HIGHEST PAYOUT SLOT MACHINES

Welcome to The Casino Heat guide to online slot games with the highest payouts. If you love playing video slot games then you need this guide to help you find the best slot machines with a high RTP (return to player). The RTP percentage tells you how much from all the money wagered on a game will be paid back out in cash prizes. The higher the value, the better your chances are of winning. In this guide we also pick out some top value slots bonuses for you to claim so you can enjoy more time on your favourite slots.

We also recommend that you check out our guide to the best payout casinos in Canada for more chances of winning big.

Before we look at each in more detail, here are 10 slots with famously high RTP.

Before we go any further, let’s define the RTP number.

This is an average figure, verified by an independent auditor at all legal casinos, that tells you how much of all the money wagered on a slot will be paid out in real money prizes. An RTP of 96% (average for most slots) means that for every $100 wagered on that game, $96 will be paid out in prizes. Of course, for every individual session that you play the figure will vary, but over time and millions of dollars in wagering, the machine will deliver payouts of that percentage.

Therefore, by choosing a slot with a high RTP, you are likely to win more from your bets!

Earlier on we identified 10 games with a high RTP, and you can find these in most casinos, but what about all the other slot machines? How do you know what the RTP is for each of those?

All game developers will publish the RTP for their games. It can usually be found by loading up the game and browsing to the information pages. Where the paytable is published you will normally find the RTP value as well. If you can’t see it there then you can always contact the support team at the casino you are playing at and ask an agent or visit the game provider’s own website where they normally publish information sheets relating to every game they build.

Now, a quick note on Progressives …

If you choose to play a Progressive Slot then there is a chance that you will win a life-changing jackpot. However, you should be aware that because of the unique set up of these games the RTP is lower than that of standard slots. This is because a small part of every dollar wagered contributes to the overall jackpot pool. So, for example, the RTP may be 92% in standard gameplay with a further 3% taken and used for jackpots.  Keep this in mind next time you load up a PJP as in the base game the rate of wins will be lower than that in a standard game.

The payouts produced by online slots are not just influenced by the RTP. Both variance, hit ratio and maximum payout are important too.

SLOTS VARIANCE

As well as RTP it’s also important to study the variance or volatility of a slot game to understand how it will pay out. Slot variance refers to how far from the RTP of a game will vary over time and its important because it indicates how frequently and in what amounts a game will pay. A low variance slot will not vary much from the advertised RTP which means if the RTP is 96% then for almost all sessions the game will pay out around 96% or a little higher or lower.

High variance games on the other hand behave very differently. During a session with a high variance game the payouts may vary widely from much lower than the RTP to much, much higher. This creates irregular patterns of win, with typically long spells with only small payouts or none at all, followed by short periods with big, big wins. High variance games are very risky. The wins can be very big, but the odds are stacked against the player. Read our guide to high variance slots to find out more and see our list of recommended games.

Slot developers do not always publish the variance of their games but you can find out by reading the game review pages at The Casino Heat. If you are adverse to high risk games then we recommend that you only play low variance games, but if you enjoy the thrill of high risk gambling then you should choose high variance games.

HIT FREQUENCY

Another stat that is useful in determining what your experience will be like when playing an online slot is the hit frequency. This is a simple percentage value and refers to how often a game will return a winning spin. So, if a game has a hit frequency of 10% then one in ten spins will result in a win. Of course, this tells you nothing about the amount of that win, but if you want a game to keep giving you that winning experience on a regular basis, then play games with a higher hit frequency.

MAXIMUM PAYOUT ON SLOTS

So, we know that RTP, Variance and Hit Rate are important in deciding the frequency and amounts that a slot will pay out. But there is one more detail that we need to know to find out which slots have the best payouts, and that is the maximum payout or biggest advertised wins.

This is the maximum amount that a player can win if all the highest paying symbols land together at the same time on the reels across all available paylines. It’s an important number to know because some games have much, much higher potential than others. Most games will have a top payout of 500x to 1,000x the stake per spin, but it is possible now to see some high variance games where the top win can be over 50,000x per spin.

Of course, this is the maximum amount a slot is programmed to pay out, but the odds of hitting that win are very, very small. Most games rarely, if ever at all, pay out their maximum potential.

Sometimes slot machines are referred to as ‘tight’ or ‘loose’. This is another term used by gamblers to indicate how a game feels. It’s a kind of summary of all the factors of RTP, variance and hit frequency. A loose slot is one that feels like it pays out a lot and regularly, where as a tight slot is one that feels like it is always holding back and restricting it’s payouts. The loosest slots are the ones with the highest RTP, but you need to factor in variance as well to fully understand how the game will feel as you play over a long period.

There are some urban myths about loose and tight slots in offline casinos in places like Vegas. It was always believed that the loosest slot which paid out the most were positioned at the entrance to the casino floor so people coming in would see gamblers winning lots of money and in turn would be encouraged to gamble more themselves. No one knows if this is true of course and we will leave it up to you to decide if you believe!

Of course, all this information is important in understanding the odds of winning on any given slot. But can the numbers be trusted? How do we know that a game developer isn’t simply rigging their slots or lying to players? Well, firstly, if they did then they wouldn’t last long in the industry – you should soon detect if a game wasn’t paying out enough, and you would stop playing it!

But aside from customer feedback, developers are also licensed and audited in the same way that gambling operators are too. Any game studio that produces video slots must carry a license from a body like the Malta Gaming Authority or the Khanawake Gaming Commission. And to be issued with such a license, then the games must have been tested to ensure that the outcome of each spin is entirely random and that the advertised RTP is correct. Millions of spins are used to calculate the RTP of a game in this way.

These are 3 of the best-known game auditors:

1. eCorga – work in both Europe and Canada. View their website here.
2. Gaming Labatories International – have audited 100,000s of games and casinos worldwide. View their website here.
3. iTech Labs – have tested games since 2004 and have an excellent reputations. Find more information on their website here.

Now that you have read The Casino Heat guide to the best slot games with high payouts you can enjoy your next casino experience with all the knowledge that you need to optimise your chances of winning. Remember it is not just about the RTP, and in particular when you play slots you must consider the variance, hit frequency and maximum payouts too.

And think about it – what is the right game for you might not be right for another person. You are looking for a slot that will suit your risk attitude and your expectation levels for big jackpots. Above all, remember that these are games of chance and you cannot directly affect the outcome of any spin. It’s all luck at the end of the day.

Now, have fun and gamble responsibly!