..

Land and Online Slots Payout Rates

Written by:
Payton
Published on:
May/05/2015
Land and Online Slots Payout Rates


Online betting information site Casino Listings has released their annual report that compares both land and casino payout rates, and the results are very surprising. They have taken a look at the gambling payout rates for land casinos in Nevada and Atlantic City and leading online casinos 32 Red, 888 Casino, and Bet365. The article compares slot machine payouts for 2014 using audited data that was released by the online casinos and the annual reports released by the Nevada Gaming Control Board and New Jersey DGE.

The results are interesting, showing that online casinos beat their land counterparts whole handedly at slot payouts. The difference isn't minimal either, as online casinos beat land casinos in slot payouts by between 2-3% on average. If you're a penny slots player the difference is even greater - as much as 7 or 8%. That is money that is coming directly out of your pocket every time you choose to play at a land casino as opposed to playing on your computer. One interesting caveat to this is high-value spins at land casinos, as $5, $20, and $100 per spin slots see payouts rise to the 94.5-95.5% level in Vegas, which puts the payouts in the same ballpark as with their cyber cousins. But the bottom line is that unless you're a high rolling player, your best bet is to stick to online gambling as you are ultimately going to get way more spins and playtime for your budget.

The article also makes an interesting point regarding the state of New Jersey's recent legalization and regulation of online gambling and the Garden State's traditional land casinos in Atlantic City. If your prime reason for playing is to win money (and not enjoying the atmosphere, entertainment, meals, etc) then you are better off actually staying in a hotel in Atlantic City and gambling on your laptop or phone rather than actually stepping inside the casino. The slots payouts in Atlantic City land casinos are pitiful, with low stakes players winning less than 91.5% of each dollar wagered on average.
 

Gambling News

MyBookie.ag Sportsbook Review, Latest News

MyBookie.ag Sportsbook is one of the newest and fastest growing sites in the world of international/offshore sports betting.  The company does not currently offer anonymous sports wagering accounts (just a valid email or text needed). 

Bookies Looking for a Revenue Stream | Futures or Props?

Bookies Looking for a Revenue Stream | Futures or Props?

It’s no secret that this business you love is a tough one, it’s a fun one, but a tough one and it is marginal. There are times when you are killing it, and raking in the big bucks, then there are times when you wish you had never jumped in. Start with finding a fantastic pay per head that offers you the ability to offer the best props and futures online.

BS at BOSCON:  Industry Expert Says WTF?

BS at BOSCON: Industry Expert Says WTF?

Betting On Sports latest conference kicked off in Olympia London, UK Tuesday and at least one industry expert, Joe Brennan Jr has called out some of those other so-called “experts”.

Gambling Posting Forums - Hot Topics

Here Gambling911.com will bring to you the hottest posting forum discussions in the world of gambling: Sports betting, poker, online casinos, affiliates and more.

Remembering Tony: A Love-Hate Relationship With Bettors

Remembering Tony: A Love-Hate Relationship With Bettors

Sports bettors loved to hate on Sean "Tony" Creighton and took to Twitter Tuesday to fondly remember the owner of San Pedro, Costa Rica-based 5Dimes Sportsbook.

Syndicate