Ever since their creation at the end of the 19th and the start of the 20th century, slot machines have been one of the most popular and most frequently played casino games. It’s really not that hard to see why. In essence, they offer ‘easy fun’.
As there is no learning curve to this game of chance, literally anyone (of age) can walk into a casino and start playing. They don’t have to fear losing due to their lack of experience. The wheels spin in the same way for everybody, you just have to hope they land in the right spot.
There is no difference between first-timers and veteran slot players when it comes to the gameplay itself — but the latter have the advantage of being able to make the right choice. When you’re playing slots for real money, picking the right machine can get you a long way into giving yourself the best odds of winning.
What should you look for when making a choice on playing real money slots games? There are a few factors to consider, but before we go into that, let’s see how slots actually work.
Return to Player
Return to Player is a statistic every slot machine comes with. What it represents is how often the machine will pay out in the long run. Basically, you can look at it as the opposite of a house edge. So, for example, if you come across a game with an RTP of 95%, you can consider it has a 5% house advantage. Logically, you want to play a game with the highest possible RTP.
Keep in mind, though, that RTP is measured over an extended period of time — millions and billions of games. As a result, a high RTP doesn’t promise you guaranteed wins. You can sit around for hours on end and still come up short. But, the odds will be more in your favor, so don’t disregard this entirely.
Another metric to judge a slot by is its volatility. Volatility represents how often and how much games will pay. A high-volatility slot doesn’t pay as often, but when you win on such a machine, you’ll win big. On the other hand, a low volatile machine will do the opposite — they aren’t as generous, but winning rounds will arrive in larger numbers.
When playing online, it’s easier to find information on an online casino’s game volatility. Picking a machine with low or high volatility can be a part of your strategy. If you wish to make low bets and play more rounds (even going with the minimum allowed bets), high volatility should be your choice.
Random Number Generator
Random Number Generator—or RNG for short—is a system employed by video slots. This is a mechanism which, when made properly, makes sure every outcome of the game is genuinely random and independent of other results. It doesn’t consider whether you’ve been doing well in the previous rounds and how much money you’ve placed.
How it actually works is the RNG is continuously going through numbers in no particular order. The moment you hit the spin button, it stops on a number, any number, and this determines which position the reels will stop at. When the reels stop, you’ll know if you’ve hit any of the winning combinations or you’ve lost.
Strategies to Win?
As you can see, there’s nothing much you can do to influence the outcome of a slot round. Unless, you know, you hack the game and cheat, but that’s illegal. Many players think they can beat the system by misinterpreting how RTP works. There’s a belief a machine will pay out in waves and that you, as a player, can anticipate this. This is what we call hot and cold slots. Cold slots are the ones in the losing cycle, during which they don’t throw out a lot of winning rounds. So, if you see a player losing most of the rounds and leaving, the idea is to jump on their machine in hopes that the tide will turn and enter the winning phase, which would make it a hot slot.
Why does this not work? This type of thinking is known as the gambler’s fallacy. As we’ve said, game providers measure the RTP on a large number of spins. So, even if you sit down for a whole day and not win a single round, that doesn’t mean the machine is rigged. It will still stay true to its high RTP.
It’s true that you can find trends in random data. If you roll a dice a million times and log the results, you’ll find some numbers tied together — you might throw several fives in a row, followed by a couple of threes and so on. But, this doesn’t enable you to predict the result the RNG will come up with. For example, a coin toss is a random event. But, even if you throw a hundred tails in a row, it doesn’t matter. The next coin flip will always be a 50/50 chance. The same goes for slots.
Aside from the obvious convenience that comes with playing from your computer or mobile device, there are other advantages to going online as well. First of all, online slots come with better winning chances. Most machines have an RTP between 92–97 percent, with some of them going even higher. In contrast, their land-based brethren have RTPs of 85%–90%.
There’s a wealth of online casinos on the Internet. There’s no point even going into how and why opening an online casino is easier than a brick-and-mortar one — it’s obvious. With increasing competition, online casinos have to find a way how to stand out from the crowd and attract players. One way they do it is by offering promotions.
With this in mind, you should always make sure to check out several websites before deciding to sign up. You’ll find many free spins bonuses tied to slot games. As a result, you have the option to earn money with zero risk — you’ve got nothing to lose if you’re not playing with your money, right?
Once you decide to add to the balance and put in real money, casinos will give you deposit bonuses which come with better wagering requirements than those of free bonuses. Additionally, check out all the different promotions they have. For instance, choosing one payment method over the other can give you better match bonus percentages.
Which Online Slots Pay?
Well, in short, every single one. If you play with money, you play for money. With slots, it’s not about choosing the one that pays, but rather choosing the one that pays better.
For example, classic slots have three reels and fewer paylines. Going for a five-reel video slot offers you more paying combinations and more chances to win. Be aware, though, the more paylines you select, the more money you have to bet.
Remember what we’ve said about RTPs and volatility. Before you make your first deposit, make sure you play some free games, as this will allow you to become familiar with the selection of games and which pay out more.
Progressive jackpots offer great prizes to those who feel they’ll be lucky enough to hit it. But, don’t forget that casinos are not a charity — they’re businesses built to always win and earn money off of players. With this in mind, progressive jackpots offer high rewards, but they also come with worse odds.
On top of that, it’s common for casinos to run a networked system of progressive jackpots, where different players (and different machines) contribute to the same pot. This makes the prize jackpot often go over the $1-million mark, but it also gives you competition. If the odds of getting the jackpot are already slim, what are the odds of that one player out of hundreds being you?
In conclusion, all online slot machines pay real money. You just have to place a bet with real money in order to get some. Slots are a game of chance, and as such, you can’t influence nor predict the outcome of it.
However, there are several things you can stay on the lookout for to maximize your profits and give yourself a better fighting chance. Chase high RTPs and decide how many paylines you want to activate. Choose wisely which volatility you’ll play with, and whether you want to test yourself on a progressive jackpot or not. Yes, it’s a game of chance, but you can play it in a more intelligent way. Good luck!