What you need to know about RTP and Volatility when playing online slots
Start writing a post
News

What you need to know about RTP and Volatility when playing online slots

playing

12
What you need to know about RTP and Volatility when playing online slots

Online casinos don't give money away. They exist to make a profit. They rely heavily upon creating "games" of chance that favor the house in order to make sure they are always profitable. The house can be referred to as an online or retail casino.

You need to know that the house always has the upper hand whether you are a professional or a casual gambler. You'll end up spending your money on winnings that are unlikely to come. This reality is scary, but there's a light at end of the tunnel. This light can be seen shining through very public information which makes it very clear to what extent the odds of a house winning a game rtp slot77.

Online Casino Slots: Gambling Odds

Online video slots are the most popular online casino gambling site. This claim is supported by the fact that there are over 7,000 online slots. Many online casinos offer as many as 4,000 video slot options for their customers. This should be enough to show that online casino gamblers love these exciting and fun games.

Video slots, unlike Blackjack and Roulette, which can be calculated using simple math, offer odds that are more random and difficult to gauge. Because spinning reels can produce thousands of results, they are unpredictable and difficult to gauge. The number of rows and reels a game has will determine the actual number of possible results.

Your curiosity should now be sparked. You should know the odds of winning if you play online slot machines. This information must be available legally. Most online gambling regulators have rules that require casino operators and online slot developers to disclose the odds of each game. How does this happen?

What are the Odds of an Online Video Slot?

There are many auditing firms in the online gambling industry that conduct audits of online gambling platforms and games. This includes companies such as eCOGRA, TST. These auditing firms are responsible for auditing games using auditing software. This software allows a game to easily be played thousands upon thousands of times in a very short time. All possible outcomes are then compiled and quantified.

After an audit is completed for a specific game, the auditors will be able provide two ratings. The "Return-to-Player" percentage, or RTP, is the first rating. The second rating, or volatility, is the game's risk. It is displayed in a range from low to high.

This information will help you to understand how to use ratings to increase your chances of winning on an online slot. This information applies to both USA and international online casinos.

What does the RTP Percentage Really mean

The RTP (Return to Player) percentage can be defined as: This is the percentage of each dollar wagered on a video game that will be returned to players in the form of gross winnings over its life.

Example: An online video slot with a 96% RTP means that gamblers can expect to return 96% of the money they have bet over a long period. However, this does not mean that a player cannot win. They do have a chance in the short-term. The RTP percentage should decrease their chances of winning over a longer time.

Notice: The house has the advantage of the 4% difference between 100% & 96% Notable is also the fact that online video slot machines have an average RTP of 96%. Video slot players who are skilled would be well advised to play slots with a higher RTP percentage. Online casino operators in most jurisdictions must publicly publish each game's RTP.

What does the Volatility Rating Actually Mean

Volatility is the combination of two things. It is the ratio of gross winnings per slot and the size of those earnings. Five (5) general volatility ratings are available with definitions.

  • Low volatility - often with low gross payouts
  • Medium volatility - fairly frequent with low payouts
  • Medium volatility - Average frequency and average payouts
  • Medium volatility - somewhat rare with high payouts
  • High volatility - Infrequent with higher payouts

Summary Now you have enough information to assess the risk of playing an online video slot machine game. You should now be aware that online slots with low volatility and a high RTP percentage are the best. If you decide to play other slots, you'll be able to assess your risk.

You need to know that the house always has the upper hand whether you are a professional or a casual gambler. You'll end up spending your money on winnings that are unlikely to come.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

74710
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less
a man and a woman sitting on the beach in front of the sunset

Whether you met your new love interest online, through mutual friends, or another way entirely, you'll definitely want to know what you're getting into. I mean, really, what's the point in entering a relationship with someone if you don't know whether or not you're compatible on a very basic level?

Consider these 21 questions to ask in the talking stage when getting to know that new guy or girl you just started talking to:

Keep Reading...Show less
Lifestyle

Challah vs. Easter Bread: A Delicious Dilemma

Is there really such a difference in Challah bread or Easter Bread?

46884
loaves of challah and easter bread stacked up aside each other, an abundance of food in baskets
StableDiffusion

Ever since I could remember, it was a treat to receive Easter Bread made by my grandmother. We would only have it once a year and the wait was excruciating. Now that my grandmother has gotten older, she has stopped baking a lot of her recipes that require a lot of hand usage--her traditional Italian baking means no machines. So for the past few years, I have missed enjoying my Easter Bread.

Keep Reading...Show less
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

977461
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments