Rtp Slots Meaning
The RTP is the term that online casinos use to describe the percentage of all the wagered money a slot machine will pay back to the player over time. In other words, how much of the money that is put in, is given back to player? We have covered this in detail in other articles on Yes No Casino but here’s a quick reminder. RTP can depend and vary from one game to the other, so do not assume that every casino game is the same and that you will end up with the same cash prize on each site. So, how to calculate the RTP percentage in slot machines? Source: freepik.com. RTP is a bit hard to understand at first, but experienced players will understand the way it functions. RTP Meaning Online casino games are, for the most part, luck-based games which are not influenced by the player. There are some exceptions of course, such as table games, but for games such as video slots, the outcome of each spin is totally random. A slot game without an RNG would have to have a mechanical set of reels, so remember that when trying to make the distinction. What does RTP mean? That’s RNG slots out of the way, now onto RTP. RTP is also an abbreviation, however this time it stands for Return To Player. This relates to the average return on a slot player’s bets over a.
Complete amateurs in the gambling world often wonder what it is that the more experienced members use to select the specific slot machines that they always play at. Is it the particular theme? The graphics of the game? The size of the jackpot?
While these are all useful variables to consider, anyone that has done their homework will know that the most important aspect to consider when it comes to slot machines, both online and physical.
This feature is commonly referred to, both in the UK and elsewhere, as the RTP of the slot machine – or return to player as it is officially known. Choosing the highest RTP slots is a crucial aspect for any slots fan to consider.
Below is a free demo you can try out for the Big Bad Wolf slot from Quickspin. The RTP for this slot is an impressive 97.31%:
The RTP is normally characterised as a percentage, however, if you don’t actually comprehend what these numbers mean then they aren’t going to be of much use to you when you play. Luckily, we’ve decided to put together this simple guide explain return to player.
Throughout this guide, we’ll cover how RTP has an effect on slots, like the Big Bad Wolf slot, and how you can ensure that you’re choosing the right slots to play.
We’ll look into what a good RTP may be, the different volatilities, what the highest Quickspin RTP slots are and why the return to player rule is so important for customers and the casinos themselves. Some of the most common questions we get at Quickspincasinos.com revolve around the best RTP of Quickspin’s online slots.
We find that RTP or return to player is a term that is bandied about quite frequently with many casino-goers lacking the understanding of what it really means; this can also be down to the absence of an official definition for the best RTP slot machines.
what does RTP mean in online slots?
Simply put, the RTP is the percentage or rate at which you’ll get a return on your money… kind of. It’s the amount of money based on stakes wagered on a single came that will be returned to a player – the catch is that it isn’t per game – but over a period of time and operation of the particular slot game.
The RTP percentage means that, for example, if the RTP is 95%, for every £100 played in £1 bets, a player should (in theory) win back around £95. So, if a player plays at one slot for long enough, they should in theory win 95% of their money back.
This extended period of play, however, means that the RTP percentage doesn’t necessarily represent what a player will receive back per play, but the percentage that will be paying back at certain intervals.
In the long term, this means there could be many millions of spins before a payout, but that’s the appeal of slot machines – the payout percentage bounces around in the short term and you could have the one where someone else’s £95 is going towards your winnings. Conversely you could be putting your £95 towards someone else’s payout.
So, if players were to bet €1000 over a monthly period, the slot machine will have to give £950 back over the week if the RTP percentage is 95%. That being said, the variance in slots means that they will hardly ever give back the exact amount in one sitting.
Instead it could give 10% to one player, nothing to many players and even 200% to one lucky player – but over the month it will average itself out and give our 95% of the cash that’s been deposited over the month.
How Do You Calculate RTP Slots?
Gambling wouldn’t be as exciting as it is if it was easy to calculate how to win, the beauty is in the uncertainty of the game. The fact is that for the £100 you spend, you can take five other gamblers £95, meaning that you could walk away with £475.
So, if you win £250 from a £10 slot session, you can calculate your RTP at 2500%, but in reality, this result means that there were many other players before you that lost out and had a much lower RTP than that advertised for the slot.
Most online gaming slots have their return to player percentages available; it is hoped that seeing a 96% RTP is a way to incentivise more people to play the game with higher chances of winning at hand. As seen above though, this isn’t always the case for slots and many times you could come out below or above the average for an individual session.
If you’re looking to calculate your own RTP for your slot session, however, then there is a step-by-step process to get to your answer.
Stakes Wagered
First things first, you need to record the stakes wagered, by writing down how much money you placed when playing a single session at a slot machine. So you need to record ever spin played, which was paid for – don’t include free, rewarded spins – as this will skew your calculations.
So, for example, if you have staked £0.75 on every spin for 55 spins then you have wagered a total of £41.25 on that slot session.
Total Winnings
The next thing you have to calculate is your winnings achieved. Once again, you will have to record every single win that you are credited with – this includes both from base and bonus game winnings.
So, if you won £8.25 on free spins, £2.50 from a gamble game and a base winning of £17.50, then you’re going to have won £28.25 overall.
Payout Percentage
Once you’ve got both the stakes wagered and your total winnings in hand, you can then go on to work out the payout percentage that you received for your slot session. So if you’ve won your total of £28.25 in your single session, having wagered £41.25, you will then have to divide your total £28.25 winnings by your £41.25 wagered – this will result in a number of 0.68.
Remove the decimal in this case and you are left with 68, which means the RTP percentage for your single slot session was 68%.If the number you come up with from your wagered stakes and winnings is 1 or higher, such as 1.68, then simply remove the decimal point and your RTP is 168%, which means that for this single use session, you won more money than you put in.
Should You Always Choose High RTP Slot Machines?
After reading all the information above, it’s easy to understand why many players tend to favour the highest RTP slot percentages than ones with lower RTP percentages – you’re more likely to win with a high RTP – right?Well, that depends entirely on how you look at it.
This is why players need to learn about and consider the volatility, or variance, of a machine – as well as the return to player percentage. First, let’s go through what exactly the volatility of a slot machine is.
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Volatility, or variance, in slot machines, is the term used to explain the risks associated with that particular slot machine. It is attached to how often players can expect the slot to pay out and how high or low the payout is expected to be.
When it comes to a slot with low volatility, this means that players can expect to be paid more often, but with low to medium win amounts.On the other hand, a slot with high volatility means that players can expect less regular wins but with much larger amounts.
So, with this in mind, most players that go for high volatility slots have a smaller chance of winning, but if they do, they will win much more.It’s a risky option that has resulted in many players risking a lot of money and losing it all, but also a large portion of people walking away with a massive win.
What factors affect the RTP of a slot?
The House Edge
The house edge is exactly what it sounds like – the amount of money that the house (casino) gets to keep on each machine.
It is the exact opposite of the RTP and makes up for the other part of the percentage that is returned to the player. For example, if you are playing a 96% RTP, then the house edge has 4%. It’s basically what you stand to lose to the casino, and it is these percentages that help these businesses run and make a profit.
While not much use in the short term game, house edge in the long term will give you an insight into if the casino is a sure win or not.
These sure win slots should not have an RTP of less than 94%, and in recent years we’ve even seen the rise of slots that offer different RTP percentages based on levels. The longer you play – the higher the RTP becomes and the lower the house edge. If you are into playing long sessions, then it’s worth checking out these kinds of slots.
High Volatility
Slots with high volatility will more than likely have a lower RTP – that is they will have a higher house edge (what the casino takes) but as seen above, even though these high volatility machines have a low RTP that doesn’t mean you shouldn’t play them.
When playing these low RTP percentages in conjunction with a high volatility machine, you stand to make much bigger winnings than most slots.
That being said, these slots also run the risk of you spinning for quite some time before getting anything worthwhile.
This is because your money is being stored up by the slot machine in order to do one massive payout – if you’re lucky, it’ll be in your session.
There’s no way of knowing whether it’s going to be you that gets the cash, but the chances of a big win are what makes the lower RTP rates, sometimes as little as 92%, acceptable on these high volatility machines.
Low Volatility
If you’re looking for a high win to play ratio then low volatility slots should be your go to. They are a favourite among beginner players, as they promise a higher rate of winning even if it’s at a lower amount than what can be won with a high volatility.
Better stakes run alongside lower winnings; low volatility slots will pay out players at a higher frequency but at a lesser number. This makes them perfect for casual players or those who are just looking for their budget to last a little longer.
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All of the above means that slots that have a low volatility have a higher RTP slot percentage. Why you ask? It’s simple really: these slots are not storing up your money in order to pool for a big win – instead, they are frequently given back small amounts of cash to players that results in a higher win ratio and as such, a higher return to player ratio.
Using these low volatility machines means that you are probably not going to win big, but make it more likely that you will at least make some profit while playing for a longer period.
Quickspin Slots with the Highest RTPs
If you’re looking for the perfect Quickspin slot for you, you need to take a number of factors into account. Does the theme interest you? Does it have great graphics and lots of interesting features to keep you playing? Is the winning potential high enough for you?
However, there’s one thing some players forget to take into account – the RTP. This is a hugely important part of casino gaming, and because we want you to make the best possible choice, we’re here to explain all about RTP.
WHAT IS RTP AND HOW DOES IT AFFECT YOU (in relation to Quickspin slots)?
RTP stands for Return to Player. Basically, it is the amount of stake that will be returned to players in winnings. So, if a slot has a 100% RTP, then you would expect it to pay out the exact same amount that was put into it.
On the other hand, if the figure was 0%, then it would never pay out anything. Do keep in mind, though, that when we say “pay out”, we mean in the long run and to a number of players, not just a single player in a single session.
Another way of looking at this is to say that the difference is the house edge. An RTP of 95% leaves a house edge of 5% – this is the casino’s profit.
Does a High RTP Mean More Winnings?
This might make you think that a slot with a high RTP automatically means more winnings for the player. This isn’t always the case, though. For a start, as we briefly mentioned above, the RTP is calculated over the long term.
This means that the figure takes into account all of the money wagered by numerous players over a period of time and lots of games.
When playing, you might win more than your fair share or you might find that you get less than the RTP back, with other players winning more instead. So RTP applies to all players over a period of time, not just you.
As you may have noticed, there is an impressive range of Quickspin slot games and bonuses on offer at many UK online casino sites. If you are a frequent player, then it pays to know which of the Quickspin range have the highest payout percentages – these are the machines you want to keep a close eye out for.
How Do RTP and Variance/Volatility Impact Each Other?
Another word you might have seen mentioned in connection with slots is volatility, with some people using the word variance instead. This is different from the RTP, as it tells you how frequently wins will come along.
A low volatility slot will probably give you a lot of wins that are fairly modest in size. High volatility slots will generally produce bigger wins – but they won’t come along so regularly.
It is possible to have any combination of RTP and volatility. A slot can have a high RTP and low volatility, for example. Equally, it could have a low RTP and high volatility levels.
What Are the Quickspin Slots with the Highest RTP?
Finding a Quickspin slot with a high RTP gives you an extra incentive to play it. Therefore, let’s take a look at some of their best games with temptingly high returns.
- Joker Strike: This stylish slot has an incredible RTP of up to 98.11% and is the Quickspin slot with the highest RTP to date. It features an outer wheel with additional prizes that really brings it to life. The more you wager, the more wilds and strikes you get, so this game is perfect for high rollers.
- Goldilocks and the Wild Bears: Do you fancy getting caught up in a classic fairy-tale as you spin the reels? This is a cute and enjoyable Quickspin slot with an impressive RTP of 97.84%. Look out for the cottage and the bowl of porridge, as they are both wilds.
- Big Bad Wolf: Another fairy-tale brought to the reels by Quickspin, Big Bad Wolf offers an RTP of 97.31%. The three little pigs are featured in this beautifully designed game that sees the wind blow away winning lines to replace them, for a second chance for a win.
- Sinbad: Is it time to sail the seven seas in this 97.06% RTP slot? Sinbad is played out in a fantastically intricate setting with an exotic nautical theme. Free spins and wilds add to the excitement, with slithering snakes leaving wilds behind them.
- Treasure Island: With a 97.05% RTP, this is another Quickspin slot that promises excellent chances of winning. In fact, this is one of the developer’s most feature-packed games. The bonuses come thick and fast, with a free spin bonus, pirate attack bonus and treasure hunt bonus all waiting for you to spin.
- Mighty Arthur: The legend of King Arthur is brought to the screen with a lovely 96.94% RTP. In this slot, you get both Arthur and Merlin as wild symbols and a mystery nudge bonus too.
These are just some of the best Quickspin slot games to look out for online, but that doesn’t mean that they’re all there – remember to keep an eye out for the return to player percentages on this amazing line on online machines and you’re bound to find you’re winnings will improve drastically.
Where Can I Play These Slots?
There is no denying the attraction of these Quickspin slots. Fascinating themes, lots of features and high RTP all add up to an attractive package.
If you want to give one or more of them a try then this is easy to do. Many of the very best casinos have a big selection of slots from this developer. In fact, at the moment you can get free spins on Big Bad Wolf when you sign up at either Guts Casino or Sir Jackpot.
It takes time and determination to find the best slots and so we went ahead and did the homework for you. Here, we have put together a comprehensive list of Quickspin designed slot games that have got the most lucrative return to player percentages and payout rates:
We’ve also put together a few handy little bullet points on Quickspin so you know exactly what to expect before putting down a deposit.
- Quickspin was founded by three specialists with massive amounts of experience, and that’s why they are top in terms of popularity in slot machines.
- Two of the founders worked for NetEnt and the other founder was from UniBet.
- That’s exactly what they did with their user-friend, simple slots machines that have great colours, graphics and generous return to player percentages.
- When it comes to their slot machines, Quickspin is similar to NetEnt; they’re known for their clean, beautiful slot machines and their randomness and fair play had been thoroughly tested.
- Quickspin are solely specialised in slot machines and don’t do table games, or live games.
- The return to player percentage on Quickspin slots ranges from 95% to 97%.
- When it comes to these Swedish designed machines, you can expect an average dispersion and volatility.
- The bonus features are triggered above the normal average for slot machines. This means that they pay out more often but in smaller amounts.
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These are just some of the best Quickspin slot games to look out for online, but that doesn’t mean that they’re all there – remember to keep an eye out for the return to player percentages on this amazing line on online machines and you’re bound to find you’re winnings will improve drastically.
Why is RTP Important?
As you can see from the comprehensive guide above, the return to player percentage is essential if you want to know that you have a good chance of winning back your stakes over a long-term period.
While it may not be 100% accurate every time, and in the short run someone else might get the winnings, if you stick with it, you’re average will increase and you’re bound to make back the money that you’ve put in.
The return to player percentage is important for players to judge whether they are onto a good machine or not, but remember to also take into account the volatility discussed above.
Always look at the RTP of a machine before you decide to play and use the formula given in this guide to work out your RTP per single session and this will help you to calculate how much yours is improving over the long-term.
RTPs aren’t just important for players, however, as they are also an imperative part of helping casinos, both online and physical to keep going.
The house edge of the return to player percentage is the money that the house will make on each machine, so if the RTP is 96% the 4% left over is the profit that the house makes.
This ensures that the casino site is still making money and can continue to provide their services to the many people who enjoy playing. They are businesses after all, and they rely on making a profit to keep on trading.
Well done – You’re now an RTP slotspert!
We hope that you have enjoyed our comprehensive guide to return to player percentages. Going forward we hope you will be able to use the information we have provided to calculate your own RTP percentage per session – it will help you in your next play!
Back to topFor those who understand some of the inner workings of casino slots, the RTP of any given game can be a weighty influence on the decision to play or not. Some people look more at the volatility or inherent risk of a game when deciding. And of course, we all simply have favorite themes and titles that have tickled our excitement buttons in the past.
In this article, we’ll examine what the terms really mean, how they affect gaming satisfaction, and we’ll make a case for focusing more on volatility than RTP if you want to exert more control over the whether you ever win big or not.
RTP (Return to Player) is a theoretical and actual mathematical measure of the amount of money any given slot machine should and does pay back over time.
In the simplest terms, if the house edge is 5%, then the RTP is 95%. On average, after hundreds of thousands of spins, $0.95 of each $1.00 churned through the machine will be returned to players and $0.05 will be ‘left in the machine’. This is the casino’s profit margin.
Volatility is a measure of risk. A highly volatile game will have a long series of low paying, or zero return spins followed by random bigger wins. A game with a low volatility index will return money to the player more often but in smaller amounts.
While it may seem that unraveling the mysteries behind slots could take some of the fun and excitement out of them, the reverse is actually more likely. If you know how to choose a high RTP game with a volatility index that fits your play style, you can choose to spin all day on a small deposit or go for the gusto in an all-or-nothing frenzy in hopes of a big payday. That seems more fun than leaving your session up to the fates, doesn’t it?
Pro Tip – Random Jackpots:
If you know a game with an unusually big random jackpot has high RTP and low volatility, and the same chance to trigger on every spin, you will want to play that game because you can cycle your bankroll through it many more times than you could a riskier game with lower returns.
In order to more thoroughly understand slots and how the maths affect you, it is necessary to understand a few key terms. We won’t use them all in this article but they are all important to the discussion.
Key Terms RTP vs Standard Deviation/Volatility/Variance
Theoretical return to player percentage (RTP) – The amount of money a slot machine is expected to pay back over time.
Actual RTP – The amount of money a slot machine actually pays back over time.
Confidence Interval – If the testers use a 95% confidence interval the actual RTP will be within the accepted range (standard deviation) in 19 out of 20 tests. If the confidence interval is 99% only one out of one-hundred tests will fall outside the mean.
Volatility [standard deviation (SD), risk] – The standard deviation is the most commonly used index of volatility. Highly volatile games will present rare but large prizes, whereas a low volatility game will award smaller prizes, but they will occur more often. Highly volatile slots are less predictable.
Variance – This is not the same as volatility, but is often used interchangeably by laymen. The SD is arrived at as the square root of variance – variance depends on the cycle and prize frequency of a game.
Probability – The likelihood of an event occurring, or the total number of possible outcomes.
Permutations – As related to variance, a way in which a set of things or a number of things can be ordered or arranged.
Combinations – Random elements in any order. There are 120 possible ways to arrange five items if no results occur more than once. 5 × 4 × 3 × 2 × 1 = 120.
Random Number Generator (RNG) – a construct designed to generate a random set of numbers with no distinguishable patterns in appearance or generation. The math machine (algorithm) that assures a fair game
Game Maths – The programming of a slot to achieve the desired RTP, factoring in such things as bonus mechanics, hit frequency, bonus frequency, and how much of the RTP occurs during base gameplay or bonus rounds, etc.
Bonus Mechanics – How features are played out. This can also include how wild symbols appear and how they “act” (expanding, stacked, etc), respin features, free spins with multipliers, picking games, etc.
Game Engine – The software framework that does everything from rendering graphics and sounds, to managing features
Hit Frequency – How often the game will stop on any winning combination
Readers will find dozens or even hundreds of pages out there that talk about return to player percentages (Theoretical RTP and Actual RTP) as well as volatility. Some are well-informed and some are full of gobble-dee-gook insisting that with the proper knowledge you can outguess a random number generator (RNG) and “win at slots”.
If you know all you want to know for now, or want to save a few brain cells to play, there actually are some “slot hacks” that can help you win.
Plenty of facts to follow…
We’ll break down these two important elements of slots play and sprinkle in enough hard science to make the subject understood and hopefully enjoyable for readers at all current levels of understanding.
Most players have a mixed bag of beliefs and feelings about slots, many have conflicting ideas. It’s okay to mix in a little superstition and magical thinking to make the games more fun as long the facts can stand on their own.
Are you still with me?
The reason the facts are not more widely understood in detail is rather easy to guess…
The study of probability is simply boring or cumbersome for many people. We’ve also been exposed to fairy tales and misunderstandings, not to mention outright scammers looking to make a buck off their “insider knowledge” of how slots work.
The simple fact that you are reading this tells us that you and I are almost on the same page, we both want to know presicely what goes on behind the curtain, and by the gods Fortuna, Bonus Eventus, and Tyche we want to know why we win and why we lose!
Jump to the meaty stuff or enjoy the minutia…
Rtp Meaning Slots
It would appear as if the physical model of virtual reel strips and the mapping of them to determine game maths is most likely a defunct art of old-timers. Most of today’s slots seem to operate from another model, one where the result is determined and then the symbols on the reels align to the stars after the fact.
Of course, most virtual reel machines are programmed like this but many slots today do not seem to have virtual reel strips.
We can only assume this is due to the complicated maths needed to code and deliver some of today’s advanced bonus mechanics. NetEnt comes to mind as do some of the newer Microgaming titles. We simply can’t be sure without access to the proprietary information.
What we do know for sure, because they tell us, is that some game developers are using fixed odds models rather than reel strip maths on games that appear to be slots, but in fact, simply spin animated reels for eye candy with the results determined otherwise.
One such game is Legend of Terra by NeoGames. Reading the Help file we find:
“The game’s appearance and functionalities are those of a slot. But the outcome of the game is actually determined by a fixed-odds paytable”.
Another UKGC-licensed developer also provides “slot” games based on the fixed-odds model of scratch cards. This removes all volatility for the operator because if a game is set to 97% RTP, exactly 97,000 game/pay instances in 100,000 will be equal bet winners. The operator is guaranteed a 3% house edge once every “ticket” has been cycled through.
The problem for players with this accepted and licensed model is that we do not know if the top prizes have already been awarded (much like buying scratch tickets from a retailer) so we will never have a chance to win the top prizes if they have already been awarded. We may spin our wheels with empty tickets and the occasional small win – why? If the top prizes have already been awarded, they simply do not exist!
Real slots, in our opinion, do not operate like that. We believe that the old-style virtual simulation of a physical machine with x number of symbols on each reel, along with the attendant odds of that model, are the only pure and true slots.
The gaming commissions of the world may not agree. We find no rules or laws that dictate how the RTP is to be accomplished, only that it must be observable, verifiable, and repeatable.
The Meaty Stuff
Theoretical Return to Player Percentage vs Actual RTP
Before we go too deeply into the maths, it’s important to keep in mind that operators occasionally have options when it comes to RTP. The same game can have different maths at different casinos online just as they can and do on land.
How is this possible..?
The UK (RTS 3C) and Sweden, for example, require that the RTP be a knowable number for consumers. Many other jurisdictions do not require that you know the RTP. We occasionally see par sheets with a range of RTPs listed.
Glory be, guess what?
When the games are deployed in the UK where the RTP is stated in the rules they have the highest possible RTP setting. When they are offered elsewhere, under a Malta license, for example, they can be set to any number within the given range.
On the side of caution, we simply expect some Canadian slots to be less lucrative for players than the same titles at a UKGC licensed casino.
Does that seem unfair?
Read on to see why we’re not so sure…
Most developers keep their game data a closely held secret. Some are more generous with the information. You may see the RTP, a volatility index of low, medium, or high, the max bet possible (also adjustable by operators) and the maximum “exposure” of a single spin (the most that can be won). However, some casinos are proud to display at least the RTP if nothing else. We only know of one operator that actually allows players to filter games by volatility.
In reality, the volatility of a slot is a much more important consideration than the RTP (within a couple of percentage points either way).
Yes, that is counterintuitive, but we have to keep in mind that the theoretical RTP will only be reached (within more or less a percentage point) after ONE MILLION SPINS using a confidence interval of 95%. [Volatility (standard deviation) of 5.6].
As we can see from the table above captured from the UKGC website, there is a nearly 5% (4.90862) deviation from the mean after 50,000 spins! This tells us the RTP is more important to regulators and to a casino’s bottom line with thousands of players spinning than it is to individual players.
In more concrete terms…
A game with 94% Theoretical RTP can fairly give you or me an actual RTP anywhere between ~89.09% and ~98.9% after 50,000 spins and the Gambling Commission would still consider the game to be performing as expected.
That’s a big number, and if we do 1,000,000 spins we’re still only ahead or behind by a single percentage point (1.09760%).
Obviously, if given the choice, we would select the game with the highest RTP, but the number is simply too squishy to be the most important factor unless we consider the deviation.
Of course, a game with lower volatility would reach an acceptable deviation in fewer spins.
Let’s bring RTP home with volatility, shall we..?
Should you match your game choices to your appetite for risk?
Most likely!
RTP should matter most to you (within a few percentage points) if you play low-risk games and expect to spend the next 50-100 hours torturing your bankroll. Yes, life is one single gambling session but you have to break out the numbers somewhere for illustration.
50k spins@15 per minute = 55 hours. Please see the red arrow above. The very low-risk game (std dev 7.2%) begins operating near the theoretical RTP somewhere between 50,000 and 100,000 spins.
Spin 8 hours per day for 2 weeks to achieve going broke..?
If you normally want to spin all day or all night on a modest bankroll, in hopes of the rare jackpot and you are happy with more frequent small wins (or win celebrations, depending on the software) then you may want to seek out low index games using a search engine and making a list of them.
“Put it all on 17” and spin once..? Go broke or go home happy.
Alternately, if you prefer the adrenaline rush of a big win now and then, and you don’t mind busting your bankroll with a quickness most days, you know the sort of games to search for!
It can be very rewarding to hop around as well, depending on the mood du jour.
Choosing High-Risk Games
Before going further we’d like to caution that statistically, high-risk bettors lose more and lose more often. In the summer of 2019, regulators in Macau put a stop to casinos using artificial intelligence algorithms, facial identification, and other tech to identify and target high-risk players. According to Bloomberg, high-risk players tend to lose ten times more than the average player.
That said, playing highly volatile slots is the only way you are likely to win any significant amount of money. Yes, low-risk games do occasionally pay out well, but even the top prize is often small compared to what can be won on higher risk (high volatility) games.
Highly volatile slots, by nature, have a lower hit frequency. The wins are also bigger when they occur. A rule of thumb to follow when attempting to identify high volatility games by looking at the paytable is that the lowest possible prize is usually higher on a high-risk game compared to a low-risk game. However, the reverse is not necessarily true.
Player-Controlled Volatility
While you can increase the volatility of some games, you can almost never decrease it. Yes, there are free spins bonus rounds that give you a range of choices – more free spins with a lower multiplier or fewer free games with a higher multiplier.
And, of course, there is Good Girl Bad Girl from Betsoft. Choose the Good Girl for pays from left to right (low index), the Bad Girl for pays right to left (high index) or choose both for medium volatility…
But you can’t dial down the game maths – they are chiseled in stone.
However, you can increase your risk and reward potentials by choosing fewer paylines and increasing your bet on each line. If you normally bet $0.01 per line on all 20 lines, you can choose 10 lines and bet $0.02 per line. You will have half the chances to win twice as much. You have easily changed the volatility of the game to feed a higher risk appetite.
If you normally bet $1.00 per spin you can choose 11 lines at $0.09 each for $.99 spins.
Rtp Slots Meaning Synonyms
RTP and Volatility Summation
Regardless of what our guts tell us, or even what other experienced players may believe, the maths show us that RTP is far less important than the volatility of a slot game. That is not to say we should ignore the number, it’s still important to some degree, especially on games tested with a high confidence interval where the deviation is small.
The SD, or volatility index effects the results of games far more than the RTP does since we will probably never spin the same slot 50,000 times, let alone 1,000,000 times – and – the potential result of every spin is influenced more by the inherent risk built into the game than the theoretical RTP.
Casino Rtp
If you find the subject of RTP and Volatility interesting we can suggest further reading.
Rtp Slots Definition
- Estimating the Ability of Gamblers to Detect Differences in the Payback Percentages of Reel Slot Machines: A Closer Look at the Slot Player Experience
Anthony F. Lucas
A. K. Singh - A Personal Guide to Electronic Slot Machines
John M. Pacyniak, Ph.D. - For the mathematically inclined, a discussion of Standard Deviation on the Wizard of Vegas forum.