Online slots have become increasingly popular in recent years, with many players preferring the convenience of playing at home rather than heading to a physical casino.
But, with so many options available, it can be hard to know which games to play and whether or not you can actually win money on them. In this blog post, we'll take a closer look at this topic and explore whether or not you can actually win money on slots online.
Do People Ever Really Win on Online Slot Games?
Yes, people do win money on online slot games. The key to winning online slots is understanding the concept of Return to Player (RTP), the type of bonuses the slot has if any, and the number of paylines available.
These may affect your chances of winning and how much you might win. In theory, the more paylines or number of winning ways a slot has, the more likely you are to land a winning combination, likewise with the bonuses. However, this is not a guarantee, so use it only as an idea of what or how you may win.
That is because all slot games use random number generators (RNGs), which determine the outcome of each spin. RNGs use an algorithm that generates a number sequence corresponding to a random outcome on the slot's reels. That means every spin is completely random and independent of the previous spin, ensuring you have a fair chance of winning.
The RTP is a percentage that indicates the amount of money paid into a slot that is returned to players over a long period. For example, on a slot game with an RTP of 95%, £95 of every £100 wagered is returned to players in winnings. However, as slots are random, this is what it averages out as across a long period of time. So, if you wager £100 over the course of a session, you won't necessarily get £95 back.
This percentage can vary between games, so you might want to look for games with a high RTP.
Can You Win Big on Online Slots Without Placing Max Bet?
Another misconception about online slots is that you have to place the maximum bet to have a chance at winning big. However, that is not the case.
The size of your bet does not affect the randomness of the machine, meaning that you can still win big on online slots without placing the maximum bet. So, that is to say, no amount of bets can tip the odds in your favour when playing a slot game. The RNG determines all.
However, please note that some slot games have progressive jackpots that you can only win by placing the maximum bet. In this case, we advise you to go through the rules of the slot’s progressive jackpot before playing.
Why Do I Never Win on Online Slots?
One of the main reasons you may feel like you never win on online slots is the volatility of the machine you are playing on. Volatility refers to the theoretical behaviour of the slot in terms of the frequency and size of payouts that a slot machine offers.
Low-volatility slots, for example, are more likely to pay out more frequently than higher-volatility slots, but the wins are likely to be smaller amounts, in theory. Whereas high-volatility slot games are - theoretically - likely to pay out less frequently than lower-volatility slots, but the wins are likely to be more significant amounts.
As such, you might want to consider switching to a lower volatility slot game if you feel like you never win on online slots. These machines may not pay out as much, but the wins could come more frequently. However, note that the choice of machine is not the only factor that determines if you'll win or not.
Online slots are games of chance, and the outcome is determined by a number of factors, including a random number generator, which makes every spin independent from the previous one.
Therefore, the chances of winning or losing on any given spin are always the same.
Another reason why you may not be winning as much as you'd like on online slots could be due to poor bankroll management. Many players make the mistake of betting too much on each spin, which can lead to quickly reducing their funds. To avoid this, it's essential to set a budget for your gaming sessions and stick to it.
Conclusion
In conclusion, while there is no guarantee that you will win money on online slots, understanding the volatility of slots, managing your bankroll, and choosing slot games with high payout percentages may be helpful.
Remember, online slots are games of chance, and a random number generator determines the outcome. Therefore, the best way to enjoy pay by mobile slots is to do it for fun and entertainment, not for the purpose of making money.
*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to this slot game are subject to change at any time.