Best Slot Odds On Fremont Street
- Best Slot Odds On Fremont Street Market
- Best Slot Odds On Fremont Street Today
- Best Slot Odds On Fremont Street Sweeping
- Best Slot Odds On Fremont Streets
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When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.
The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.
While you are in Las Vegas, you are supposed to check out the Fremont Street Experience, and when you go to Binion’s, you are able to do just that. This is the casino where the World Series of Poker got its start. Beginning in 1970, the now famous series brought together some of the best in poker to try their hand at winning a truly huge pot.
What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).
Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.
Finding the Loosest Slots in Las Vegas
It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.
What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.
Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.
All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.
For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.
But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.
Best Slots to Play in Las Vegas
Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.1
What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.
The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.
The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.
Casinos with the Most Slots in Las Vegas
The Orleans Hotel and Casino
The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.2
The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.
MGM Grand Las Vegas
The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.
The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.3
Sam’s Town Hotel and Gambling Hall
Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.4
Casino Slot Winnings Subject to 30% Withholding Tax
Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.
In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.
There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.
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To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.
RMS, the Easiest Way to Get Your 30% Withholding Tax Back
If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.
Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.
Only RMS has the One Simple StepTM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.
Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].
Sources:
1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.
Perhaps more so than any other casino game, craps inspires an aura of mystique around its crowded tables.
When the dice are tumbling just right – nailing point numbers like clockwork and dodging the dreaded 7 at every turn – recreational gamblers and hardcore craps experts alike come together in an unmistakable scene. Perfect strangers suddenly find themselves hugging and high-fiving, and maybe even shouting to the heavens in celebration when the shooter tosses yet another perfect roll.
Curious onlookers gather around, craning their necks to see the table’s intricate betting layout covered with chips. The excitement is positively contagious, so much so that simply watching a packed craps table can be more exhilarating than playing many other casino offerings.
Craps is also capable of producing legitimate gambling legends like Stanley Fujitake and his fellow “Golden Arm” club members.
History of Winning Big on Fremont Downtown Craps
Back in 1989, while visiting Downtown Las Vegas on a lark, Fujitake strolled into the California Hotel and Casino to play a little craps.
Well, I shouldn’t say “little,” because despite starting with the table minimum of $5 on the Pass Line, Fujitake wound up cleaning the California out. And I do mean “cleaned out” too, as the Hawaiian tourist wound up rolling 118 times in a row without sevening out. He hit 18 point numbers for the Pass Line winner over that span, which lasted a whopping 3 hours and 6 minutes to set a world record for longest consecutive craps roll.
You can learn more about Fujitake’s record-setting roll here in this profile by the Los Angeles Times.
But take it from John Repetti – the California’s casino manager who watched in a mix of shock and awe as a low-stakes gambler walked in off Fremont Street and proceeded to roll pure like nobody else ever had:
“The first call came and he’d been shooting for an hour, and we were losing a couple hundred thousand dollars at the time. I said if he continued, to call me at every $100,000 loss interval.
Well, the calls kept coming every 15 minutes. Another $100,000. And another $100,000. After the fourth call and fifth call, I decided I’d better get some clothes on and get downtown.”
Fujitake’s record was eventually broken by a recreational player in Atlantic City, but his legacy lives on in Downtown Las Vegas.
Every year, Fujitake and his fellow “Golden Arms” – a distinction held by anybody documented to have rolled for one hour consecutively without sevening out – convene every year at the California for a special craps tournament.
And if this florid description of the Golden Arms arriving to the tables like rock stars doesn’t do it for you, craps just isn’t your game:
“On a recent Saturday night, Favela and other Golden Arms had descended on the craps tables after attending a banquet honoring their achievements.
There was Garton Mau, who rolled 59 minutes that night – an impressive 72 rolls – and who already was a four-time Golden Arm.
Masao Yamamoto, 82, is the only blind Golden Arm and previously had rolled for an hour and 24 minutes.
Lionel Cazimero and his wife, Alicia Cazimero, had reached 1:28 and 1:04, respectively.
When they all strolled into the pit, it looked like the 1927 Yankees taking the field.”
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It’s not every day that ordinary gamblers can be compared to the vaunted 1927 edition of the “Bronx Bombers,” but that’s exactly what happens when you roll the bones in Downtown Las Vegas.
So if you want to play the game as the gambling gods intended, check out the list below to find the six best places to play craps in Downtown Las Vegas.
1 – The D Las Vegas
Previously known as the Sundance Hotel, and then the Irish-themed Fitzgerald’s Casino, The D Las Vegas was renovated from the ground up in 2012.
And along with modern digs and luxurious amenities on par with The Strip’s mega-resorts, The D is home to the best craps tables in the Downtown district.
You won’t find the old 100x limit on Odds bets any longer, but The D does have a juicy 10x cap on the Odds to give bold players a chance to shoot for the moon.
The minimum Pass Line or Don’t Pass wager at The D stands at just $5 too, so low-stakes players won’t find themselves boxed out of the attractive 10x Odds. As for the high-roller set, maximum limits climb to $5,000.
And adding to the player advantages, The D’s pair of craps tables also offers the 3 to 1 payout (Triple) when you land a 12 with the Field bet working.
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All things considered, The D does its part to keep Downtown Las Vegas’ legacy as craps capital of the world alive and kicking.
2 – Plaza Hotel & Casino
For nearly 50 years now, craps players have considered the Plaza to be their home away from home.
The two standard craps tables at the Plaza utilize the same 10x Odds / $5 minimum / Triple on 12 for the Field setup as The D.
And you’ll also find a variant known as “Crapsless Craps,” which turns the 2, 3, and 12 into point numbers instead of losers on the come out roll. Crapsless Craps might sound appealing, but the house edge on this gimmick game climbs to 5.38 percent, making it a bad bet for sharp craps enthusiasts to avoid.
3 – Golden Gate Casino Hotel
The oldest continuously operated casino in all of America, the Golden Gate is truly an iconic relic from Sin City’s golden era.
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Everything about this place instills a sense of history, making it the perfect place for gamblers who appreciate the past to spend a session at the craps table.
And those tables are quite attractive too, with Golden Gate running a pair of games with $5 minimum bets, 10x on the Odds, and Triple for 12 on the Field.
4 – El Cortez Hotel & Casino
The last of Downtown’s 10x Odds craps tables can be found at the eclectic El Cortez.
Once again, you’ll find two tables running here, each using the familiar $5 minimum / 10x Odds / Triple on 12 for the Field structure craps diehards know and love.
5 – Downtown Grand Hotel & Casino
Odds bets at the Downtown Grand are capped at 5x rather than 10x, so it’s always going to play second fiddle to the foursome found above.
Nonetheless, for a change of scenery, the Downtown Grand’s low $5 minimum and Triple on 12 for the Field make it a decent backup plan when the dice aren’t cooperating elsewhere.
6 – Binion’s Horseshoe Gambling Hall
Binion’s Horseshoe was once the most popular casino in all of Sin City, home to the World Series of Poker (WSOP) and limitless wagering for ultra-high-rollers.
The old gambling hall has seen better days, but if you want to roll for $3 minimums instead of $5, Binion’s is the ticket. Odds are capped at 2x on the $3 table, but you’ll find 5x Odds for $5 minimum on three more games.
Conclusion
Craps players, perhaps more than any other gambler subset, can quickly deduce when a casino is trying to get one over on them. Limiting the Odds bet to 3x-4x-5x, or even lower, might work on the unsuspecting tourists who hit The Strip, but those tricks won’t work on informed players. And that means you, now that you know all about the attractive craps games found on famous Fremont Street in Downtown Las Vegas.