Back in the late 1800s there was a quiet gambling storm brewing in California, mainly as a result of a man called Charles D. Fey, who will go down in history as the founding father of slot machine gambling entertainment. Oh yes, it was Mr Fey who first created a slot machine with true commercial potential, and before too long his Liberty Bell was spreading across the US, and rest of the world.
We certainly have him to thank for the modern slots industry, something that attracts by far the most gamblers out of any other casino game these days – play Lost Island Slot. To put it into perspective, between 2019-2020 online slot gambling accounted for over a third of all gambling activity in the world… They’re popular alright! But what are the slot machines with the highest odds of winning? Keep reading to find out.
How to calculate the odds of winning on slots machines?
The first thing to explore here is how to actually calculate the odds of winning on slots machines, as it isn’t anywhere near as simple as on some other casino games. In fact, back in the mechanical era of slot machines it was almost impossible to accurately deduce the odds of winning on slots machines, however after the invention of video slots a term called RTP started to be used a lot more.
RTP stands for Return To Player, and it is basically a piece of information that allows us to work out the exact odds of any particular slot game we play. It is given as a percentage, unlike other casino games, and this reflects how much of a gambler’s stake they can expect to win back. So, if a slot’s RTP is 96%, you could reasonably expect to win £96 from a £100 slot session bankroll.
Different types of slots machine and their odds of winning
In the vast majority of cases RTP is your go too tool for finding out about the odds of winning on slot machines, however it isn’t always the case. Indeed, there are a few different categories of slot machine these days, and some of them can affect the odds. Let us take you through what we mean:
· Regular online slots: These are slots with all the classic features – bonus rounds, free spins and tiered jackpots. RTP is your best friend here, and will accurately reflect the slot odds of winning.
· Progressive jackpot slots: Progressive jackpot slots are wildly exciting because of their ever-increasing jackpot prizes, however their RTP is very low, mainly because there are way more losing spins.
A few of the top slot machines with the highest odds of winning
That’s the concept of the odds of winning on slot machines, by now you are probably itching to know about some of the best ones, so here we are:
· Gonzo’s Quest Megaways: A good example of how RTP isn’t always the defining factor, Gonzo’s Quest Megaways scores an average 96%, however because of its Megaways technology it has very high odds of winning.
· Rainbow Riches Pick N Mix: This excellent Rainbow Riches iteration has an overall RTP score of 99% if you choose your bonus rounds wisely.
