Online Slots With High RTP in Canada
One of the most essential features of an online slot game is its RTP, which is defined as Return to Player. What factors determine whether a game has a high RTP? As the iBet Network expert slots analyst, I’ve decided that the following criteria must be met in order for a slot to be considered a high-RTP slot:
RTP must be over 97%
The average return to player (RTP) of slot games is 96%. Any slot game that falls between 95% and 97.99 percent has a medium RTP. Low RTP slots should be categorised as anything below 94.99 percent. High RTP slots, on the other hand, are defined as those above 97%. The RTP or Return to Player is the amount of wins divided by the amount wagered while playing. In theory, the percentage means you will win back more money. The RTP is another name for the payout ratio in online slots. The return to player percentage for casinos in Las Vegas, for example, is about 75%, whereas it’s about 95% at online casinos. If you placed a $100 bet on the same slot machine in a Las Vegas casino or online, the difference in return would be 20% or $20 (for a $100 stake), on average.
Best RTP Slots Explained
The Return to Player (RTP) of a slot game is a theoretical figure that indicates how much money you may expect to lose while playing a certain slot machine. RTP is a house edge that’s in reverse. Here’s an illustration: the average RTP of Jammin Jars by Push Gaming is 96.38%. The house edge is 3.62 percent, and the player will get back 96.38% of their wager.
Not yet crystal clear? Consider another example: Book of Dead by Play N Go has an RTP of 96.21 percent. The house edge is 3.79 percent, which means the player will be returned 96.21 percent of their stake in this game. In other words, a theoretical 96.21 percent return on investment is possible in this game (assuming perfect play).
In reality, the amount you win from high rtp online slot machines is just as determined by luck as the slot machine you choose. Although Book of Dead has an RTP of 96.21%, it does not imply that you will win back $96.21 for every $100 you wager while playing slots. This is only a theoretical hypothesis. If such conviction existed, slot machines gambling, free spins and casino bonuses would be quite uninteresting!
The RTP of a good slot machine is calculated over a longer period of time. Furthermore, slot games employ Random Number Generation (RNG) technology, ensuring that they are truly random. The RTP is the polar opposite of the house edge. If you see a house edge of 4%, it means that the RTP is 96%. It also means that the online casino is earning $4 per $100 wagered in the end.
Where to Find the Best Slot Games in Canada?
We do realise that fans of free spins bonus features are always on the lookout for where to get the best welcome bonus for their buck. Finding the best RTP slots might be difficult, which is why we hope to assist you in locating the best RTP slots in Canada. Remember, the Return-to-Player ratio of an online slot machine by Relax Gaming, Pragmatic Play or Yggdrasil Gaming does not guarantee to win cash prizes. It can, however, be a helpful indicator.
In addition, the payout value of a slot is an important element in determining which machine provides the best value for money. The finest payouts slots provide you with the chance to win large amounts of money. Here are the Canada online slot sites where you may acquire free spins bonus and play slots. However always keep in mind to play responsibly.
Do Jackpot Slots Have the Best RTP?
They are a bit different to traditional slot machines. Because a portion of the Return-To-Player share is kept back to pay as jackpot prizes when they are won. This is why, in comparison to non-jackpot games, those slot games have a lower return rate. Let’s use the most popular slot game, Mega Moolah, as an illustration. Mega Moolah is a progressive jackpot slot that has already paid out millions in prize money.
Many individuals have become instantly rich while playing this particular slot, however the RTP value is only 88.12 percent. The reason for this is actually quite logical. To expand its prize pool, Mega Moolah effectively holds back a portion of the maximum bet it receives from players. When playing a game like Mega Moolah, the majority of the stake goes into the basic prize pool. A lesser amount of your max bet goes to the jackpot pool after each spin. Of course, a portion is kept by the home as profit when you play online.
Is it true that progressive jackpots are a bad value for money if they don’t have a high RTP? No, because players aren’t typically looking to win from the base or bonus game when playing these sorts of games. It’s the life-changing jackpots that most, if not all, are aiming for that provide the overwhelming majority of players with the most money ever. Despite lower return figures, many gamers regard the prospect of winning millions in prizes as good value for money.