One of the things that you should remember when deciding to play an online slot, is that there is no particular strategy that will help you win more. Just like any casino game, online slots depend on the odds which means that the outcome of the game is beyond player’s control. However, there’s always a possibility for a player to improve the odds of winning, at least a little bit. If you’re interested in this topic, then today is your lucky day, as we’re going to talk about the odds and winning probabilities.
Understanding the RTP
When it comes to playing online slots as well as other casino games, odds are not the only things you should be concerned about. It is also important that you look into how high each game's payout percentages is going to be.
“RTP is a term, used to describe the percentage of how much wagered money on a slot will be paid back to players, over time.”
Namely, RTP (Return to Player) is a term, used to describe the percentage of how much of the wagered money on a slot will be paid back to players, over time. The number is expressed in percentages and the higher the percentage, the more often you can win, over a longer amount of time. For example, if you make hundred €1 bets, on a slot on which the RTP is 90%, you can expect to get €90 back in wins.
Every slot has its own RTP, which basically gives you the average estimation for the slot or the game in question. In other words, RTP is a theoretical statistical calculation that should not be taken completely literally, as there will always be huge random wins (like mega jackpots!) and longer lines of losses.
How Online Slots Work
Ok, to understand how slots work, the first thing you have to do is choose the appropriate one. We all know for a fact that some slots simply pay better than the others, so every player wants to focus on getting the best winning odds possible and, therefore, strives to find online slots that offer higher payouts.
These odds depend on a few things. First, the winning chances depend on the number of reels and symbols involved in the particular slot. Then, your winning chances have plenty to do with how many paylines you will activate while you play. Logically, games that feature more reels and lines usually carry more symbols, which means they offer better payouts and more winning combinations.
“The slots with higher win frequencies pay out in smaller sums more often; while slots with lower win frequencies pay out larger amounts, but very rarely.”
There is one catch though…. For symbol combinations that are easier to hit, the payouts will not be as rewarding, but you will hit winning combos more often. By getting rare symbol combinations, on the other hand, you will win very large payouts.
As soon as the reels stop spinning, the system calculates the mathematics behind your win or loss. Then, the prizes are instantly summed up and awarded to your balance. In some cases where Free Spins or bonus features are triggered, the reels keep on spinning through the same process.
Most of us won’t be able to figure out the mathematics behind an online slot’s RTP, because we don’t have an insight into the slot machine’s internal programming. But what players can do on their ends is to look for trustworthy online casinos that clearly display RTPs for their slots.
The thrill of online gambling lies in the chance that anybody might be that next big winner who will take home a million-dollar prize. In the end, spinning the reels can be a cheap hobby, if you create a budget and stick to it, to balance out your potential losses.
Any thoughts or comments? Tell us what you think and share your experiences – as usual, we’re waiting for you at our forum!