You've heard the term, but you have no idea what it means. A loose slot machine is one where people tend to win more often than on other slot machines. Generally, these are the machines that have an RTP of 98 percent or better. Because people win frequently, these slot machines are high in demand. Loose slots Casinos that offer huge jackpots usually make up for it by giving fewer small rewards on those machines Matt Villano March 5, 2009 Updated: Feb. 8, 2012 11:55 p.m.
Which types of slot machines make the casinos more money?
by Frank Scoblete
Slot players are always looking for their one true love. Unlike in affairs of the heart, they want that one true love to be loose.
One can take a quick glance at the slot payback tables in this issue, or any issue, of Strictly Slots to get an idea of which regions of the country have the highest slot machine payout percentages. Conversely, one can also see which areas have the lowest payout percentages. In jurisdictions that report individual percentages, you can also compare one casino to another. Slot or video poker machines that have higher payback percentages are referred to as “loose” while those with lower returns are “tight.”
The slot payout percentages published in Strictly Slots and Casino Player represent the average percent of each slot wager that is returned to the players in jackpots. For penny, nickel, quarter, 50-cent, one-dollar and even five-dollar machines, these percentages tend to reflect a large amount of play. You can be relatively certain that the payback percentage numbers are not only accurate, but valid. However, you can’t be as confident in the statistics for the higher denomination machines such as the 25-dollar and higher limits. These machines generally receive less play and the actual returns can vary widely in the short-term making statistically valid comparisons much less reliable. However, by comparing the payout percentages over a given period of time, readers can get an idea where the loosest and tightest slots can be found.
Realize, of course, that my designations of loose and tight are relative and based on a comparative study. A loose slot is loose in relation to one that is not as loose. Read that sentence again. A loose slot is loose in relation to one that is not as loose. It makes sense doesn’t it? This is Albert Einstein’s Special Slot Theory of Relativity. Now it doesn’t take a genius or a rocket scientist to see that a quarter slot machine returning 95 percent is looser than a quarter slot machine returning 89 or 90 percent.
Let’s suppose a casino’s slot aisles are filled with machines paying back 95 percent and a competing casino’s slot inventory only had 89 to 90 percent payback machines. All other things even, which casino property would make the most money in the long run? I say the casino property with the loose machines would make more money! There are several reasons for this.
Are Some Slot Machines Loser Than Others Suffer
First, with looser machines, players have a tendency to have more winning sessions, or lose less during losing sessions. They can also play longer without draining their bankrolls in a short period of time – their session bankrolls last longer! When players tend to win more or lose less at a particular casino, they tend to come back to that casino. The more they win, the more they prefer to play at the casino where these wins take place. Winning makes players happy. A happy customer is one who will come back time and time again. This is the repeat business scenario. The looser casino might not make as much from a player in one visit as a tight casino would, but when that player returns for multiple visits … Let’s just say, I can literally hear the cash register ringing!
Second, a casino with looser slots might win less per player per visit, but it will have many more players to win less from. This means they stand to make more money over time than the casino winning more money from fewer players. Read that again. It makes complete sense, doesn’t it? This isn’t rocket science!
Third, the more repeat visits casino players make to a casino property, the more money they tend to spend in the restaurants, bars, and sundry shops. Not to mention they spend money on hotel rooms and in other retail venues like clothing stores or specialty shops. This can be considered the reverse of collateral damage. It’s actually collateral profitability.
Let’s not forget that happy players tend to tell other players which casinos have made them happy. In short, they spread the glad tidings to their friends, relatives, and even strangers. So our happy player not only returns to play at that casino, but often brings friends and relatives with them on these subsequent visits. One might consider this a “friendly relative enhancement” for that particular casino.
Now, how about those casinos that have relatively tight slot machines? Are they in the forefront when it comes to a player’s long-term slot play? Not hardly!
Are Some Slot Machines Loser Than Others Perceive
Slot aficionados tend to hunt for the better payouts. When they can’t find them or simply get tired of losing, they make fewer trips. These players stay home and eat in their own kitchens and dining rooms. A casino restaurant can’t be full of diners if those potential diners decided to stay home. I think that these tight casinos are simply asking for long-term trouble.
To the casino executives at these tight properties, I say, “Come on! No one likes a tight wad.” These “Silas Marner” properties might make some money in the short-run, but they must recruit new players all the time.* Their crop of current players will often divorce them. Slot players are always looking for their one true love. Unlike in affairs of the heart, they want that one true love to be loose.
So what can you do if you find yourself in an area of the country where your local casinos have super-tight machines? Well, you could write a letter to the slot director. Chances are that that won’t work, however. More than likely the slot directors are probably looking at their bosses for guidance and in hopes that such a boss might promote them from slot director to casino director. I’ve found that casino directors often resemble sloths when it comes to the change department. Of course, you could just moan and bare it. I’ll admit that isn’t much fun and by accepting the status quo, nothing changes. Another course of action you could choose is to save your money and take a trip where the slot sun is shining. Sure the trip will cost you money, but such a trip is a vacation. Plus, you might have more fun playing longer and might even come away a winner! Your trip will cost the tight casino some money too. If enough players choose that path, maybe that will change the slot director’s mind to loosen payouts.
So, here’s the plan. Plain and simple: you must steel your mind against any machines that are tight. Don’t play them! Look up the figures and be aware of who’s who and what’s what on the casino slot frontier. Tell your friends and relatives the good places to play. Shoo them away from those casinos where the players represent the proverbial nail and the slot machines the hammer.
I think we should have a slot players’ rebellion in this country. To heck with the Tea Party! To heck with the Occupy Wall Street folks! To heck with everything that annoys you like high gas prices and nuclear war – we want slot machines that are really, really loose! We will not settle for anything less. If slot players win more, the casinos will ultimately win more. It’s a win-win!
I proclaim that we must have freedom! “Freedom to be loose,” I say. “Let freedom ring in the form of bells, cherries, bonus spins, and Triple 7’s!”
Whew. Sorry. I got a little carried away there. By now, I’m sure you get the picture when it comes to loose versus tight slots. After all, the picture is in high-definition and in 3-D. We can’t make it any clearer, we want loose machines everywhere!
*Editor’s Note: Silas Marner is a friendless weaver who cares only for his cache of gold before undergoing a life-altering event in George Eliot’s 1861 novel “Silas Marner: The Weaver of Raveloe.”
Frank Scoblete’s newest books include Slots Conquest: How to Beat the Slot Machines! featuring advantage-play slots; Casino Craps: Shoot to Win! which comes with a DVD showing controlled throws. Cutting Edge Craps: Advanced Strategies for Serious Players! and Beat Blackjack Now! These items are all available from Amazon.com or at your favorite bookstore. To order by mail or for a free brochure, simply call 1-866-SET-DICE.
Loose Vs. Tight – Slot.
When you play the slots you want to do your part to increase your chances of winning the jackpot. If you want to find a loose slot machine then you will find these tips to be helpful to you. The first thing you want to realize is the slots games do win at random and this means you should never count on a slot machine to produce certain results, but this doesn’t mean there aren’t some things you can do that will help you to increase your chances of winning. Below are 5 tips that will help you with finding loose slot machines to hit a jackpot.
- The first tip that will help you to increase your chances of hitting a jackpot is to time the machines. If you are in a land based casino playing the slots then you can simply sit near the slot machine you are timing and watch the results. However, you do want to make sure you are playing while you are timing that machine otherwise you can look like you are up to something and this will make the other players uneasy. If you are watching a certain machine and you see that it is getting a lot of attention and has yet to pay out a bog win then this is an indication that it should be getting close to paying out some nice wins soon. If this is the case, then you want to be the next person to jump on that machine when the person playing it steps away from it. If you are playing at an online casino then you want to watch for the announcements which many of the casinos post to let you know about recent big wins. If a slot machine has just paid out a large jackpot then you should give it some time before playing it.
- Another thing you want to keep in mind is the slot machines will have their cycles. There is not a game out there that will remain tight forever and at some point that machine is going to pay out big and you want to be the player that is playing it when this happens. If a game has been tight for a good length of time then it will reach a point where it will payout some nice sized wins, generally pretty much in a row. So, if you get on a game and it pays out a nice win don’t assume that is it and leave that game, stick around for a while and see if it has more to give. Many times you will see that pattern happen which will lead to you seeing quite a few bigger wins in a row.
- You should stay away from playing the slot machines that aren’t popular with the players. You want to play a game that has been getting a lot of attention from players. It is the more popular games that have a better chance of becoming loose and offering you the results you are looking forward to. By getting on a stale and less popular slots game you can waste your money only to find that the machine has nothing good to offer you in the way of decent wins. Plus, these games tend not to be very entertaining and are generally the ones that lack those special features which add both more excitement and chances for you to win.
- Another tip you want to keep in mind is not to fall into a trap of playing a game for too long. If the game is just keeping you going and giving you enough wins along the way to give you a false sense of hope then you want to realize that the game may not be getting loose and should be one you should stop playing. The best way for you to approach a game that is doing this to you is to stop playing it for a while and return to it in a little while. The best way to think about this is it’s like you are letting other players loosen it up for you and then you are returning when it’s closer to hitting. You never want to sit at one slots game and watch it take your money all the way down.
- Another great tip you want to follow is to play the high limit slots games. These games may cost you more to play, but they also pay out more. Plus, they tend to pay out more often. However, you will really need to watch your bankroll when you are on the high limit slots. If you are a player who is used to playing the regular slots then you need to be extra cautious when you switch to the high limit games because your money will go much faster and if you don’t watch it closely you could be in for a big surprise. However, when you want to find looser slots games, these will be your best bet.
Conclusion
When you want to find the loose slot machines and hit a jackpot you should follow the tips listed above. Always make sure you start out with a good money management plan and follow it. You should also make sure you have a good time. This way, you will enjoy your time playing no matter what the results end up being. With so many different types of slots games for you to choose from you should find many of them that will meet your own individual slots gaming needs. Don’t be afraid to leave a game that isn’t winning and which you feel isn’t going to hit any time soon. A lot of players get trapped into thinking that it will be just their luck that they will stop playing the game and it will payout big as soon as they leave it and this can be a costly way of thinking.