If you come to an online casino to make easy money, then gaining theoretical knowledge about the characteristics of slots is a must. This article will help you to understand and master the ability to identify the most profitable slot machines for playing for real money.
The value and methods of volatility play a key role in the life of gamblers. Formal metrics are based on millions of reel spins. Despite the work of the random number generator, the determination of variance and RTP will be useful to every player. So let’s check that before you check the list of the best NZ casino sites for experienced players.
Difference Between Variance and Volatility
There is no difference between the two concepts. These are synonyms that are used in the same description of characteristics. The term itself got into the gambling sphere from the theory of probability. In mathematics, variance is the deviation from the expected result.
In the work of video slots, the volatility indicator indicates the risks of losing. The higher the variance is, the more likely it is to take a big win. Unlike RTP, volatility determines the difference between the payout level and the manufacturer’s stated percentage of an individual game. The variance is divided into three subgroups:
Low-volatility video slots guarantee numerous winning streaks. Almost every spin will be victorious, but the amount won rarely exceeds the nominal bet. If the gambler is very passionate and loves to win quickly, then slot machines with low volatility will be a good choice.
When it comes to slots with medium variance, a chain of wins will form frequently. At the same time, the prize money payments will be significantly higher than in the first option. If a player does not have a large bankroll, then this type of volatility should be considered when choosing a slot machine.
Well, games with high variance are famous for their rare winning combination. The only hope of winning is the bonus game, in which free spins are activated. High-risk slot machines are chosen by gamblers who have a lot of time and an impressive bankroll. Since volatility is an important indicator for choosing a slot machine, it is worth using three selection methods when choosing.
- Study of the paytable, as well as statistics of winnings for identical slots;
- Personally experience video slots;
- Study reviews of professional analysts.
Focusing on your goals, using these methods, you will be able to choose the appropriate slot machines. Consider your financial capabilities when determining the variance, as well as the proposed wager from the casino.
What Is RTP?
RTP is an indicator that reflects the payback of the selected slot machine. The higher the RTP is, the greater the chance of gaining profit over the long haul. It is crucial to understand what a long-term perspective is. If a slot machine has an RTP metric of 95%, then a player can be guaranteed to win $95 with $100 wagered. To calculate the RTP, 50 thousand spins are taken as a basis. Therefore, to reach the real value of 95%, it is necessary to place bets from $5,000.
Playing slots involves randomness. You can win on the first spin or by 50,000. Therefore, the development of game schemes and strategies makes experienced gamblers laugh. The wager introduces a lot of confusion. RTP can be divided into two groups:
- For progressive slot machines;
- For slots with fixed jackpots.
The first type is responsible for the payback of the base game. The probability of winning on the bonus round is not taken into account here. The risk game is also not taken into account. As for the second type, it characterizes the payment of the jackpot for a bonus game or winning a cumulative award.
TOP 5 Classic Slots With High RTP
After analyzing the slot machine market, we have compiled a selection of profitable slot machines with a high RTP rate. We have prepared a short overview of the advantages of games from online casinos and have written them here.
- Triple Profits;
- Classic Fruit;
- Couch Potato;
- Golden Chance;
- Mega Joker.
The developer of the slot machine is the Playtech company. The video slot appeared on the market at the beginning of 2020. The RTP is set at 98.72%. There are only three lines on which you can get a prize that is 1,000 more than your bet.
This slot was released in 2020 by the 1×2gaming company. The payback rate is set at 97.37%. By choosing this slot machine and placing bets, a player will be able to win an amount 200 times the initial deposit.
The slot machine has an RTP of 97.43%. At the same time, it is characterized by an average volatility indicator. Thanks to these specs of the game, a player can win an amount that is 1500 more than the bet made.
A five-line slot from BF games, which began to delight players in 2017. The RTP indicator is 98.11%. By playing the Golden Chance slot machine, you can increase your bankroll by 5,000 times. But don’t forget that this is about the long term.
The most profitable slot machine with a massive jackpot. The manufacturer NetEnt developed it back in 2013. During this time, the slot has not lost its qualities and popularity. By playing on five reels, a casino visitor can win an amount that exceeds one’s deposit by 2,000 times.
When analyzing gambling reviews, it is necessary not only to study the indicators of RTP, volatility, and variance but also to take into account the specifics of the machine itself. Using this knowledge, you will be more likely to receive benefits when playing for real money.