VideoSlots: 96.37% Payout. Videoslots is an online casino that focuses on providing customers with a wide range of slot games. The website, which launched back in 2011, also offers blackjack, roulette, live casino, scratchcards and table games to registered users, providing a wide variety of activities.
When you’re searching for the loosest slots online, you might be looking for specific fruit machines which pay off at high rates. The only problem with this method of shopping is the payouts can be changed from time to time, so you might not always be getting the best bargain, if you have dated information. I’ve found the best way to shop for good gambles online is to find the online casino websites which consistently pay out the most. From there, finding a slot machine with good pay out percentages should be child’s play.
Understanding The Payback Percentage
If you’re brand new to the online casino game, you might wonder what an expected payback or a payout percentage is. An expected payback is how much you expect to be paid back when you bet a theoretical amount of money. Let’s assume $100 is the standard amount you bet. If a casino has a 98% payout percentage, then you should expect to be win back $98 for every $100 you wager. If you see a 93.5% payout percentage, you’d expect to win $93.50 for every $100 bet. If you saw a 101% payout percentage, you’d expect to pocket $101 for every $100 you gamble. Anything at or over 100% is unrealistic, of course, because the house edge is how a casino stays in business. You should note that the house edge is the amount the casino expects to win on a $100 bet. In the previous examples, you subtract the expected payback from one-hundred percent to get the amount you expect. So in the examples, you would have a house edge of 2%, 6.5%, and no house edge at all.
Of course, the average payout percentage and what happens in a real sessions of slots can be far apart. The deviation on most slots games is often large. One person with a 96% expected return might win $50, while another person might lose $58. This would add up to the expected 96% return, but these two players would have to wildly different results. The longer a person plays and the more spins that happen, the closer you would expect the results to be close to the house edge. The larger the volume of players in both live casinos and online casinos, the more likely the casino management’s house edge is going to make them rich. When you’re a gambler wanting to play the odds, you want to find the games and casinos that pay back the most. That increases your odds of winning, though nothing is ever certain.
Published Payout Reports Can Help Find the Loosest Slots
Occasionally, online casinos are required to publish their payouts to the public. This lets gamblers know which casinos are offering the loosest slots online–or any other game, for that matter. Once again, this can deviate a great deal from one day to the next, one month to the next, and one year to the next. That being said, given the volume these various gambling sites see in a given month or year, analyzing the statistics is a good way to see which ones are offering the best games. Most of the casinos I’m going to talk about bring in tens of thousands of gamblers per month, so unless these guys have given up huge progressive jackpots that cause major deviations in the numbers, this should be a pretty good indication which ones offer loose fruit machines and which ones don’t.
Microgaming Casinos with Loose Slot Games
As late as August 2011 (the last time published reports came out), Microgaming had a stranglehold on the best payout percentages in the online slots industry. The #1 casino was Mummy’s Gold Casino, which had average published slots payout of 96.90%. Three casinos had better overall grades, with bet365, Ladbrokes, Intercasino, and Royal Vegas Casino offering total payouts (on all games) of 97.35%, 97.25%, 96.99%, and 96.98%. If you only look at the slots statistics, each of these casinos offered worse odds than the Mummys Gold Casino, though.
What’s probably most important to take from this report is that Microgaming slots had the best payouts on whole. Of the casinos so far mentioned, all were powered with Microgaming online casino software, except for Bet 365 and Intercasino, which use Playtech and Cryptologic, respectively.
Other Microgaming slots casinos that were among the top contenders were Lucky Nugget (96.46), Casino Action (96.17), 32red (96.05), All Jackpots Casino (96.03), Jackpot City (96.02), Spin Palace Casino (95.77), and The Gaming Club (95.27). Once again, these are a snapshot, not the full story. Each involves analysis of one month. For instance, I’ve always had better luck at All Jackpots or SpinPalace than some of the other listed casinos, but that might be my experience.
More Loose Slot Machines
The Microgaming sites weren’t the only ones surveyed, as mentioned above. William Hill Casino uses Playtech, but they only paid back 94.26%. The last time I saw this list, William Hill was closer to 97% and was ranked third on the list, so expect some deviation. Party Casino with its Party Gaming software did worse at 94.23%, while 888casino had an awful 92.11% payout percentage. If you’re playing against a house edge of 7.89%, you won’t have your bankroll for too long.
Specific Slots to Play with the Best Payouts
If an analysis of the slots casinos isn’t enough for you, I’ll give you a list of online slot machines with good reputations for the best payouts. Microgaming slots like Thunderstruck, Cash Splash, Ladies Night, and Double Magic all have good reputations. Playtech has games like Diamond Valley and Captain’s Treasure which are considered good. Mid-Life Crisis Slots from Realtime Gaming is another good option, if you want loose slots.
Don’t be fooled by bells and whistles. Many times, gimmick games are used to draw in the unaware. Those games which seem to have less frills often tend to pay out more. For instance, if you play a game like Double Magic, it might not seem like much to look at, but it’s popular because gamblers like it’s expected return. Also, if you’re looking for progressive slots with big jackpots and lots of action, you’re likely to be disappointed. To save up for that huge progressive jackpot prize, these slots have to take a lot of money from a lot of gamblers first. When you’re giving away $10 million to one person, you have to take $50 to $100 from a lot of other people. So if you’re looking for the loosest slots online, try to shoot for around 97% payback percentage and games without the biggest jackpots and most features. These are the games which should give you the most winning action.
The best-payout casinos are easy to find online. Several publications offer details of the payout rate for the top Internet casino sites. You might only be able to find one month per year that is closely covered (at least for online eyes), but you can extract a lot of information from the data offered.
That isn’t to say the numbers give a perfect view of how much casinos seek to pay back gamblers. Just like live casinos, the online websites can’t manipulate their numbers so well that they can hit their target numbers on the dot. For a game of chance to be legal, you have to be gambling on the odds. But the house edge yields a set of probabilities that the final numbers should get close to, especially in the casinos with a high volume of play. The more hands, spins, or rolls are bet upon, the more likely the expected return is likely to look like the final payout rate.
Online Casinos with the Highest Paying Slot Machines
What Payout Reports Mean
As I mentioned, just because one casino sits at the top of one month’s numbers, that doesn’t mean they will do that the month before or the month after. Over the course of a simple 30 days, a lot of deviation gets into the numbers. The expected payback on a site’s most popular slots might be one number, but one big jackpot can throw those numbers way off for the month. Or the lack of a big payout can lower the overall numbers for a casino which plans to have the lowest house edge–therefore they highest payouts. As they say, it’s gambling.
Still, the numbers are what they are, meaning past numbers are the closest answer you’ll get to which casinos are offering the best odds now. Casinos can say they offer this or that, but unless you’re willing to crunch the numbers on all the games (or know the payouts on your favorite games by heart), it’s hard to say which offer the best games. My suggestion is you learn the expected return on your favorite games and know how to spot alterations to the basic formula. If you like blackjack, learn what a switch from 3:2 payouts to some other ratio means to the odds of a game of blackjack. Know how to spot the best video poker games, along with how to learn whether an online casino offers imprisonment rules on their double-zero roulette. These are the ways you’ll assure you have the best odds online. Now let’s look at some numbers.
Summer 2015 Payout Reports
The numbers I list below are the total payout reports for all games at the following top casinos, including blackjack, craps, roulette, keno, video poker, slots, specialty games, and other assorted table games. I did not include the numbers for the slot machines by themselves, because I wanted to show which casinos offered the best all-around casino experience over the period covered (mainly June of 2013).
- 97.35% – Bet365 Casino – Playtech Software
- 97.25% – Ladbrokes Casino – Microgaming Software
- 96.95% – Mummy’s Gold Casino – Microgaming
- 96.81% – 32 Red Casino – Microgaming
- 96.60% – 888casino – 888 Proprietary Software
- 96.53% – William Hill Casino – Playtech
- 96.13% – All Jackpots Casino – Microgaming
- 95.77% – Spin Palace – Microgaming
- 94.93% – Party Casino – Party Gaming Software
You’ll want to cherry-pick information to suit your gaming needs, while you’ll want to know how to analyze the numbers and to learn which site gives you what you want.
For instance, Spin Palace Casino sits near the bottom on this list, but this was hurt by their incredibly high house edge on their slot machines (92.11% payouts for a gigantic 7.89% house edge). I’ll guess Spin Palace didn’t pay out any big progressive jackpots that month, which lowered their overall payouts for the whole month on everything. Since slots make up as much as 70% of the revenues for certain casinos, those low numbers hurt their final payout rates (from a player’s perspective). But if you weren’t playing the slots, that means the payouts on the other casino games like blackjack, craps, and roulette were much higher. This would lift the table game numbers to the top of the rankings.
Best Payouts on Slot Machines
Just so you’ll know, the best payouts on the slots for the month were Mummy’s Gold, 32red, AllJackpots, and Jackpot City. These were the seven casino sites with final slots numbers over 96%.
Best Payouts on Table Games
Since the top payout casinos like Ladbrokes and Bet 365 weren’t listed among those numbers, that means their table game payouts were off the charts. Since blackjack, roulette, and craps don’t have big progressive jackpots to pay out, the deviation on these games should be flatter from month to month. That means you should expect better blackjack odds from Bet365, William Hill, Ladbrokes Online, and 888 Casino on a monthly basis
Top Payout Rates for Online Casinos
Highest Payout Slot Machines
These numbers are changing constantly, of course. Even the numbers offered are still a small idea of the wider world of online gambling out there. The poker rooms, sports books, and racing books associated with each of these brand names would likely look a whole lot different. Other online brands might offer better odds, if you looked at more of the Playtech and Cryptologic payouts, or you looked at online software development companies like IGT, RTG, or Rival Gaming. The numbers listed were supposed to be the best for the month, but even these might be cherry-picked by the presenters, hoping to lure you to their favorite casinos. That’s why I wanted to give a report based upon all the information I had and not some sampling. I wish a list of comprehensive payout numbers for online casinos existed in one place, but with all the online operators, software design companies, licensing authorities, and jurisdictions, that would be a tall order. These should give a good idea of the payout numbers for some of the top casinos online, though.