RTP in Online Slots Explained
Slot machines are some of the most popular casino games in the world right now. In fact, if we pull the popularity of all slots together, we could say with a certain degree of accuracy that slots are the most popular gambling games in the world. Slot machines are so popular that in the early 2000s, programmers and game developers adapted them to an online video game format. Thus, online slots became a huge success.
For those who may not know, online slots are an incredibly popular form of entertainment. These games are an accurate adaptation of land-based slot machines. Players push a button and the reels on the screen spin. From then, all you are hoping for is the best result. You can find the best online slots for real money on reliable review sites. However, before you join and make a deposit, there are a few things to know that might increase winning chances. In this article, we will explain what return to player means and how you can use it to your advantage.
What is RTP?
Return-to-Player, or RTP, describes the amount of cash that the player gets when winning at a slot machine. In other words, the return to player rate refers to the amount of money a player receives for every $100 spent on a slot. To give an example, the average RTP of most online slots is 96%, meaning that for every $100 that the slot takes, a player can win $96, which means that the casino retains a $4 profit.
To be clear, this doesn’t mean that each player has to spend $100 to get $96 back. What it does mean is that there is a chance that every time a slot machine eats up $100, a player has the potential to get back $96. In other words, if a few players place a total of $100 into a slot, one of them is very likely to get a return on their deposit.
How is RTP Determined?
Finding out the RTP of a slot should not present a problem. The easiest way to determine an online slot’s RTP is to visit the website of the game’s developer. Once you’ve done that, you can locate the game in their library. Most developers will list the specs of their games on the website. The specs will include everything you need to know about the game, including the RTP, the volatility, the jackpots, etc.
If this doesn’t work, then you always have the option of finding reputable online slot review websites. Most of these sites will cover a plethora of online slots and delve deep into their specs and gameplay. Many of these websites will also feature some tips and tricks to help you win at online slots. So, if you are interested in playing slots on the internet, definitely find a reputable review website that will help you navigate the world of online slots.
What is Volatility?
Volatility, often called variability or variance, refers to the likelihood that a slot game will pay out. In other words, volatility determines how often a given slot will hit a winning combination. The volatility also affects the size of the prize you win. For example, the higher the volatility is, the lower the chances are that the player will win a payout. However, it also means that the payout will be higher when someone does hit it.
High, Low, or Medium?
There are three levels of volatility: high, low, and medium. When we talk about high volatility, we talk about a slot with low payout chances. However, as we explained, the higher the volatility, the higher the slot’s payout. In direct opposition, the players have a higher chance of winning a prize if the volatility is low. In this case, the payout will be lower. Lastly, medium volatility means players have an average shot at winning a jackpot.
When choosing a slot, taking into account the RTP and the volatility is imperative. It is also important to pair these two. For example, a low RTP slot paired up with high volatility is not the best idea. However, if you pair up a low volatility slot with an average RTP, you will have a better chance of making an extra buck.
Final Thoughts
We hope that this article has helped you better understand concepts like RTP and volatility. After all, if you are at all interested in iGaming, knowing the meanings and phrases here is of utmost importance. So, now that you know what they mean and how you can use them to your advantage, you are ready to start your journey into the world of online casinos.
This article was written in collaboration with casino online experts.
