When the Californian mechanical engineer and part-time entrepreneur created his Liberty Bell slot back in the late 19th century he must have known he was onto something big, but did he realise quite how big? There is no way of knowing for sure, however we don’t think anybody could have anticipated the crazy success of slot machine gambling since then – it has been a pretty crazy century or so! There is no arguing with that.
Whilst the latter half of the 20th century was a particularly exciting time for slot gamblers, the 21st century has well and truly put it to shame. There is one main reason for this – online slots! Oh yes, due to the online platform gamblers nowadays can play at wizardslots.com from pretty much anywhere, and this has led to tons of new players joining in the fun. Keep reading for some advanced terminology for slot players that can help you win.
Return To Player
Return To Player is often stylized as RTP, something which most online slot players will have seen quite regularly whilst searching for new slot games to play. It is a very common piece of online slot jargon, however quite a lot of slot gamblers still don’t really know what it is, or how it can be useful.
Basically, Return To Player is essentially a piece of information that gives you a particular slot’s odds. In contrast to other casino games, however, Return To Player is given as a percentage value, often in the high 90s. Here are some slots with the best RTP ratings:
- Rainbow Riches Pick N Mix
- Mega Joker
- Ugga Bugga
Slot variance or volatility
Slot variance or volatility is also something that slots players will see quite a lot when looking for games to play, and just like RTP, it is really important to have a good grasp of what these concepts are. The first thing to say here is that slot volatility and slot variance are one and the same thing – they are both terms for the way a slot is programmed to pay out jackpots.
For example, a low variance slot will be programmed to give out lots of smaller jackpots, whereas a high variance slot will be programmed to give out less jackpots, but ones that are much larger. It’s important to take this into account when spinning those reels, so you can come up with a strategy that works best for the particular slot you are on.
Say the phrase “progressive jackpot” to veterans of the Las Vegas slot gambling scene and they will immediately get very excited, for good reason too. These jackpots increase in size with each losing spin, which means that they can get astronomically large. We’re not joking, millions of dollars at the very least!
Ever heard of the Las Vegas Megabucks machines, for example? These famous progressive jackpot slots have paid out some truly stunning prizes over the years, with some lucky gamblers winning up to 40 million dollars.