How to Predict your Potential Profit When Playing Online Slots

Everyone wants to win generous sums of money on slot machines. The only problem, though, is that these are some of the most random games out there. In fact, the standard slot uses random generating software that’s almost impossible to rig. So, if you want to increase your winning odds, you have to spin your reels right.

Before you pick a game and bet, however, learn how to wager smartly. Precisely, discover what makes a slot hit so that you only find games that increase your odds of winning.

Pick a High Paying Slot

At its core, a slot machine is like a roulette wheel. In the European version of the game, the odds of a ball landing on numbers 1-36 are 36-1.  Yet, when you win, the house pays out at a rate of 35-1.

Slots have a lot more combinations. Today’s Megaways slots, for example, have up to 117,649 ways to win. That means the possibilities of winning are limitless. However, that also means the risk of losing money is high.

To increase your odds of winning, it’s best to stake your money on a game with high payout rates. Otherwise known as Return to Player Rate, the RTP of a game is the percentage of wagered money a slot pays back to gamblers.

Modern video slots have some of the best RTPs. The Mega Joker, slot, for example, pays back 99% of wagered money. 1429 Uncharted Seas has a 98.5% RTP while Joker Strike has an equally impressive 98.11% RTP. These games also have incredibly high RTP rates:

  • Bloodsuckers—98%
  • Jokerizer—98%
  • Good Girl, Bad Girl—97.8%
  • Kings of Chicago—97.8%

Decide on the Volatility of a Slot

Although slots have thousands of payout possibilities, they don’t payout at the exact speeds. In the casino space, this difference in payment speed is called variance and tends to relate to how much money a game pays out.

Similar to traditional investments, a high-risk adventure tends to offer the best possible returns. By comparison, a low-risk game pays out small amounts of money. With that in mind, there are three types of slots;

  • Low Variance Slots: these games payout frequently but in small amounts. As a result, experts advise that the best way to profit from such slots is to maximize your bets. Examples of popular low volatility games are Thunderstruck II, 1429 Uncharted Seas, Starburst, Blood Suckers and Incinerator.
  • Medium Variance Slots: they have a medium risk level. That means they don’t pay payouts so frequently yet aren’t too tight-fisted. Some of the best online slots are medium variance games. They include famous games like Gonzo’S Quest, Jumanji, Immortal Romance and Cleopatra.
  • High Variance Slots: these games pay huge amounts but much less regularly than medium and low variance slots. They include games like Immortal Romance, Dead or Alive, Book of Dead and most Megaways slots.

The lines that divide low, medium and high volatility slots can be thins sometimes. And as a result, it’s common to find a game some consider low variance—like Starburst—being called mediumly volatile by others.

With that in mind, volatility helps you manage your expectations. If you are okay with risking on a Megaways slot, for example, you’ll know at the back of your mind that the possibilities of losing are high.

Maximize your Bets

Like sports betting, you want to place a high bet if you want to win big. Sure, there are stories of people who won mega-millions wagering cents on progressive jackpots. But in many cases, the biggest winners tend to be people who maximized their bets.

For clarity, maximizing your bet doesn’t mean wagering all you have. Instead, it means betting on the maximum you can afford to lose. It also means wagering on all pay lines or as many pay lines as you can.

By maximizing your bet through pay lines and bet size, not only do you stand to win more frequently but also to win more money. Of course, upsizing your ante comes with the risk of losing more cash. You can’t escape losses in the business of slot machines.

Number of Spins per Hour

Ever been to a land-based casino? If you have, you probably observed this. Most people don’t stay on the same slot machine for long unless they win. In many cases, a player will spin reels on a machine for like ten minutes. If they don’t win, they move over to a different game.

That’s the reality of slots. They don’t always payout no matter how many times you spin. So, instead of spending hours on the same game, count your losses and try a different machine.

Ideally, you want to play slots strategically. Let’s say you decide to play a slot for ten minutes or 100 spins. If you don’t win anything significant, move over to the next game. That method can help you quit chasing losses. More importantly, it could let you discover a better paying game.

Listen to Other Players

Slot machine players are never shy to call out slots that don’t pay out. And that’s a good thing for everyone. You could find a game with a high RTP, meets your volatility expectations and has excellent reviews from 2016.

But we are in 2020 and people are saying the slot machine doesn’t payout anymore. Guess who you should listen to? People who’ve played it and never had luck with it.  With that in mind, always read a game’s reviews before you play it.

Read for reviews from a website you trust and consult the editor if you have to. Additionally, join a forum where people talk about casino games. You’ll discover the best games fast and avoid losing your money through experience.

While at it, also learn about games that offer players free spins and bonuses. That’s because you want to take advantage of these freebies if you are to maximize your wins. After all, free spins are free tickets to gambling without risking your money.

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