There is a reason why slot games are so popular. The obvious aspect is the great visual appeal and tempo of these types of casino games that keep you engaged and pleased. But there are ‘’back of the house’’ factors that make them so successful throughout the world. In this article, we are going to talk about the two main factors that define your gaming experience, RTP and the Volatility of slots.
What is slots RTP?
We all know that slot games don’t require a big thinking process. Your main activity is to press the spinning button and watch the action on the reels. Basically, the computer algorithm will make a decision on how often and how much you are going to win. A random number generator or the RNG will generate your spinning outcome and you cannot do anything to manipulate the results. This way of calculating bets vs winnings, makes the casinos stay in business while the players are kept satisfied via the percentage of payback so-called RTP (Return to Player Percentage). For instance, if the RTP of the slot is 95%, it means that for every $100 bet on it, theoretically, the casino should pay $95 back to the players. This puts the $5 to be house edge, or a 5% of the total wager. This brings the obvious conclusion, that the higher the RTP of the game, the bigger odds for the player to win.
What is slots Volatility?
When it comes to slots, the term Volatility is used to let the players know what’s going to be their winning frequency during the game. In other words, Volatility defines the style of the game via its payback repetitiveness, so let’s explain this through the difference between Low, Medium, and High Volatility.
What is Low Volatility?
Low Volatility slot games provide small differences between the minimum and maximum wins. This means that Low Volatility produces lots of small and medium-size payouts, making it very suitable for beginners and players that like to learn how to play slots. Because of the low variance and constant wins, these slots have very low risk. Also making it very suitable for players who like to spend a long time playing without drying out their account before the next win. The downside of low volatility is that you must wait a long time to hit a big win, and even longer till you hit a jackpot. That’s why experienced players usually avoid low vitality slots, and only use them when they like to test a game or simply like to lay back and seek a little bit of adrenalin.
What is High Volatility?
High Volatility slots on the other hand have a big difference between the minimum and maximum wins. This raises significantly your chances to hit huge wins and puts you way closer to the jackpot of the house. High volatility slots are considered to be more suitable for experienced players because of the high possibility of drying out your account before hitting a big amount. Another important characteristic is that high volatility slots have high RTP as well. This means that if you are looking for a short run of playing, a high volatility game shouldn’t be your choice. But if you like to be consistent in your play, and looking for a long run, you’ll still pay your bets back, especially when you hit a great single spin or win a bonus game. These huge hits usually vary between 1000x to 10000x, which can pay back the big investments.
What is Medium Volatility?
Medium Volatility slot games are the satisfying compromise between the high-paying and the low-paying slots. The med-range volatility slots will provide you with many low-range and mid-range wins throughout the play, and still offer you a decent possibility for hitting the jackpots. Usually the 1000x size once.
This makes the logical assumption that mid-range slots are perfect for players that are looking to hit a jackpot, but still don’t like risking too much of their money to win big. But the acknowledgment of the real possibility to hit some of the huge prices, will definitely bring extra adrenalin and focus during the play.
How to choose the right one for you?
Your knowledge of RTP and Volatility is one side of the coin for success. The other one is your knowledge of the games you’re going to play. The key to success is to make a good assumption of your bankroll and the game you’re going to place your money in. But always keep in mind that no matter what you try, you are not going to be able to cheat the RNG software to become a millionaire overnight.
So the best approach is to do your homework and study the games you’re willing to play. Compare the money and time you’re going to spend with the specific characteristics of the game like features, theme, paytable, RTP and Volatility. The easiest way to get this knowledge is by reading the game’s reviews. Also, always keep in mind that you should try a free demo version of the game before placing your real bets. When you finally become familiar with the game, then it’s time to play with real money and start spinning the reels.
