If you answered ‘True‘, you really need to keep reading! And even if you answered ‘False‘, chances are there’s more information in the following text than you already knew.
Choosing the ‘best‘ slot machine isn’t just about the number of reels or symbols on them. It’s not even about the range of features, like wilds, free spins, multipliers and bonuses. Finding an affable theme may raise the entertainment value, but it will do nothing for your win rate.
The most important thing in choosing a slot machine is to play the ones with the best payback percentage rate. No matter what features or graphics are involved, it’s the payout ratio that determines your odds of winning.
What is Payback Percentage Rate?
The payback percentage rate, or return to player (RTP), refers to how much a slot machine will pay out (on average, over time), for every $100 it takes in. It is essentially the opposite of the house edge.
In land-based casinos, the RTP on slots typically ranges anywhere from 85% to 92% (although it is possible to dip as low as 75%). For the purpose of education, we’ll assume a slot machine is paying out at a mean of 88.5%.
At this rate, the slot would pay back $88.50 for every $100 it takes in. That’s an average payout that takes place over time. No machine will pay down to the penny the moment it takes in $100 in wagers. That would destroy the unpredictable nature of the game, and eliminate the possibility of a jackpot.
How RNG Effects Payback Percentage Rate
The unpredictability of a slot machine is determined by a random number generator, or RNG. The RNG is a long strain of numbers that constantly change with every passing nanosecond (that’s every one-billionth of a second, by the way).
At the exact moment a player presses the Spin button, the RNG stops. The long strain of numbers it stops on will determine exactly what symbols will appear on each reel. It could be a losing spin, or it could release the games highest payout. The RNG ensures each spin’s outcome is entirely random and unpredictable.
At the same time, slots makers are able to incorporate a pre-programmed RTP that spans the game’s designated lifetime (usually 20-25 years). So, while each spin is random, it will still deliver its preset payback percentage rate over time.
For this reason, a brand new slot machine with a $1 million jackpot could pay its top prize two days after its release, and could even pay it again a week later. Or, it could hold onto that jackpot for a few years before ever striking. Not even the manufacturer knows when it’s coming.
Slots with Best Payback Percentage Rate
Okay, your plane just landed in Las Vegas. You are determined to play slots with the best payback percentage. What’s the first thing you do?
Get back on the plane and go home.
Las Vegas is home to some of the worst slot machines in the world. Nevada regulators only require casinos to set their RTP at 75%. That’s shamefully low! The lowest in the world, in fact. The average RTP requirement for land-based casinos is 87.5%.
Of course, due to the mass competition, Vegas casinos rarely set them so low, but just knowing that they can is disgraceful. This doesn’t necessarily mean you should be playing at land-based casinos elsewhere, though.
The fact is, online casinos always deliver slots with the best payback percentage rate. Why? Because they can. Their expenses are minimal, and don’t include enormous utility bills and payrolls. They set an RTP of 95% to 99% on their slots, and still make a tidy profit.
And since online casino games are illegal in Nevada, the only answer is to hop back on the plane, head back to Canada (or wherever you may call home) and login into Royal Vegas or any other highly distinguished website to play slots with the best payback percentage rate.
I say Royal Vegas for two reasons. First of all, it’s been around since 2000 with no significant issues reported by members. They aren’t going anywhere, and they always pay their players. You can’t get much more reputable then that.
Secondly, they employ the software of Microgaming, a company whose games are eCOGRA certified. All Microgaming casinos display their payback percentage rates directly on their website every month. Just visit the Royal Vegas, scroll down and click the ‘eCogra Safe and Fair‘ icon. You’ll see the exact RTP of the slots, table games and poker games for the most recently reviewed month, and can even choose to view prior months.