As popular as eSports have become, online gaming has been and is experiencing the same level of success. There are literally tens of millions of people located all over the world who have registered accounts with millions more joining the fun every year.
It wouldn’t be much of a stretch to state that playing online gaming for real cash is just as exciting as playing League of Legends for fun. Of course, online gaming are only available for adults, though plenty of adults are actually nothing more than kids in big pants. With that said, it’s not surprising to see online gaming moving into the mainstream of online entertainment. This growing popularity has given websites like Play Casino™ – casino reviews and online slots plenty of opportunity to help recreational players find the best online casinos.
While online table games like Blackjack, Roulette and Baccarat will always have a substantial following among players; it’s still the online video slots that are drawing online players into the fray. While playing online slots for real cash is a lot of fun, it is suggested that recreational players learn as much as possible about playing these online “one-armed bandits” before risking any of their hard-earned cash. In the following section, we will attempt to shed some light on the odds of winning while playing online slots.
Understanding the Odds
There’s an old adage that goes something like this, “The House Always Wins.” While that’s actually a little bit of an exaggeration, every online casino game is structured to give the house some advantage. In the case of online slots, the house advantage varies based on the actual slot.
The house’s advantage is expressed as “return to player” or RTP for short. The RTP rating on a game represents the percentage of very dollar wagered that the player can expect to get back over a long period of time. Please let that sink in for a moment, the percentage of every dollar.
Every online slot game is submitted to a licensed testing lab (STS, eCOGRA, etc.) for fairness and randomness testing. The testing lab will run the game tens of thousands of times to make sure the game is returning fair results based on the laws of probability. If the lab’s experts are satisfied, they will issue a game certification, plus an RTP rating.
All most all RTP ratings come back between 92% and 97%. The higher the number, the more favourable the game is for the player. Quite literally, a rating of 96% means that 96% of every dollar wagered will be returned to the player over the long haul. That also means the player will lose 4% of every dollar they over the long haul. It’s a statistical fact because of the way the game is set up.
It doesn’t mean the player is guaranteed to lose. There’s always a chance they can hit a decent jackpot and walk away before the probability of losing catches up to them. Astute players know this: Online gaming for the entertainment value win or lose while understanding losing is more likely and winning is more fun.