A Statistical Analysis of Online Slot Parameters

Slots are the most popular games at any casino. Operators love them because they add to the variety of their libraries, and players can’t get enough of their flashy effects, vibrant visuals and fun characters. Yet, slot games for online play are more than just ritzy entertainment. In the background, each slot has a mechanic that determines the game flow and how often the prizes get triggered. Even though many players neglect this statistical aspect of gambling, they must understand at least three major elements to choose the games that will deliver up to their expectations.

Return to Player: Alpha & Omega of Gambling

The first technical element in any slot game player has to know is the Return to Player rate, or RTP. It is usually listed as a percentage, and in the best-case scenario, it must be above the 96% threshold.
RTP is calculated by using high volumes and essentially reveals how much a certain slot machine returns over time. However, it does not indicate returns for a single player, but general returns based on all the bets ever placed. Even though individuals don’t get precise information, they get a solid indication of how the game will behave once they spin the reels.
Casino industry standards in Canada require all slot suppliers to disclose the RTP rates within game rules.

What is Volatility? 

Volatility is a far more practical measurement than RTP and a good indication of how often the game will release prizes on an individual level. Generally speaking, there are three levels of volatility:

• Low-volatility games pay more often, but the prizes are also smaller;
• Medium volatility provides a good balance between the effort put and prizes won;
• High-volatility games pay less frequently, but when they do, prizes are generous. It is also the riskiest volatility level.

There is no rule on which type of game a player should choose. Low-volatility games could be a better choice for beginners and casual gamblers who enjoy the anticipation of the spin but don’t get carried away by ideas of life-changing prizes. High-volatility games are perhaps more suitable for players with bigger budgets, as they ask for more bets before the prize lands.
Either way, casino fans must always approach gambling responsibly and activate safe gaming limits.

Does Hit Frequency Matter? 

In the past couple of years, software suppliers started releasing more information on hit frequency. There are two frequencies gamblers are usually interested in — hit frequency and free spin frequency. The former indicates how often the game will release a winning spin, while the latter relates to how often it will release free spins. Again, it is calculated with high volumes in mind, and the numbers don’t apply to individual sessions. Still, any gambling fan can see that a 1/100 frequency is better than 1/200.
Although carefully selecting slot games based on statistical elements doesn’t guarantee big wins, it does promise less risk and deeper insight into what to expect from a slot game.

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