Which Slot Machines Pay the Best Online?
In 2016, online gambling wins were steadily on the rise with statistics quoting player earnings at over 42 billion dollars. If you’re gambling, wouldn’t you want to know which slot machines pay the best and how to spot one in the future?
We’ve got you covered! In this article, we’ll go over some of the most pertinent information about online gambling and how to find the best online slots.
Online casinos have skyrocketed in popularity since 2016, increasing potential earnings even more with the advent of new games and slots. But why do so many people choose online gambling over a traditional casino?
We’ll explore that in the article below as well as how you can find the most profitable online slots around!
Loose Slots: Which Slot Machines Pay the Best?
You may have heard that a “loose slot” is your best bet to a pocketful of cash when visiting the casino. What’s a loose slot and how does that equal more money for players?
In the casino (though with time this has been less and less the case), some machines have mechanical defects inside. These defects are likely to cause more winnings as the machines tend to slip up on their typical rate of payout.
This is great news for anyone with the knowledge to leverage it, but defective machines in physical casinos aren’t usually common knowledge.
You might be wondering how all this applies to online gambling, especially since these slots don’t have actual defective machines?
Not all slot machines have the same winning rates as others, and some may actually have a much higher rate than others. The perk to online gambling is you can usually verify the rate that players win on each game.
This percentage rate is referred to as RTP (Return-to-Player), and it determines the amount of money given back to players based on a 100% model.
The RTP and Why it’s So Important
The RTP is an estimate of how much money each player will earn back from their bets. If you’re betting a dollar each round at a machine with an RTP of 50%, then you’re likely to lose half your money while playing.
Of course, gambling is all about the infrequent winner, so losing half your money over and over for the chance to win in the end might be all the fun. Understanding this number, though, can dramatically improve your chances of winning.
In a physical casino, a slot machine’s only competition is another slot machine at a different casino. Whichever is likely to provide the most wins is the one that will probably see the most activity, ultimately pitting casino RTP against casino RTP.
It’s common for physical casinos to offer a return of around 80% on their machines, and there’s little need to drive up the returns.
Why? Because the only competition is likely miles away (unless we’re talking Vegas or Atlantic City), and they’re probably not handing out money like that to every player. An RTP under 80% would certainly mean a steady decline in profits.
How Online Gambling Differs
Online gambling is a completely different ballgame: instead of relying on physical proximity to drive prices, online casinos are exposed to a global market.
Unlike typical return percentages, online games can have an average of 90% RTP and up. It’s not uncommon to find certain gambling games online that offer close to 97 or 98% return to players, and these should be the ones you invest in.
Many online games publish their numbers where they’re easy to find, as this tends to draw in more players. Alternatively, a quick internet search of a specific game will likely bring up its player information, including the potential for returns.
To help increase your returns and determine which online slot machines are worth your time, we’ve provided some critical pointers to follow:
Look For an RTP of 96% or More
Ideally, you’d find the best online slots with a rate of 97% or higher, ones considered “loose” by online gambling standards. Odds are you’ll find online slots in the range of 95%-96%, which can still provide plenty of return.
Don’t Linger on Any One Game
There’s a habit that many gamblers fall into: when they don’t win after a few tries on a certain game, they become convinced that the next turn will be their big win.
This mentality keeps going and may keep getting stronger with time until the gamblers have run entirely out of money. Although a certain game may be fun, move on if you haven’t had any luck within a handful of turns.
There are a ton of online games out there, so don’t settle for just any single one if it doesn’t provide satisfactory winnings.
Avoid Games with Giant Jackpots
The potential to win a major jackpot–something like a million dollars or more–is likely to draw in a bunch of players.
However, a bunch of people have to spend their money to fill up that jackpot before there will be just one single winner. Our advice, avoid these when you can.
Winning Games at MPL Casino
Today, gamblers don’t have to worry about dressing up, driving long distances, or spending extra money at casinos.
The truth is, online gambling offers a unique experience free from the typical burdens of the casino. Players who are hesitant about visiting a physical casino only need a computer and internet connection to play at home.
Determining which slot machines pay the best online means keeping a careful, practiced eye on player pitfalls and the potential return of each game. Winning, then, can come down to a science!
At MPL Casino, we offer all the fun and excitement of a physical casino with much higher returns for players. Our games don’t compromise on quality when it comes to the online gambling experience, and we offer types of games for everyone.
Check out our casinos today and try out your luck now that you’re more equipped and educated on online slots than ever!