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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. To put it simply, the payout percentage is the average amount of money that will be returned to a player in the form of winnings, compared to the amount that the player wagered. With online casinos it's usually pretty straightforward. It's fine to play for entertainment, and that's usually a priority for slots players, but it's also way more fun when you have the best chance of winning and you know you're getting the best value for your money. When people call slot machines "loose" and "tight" they're referring to the payout percentage. To make matters worse, casinos and game developers don't publish the numbers for specific machines. It's true that the odds of winning a huge jackpot are slim, maybe even similar to winning a live lottery, but there's a big difference between the lottery and slot machines: With slots you can have lots of smaller wins in addition to a chance at the jackpot. Online Slots. 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. The more you plan to play, the more important it is to find a game with a great RTP. By using these numbers we can get a general idea which states have the loosest slots and the highest RTP. In the next section we'll explain how to find the best games and how to give yourself the best chance of hitting a big score. It shouldn't surprise you that Nevada has the highest average RTP percentage with the Boulder Strip being the absolute highest at The Las Vegas Strip is significantly lower at The State of Florida requires casinos to provide a minimum 85 per cent payout percentage and the casinos also must publish averages that include all of their gambling machines. 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. They give you the opportunity to blow the payout percentage out of the water with one big win. Usually the more you bet, the more favourable the payout percentage is. The biggest ever? Or, if you're itching to get in on the action right away, browse our comprehensive online slots reviews for a shortcut to the very best games the internet has to offer. If that doesn't work, a good last resort is to contact the casino directly using their live chat or customer support tools. 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. Compared to Nevada, New Jersey has pretty tight slots.{/INSERTKEYS}{/PARAGRAPH} Loosest Slot Machines What is a loose slot machine? Remember, it's equally important to know the numbers whether you're playing on the internet or in a brick and mortar casino. Second, they release average payout percentages that include all of the casino's gambling machines. When you hear gamblers talking about "the house edge", they're actually referring to the same thing as the RTP and payout percentage. 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. That's one of the reasons people love slots. Generally speaking, online casinos offer better payout percentages compared to brick and mortar casinos. 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. Another reason so many people love slots is the chance of winning a truly life-changing jackpot. Luckily, other people have already done most of the hard work for you. That's reflected in the payout percentage and it applies to all casino games, not just slot machines. In terms of RTP and payout percentage, however, there's always a trade-off with games that offer big jackpots. But, like we said before, that's just an average. If you're interested in the very biggest prizes online, check out our progressive jackpot page for a comprehensive list. With a payout percentage of 95 per cent you're only sacrificing an average of five cents out of every dollar you bet, and in the short term you can expect to win about as often as you lose. Let's look at an example: Your favorite online slot has a payout percentage of 90 per cent. It's also true that the payouts vary even within the same game depending on how much you're betting. 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. You're probably wondering where you can look to find the stats. 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. Another name for the payout percentage is RTP. The larger the sample size of spins on a certain slot machine, the closer the actual results will be to the RTP. The truth is, people play the lottery their entire lives and never win a cent which makes slots a much smarter bet. Homepage Slots Payout Percentages. Online and offline games operate on the same basic principles as far as how slot machines pay out. That's because they have lower overhead and an unlimited number of people can play the same game at the same time. 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. 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. 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. A game with a payout percentage of 95 percent, for example, has a house edge of 5 percent. The key word to remember is average. The most important thing to remember is that the RTP is a statistical average. The casino knows people here are just killing time while they wait and won't be playing for very long. What are Slot Payout Percentages? First of all, most states set a minimum and maximum payout percentage that casinos must follow. 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. However, there are ways players can figure out which machines have more favorable payouts. In addition to the RTP, another important stat to look for is called the "hit frequency". Let's look at an example: Your favorite slot machine has an RTP of 95 per cent. 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. 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This number is also a percentage and refers to how likely each spin is to result in a winning outcome for the player. It's easy to see that a higher payout percentage favors the player and that's why it's really important for you to do the research and focus on the slots with the highest payout percentages. A game with a 20 per cent hit frequency will result in a winning combination one in five times on average. The looser the slots, the better it is for the player. Progressive jackpots work by taking a small piece of every bet and adding it to a prize pool that continues growing until someone wins it. 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. As a smart gambler, it's up to you to search for the machines that offer the best odds. 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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. Offline Slots When it comes to payout percentages, it's all about how slot machines are programmed.