Online slot machines are more than just reels and symbols. Basically, every game has a payout ratio (RTP – return to player) – and you should know that if you want to win.
If you deal with the casino online technology of an online slot machine, you will quickly find out that the potential payout ratio differs from device to device.
Different games offer different payouts. The frequency with which the prizes go to the player changes – depending on which slot machine you are playing.
In reality, the differences are negligible, and you probably won’t even notice them during your game. However, if you focus on the long term and want the best odds, you cannot avoid the numbers.
In order to understand the real meaning of statistics and percentages, you need to understand the concept of the payout ratio.
What is the payout ratio?
No matter which online slot machine you choose, you will be dealing with the theoretical payout ratio. This is expressed as a percentage and indicates the amount you will get back over the long term.
Would you like an example? Please: If the payout ratio of a slot machine is 98 percent, you are expected to return 98 euros if you bet 100 euros.
In reality, it doesn’t work that way. If you actually bet 100 euros per game session, you probably won’t go home with 98 euros, because the calculated payout odds are based on an infinitely long period of time.
You can’t play forever – and that’s exactly what was included in the calculations. In many ways, the payout ratio is the counterpart to the house edge in baccarat or blackjack.
Because manufacturers do not track individual gaming sessions, the calculations for any gambling must be based on a long-term average. An RTP of 98 percent only means that theoretically, the total payout ratio runs against 98 percent.
In other words, if you look at the results of thousands of players over a long period of time, the payout ratio should be 98 percent.
Results do not always reflect expectations
As is well known, the paper is patient. But if you look at a graph, you will find that the individual results do not always match the expected payout ratio.
For example, you could bet 100 euros on the payout ratio of 98 of the machines in one day and bring in 150 euros, but end the next session with just 60 euros. It’s called variance, and it’s a natural part of the process.
However, if you represented thousands of results in the form of a graph, this would approximate the specified payout ratio. Because of the variance, however, you cannot predict how your session will turn out based on the payout ratio.
But you can get an idea of your potential win rate.
If you had to choose between two slot machines, each with a payout ratio of 98 or 88 percent, your choice would probably always fall on the one with the higher odds. Even if you play a hundred times on this machine and win more, the numbers indicate that you will do better in the long run with the lower odds.
Including payout ratios and jackpots
The selection becomes even more difficult if you add jackpots and prize pools.
Let’s take progressive jackpot video game machines as an example. There we have the jackpot game Mega Moolah with a payout ratio of 88.12 percent. Not bad. But it pales in comparison to the 96.03 percent of Deco Diamonds.
The maximum payout at Deco Diamonds is a measly 27,000 euros, while Mega Moolah’s jackpots often range from 1,000,000 euros and more.
Because of the addition of this variable, you have to rethink your expectations.
Are you interested in regular profits or higher payouts? Those who prefer to accumulate profits should stick to the payout ratio.
However, you want to make huge profits and don’t mind waiting? Then check out the payout page.
Most experts choose a middle ground.
Even though they are not dealing with exact science, regular players choose to include payout odds and jackpots so that they have a fairly constant rate, but also the opportunity to win big.
There are other factors that you should consider when making decisions – subject matter, stakes, and additional bonuses.
However, if you like to juggle numbers, you need to know the payout ratio before you even touch a finger.