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What is a Good RTP for Online Slots?

What's a good Return to Player percentage for slots?

Casinos
Posted by James Guill on 7 Minute Read
birds eye view of casino floor and slots

When it comes to slots, one of the most important considerations for players to keep in mind is the return to player (RTP) percentage for that game. If you are looking to play online slots, then it is worth your while to get to grips with this term as it will improve your chances of walking away with a decent amount of cash. In this article, we will be telling you all about RTP so that you know exactly which slots to keep a look out for and which to give a miss. Keep reading below to find out more.

What is Return to Player or RTP?

RTP is one aspect of slot game mathematics that tells you the amount that a particular slot will pay back to players over a period of millions of games. The RTP is reflected as a percentage of the total funds paid out to players versus the total funds wagered on the game. Therefore, a higher RTP means that the slot will, on average, pay out more than a low RTP slot.

This does not mean that you are guaranteed to win an amount equal to the RTP, but rather that over time, considering ALL the total wagers, the slot has been programmed to pay out that percentage. The remainder is referred to as the house edge and is what the casino takes for profit.

Online casinos tend to have much higher RTP than slots found at land-based casinos. Slots at land-based casinos will typically have an RTP of around 70%, whereas online slots have an RTP of between 94-97%. The reason why online slots have a much higher RTP is due to the fact that online casinos have much lower operating costs and can afford to have games with much higher RTPs. Online casinos can also offer more lucrative slot bonus offers while remaining profitable.

Land-based and online casinos are required to have their games verified and checked for fair play and safety standards for them to receive a license from gambling authorities. Without a license, the casinos would not be able to operate in the USA, which is why casinos are strict when it comes to the games that they offer to players. With that being said, it is safe to assume that the RTP that is advertised for an online slot, or at a land-based casino, is an accurate reflection of the slot pay-out algorithm.

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How do you Find the RTP on a Slot Machine?

slot machine in casino

Casino slot machine.

To find out what the RTP is for a particular slot, there is an easy-to-follow method. As each slot will have its RTP set by the software provider and/or casino, it is important to know how to find this important information.

Step 1 – Find a slot that you want to play. There are hundreds of slots to choose from, and depending on the casino operator, they can vary in terms of design, game mechanics, the RTP, and whether there are free spins being offered on the slot. Choose the slot that catches your eye and gives you the itch to play!

Step 2 – Read through slot reviews. The easiest way to find out more about a slot is to read through online slot reviews. These reviews will tell you about the theme of the slot, how many reels there are, the bet sizes as well as the RTP, if it has the standard 25 paylines or something else, and the volatility of the slot.

Step 3– After reading through slot reviews, you will have a clearer picture of what the slot has to offer. Now open the slot game and check for the information page. On most sites, the games will have the RTP posted there. If it is not there, request help from customer support and request the game’s RTP. They will be happy to help you get this information. This is the most important step as each casino can set their own RTP; the same slot in two casinos can have wildly different RTP.

Step 4– Now that you know what the RTP is, you can make an informed decision about whether to play the slot.

When choosing which slot you are going to be playing, you should always consider all aspects of the slot and not just the RTP. For example, a progressive jackpot slot will often have a much lower RTP than normal slots without a jackpot. The reason for this is that players who choose to play progressives do so in the hope of triggering the jackpot and winning big and are not too fussed about the lack of returns made from the base game. The trick is to know exactly what you want to get out of online slots real money and make your decision accordingly based on all the slot details.

What is Hit Frequency?

When looking at RTP, you should also consider the slots’ hit frequency. Whereas RTP is how much a slot will pay out over a period, the hit frequency is how often you can expect to win on a particular slot. For example, if you look at 100,000 consecutive outcomes of a slot, with there being 10,000 successful outcomes, the hit frequency is 10%. In other words, for every 100 spins, you will likely win 10 times.

The concept of hit frequency and slot volatility are closely linked. High limit slots with high volatility generally have a low hit frequency, whereas low-volatility slots have a high hit frequency. This is because high volatility slots have huge potential payouts, with wins being less frequent. Low volatility slots have frequent wins, but of those wins, you will seldomly have a huge payout.

Hit frequency, volatility, and RTP are the mathematical model behind the operation of a slot, which really tells you how a particular slot game works. Of course, there is more to a slot besides the math model behind it, such as gameplay and theme, which are just as important! Some slots are simply more fun to play, even if they don’t pay the most money. An interesting bonus game, bonus features, or wild symbols can make a game better to play than one with a high RTP, so don’t let this guide force you into playing games that aren’t fun. After all, gambling should only be entertainment, and you must always gamble responsibly.

However, if you want to go after high RTP slots, then we can recommend these games:

  • Blood Suckers: 98% RTP
  • Jackpot 6000: 98.86%
  • Mega Joker (NetEnt): 99%
  • 1429 Uncharted Seas: 98.5%

Warning! These slots with high RTP might be excluded from the bonus wagering requirement. If you are playing with a bonus, check out the terms and conditions before playing. The casinos are smart and know that a big welcome bonus played on high RTP slots would significantly increase the chance of the bonus converting into real money. The best you can do with a casino bonus is to find a high RTP slot that isn’t listed on their excluded games.

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James Guill

James Guill

James Guill is a former professional poker player who writes fro GambleOnline.co about poker, sports, casinos, gaming legislation and the online gambling industry in general. His past experience includes working with IveyPoker, PokerNews, PokerJunkie, Bwin, and the Ongame Network. From 2006-2009 he participated in multiple tournaments including the 37th and 38th World Series of Poker (WSOP). James lives in Virgina and he has a side business where he picks and sells vintage and antique items.

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