When it comes to online gambling, there will always be a level of randomness that hovers over casino goers like a dark cloud. The randomness of an online casino game will be displayed in its return to player or RTP percentage. While some casino games are far less random than others, there will always be a hint of randomness to online casino games.
Just like slot machines at brick-and-mortar casinos, virtual slot machines have targeted payback percentages built into their programming. Essentially programmed percentages on slot machines are no different to odds on table games, the odds of each slot will lead to the expected returns. However, there’s a lot more that goes into virtual slots which determine the payout as opposed to more stable casino games such as roulette or blackjack. Don’t let this discourage you though, newcasinos.io is about to give you the full rundown on how to tell if a slot machine is hot…or not!
Comparing Virtual Slots to Other Virtual Games
In order to fully understand when a real money slot machine becomes due, you’ll first need to familiarize yourself with a few concepts of probability. One of the main concepts to consider is random, independent gambling events. Most online casino games you place bets on will be random, independent events. It’s important to note that this essentially means the events that had previously occurred will not influence the events that will occur in the future.
A good example here would be to consider roulette, within roulette there are a total of 38 different options to bet on, this essentially means your chance of winning when placing bets on a single option will be 1 out of 38. Let’s say you have placed a bet on the same option and you’ve won three times in a row. What are the odds of that option being the winning bet in the following event? Well, it stays at 1 out 38 each and every time.
The previous spins of a roulette wheel will not change the number of ways to win or the number of possible outcomes. When it comes to slot machines there’s little difference, each spin of a virtual slot machine is a random, independent event. This essentially means that there is no real way to predict the exact time a slot machine will payout, as this would surely put a casino out of business. Though it is certainly impossible how to tell when a slot machine is hot.
Using RTP, Probability and Slot Variance as Indicators
Though there is no surefire way to predict exactly when an online slot machine will payout, casino goers can make use of certain indicators to better their chances of winning. The “house edge” of an online casino game will greatly affect your returns, the house edge is displayed as the Return To Player or RTP percentage. Along with the RTP percentage and probability, the volatility of a slot is also a great indicator of how to tell if a slot machine is hot. Let’s take a closer look at these concepts:
There is an old saying that goes “the house always wins” and this is in fact true because of the casino’s house edge. This means that the house will always have an edge over gamblers, however, despite unfavourable odds you can still win playing your favourite games. Players can also better their chances of winning by choosing virtual slot machines that have high RTP percentages. The most common RTP percentages of virtual slot machines lie between 90% and 96%, therefore selecting a slot machine with an RTP above this will better your chances of winning more frequently. It’s important to note that the RTP percentage and house edge directly correlate with each other, if a slot has an RTP percentage of 90% the house edge will therefore be 10%. Of course, virtual slot machines with lower house edges will be more profitable.
The probability of an event occurring will always be displayed between 0 and 1, 0 meaning the probability of an event occurring is impossible and 1 meaning the probability of the event occurring is absolutely certain. When it comes to virtual slot machines, their probabilities are programmed to provide you with a specified hit frequency. As an example, if the probability of a slot is 20%, you can expect to hit a win once every 5 spins. However, due to the random number generators which are programmed into online slots, each spin is a random event which means you could go without a win for 5 spins in a row or visa versa regardless of the probability.
You can also attempt to calculate the probability of achieving a winning reel by using simple math. Let’s say a virtual slot machine has 10 different symbols and the layout is only 1 row with 3 reels. The winning line would be achieving three of the same symbol, therefore, the probability of achieving one symbol on each of the reels is (1×10) x (1×10) x (1×10) = 1000. The probability of hitting a winning line in this slot layout is therefore 1/1000.
The volatility of a virtual slot machine is another extremely important indicator of how to tell if a slot machine is hot! Slot volatility can be displayed between low, medium and high volatility slots. Usually, an online casino will display the volatility of an online slot along with the RTP percentage. Low volatility slots essentially provide players with more frequent wins but these wins are rather small. High volatility slots provide players with less frequent wins but the payouts of these slots are much larger. Though the volatility of an online slot may be displayed, the only real way to get an accurate estimate of how volatile the slot machine is through a great number of spins and then review your results thereafter.
Tips on How To Find Rewarding Slot Games
After considering that random number generators are built into the programming of virtual slot machines, there is no real way to predict when a slot machine will hit while you are playing. The only solid indication we can use to evaluate how hot or cold a slot machine runs is in retrospect. This essentially means that a slot machine is not programmed to catch up after a cold cycle, due to the random number generator within its programming.
The only full-proof way we can determine how frequently a slot machine will payout is by spinning the machine up to a couple thousand times or more and then reviewing the data thereafter. The more you spin the machine the more accurate your prediction of the payout rate. Though there is no real way how to tell when a slot machine is hot, there are still a few tips you can use to make sure you’re bettering your chances of hitting frequent wins. So, let’s dive into some tips on how to find rewarding online slot games:
Only Play High RTP Slots
As we mentioned earlier the most common RTP percentages among online slot games are between 90% and 96%, selecting online slot machines that provide RTP percentages above this will better your odds of winning.
Play Low Volatility Slots
Though this tip greatly depends on your playstyle, low volatility slots will undoubtedly provide players with more frequent wins. However, you can still win on high volatility slots and the wins will certainly be much larger as opposed to low volatility slots. This all comes down to your risk tolerance and bankroll, low volatility slots are better for those with smaller bankrolls and lower risk tolerances. With high volatility slots, you can expect to hit cold cycles far more frequently.
Now that you have a clear understanding of why it’s impossible to tell exactly when a slot machine will hit there are a few more tips you can follow to ensure a better gambling experience. One of the best tips for playing online slots is setting a stop loss budget, this will help ensure you don’t spend excessive amounts hoping for one big win. A stop loss budget essentially means you step away from your gambling session after you have spent a specific amount.
Another important tip on how to tell if a slot machine is hot would be to play an online slot machine before you commit any funds. This can allow you to spin the slot machine thousands of times and collect valuable data in regard to slot volatility.
Finally, we recommend you avoid playing on virtual slots that aren’t very popular. Popular online slot games will usually have a handful of unique features that can lead to bonus rounds, or jackpots and in turn much bigger wins. Though this doesn’t ensure more frequent wins, however, it will mean your wins are much bigger when they do occur.
Advice About Online Slots You Shouldn’t Follow
There are many individuals who believe there are secret methods or tactics that can be used to identify when a slot machine will hit. The newcasinos.io will have you know that this is all fake news! As we mentioned previously the only real way to identify how frequently you will hit a win at an online slot machine is by reviewing results from a great number of spins, and even still this data won’t be 100% accurate. Anyone exclaiming they have information on how to tell when a slot machine will hit, is blatantly lying or simply delusional.
Though we may not be able to tell exactly when a slot machine will payout, you can gather the information that will tell you how rewarding an online slot game will be in the long run. However, this information is rather hard to gather since you would need to make a couple of thousand spins on an online slot for it to be even slightly accurate.
Conclusion on How To Tell If a Slot Machine is Hot
The real truth to the matter is that hot or cold slots are a myth! Now, this may sound hopeless to slot lovers around the world, however, there are certain indications that can give you a better idea of how rewarding an online slot will be in the long run. With this considered, each spin of a virtual slot machine is an independent random event which is created by random number generators within the programming of slot machines. This makes it impossible to accurately determine when a slot machine will payout. However, you can still use certain indicators to identify how rewarding a virtual slot machine will be as opposed to other online slots.
How To Tell If a Slot Machine is Hot FAQ
What does it mean when a slot machine is hot or cold?
Just to clarify, the premise behind a hot or cold slot machine is a myth! However, when one exclaims that a slot machine is hot, they are essentially saying the online slot is about to payout. When one refers to an online slot machine as cold they are saying the slot machine is not going to payout.
Can you tell if a slot machine is hot?
The short answer to this question is no. Each spin of an online slot is an independent random event. This is due to the random number generators that are built into the programming of an online slot machine. Therefore there is no real way how to tell when a slot machine is hot or cold.
Are there any methods that can allow me to win faster on virtual slots?
No, there are no secret methods or tactics that will help you trigger a win on an online slot. However, there are tricks you can use to ensure you are not losing excessive amounts while playing virtual slot games. The first is to choose slot games with low volatility and high RTP percentages that ensure more frequent wins. The second is for you to set a stop loss budget, this will allow you to step away from the slot game after you have lost a specific amount of money.