Online slot games are made to be fun and entertaining, but not as the main source of making money. If you have experience in playing online slot games, then you probably understand the house has an edge. This implies that even though you will beat the casino in the short run, the house will always win in the long run.
The RTP or Theoretical Return to Player is the expected payback percentage from all the real money bet in the game. Although many people consider slots to be purely based on luck, you may require some skills to be successful. The online casino market is packed with a vast selection of games with varying quality and payouts. This article will help you to understand the RTP, the highest paying slots with decent RTP and more.
What is Slot RTP?
Understanding the mechanism of RTP is essential to any slots player. Since slot games are created by different software developers, they tend to vary in different aspects including themes, bonus features, RTP and the gameplay. Normally, the higher the theoretical return to player, the higher the chances it is likely to pay back to the player in the long run. However, it should be understood that a high RTP (the number) does not imply that you will land massive payouts.
It is the variance or volatility that determines the payout size. Most high variance slot games are designed to work more or less like the lottery, where, only a few players will win. On the opposite, slots with low volatility offer smaller frequent wins. The reason most online casinos had to lower the RTP of most slot games was due to hiked taxes and strict regulations.
Example of RTP in a Slot Game
If, for instance, a slot machine is offering a theoretical return to player of 100%. This means that the casino will not benefit from it in the long run. A slot game with such an RTP will return all the money to the player. Most slot games come with a theoretical return to player of 94% to 97%. Of course, casino operators are in business, and they must have their way of making a profit from your bets. Although not mandatory, the RTP of each slot game should be indicated in the ‘help’ or ‘info’ section.
Understanding the Volatility
As aforementioned, the variance is what makes online slot games interesting. If you are lucky, you can even win a huge jackpot prize on your first spin. There are have been cases where online casinos have been closed because a player won more money than what they can afford.
Top Online Slots with the Highest RTP
There are dozens of online video slot games available on the market today. These games are created and released by different renown software developers in the industry like Microgaming, NetEnt, Playtech, Yggdrasil, Betsoft, etc. We have taken our time to research through thousands of titles to bring nothing but the highest paying slots offering a theoretical return to player of 97.00% and more to players. Here are the slot games to try out:
Mega Joker Slot
Mega Joker is classic style slot game from NetEnt.
It offers a substantial theoretical return to player of 99.00%.
Cosmic Quest II Mystery Planets Slot
Developed by Rival Games
Has a high RTP of 98.95%
Chess Mates Slot
Created by MultiSlot software providers
Comes with a generous RTP of 98.70%
1429 Uncharted Seas Slot
Developed by Thunderkick Games
Offers a high RTP of 98.6%
Jokerizer Slot
Powered by Yggdrasil Gaming software
Has a decent RTP of 98.00%
Good Girl, Bad Girl Slot
Developed by Betsoft software company
Has a theoretical return of 97.8-0%
Retro Reels Extreme Heat Slot
Created by Microgaming software providers
Has an RTP of 97.50%
Conclusion
If you are looking for a chance to hit massive wins in online video slots, then we advise you to select any from the list we have provided. All the games we have shared have been tested and certified by third-party companies like eCOGRA for safe and fair gaming. Additionally, they are built with a Random Number Generator (RNG)software, which ensures that all the results are random. The reason why you should play slots in online casinos is that they offer a high theoretical return to player and they are available in free play and real money versions.