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What Is Slot RTP & Volatility?

If you find yourself already well versed in slots RTP and volatility you may want to continue scrolling to find a list of the best games that suit your preferences. However, if you are just getting started with slots and online gambling, we are going to put you on the right track to understanding the game and finding your favorite slot machines.

While it may seem like a game of pure chance, which is true to an extent, certain slot machines are better than others depending on the type of player you are. At Viabonus we provide you with the most up-to-date information so you can optimize your gambling experience.

Let’s jump straight in and clarify terminology, what to look for, and cover some of the best slots available in Canada.

Understanding RTP In Canada

RTP stands for “return to player” which is expressed in percentages and implies how often the game pays out in real money casinos. It is also commonly referred to as payout percentage.

It shows how much money goes to the player in comparison to the house edge. Not only does this apply to slots but it is also used in other popular games such as blackjack, craps, roulette, and more.

For instance, if a slot RTP is 97% this means the player should get $97 for every $100 played. The other 3% is the house edge and is pocketed by the casino. Most slots fall into the RTP range of about 92%-99% but we highly recommend seeking slots that offer a 95% payout percentage or higher.

A higher RTP gives you more return for your investment, makes your money last longer which extends your play time, and gives you more chances to hit that jackpot.

RTP in Online Casinos vs. Land-Based Casinos

While we thoroughly understand the appeal of walking into a casino and strolling over to the rows of slots to sit down at your favorite machine, online casinos offer certain advantages that don’t come with land-based casinos.

Online casinos don’t carry nearly as much overhead cost as normal casino facilities which gives them more flexibility when it comes to staying in their margins. This greatly benefits you as this translates into more frequent payouts and higher RTP.

It’s common for Online casinos to offer higher payout percentages as an incentive to attract new players and compete with other sites.

Another advantage you have when playing slots at online casinos in Canada is that they are not limited by available floor space. As a result, the variety of slots offered by online casinos are nearly endless, and with that comes varying RTP’s. This means you can jump between slots, using the slots RTP to your advantage and only improving your chances of winning.

How To Find the Best RTP

As you can see it’s crucial for success to be on the lookout for the highest slots RTP you can find when playing slots. Luckily it shouldn’t be hard to find when playing at the best online casinos in Canada. As we mentioned, casinos often use RTP as an incentive for players and therefore they are clearly advertised.

It may be marked on the icon or ad for the slots you want to play, or it’s as simple as selecting the information button for a rundown of the game and payout percentages. While there are various other aspects to consider when choosing an online casino to register with, finding a high RTP shouldn’t be difficult. Canada is notorious for offering some of the best payout percentages when compared to heavy gambling regions like the United States.

Slot Volatility

The term volatility of slots is used about how often online slots payout and how much risk is involved when playing a specific game. Now while highly volatile slots may sound on par with toxic waste and as though they are something to be avoided, this is not always the case. It comes down to the type of player you are and your preferences.

Slots with high volatility do indeed have more involved risk yet they generally offer the chance to win bigger. These slots tend to pay out in smaller amounts and/or less frequently the majority of the time.

Now in the short term, this may not sound appealing but in turn, this causes the jackpot to increase quicker, and payout less often. Which means huge jackpots. If you’re all about taking risks for the big wins this might be your game of choice.

On the other hand, low volatility slots pay out more frequently and in relatively small amounts. They may still have some decent jackpots or bonus winning but generally speaking it will be significantly less. If you find yourself playing for the entertainment value and to have fun for as long as possible, stick to slots with low volatility.

Always check how volatile slots are before you play. Similar to the slots RTP, the slot volatility should be listed in the same fashion.

Do I Choose RTP, Volatility, or Both?

Now that you understand a bit more about RTP and the volatility of slots, let’s look at how you can use them to your advantage and find the slots that are best for you.

You may have already concluded that slots with high volatility have lower RTP and vice versa for slots with higher RTP, this is not entirely accurate. While this assumption can be correct in some cases, there is no hard and fast rule about the relationship between RTP and volatility.

The trick is to find a balance that suits you. You’ll want to look for the highest RTP possible based on the volatility level you prefer. If you enjoy low volatility slots with long play times and more frequent winnings, however small they may be, you might still be able to find a hidden gem that offers substantially better jackpots than others.

On the other hand, some high volatility slots with big jackpots may offer a relatively high RTP. Now, this doesn’t mean they are paying out jackpots left and right, but it does mean you can expect a decent return on your stakes.

Just think of yourself as the goldilocks of slots. Keep searching and keep playing until you find slots that are just right.

The Best Online Slots in Canada

While a casino with a high payout percentage is not a bad place to start, this can be an average for all games. Be sure to dive deeper and check the statistics of the individual games you will play and your favorite slots.

At Viabonus we have put together a list of the best games to look for when choosing an online casino. Whether you’re after high RTP, high volatility, or slots with low risk, you’re sure to find a new favorite in our list of recommendations.

Slots with High RTP

Top 7 Online Slots RTP Return to Player | Viabonus

We have put in the research and compiled a list of the slots with the highest RTP in Canada. As we mentioned previously, if you prioritize high RTP then we don’t recommend playing any game under 95%. That being said, don’t be surprised to find some games nearing 99% in our list of the top-rated slots.

  • 1429 Uncharted Seas-

    • This game produced by Thunderkick is littered with ships, marine life, and of course treasure. With an RTP of 98.5% you’re sure to do more than just tread water with these slots.
      • Bet on up to 25 pay lines at a time
      • Match 5 mermaids in a row for a payout 50x your stake
      • Land a minimum of 3 consecutive symbols on a win line
      • Easily receive 10 free spins but land 5 scatters and get up to 50
      • The wild symbol is the ship which shows on reels 2, 3, and 4
  • Kings of Chicago-

    • This video poker-themed slot offered by NetEnt is sure to deliver hours of fun. Comin in with an RTP of 97.8% the risk is low and your money goes far.
      • Play with standard video poker rules needing at least a three of a kind to win but the wild jokers keep gameplay fresh and exciting
      • Play up to 5 hands for each spin
      • Land scatter wins to receive free spins or even substantial cash prizes
      • Perfect for poker fans who want to try their hand at slots
  • Bloodsuckers Slot-

    • The ever-growing popularity of vampires hasn’t failed to reach the world of slots. Not for those who are easily frightened, the Bloodsuckers slot by NetEnt lands on our list with an RTP of 98%
      • There’s no huge jackpot in sight but the high payout percentage will keep you winning frequently and playing for hours
      • Holds a 5-reel, 3-row platform with the chance to play up to 25 lines per spin
      • Win up to 1014 x your stake
      • Vampire hunting, wilds, free spins, and other bonuses. What more could you want?
  • Mega Joker Slot-

    • NetEnt makes the list yet again with Mega Joker Slot. Holding a whopping RTP of 99%, progressive jackpots, and seamless gameplay, this slot is easily one of the best around.
      • The progressive jackpot means the money is added as you play, increasing your own chance to win more.
      • Play up to 5 pay lines at a time, bet more to unlock more lines
      • Featuring a super meter mode that can be played in the upper reels for higher payouts
  • Monopoly Big Event Slot-

    • Monopoly comes to the slot machines. But this one won’t end friendships or break up families like the classic game. Designed by Barcrest, this slot has a variable RTP that ranges from 96%-99% and can change during gameplay.
      • Gain Rewards for finding characters from the original board game
      • Work towards amassing your properties unlocking bonuses, multipliers, and more along the way
      • Play up to 20 lines per spin with bets ranging from .01-20 coins per line
      • Unique payouts for the character symbols can reward you with 300x, 500x, 1,000x, or even 2,000x your stake

Slots with High Volatility

Find yourself chasing those big wins and have the bankroll and patience to do so? Then this is the list for you. These high volatility slots may payout less frequently but when your turn to win rolls around, it will be worth the wait. Check out some of the best high volatility slots in Canada.

  • Game of thrones-

    • You know nothing, Jon Snow. Well, luckily, you aren’t Jon Snow and you do know something about slots now. With the hordes of fans the television show has gained it’s no wonder that the iron throne should make an appearance in online gambling, and it doesn’t fall short. The game includes all of the favorite houses from the series, each rewarding you with a different payout. Landing house Baratheon on the free spin holds a huge payout of 20,000 times your stake
  • 300 Shields-

    • This may not be Sparta but this slot game packs a powerful kick. Being quite high volatility may mean you need to put in the time and money but if you’re lucky enough to win big it’s worth the wait. Featuring a 300x multiplier, following the aptly named title, that will reward you with 17,000 times your stake. When we said highly volatile slots offer big payouts, we weren’t joking.
  • Book Of Dead-

    • Pay’n GO has made a name for itself offering high volatility slots and Book of Dead lives up to the reputation. Sit back and enjoy the sharp graphics portraying ancient Egypt while you wait for the big win. While the maximum payout is 5,000 times the stake, additional features and bonuses such as unlimited free spins make this game a favorite.

Low Volatility Slots

While the temptation of huge payouts and big jackpots is apparent, it may not be for you. If you find yourself enjoying the thrill of winning regardless of how much, then these slots might be for you. For more frequent winnings and some relatively small but decent jackpots along the way, the best low volatility slots in Canada are a great place to start.

  • Enchanted Garden II-

    • Perfect for fans of sci-fi and fantasy, Enchanted Garden 2 can offer endless fun with low risk. From fairy princesses to unicorns, developer RTG hasn’t held back on the visual aspect of this slot and it shows. This game holds a classic 5×3 reel layout with up to 25 lines.
  • Starburst-

    • This slot has been a favorite for years and for good reason. Win plenty of small stakes along the way as you enjoy the fast-paced, flashy gameplay. Similar to others this slot has a 5×3 structure with up to 10 lines but you can win both ways. You can match symbols from the left or the right.
  • Thunderstruck II-

    • For any fans of Norse mythology, this might be your new favorite slot game. Play with your favorite gods such as Thor and Loki in this 5 reel slot platform. This slot has 243 permanently enabled winning ways which means payouts are not hard to come by.

FAQ -Slots RTP and Volatility

Most Frequently Asked Questions about Slots RTP and Volatility

 

It really comes down to personal preference and what type of player you are. Firstly choose a game that you truly enjoy playing. Following that you’ll want to find a high RTP, we recommend looking for slots that are at least 95% and higher. Lastly, have a look at the slot volatility level of the game to see if it suits your preference.

 

These should be clearly marked and easy to find. If it’s not immediately apparent you may need to find the game summary or information icon.

eCogra is also an excellent reference site for game information.

 

This can vary depending on what you like and the release of new titles. Some of the best slot’s we have found in Canada include-

  • 1429 Uncharted Seas 
  • Kings of Chicago
  • Mega Joker Slot
  • Monopoly Big Event Slot
  • Bloodsuckers Slot
  • Book of Dead
  • Game of Thrones
  • 300 Shields
  • Starburst
  • Thunderstruck II 
  • Enchanted Garden II

As long as you choose a safe and reliable site, determining which one is best will primarily come down to your personal preference.

You will want to compare various features such as security, bonuses, payout speeds, viable payment methods, and more. See our guide above on how to choose the best sportsbook for more details.

At the beginning of this article, you can find a comprehensive list of the best sportsbooks in Canada. All you have to do is choose your favorite.

This depends on what you prioritize and how you like to play. High volatility slots tend to offer bigger jackpots and more chances to win big although the smaller payouts may be less frequent when compared to low volatility slots.

High volatility slots are a good choice for players who can be patient, play the long game, and want the chance for a big payout

RTP stands for ‘Return to Player’ and is expressed in a percentage. This percentage represents how much return you will see based on your total stakes over time. 

For instance if a slot has an RTP of 98%, on average you will win $98 for every $100 you bet.

Conclusion

Now that you understand RTP and the volatility of slots when it comes to online gaming, all that’s left is to make your pick and place your bets. Whether you want to chase the big win with a slot like Game of Thrones, or sit back for some casual gameplay and enjoy the scenery in the enchanted garden, that’s up to you.

At Viabonus we provide you with the most up-to-date and in-depth information there is so you can enjoy all the benefits of our hours of research without the work. We will keep our list of the best slots up to date so be sure to check back in the future.

By now you’re probably ready to hit the slots and put your newfound knowledge to the test, and we won’t keep you waiting.

the author

Cam Hookey

Author

the author

Cam is a writer and entrpreneur that has a keen interest in iGaming and Web3 technology. His passion lies in bridging the gap between new technology and unwary consumers. Along with his team of passionate writers and clients, Cam seeks to shed light on upcoming tech ideas and the implications they have on various industries.