How To Find The Payout Of A Slot Machine

  1. MAXIMIZING SLOT PAYOUTS. Slot machines are not games of strategy. Live casinos and online casinos offer them as games of pure chance. Only rarely does skill come into play, although skill-based slots loom as a coming attraction.On most slot games, there’s nothing you can do to change the outcome.
  2. You can’t find the payout percentage on a slot machine — at least not in the United States. I’ve heard that you can get this information on slot machines in Europe, but I’ve never seen an actual photograph of this kind of labeling. You can, though, have some fun calculating actual payback percentages in the short run.

Introduction to Oregon Slot Machine Casino Gambling in 2020. Oregon slot machine casino gambling consists of nine tribal casinos and many bars, taverns and pari-mutuel wagering sites with video lottery terminal (VLT) style slot machines. There is a theoretical payout limit for non-tribal VLTs but none for video slot machines at the tribal casinos.

It’s impossible to predict if a slot machine will pay out at a specific moment; anyone claiming otherwise either doesn’t understand how slot machines work or they work as a casino promoter.

If it were possible to identify precisely when a slot machine is about to pay, then the casinos would lose money, and we are all aware of the fact that it usually doesn’t happen. Internet gaming establishments are well-oiled machines built to provide you with entertainment in exchange for money.

However, don’t close this article just yet. The fact that there is no foolproof way to win money on slot machines every time doesn’t mean that it is impossible.

As you probably already know, the odds included in slot machine games are based on the mathematical probability. So, if you learn how those odds work, you might be able to use these findings to your advantage and make some profit.

What we’re actually saying here is that with a good strategy in play and a decent understanding of how to recognize (or at least assume) when a particular slot is about to pay out, you can increase your chances of winning.

We’ve done our homework and poured over countless slot machine tips and tricks in order to learn how to recognize the moment when a slot machine is about to pay out. After a lot of digging, we were able to create a list that shows the most effective strategies you can implement to overcome the ‘randomness’ of slot machines.

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Play Only Slots With the Biggest Payouts

This piece of advice seems rather obvious but bare with us for a moment. Everyone who has played in either a brick-and-mortar or an online casino is familiar with the phrase ‘house edge’. For those who have heard about this term but aren’t quite sure what it means, we’ll try to clear things up a bit.

The term ‘house edge’ refers to the mathematical advantage that the gaming establishment has over players. This advantage results in a guaranteed percentage that is returned to the online casino over time. In other words, casinos always beat the players in the long run since the odds are stacked in their favor. You must have heard about the phrase ‘the house always wins’? Well, the house in this phrase is a casino, and you can see for yourself why it always wins.

However, don’t fall into despair yet as all is not lost.

How To Find The Payout Of A Slot Machine

Although the odds are stacked against players, it’s still possible to win. In fact, every slot machine has a theoretical return to player based on statistics which is called the RTP (Return to Player).

The average RTP for most slot games is somewhere between 90–96 percent. Therefore, every slot game that has the RTP over 96% is always a good option. A couple of percentage points difference may seem meaningless, but trust us — it makes a lot of difference over thousands of spins. For those reasons, it’s always a good idea to do a little digging before you start spinning the reels.

How to Find the RTP of a Slot Game?

Finding out the RTP of a particular slot game is quite easy. There are plenty of websites which review online casinos and write about their game selection, as well as their respective RTP’s.

Simply put, you stand a better chance with the higher RTP slot games. This particularly is the case when you’re playing through bonus spins.

Entertainment vs Big Wins?

This factor is almost as important as the RTP when it comes to choosing an online slot game. Volatility, sometimes called variance, in slot games measures how often and how much you can expect to win during your playing sessions.

Higher volatility slots usually feature long dry strakes with occasional big wins. Since the payouts are substantially higher with high volatility slots, you might sometimes end up clicking the Spin button relentlessly, only to watch your bankroll dwindle. However, when everything lines up perfectly… boom! You’ve hit the jackpot that made the long dry spell worth it! One of the best high volatility slot games is the Book of Ra, created by Novomatic.

On the opposite side of the coin are the low volatility games where payouts are much more frequent but more much smaller. We are not saying that large wins are impossible with these games — far from it. It’s just when they do happen, they are not on the same scale as the ones available with the high volatility games.

It’s really up to the player and his preferences — if you prefer playing games where little wins pop up every couple of spins, then go for the low volatility games. On the other hand, if you are hoping for making the big bucks and are willing to take necessary risks, then we recommend high volatility games.

Online casino platforms aren’t quite eager to hand out the information about the game’s volatility, but it becomes obvious after playing it for a certain time. There isn’t such a thing as a ‘good’ or ‘bad’ volatility — it’s just a question of gambling style and personal preference.

Use the Bonuses in Your Favor

One way to put up a fight against the house edge is by taking advantage of the bonuses. As most of you probably already know, the majority of casino sites offer free spins/free money/ bonuses as incentives to lure new customers. Those bonuses can prove beneficial and turn the odds in your favor.

Of course, don’t expect that the bonuses will last forever. But while they last, you can definitely make the most out of them and clean up some easy cash. On that note, there is no reason why you shouldn’t search around and take advantage of different promotions.

Slot Machines FAQ

Below we’ve answered some of the most frequent slot-related questions. We know that slot machines pose a mystery, and we’ll help you unravel it.

Is gambling on a slot machine really random?

Yes, it is. All slot machines in all online casinos operate by using the RNG, a computer-run program that randomly chooses numbers. A reliable RNG generates numbers that are not related to each other in any way, thus ensuring that your games are fair and random. All types of bonus rounds are predetermined by algorithms, regardless of which slot game you play.

Are slot machines really streaky?

Yes, slot machines are streaky, and they tend to get cold and/or hot. But it’s all the same for you as you have no way of predicting when a slot machine will become hot or cold. These patterns that happen from time to time look like streaks of bad luck or good luck, but they are not based on anything — that’s just the nature of random events.

How can I find a slot machine that suits my gambling style?

It depends on your preferences — if you’re up for cheap entertainment, you should find games that allow a cheap max bet.

If you’re looking to win a massive jackpot, you should concentrate on progressive games and games that feature lots of bonus rounds. These games have high volatility, which means that payouts don’t happen very often, but when they do, they are substantially bigger.

If you just want to have a good time and money isn’t an issue, look for the latest developments. These games feature plots and characters from popular TV shows, movies, sports, and so on, and offer bonus rounds and other fun extras.

Is there a strategy I could implement to increase my chances of hitting the jackpot?

Unfortunately, there isn’t. All possible outcomes are controlled by a Random Number Generator and there is no betting amount or a specific strategy that will make it more or less likely for you to hit the jackpot. However, have in mind that in most online casinos (and land-based for that matter) you have to bet max in order to qualify for the slot jackpot payouts.

What’s a good strategy for playing slot machines?

Before you start spinning the reels, find out the payout percentage of the selected slot machine — don’t play anything that has the RTP below 95 percent. If you are a high roller, go for the high volatile games and chase the main jackpot. Make the most out of the available casino bonuses — they can increase your winning chances by providing extra spins. Avoid the latest licensed slots if possible because, according to various sources, they are more likely to feature fewer payouts.

The fact that matters is that you can’t use some special skill to outsmart a slot machine and change the payout percentage of it. But you can try certain strategies that can maximize your chances of winning.

The thrill of slots lies in the potential for a big payout. Whether you’re looking for the big jackpot or trying to grind out a steady profit, it’s what the machine gives you back that’s the most important. But are all slot machine payouts equal? Is there any truth to the myth that some games are more generous than others? If you’ve ever asked yourself these questions, then you’ve come to the right place.

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On this page, we’ll go over the best payout slots in the UK today, plus tell you exactly how you can check the slots payout ratio of any game you come across. Remember, the UK gambling scene is completely licensed and regulated. Consequently, casinos must be transparent about how much money they are making and paying back out in jackpots and winnings. The information is not always sitting right in front of your nose, but it is there to find if you know where to look.

Slot Machine Payouts – In a Nutshell

So how exactly does a slot payout ratio work? The amount that a slot machine pays out can, and is, calculated by both casinos and regulators. Modern online slots call this value RTP – or return-to-player. The figure is given as a percentage and is used to provide customers with an accurate prediction of how much of the money staked on a game is paid out in prizes. There are a couple of things you need to understand about RTPs, however, before you wander off in search of the highest rate.

What Slot Machines Have The Best Payouts

RTPs are theoretical. We cannot stress this enough. If you find a game with a reported theoretical RTP of 98%, it does not mean you are guaranteed to have 98% of your stake returned in a single gaming session. Sometimes, you can find data for actual RTP rates. Actual RTPs are more accurate than theoretical ones, but it’s important to realise that they represent the rate of payouts in the past, and do not necessarily reflect what that machine will pay out in the future.

Let’s look at an example to better explain how RTP is calculated in the online casino industry. Say, for example, that you are playing a slot that had one payline, and the chance of winning on that payline is equal for every spin you take. If, after staking a single coin on 10 spins, you have received a total of 9 coins in return, your actual RTP would be 90%. Sounds simple, right? Now consider that some modern slot games have more than 200, unequally likely ways to win. Calculating an RTP by yourself is impossible over 10 spins, never mind the millions of spins that are used to produce the data that is available to players today.

Types of Slots and Their Payout Ratios

Technological advancements in digital gaming and the switch to software-based slot machines somewhat diversified the market. As a result, it’s easier to categorise our favourite slot games into four main groups to differentiate between the what is a typical RTP and how to spot a bad one.

Progressive Jackpot Slots

There’s no doubting that progressive jackpot slots are the headline acts of this market. Progressive jackpots are the result of thousands of players working together to build big prizes at ridiculous speeds. Slots that have a progressive jackpot are linked together across several games, casinos and even countries. As a result, the RTP of these games tends to be on the low side.

A game like Mega Moolah, for example, has an RTP of around 88%. However, this is countered by the fact that when it pays, it pays big.

Classic Slots

Classic slots that stick to the traditional fruit machine formula tend to have what we call ‘fixed jackpots’. This means that the largest prize does not change regardless of how many people around the world are losing money on it. As a result, the base payout ratios of these games tend to be a little higher than a progressive jackpot slot.

A classic slot such as Jackpot 600, for example, has an RTP between 95.1% and 98.9%. These slots payouts won’t make you an overnight millionaire but are perfect for longer playing sessions.

Video Slots

Video slots are modern incarnations of classic slots. They vary in style, formats and payout ratios, but in general when we refer to video slots, we mean the computer-generated, video-gaming-looking games such as Gonzo’s Quest. There’s really no general rule for RTPs with these games, given the openness of the way they are designed.

A video slot can have one payline or 243, and the slots payout ratios vary in much the same way. The best thing to do is check the RTP of the game – by searching through the help sections – before you begin to spin.

Franchise Slots

Today’s online slots market is filled with popular franchise slot machine from your favourite TV shows and Hollywood movies. The franchise model really came to life with the rise and fall of the Marvel slots. Despite Disney pulling the plug of the superhero games that proved such a big hit, the Marvel games proved that franchise slots had a place in this market.

Today, games such as Universal Studios’ Psycho and Game of Thrones reign supreme. These games tend to have a lower payout ratio than non-licensed slots due to the higher costs to software providers or using the official characters and branding.

How to Find the Best Payout Slots

Depending on whether you play slots offline or online, these casino games of chance can have lower or higher payout ratios. In terms of differences between software provides, there tends to be very little. Choosing a software provider is a matter of game preference and experience, rather than favourable RTPs. The same goes for mobile games. The payout ratio of a mobile slot is the same as it is when you play it on desktop. Slots payout ratios are particularly important if you are planning on playing slots for high-stakes, as you’ll want to find the best RTP possible to protect your significant risk.

If you want to check the slot payouts of online casinos for yourself, search the online casino site for possible reports from independent auditing firms. You can check the slot payouts at each casino by looking for reports from Technical Systems Testing (TST), a Gaming Laboratories International third-party auditing company. The company tests electronic gaming equipment and makes sure it produces random results. Regarding slots, it conducts rigorous tests on their RNG and ensures it creates fair outcomes. You can also look for reports from eCOGRA, an independent and internationally recognised testing company established in 2003 and based in the United Kingdom. The agency specialises in the certification of online gaming software and systems and some of its activities focus on fair gaming by evaluating the RNG and RTP of games, providing secure and safe gaming environment and preventing underaged and vulnerable players from gambling. Online casinos usually offer reports from TST or eCOGRA on their websites and display seals of approval on their homepages.

How To Find The Payout Of A Slot Machine Jackpots

Discover Top Online Casino Slot Payouts

The competition in the online slots market is so intense that software developers and casinos are scrambling to create games that offer the best payout ratios possible, whilst still generating profit for the operators. Modern online casino fans are savvy, and gambling companies know this. RTP is becoming more and more of a common term amongst even casual fans, and we predict it will be a more prominent unique selling point for new games in the future.

A common question we get asked when talking to slots players on this subject is: Do some online casinos have better payout slots compared to others? The short answer is no. The payout rates are determined by the software provider. These RTPs are audited by third party companies and companies can get into big trouble for messing around with the random number generator or the game’s inner workings after it has been certified as fair and safe. One thing that can change from casino to casino, though, is the maximum bet and/or coin limits. These do not directly affect the percentage payout rate, though. It’s also worth remembering that even games that can be found both online and offline will not have the same payouts.

Where Are the Best Land-Based Casino Slot Payouts?

Slot Machine Payout Chart

Bricks and mortar casinos work differently from online casinos in terms of operation, functionality and many other factors. When it comes to their payout ratios, at land-based casinos they are roughly between 84% 86% and they are calculated based on restrictions such as costs of development and manufacturing as well as costs of the massive overhead. These costs leave a big cut for bricks-and-mortar casinos and therefore, they have to offer lower payout ratios than those of Internet casinos to stay afloat.

For online casinos, the payout ratios of slots are much different. They are much higher or approximately between 90% and 97%. The biggest reason behind this is that the costs associated with running an online casino site are lower than the costs of running a land-based casino. Expenses connected with massive overheads or manufacturing are irrelevant for online casinos so no wonder why the payout ratios of games are higher. You can find land-based casino slots at any major high-street casino. Today, you’ll even find popular online games at your local branch. However, do be aware that despite the gameplay being the same, the payout ratio will be lower than it is online.

Which Slot Machines Pay Out The Most

Curious Payout-Related Behaviour at Land-Based Casinos

There are some curious behaviour patterns that we’ve observed when playing land-based slots. There’s no telling how well these tricks and ‘hacks’ work – while some are simply quirky and potentially good for thwarting off boredom at a brick and mortar gambling joint, some verge on misleading superstitions. We’ve summarised our favourites below.

  • Timing the machine: Some punters monitor a slot for when it pays-out, and dive in after a certain amount of time has passed
  • Popularity contest: If others are staying away, the logic goes that it is for good reason
  • Identifying patterns: Loitering around a slot, watching others play, and noting down the payout frequency
  • Rotation: Avoiding sticking at the same machine because it surely must payout soon!
  • High-limits: Punters pick slots that require higher wagers, but have higher payouts

It Is All Really Worth the Effort?

The important thing to take away from this guide to payout ratios is that nothing is permanent in this fast-moving market. The only way to really stay on top of the game is to take an interest in the industry as a whole. The best way to find the absolute highest RTP possible is to check out plenty of slots games and casino reviews. The other option, of course, is to forget about RTPs, payout ratios and all that technical stuff, and to just play the games and have fun. Remember, even the best payout slots ratio imaginable is still going to favour the house. With that in mind, it might be better to just enjoy the ride, have fun, and forget about trying to maximise your winnings. At the end of the day, whether you win or lose comes down to luck, just as it always has, and always will.

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