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Question of the Day - 06 December 2025

Q:

At some casinos around the country, the payback rate on their slot machines is rather low at 85% to 89%. That's pretty low compared to others who have 96% to 99% and even higher payback rates. What's the best way to find out the slot winning percentage at every casino? Is there a list somewhere for the payback rates at casinos in Las Vegas?

A:

Sorry, but there’s no such animal (or vegetable or mineral).

While the returns from video poker machines are eminently quantifiable, payback rates on slots vary a lot (by property, machine, denomination) and casino companies don’t publicly disclose return percentages for each machine or even an average for each casino.

That said, there are a few ways to guesstimate them. 

For example, you can make an educated guess about a casino's general return percentage at slots based on the generosity of its video poker paytables. Of course, since you can determine the exact return percentage of a video poker machine by the paytable and you can't tell anything about a slot machine's, it can never be a direct correlation. But some assumptions can be made and you can read about those in a QoD we posted on this subject last year. 

Many jurisdictions, including Nevada, publish aggregate data on how much casinos hold (win) on slots. For example, in 2024 the “slot machine win percentage” statewide was about 7.2% of coin-in. This is further broken down in Las Vegas by Strip, downtown, Boulder Strip, etc. You have to do a little research on the Gaming Control Board's website, which posts the totals every month. But a publicly posted “average” or “hold by denomination” doesn’t necessarily reflect what any specific machine is doing. 

And of course, variance is always an issue; even a “good” (relatively speaking) return percentage is a long-term average and in the short term, the ups and downs of slot (and video poker) machines can be huge.

Bottom line: With slots, you bets your money, takes your chances, and hopes for the best. 

 

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Comments

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  • Bernard Berg Dec-06-2025
    Guesstimates
    You can also check the video Keno payouts, which can vary from casino to casino.  Stingy on Keno, stingy everywhere.

  • Bernard Berg Dec-06-2025
    Elephant in the room?
    Everyone is talking about the gouge, resort fees, parking fees, etc. as reasons for the drop off in Vegas business.  Those are minor if you consider percentage take for the house on slot machines.  That is the most obvious way for casinos to increase their bottom line AND the most damaging for business.  Why return to Vegas if it seems that you can NEVER win there?

  • Kevin Lewis Dec-06-2025
    Machts nichts
    The difference between a 7% hold slot machine and a 12% hold slot machine is the same as the difference between a grizzly bear who chews thoughtfully, savoring your screams, and one that just rips your head off. Same result either way, and the quicker method might be preferable.

  • Sharon Dec-06-2025
    TOO FUNNY 😂 
    Once again Kevin, you make me LMAO!! Well done!

  • Kevin Rough Dec-06-2025
    The Question Misses
    In some other states, the state does publish payback information by casino and/or denomination.

  • Esloth Dec-06-2025
    WAP
    Do the holds include Wide Area Progressive pay offs? If the casinos don't pay the WAP jackpots, it seem that the hold would be unaffected.