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The House Edge Explained When you hear gamblers talking about "the house edge", they're actually referring to the same thing as the RTP and payout percentage. Play Slots with Record Payout Percentages As a smart gambler, it's up to you to search for the machines that offer the best odds. Generally speaking, online casinos offer better payout percentages compared to brick and mortar casinos. Loosest Slot Machines What is a loose slot machine? In a single session there's always the potential for a big jackpot or, on the other hand, a cold streak of rotten luck. The larger the sample size of spins on a certain slot machine, the closer the actual results will be to the RTP. That's why you'll often see casino billboards advertising "The Loosest Slots in Town! That stands for "Return to Player" and just like the name implies, it's the average amount that will be returned to the player in the form of winnings compared to how much the player wagered. 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When it comes to payout percentages, it's all about how slot machines are programmed. In this guide we'll take a deep dive into everything you need to know, including offline and online casino payout percentage, return to player RTP percentage, house edge, where to find the loosest slots, plus tons more. The payout percentage can't guarantee how much you'll win in one session, or even in , but the more spins you make, the better the chances are that your results will be closer to the machine's payout percentage. That's reflected in the payout percentage and it applies to all casino games, not just slot machines. This number is also a percentage and refers to how likely each spin is to result in a winning outcome for the player. Compared to Nevada, New Jersey has pretty tight slots.{/INSERTKEYS}{/PARAGRAPH} The house edge is represented as the average percentage of your bet that the casino will keep. The payout percentage sometimes called RTP which we'll explain later in this article is sometimes posted on the rules or information page for the game itself, or as a list on either the online casino or the game developer's website. It's not unusual for these jackpots to get into the millions of dollars. A looser machine pays out more often and at a higher percentage while a tighter machine has a lower RTP and pays out less frequently. Online casinos are able to offer the highest RTP because they have much lower overhead than brick and mortar casinos. Remember, it's equally important to know the numbers whether you're playing on the internet or in a brick and mortar casino. But, like we said before, that's just an average. Machines close to cash redemption machines are also thought to be loose since the casino wants players cashing out to see people winning and be lured back to the games. 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Slot Machine Payouts Explained If you're one of the millions of people who love playing real money slots , it's an absolutemust that you fully understand the payout percentages of slot machines. {PARAGRAPH}{INSERTKEYS}If you're one of the millions of people who love playing real money slots , it's an absolutemust that you fully understand the payout percentages of slot machines. How to Find the Payout Percentage on a Slot Machine Online and offline games operate on the same basic principles as far as how slot machines pay out. A game with a payout percentage of 95 percent, for example, has a house edge of 5 percent. The same theory says to avoid slots near lines like the buffet and shows. There are tons of great forums and resources for gamblers online and the best place to start is with a quick Google search to find the numbers for the game you're looking for. Everyone knows it's a longshot but players love dreaming of what they'd do with millions of dollars if they get lucky and hit it big. Second, they release average payout percentages that include all of the casino's gambling machines. The house has an edge on almost every bet in the casino but the size of that edge varies dramatically depending on the game, or even between different bets within the same game. They give you the opportunity to blow the payout percentage out of the water with one big win. The truth is, people play the lottery their entire lives and never win a cent which makes slots a much smarter bet. The key word to remember is average. However, there are ways players can figure out which machines have more favorable payouts. Casinos make a profit by building an advantage right into the rules of the game. You're probably wondering where you can look to find the stats. First of all, most states set a minimum and maximum payout percentage that casinos must follow. 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If you're looking for online casinos that actually pay out, taking a closer look at the payout percentages is a great place to start. What are Slot Payout Percentages? It doesn't say anything about how much the player wins, just how often the player will win money on a spin compared to losing. Depending on the area, averages range from Casinos in Illinois average between Average payout percentages are reported by casinos in Indiana and they range from In Iowa the slots are even tighter with payout percentages starting at 89 per cent and going up to 92 per cent, depending on the casino. As we mentioned earlier, casinos and game developers aren't forced to release the payout percentages for specific games but they still publish some valuable information on slots. When people call slot machines "loose" and "tight" they're referring to the payout percentage. Offline Slots When it comes to payout percentages, it's all about how slot machines are programmed. 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