Secrets Casinos Don’t Tell You About Slot RTP Rates

While casinos do have that nice dose of mystery to them, plenty of things are known about the way they work. Yet, many players go in blindly. Flashy lights of slots can be captivating, allowing you to play without knowing the depths of the game you’ve chosen.

It is important to learn a few things about slots before you start spinning those reels. While we’re not going to reveal some Egyptian Pyramids type of secret here, telling you a few things about RTP, and how return to player percentage affects many elements of slots games.

Get Familiar With RTP

Return to player is an important concept in slot machines. This percentage is a precise calculation that can tell you how much of wagered money will be returned to players over time. So, if you have a common slot with an RTP of 95%, over time $95 will be returned to the player on every $100 wagered. When you know this, you can use RTP to pick the slots you want to play. Based on return to player percentage, many other aspects of slots come into play. So, before you hit that spin button it is vital that you learn how to play slots, and have the following few ‘secrets’ on your mind.

Volatility Matters

Volatility as a word came into prominence with the creation of cryptocurrencies. Yet, it was always there in the world of slot machines, and it is not just a word. Each machine has its volatility, and it is one of the biggest indicators of risk with slots. Machines with a high volatility can give massive payouts but not too often. Low volatility machines give frequent payouts but rarely massive ones. Volatility does not make a slot machine either good or bad. It just gives you a risk calculation you can use on your next play session.

No Slot is Due For a Payout

Casinos are full of myths. One of the biggest ones is that a slot machine that hasn’t been paying out lately is due for a massive payout. Slot machines are computers at the end of the day, and that’s not the principle on which they work. When you know that RTP and volatility exist, you ought to know that there is no destiny for a slot payout. It’s all math.

Slot machine outcomes are all based on RNG (random number generator). Each outcome is random. The slot machine is not aware of previous outcomes. It does not care how many people played and how much money was already spent. All it knows is its RTP, volatility, and RNG. Yes, it could be in for a massive payout but not because it’s due but because of pure randomness of its outcomes. 

Chasing Jackpots Has a Price

Progressive slots are one of the more popular ones in casinos. It is because it is hard to resist that $1 million progressive jackpot. It is a fact that people manage to win these jackpots from time to time. Thinking you might be the one can devastate your bankroll. At the end of the day these slots require time, money, and patience to win a jackpot. If you do not have a combo of the three you could lose plenty of cash without winning anything.  Chasing a jackpot can be a noble cause but you might have better odds of winning less on one of the standard casinos.

There’s No Hot/Cold Machines

Even a few minutes in a casino is enough to hear a word or two about hot and cold slot machines. No such things exist. Hot streaks and cold streaks are a matter of one’s luck, which is a product of a unique mixture of RNG and RTP spiced with a bit of volatility. As we already said, slot machines are not programmed to track wins and losses. They are as random as only a machine can get.

Yet, the casino’s players are a superstitious bunch. Hot and cold slots are a part of casino folklore, and there are many people who can’t be convinced otherwise. You need to know better than that, and being aware that there are no hot or cold machines will do wonders for your slot selection the next time you hit a casino.

Be Wary of Max Bets

There will come a time when you will lay a slot machine on a max bet. We all did it at least once. Yet, it is a hard pill to swallow. With max bets you can unlock the potential of a slot machine and hit some big jackpots on the way. Yet, as far as your bankroll goes, max betting is the death of it.

Maxing out on a progressive slot when you feel that jackpot is within reach might be wise once in a while. In the long run, you are always better to wager less over longer periods. At the end of the day a max bet does not guarantee you a jackpot.

Old is Not Better Than New

Slots are easy to learn to play, so it attracts a lot of new players. Yet, it is also a game for seasoned professionals. Old heads have a saying that old beats new ten times out of ten. There is a widespread belief that old games are easier to learn how to play, have better payouts, and that there are even patterns you can use to your advantage.

Yeah, there’s no truth and logic to it. Both old and new games are built on the same principles. RTP, RNG, and volatility will always be there. Nostalgia is a strong poison but as far as casino logic and science go there’s no difference between new and old.

Know When to Quit

The biggest secret of them all, yet one that many players fail to learn is to learn when to quit. It is a tough lesson, but as far as casinos go, the most important and valuable one. The glitch with slots is that you can play forever. There is no endgame. So, learning how and when to stop is important for both your bankroll and overall enjoyment.