If you’ve ever wondered how online slot machines work, you’ve come to the right place. This page explains how the average online slot machine payout rates are calculated at today’s best online casinos.
What is the online slot machine RTP % payout rate?
Online slot machine outcomes are produced by Random Number Generators (RNGs). The RTP % (Return to Player Percentage) payout rate is the average rate an online slot machine pays back in winnings over a certain period of time.
This information is usually calculated by one of several trusted online casino testing agencies that are independent of online casinos and licensing authorities.
These non-profit organizations tend to test the games using their innovative testing systems by playing millions of spins on an online slot machine over four to six weeks. At the end of the testing period, we can see how much a game pays back in winnings.
Let’s just say that you have received 20 free spins on registration no deposit at a fully licensed online casino you have just signed up to and that you can use your free spins on the famous Book of Dead online slot from Play’n GO.
You may have been wondering what the average payout rate for this slot is. At the time of writing, it is 96.21%, which is pretty good. But what does this mean? Let’s find out.
An online casino testing agency may use its system to test the slot by playing 1,000,000 spins. At the end of those 1,000,000 spins, the amount of winnings it paid back can be revealed.
For example, if players have spent $/€/£1,000,000.00 on the Book of Dead online slot in a four-week period, and, on average, those players received $/€/£962,100 back in winnings. This means the game had an average 96.21% RTP payout rate for this period.
Game Provider Reputation
Game provider reputation plays a crucial role in the world of online gaming, particularly when it comes to selecting and playing online slots. The reputation of the game provider can have a significant impact on various aspects of the gaming experience, including game quality, fairness, and the reliability of the Return to Player (RTP%) percentage. Here, we delve into the importance of game provider reputation and its influence on players’ overall satisfaction and trustworthiness.
Trust and Reliability
Game provider reputation directly affects the level of trust players have in the games they offer. Reputable providers are known for their commitment to fair play and transparency, ensuring that their games are built on reliable software and undergo regular audits by independent testing agencies. A trusted game provider gives players peace of mind that the games they are playing are not rigged or manipulated, increasing their confidence in the outcomes and the reported RTP%.
Game Quality and Innovation
Established game providers often have a track record of developing high-quality and innovative games. They invest in cutting-edge technology, graphics, and sound effects, enhancing the overall gaming experience. By choosing games from reputable providers, players can enjoy engaging gameplay, immersive themes, and seamless functionality.
Regulatory Compliance
Game providers with a strong reputation are more likely to adhere to regulatory requirements imposed by licensing authorities. They prioritize compliance with industry standards, ensuring that their games meet the necessary criteria for fairness and responsible gambling practices. This includes displaying accurate RTP% information and providing clear terms and conditions to players.
Customer Support and Responsiveness
Reputable game providers prioritize customer satisfaction and maintain effective customer support systems. They are responsive to player feedback, address issues promptly, and maintain open communication channels. Players can rely on these providers to resolve any disputes or technical difficulties that may arise during gameplay.
Variety and Selection
Well-known game providers often have a diverse portfolio of games, catering to different player preferences. They regularly release new titles, offering a wide selection of themes, features, and gameplay mechanics. This ensures that players can find games that suit their individual tastes and preferences.
Responsible Gambling
Responsible gambling is a crucial concept that promotes safe and healthy participation in gambling activities. It involves understanding the risks associated with gambling, setting limits, and maintaining control over one’s gambling behavior. Here, we explore the importance of responsible gambling and the measures that can be taken to ensure a positive and responsible gambling experience.
Awareness of Risks
Responsible gambling begins with an awareness of the potential risks involved. Gambling should be seen as a form of entertainment rather than a means to make money. Players should understand that there is always a risk of losing money and should only gamble with funds they can afford to lose. Recognizing the potential for addiction and other negative consequences is essential.
Setting Limits
Setting limits is a fundamental aspect of responsible gambling. Players should establish limits on the amount of time and money they spend on gambling activities. This includes setting a budget and sticking to it, as well as allocating specific periods for gambling to prevent excessive and impulsive behavior.
What is classed as a good average RTP % payout rate for an online slot machine?
You will find that most online slot machines you can play at online casinos today have, on average, anywhere from a 93.00% to 98.00% RTP payout rate. The higher the payout rate is, the better it is for players.
It doesn’t guarantee that you will win more, but a slot with a 98.00% RTP payout rate is better than a slot with a 91.00% RTP payout rate. You may also find that some slots have a 98.00% or higher RTP payout rate.
What companies test online slot machine RTP payout rates?
eCOGRA (eCommerce Online Gaming Regulation and Assurance) is one of the most well-known online casino testing agencies that calculates the monthly average payout rates for many of today’s online slot machines.
Other companies that also calculate this information are the following:
- Technical Systems Testing (TST)
- BMM Testlabs
- Gaming Laboratory International
- iTech Global Pty Limited
- Quinel Ltd
- Global Lab Limited
You can easily check the latest payout rate for an online slot machine by going to its paytable. Some players will tell you that they only play online slots with high payout rates. Perhaps avoid playing slots with an average RTP% payout rate of 93.00% or lower.
