Slots are one of the most popular games in online casinos. Players can get access to a range of slot games that have different themes and spellbinding visuals. Typically, slot lovers choose their games based on themes, bonus rounds and graphics. Most do not bother checking out the payout percentages. However, if you are betting with real money, you should pay close attention to these percentages.
What is payout percentage?
A payout percentage refers to the amount that a player will win back after playing the game for a certain period. You may already be aware of the house edge. Well, payout percent is the opposite of the house edge. If the house edge for an online slot game is 3%, it means that it has a payout percent of 97%. In dollar terms, if you wager $100 on the online slot, the game will payout $97.
However, it is important you understand that each time you wager, it is not certain that you will win according to the payout percentage. Therefore, if you wager $100 per spin, you will not necessarily win back $97, going by the example.
Are payout percentages worth it?
Reliable and legitimate online casinos regularly get their games, including slots, audited by a third party. This audit offers assurance that these casinos offer fair payouts to players and that an outside auditor validated the percentages.
You should study the payout percentage for any online slot game, even for progressive jackpots. The higher the payout percentage, the greater the chances of winning. Also, the win frequency will be higher compared to an online slot game that has a lower payout percentage. Therefore, if you intend playing progressive jackpots, your chances of hitting the winning combination increase.
Finding online casinos with some of the best payout percentages in the industry is now possible. Check out Big Jackpots, a site that lists reliable online casinos that boast high payout percentages for progressive jackpots and regular online slots.