Volatility and the Return to Player rate are different things. While a slot’s RTP shows how much an online casino may return to you, volatility tells you how that return is distributed across the wins. Players who like chasing big wins and can handle the ups and downs may enjoy some of the best high volatility slots like Money Train 3 or Dead or Alive 2. But if you prefer more consistent play, low volatility slots are a good option.
What Does RTP and Volatility Mean?

LuckyGambler is a review platform, that provides personalized casino offers through affiliate links, earning a commission at no extra cost to you when depositing. It doesn’t affect how our team rates and ranks the casino brands, we want to ensure that players are matched with the right casino offers.
If you want to have a better experience playing pokies, there are two core definitions you need to know — RTP and volatility. But what is RTP? And how does volatility influence the experience of players?
In short, these terms explain what are your winning chances in a casino game and how frequent they are. Together, RTP and volatility offer insights into a slot’s performance. This information helps players who chase big prizes and those who prefer smaller but guaranteed winnings find suitable games. I am excited to break down the meaning of RTP and volatility in slot machines for you. After reading this guide, you’ll be able to easily choose casino games that match your preferences and bankroll.
What Does RTP Mean in Slot Machines?
Some casino players, especially those who’re only starting to play, may wonder, “What does RTP mean in gambling?”. In short, Return to Player (RTP) is the most important concept to understand if you want to play slot machines. It’s the percentage of all money bet on a slot that is expected to Return to Players over time. For example, if a game’s RTP is 96%, you may get back $96 for every $100 you bet on this title. Understanding this concept helps players make more informed decisions on what titles to play. One thing you need to remember is that this is a long-term average indicator. Over time, you can win a lot, lose a lot, or break even. It is about what happens over many spins.
To calculate Return to Player value, game developers use mathematical models based on the game’s mechanics. It includes symbol combinations, reel payout, paylines, and payout rules. They look at all the possible outcomes and how often each outcome should happen. Usually, this is done with math and stimulations with millions of spins. Once the rate is calculated, it’s tested and certified by independent labs. This ensures that the number is fair and aligns with the gambling industry standards.
Then, the casino or game provider can’t change it. And even though you may find several versions of the same slot with varying return-to-player percentages on different gambling sites, RTPs must be clearly listed in a game’s terms and conditions to avoid confusion. But RTP is not everything. To make sure you have a rewarding gambling experience, you should pay attention to house edge, frequency, and volatility. When choosing a slot game, look for these indicators to understand if a title matches your preferences.
RTP and RNG
Random Number Generator (RNG) keeps slot games fair. It decides whether you win or lose on every spin by choosing a random outcome and telling the game where to stop the reels. Simply put, RNG handles the randomness, and RTP is the long-term result of that randomness.
RTP vs House Edge
The other thing that can help you better understand the RTP meaning in gambling is the house edge. It’s a common term in the online casino industry that shows how much the casino keeps out of bets. Thus, RTP and a house edge are two sides of the same coin. For example, if a slot machine’s RTP is 96, the house edge totals 4%. While Return to Player rate shows the gambler’s long-term return, the house edge focuses on the casino’s profit margin.
Knowing these concepts is key when choosing a slot game. A lower house edge and higher RTP mean better odds for the player. Still, remember that it doesn’t guarantee short-term wins.
RTP vs Hit Frequency
The other term you may hear often is hit frequency. While low or high RTP is about how much you win back over time, hit frequency is about how often you win any kind of prizes. For example, a slot may have a hit frequency of 30%. Thus, you can win something on 3 out of every 10 spins. But these wins can be small, and the game’s RTP can still be low.
While a game with frequent wins may feel more exciting, it doesn’t always give you better value. And while some players may prefer online casino games that pay out more often to keep the excitement going, but if the RTP is too low, those frequent wins may not add up too much.
RTP vs Volatility
What does volatility mean in pokies? It is an indicator that will help you evaluate the game’s risk level and win behavior. For example, low volatility slots give small wins often and are more predictable — a good choice for players with smaller budgets. High volatility slots, on the other hand, provide fewer but larger wins. Such casino titles are riskier, but they have the potential for significant payouts.
Important note
Low RTP Slots
Knowing what RTP means on slots helps you choose games with better payout potential. Low RTP slots are games where the Return to Player is under 93%. This means the casino keeps more from bets, and players lose more in the long run, even if they win. Some users still may enjoy these slot games for their prizes or themes. But it’s good to know what you’re getting into.
Here’s an example of low RTP slots:
- Mega Moolah: The Witch’s Moon: The game has an RTP of 88.12%. This means the house edge is nearly 12%.
- 9 Masks of Fire King Millions: This slot has an 86% RTP that may vary across different casinos. Still, some players like this game due to its ancient-world theme and progressive jackpots.
- Atlantean Treasures Mega Moolah: The slot’s RTP is 92.08%. It offers four progressive jackpots with an opportunity to win $1.3 million.
Slot Name | Pros | Cons |
Mega Moolah: The Witch’s Moon | Four progressive jackpots | Very low RTP, poor returns |
9 Masks Of Fire King Millions | High hit rate | No huge jackpots |
Atlantean Treasures Mega Moolah | Four different progressive jackpots | High volatility and rare jackpot wins |
While these online casino games may look exciting, their low RTP means you’re more likely to lose money over time. If you want better chances, try pokies with a high RTP, over 96%.
High RTP Slots
After looking at low RTP slots and their pros and cons, let’s turn to high RTP slots that offer players better long-term value. These usually have a return rate of 96% or more. While it doesn’t guarantee a win, a higher RTP does improve your chances to score big in the long run.
Many of these slot games are popular because they mix strong payouts with engaging design and captivating gameplay mechanics. Among the most popular high RTP slots are:
- Immortal Romance: This has been one of the popular online slots since its launch in 2011. The slot RTP is 96.86%.
- Thunderstruck 2: It’s an online pokie with a 96.65% RTP. As attractive as it may seem, the game has high variance that requires players to be careful when making bets.
- 777 Surge: The title has a high RTP of 96.44%. The slot machine offers three different prizes, with a maximum bringing you up to x2,000 your stake.
- Book of 99: The slot has an RTP of 99% which is a huge rarity in the gambling industry. The game has a mythological theme inspired by Homer’s Odyssey, which is sure to appeal to a broad audience.
Slot Name | Pros | Cons |
Immortal Romance | Free spins features | High volatility |
Thunderstruck 2 | Multi-level free spins | High volatility |
777 Surge | Payouts at 600x your stake in the base game | Varying RTP |
Book of 99 | One of the highest RTPs in the industry | Low win rate |
To help you find the best RTP pokies available, I’ve prepared a top 10 list of the best paying online slots. They are the standout performers when it comes to high RTP percentages.
Slot Name | Provider | RTP |
Book of 99 | Relax Gaming | 99% |
Mega Joker | NetEnt Games | 99% |
Thrones of Persia | Tom Horn Gaming | 98.83% |
Money Cart 2 | Relax Gaming | 98% |
Blood Suckers | NetEnt Games | 98% |
White Rabbit | Big Time Gaming | 97.72% |
Classic Fruits | 1×2 Gaming | 97.72% |
Medusa Megaways | Next Gen and SG Gaming | 97.63% |
Sugar Rush 1000 | Pragmatic Play | 97.5% |
Big Bad Wolf | Quickspin | 97.34% |
And remember, if you’re aiming to stretch your bankroll and maximize returns, you should choose the highest-paying online casino. These platforms offer high RTP slots that will provide you with the best gaming experience possible.
What Does Volatility Mean in Slots?
As I’ve explained earlier, volatility, or variance, is a measure of how often a slot pays out and how big those wins are. It’s not the same as RTP, and understanding this difference can save your bankroll.
While pokies with the highest RTP give you a better return in the long term, what happens in the short term depends on volatility. In simple terms, RTP meaning in gambling refers to how much a slot pays back over time. Volatility determines how that Return to Player rate plays out spin by spin. Knowing these aspects helps you pick slot games that match your strategy and style.
If you want to get to know the most popular online slot games with high RTP and their volatility level, check out the table below. Use it to match slots to your risk level and gameplay goals.
Slot Name | Provider | RTP | Volatility |
Book of 99 | Relax Gaming | 99% | High |
Mega Joker | NetEnt Games | 99% | High |
Thrones of Persia | Tom Horn Gaming | 98.83% | High |
Money Cart 2 | Relax Gaming | 98% | High |
Blood Suckers | NetEnt Games | 98% | Low to medium |
White Rabbit | Big Time Gaming | 97.72% | High |
Classic Fruits | 1×2 Gaming | 97.72% | Medium |
Medusa Megaways | Next Gen and SG Gaming | 97.63% | High |
Sugar Rush 1000 | Pragmatic Play | 97.5% | High |
Big Bad Wolf | Quickspin | 97.34% | Medium |
As you can see, the majority of high RTP pokies have high volatility. While these titles can be exciting and rewarding, they’re also riskier. Yes, they offer bigger prizes, but high volatility pokies pay out less often. Thus, you may need a bigger bankroll and more patience before hitting a win. Before playing, remember to check the slot’s RTP and volatility to make sure the game fits your budget and goals.
Low Volatility Slots
Low-volatility casino games give small and frequent wins. They are perfect for casual players with a limited budget and are also suitable for long sessions. Still, they are not for you if you prefer chasing huge jackpots or big wins. These games provide steady action and reduce the risk of losing quickly.
Medium Volatility Slot Games
They balance payout size and frequency. Medium volatility slots don’t provide prizes on every spin. But in the case of winnings, it might be a decent amount. These games are perfect for players who want a mix of guaranteed wins and thrills. You won’t win on every spin, but when you do, it might be a decent amount. These are perfect for players who want a mix of steady wins and thrills, but without the extremes.
High Volatility Slots
High volatility slots meaning and how they differ from low volatility games, is essential knowledge for gamblers. In short, high variance means fewer wins, but bigger prizes. You might go many spins without a payout, but then hit a massive success. Such games have high risk but also a big reward. This makes them popular among thrill-seekers and jackpot hunters.
How to choose the right RTP and Volatility Slots?
Choosing the best RTP pokies requires more than registering on an online casino site, choosing high RTP slots, and playing them. For a good choice and rewarding experience, you should look for additional information about the RTP and volatility level of the options you prefer. With it, you can understand what titles match your budget, play style, and mood. Here’s what you should do:
- Check the RTP.Look for online slot games with a higher Return to Player value. If the slot RTP is 96% or more, the title can provide better long-term value.
- Understand volatility.Review the volatility of the game. Decide what you prefer: small wins, big but rare wins, or balanced play. Choose the game with suitable volatility.
- Know your budget.If you have a smaller budget, it’s better to choose low or medium volatility, as high volatility slots can burn your money fast.
- Use reliable sources.Look for slot reviews or guides dedicated to gambling platforms to make a smart choice.
- Try demo versions first.Before playing for real money, test how often the games you want to play pays and what the gameplay feels like.
Understanding RTP and volatility is key to making smarter choices that ensure an enjoyable slot experience. No matter if you prefer steady payouts or chasing big jackpots, understanding these concepts will help you pick games that match your budget and gaming preferences. And if you’ve ever wondered, what does RTP mean on slots, now you know how it can shape your gameplay.