Loose Slot Machine Meaning

Where to Find Loose Slots Online and How to Exploit Them

Loose Slots-Loose slots is a reference that refers to how often a particular slot machine pays out. A loose slot machine can be expected to win more often than a tight slot machine. Multi-line Bonus Slot Machine- A multi-line bonus slot machines are slots that offer more than one payline. Some multi-line bonus slots have as many as fifty paylines. The slot machine, the historical antecedent for which came from nearby Brooklyn in the 19th century, is a curious device. As a Nevada regulator notes in Addiction By Design, it is the only 'game.

Casinos have to approach the slot machines they place in this area differently as opposed to ones they place in high-traffic areas. Slots that are placed here have a lower medium game play and tend to be tighter. In order to keep the numbers ticking over in this zone, the slots must be lower risk, have lower max bets and set ”looser”.

There are plenty of loose slots to be found online in 2020. For me this makes it all the more surprizing that most players miss out, and play the tighter ones. Of course the main reason is lack of knowledge as to which slots are loose and which ones are tight. It is not as if the casinos are going to tell you directly after all!

This page shows you how to find loose slots, gives you examples from some of the main slot software houses covering both US and non-US players – and then goes on to explain how you can adjust your staking, bankroll and use of incentives like bonuses, comps and spins to make the loose slots looser still.

First, a definition – what makes a slot ‘Loose’

The accepted benchmark in casinos is that a slot that returns more than 96% of bets to a player is put into the loose category. Conversely, a slot which returns less than 96% is considered tight.

This is an old definition which comes from live casino slots, my view is that a truly loose one should pay a little more than 96% - I’m thinking in the 96.5% to 97% range. If you stick to slots with reasonably low variance that pay out well, then you have found an ideal game to use for playing through your bonus credits.

Examples of Loose and Tight Slots

Here are some examples of slots from some of the big software houses which fall into the loose and tight categories. For the non-US ones (MicroGaming, NetEnt, PlayTech) the clear best place to play them all is at the Unibet Casino where you’ll find more than 600 slots from all of the major software houses.

If you are US based you can enjoy those loose RTG, Rival and BetSoft slots at the huge Bovada Casino – the #1 offshore outfit with more than 10 years of experience looking after US based players. Check out www.bovada.lv

Non-US Casino Software

Loose MicroGaming Slots: There is a lot of variation in the MicroGaming range, with many slots at 96% and above, and many at very low RTPs of 94% and below. Their flagship jackpot slots are in the ‘avoid’ list, with both Major Millions and Mega Moolah not even reaching 90% (terrible!). There are some slots over 97% including Feathered Frenzy, Hot as Hades and Treasure Island. For the record, their most popular non-progressive title – ThunderStruck II – has a solid RTP of 96.6%

Loose NetEnt Slots: In contrast, the biggest jackpot slot at Net Entertainment casinos – Mega Fortune – has a solid 96.4% RTP. Other popular slots include Hall of Gods at 95.5% (on the low side for me) and Gonzo’s Quest at a more reasonable 96.1%. In general, it is hard to go too far wrong with NetEnt, most of their slots are in the 95%+ bracket. Good examples include Kings of Chicago at 97.8% and the new Tornado: Farm Escape at 97%.

Loose PlayTech Slots: You have to be a lot more selective with PlayTech than with most other slot software houses. There are a lot of slots in the 91% to 93% range, which is horribly tight compared to their rivals. Even some flagship Marvel titles are in the ‘no-go’ zone, with the Hulk 50 line one to completely avoid… none of the Marvel slots makes it into the ‘loose’ category. Good options include Sinbad’s Golden Voyage (97.01%) and Neptune’s Kingdom at 97.19%. Monty Python’s Spamalot, which has a huge jackpot has a lower 93.99% RTP.

You can find MicroGaming, PlayTech and NetEnt Slots at the popular www.unibet.com.

RTP of US Casino Slots

Loose RealTime Gaming Slots: The returns for RTG slots are adjustable by the casinos. These can range from 91% to 97% RTP, and you will not usually know what returns each casino is giving you. If you want to enjoy RealTime Gaming slots, it is vital that you do so at a big and well-known brand casino.

Loose Rival Gaming Slots: There are some very loose slots in the Rival Gaming range, which include some of their flagship iSlots. Conversely, some titles are ridiculously tight – for example Eggstravaganza only manages 89.5% and 1 Million Reels BC 90.6%. The best option is the iSlot ‘Cosmic Quest 2’ which returns 97.89%, another good RTP on an iSlot is the second instalment of ‘As the Reels Turn’ which clocks in at 97%.

Loose BetSoft Slots: You’ll find very few bad slots in the BetSoft range, with the majority of titles either side of 96%. There are a couple of bad deals, Gold Diggers for example is 91.23%. Some of the most popular titles are loose, with Good Girl / Bad Girl, Greedy Goblins and At The Copa all above 97% RTP.

You can find BetSoft, Rival and RTP slots at the popular www.bovada.com

How to Find Loose Slots to Play Online

The lists above are just a starting point. Once you figure what kind of slots to aim for, you will want to check how tight they are before you start playing.

I recommend you check the rules and / or terms of use for each game. This will give you a figure which is usually represented by the acronym ‘RTP’.

RTP stands for return to player, and is the percentage of stakes that will be paid out in prizes over the long term. There is one more thing you need to understand before going ahead – variance.

A jackpot slot which pays out $1 million once a year may well have the same RTP over time as a simple game which pays out smaller wins quite often. From the individual’s perspective, the jackpot game is not loose at all – those occasional giant payouts skew the average, and most players will experience an RTP which is on the tight side.

Think about the many games you have played. Most can be put into one of two categories – small frequent wins or larger wins that are less common. This is the variance of a game, the higher the variance the bigger the bankroll swings you will experience while playing.

High variance slots can be the most enjoyable to play (that excitement of a big win makes a nice difference). This depends on exactly why you are playing.

If you are playing to clear a bonus, or to relax with a nice long session then what you should aim for is a slot which is both loose and low variance.

If you have the cash and want to aim for a big win without throwing your cash away into a ‘tight’ slot, then high variance games (including those with big jackpots) may be just what you are after.

Staking and Loose Slots

Now that you understand the role of variance when assessing the RTP of a slot, you can consider how your bankroll management and staking preferences work with this. The idea here is that the higher the variance of a slot, the bigger bankroll you will need to play it. With slots that pay bigger and less frequently, you will sometimes find yourself out of credits before you hit a big win. If you prefer the lower variance loose slots, then you should find yourself turning over your bankroll multiple times – and will not need so much cash to start with to enjoy a long gaming session.

My rule of thumb is to bet less as a percentage of your entire bankroll the higher the inherent variance of a slot. Clues include TV / Movie tie-ins, big progressive jackpots and feature rounds with extra big prizes compared to the base game.

How to Make Loose Slots Event Looser!

Many of you will have figured that loose slots with lower variance are the ideal candidates to take advantage of casino bonuses with.

You should also understand that by picking the slot with the higher RTP, adding bonuses and comp (loyalty) points, you can turn the edge in your favour (at least while you are clearing the bonus) .

Loose Slot RTP – 97%

Add Bonus Clearance: 2%

Add Comp Point Value: 0.5%

In this example you have reduced the house edge to a tiny 0.5% - there are rarely better opportunities than that available in online casinos.

Where to Play Loose Slots in 2020?

Here are my recommendations, the first is for readers outside of the US. For US players, skip to the second recommendation below.

#1 Loose Slots at Unibet Casino

With more than 600 slots from all of the world’s biggest software houses available without needing a download, Unibet has become the go-to destination in Europe and beyond for huge numbers of slot fans. You can try out the games before you deposit, and will be extremely well looked after if you do join. You can get 50 free spins on the biggest jackpot slot around (Mega Riches) + a 100% deposit bonus – you’ll also get to enjoy the biggest selection of loose slots in 2020 for any big brand. Check out www.unibet.com for yourself now!

#2 Loose Slots at Bovada Casino

Bovada are the biggest and best of the offshore casinos welcoming US players. This brand used to be known as Bodog, before rebranding. Uniquely, you’ll find slots from 3 major software houses here with Rival Gaming, RTG and the amazing 3D titles from BetSoft all available. There are plenty of loose titles, and plenty of huge bonuses too – with a welcome package worth up to $3000 waiting for new players and top-rated promotions. Check out www.bovada.lv for more.

More Slot Guides

Slot machines often get a bad rap from gambling writers. But the truth is, slot machines are the perfect gambling activity for certain types of people. They’re easy to understand, they’re easy to play, and they offer the possibility of big winnings.

The unicorns that most gamblers are looking for in the casino, though, are the loosest slot machines. What does that mean?

When a gambler describes a slot machine as “loose” or “tight,” she’s usually referring to the payback percentage for the game. Slots with a higher payback percentage than average are loose, while slots with a lower payback percentage than average are tight. Loose slots usually have a higher hit ratio than tight slots, too.

You’ll find plenty of inaccurate information about how to find the loosest slot machines in the casino. I try to avoid most of those inaccuracies in this post, but I do want to begin with a warning:

The probabilities involved with slot machines are “opaque.” That means you don’t have any way of knowing what the payback percentage for any particular slot machine game is. The random number generator that determines the outcomes is programmed to have each symbol come up with a certain probability, but there’s no way of knowing if that number has been set to 1/6 or 1/60. Even observing a large number of spins only provides limited insight into these probabilities.

You do know what the payouts are for the various combinations. But since that’s only half the equation, you can’t really know whether a game is loose or tight except anecdotally. I’m going to assume that anecdotal evidence has some value, but in terms of math, science, and statistics, anecdotal has no value at all.

1- Look for the Loose Slot Machines in the Locations Where Loose Slot Machines Are Found

What Are Loose Slot Machines

Casino mapping is a real thing, but it’s not as simple as some gamblers would have you believe. If finding the loose slot machines were as easy as just playing the games located nearest the walkways, everyone would play those games to the exclusion of the other games.

That being said, it might be worth giving those games a try if they look like fun. They’re not more likely to be tighter than the other machines than any other game on the casino floor.

I’ve read that some areas in the casino have lower payout machines than others, and it might be wise to avoid games in those areas. These might include:

  • The main slot machine floor. These games probably see the most action, so it would make sense for them to have lower payback percentages.
  • Near the table games. These games see more than their fair share of action, too. The same reasoning would apply.
  • Near the poker room. I’ve seen some gamblers swear that these are the worst machines in the casino. You have to wonder about a poker player who spends a lot of time playing slots, though.

Of course, there are other locations where the loosest machines might be located. Depending on whom you believe, these might include:

  • Anywhere that gets more traffic than usual. For example, if a slot machine is located near the elevators, it might have higher payouts to attract play from someone who might not otherwise play.
  • Anywhere that another gambler recommends. This is, of course, the classic mistake—relying on anecdotal evidence. It’s possible, though, that you might find a slot machine player who’s been paying close attention and knows where the loose machines are.

In fact, that leads me to my next point…

2- Don’t Be Afraid to Ask

The obvious person to ask about the location in the casino of the loosest slot machines is someone who works there. This isn’t a guarantee that she’ll be able to direct you to a loose machine, but she might have some insight based on her observations. Depending on how long she’s worked at the casino, she’s probably seen tens of thousands of even hundreds of thousands of gamblers over her career there. She might have noticed that a lot of them seem to be winning on slot machines in a certain location.

In fact, some casino employees even have their own favorite machines. If they play slots, they might have more insight into where the hottest machines are than you could imagine. Don’t pay much attention to the employee who tells you where last week’s big winner hit, though. That has no predictive value at all.

If you’re dealing with a cocktail waitress, it’s a good idea to tip generously. For that matter, no matter what they do at the casino, if they try to help you find a loose gambling machine, tip them. At some casinos, employees are forbidden from suggesting specific games. Sometimes you’ll find casino employees who just don’t want to be bothered with such concerns, too. Don’t be a jerk if that’s the case.

3- Don’t Play Slot Machines That AREN’T in Casinos

In towns like Las Vegas, slot machines are everywhere, in all kinds of businesses. Every bar in the city seems to have some slot machines. The airport is full of slot machines, too. You can even find slot machines in the gas stations and convenience stores.

We know one thing for certain about slot machine games in these non-casino locations:

They don’t pay out well. The payback percentage for airport slots in Las Vegas are the worst in the city. Bars aren’t much better, either. The owners and operators of these businesses figure they’re the only game in town and have a captive audience. So they set the payback percentages for those games accordingly.

Casinos, on the other hand, are competing with other casinos for the mindshare and hard-earned dollars of the casino gamblers. Since they’re in competition with the other casinos, they must offer payback percentages that are as good as their competitors’ or better.

This is one ironclad rule for finding the loosest slot machines in the casino:

ONLY play slot machines in a casino, not the slot machines in other businesses. That’s as good a starting point as any. The difference could be as significant as the difference between a 94% payback percentage and a 74% payback percentage.

Assuming you’re a conservative, low-stakes player, here’s the difference in predicted hourly loss between those 2 examples:

  • Assume 400 spins per hour at $1.25 per spin, for $500 per hour in action.
  • A game with a 94% payback percentage will see predicted losses of $30/hour.
  • A game with a 74% payback percentage, though, will see predicted losses of $130/hour.
Loose Slot Machine MeaningSlots

If that difference doesn’t seem significant to you, what are you doing playing penny slots anyway?

4- Look for the Plainest, Most Boring Games with the Fewest Paylines

Generally, the slot machines with lots of paylines have lower payout percentages. They’re able to compensate for this psychologically by having a high hit frequency. With 25 paylines, you might win something on almost every spin, even if it’s an amount lower than the amount you wagered in total.

For example, you might be playing a penny game with a max bet of 5 coins and 25 paylines. You’re betting $1.25 every time you spin the reels. Many times, 1 or 2 paylines might win, but the payout on those bets might only be 50 cents. That’s a lot compared to the nickel you bet on that individual payline, but you bet on 25 paylines, remember?

The human brain gets just as much of an endorphin rush from a “win” like that as it does a profitable win of more than your wager. The brain chemistry can’t tell the difference. That’s why it’s up to you make smart decisions about which games you play. If you can, find an old-fashioned looking slot machine with a single payline right down the middle. It should look mechanical, even though it’s powered by the same random number generator computer program as the other slot machines in the casino.

Since such games have no bonus features or bells and whistles, the casino can afford to have them pay out more than the big fancy games. I had a lot of fun on The Big Lebowski slot machines recently, but I can’t even imagine what such a big impressive game like that must cost a casino. The cost of the machine alone must be outrageous.

5- Stick with the Flat Top Slot Machines

Slot machines can be broadly lumped into 2 different categories:

  • Progressives
  • Flat tops

A flat top slot machine is a game with a jackpot (top prize) of a fixed amount. This amount is usually 1000 times the size of your bet, give or take.

A progressive, on the other hand, has a jackpot that grows bigger as you play. The casino is able to grow the size of the jackpot by taking a tiny percentage of each bet and applying it to the jackpot amount. That amount can be seen as coming directly off the payback percentage for the game. Even if that’s not exactly how it works, when you think of how a payback percentage works, it might as well work that way. You won’t get rich playing flat top machines, but you’ll lose less money on them in the long run.

For that matter, you probably won’t get rich playing progressive slots, either. The odds of winning the jackpot are just terrible, comparable to playing the lottery. Sure, some people win the lottery. But I can’t imagine playing a game with a house edge that large repeatedly, hundreds of times per hour.

6- Play the Highest Denomination Game You Can Afford

Loose Slot Machine Meaning

You’d probably be surprised to know that penny slots are often as expensive to play (or even more expensive) than dollar slots. Here’s why:

Most penny slots require you to wager 5 credits or more per spin. It’s also hard to resist betting on multiple paylines. It’s easy to find a game with 5 coin bets on each line and with 25 paylines. Before you know it, you’re betting $1.25 on every spin.

But you could switch to a dollar slot machine and probably do a lot better. For one thing, you could just bet a dollar per spin on a single payline. Now you’re betting less per spin than you were on the quarter machine. But what’s really impressive is the difference in payback percentage.

According to The American Casino Guide, the average payback percentage for penny slots on The Strip in Las Vegas is 88.49%. On the other hand, dollar slots on The Strip average 92.63%. That’s a difference of roughly 4%, but what’s the difference in your bottom line?

Suppose you play 600 spins per hour on that penny machine. You’re putting $750 in action each hour–$1.25 per spin multiplied by the 600 spins per hour. With an 88.49% payback percentage, in the long run, you’ll average $663.68 back per hour. That’s an average loss per hour of $86.33.

No play those same 600 spins on a dollar machine, betting only a dollar on each spin. That’s $600 in action multiplied by 92.63% to get an average payback amount of $44.22. You’ll lose HALF the money on the dollar slot as you would the penny slot! That’s a significant difference, and one you should take note of.

Just be careful and read the pay tables. Slot machines vary a lot from one machine to another, and you should always play enough coins to activate the biggest jackpot. If the ratios change based on playing for fewer coins, you want to avoid that game or bet max coin. You might be surprised at how many slot machines DON’T require you to place a max coin bet, too, though.

7- Try Online Slot Machines

Since online casinos don’t have all the brick and mortar expenses of land-based casinos, their games sometimes offer higher payback percentages. You must balance this with the trustworthiness of the casino, though. Some internet casinos are notoriously hard to cash out of.

Loose Slot Machine Meaning Urban Dictionary

Of course, if you stick with the casinos recommended on this site, you probably won’t have to worry about that. Our team of casino reviewers and researchers has thoroughly vetted the properties we list here on our site.

And if you take how competitive they are as a measure for how loose their games must be to attract customers, you’ll find that the casinos on the web are even more competitive than the casinos in Las Vegas.

8- Track Your Results and Make Some Assumptions

I recently visited a casino and tracked my results carefully on a machine. Of course, there’s nothing especially scientific about 200 spins on a machine, but you’re still operating from more data than most players if you do this.

It’s not hard to project a payback percentage, either. Start by writing down how much money you put in the machine. Then count how many spins you make on that machine. When you cash out of the machine, take a note of how much you’ve lost. You multiply the number of spins you made by how much you were betting per spin. You divide the total amount of money you lost by how many spins you made. Then you know the average loss per spin and can convert it into a payback percentage.

In my case, I was betting $1.25 per spin, so I put $250 in to action over 200 spins. I lost $50, which amounts to 25 cents per spin. 25 cents divided by $1.25 is 20%, which is the house edge. The payback percentage is the amount you get to keep—in this case, 80%. (You just subtract it from 100%.) Your goal is to find a payback percentage that’s better than average. Tracking your results this way also makes playing slot machines more interesting, because you have something to pay attention to.

There’s no scientific way to find the slot machines with the best payback percentage—the loosest slot machines. We have some ideas that are something more than guesswork, but they’re also a far cry from anything scientific.You can follow every piece of advice in this post and still lose more money at slot machines than you ever thought possible. My suggestion is to keep a careful budget for your gambling, and only play with money you can afford to lose.

Gambling at a casino—especially on slot machines—should be considered an entertainment expense. Budget for it accordingly, and if you occasionally win, great. But don’t count on it.

Wild And Loose Slot Machine

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1 Comments

Loose Slot Machine Meaning Definition

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