If you’re a lover of slots and delight in the thrills of playing for real money, finding the best payout slots online should be a top priority. Not all players understand how payout percentages work, let alone how the RTP can affect them when it comes to wins and losses. That’s why we’ve gone to the trouble of breaking down everything you need to know about payout percentages, the variance in slot games, and where you can find the best US online slots payout for real money.
In addition to checking the paytables of slots, players can also determine whether a slot has a high payout percentage simply by reading up on reviews and player feedback. If you can clearly see that players have managed to win frequently on these games, it’s a safe bet the machine is high variance and has a high payback percentage.
To save you the time and hassle of even needing to check this information, we’ve listed the following games with the best online slots payout percentages from our top recommended online casinos below.
In a nutshell, a payout percentage is an average amount that a player will get back in the form of winnings, matched against the amount they have wagered.
Say, for example, an online slot machine has a payout percentage of 96%, and a player places a $100 bet. The payout percentage would indicate that the player should receive back $95 in winnings, on average.
Do note that a payout percentage is always calculated on average, which means you’re never guaranteed to receive back the exact amount in one session or even in 100. However, the more bets you place, the higher chance you have at seeing a result that’s close to a slot’s payout percentage.
The RTP, aka, Return to Player Percentage, is just another term for the payout percentage in casino games. This figure is represented as a percentage out of 100 on an even-money game with no house advantage.
The higher the payout percentage, the more the player is likely to win. The best payout slots percentage/RTP is between 96%-99%, but you won’t necessarily be able to tell a slot by its RTP unless you check the payout percentage information in the paytable before you play for real money.
Variance usually crops up when players talk about slots. But what does this have to do with the payouts exactly?
Slot variance, also known as slot volatility, refers to the frequency in which jackpots are paid out in these games, along with the size of the winnings. There are three types of variance in slot games. These are:
Low Variance Slots - These slots' payout wins frequently but in modest amounts.
Medium Variance Slots - Players can expect to hit wins fairly frequently in these games, and the payouts can be small or large.
High Variance Slots - These games don’t pay out as often as low or medium variance slots, but players can expect significant payoffs when they do.
Most slot games don’t usually display the volatility in the paytable. The good news is that players can get a good idea of a slot’s volatility by looking up other players’ experiences or trying the game out for free first.
If you’re going to play the game for free, just spin the reels 100 times, then take note of how many wins you land. If the paylines are triggered frequently but the wins were mostly no more than 2x your original stake, it will be safe to assume that the game has low volatility. If you win up to 10x or more of your original stake, this is considered a slot game with a high variance.
Most low variance slot games are penny slots or games that host small jackpots. Any progressive slot game is likely to have a high variance, particularly if the top award is 50,000 times the bet per line or more.
You may be wondering if there is anything you can do to increase your chances of winning on slots with high payouts. Unfortunately, these games aren’t based on strategies like blackjack or video poker because Random Number Generators determine the outcomes. This means that no matter how much or how often you bet, you can do nothing to give yourself an extra advantage. You can, however, maximize your chances of seeing a payout by getting to know the ins and outs of a slot game, practicing for free, properly managing your bankroll, and opting for low variance slot games. While you might not strike the ultimate moolah with low variance slots, your chances of winning something are much greater than playing slots with a high volatility.
If you really want to receive the highest payout in a game, opt for slots with progressive jackpots. These are games with jackpots that accumulate in size as more people play, then once one lucky player wins it at random, the jackpot resets, and the process begins all over again.
Opting for these games may sound counterintuitive to what we said above, but these are the ones where players have the opportunity to score life-changing sums of money. We’re talking hundreds of thousands, if not millions here! While these slots all naturally have a high volatility, ─ meaning you’re undoubtedly going to lose more often than you win ─ they are still worth playing if you want a chance at scoring the largest possible payout. And heck, who, as a serious gambler, doesn’t want a chance at that?
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