Many players make the mistake of starting to play slots thinking that they are all the same at online casinos. The reality is that you must locate the slot games that give you the best percentage of return to the player.
What Is RTP?
If you didn’t know, slot machines are designed to return a percentage for each bet. Return to Player, or RTP, is the amount of bets that are returned to players when they win.
Now if in an online slot game the RTP is 96%. It means that, on average, it will return $ 96 for every $ 100 that is wagered. So the bookmaker’s edge would be 4%.
If you love online slot games and you know these values, you will have an advantage. This is because you can predict the amount of money you will win or lose according to what you bet.
Which RTP Would Give Me More Profit?
Almost all slot machines have a set RTP between 90% and 98%. Therefore, the online casino advantage would be 2% to 10%. There is a formula to calculate how much you will win according to the RTP of the online slot.
For example, if a slot machine has an RTP of 97%, the betting site advantage is 3%. If you make bets for $ 3 per spin and make 500 spins in an hour. You should calculate your average loss in one hour like this $ 3x500x3% = $ 45. So if you play for a period of 10 hours, you will lose approximately $ 450.
So, if you want to increase your chances of winning with these games; you will have to locate the slot machines that give the casino the lowest advantage. Look for the one with an RTP of 96% or much higher.
Watch Out For The Volatility Of The Slot Machine
A very important element that you should not divert your attention from is the volatility of online slots. This factor calculates the risk involved in playing slot machines for real money.
Low Volatility Slot Machines
If you play in a slot casino, look for the slots to be of low volatility. This will make it easier for you to get winning combinations by spinning the reels.
However, these online slot games will give you lower winnings. This is because the winning combinations will not have the value that every player expects; but something is better than nothing.
High Volatility Slot Machines
If there are high volatility slot machines in the casino where you register, you will find very high winnings. But the probability that you win is much lower.
However, do not be discouraged. If you decide to take a chance with a high volatility slot machine, you should consider the following aspects.
- You must give patience to your gaming session.
- Have enough bankroll to play for long periods.
- Research various online slot game reviews to decide on a suitable title.