Slots are some of the simplest casino games you can play, as you don’t have to pay attention to many features or learn a lot of gameplay functions.
That said, one aspect you should certainly always be aware of is the slot’s payout percentage. The higher the payout percentages are, the more money you’ll get back in the long run.
So, while you can’t win at slots, you should make sure to always play the games with the highest payout rates. Read this page and learn how to consistently find the best options for yourself when playing online slot games.
Payout Percentages and House Edge
When talking about online slot payout percentages, many players don’t understand that they’re talking about the house edge at the same time.
Every casino game in the world comes with a specific house edge. It represents the average percentage of all wagers the casino will keep over time.
When you know a slot’s payout percentage, you automatically know the house edge. For example, if an online slot has a payout percentage of 96%, this means that the game has a house edge of 4%.
How to Find Loose Online Slots
In gambling jargon, a loose slot is a game that pays out more and at higher percentage rates. Oppositely, a tight slot is set to offer smaller RTP (Return to Player) percentages and pay less frequently.
That said, this is mostly a myth, as online slots are thoroughly tested, so no loose or tight games can slip by, especially if you play at the best casino websites out there.
The slots you’re playing online will always be looser than those in land-based casinos. But, even when talking about online slots, some games will pay out more than others. You want to be certain you’re always playing the slot that will pay you the most. This brings us to the next vital point.
Finding the Best Slot for You
With dozens of online slot providers and thousands of slot games, you can enjoy over the internet, finding the right ones for you can be an arduous and time-consuming process.
This is because it mainly relies on a trial-and-error procedure and extensive research. To help you make sure you always find the best slots for you, we’ve summed up a few essential tips you should always have in mind:
1. Find the Slot’s RTP
As we’ve mentioned before, RTP is a term that’s closely tied to the house edge and payout percentages. Luckily, in today's modern era, it's easy to find reliable information on any online slot within minutes.
The top online slots providers transparently list all relevant information, including RTP values. Finding the slot’s RTP will help you know if the particular game is worth your time and money. It’s quick to do but is crucial if you’re in it for the long run.
2. Know How Volatile the Slot Is
Volatility is another crucial feature that directly plays into how much a slot machine will pay you out. But, opposite to the RTP value, volatility is used to describe the short-term fluctuation of a particular online slot game.
If you play Texas Hold’em, you’re probably familiar with the term variance. While slots are much different from poker, the concepts of volatility and variance stay the same across all gambling games.
In other words, a highly volatile game will offer a massive jackpot and great bonus features. However, it will also pay out less frequently due to the overall value of the in-game rewards.
Conversely, a low volatility online slot won’t offer you huge wins, but it will frequently pay out. When deciding if a slot is right for you, you should choose which of the two options suits you more.
3. Understand All of the Betting Options
The last tip you should remember is that it’s crucial to understand all of the betting options of the slot you’re playing. This sounds pretty straightforward, but most slot players often overlook it and focus only on the few aspects they’re interested in.
When you understand all of the betting options and gameplay features, you’ll know if the particular online slot is right for you or if you should continue searching for a better option.
Online Slots and Payouts – Summing It Up
Payout percentages shouldn’t be the only thing you consider when choosing which online slot games you want to play. However, it should be one of the first aspects you check before you start betting your hard-earned money.
In the end, if you consistently target slots that offer the highest payouts, you’ll win more money in the long haul.
And, while money shouldn’t be the primary reason why you’re playing slots, why not maximize your potential winnings while you’re already at it?
Even if you’re just playing for fun, sticking to high-paying slots will ensure your gaming bankroll lasts longer, so you’ll get more entertainment for your money.
The tips we’ve discussed above will give you a shortcut towards finding the best-paying online slot games. By going with these tips and doing minimal research before you play, you’ll always know that you’ve picked the best slot options out there!