Do Different Video Slot Games Have Different Odds

Players in the UK enjoy various online slot titles from reputable online casinos. Most popular online slots include Starburst, Goblin’s cave, Private Eye and Sunrise Reels. Experienced gamblers always question which online place has the best odds of winning.

They have gone the extra mile to dig deep into the internet and find appropriate answers. Even though most people are looking for low risk slots, not every online slot does not offer the same payouts as they are different in their own right. Our expert Ella Houghton reveals the answers to the big question on; do other video slot games have different odds?

Return to Player (RTP)

Experienced players in the UK will always check the slot machine’s odds of winning before they begin playing for real money. The essential information about online slots is its Return to Player, also known as RTP. The RTP is meant to help gamblers gauge how much they expect to lose when playing a specific slot title. To understand what RTP means, we can try to think of the reverse House Edge.

For instance, Starburst from NetEnt has an RTP of 96.1%. When we apply our analogy, it means that the title has a house edge of 3.9%. Players playing Starburst will get 96.1% of what they wager. However, we are wrong if we think that for every $100 wagered on Starburst, a player will win back $96.10. If such assurance existed, there would be no point in gambling.

RTP is calculated over the long-term, not per wager

RTP is calculated over a long term, not per wager. A player can walk away with an $80 win on a $10 bet or an empty bankroll. The higher the Return to Player percentage, the higher the game pays back in prizes over time. Moreover, the figure is an average, and the RTP shifts above and below the listed figure throughout a game session.

Sometimes the figure is more significant than 100%, and players win, but sometimes it is lower than 100% where players lose. Online slot games are entirely random, and they use a Random Number Generator that cannot be forged. However, the Return to Player offers a helpful indication.

At this point, many will be asking what high RTP slots are? High RTP is anything at or above 98%, whereas mid-range or average RTP stands at 95%-97.99%. In addition, RTP values below 94.99% are said to be below.

Top Prize

Players always check what they can win from a slot game by looking at the top prize in the paytable. In most online slots, the top prize is displayed as a multiple of the player’s stake. For instance, a 10,000x top prize means that for every $1 wagered on a spin, the most you can win on a single spin is $10,000. Low variance games will always have a seller’s top prize. The high variance games have much bigger prizes. Utilizing the best casino bonuses can also well help you win the top prize.

Variance

Variance is critical, and some gamblers call it volatility. Variance works closely with RTP and tells players how far they are from the advertised return game will vary over time. The RTP does not vary much during a game session in a low variance game. In most cases, players experience slightly higher or lower payouts than the advertised figure. A slight difference exists, creating a stable and even win distribution with regular typical small payouts.

In high variance slot games, the payouts drop much lower than the listed RTP for long game sessions before staggering upwards to figures much higher for short periods. The process is known as volatile gameplay. While playing high variance slots games, players experience long periods where they spin reels with little payback, which is very frustrating. Afterward, gamblers have their hands on theslot game top prize that comes in significant numbers. A short win sequence may bring considerable returns in high variance slot titles.

The win distribution is very uneven in high volatile slots games. The games have an increased risk, and the odds of winning are much lower. On the other hand, the potential rewards are higher. Slots are deemed as games of chance, and winning depends on luck. Every gambler should draft a gambling budget to avoid getting bankrupt or developing an addiction.

There are many online slots titles, and each has different odds due to variance and RTP.