Simply put, the payout percentage is the average amount of money that is returned to a player in the form of winnings, compared to the amount that the player bet. The key word to remember is "average". The payout percentage cannot guarantee how much you will win in one session or even in 100 sessions, but the more spins you make, the greater the chances are that your outcome will be nearer to the machine's payout percentage.

It is easy to see that a higher payout percentage favors the player. That's why it's really important that you investigate and focus on the slots with the highest payout percentages.

Casinos make profit by building an advantage right into the game rules. This is reflected in the payout ratio and applies to all online casino games, not just slots. But, as HyCasino said, this is just an average. In a single session, there is always a possibility of hitting a big jackpot or having a losing streak. This is one of the reasons why people love slot machines. They offer the opportunity to skyrocket the payout percentage with a single big win.

What is the best payout slot machines?

Besides reading slot machine reviews, there are other ways players can find slot machines with the best payouts. Always control the paytable of a slot machine before putting money in. This will tell you the maximum payout you can win with the symbols, as well as any caps a casino sets on the jackpot amount.

Players should always control what kind of slot game they are playing. This is not to say that Vegas slots will never offer payouts as high as a progressive jackpot slot. However, players who expect to win millions on a penny slot will be disappointed. Finally, players should always verify the payout % of a game. Look for a slot with an RTP of 90% or more; these games tend to pay out more frequently than slots with an RTP below this value. Discover also the article Is it safe to play online casino?

Ranking	Slot	RTP	Jackpot Value
1	Gladiator	91.50%	$€ 2,000,000 min
2	Cleopatra	95.02%	$€ 2,000,000
3	Mega Moolah	88.12%	$€ 1,000,000 min
4	Gold Fish	96.00%	$€ 1,050,000
5	Boook of 99	99.00%	$€ 500,000
6	Lucky Leprechaun	96.83%	$€ 500,000
7	Carnival Cash	95.96%	$€ 500,000
8	Buffalo	94.85%	$€ 405,000
9	Book of Dead	96.21%	$€ 250,000
10	Wheel of Fortune	94.22%	$€ 250,000

Play slot machines with record payout odds

If you are clever, you know that you need to find the slot machines with the best odds. It's fine to play for entertainment purposes, and that's usually a priority for slot players, but it's also more fun when you have the best odds and know you're getting the best value for your money.

In the next section, we'll explain how to find the best games and how to secure the best chances of winning a big jackpot. If you want to get in on the action right away, our comprehensive online slots reviews will give you a shortcut to the best games the Internet has to offer.

How to determine the payout percentage for slot machines.

Online and offline games work on the same principles when it comes to slot payouts. Remember that it is just as important to know the numbers whether you are playing online or in a brick-and-mortar casino.

Online Slots

If you are looking for online casinos that actually pay out, you should take a closer look at the payout percentages. You're probably wondering where you can find the statistics. With online casinos, it's usually pretty easy.

The payout percentage is sometimes given on the rules or information page for the game itself, or as a list on the online casino or game developer's website. If you can't find where the payout percentage is stated, try a quick Google search for the name of the game and either "payout percentage" or "return to player". If that doesn't work, you can also contact the casino directly using live chat or customer support.

Generally, online casinos offer better payout percentages than brick and mortar casinos. This is because they have lower overhead costs and an unlimited number of players can play the same game at the same time. It is common to see slot machines with payout percentages in the high 90s, which is much harder to find in real life.

Slots in land-based casinos

When it comes to payout ratios, it all comes down to how the slot machines are programmed. To make matters worse, casinos and game developers don't always publish the numbers for specific machines. However, there are ways players can find out which machines have more favorable payouts.

Fortunately, other people have already done most of the work for you. There are plenty of great forums and resources for bettors on the internet. It's best to start with a quick Google search to find the numbers for the game you want to play.

Geographic location can also tell you something about payouts. In the US, casinos must meet a minimum payout percentage set by the gambling authorities in each region. It varies by state, but is usually 80% or higher. It is also true that payouts vary even within the same game, depending on how much you bet. The more you bet, the more favorable the payout percentage usually is.

What is RTP (Return-to-Player)?

Return to Player (RTP) is the term casinos use to describe the percentage of total wagered money that a VLT or slot machine returns to players over time. For example, if you make a hundred $1 bets on a machine with an RTP of 90%, you can expect to get back about $90 in winnings. Of course, both the house edge and the RTP are generally calculated in the long term. Almost anything can happen in the short term (see Short Term Volatility Versus Long Term Predictability), so you should only ever bet with money you are willing to lose.

You may have noticed that RTP is actually just the flip side of house edge. If a machine has a house edge of 20%, the average RTP is 80%. This means that over time, the machine keeps about 20% of the money wagered and returns the other 80% to the players as winnings.

HIt frequency

The term hit frequency is used by casinos to describe how often a machine stops on a winning combination. For example, if a machine has a hit frequency of 8%, it means that the machine stops on a winning combination about 8% of the time. It is worth noting that many slot machines and VLTs allow players to bet on multiple lines on each spin. The result is that a player can get one or more winning combinations on a single spin, as well as numerous losing combinations. To the player, it may feel like they are winning more often, but as always, over time the losing combinations far outweigh the winning combinations.

With slot machines and VLTs, there can be big differences in the hit rate. Some slot machines have a hit rate as low as 3%, while other games, such as video poker, have a hit rate of nearly 45%. The hit rate on video poker may sound very tempting, but keep in mind that with almost half of these "hits", the player will only get back his original bet. A machine with a 3% hit rate may sound very unattractive, but it probably offers players the chance to win a very large jackpot. (Machines with large progressive jackpots usually have a lower hit rate, but offer larger jackpots.)

Games with a low hit rate are often perceived by players as "tight" because the wins can be so far apart, while games with a high hit rate are sometimes perceived as "loose" because there are so many small wins.

Remember that "hit frequency" indicates how often (on average) a winning combination comes up. The "return to player" indicates how much or what percentage of the money wagered a machine returns over time. Read our article on What are the Best Live Casino Online Canada in 2022?

What is the House Edge?

When bettors talk about the "house edge", they actually mean the same thing as the RTP and the payout percentage. The house advantage is the casino's statistical advantage built right into the rules of the game.

The house has an advantage on almost every bet in the casino, but the size of that advantage varies dramatically by game or even between different bets within the same game. The house advantage is represented as the average percentage of your bet that the casino keeps. For example, a game with a payout percentage of 95% has a house edge of 5%.

What is a loose slot machine?

When referring to slot machines as "loose" and "tight", we are referring to the payout percentage. A looser machine pays out more frequently and at a higher percentage, while a tighter machine has a lower RTP and pays out less frequently.

The looser the slot machine, the better it is for the player. That's why you often see casino posters that say "The Loosest Slots in Town".

Besides the RTP, there is another important metric you should pay attention to: the "hit rate". This number is also a percentage that indicates how likely it is that each spin will result in a win for the player. It does not say anything about how much the player will win, only how often the player will win money on a spin and not lose. On average, a game with a hit rate of 20% will result in a winning combination one out of five times.

How to find loose slot machines

If you are looking for the loosest slot machines, the best answer is the Internet. Online casinos can offer the highest RTP because they have much lower overhead costs than traditional casinos. When it comes to slots in a land-based casino, players have developed some theories about how to find the loosest games.

Some players believe that the loosest slot machines are always placed in the most visible areas of the casino, as the house wants new customers to see people winning and be inspired to join in. Machines near cash machines are also considered loose, as the casino wants players who cash out to see people win and be enticed back to the games. The same theory says to avoid slot machines near buffets and shows. The casino knows that people are just killing time here while they wait, and won't play for very long. Find out How to win jackpots on slot machines.