What slots have the best chance of winning is a common question among slot players. Many RTP slot game strategy guides are based on advanced calculations on the return to player (RTP) percentage. Still, before you start using RTP as a strategy to increase your odds of winning slots, you must first understand the basics of RTP.
Online casinos have mathematical algorithms that affect the performance of different games. That is why the probability of a payout is different in different types of games. However, even with this “house edge,” players also need to win for the casino to retain its clients and establish trust. This is where RTP comes in. Let’s find out what it is and why RTP is important.
What is RTP?
The return to player percentage, better known as RTP, is a mathematical statistic in online casino games that describes the amount of money the game pays back to the player over a large number of spins. It is the likelihood or average money that you can win from slots and tables and is usually expressed as a percentage.
The percentage is calculated over a nearly infinite number of spins/ game rounds, representing the sum of stakes the game will return to the player throughout the whole game. Therefore, over a short game session, such as a few hundred spins, the chance of winning can be a little unpredictable. Most online slot games have an RTP percentage between 94% to 99%.
Why is RTP Important?
An RTP slot game strategy considers a game based on the odds of winnings. You have more chances of winning in slot games with a higher RTP percentage. Consider an RTP rate of 99%. The figure is an approximation that the game will pay out $99 for every $100 that goes in the game but over the course of near-infinite spins.
Since the average is based on the game’s lifetime, payouts might be slow on some days and high on others.
It is not a measure of expected winnings and is calculated by dividing the total amount returned to players by the total amount of wagered money.
While focusing on no deposit bonuses and promotions is a good strategy for beginners, they can benefit more in the long run by developing an RTP slot game strategy. Focusing on RTP can help determine your chances of success and winning big with a modest bankroll.
House Edge and Good RTP Rates
A suitable RTP percentage is any number above 96%, which is considered the gold standard for most slots. Any RTP value below 96% is deemed bad, and you might want to steer clear of those slots.
If you recall the 99% RTP breakdown from above, you’ll notice the missing 1% – the house edge. While the slot pays out $99 for every $100 spent, the casino gets to keep the 1$. Similarly, if the $100 is spent collectively by individual betters, five people betting $20, the $99 is paid out equally among the players, and the house still gets to keep the dollar.
What is Volatility?
Volatility or variance determines the risk of playing a slot and the frequency of payouts. There is no industry standard for determining the value, but it is expressed on a 1-10 number skill, with low, medium, and high labels.
Low volatility slots have more frequent payouts but lower figures. Medium and high volatility slots pay out less frequently, but the payout is enormous. However, some online slots also give reasonable max wins at low volatility.
RTP Slot Game Strategy
An RTP slot game strategy is your best bet for frequent wins because the slot machines are equipped with random number generators and make other strategies useless.
Pick the right combination of RTP and volatility for a game to increase your odds of winning. If you’re a beginner with a limited bankroll, consider choosing a high RTP and low volatility game. You can choose medium and high volatility for a larger bankroll to gamble for a better payout.
However, it would be best if you always aimed for higher RTP slots since they reduce the house edge and increase the expected payouts over the course of a large number of spins. As a thumb rule, avoid slots with a lower than 96% RTP value irrespective of their volatility.
Final Word
Now that you’ve developed a better understanding of slots, you can use the best RTP and volatility slot game strategy to maximize your wins!
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