The internet has revolutionized gambling and the forecasted tech trends for 2020 will continue to boost online casinos and sportsbooks across the web. One of the most popular casino games are slot machines, and this holds true for both land – based casinos as well as online casinos. Slots are easy to play and usually have a decent return to player percentage which makes playing them not only fun but also rewarding. If you are new to slots, we will explain the odds of winning here.
Where to Play Slots?
Whether you are new to slots or are an experienced slot veteran, you are spoiled for choice when it comes to high quality slot games. Software companies are constantly producing new slot games with excellent themes and lucrative features. A good starting point is to search for casino review prior to playing, such as Kabono, just ensure you’re playing on a legitimate, established and trusted provider who will also offer a list of some of the best new slot sites to play on. If you want to see an example of these, with a breakdown of the licences, support types offered to players, contact info then read more reviews to make sure you’re happy with the provider prior to playing,
When choosing an online casino or a new slot site, always ensure that the online casino is licensed and regulated. One of the most highly reputed regulating bodies in the online casino world is the UK Gambling Commission.
Slot Machines – What are the Chances of Winning
Payback Percentage – One of the main things you need to consider when looking at odds at slot machines is the slot’s payback percentage. The rule of thumb is simple, the higher the payback percentage, the better the odds of winning.
The payback percentage basically refers to how much a slot game pays back over time. Therefore, if the payback percentage of a slot is 90%, it means that over the lifetime of the slot, it will payback 90% of the money put into it and profit 10%.
Random Number Odds – in order to ensure that an online slot machine is not rigged, they use random number generator algorithms to ensure that the outcome of every spin is truly random and determined by an algorithm (RNG) which outputs a random number every time it is executed. Previously, it was not complicated to calculate your chances of winning – all you had to do was consider the number of reels and symbols per machine. So, for instance, a 3 – reel slot with 10 symbols per reel will mean you have a 999 to 1 chance of winning. However, with the introduction of random number generators, it is not easy to calculate your odds this way.
Hit Frequency Odds – this basically means how often a winning combination is achieved on a particular slot machine. For this, the game will need to be played hundreds of times so that you can get a sense of how often you get a winning combination. However, the next hundred spins may give you a totally different result.
In conclusion, it is unpredictable whether you are going to win or lose when you play a slot machine. You just have to play and find out. Random Number Generators make it more complicated and hit frequency is just not an accurate indicator of odds. The best bet you have is to go with a slot with the highest payback percentage.