Playing Slots for a Living: Payback Percentage and the House Edge
Understanding the concepts of payback percentage and house edge can help you improve your online slot strategy. The payback percentage, also known as Return to Player (RTP), represents the expected return over a large number of spins. For example, if a slot has an RTP of 96%, on average, it will return €96 for every €100 wagered.
To increase your chances of winning, consider playing slots with a higher RTP. These games are more likely to return a greater portion of your bets over time.
On the other hand, the house edge is the percentage of each bet that the casino expects to keep in the long run. In the case of a slot game with an RTP of 96%, the house edge would be 4%. The lower the house edge, the better it is for you as a player.
It's important to remember, however, that these figures are averages calculated over thousands of spins. They do not guarantee a win on each spin, but they can guide you in choosing which games to play.
Where to Find Payback Percentage of Slots
Finding the payback percentage of online casino slots is a relatively straightforward process. The RTP is typically mentioned in the game's rules or information section, accessible within the game interface. Just look for the 'i' or '?' symbol to open this section.
Some online casinos also list the RTPs of their games in a separate section on their website, providing an easy comparison between different slots. If you can't find the RTP directly on the casino's site, a quick online search with the name of the slot and "RTP" should lead you to this information.