegas. This state gaming commission’s website is both thorough and comprehensive. The site offers several useful resources, but let’s consider the other side of payout returns: Actual payout statistics.

Legal limits and reported statistics are like the difference between a plan of attack and an actual battle. Remember the adage, “No plan survives contact with the enemy.” Or, in more normal circumstances, having a budget isn’t the same as paying bills.

In terms of slots gameplay, we know that Nevada gaming regulations have set a minimum payout return limit of 75% per wager on their gaming machines. That’s the law. But what happened? How did it work out in the real world?

Some states, including Nevada, do more than define a theoretical payout return limit. Nevada provides comprehensive payout return statistics. Each year, I review these actual statistics in Nevada Slot Machine Casino Gambling.

Rather than repeat myself fully, I’ll point you toward the Payout Returns in Nevada section of the Nevada post just mentioned. For now, I’ll say Nevada provides actual payout return statistics by:

1. State region, including Downtown Las Vegas versus the Strip
2. Slot machine denomination, including most common amounts but also multi-denomination, Megabucks, and other
3. Duration, including the current month, last 3 months, and last 12 months
4. Casino revenue range, including all casinos, over $1B, $1B to $12B, etc.

While past statistics never predict future behavior, a truism from the study of statistics, we can look at the available actuals to see if we can spot business trends.

Maybe, just perhaps, we can find a slot machine denomination with the best odds of winning last week. And perhaps they still have high odds this week.

Why? Because, in general, casinos are businesses as described and slots aren’t table card games. The odds of winning at table card games can’t change unless someone cheats or the game rules change.

Slot machines are electronic devices. Yes, they have random number generators – but RNGs are adjustable as a tool by the casino operator trying to control their financial performance metrics finely.

3. Check the Most Recent Payout Return Statistics

Before your next trip to Las Vegas to play slot machines, visit the Nevada Gaming Commission’s website. Under Statistics & Publications, you’ll find an entry for Gaming Revenue Report with PDF files available for download.

At the time of this writing, the most recently available monthly gaming revenue report from Nevada is for June 2019. These reports include the gaming statistics for slot machines, table games, and sports betting. Further, the left-most columns are for the most recent month with the remaining columns for a combined three months and twelve months.

Page 1 is a state-wide summary. Since we are discussing a Las Vegas visit, we need to find two specific state regions in the report: Downtown Las Vegas and Las Vegas Strip. Both are situated in Clark County.

The gaming revenue statistics for downtown Las Vegas begins on page 8:

• Page 8: All downtown Las Vegas casinos combined
• Page 9: Downtown Las Vegas casinos with over $1 million in gaming revenue
• Page 10: Downtown Las Vegas casinos with $1 million to $12 million in gaming revenue (none currently exist)
• Page 11: Downtown Las Vegas casinos with over $12 million in gaming revenue

The gaming revenue statistics for the Las Vegas Strip are on pages 12 through 17:

• Page 12: All Las Vegas Strip Area casinos
• Page 13: Las Vegas Strip casinos with over $1 million in gaming revenue
• Page 14: Las Vegas Strip casinos with $1 million to $12 million in gaming revenue (none currently exist)
• Page 15: Las Vegas Strip casinos with $12 million to $36 million in gaming revenue
• Page 16: Las Vegas Strip casinos with $36 million to $72 million in gaming revenue
• Page 17: Las Vegas Strip casinos with over $72 million in gaming revenue

Since the format is common on all these pages, let’s review how to read and understand one of them: Page 8 – All Downtown Las Vegas Area casinos combined. The current month columns are:

1. Number of Locations
2. Number of Units
3. Win Amount in 1000s of dollars
4. Percent Change from the last month
5. Win Percent

Note that Nevada reports the Win Percent for the casino, not the player. In most other states, this percentage is the casino hold percentage or Hold%. Subtracting it from 100% provides the percentage of winnings retained by the player. Further, negative numbers are in parenthesis.

How Many Slot Machines Are There In Las Vegas Mccarran

The lowest casino Win Percent, i.e., highest player return, in June 2019 was the $25 denomination slot machine with a negative 7.57 Win%. There were nine of these slot machines at three locations with an overall monthly player return of 107.57%

Why so high? Quite likely, someone won big on one of these $25 denomination slot machines. That big jackpot pushed up the overall monthly average on all nine machines with this denomination in the downtown area.

Looking on the same line under the 3-month entry, it was 100% minus 4.77% equals 95.23%. The 12-month average was even smaller, at 92.44%. This abrupt change indicates playing $25 denomination in downtown Las Vegas is not the advantage it might otherwise appear.

Otherwise, slot machine denominations with the highest-to-lowest player returns for June 2019 in all casinos in the downtown Las Vegas area were:

• Multi-denomination: 100% minus 5.44% equals 94.56% return to the player
• 25-cent quarter slots: 100% minus 5.49% equals 94.51% return to the player
• 1-dollar slots: 100% minus 5.59% equals 94.41% return to the player
• 5-cent nickel slots: 100% minus 5.75% equals 94.25% return to the player
• 5-dollar slots: 100% minus 7.49% equals 92.51% return to the player
• 1-cent penny slots: 100% minus 11.03% equals 88.97% return to the player
• Megabucks: 100% minus 14.02% equals 85.98% return to the player

I understand that this is a lot of statistics. But consider what we learned even with this simple research of statistics from downtown Las Vegas casinos for June 2019:

1. The worst payout returns are on Megabucks
2. The second-lowest payout return is from penny slots
3. The third-lowest payout return is from $5 and $25 slot machines
4. The best returns, all very similar, are nickel slots, dollar slots, quarter slots, and multi-denominational slot machines

A further detailed analysis would be to perform the same straightforward payout return study on downtown Las Vegas casinos separated into three ranges of gaming revenue.

I’ll save this further analysis for another time. We’d need to run down the monthly gaming revenue for each casino, likely from their casino operator’s financial reports filed with the Security Exchange Commission.

How Many Slot Machines Are There In Las Vegas Nevada

4. The Many Wonderful Las Vegas Gambling Podcasts

So far, I’ve talked about gaming regulations and gaming revenue reports available from the state of Nevada. These topics were based on official information from the government. But, that’s not everything we have. There are also people like you.

More specifically, there are people like you that have enjoyed Las Vegas so much that they started a podcast about it. There are more than a few such Las Vegas gambling podcasts. In preparation for your next Las Vegas visit, start listening to them to learn a lot of tips and tricks from these Las Vegas experts.

Each show is more-or-less available anywhere you find podcasts. Some shows are former or current radio shows which distribute as a podcast so, again, look for them wherever you find podcasts.

If you’ve never listened to a podcast before, you might wonder how to start doing so. Here’s how. There are a selection of podcast apps and services on this webpage. It’s on the right side if you’re at a computer or at the end if you’re on a mobile device.

Those linked images go to my podcast show at those sites. After subscribing to my show, of course, use their search tool to find any of the following podcast show names:

• Five Hundy by Midnight
• Vegas Never Sleeps
• 360 Vegas
• You Can Bet on That
• Gambling with an Edge
• Vegas Confessions Podcast
• Vital Vegas

The longest-running Las Vegas gambling podcast is Five Hundy by Midnight: The Original Las Vegas Podcast. They’ve been at it since January of 2005 providing weekly episodes since then. At the time of this writing, they are up to episode #702. The hosts are relatively focused on Las Vegas news stories.

Vegas Never Sleeps by Steven Maggi is a former radio show now distributed as a podcast. He’s been broadcasting since 2008. His show is mostly thoughtful interviews with various Las Vegas entertainers and others. I was one of those other interviewees in March of 2018.

360 Vegas is a popular podcast about all things Las Vegas. They also host an annual meetup called 360 Vegas Vacation. The 2019 event, Twitter hashtag #360VV9, is on September 1-3, 2019. At the time of this writing, it’s still about a month away.

Gambling Podcast: You Can Bet on That, a podcast for the recreational gambler, is hosted by Mark and Dr. Mike. They have great chemistry and produce a fun and friendly show. While they are physically located in San Diego, they are so near Las Vegas and visit so often that they often talk about it.

How To Play The Slot Machines In Vegas

Gambling with an Edge is a weekly live radio show in Las Vegas found afterward as podcast episodes. It’s hosted by Bob Dancer and Richard Munchkin of video poker fame. They interview professional gamblers, authors, and casinos insiders.

Vegas Confessions Podcast is all about the casino and gambling lifestyle. The three hosts are often in Las Vegas. They cover Las Vegas topics as well as gambling superstitions, casino games, food reviews, trip reports, and more.

Last but certainly not least is Vital Vegas by Scott Roeben. His blog, twitter feed, and podcast are incredible. He loves Las Vegas. Here you’ll find essential Las Vegas news, tips, deals, and (as he says) WTF. In my opinion, out of all the Las Vegas podcasts I mention here, pick Vital Vegas. You won’t regret it.

None of these podcasts have paid me to promote them in this blog. I like to listen to them and thought you might find them useful in preparing for your Las Vegas visit.

I should further note that this is not a comprehensive list of Las Vegas podcasts. For instance, I haven’t yet listened to the Faces and Aces Las Vegas podcast. Again, the podcasts listed are merely those I have discovered and enjoyed over time.

5. Downtown Versus the Strip

Las Vegas is famous for the Strip with its world-famous mega-resorts, shops, five-star dining options, and entertainment venues. But there is also the smaller and lesser-known historic downtown Las Vegas with its venerable casinos, museums, and zip line.

Comparing the Strip to Downtown is like comparing apples and oranges. Each location is a unique experience with different options. At a high level, I could perhaps best describe Downtown as where many locals go while the Strip is where out-of-towners tend to be.

How do I know this? Because of reported gaming revenue for the two areas. For 2018, the Las Vegas Strip had $6.6 billion in annual gaming revenue. Also for 2018, Downtown Las Vegas had less than 10% of that annual gaming revenue or $650 million.

The Strip has big casinos, big acts, and big everything else. Again, it’s world-famous and hardly a secret. Downtown Las Vegas is known as Old Vegas or merely Fremont Street. For many visitors, Old Vegas is the secret worth sharing.

Old Vegas is more than one secret. It is perhaps as many as 15 secrets, all by itself. In advance of your Las Vegas visit, consider reviewing this post from The Crazy Tourist, 15 Best Things to Do in Downtown Las Vegas.

If you are staying on or slightly off the Las Vegas Strip but want to visit downtown Las Vegas or vice versa, how do you get there? How far apart are they?

Downtown and the Strip are about two to five miles apart. With light traffic on Las Vegas Boulevard, it takes 15 to 20 minutes to drive from mid-Strip to the Fremont Street Experience. This time applies to driving your car, or taking a rental, including finding a spot to park.

Otherwise, there’s taking the bus, walking, rideshare services like Uber and Lyft, and taking a taxi. It’s a two-mile walk from the Stratosphere on the north end of the Strip.

6. When to Visit and When Not to Visit

Whether you visit the Las Vegas Strip, downtown Las Vegas, or both, winning at slots in Las Vegas means considering when to visit. This question has to do with the number of visitors in Las Vegas at any given time.

In 2018, over 42 million people visited Las Vegas. In June of 2019, 3.9 million people visited according to the Las Vegas Convention and Visitors Bureau. Only 514,000 visitors, about 13% of the monthly visitors, were visiting in June to attend a conference.

Per month, most visitors are in March at less than 3.8 million while the least visitors were in February at 3.2 million individuals. Conference attendance is meager during December.

What I’m trying to do here by digging into these statistics isn’t to examine the number of visitors in a month or a year in the city of Las Vegas. What I’m trying to dig into relates to experiences my fanbase has been having when visiting Las Vegas.

What happens to them? Whether they are on the Strip or Downtown, they have been reporting that they win at slots on weekdays and lose playing slots on weekends.

Why? I can explain why, and touched on why above, but it hardly matters. This pattern exists, whatever its cause. And I want that you should know about it when planning your Las Vegas visit.

I touched on why this is above, about casinos being a business with fine control over their payout return statistics for slots. This control is now daily due to technological advances in casino operating systems. At most modern casinos, central computers control slot machine odds of winning.

As I have mentioned elsewhere, casino operators have been seeing an unprecedented number of casino visitors. To manage such large groups, casino operators needed to automate their casinos. Doing so allowed them to reduce their workforce while also providing them the ability to achieve their daily financial performance metrics.

Both changes resulted in significantly reduced operating costs. However, automation means casinos can quickly adjust the odds of winning on all their slot machines. When would they need to do this?

How Many Slot Machines Does The Wynn Las Vegas Have

It’s a business decision. Casino operators universally decrease the odds of winning on slots machines during the weekends when hotels have higher occupancy. To keep some balance, they’ll also increase the odds of winning on slots during weekdays.

Nevada gaming regulations require a monthly revenue report from each casino. That’s a monthly report. Even if it was a weekly report, this difference in weekday and weekend payout returns is unnoticeable.

Both a weekly and monthly report shows the payout return average over their respective periods. Only a daily report would show the casino’s behavior of changing slot machine odds within a week.

But the Nevada gaming regulations don’t show daily gaming revenue reports. No state does. So, casino operators can do this without breaking any laws.

Based on experiences shared by my audience, there are lower odds of winning on slot machines starting by 10 a.m. on Friday through around sunrise on Monday morning. Further, the same reduction occurs on significant holidays or whenever Las Vegas has more extensive than usual crowds of visitors.

Please plan your Las Vegas visit accordingly, especially when choosing which day or days you plan on playing slot machines while there. In general, if there’s a crowd then be very cautious about risking your bankroll.

7. Candidate Winning Slot Machines in Las Vegas

Scott Roeben first mentioned the best slot machine I know about in Las Vegas. He runs the Vital Vegas blog, Twitter feed, and podcast. This slot machine is in Four Queens in downtown Las Vegas over by the cashier’s cage.

Scott posted a photo of this “Old Faithful” slot machine on Twitter along with its general area within the casino. It’s a 2-credit, $5 denomination Progressive Wheel of Fortune machine.

Being a $5 denomination slot machine, it’s high-limit. I don’t recommend playing high-limit slots unless you can afford the relatively large bankroll required to make 100 to 120 bets of $10 each. Don’t ever bet with any amount of money you can’t afford to lose.

Remember, winning by luck isn’t something with which I can help you or anyone else. Instead, winning because you have an excellent plan is something with which I can and do help.

Bonus Secret

Thanks for reading so far into this rather long post with so much statistics. You deserve a reward. And so here it is.

Less than two months ago, audience member James reported from the Four Queens Casino in downtown Las Vegas. Based on his experiences, they’ve set up their slot machines to provide a quick win or “taste” followed by no wins.

The advantage play to use in response to this casino setup is what I call my “Five Pull” approach. For slot machines there, make only five bets before moving to another slot machine. If you win anything at all, move on without making any remaining bets.

Optionally, if you can, try to play slot machines not played for at least a few minutes or longer. Of course, finding an idle slot machine isn’t possible on busy nights at the casino.

I explain this specific winning strategy in detail in my blog article Winning Strategy 1: Only Win Immediately.

Summary of Las Vegas Visit

In June of 2019, 3.6 million people visited Las Vegas. Next month, you might be one of them. Whether you’re a frequent traveler to Las Vegas or a newbie, this post helps you be better prepared for playing slots in Las Vegas.

When it comes to winning with slots at someplace you’re not as familiar with as your local casino, preparation with a little thought is the key to a successful trip.

Join our Nevada slots community, a private and closed Facebook Group, for more advice from fellow lovers of slots and Las Vegas.

Have a great Las Vegas visit and let us know how it goes!

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Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC