When you’re searching for the loosest slots online, you might be looking for specific fruit machines which pay off at high rates. The only problem with this method of shopping is the payouts can be changed from time to time, so you might not always be getting the best bargain, if you have dated information. I’ve found the best way to shop for good gambles online is to find the online casino websites which consistently pay out the most. From there, finding a slot machine with good pay out percentages should be child’s play.

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Understanding The Payback Percentage

If you’re brand new to the online casino game, you might wonder what an expected payback or a payout percentage is. An expected payback is how much you expect to be paid back when you bet a theoretical amount of money. Let’s assume $100 is the standard amount you bet. If a casino has a 98% payout percentage, then you should expect to be win back $98 for every $100 you wager. If you see a 93.5% payout percentage, you’d expect to win $93.50 for every $100 bet. If you saw a 101% payout percentage, you’d expect to pocket $101 for every $100 you gamble. Anything at or over 100% is unrealistic, of course, because the house edge is how a casino stays in business. You should note that the house edge is the amount the casino expects to win on a $100 bet. In the previous examples, you subtract the expected payback from one-hundred percent to get the amount you expect. So in the examples, you would have a house edge of 2%, 6.5%, and no house edge at all.

Of course, the average payout percentage and what happens in a real sessions of slots can be far apart. The deviation on most slots games is often large. One person with a 96% expected return might win $50, while another person might lose $58. This would add up to the expected 96% return, but these two players would have to wildly different results. The longer a person plays and the more spins that happen, the closer you would expect the results to be close to the house edge. The larger the volume of players in both live casinos and online casinos, the more likely the casino management’s house edge is going to make them rich. When you’re a gambler wanting to play the odds, you want to find the games and casinos that pay back the most. That increases your odds of winning, though nothing is ever certain.

Published Payout Reports Can Help Find the Loosest Slots

Occasionally, online casinos are required to publish their payouts to the public. This lets gamblers know which casinos are offering the loosest slots online–or any other game, for that matter. Once again, this can deviate a great deal from one day to the next, one month to the next, and one year to the next. That being said, given the volume these various gambling sites see in a given month or year, analyzing the statistics is a good way to see which ones are offering the best games. Most of the casinos I’m going to talk about bring in tens of thousands of gamblers per month, so unless these guys have given up huge progressive jackpots that cause major deviations in the numbers, this should be a pretty good indication which ones offer loose fruit machines and which ones don’t.

Microgaming Casinos with Loose Slot Games

As late as August 2011 (the last time published reports came out), Microgaming had a stranglehold on the best payout percentages in the online slots industry. The #1 casino was Mummy’s Gold Casino, which had average published slots payout of 96.90%. Three casinos had better overall grades, with bet365, Ladbrokes, Intercasino, and Royal Vegas Casino offering total payouts (on all games) of 97.35%, 97.25%, 96.99%, and 96.98%. If you only look at the slots statistics, each of these casinos offered worse odds than the Mummys Gold Casino, though.

What’s probably most important to take from this report is that Microgaming slots had the best payouts on whole. Of the casinos so far mentioned, all were powered with Microgaming online casino software, except for Bet 365 and Intercasino, which use Playtech and Cryptologic, respectively.

Other Microgaming slots casinos that were among the top contenders were Lucky Nugget (96.46), Casino Action (96.17), 32red (96.05), All Jackpots Casino (96.03), Jackpot City (96.02), Spin Palace Casino (95.77), and The Gaming Club (95.27). Once again, these are a snapshot, not the full story. Each involves analysis of one month. For instance, I’ve always had better luck at All Jackpots or SpinPalace than some of the other listed casinos, but that might be my experience.

More Loose Slot Machines

The Microgaming sites weren’t the only ones surveyed, as mentioned above. William Hill Casino uses Playtech, but they only paid back 94.26%. The last time I saw this list, William Hill was closer to 97% and was ranked third on the list, so expect some deviation. Party Casino with its Party Gaming software did worse at 94.23%, while 888casino had an awful 92.11% payout percentage. If you’re playing against a house edge of 7.89%, you won’t have your bankroll for too long.

Specific Slots to Play with the Best Payouts

If an analysis of the slots casinos isn’t enough for you, I’ll give you a list of online slot machines with good reputations for the best payouts. Microgaming slots like Thunderstruck, Cash Splash, Ladies Night, and Double Magic all have good reputations. Playtech has games like Diamond Valley and Captain’s Treasure which are considered good. Mid-Life Crisis Slots from Realtime Gaming is another good option, if you want loose slots.

Don’t be fooled by bells and whistles. Many times, gimmick games are used to draw in the unaware. Those games which seem to have less frills often tend to pay out more. For instance, if you play a game like Double Magic, it might not seem like much to look at, but it’s popular because gamblers like it’s expected return. Also, if you’re looking for progressive slots with big jackpots and lots of action, you’re likely to be disappointed. To save up for that huge progressive jackpot prize, these slots have to take a lot of money from a lot of gamblers first. When you’re giving away $10 million to one person, you have to take $50 to $100 from a lot of other people. So if you’re looking for the loosest slots online, try to shoot for around 97% payback percentage and games without the biggest jackpots and most features. These are the games which should give you the most winning action.