$1 million is the minimum jackpot prize amount of Mega Moolah. By that function of. The Best Time of Month to Play Slot Machines. September 9, 2021. Is it superstition to believe there is a perfect day of the week to play slot machines? Most brick-and-mortar casinos are open 24/7, and the introduction of online gambling allows us to play whenever we want, wherever we want.

• How To Win At Penny Slots
• Best Time Of Month To Play Slot Machines
• Best Time Play Slot Machines For Free
• Best Time Play Slot Machines For Beginners

There is hardlyanyone in the gambling world who doesn’t love a great slot machinegame. This is why it’s not a surprise that over 70% of Americancasino revenue comes from slot games according to statistics. Youdon’t need to be a genius to win these games. All you have to do isselect a slot machine, read the requirements on the payline, makeyour deposit and press spin. Most slot machines use the Random NumberGenerators software making it difficult or even impossible to predictthe result of each game. It also means that the result of each gamedoesn’t influence the result of subsequent games. Each game isindependent. Irrespective of all these rules, there are still severaltheories on how to boost your chances of winning a slot game. Thereare some who believe that playing slot games at certain times of theday can boost your chances of winning. Is this fact or fallacy?

When Is the BestTime To Play Slot Games?

The notion thattiming can affect the result of slot machine games was born from theInverse Correlation Theory. This theory states that the probabilityof one player winning decreases when the number of players increases.So, if so many people are playing the slot machine game at the sametime, your chances of winning would be far lower than when a handfulof people are playing. Let’s consider a hypothetical situation. Aslot machine game called Dr. Winmore is available on a casino and theodds of winning depends on the number of people playing at a giventime. What this means is that if 1000 people are playing the game atthe same time, each player has a 1 out of 1000 chance of winning witheach spin. On the other hand, if 100 people are playing the same Dr.Winmore slot machine game instead of 1000, your odds of winning wouldstill be 1 out of 100. However, since the number of players is lower,the probability will be 1% instead of 0.1%. This means that you willbe 10 times more likely to win when there are 100 players compared towhen there are 1000 players playing the same game according to thetheory.

If you follow this theory, then playing when there is minimum traffic will be a good way to boost your odds. For land-based casinos, you can try visiting in the mornings or afternoons because nighttime is always busy. Things get a bit tricky when you’re using an online casino because most online casinos have a wide reach across countries. Bedtime in one part of the world might be peak visiting time in another part. The good thing is that there are some apps you can use to find out how much traffic is on the site and stick to playing when there are fewer people. Keep in mind that this theory isn’t scientifically tested. Things aren’t so easy when it comes to playing slot games. Also, it nullifies the hot games theory which states that people are more likely to win when they play hot games in the casino.

As stated above,casinos tend to be busier the evening but this isn’t always the caseespecially in Las Vegas Casinos and casinos in Atlantic City.Statistics have shown that evenings are busy but some times in theevening are more optimal than others. Gamblers tend to play slotgames after work and while they wait to eat dinner. They also playright after eating dinner. Another study showed that people in thesecities enjoy playing slot machine games right after a show. So, youcan play any other time to test this theory.

How Else Can YouBoost Your Chances of Winning Slot Games?

Go for Social Casinos

How To Win At Penny Slots

It’s always a goodidea to create accounts on social casinos if you want to play slotgames online. In these social casinos, you can play with othersonline and every player stands an equal chance of winningirrespective of the circumstances. They are free to use and you candownload them on your computer, Android or iOS device whenever you’refree. You can hit the jackpot whether the casino is full or empty.These social casinos also offer more than slot machine games. Theyusually have a variety of games including poker, roulette, blackjack,etc. All of these games can be played with family and friends thatare connected to your online network.

Check Out the Return to Player Rate Of the Slot Machine

Every slot machinegame has a Return to Player rate (RTP). This plays a role indetermining how frequently the machine is going to pay out. Thehigher the RTP of the machine, the higher your chances of winning.The best RTP rates in the slot machine industry is anything between96% to 99%. The higher the rate, the better. So, don’t go formachines that have less than 95%. The RTP rate of each machines isusually public knowledge. If you can’t find it in the casino, you cando a quick Google search to get thw RTP rate.

Find Out theVariance Level of the Slot Machine

There are threevariance levels for slot machine games. The high variance, mediumvariance and low variance. A slot machine with high variance doesn’tpay frequently but the payout is always high. You may spend a lot oftime playing before you finally hit the jackpot but when you do, youbecome a millionaire instantly. The low variance slot machines payout frequently but the payout amount is small compared to the highvariance slot machines. Then there is the medium variance slot thatin between low and high. If you’re a patient person with a largebankroll, you should go for the high variance slot machine. Whoknows, you may not need to wait for a long time before you win. Ifyou’re in need of quick cash and not particular about the amount, thelow variance slot machines would do. If you’re indifferent about theamount or pay out frequency, you can play the medium variance slotgame. It all depends on what you want. Keep in mind that variance isanother word for volatility in the slot machine world. So, both wordsare often used interchangeably.

Go for Higher Bets

One statisticallyproven way to boost your earnings when you’re placing a slot machinegame is to place higher bets. The higher the bet, the higher the riskand the higher the payout. Slot machine games multiply your wageramount. So, whether you place a bet with $0.30 or you place a bet of$30, your winning will be multiplied by your wager. It doesn’t matterif the jackpot if 500x your wager or 50,000x your wager, it would be$0.30 multipled by that figure. So, higher wagers always promisehigher payouts as long as you have the money to spend.

Try Not to Play Branded Slot Machine Games

Branded slot machinegames are games that have popular TV storylines or are made after afamous movie series. It might be fun to play these slot machine gamesbecause you will feel like you’re part of the game. However, thesegames may not be the best for you in terms of payout. This is becausepopular brands pay a lot of money to get developers to createbrand-specific games for them and they intend to make a profit. Theymake these games hard to win and the payout is usually not so high.These games are just created to attract fans who would do anything tojoin that universe. Don’t go for the obvious choice.

Look For Games That Offers Free Spins

Many slot machinegames offer free spins to players. You should always take advantageof these free spins. However, make sure that you read the terms andconditions of the free spins before you start using it. It’s the onlyway to ensure that they are favorable. Make sure that the wageringrequirements for enjoying free spins aren’t outrageous. Look for freespins that don’t require deposits. They aren’t many casinos thatoffer these sort of free spins but they are great for saving money.

Bottom line

Slot machine games are entertaining and they give you a chance to win big. Even if there are many theories about winning slot machine games, the best time to play is when you’re feeling lucky. This is because no matter how hard you try to boost your chances, winning or losing a slot game depends primarily on luck. The tips above will help boost your chance but they don’t guarantee anything. You can play a slot game at night when the casino is busy and hit the jackpot. You can play for the first time ever and hit the jackpot. You can use a low variance slot and not hit the jackpot no matter how many times you try. The final result is always going to be based on luck. So, don’t be too hard on yourself if you follow all the known guidelines but never hit the jackpot.

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.

Best Time Of Month To Play Slot Machines

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

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

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

Best Time Play Slot Machines For Free

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.

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 Step^TM 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.

Best Time Play Slot Machines For Beginners

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.