What Are Slot Machine Payouts

Betting-strategy, casino, casino-games, casinos, gaming-strategy, gaming-tips, payout, slot-machines, slots Every month, the Mississippi Gaming Commission publishes statistical reports that tell us, among other things, how much slot machines are paying back to players. Be it a classic slot, a video slot, or perhaps a progressive slot, the generated numbers are what actually determines the position of the reels. When you pull the lever or press the button, the machine actually displays the position of the latest numbers generated, as the random numbers correspond to positions on each of the machine’s reels. Are slot machine payouts really random? Are all slot machines rigged as to when they payout to the player? Please note that the article below is my opinion only, from what I have experienced from playing slots, both at land based casinos, and several different popular online casinos - all of which shall remain nameless. Well, it appears that the biggest slot machine wins also cannot go without Vegas casinos, so the fact that the largest slot machine payout in history happened in one doesn't surprise us at all. The biggest slot machine win of $39 million (and change) went to a 25-year-old software engineer from Los Angeles who, one day, decided to try his luck.

It’s impossible to predict if a slot machine will pay out at a specific moment; anyone claiming otherwise either doesn’t understand how slot machines work or they work as a casino promoter.

If it were possible to identify precisely when a slot machine is about to pay, then the casinos would lose money, and we are all aware of the fact that it usually doesn’t happen. Internet gaming establishments are well-oiled machines built to provide you with entertainment in exchange for money.

However, don’t close this article just yet. The fact that there is no foolproof way to win money on slot machines every time doesn’t mean that it is impossible.

As you probably already know, the odds included in slot machine games are based on the mathematical probability. So, if you learn how those odds work, you might be able to use these findings to your advantage and make some profit.

What we’re actually saying here is that with a good strategy in play and a decent understanding of how to recognize (or at least assume) when a particular slot is about to pay out, you can increase your chances of winning.

We’ve done our homework and poured over countless slot machine tips and tricks in order to learn how to recognize the moment when a slot machine is about to pay out. After a lot of digging, we were able to create a list that shows the most effective strategies you can implement to overcome the ‘randomness’ of slot machines.

Play Only Slots With the Biggest Payouts

This piece of advice seems rather obvious but bare with us for a moment. Everyone who has played in either a brick-and-mortar or an online casino is familiar with the phrase ‘house edge’. For those who have heard about this term but aren’t quite sure what it means, we’ll try to clear things up a bit.

The term ‘house edge’ refers to the mathematical advantage that the gaming establishment has over players. This advantage results in a guaranteed percentage that is returned to the online casino over time. In other words, casinos always beat the players in the long run since the odds are stacked in their favor. You must have heard about the phrase ‘the house always wins’? Well, the house in this phrase is a casino, and you can see for yourself why it always wins.

However, don’t fall into despair yet as all is not lost.

What Are Slot Machine Payouts Jackpot

Although the odds are stacked against players, it’s still possible to win. In fact, every slot machine has a theoretical return to player based on statistics which is called the RTP (Return to Player).

The average RTP for most slot games is somewhere between 90–96 percent. Therefore, every slot game that has the RTP over 96% is always a good option. A couple of percentage points difference may seem meaningless, but trust us — it makes a lot of difference over thousands of spins. For those reasons, it’s always a good idea to do a little digging before you start spinning the reels.

How to Find the RTP of a Slot Game?

Finding out the RTP of a particular slot game is quite easy. There are plenty of websites which review online casinos and write about their game selection, as well as their respective RTP’s.

Simply put, you stand a better chance with the higher RTP slot games. This particularly is the case when you’re playing through bonus spins.

Entertainment vs Big Wins?

This factor is almost as important as the RTP when it comes to choosing an online slot game. Volatility, sometimes called variance, in slot games measures how often and how much you can expect to win during your playing sessions.

Higher volatility slots usually feature long dry strakes with occasional big wins. Since the payouts are substantially higher with high volatility slots, you might sometimes end up clicking the Spin button relentlessly, only to watch your bankroll dwindle. However, when everything lines up perfectly… boom! You’ve hit the jackpot that made the long dry spell worth it! One of the best high volatility slot games is the Book of Ra, created by Novomatic.

On the opposite side of the coin are the low volatility games where payouts are much more frequent but more much smaller. We are not saying that large wins are impossible with these games — far from it. It’s just when they do happen, they are not on the same scale as the ones available with the high volatility games.

It’s really up to the player and his preferences — if you prefer playing games where little wins pop up every couple of spins, then go for the low volatility games. On the other hand, if you are hoping for making the big bucks and are willing to take necessary risks, then we recommend high volatility games.

Online casino platforms aren’t quite eager to hand out the information about the game’s volatility, but it becomes obvious after playing it for a certain time. There isn’t such a thing as a ‘good’ or ‘bad’ volatility — it’s just a question of gambling style and personal preference.

Use the Bonuses in Your Favor

One way to put up a fight against the house edge is by taking advantage of the bonuses. As most of you probably already know, the majority of casino sites offer free spins/free money/ bonuses as incentives to lure new customers. Those bonuses can prove beneficial and turn the odds in your favor.

Of course, don’t expect that the bonuses will last forever. But while they last, you can definitely make the most out of them and clean up some easy cash. On that note, there is no reason why you shouldn’t search around and take advantage of different promotions.

Slot Machines FAQ

Below we’ve answered some of the most frequent slot-related questions. We know that slot machines pose a mystery, and we’ll help you unravel it.

Is gambling on a slot machine really random?

Yes, it is. All slot machines in all online casinos operate by using the RNG, a computer-run program that randomly chooses numbers. A reliable RNG generates numbers that are not related to each other in any way, thus ensuring that your games are fair and random. All types of bonus rounds are predetermined by algorithms, regardless of which slot game you play.

Are slot machines really streaky?

Yes, slot machines are streaky, and they tend to get cold and/or hot. But it’s all the same for you as you have no way of predicting when a slot machine will become hot or cold. These patterns that happen from time to time look like streaks of bad luck or good luck, but they are not based on anything — that’s just the nature of random events.

How can I find a slot machine that suits my gambling style?

It depends on your preferences — if you’re up for cheap entertainment, you should find games that allow a cheap max bet.

If you’re looking to win a massive jackpot, you should concentrate on progressive games and games that feature lots of bonus rounds. These games have high volatility, which means that payouts don’t happen very often, but when they do, they are substantially bigger.

If you just want to have a good time and money isn’t an issue, look for the latest developments. These games feature plots and characters from popular TV shows, movies, sports, and so on, and offer bonus rounds and other fun extras.

Is there a strategy I could implement to increase my chances of hitting the jackpot?

Unfortunately, there isn’t. All possible outcomes are controlled by a Random Number Generator and there is no betting amount or a specific strategy that will make it more or less likely for you to hit the jackpot. However, have in mind that in most online casinos (and land-based for that matter) you have to bet max in order to qualify for the slot jackpot payouts.

What’s a good strategy for playing slot machines?

Before you start spinning the reels, find out the payout percentage of the selected slot machine — don’t play anything that has the RTP below 95 percent. If you are a high roller, go for the high volatile games and chase the main jackpot. Make the most out of the available casino bonuses — they can increase your winning chances by providing extra spins. Avoid the latest licensed slots if possible because, according to various sources, they are more likely to feature fewer payouts.

The fact that matters is that you can’t use some special skill to outsmart a slot machine and change the payout percentage of it. But you can try certain strategies that can maximize your chances of winning.

If you open the site of any real money online casino, you are likely to see hundreds of slots. That’s the most popular category of casino games, so all operators are doing their best to add more and more titles that vary in terms of gameplay, themes, and many other factors.

Picking a slot game that’s fun to play and looks good is important, of course, but many players ignore another crucial aspect. Each game comes with a different Return to Player, or RTP percentage. That number determines what percentage of the wagers is returned as prizes. The higher it is, the most generous a slot machine is.

If you want to improve your chances to win, as well as increase the value of all bonuses and promotions you are clearing, you should stick to the high RTP slots at online casinos. They can be a bit hard to find, so I decided to give you a hand.

I have assembled a list of some of the highest payout slot machines in 2020. These high paying online slots have the lowest house edge possible and reward players handsomely. Let’s take a look.

Good Girl, Bad Girl – Highest Payout Slot for US Players

• Theme: Angels and devils
• Sub-Category: Video slots, Progressive slots
• Developer: Betsoft
• Casino: Wild Casino
• RTP: 97.79%

Let’s begin the list of highest payout online slots with Good Girl, Bad Girl. The game was produced by Betsoft and comes with the exceptional RTP of almost 98%. In comparison, most slots out there only return about 92-93% of the wagers, and 95% is considered decent.

The high RTP is not the only advantage of Good Girl, Bad Girl. The game features various mechanics like wilds, scatters, free spins, and even a progressive jackpot.

If you add the nice graphics and animations, it’s easy to see why I decided to include this title. The best news is that Good Girl, Bad Girl is available at Wild Casino, which makes it one of the highest paying slots for US players in 2020.

You can join the casino and see for yourself right now.

Cleopatra’s Gold – One of the Highest Paying Mobile Slots

• Theme: Ancient Egypt
• Sub-Category: Video slots, Progressive slots
• Developer: Realtime Gaming
• Casino: Bovada Casino
• RTP: 95-97.5%

Another excellent option for people looking for the highest paying slot machines in 2020 is Cleopatra’s Gold. The game was developed by Realtime Gaming and has a classic Ancient Egypt theme revolving around the famous Cleopatra.

The return to player can reach 97.5%, which beats almost any other real money slot in terms of generosity. Cleopatra’s Gold is fun to play, too, as it includes wilds, scatters, free spins, and a progressive jackpot.

While the graphics are not the prettiest compared to some other top mobile slots, this is one of the slots with the best payouts available on the go, so I can live with that.

If you can too, you should try Cleopatra’s Gold at Bovada Casino, which is open to players from various countries, including the USA.

Dr Watts Up Slot – Entertaining With High RTP

• Theme: Nutty doctor
• Sub-Category: Video slots
• Developer: Microgaming
• Casino: Betway Casino
• RTP: 97.05%

If you want to combine fun with high payouts, you should most certainly try Dr Watts Up. This Microgaming game returns 97.05% of all bets to the players in the form of rewards and provides endless entertainment through the bonus games and special symbols included.

There are also multipliers and free spins, a large jackpot that could go up to 48,000 coins, and a lot more to experience. Dr Watts Up comes with flexible limits, so it’s a good choice for all kinds of players.

You can find the game in plenty of online casinos, but I recommend you pick Betway Casino. It’s one of the best out there in terms of games, bonuses, and player safety.

Pay Dirt – High Payout Slot With Low Stakes

• Theme: The Gold Rush
• Sub-Category: Video slots, Progressive slots
• Developer: Realtime Gaming
• Casino: El Royale Casino
• RTP: 95-97.5%

How Are Slot Machine Payouts Determined

Some people think that the highest payout slots online require large bets. That’s not really the case, as many games with at least solid RTP work with small stakes, and Pay Dirt is the best example among them.

This Realtime Gaming product is available to everyone because the lowest coin value is $0.01, and there are only 25 paylines. That means you can cover them all with a stake of $0.25 or even go for one only for $0.01, which is pretty much as low as it gets for video slots in 2020.

Are Slot Machine Payouts Random

A bankroll of 10 or 20 bucks will be more than enough to enjoy Pay Dirt. The slot has a progressive jackpot, free spins feature, wilds, and scatters, so it provides plenty of exciting moments, too.

You can see for yourself by joining El Royale Casino, one of the best online that offer Pay Dirt in 2020.

Inferno Star – One of the Highest Paying Classic Slots

• Theme: Fruit
• Sub-Category: Classic slots
• Developer: Play’n GO
• Casino: Playamo Casino
• RTP: 96%

If you are looking for a classic slot that pays well and uses a simple gameplay system, Inferno Star is one of your best options. The game has only five reels and paylines and no side games, allowing you to focus solely on the reels.

The old-school sensation is completed by the fruit symbols, and there are some nice additions like re-spins, wilds, and scatters for additional fun.

If that sounds like a good slot for you, Playamo Casino is the best play to try it out in 2020.

At the Copa – High Payout Progressive Slot

• Theme: Night Clubs
• Sub-Category: Video slots, Progressive slots
• Developer: Betsoft
• Casino: BetOnline Casino
• RTP: 97.5%

Most progressive slots out there don’t come with a good return, but there are exceptions. One of the best of them is At the Copa. Betsoft’s game has an astonishing 97.5% RTP, which makes it the perfect choice for those who want to go after life-changing jackpots without losing too much in the process.

The design and symbols are also really enjoyable, and the betting limits are flexible. You can start low and go all the way up to $150 per spin. If you add the bonus game, the wilds, and the free spins feature, it’s easy to see why At the Copa is one of my picks for the highest payout slots online.

One of the best places to enjoy the game is BetOnline Casino because of their awesome promotions and a good variety of quality games.

Find the Best Paying Slots Online

If you reached this post, I’m sure that you are one of the players looking for the highest paying slot machines online. My recommended game options are solid, and the casinos I’ve suggested all have plenty of games with a high RTP.

If you want to explore some other options, you can find some of them on our page dedicated to the best payout gambling sites. There are plenty of casinos there, but also other gambling platforms that are worth your attention.