How do I find out what the rate of return is for a slot machine?
It is easy to find out what the rate of return is for a slot machine, video slots, progressive slots and classic slots are required to clearly display the return to the player or RTP percentage. Slot machines offer various prizes according to their category. Some slots in casinos display the RTP percentage on screen, while others provide this information on one of the pages part of their payouts, in most cases, the RTP percentage can be found on the last page of the information pages or payout pages.
What is Return to Player or RTP?
Return to player or RTP in slots is an estimate of bets played over an extended time-period, which could be a month or even a year) that the game would return to players in the form of winnings. The RTP percentage is not a guarantee of what an individual player will receive all or a part of their wagered funds back. Once the spin button is selected the player has paid for the right to a single spin or called a game and your payment is satisfied when the reels stop spinning, it is a financial transaction equivalent to purchasing a theatre ticket and once the spinning performance comes to an end the show stops until the next spin.
Can I Expect to win the Return to Player Rate on every stake?
You cannot expect to win the return to player rate on every stake since the return to player percentage is measured over 10,000 or 100,000 spins. The RTP percentage is realised over an average of a significant number of game plays and not each time the slot is played.
What is the statutory minimum rate of return on a slot machine?
There are not any statutory minimum percentage that must be payout on slot machines online. However, with that said, most online slots pay out an average of 95%, and many pay in the 9&% range.
What is the highest payout percentages offered by online slots?
The highest payout percentages offered by online slots can reach up to 99% and depends on the software developer, NetEnt and Playtech amongst many others are renowned for creating online slots with payout percentages of up to 99%. Slots offering an RTP of 99% or higher includes Playtech’s Goblin’s Cage, Ocean Princess and Ugga Bugga.
Do Online Progressive Jackpot Slots offer High RTP Percentages?
Yes, online progressive jackpot slots offer high RTP percentages, as a matter of fact, most of the major jackpot slots such as Mega Fortune created by NetEnt impresses with a remarkable 96.6% return to the player. Mega Fortune is all about fame, fortune and endless chances of winning life-changing multi-millions and it offers one of the largest pooled jackpots in the online casino industry. Other jackpot slots featuring a high RTP percentage includes Hall of Gods with an astonishing 95.5% RTP, Gold Rally with a 97.01% RTP, and Empire Fortune with a 95.5% RTP to list only a few.
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Doug Holmes Author
Doug is a passionate Slot fan and an expert in the gaming industry and has written extensively about online slot games and various other related information pertaining to online slots. In his spare time, he enjoys time with friends and family, reading, travelling, and of course, playing the slots.
