If you are one of the millions of online gamblers that play real money slots, then you should certainly seek slots with high payouts. To do that, you first need to understand how slot machines work and how they pay out prizes. Every slot machine has a payout percentage, which is one of the most important things to check out before playing. In this big win casino slots guide, we will tell you important things to know about payout percentages, RTP percentage, house edge, and which slots to play to have a shot of winning big prizes.
Slot Payout Percentages – What Are They and How Do They Affect the Play?
Every slot game has a payout percentage, which refers to the amount of money that players win compared to the amount of money wagered, on average. An important thing to remember here is that this is the average percentage. The payout percentage does not guarantee how much money a player will win when sitting to play a session.
In every session you sit to play, there is a potential for you to hit a big jackpot or go through a long streak of losing wagers. That is what makes slots interesting because they give players a chance to blow away the payout percentage with one big win.
The main point behind the payout percentage is that the more you play the slot, the better the chances are that your final results will be close to the slot’s average payout percentage. The slot machines with higher payout percentages favour the player, which is why you should do research and focus on playing such slots.
Which Slots Payout the Most?
Besides reading comprehensive slot reviews, there are also a few other ways that can help you find out the best-paying slots. First of all, always check the payout table of the slot before playing. That way, you will have a clearer picture of the max cash payouts and caps on winnings.
Also, players need to check the type of slot they play, as there are many of them on the market. Video slots, Vegas slots, and progressive jackpot slots are some of them that have higher payouts and produce big wins in comparison to classic slots and video poker machines. Also, you should not expect to win big by playing penny slots, so avoid those too.
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Where to Check the Payout Percentage on Slots?
Finding the payout percentages on slots is very easy. All slots have game rules, which is where you can see the percentages for that particular game. Players can also visit the game developer’s site and find the slot’s payout percentage there. A thing to keep in mind is that online casinos usually offer much better payout percentages for their slot games in comparison to land-based casinos.
RTP and House Edge
RTP, or Return-To-Player, is another name for the payout percentage. As its name suggests, it is the average amount returned to players when playing slots. For example, if the slot machine you play has an RTP of 94%, and you wager $100 on it, on average, the slot should return $94 in the form of winnings. This is a statistical average and not a general rule that it will be exactly like that. Although the RTP does not guarantee positive results, playing slots with higher RTP is a wise thing to do.
When it comes to the house edge, this is similar to the above. It is the advantage that the casino has in specific casino slots and other games. All casino games have a house edge, even those games that provide players with a big casino win.
Slot variance is related to how often a slot pays out and the size of the winnings it pays out. There are three types of slots variance:
- Low variance – these slots pay out more frequently, but the amounts are smaller.
- Medium variance – these slots also pay frequently, primarily lower wins with an occasional big win.
- High variance – these slots do not pay out very often, but when they do, the winnings are huge. A good example of a high-variance slot game is the progressive jackpot slot Mega Moolah.
To check the game variance, it is advisable to play free slots before investing your own money and real money cash funds. Try demo versions or bonus funds to check the game’s mechanics and what they offer. Use some free spins, casino bonuses, and welcome deposit bonus offers to get the most out of the online casino big win slots.
Playing Big Win Slot Machines
Many quality online casinos offer big win slot games to attract new customers and retain their loyal players. More often than not, online casinos offer first deposit bonuses and free spins to use on selected games. These could potentially lead to big winners, and the more coins you invest, the higher the chance for a higher payout.
There are plenty of big win slots out there, so do research and start playing them. If you use a bonus for playing, keep in mind that unused bonus funds are usually removed after a specific period of time. All bonus funds expire at some point, and players cannot use them forever. So, how do you win at slots?
The Thrill of Playing Progressive Jackpot Slots
Most big win slots belong to the category of progressive jackpots. These slot games offer life-changing prizes, often expressed in millions of dollars. It is always a long shot of scoring big wins in such games, but the chance is there, and many have already won some amazing jackpot awards.
Progressive jackpot slots take a small piece of every player’s wager and add it to the common prize pool that keeps growing until some lucky player wins it. The odds of scoring a huge win are very slim, but they do exist, and someone has to win it. A good thing about big win slots is that they have exciting gameplay that separates these machines from other typical slots. New customers love them because bonus spins or a bonus bet may land them a jackpot they only dreamed of.
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