Loose slots are a phenomenon that is popular amongst many gamblers. There has been great discussion about whether other slots machines are looser than others. Some experts believe that some slots are configured to pay more than others. We have compiled this guide to try and demystify this.
In this guide, our team will look at what you are likely to spot in a loose online slot. Furthermore, we will discuss the volatility as well as the payout percentages. Our experts will help you decide which is fact is which is a myth.
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What Are Loose Slots
Loose slots are slot machines that pay out a lot of money often. In most cases, some people mistaken loose slot machines for ones that have high payback percentage, however, that is not the only factor. To be regarded as loose, the slot machine needs to also have low volatility.
The wins you are likely to make from a loose slot machine are not too big. In fact, they are small enough that the casino can still make a profit. You need to make sure that you find the loosest slot in the casino.
Difference Between ‘Loose’ And ‘Tight’ Slots Machines
So, we are pretty sure you are interested in knowing the difference between these two machines and which one would be perfect for you. Below we look at how you can tell the slot machines apart:
Loose Slot Machine Facts
This is a machine that appears to have been set to pay back greater payouts compared to other machines. The payout is not the only factor to consider. There are a number of factors that you need to take into account to see if a machine is loose or not.
Tight Slot Machine Facts
The payouts are much lower in tight slot machines. You will spend a large amount of time trying to locate these types of slots. We recommend that you first evaluate whether you prefer tight or loose slots.
How to Spot Loose Online Slots
As we have already mentioned, there are a number of factors that are considered before a slot can be seen as loose. These factors include the overall jackpots, payback percentages as well as volatility. Let’s take a look at these factors below:
Loose Slots Volatility
High volatility: these are slot machines that payout slower, however, the stakes and jackpots are higher. High volatility slots are the loosest machines that you can find.
Medium volatility: in the long term, the games have better jackpot wins, however, the payouts are less. These are the most common types of games you are likely to find at casinos.
Low volatility: the jackpots in this game are less, however, you are likely to have more consistent wins. Moreover, you are less likely to witness winning combinations when you play low volatility slot games.
Estimating Wins
This is another factor that is taken into account when considering loose slots. If you are going to make your decision based on a set of wins you will not succeed in the long-term. Slot payouts cannot be calculated ahead, unlike table games.
This is mainly due to the fact that there is no baseline house edge. Fortunately, when you play slots, you can rely on the overall payout percentage (RTP). Developers usually publish this information on slot reviews.
Payback Percentage and Hit Ratio
When finding loose slots, you need to decide if the potential payback percentage or the hit ratio is more important. The truth is that loose slots needs to have the perfect balance between the two. In loose slots, with a medium hit ratio and high payback, you have a better chance at winning. This is a better chance of winning the jackpot although you will not get big wins all the time.
Do Loose Slot Machines Really Exist?
Yes, casinos intentionally place loose slots because they know that they will not lose much from the machines. Although the machines are loose, you are more likely to lose more money. This is pure because pay out less and you would need to spend more money wagering.
Locating A Loose Slot Machine
Now that you know the difference between loose and tight slots, we are pretty sure you want to know how you can find loose slot machines. You are likely to maximize your chances of having a winning since loose slots have the highest payout.
It is false that casinos will place loose slots at the entrance. The logic behind this assumption is that when the slot machine is at the entrance, it will be easier to see other players win. You are allowed to ask casino personal where they place their loose slots and they will let you know.
Playing Slots with High Payouts
We recommend that you don’t bank on loose slots. That is simply because although you are likely to win, this is not something that will happen all the time. So, if you are fortunate enough to locate a loose slot machine that you enjoy, you are likely to win, however, the wins will not be consistent. If you are looking to make big wins, opting for loose slot machines is the worst decision to make.