While many gamblers rely on their intuition when choosing slots, there is actually quite a bit of data available to help players choose the best game for them. From the number of paylines to the percentage the slot pays out on average, there are a few things all gamblers should keep in mind.
The first is the RTP. This is the theoretical payout percentage of a machine based on how often it hits and the size of its winnings. You can find the RTP listed on each individual slot online and it’s a good idea to understand it before you play as it will help you manage your bankroll.
In addition to the RTP, a slot’s volatility is also important to consider. This is a factor that determines the risk/reward ratio of the game and it falls on a spectrum with high volatility at one end and low variance at the other. High volatility slots have a lower hit frequency but provide larger payouts when they do. Consequently, these games tend to have long losing streaks which can quickly wipe out underbanked players.
To avoid getting caught up in this cycle, it is a good idea to pick a win goal before you start spinning. This should be a set amount that you are comfortable with and once it is reached, you should stop gambling. Greed is the demise of most gamblers and knowing when to bow out – even if you’re down a large sum – is an essential skill for any slot player.