SkinLords Gambling Guide Key Terms To Know About Online Slot Providers

Key Terms To Know About Online Slot Providers

Besides online casinos offering slot games, there is usually a slot provider or developer that does most of the work. These are companies responsible for the design and mechanics of the game. In addition, they determine how the online game would pay out.

Want to learn more about Slot Providers? Check out our slot providers guide:

What Do Slot Providers Do?

As a player, to truly understand and play each game, you need to know some of the terms these game developers use in designing online slots. In this article, you will learn some of the key terms that slot providers use, and how they apply to you as a player.

RTP (Return to Player)

RTP, which stands for Return to Player, is the percentage a slot machine is expected to return to players over thousands of spins. The standard RTP for most online slots today is around 96%.

For a full guide on RTP and how it works, check out this article:

How Online Casino RTP Works

Volatility

Volatility describes how a slot pays you as a player. Here is how it works:

Low Volatility: Frequent small wins
Medium Volatility: Balanced payouts
High Volatility: Rare but bigger wins; high risk-high reward

When slot providers include volatility, they do this to show players the type of experience to expect from the game.

Hit Rate

Hit rate is another important term that tells you the frequency of a winning combination. A 25% hit rate means, on average, you can expect one in four spins to pay out. This is totally different from RTP, as hit rate only affects frequency, not total returns.

RNG (Random Number Generator)

To make every game as fair as possible, slot providers use RNG, which stands for random number generators, and they make sure of the following:

Every spin is random
Outcomes cannot be predicted or manipulated, even by the gambling site
Games are certified and guarantee fairness

online slot providers RNG (Random Number Generator)

Max Win/Win Cap

This is the highest payout that a player can get from the slot. Developers usually include this for high volatility games, and they range from 5,000x of your stake to over 100,000x in some high-paying titles.