Best Payout Slots Online 2023
Audrey | January 4, 2022 | Updated on: July 10th, 2023
Recently updated on January 4th, 2022
Playing regular slots in free mode don’t always bring the level of excitement that you want from casino games. This is why you should always play at a casino that offers best payout slots. opt to play highest paying slots. They offer the best experience and best chance to win big.
In this guide, we’ll walk you through everything that you must know about best payout slots online. Find out how to spot the best paying slot, how to calculate RTP, and which top 5 slot machines pay the best. When you are ready you can head over to any of the casinos that we recommend below to play for real money.
Casinos with Highest Slot Payouts
Slot Machines with The Best Odds of Winning
One of the characteristics about best payout slots is that they have high RTP (return to player) percentages. The RTP value of a slot game indicates the return you will get should you win. It also indicates the odds attached to you wining anything at all.
RTP is also directly perpendicular to house edge. So, the higher the RTP, the lower the house edge. When house edge is low, you stand a better chance at beating the casino. RTP percentages range from about 96% and can go as high as 99%. Do not play a slot game with an RTP percentage lower than 96% because your chances of winning are significantly lower here. Some casinos make it easy by readily displaying the slots RTP percentage while others don’t. You’ll have to Google it in that case.
However, that may not be necessary as we have shortlisted some of the most popular slot machines with best payouts. We’ve also included the RTP value or each.
5 Best Payout Slots Machines
| Slot Game | RTP | Software Provider | Progressive Jackpot |
|---|---|---|---|
| Mega Joker | 99% | NetEnt | Yes |
| Monopoly Big Event | 96-99% | Barcrest | No |
| Ooh Ahh Dracula | 96-99% | Barcrest | No |
| 1429 Unchartered Seas | 98,60% | Thunderkick | No |
| Blood Suckers | 98% | NetEnt | No |
How to Calculate RTP
You might see the percentage value, but that still doesn’t tell you exactly how much you stand to win back in C$. Fortunately, calculating return to player values in Canadian dollars is not too complicated. Let’s assume you made a C$ bet on the Mega Joker slot at Jackpot City Casino. With an RTP of 99% you will get back C$ 99 on your C$100 investment should you win.
Best Paying Slots: House Edge
House edge is a term that you will frequently hear about when playing casino games. It refers to the casinos statistical advantage over you as player and is systematically worked into the rules of the game.
How big of an advantage the house has over you depends on the game you are playing as well as the casino that you chose. In some casino games the house edge can increase or decrease depending on the bet you make. House edge is also presented as a percentage figure and indicates the percentage of your bet that the house will collect with each bet you make. This means that if the best payout slot has an RTP of 95% then the house edge for that game will be 5%. This is a simple way to calculate both RTP and house edge.
Best Payout Slots Progressive Jackpots
Progressive Jackpot slots is the ultimate best payout slot. In fact, progressive jackpot slots and lottery games pose some of the biggest payouts out of all the casino games. Progressive jackpot slots offer large jackpots that can reach well into the millions. The overall pot is made up of small percentages collected from every player who makes a bet while playing that particular slot, regardless of casino. The pot then grows and grows until one lucky player wins. The overall pot will then return to the starting amount and grow again from there.
Microgaming, NetEnt and Playtech are known for offering a few best payout slots each. And, if you are a regular slot player then you might have already played some of these. The titles include Mega Moolah, King Cashalot and Treasure Nile from Microgaming. Cosmic Fortune and Arabian Nights by NetEnt and Playtechs Age of the Gods, Beach Life and DC Superheroes.
Highest Payout Slot Machines: Variance
When researching best payout slots, you might also come across the concept of variance. Slot variance refers to how often a game pays out a jackpot and also how big the jackpot is. Slot variance is also called payout frequency or slot volatility.
Slot variance can be categorized into three types. You get high variance slots, low variance slots and medium variance slots to fill the missing middle.
- Low Variance: Low variance slots payout frequently but not in big amounts.
- High Variance: High variance slots pay very few and far between but the payouts are huge when it does pay.
- Medium Variance: Medium slots also payout quite frequently and gives a mix of small and bug payouts.
Best Paying Slots RTP
Slot machines don’t usually display slot variance like it would RTP. You would have to source this information for yourself. One way to do this is to play the slot game yourself and record how often you receive a payout and how big it is every 100 spins or so. With certain slot games its obvious. Penny slot machines are most probably all low variance slots while best payout slot machines like Mega Joker are probably high variance slot games.
To further streamline your quest to finding the best payout slots, you can be on the lookout for software providers that develop best paying games. We’ve shortlisted 8 of the most popular software providers and researched the average payout percentage for each.
- Amaya – 92%
- Novomatic – 95.04%
- Microgaming – 95.14%
- IGT – 95,15%
- Realistic Games – 95,25%
- NextGen – 95, 50%
- Play N Go – 95,99%
- NetEnt – 96,51%
Play Best Payout Slots Online
We hope this guide was helpful in finding the best payout slots. When you are ready, visit any of the casinos that we list in our table above to play slots for real money. Our casinos offer a wide range of slot titles that include progressive games, 3D slots, themed slots, and classic slots.
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