Most slot players just fantasize about finding at least one loose slot machine yet very few succeed. Loose slot machines, by a players definition would be one that hits often and pays back a higher percentage than other machines. The question that has been very controversial is whether or not a slot machine can actually be "loose" at all.
First, many players like to play more than one machine at a time. Usually these multiple machines would include a machine that the player believes is "loose" and then he will play the machines on either side. In retrospect...a player will give back the winnings from the loose machine if the machine was in fact...loose.
Many players really think that loose machines are placed intentionally by management near the entrances. The reasoning is that people will see players winning and this will entice them to come into the casino and play. Of course...this would likely apply only to brick and mortar casino. Others believe that they will find the loose machines nearer to the table game players so that the noise of the machines will distract the table game players. The other belief is that table game players will play any coins they have when they leave the table on their way to cash out.
More myths about loose machines continue while some claim that loose machines are to be found at the end of the rows or near the buffet in an attempt to draw players in. Many also look to play the machines nearest to the casino cage because the casino wants you to see people winning while you are waiting in line resulting in your playing more.
The truth is that there are no two casinos that are the same and casino management makes the decision about where the machines will be placed. They would never put the loose machines...if there even were any...where they would be expected to be. Likely, they would use a bit of reverse psychology...after all...they are the experts. The odds of really identifying a loose slot machine will be slim. Playing different machines searching for a loose one will add some variety to your slot play. You will likely find a new game that you enjoy playing.
The best thing that you can do is to stop looking for any particular machine that has any advantage over the other.