The ultimate goal for a slot player is finding a loose machine amidst the vast sea of machines on the casino floor. Some equate the task equal to finding the proverbial needle in a haystack while others concede it is more like looking for a pot of gold at the end of a rainbow. Players dream of finding a loose slot machine but few achieve their goal. One reason for this is that the term “loose” when describing a slot machine is relative to the location and casino.

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A player from Las Vegas who plays slots at a local’s casino getting 98 percent payback would not consider a slot machine in Atlantic City that is set to payback 94 percent as a loose machine. However the player from Atlantic City where the average slot return is 91 percent would consider this same machine a loose one. Older slot machines were set at a higher house percentage than new machines are.

First, we should define the term loose slot machine. Payback is the overall percentage that a machine will return to the player in the long run. A loose machine is one that is set to pay back a higher percentage than other machines so the term loose would be relative to the other machines in the same casino.

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Casino terms lingo and jargon defines the language spoken by Casino Players worldwide. Part 2 of this series continues the glossary of casino terminology. We created this all inclusive series for people to understand the unique words and phrases used by passionate players for their real money games. Glossary of Casino Terms. There are lots of casino related terms and phrases that you may not be familiar with if you are not an experienced casino player. It’s fairly obvious what some of them mean, but some of them can cause a bit of confusion. Although we wouldn’t say it’s essential that you understand all of them in order to enjoy. However, once they did, they were then faced with the problem of how to overcome that problem, and one short term fix was for a casino’s security team and slot attendants to be on the lookout for players using a mobile phone when playing slot machines. 17 suspects arrested in Hong Kong after a police swoop on syndicate operating an online casino It used a foreign website that provided a variety of live video gambling for games such as roulette.

Fact or Myth

Over the years there has been much speculation and conjecture amongst slot players as to where the loose slot machines are located. There are many myths that have been circulating associated with the placement these loose slot machines on the casino floor. Here are a few to consider and some reasoning behind the myth.

Loose machines are surrounded by tight machines. The reasoning behind this myth is that many players like to play more than one machine at a time. If a loose machine is surrounded by a tight machine a player will give back the winnings from the loose machine if they simultaneously play the machines on either side.
Loose machines are placed by the entrance. The reasoning behind this myth is that people will see players winning and this will entice them to come into the casino and play. The basis for this myth can probably be traced back to downtown Las Vegas where the casinos were in walking distance of each other. People walking down the street could see the players winning at the slots and walk into the casino. Most of the new mega-resorts have multiple entrances so I would doubt the validity of this myth.
Machines near the table games are tight. The reasoning behind this myth is that the noise of the machines will distract the table game players. Another reason is that a table game player will be tempted to play any coins they have when they leave the table on their way to the cashier’s cage.
Machines near the end of the row are loose. The reasoning behind this myth is that players seeing other players win will be likely to go down into the row to play the machines.
Machines near the showroom and buffet are tight. The reasoning behind this myth is that players waiting in line for a show or for the buffet are a captive audience. They may be tempted to play a few coins to kill time while they wait. The machines are tight because they can’t leave the area to play other machines.
Machines near the casino cage are loose. The reasoning behind this myth is that the casino wants you to see people winning while you are waiting in line. This will entice you to play more.
Round Carousals of machines are looser that rows of machines. The reasoning behind this myth is that the carousels can bee seen from any direction in the casino. They want to put the loose machines where they winners are highly visible.

Think Like a Casino Executive

One of the problems with the myths is that no two casinos are the same. Each casino has a VP of slots who makes the decision about the placement of the machines. Try to think like a casino executive. Where would you put the loose machines?

Casino executives have heard all the myths concerning the placement of loose machines that the players have. If I were the manager I would not put a loose machine on the aisle. I would bury it further down the row. Think of this as reverse psychology. If I know where the players think the loose machines are I would want to put tight machines there instead.

Be Realistic

Unless you play an exorbitant amount of slots, the chances of really identifying a loose slot machine will be slim. You could just as easily have a very lucky winning session on a low payback machines as a losing session on a machine with a high payback percentage. You might never play enough to be sure.

This does not mean you should give up your quest to find loose slot machines. Playing different machines in search of a loose one will add some variety to your slot play. You might not find a loose slot but you might find a new game that you enjoy playing. The hunt for a loose slot machine can be fun and that’s what casino gambling should be.

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The gaming industry is big business in the US, contributing an estimated $240 billion to the economy each year while generating $38 billion in tax revenues and supporting 17 million jobs.

What people may not realize is that slot machines, video poker machines, and other electronic gaming devices make up the bulk of all that economic activity. At casinos in Iowa and South Dakota, for example, such devices have contributed up to 89 percent of annual gaming revenue.

Spinning-reel slots, in particular, are profit juggernauts for most casinos, outperforming table games like blackjack, video poker machines, and other forms of gambling.

What about slot machines makes them such reliable money makers? In part, it has something to do with casinos’ ability to hide their true price from even the savviest of gamblers.

The Price of a Slot

An important economic theory holds that when the price of something goes up, demand for it tends to fall.

But that depends on price transparency, which exists for most of the day-to-day purchases we make. That is, other than visits to the doctor’s office and possibly the auto mechanic, we know the price of most products and services before we decide

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