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Almost every casino owner would confirm the following statement — players love slot machines. They are the most preferred casino games in the world. Even though people play them for fun, eventually, everyone hopes to win some money.

”How to win at slots?” is one of the most common questions players ask. Some even wonder if there’s a chance to trick the system. Players can use different approaches to increase their chances for a win, including finding a reliable casino or learning how to pick slot machines or use the bonuses.

The following article is our list of tips you can use to improve your winning odds. Our goal is to help you familiarize yourself with what you should or shouldn’t do to win at slots.

First and Foremost, Find a Reliable Casino (a Tip for Beginners)

If you are thinking about entering the exciting world of online gambling, the question is not whether you will find an online casino but how to choose the right one. The answer is simple — look for a licensed one. Your primary goal should be to have fun, so look for a platform that offers high-quality games and provides the most enjoyable atmosphere.

Learn How to Pick Slots Machines

You probably think luck plays a leading role in online casino games. Well, that’s not entirely true. For instance, when you are picking a slot machine, you can rely on some facts. A good slot machine offers the best combination of casino bonuses, Return to Player (RTP), volatility, and limits.

Besides picking the right slot machine, if you want to improve your winning odds, you should only play for the money you are willing to lose. The list of the best slot machines, based on their RTP, includes Big Bad Wolf, DemiGods, Gipsy Rose, and Kings of Chicago.

Choose Slots with the Best Odds of Winning

You will not win at slots every time you play. But you can improve your odds by choosing games with the highest Return to Player. Beginners usually think all slot machines are the same. However, that’s not true. It’s simple — the secret to knowing how to win online slots lies in understanding their odds. Choose a slot machine that pays out more than others and pay attention to their Return to Player percentage.

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Don’t Let Game Popularity Trick You

Once you start looking for some online slots tricks and tips, you may come across strategies warning you not to play the most popular games. According to these strategies, popular games have the worst payout percentage. While many people believe most popular online slots games have smaller payout percentages that’s not true. Those are mainly the games that are most featured in gambling news websites. But a game’s popularity doesn’t have anything to do with how much money you will make. The best tip is to check the game’s payout percentage before you start.

Be Aware of Your Budget

Playing slots is a roller-coaster of losses and wins, and you need to get ready for it. You can win big, so when those moments happen, enjoy them to the fullest. Keep in mind one thing — don’t bet on the money you cannot afford to lose. Games you are playing must fit your bankroll. Be careful and expect the unexpected. Make sure to familiarize yourself with different ways of using your money to place bets and play games.

Say Yes to Bonuses

Some casinos offer bonuses to those who make their first deposit with the casino. Don’t expect a tremendous amount, but expect it in the form of cash or free spots. These bonuses are promotions casinos use to attract new players.

Accepting a bonus means you are willing to use the possibility of playing the slot machines at no cost and even win some cash. These rewards are a great way to test a casino and its slot machines before investing your own money.

Make Small Steps

If you are new to the gambling world but seeking long-term success in online slot games, the best thing is to start with small bets. Wins will not come right away, and it’s better to start small, enjoy the process of learning and developing skills, and a triumph will come. Be patient, and before you know it, you’ll be betting big.

Here Comes the DON’T: Chasing Your Losses Is a Mistake

What does it mean when a player chases their losses? Chasing losses is when a player is losing but keeps playing. Many players think they can keep spending money and eventually win it back, but the reality is different. Some also rely on a hot/cold theory, but this approach doesn’t work on new machines and online slots because there are no patterns players can track to determine when the next win will be.

”It’s hard to walk away from a winning streak, even harder to leave the table when you’re on a losing one.” ― Cara Bertoia

When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.

The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.

What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).

Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.

Finding the Loosest Slots in Las Vegas

It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.

What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.

Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.

All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.

For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.

But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.

Best Slots to Play in Las Vegas

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Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.1

What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.

The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.

The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.

Casinos with the Most Slots in Las Vegas

The Orleans Hotel and Casino

The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.2

The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.

MGM Grand Las Vegas

The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.

The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.3

Sam’s Town Hotel and Gambling Hall

Deportes Tolima

Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.4

Casino Slot Winnings Subject to 30% Withholding Tax

Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.

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Casino Slots Odds Of Winning

In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.

There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.

To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.

RMS, the Easiest Way to Get Your 30% Withholding Tax Back

If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.

Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.

Only RMS has the One Simple StepTM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.

Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].

Sources:

1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.