When playing slots or any other RNG game online, you will come across several terms and abbreviations that you need to know the meaning of, if you want to understand the games and make money.
In this article we are going to take a closer look at these terms and abbreviations, with focus on RTP and variance. Those are two important factors for anyone playing slots online, so let’s get started.
RTP is an abbreviation of “Return To Player” and tells you how big a percentage of the total turnover one single slot will pay back to the players.
If a slot has an RTP of 96.5%, it means that out of every 1,000 euros/dollars the slot turns over, 965 euros/dollars will be paid out in winnings to the players. The remaining 35 euros/dollars is the profit for the casino and slot developer.
House edge: The casino’s profit is often referred to as the “house’s edge” and you will see this being used all over the internet to explain all games such as roulette, slots, video poker and so on.
It’s important to understand that there is no industry standard for how much RTP a slot has to offer the players, but as a rule of thumb the RTP will be between 96% and 96,5%.
Now that you understand the basics of RTP, it’s important that we explain that the RTP is calculated for the slot machines expected lifetime online. In other words, the RTP % is not what you should expect to win every time you play.
A slot machine may be online for 20+ years and the RTP indicates that over this period of time it should pay out 96,5% in winnings.
Whenever a slot developer like NetEnt, Play’n GO og Pragmatic Play are done developing a new slot, the slot machine will undergo thorough testing by the developer themselves, and often a third party auditing laboratory like eCOGRA, iTech Labs or TST.
They will run thousands, if not millions, of spins in a short time period to calculate the Return To Players. Most developers are more than happy to let the likes of eCOGRA, iTech Labs and TST test their slots, and in many regions the licensing regulators, like Malta Gaming Authority and UK Gambling Commision, will demand that the slots machines are tested by independent third party auditors.
So yes, you can trust that the RTP is correct when you play slots from reputable developers and licensed casinos.
Some slot developers include the option for the casinos to adjust the RTP of a slot machine. Normally the adjustment is minor, but in some regions it can be quite bad. Swedish developer Play’n GO is one slot developer that allows casinos to adjust the RTP. Take the slot “Leprechaun Goes Wild” as an example.
The slot has a default RTP of 96,2%, but it can be as low as 84,2% in some parts of the world.
It’s important that we state that Play’n GO’s default RTP is usually fine and an RTP this low is uncommon. To make sure you get the default RTP, you should play at casinos licensed by Malta Gaming Authority or UK Gambling Commision, as neither of them allow casinos to offer an RTP that low.
The RTP should always be easy to find out and in most cases you will find it by clicking the “i” on a slot machine. This will take you to the “About” section and tell you how to play the slot, how much each symbol is worth and the RTP.
If you can’t find it, just read our review of the slot. We always check the RTP of all slots we review.
Sometimes you will come across a slot with a variable RTP, for example. between 95,5% and 96,7%. This simply means that the slot offers a better RTP during the bonus game or free spins, than in the main game The variable RTP is quite common on slots with offering a “Buy Feature” where you can pay for the bonus runde to start.
Now that we have covered RTP, it’s time to take a closer look at Variance and volatility. First of all, it’s important that you understand that the two are the same. When we speak about variance, we speak about volatility, and vica versa.
Both are mathematical formulas that are used to see how individual numbers relate to each other within a set of data. In layman terms, it tells you how often you can expect to win on a slot.
Simply put, a slot machine with low variance/volatility will give you more winning spins with lower payouts, whilst a slot with high variance volatility will give you fewer winning spins, but bigger payouts.
If you’re not sure if a slot has high or low variance/volatility, the max win will often give you a hint. I.e. if the slot offers 5,000 x wager, it most likely has medium/high variance/volatility.
If you’re new to the wonderful world of slots, or you’re simply looking for a good time, low volatility slots are probably the best choice. You will not win the biggest payouts, but you can have hours of fun without spending too much money.
Go Big or Go Home! It’s as simple as that. If you’re looking for the biggest payouts and the massive jackpots that can change your life forever, you need to go for the high variance/volatility slots.
Royal Panda Casino opened its doors in 2014 and offers a friendly site suitable for both new players and the more experienced ones. It features a very simple website that in all fairness could use an update, but as far as games and bonuses on offer, read the rest of our casino review and you’ll find out if this is the casino for you.
Dunder Casino is a great choice for players who are looking for large numbers of the best slots around. More than 25 providers offer up a variety of modern 3D slots and the classics that we all love so much. Providers include NetEnt, Microgaming, Quickspin and NextGen Gaming.
When Dunder Casino launched in 2016, it had just
From the creators of Voodoo Dreams and NYspins, we have the pleasure of giving you a casino review of their third casino in just two years. Duelz Casino is largely built around the duels you might already be familiar with from VoodooDreams. You can read the full review of Voodoo Dreams here.
Duelz Casino is a purely gamifie
Betsafe Casino was launched in 2006 and has since established itself as one of the most respected casino brands online. Not only do they offer around 2,000 slots and table games from some of the biggest names in iGaming, but they also offer odds on sports from around the globe and they have their one poker room. What more can you ask for?
VoodooDreams Casino is an online casino with a great portfolio of slots, table games and Live Casino all wrapped up in a safe and user-friendly environment, regardless of whether you prefer to use your mobile, tablet or computer.
All the slots and games at VoodooDreams Casino are provided by well-known developers like NetEnt, Mic
Casimba Casino is an online casino that opened its doors to players from around the world in 2017. The first thing you’ll notice about this casino is their enormous welcome bonus of 200% up to £/$ 5,000. On top of that they give you 50 free spins, just for good measure.
Offering a bonus such as Casimba Casino does is
If you are like us and enjoy having a huge collection of games available, we can guarantee you will be excited by the end of this casino review, where we will take a closer look at what 22Bet Casino has to offer.
Even though 22Bet offers sportsbook, casino and Live casino, the lobby is not that complicated and with several
For all of you that likes to keep an eye on everything that’s going on in the iGaming industry, Aspire Global International LTD is a well-known name. They own and operate numerous casinos and when they launch a new casino it means that you as a player can look forward to a massive welcome bonus and a large selection of games from well-kn
Established in 2004, CashCabin was known as Bingo Cabin until they changed their name in 2018 and started adding more slots and Live Casino to their site. Bingo was one of the first games to hit it big online and back in the day, BingoCabin was one of the biggest names in the industry.
As the years have passed by BingoCabin
Betwinner is one of the largest online gambling platforms owned by Marikit Holdings Ltd, operating under Curacao gaming license. The casino offers a massive selection of slots, Live Casino, odds, poker, bingo and virtual sports.
Although it’s a fairly young casino, it’s already home to approximately 500,000 players and
Karamba Casino is a fun loving online casino from Aspire Global, a respected casino operator with numerous casinos under their belt. One of those is PlayFrank Casino, which you can read a full casino review here.
When Karamba Casino launched back in 2005, it wasn’t that much to get excited about to be honest. But that
If you are looking for an excellent casino with a large and rich selection of slots, great bonuses and a lot of excitement to offer every single day, then Videoslots Casino should be your next port of call. For some reason the casino has slipped under the radar of many players, so it’s high time we shine the spotlight on this great casin
LeoVegas is probably one of the best known casinos online today. One contributing factor to their success is the fact that the early on saw the need for catering to players that prefer to use mobile phones or tablets.
LeoVegas casino is owned by Leo Vegas International, operates from Malta and is regulated by Malta Gaming A
Casumo Casino opened its doors in October 2012 and was one of the very first themed casinos to gain any traction. The casino offers a fun and cheerful design where the focus always is on you, the player. Filled to the brim with more than 2,000 great slots from providers such as NetEnt, Play’n GO and Microgaming, Casumo Casino also offers Liv
Comeon! is a well-established casino that opened its doors in 2008. Today the casino offers a great selection of slots and classic table games, in addition to Live Casino, odds on most sports, and Live betting to really get the old ticker going.
When the casino opened its doors almost 15 years ago, Comeon! was a tiny casino
NYSpins is an online casino set in The Big Apple, New York. The casino quickly made its mark when it launched in 2016. Offering great bonuses, a rich selection of slots and games and an exciting concept not seen before, players from all over the world have flocked to this online version of the city that never sleeps.
Owners of th
Genesis Casino launched in April 2018, bringing their players on a journey across the galaxy. Offering more than 1,300 slots and games, they market themselves as the galaxy of gaming. Big words, but do they have it right? Through this casino review we will figure it out, so keep on reading.
It’s no point in claiming t
Casino Hacks is created and brought to you by real players and casino professionals that became bored with the formal and traditional affiliate sites around the world. Casino playing is about entertainment, action, energy, and rewards. Therefore, we’ll always give you more, directly from the source with the latest hacks to become a skilled casino player loaded with a stack of bonuses and free spins! Yeah, it might sound too good to be true, but great deals don’t lie. Sign up here today for our newsletter and become a member of the new casino TV-revolution. Be there first, get your intel first, cash in the best, market-leading, bonuses and leave the rest behind. Welcome to join us, move forward and let’s Start Hacking!
Ask your questions, check out our lists, broadcasts and add us in social media. That way you not only keep up with the latest vital information from the casino world, but you can play a great part in making us even better. Via our show and video streams you get it all – they are packed with casino news, interviews, bonus tips, and entertaining jackpot competitions, which we guarantee makes it a truly rewarding and fun show for you to watch. Seriously, how can one resist the best deals available in the world of online casinos?
And please feel free to share tips with us here – we believe winning entertainment is created together!
Thanks to all great high-tech stuff, today’s online casinos deliver the same thrill and excitement as the casinos you find in a gaming Mecca or luxury cruise ship. For us it’s an even better experience online, since we don’t have to wait in line for our favourite slots or live tables – simply reach into your pocket for your phone and voilà!
It’s all very simple, when you find the bonus you like, click on the “to casino” button, register and the markets best bonus is yours. Naturally, you’ll only find trusted casinos on our lists and recommendations.
At Casino Hacks, you will get the best bonuses in the market through our exclusive deals with our Diamond Partners. They are all selected online casinos that delivers the best bonuses to their new depositing members, exclusively through us. When you deposit at a Diamond Partner Casino, through us, we are proud to offer you the best Welcome Bonus or Freespin Package in the market!