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- One of the best places that you should look to buy a slot machine if you are in Las Vegas I sat one of the many slot machine distributors that are available throughout the State, due to them supplying new slot machines to casinos they often have a large number of older slot machines that they have taken away from such venues.
Introduction to Florida Slot Machine Casino Gambling in 2020
Florida slot machine casino gambling consists of eight pari-mutuel racetracks in Broward and Miami-Dade Counties, seven tribal casinos, senior center amusement arcades, multi-day cruise ships with onboard casinos, and day-long gambling boats.
I’ve dedicated this weekly series to slot enthusiasts such as yourself as you master casino slots and win your way to success by using this State-By-State Online Resource to improve your slots gambling performance by reviewing your state’s slots gaming industry.
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Relevant Legal Statutes on Gambling in Florida*
The minimum legal gambling age in Florida depends upon the gambling activity:
- Land-Based Casinos: 21
- Poker Rooms: 18
- Bingo: 18
- Lottery: 18
- Pari-Mutuel Wagering: 18
State gaming regulations have authorized slot machines at pari-mutuel wagering racetracks in Broward and Miami-Dade Counties. These counties contain the cities of Miami and Fort Lauderdale in southern Florida.
Coin-operated amusement machines at senior center arcades are not slot machines and fall into the same category as pinball machines, shooting galleries, music machines, and video games.
Slot Machine Private Ownership in Florida
In Florida, it is legal to own a slot machine privately if it is at least 20 years old.
Gaming Control Board in Florida
The gaming control commission is the Division of Pari-Mutuel Wagering within Florida’s Department of Business & Professional Regulation (DBPR).
Overall, the DBPR authorizes, regulates or provides oversight for Florida’s gaming industries of:
- Pari-mutuel wagering at racetracks
- Cardroom games
There are over three dozen pari-mutuel wagering facilities in Florida for which the DBPR is responsible, including the eight sites with slot machines. The DBPR does not regulate bingo, the Florida Lottery, coin-operated amusement machines, or day-long casino boats.
Historically, Florida has a long history of gambling, starting 100 years before gaming became legal. For example, at his first hotel, the Ponce de Leon in St. Augustine in 1888, Henry Flagler created the exclusive and famous Bacchus Club Casino.
Tribal gaming originally arrived in Florida with the federal Indian Gaming Regulatory Act (IGRA) of 1988. With it, Florida’s two federally recognized American Indian tribes opened casinos offering Class II bingo-style gaming.
Eventually, the Seminole Tribe of Florida has negotiated a tribal-state compact allowing them to offer Class III Vegas-style gaming at their seven casinos.
However, the Miccosukee Tribe of Indians of Florida has not completed their gaming compact negotiations, limiting them to Class II bingo-style gaming machines at their single casino.
Casinos in Florida
There are eight pari-mutuel racetracks with slot machines, seven American Indian tribal casinos, and two daily casino cruise ships based in Florida.
The largest casino in Florida is Seminole Hard Rock Hotel & Casino Tampa with 5,000 gaming machines.
The second-largest casino is Seminole Hard Rock Hotel & Casino Hollywood with 3,100 gaming machines.
Commercial Casinos in Florida
Eight pari-mutuel racetrack and wagering sites in Broward and Miami-Dade Counties hosting Miami and Fort Lauderdale offer slot machines, including:
- The Big Easy Casino in Hallandale Beach.
- Calder Casino in Miami Gardens.
- Casino Miami in Miami.
- The Casino @ Dania Beach in Dania Beach.
- Gulfstream Park Casino in Hallandale Beach.
- Hialeah Park Racing & Casino in Hialeah.
- Isle Casino Pompano in Pompano Beach.
- Magic City Casino in Miami.
Tribal Casinos in Florida
The seven tribal casinos are in southern Florida are:
- Miccosukee Resort & Gaming in Miami, 24 miles west of downtown Miami.
- Seminole Casino Brighton, 135 miles south of Orlando.
- Seminole Casino Coconut Creek, 25 miles north of Fort Lauderdale.
- Seminole Casino Hotel Immokalee, 35 miles northeast of Naples.
- Seminole Classic Casino in Hollywood, 1 mile south of Fort Lauderdale.
- Seminole Hard Rock Hotel & Casino Hollywood, 1 mile south of Fort Lauderdale.
- Seminole Hard Rock Hotel & Casino Tampa, 80 miles southwest of Orlando.
Other Gambling Establishments
As an alternative to enjoying Florida slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Florida is:
- North: Georgia Slots
- North and West: Alabama Slots
- Southeast: Puerto Rico Slots and U.S. Virgin Islands Slots
Each of the links above will take you to my blog for that neighboring U.S. state or territory to Florida.
Besides multi-day cruise ships with onboard casinos sailing to international destinations, there are two day-long casino cruise boats with onboard Vegas-style gaming available in Florida:
- Tropical Breeze Casino in Port Richey, 37 miles northwest of Tampa.
- Victory Casino Cruises in Port Canaveral, 60 miles southeast of Orlando.
Our Florida Slots Facebook Community
Are you interested in sharing and learning with other slots enthusiasts in Florida? If so, join our Florida slots community on Facebook. All you’ll need is a Facebook profile to freely join this closed Facebook Group community.
There, you can meet online and privately share your slots experiences with local slots enthusiasts about playing slot machines in Florida. Join us!
Payouts and Returns in Florida
Florida’s pari-mutuel wagering sites with slot machines in Broward and Miami-Dade Counties have a minimum theoretical payout of 85%. Return statistics by month and commercial casino are publicly available by dividing Credits Out by Credits In and multiplying by 100%.
For October 2020, the monthly player win percentages were:
- The Big Easy: 91.9%
- Calder Casino: 91.1%
- Casino Miami: 92.7%
- The Casino @ Dania Beach: 92.2%
- Gulfstream Park: 91.6%
- Hialeah Park: 94.0%
- Isle Casino Pompano: 90.3%
- Magic City: 93.4%
- All: 92.4%
For October 2020, the highest return, again, went to Hialeah Park, with 94.0%, again closely followed by Magic City at 93.4%. The lowest return, also again, went to Isle Casino It’s return was 90.3%.
Florida’s tribal compacts do not require theoretical payout limits on their slot machines, nor do they required to make return statistics publicly available.
Summary of Florida Slot Machine Casino Gambling in 2020
Florida slot machine casino gambling consists of eight pari-mutuel racetracks in Broward and Miami-Dade Counties hosting Miami and Fort Lauderdale, seven tribal casinos in southern Florida, senior center arcades with amusement machines, multi-day cruise ships with onboard casinos to international destinations, and several day-long gambling boats which sail to international waters before gambling can commence.
Annual Progress in Florida Slot Machine Casino Gambling
In the last year, Seminole Casino Immokalee has slipped from second largest casino in Florida all the way to sixth place. Why? Because it did not increase in slot machines as had four other once smaller casinos.
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Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC
The first pit stop in Las Vegas for most visitors is usually a casino. Whether you are an experienced player on the casino floor or just starting, slot machines are the most profitable and entertaining games available.
Slot machines have proven to be popular among players time and time again. Casinos and other entertainment facilities are profiting tremendously from the revenues collected from slots.
The Nevada Gaming Control Board reports that the Las Vegas Strip contained over 160,000 slot machines in 40 different locations in 2019, generating revenues reaching almost $270 million per month.
While these numbers are beneficial to the establishments and their operators, slot machines are also known to be the most profitable game in a casino for the user.
Slot machines, on average, have an RTP, or return to player, between 75% and 98%; in other words, for every dollar a player spends, the slot machine will yield about 75 to 98 cents right into their pocket.
Even with the high RTP and revenue, Las Vegas and other cities famous for their casinos fill their halls with slot machines because anyone can press a button.
Commitment is never a priority; the player can put down a small individual bet. A poker face is never required, neither is real skill, to win big.
However, research is still encouraged to profit off of slot machines at the highest level, such as reading on user experience on specific games and reading the RTP at each Las Vegas casino.
Return to player is perhaps the most critical factor in picking the best slot to play in Vegas. The higher the RTP percentage, the more likely the slot will payout.
An amateur way to discover a slot’s RTP percentage is to test it with a bet. If a slot claims to have a 94% payout, then after a $100 bet, the payback would equate to about $94. While this may seem straightforward, this method does not fit every player.
Checking message boards and online threads, as well as comparison sites containing slots reviews, are a great way to find the best slots in Vegas. Notable websites encourage players to share their experiences with slot machines; most of their reviews focus on the amount of cash they get to keep after playing.
Another tip to finding one of the better slots offered in Las Vegas is to look for promotions. By signing up to the casino’s player’s club, customers can access unique games, receive free slot plays, and gain eligibility to have freebies on their next visit.
Benefits are significant, especially when the rounds on the slot machines are free, increasing the already high payout.
The most profitable slots are coined as “loose slots” because they pay out the most amount of money to the player and are thus very desirable among customers.
A feature of profitable slot machines called “progressive jackpots” has become a popular way to transform a couple of hundred bucks to millions.
Progressive jackpots offer prize money compared to the national lottery games, which can easily make a millionaire in a single evening.
According to the Nevada Gaming Control Board, the dollar slots pay back an average of 95% of receipts, 25 cent slots payout 93% on average, and 5 cent slots give back 90% to the players.
The payout from slots at the downtown or other off-Strip locations is one or two percent higher than those on the Strip. Hotel-casinos frequented by locals, such as Sam’s Town, pay better than the tourist hotels in the city. Nevada residents well know that fact when they consider which facilities contain the best slots in Vegas.
Moreover, the newer and more luxurious hotels are known for having the overall poorest RTP percentages.
Some of those hotels include the Bellagio, Venetian, Mandalay Bay, and the new Wynn Las Vegas. Since the amenities of these hotels are off the charts, slot machines do not have to be the most profitable asset (at least to the player).
However, some of these lavish hotels offer great prizes and entertainment that makes a higher payout from the slot machine. The Bellagio, for example, provides a slot tournament with 2,300 games as options. From jackpots and progressive features, the Bellagio slot machines can grow small bets into millions.
Generally, the best slots in Vegas are located in the older properties of the North Strip.
Slot machines may look flashy and modern, especially themed slots, but that does not mean they have the highest payout. The more traditional and old-looking games may be a better money’s worth.
Much like the endorphin rush of a “win,” a good-looking slot machine can trick the brain chemistry into wagering more money than intended. With that in mind, a simple-looking slot should be considered to help players gamble responsibly and win big.
Rather than always playing Star Wars or Avengers slot machines, players should have an eye out for the more dated and less appealing slot machines available on the casino floor. Many of them have substantial RTP rates and have stood the test of time.
One of these seemingly unappreciated slots is housed in Slots-a-Fun at Circus Circus Casino in Las Vegas. The selection includes classics, such as “Double Diamond” and “Red, White, and Blue.” Although they are not the flashiest, they are the best slots in Vegas.
Slots-a-Fun is a classic and exclusive casino that incorporates slot machines paired with an arcade, pool tables, bowling, and other forms of entertainment. Their slots have been proven time and time again as the machines to make the next big Vegas winner.
As mentioned before, these slots are not located conveniently for the tourists on the Strip. A general rule of thumb to follow: the more touristy the casino, the lower the payback on the slot machines.
While the Las Vegas Strip has a win percentage of about 8%, the slots in Reno and Boulder have a more generous casino wins of around 5%.
Some of the casinos located in Reno, Boulder, and North Vegas include Eastside Cannery, Sunset Station, M Resort, Jerry’s Nugget, Texas Station, and Boulder Station.
Geographical location should not be the only consideration when looking for great slots. Some veteran gamblers and websites claim that corners within a specific casino itself have some of the better slot machines.
High traffic areas, such as near elevators, a front desk, aisles, showrooms, registration areas, etc., contain the loosest slots in the casino.
Some people do not even have to go to a casino to access a slot machine. An entertainment facility is perhaps the unrivaled source to use for the best slots in Vegas.
Airports, convenience stores, and grocery stores are the first locations to avoid playing slot machines. Even though the majority are in clean and well-run establishments, they do not offer significant returns with their slot machines.
What these three different places have in common is that under Nevada law the slot machines in airports, convenience stores, and grocery stores are entirely controlled by large corporations.
With that in mind, it should not be surprising that the slot machines in these facilities provide a much lower payout percentage than the typical slot found in a Las Vegas casino.
Even though convenience store owners can obtain a lease or purchase of slot machines, the Nevada law changed in favor of larger corporations having control over the slots and their payouts.
Nevada grocery stores are the only place that can legally provide slot machines because they have leased the space through a larger company. Although they can offer marginally better odds than the former two, grocery stores should still be avoided when it comes to slot machines.
The loosest slot machines in the past 12 months have been Megabucks and penny slots. Megabucks had the tightest slots at over 11% casino win percentage. Penny slots are the most popular denomination, even though their win percentage is not the most generous.
Megabucks offers some of the best slots in Vegas with the highest winnings. In 2014, a man playing a Megabucks slot machine in Rampart Casino hit a $14 million jackpot after playing for five minutes on a $20 bill when the slot paid off.
This payout is not the only one from a Megabucks machine. Megabucks has produced life-changing jackpots for multiple players for over two decades.
Their slogan markets the casino’s accomplishments perfectly: “Dream big. Win big”. Even with players only spending a $1 for a spin, there is always a chance of the jackpot prize of $10 million.
In addition to Megabucks and Slots-a-Fun, there are plenty of casinos offering some of the best slots available in Las Vegas.
Many websites report O’Shea’s, Stardust, and older casinos located on the north side of the Strip as the places to visit for great and profitable slot machine winnings.
The casino nearest to offering the loosest slots in Las Vegas is Palms resort, which has an average game payout percentage of about 94%.
Lower payout slot machines also have distinct locations on the casino floor. Some of those include the leading slot machine on the floor, those near the table games, and close to the poker room. Since all of these areas have too much action, either from different games or other slots, the RTP does not have to be too high.
Places To Play Slot Machines Near Me Use
Furthermore, it is better to be aware of which specific slot machines should be avoided. The reason behind it is the exact opposite as to why the already mentioned slots are the best: the worst slots have a low percentage of payback.
Several slots have unfortunately been added to the universal list of worst slots found in Las Vegas, such as Wish Upon a Jackpot by Blueprint Gaming, Adventures in Wonderland by Ash Gaming, and King Kong by Cryptologic due to their low RTP.
Different software companies specializing in slot machines have reputations that reflect off of the RTP’s. While some developments have been mentioned before for their low percentage payback, others are renowned for their slots having high RTP rates.
Playtech is one of the more famous software companies that develop successful and popular slot machines located in Las Vegas casinos. Games created by this company include: Goblin’s Cave, Ugga Bugga, and Ocean Princess. All offer reputable and above-average percentage payouts.
Other software companies known for distributing slots with high paybacks are Barcrest, WMS, and NetEnt.
In addition to Palms Casino and Resort, there are other casinos in Las Vegas that have multiple slots maintaining an above-average payout.
Fitzgerald’s Casino and Hotel has established a favorable reputation for offering the loosest slots in downtown Las Vegas. Ranked regularly, the machines in Fitzgerald’s that are given the best paybacks include reel, penny, and progressive slots.
Slot machines are incredibly entertaining, easy, and a great reason to visit a Las Vegas casino.
Although research is essential, in-depth research is not necessary unless you are wagering a significant amount of money. Specific slot machines should be sought out to cash in millions, which has been proven to be possible within five minutes of playing.
The different themes, bonuses, promotions, and prizes, prevent slot machines from ever becoming boring. For some lucky few, a slot will transform a single $5 bill to $5 million or more than that colossal amount.
With the press of a button, a slot machine can make an average player into a millionaire, or give the customer an affordable and responsible amount of fun on the Las Vegas casino floor.
With some of these tips that differentiate the better slots in Las Vegas, slot machines can become more of a calculated game than intended.
Overall, Vegas is the numero uno destination to play slots in the United States. The key is to be wise and risk only as much as you can afford to lose.
It is essential to ask around and try some old slots that have a proven track record of wins. Don’t just be impressed with design and wager money in the excitement!