What Is The Payout Percentage Of Slot Machines?
You play a slot machine with the goal of winning cash. Before you play, you should consider what's the payout percentage on slot machines in the casino you've chosen. While a grand progressive jackpot slot may seem like the best option, the payout percentage is usually much lower than you'd expect.
A Quick Breakdown of Payout PercentagesThe payout percentage is the amount paid back to you. In land-based casinos, that payout percentage may be based on the life of the machine. It could be years that go into the calculation. In an online casino, it may be based on months or years of play. You may hear the payout percentage referred to as the return-to-player percentage. This is always a calculation of the amount of money the machine takes in bets and how much is returned to players as prizes.
How Do You Calculate It?It's actually challenging to find the payout percentage. Casinos don't often advertise the machines with the highest payout percentages. If they released that information, players would never try other games. You may find the statistics on the game developer's pages. Betsoft puts the RTP in the information on some of their games. You can use that as a guide. You can ask the casino help desk if they know. They may not or may not want to tell you, but a quick email won't hurt. You may get a range of percentages or an exact percentage back as an answer. You can also look at the winner's circle list. If the online casino you've chosen releases a list of recent wins, look for games that have multiple winners. They're going to be your best bet when it comes to slots with the highest RTPs.
You Should Also Consider the Hit FrequencyHit frequency won't tell you how much cash is returned from the total bets a slot machine takes in. But, it can help you find games that pay out more often than others. To get a hit frequency percentage, play a slot for 10 or 20 spins. Track how often your spin leads to a prize. Take that number and divide it by the total number of spins you invested. That's your hit frequency. For example, if you play Cleopatra's Pyramid Slots and 2 of your 20 spins lead to a prize, you have a hit frequency of 10 percent. You then spin the reels of Loco 7s for 20 spins, 6 of those spins lead to a prize. That gives you a hit frequency of 30 percent. If you are playing to win cash, Loco 7s slots is likely the better choice.
The Best Way to Assure WinsWhile slots are an appealing casino game, they're not always the best way to win money. This doesn't mean you shouldn't play them. Mix them up. Try different slots and stick to a budget. Don't fall prey to the temptation to keep betting if you've used up your daily allotment. In between slot games, play a game with better odds like Blackjack, Craps, or Roulette. When you play wisely, you'll win more often. Play today and be sure to mix up the casino games you play for real money.
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