When you’re doing any form of gambling, you probably want to know the odds, and whether they are with you, or against you. It is fair to say that most people who play slot games understand that the jackpot coming to them isn’t necessarily likely, but what exactly are the odds, and can you work out a way to make it more likely that you get a win?
Well, though there is no way to influence the outcome of slots (and there are a lot of myths floating around regarding slot games) you do have the option to play games that have better chances. In this guide, we explore some of the odds.
Bigger Jackpots Mean Better Winnings
Jackpots can vary an incredible amount, and this can greatly impact the chances of you winning, too.
There are certain types of slot games that have a jackpot of 10,000x the original stake. It sounds like a lot, but if you stake a dollar, you only stand to get $10,000 as the most you can possibly win.
However, some slot games have huge, progressive jackpots that can go into the millions of dollars, and they do get won eventually. Arguably, the best time to play slots is when the jackpots have built up to a large figure, especially if you are looking for the huge, life-changing sums of money.
Understanding RTP
The RTP ratio is how much of the money that is staked goes back to the players of the game. Of course, there is no guarantee that you are going to win at all, but if the slot game has a higher RTP, it means that more of the money goes back to players in the long run.
The money that is gambled goes into a sort of ‘pot’ and the more of that the casino has committed to paying back to gamblers, the better. However, this doesn’t necessarily mean that your chances of winning are greater, it could just mean more money to the eventual winner of a progressive slot game.
It is crucial to realize that whether you are playing online or in a physical casino, slot games are pre-programmed with an RTP as well as a random way of assigning winners. There is no way to change this, and the game will make random decisions, which is how we get the “odds” of a specific win. They are different for every game and are tough to calculate as wins can vary from a few dollars to millions.
Playing Higher Denomination Games
The higher denomination games may give you more in the way of RTP value. Higher denomination games also have the potential to get you more chances to win in progressive jackpots. In some games, they increase the perceived number of spins which can result in more chances that you potentially win progressive prizes and potentially bigger prizes when you do get to this level.
Of course, this can lead to gambling with higher sums of money. Make sure that you are very cautious about this and that you always gamble responsibly.
Myths About Winning Jackpots
There are plenty of myths out there, as people have some beliefs that are simply not true in this day and age.
Here are some facts to put the record straight:
- Slots don’t pay out more at night. This is a theory some people have about trying to encourage gamblers to keep coming back or to play more in the evenings.
- There is no pattern to how slots pay out. It’s not like every 10,000th player gets a jackpot win, that is not how it works. Instead, it is all completely randomized using computer code, with no human involvement.
- Casinos don’t hide their high RTP slots. In fact, in a lot of areas they have to make this information public. You can even look up the RTP of certain games from the game developers.
In spite of all these myths, there are still things you can do to enhance your gaming, such as choosing the right time and opportunity to play slot games (for instance, when the jackpot has reached a new high).
