At land-based casinos or online casinos for that matter, a slot machine will be determined by the Random Number Generator or RNG for short.
This, in turn, will determine the relative outcome of a number of spins carried out on a slot game and affect the payout percentage for a given title.
Essentially, every time a spin or winning spin is produced, then the RNG will send a signal based on the hit ratio of saying landing three cherries on the reels, for example, and work out how much money should be returned to the player.
There will be carefully crafted odds, however, the payout percentage as a general rule, will usually be less than 100%.
As such, when you play a slot, you have to think very carefully about the volatility. Going for a low volatility game may provide bigger wins on a less regular basis, whereas higher RTP wins will help you churn out more money.
In the following section, we will look at when a slot machine will pay out to a player’s account.
WHEN DO SLOT MACHINES PAYOUT TO THE PLAYER’S ACCOUNT?
There are a few misconceptions about when a slot machine will pay out to a player’s account. Some online casinos will generate more traffic from people playing slots, while other players will be of the belief that casino operators will pay out on a particular slot or a given slot machine at the following times/days of the week:
- Some players may feel they could receive higher payouts on the weekends.
- Some slot players will feel casino games will pay out more on a Monday.
- Most casinos pay out at night as that is when a winning combination is more likely to be made.
- Your future total winnings depend on your previous result, which is a bit of a fallacy.
As mentioned previously, the RNG will determine the hit ratio and odds of landing a big win on a slot.
That said, the onus will be on the player to see what the theoretical RTP and average RTP of the slot or slots they wish to play at casinos before proceeding.
Remember, the RTP and the house edges at a casino are two very separate things, and this is something you need to bear in mind before you play a slot, and this is something we will tackle in greater later on in this guide.
WHAT IS SLOT PAYOUT PERCENTAGE ON SLOT MACHINES?
The slot machine and payout percentages are sacrosanct regardless of the casino operators you are parting your cash with. By tracking the data, including payout percentages, this will ultimately enhance your overall enjoyment when using a slot machine.
The payout percentages set by online casinos for a slot machine will be based on player spins as well as core bore features in a game.
The exact payout percentages could be impacted upon by bonus rounds, including free spins, although the slot machine odds will differ depending on a particular game and whether there is a progressive jackpot involved. With progressive games, the amount of money will continue to rise, so if you are in Las Vegas, for example, you could walk away with a huge chunk of money.
In calculating the payout percentage of a game, you will need to work how many reels there are. For example, if a slot game consists of 3 reels and 3 rows along with 6 symbols, you will need to multiply 6 by 6 by 6 which gives you 216.
From there, you will need to add the winning combinations available when you spin the reels on the slot machine. In cases where there are 200 different ways to win playing a slot machine, you would do the following calculation – 200/216 which equals 92.5%.
The more complex the slot the more complex the slot machine odds will be. A game’s payout percentage may be determined by bonus spins, as well as multipliers, which are found on most slots.
As such, you can win more when you play a progressive jackpot game, for example, as more players will be attracted to get their hands on the top prize.
Remember, the odds and probability for a game are very different. The probability for a slot game is calculated by dividing the total number of lever pulls by the number of possible outcomes available.
The odds, however, will depend on how many paylines a game, the number of reels, and the number of symbols, as well as other core structures.
Unlike the odds, this will be non existent as far as the probability is concerned in terms of assessing whether a player will win a game.
WHERE CAN I FIND THE SLOT PAYOUT PERCENTAGE?
Finding what a machine pays for a game is quite easy. It can be done in the following three ways which we have outlined below.
Check on the casino’s website
Whether it is Energy Casino or another site you wish to play at, the slot’s RTP should be clearly displayed, so you will know what the winning odds or payback percentage is.
UKGC (United Gambling Kingdom Commission) have made it law that all slots at a casino are bound to advertise the RTP of games somewhere on their site, so that players know what is expected of them and what they are letting themselves in for.
If you are formulating an RTP list, for example, of slots you wish to play, generally the industry average for high volatility slots will be 97% or above.
Consult the Terms and Conditions
Once you have found the slot or slots you wish to play, you should navigate your way over to the terms and conditions section. This will detail basic information about possible combinations and how to secure big wins, but it will also contain info about the RTP.
While wading your way through the T&Cs section may seem rather laborious, it will save you a lot of heartache in the long run.
Do basic calculations
If you want to know how to win playing some of the best slots on the casino floor, you should carry out some calculations. We demonstrated above how to work out the RTP based on the number of reels and paylines.
From here, you can work out on a single line what the average loss mark is, and use this to give you confidence to approach other games and determine what the typical RTP will be.
SLOTS WITH HIGHEST PAYOUT PERCENTAGE
While some games may have deposit bonuses, the games that will have the most appeal will carry the greatest RTPs.
We have provided a short list of the top performing games based on their payout percentages and which software providers created them:
- Mega Joker (NetEnt) – 99% RTP
- Blood Suckers (NetEnt) – 98% RTP
- Starmania (NextGen Gaming) – 97.86% RTP
- White Rabbit Megaways (Big Time Gaming) – Up to 97.72% RTP
- Big Bad Wolf (Quickspin) – 97.3% RTP
- Apollo God of the Sun (Novomatic) – 97.17% RTP
WHAT IS A PLAYER TO RETURN (RTP)?
The RTP in slots stands for Return to Player, and this is a term used to describe what players can expect to receive as a form of payout when playing slots.
It is the basic mechanics of slot play, and it will be advertised by the casino on the slot you wish to play.
As mentioned, if you aren’t sure about the RTP for a given slot, you can do some calculations to establish the RTP.
DIFFERENCE BETWEEN PAYOUT PERCENTAGE AND RETURN TO PLAYER?
Whereas the Return to Player is more immediate and short term in nature, the payout percentage is more wide encompassing and takes into account what a particular slot machine will pay over its lifetime.
Of course, the RNG will determine the payout percentage, but this is probably a more accurate figure to go by when choosing a slot title to commit to.
HOUSE EDGE IN ONLINE SLOTS
We have probably heard the saying at somepoint that the “house always wins”. But what does the house edge really mean?
To put it more simply, the house edge refers to an implied advantage that a casino has for its games.
So, if the RTP of a particular slot is 97%, then the house edge will be 3%, and if a slot has an RTP of 96%, the house edge will be 4%, and so forth.
THE BEST PAYOUT SLOT GAMES IN ENERGYCASINO
Let’s now whizz through some of the best payout slot games available at Energy Casino. To make it clearer, we have highlighted them in bullet points, as well as presented their RTP figures.
- Big Bass Bonanza Megaways (RTP – 96.7%)
- Immortal Romance (RTP – 96.86%)
- Book of Dead(RTP – 96.21%)
- Starz Megaways (RTP – 96.48%)
CONCLUSION
As we have seen, there is a distinct difference between payout percentages, RTPS, and house edges, but if you can get to grips with these basic principles, then you will be well placed to win more money playing your preferred slots.
You shouldn’t jump head first into any old slot, and you should be methodical with your approach and do research. After all, the RTP is a big selling point for any slot title, and at Energy Casino, we have plenty of high RTP slots that will take your fancy. Have a look today and see what you can find.
⭐ Do online casino slot machine payouts have any limits?
This will depend on the type of slots you play. With fixed jackpot slots, yes, they will, but with progressive style slots, the prize fund will continue to soar, and this may depend on the number of players involved.
⭐ Can I easily find payout percentages on the ENERGYCASINO site?
Yes, these will be available somewhere on the casino lobby page or on the game itself, and you should take care to check out the figures before you proceed and start to play a slot. After all, you don't want to be in for any nasty surprises when you part ways with your hard-earned cash.
⭐ Are slot machine payouts always random?
Yes, the outcome of these payouts are always random, as they are determined by a Random Number Generator (RNG) that will dictate the level of payouts to players.
⭐ Do casinos control the value of payouts from slot machines?
In truth, yes they can. Casinos can control a slot or rig the machine which in turn, will limit the number of player wins. They can also work with developers where they will get access to a game's code and RNG.
⭐ Is it possible to calculate the percentage of return when playing slot machines yourself?
Yes, you can carry out a few calculations, which mainly entails dividing the potential prize pool by the probability of winning it. This can be beneficial especially if you want to find loose slots to play on.