Slot Payouts: How Often Can You Win?
- Written by NewsServices.com
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When it comes to online gambling, there is probably nothing more attractive to casino enthusiasts than slots, or popularly known as pokies. There are many stories circulating among casino-goers about the lucrative ways for money-making by spinning the reels.
Many players are wondering if the pokies are rigged and if the payouts are fair, but we can assure you that any modern slot machine that you’ll find in a licensed online casino has been certified for fairness.
However, regardless of the RTP percentage listed for the slot, only one thing is certain - no one can know when the winning line will land.
Can You Predict When the Slot Game Will Hit?
There’s more to slot prizes than the average slot player knows, and it’s oftentimes the reason why slot winners claim you can always win by playing at the trending titles.
The paramount reason why predicting the prize landing can’t happen is because of the modus operandi of the gambling operator, along with their business aims.
To put it plainly, if anyone can predict the exact time a slot machine will yield a winning line, then all of the casinos will cease to exist since they’ll lose money by the minute.
Still, more seasoned casino-goers have developed a way of approximately measuring the time frame between prizes landing, and they do it by calculating the odds.
Let’s be clear - there is no telling when a payout will occur, but, you can try your luck and take into account the odds of prizes landing and make a close call. Also, making use of certain strategies can increase the chances of you landing a winning line, but nothing is set in stone, after all.
After all that’s been said and done, if you’re still eager to test your luck, read more here and discover some useful tips and tricks that will lead you a step closer to maybe wrapping up the day with some cash.
Do Some Research
If you’ve ever set foot in a land-based casino, or have played any online casino pokie, then you’re familiar with the ‘house-edge’ term. This particular phrase relates to a calculated advantage that benefits the gambling company or provider over the players.
If you are a newbie in the world of gambling, then you should be extra careful and do some research on the gambling terminology that will have you prepped for choosing the most suitable casino game to play.
The house edge means that the gambling provider is certain to get a return on the investment over a period of time. In plain terms - casinos will beat the players almost always since the odds are set to work in their favour.
Still, even with the odds not on the player’s side, there are ways for slot players to emerge as winners by playing their preferred slots. All of the slots are deemed with a certain RTP rate, which translates to a Return to Player, a feature that is calculated according to stats.
In a medium, the RTP rate for slots ranges between 90 and 96%, meaning that every slot that is deemed with an RTP of over 96% is considered a good option for playing.
So, whenever you set your mind to playing a slot machine, make sure that you've researched the RTP and variance details and choose the one with the highest Return to Player ratio to boost your chances of winning.
Inspect the Slot Volatility
After you geared up on knowledge of the RTP details, another thing to consider is the variance of the pokie.
Slot volatility, or variance, is an indicator of the winning chances, meaning, it will give you an insight into the incidence of the wins while playing your slot game of choice.
The higher the volatility is, the more you’ll have to play before you land a winning line. However, slots that have a higher volatility rate will yield a bigger win, whereas low volatility slots will give you more frequent wins but the payouts will be significantly smaller.
Choosing the right slot for your playing pleasure will ultimately depend on how big you want to win.
The Verdict
All in all, no matter if you try your luck on a low volatility slot with a high RTP rate, or chose a high volatility slot that will have you wait and play before you land a nice-paying winning line, you can’t know when a slot will hit the prize.
But, you can calculate the odds of you winning and let luck lead the way.