Loose slots. You've heard the term, but you have no idea what it means. A loose slot machine is one where people tend to win more often than on other slot machines. Generally, these are the machines that have an RTP of 98 percent or better. Because people win frequently, these slot machines are high in demand.
There is a misconception that an RTP percentage means a return on the money you've invested. This is not the case. If the RTP is 98 percent, it doesn't mean that you'll get $98 for every $100 you spend. It's based over a number of spins that you and others make. It could be calculated based on a million spins.
In a land-based casino, you look for the slots that are usually in high traffic areas. They're the ones nearest where people pass. Ask one of the waitstaff for games that seem to have winners more frequently.
In an online casino, look for the hot games. This isn't a guarantee, but it's a good place to start. If possible, check the online casino for RTP stats. Some casinos make this information easy to find, others don't.
Some list volatility instead of RTP. You can use this as a good guide. Games with the volatility needle in the green will be easier to win than games where it is in the red. Loose slot machines are more common in games with a low volatility.
Remember that the payouts in a low-volatility game may not be extraordinarily high. You'll likely find yourself winning smaller prizes more often, however.
Do you want an easy way to find out what the loose slots are? Look at the ticker that lists recent winners. Which games appear most often? Those are the video slots to try.
Whether you play slots online or in a land-based casino, loose slots are more likely to offer you some cash rewards. This doesn't mean the other slots aren't worth your time. They are, but it will take a little more investment on your end. They often have the bigger prizes though.
If you do decide to play loose slots in an online casino, keep your bets low. As you build up some winnings, increase your bet to increase your payouts. If you play wisely, an online casino can lead to some very grand rewards.