How Volatility & RTP Work In Online Slots
Slot games can be quite entertaining. The game mechanics are usually very easy to understand, and you can win as much as you lose. It can be exciting as you never know what the next result will be. However, you may increase your chances of winning if you understand how Volatility and RTP work in online slots.
It’s a good idea to learn how online slots work, as it can help you increase your chances of winning and can help you predict your results and maximize your earnings in the long run.
What is “RTP”?
Return to Player or RTP is a term that refers to the percentage the player wins on their stake whenever they place a bet. Typically, this percentage is between 94% and 99%, with the average being around 95-96%. However, keep in mind that this percentage won’t tell you how much you can win during any session.
Let’s say that an online slot has a 96% of RTP. That means that the remaining 4% will go to the online casino. Hence, the casino gets $4 whenever $100 is wagered. The slot game distributes the $96 among the players that have won their sessions.
It’s worth noting that calculating the RTP of a slot machine implies using a practically infinite spin number. Hence, as we’ve said above, this percentage will not express your potential earnings whenever you win during a session. Plus, the slot doesn’t give the earnings to a specific player, as all players get a specific portion of it.
What is “Volatility”?
Volatility, also known as “variance,” is a term that refers to the payout frequency of a particular slot game. Most games have a different volatility ratio, and it can be either low, medium or high. There isn’t a particular standard in the industry, so it’s something the game providers decide on their own.
There are significant differences between the volatility ratios. A low-volatility slot game may grant you more frequent wins, but you’ll only earn small amounts of money. On the other hand, a high-volatility game may require you to try for a while to win finally, but in the end, you’ll be able to earn a higher percentage.
Still, it’s possible for you to win considerably high earnings in low-volatility slot games. That depends on the game you’re playing and the operator. For example, “Take Santa’s Shop” has an RTP of 96.08% and low Volatility and allows a maximum win of $11,049.