Best RTP Slots At Michigan Online Casinos
Understanding the concept of RTP or Return to Player is crucial for enhancing your online gambling experience in Michigan. It is a percentage that signifies the anticipated return on a particular slot game over a period of time. Familiarizing yourself with RTP and its influence on your chances can prove to be extremely valuable.
When selecting from a wide variety of online slots to play, it is helpful to consider the Return to Player (RTP) rate. The RTP rate indicates the percentage of money that the slot machine will pay out over time. Typically, online slot machines have a payout rate between 93% and 97%, meaning that for every dollar played, players can expect to receive back between 93 and 97 cents in winnings. However, it is important to note that the frequency and size of these wins are influenced by various factors such as the type of slot, volatility, number of paylines, jackpot size, minimum bet per spin, and more. Nevertheless, focusing on the RTP rate is an excellent starting point when selecting from the multitude of online slots available.
Here, you can explore all the information regarding the highest paying slots in Michigan and beyond.
Casinos with the best paying slots in Michigan
What is RTP for online slots?
RTP, an acronym for Return To Player, signifies the proportion of money wagered on a game that will be disbursed as winnings in the long run. Every slot machine is programmed with a fixed RTP percentage.
The RTP percentages of slots at Michigan online casinos typically range from 93-97%. Generally, a higher percentage is more favorable for players. For instance, if you bet $100 on a slot with a 96% RTP, you can expect to win back approximately $96 out of the $100 wagered.
Nevertheless, there are additional variables at play that hinder the attainment of perfection in this field. The RTP serves as an indicator of the overall payback throughout the game’s lifespan. Consequently, when an individual achieves a significant win, this will be offset by the lack of success experienced by other player(s).
Although a high RTP is favorable for players, it does not necessarily ensure immediate success.
This is because the win frequency of the game is influenced by volatility. Read on for more information.
Highest RTP slots in Michigan and where to play them online
If you’re searching for online slots in Michigan that offer the highest RTP, here is a compilation of several games you may want to consider.
| Rank | Online Slot | RTP | Volatility | Where To Play |
|---|---|---|---|---|
| 1 | Starmania | 97.9% | Low | Play at BetMGM Casino |
| 2 | White Rabbit Megaways |
97.8% | High | Play at WynnBet Casino |
| 3 | Triple Double Da Vinci Diamonds |
97.1% | Medium | Play at DraftKings Casino |
| 4 | Jack Hammer | 97% | Low-Medium | Play at Caesars Casino |
| 5 | Blood Suckers | 96.9% | Low | Play at FanDuel Casino |
| 6 | Imperial Riches | 96.9% | Medium | BetMGM Casino |
| 7 | Dead or Alive | 96.8% | High | Play at Golden Nugget Casino |
| 8 | Divine Fortune | 96.6% | Medium-High | FanDuel Casino |
| 9 | Mercy of the Gods | 96.6% | Medium | Golden Nugget |
| 10 | 5 Treasures | 96.3% | Medium | WynnBet Casino |
How is RTP determined?
To calculate RTP, divide the total money returned to players by the total amount wagered.
Keep in mind that while slots generally have a high return to player (RTP), it can be deceiving. In comparison, games like blackjack have an RTP of around 50%, indicating that you can expect to win approximately half of the hands you bet on. On the other hand, slots have a higher RTP, but the payouts can vary significantly. A slot with a lower RTP might offer a larger payout to strive for.
Certain slot machines have varying return to player (RTP) percentages depending on their bonus features and progressive jackpots. A prime illustration of this is Divine Fortune. The officially stated RTP of 96.6% is only applicable if you engage in the progressive jackpot element of the game, which may necessitate placing maximum bets (depending on the specific game). However, if you choose not to pursue the jackpot, the RTP decreases to a mere 92.5%.
If you don’t intend to play for the progressive jackpot, it might be advantageous for you to choose a different game considering the changes in your odds. For further information regarding progressive jackpots, please refer to the section below.
What does volatility mean?
In addition to RTP, understanding a game’s volatility is crucial. Volatility signifies the level of risk associated with playing the slot and the frequency of wins the game will provide.
Slots with low volatility offer more frequent wins of smaller amounts. The largest prize available is usually not as substantial as in higher volatility games. Nevertheless, there are numerous small victories scattered throughout the gameplay.
At BetMGM Online Casino, you can find low volatility slots such as Blood Suckers (98% RTP) and Triple Diamond (96.1% RTP) among other options.
On the contrary, high volatility slots operate in an entirely different manner. These particular games offer substantial top prizes, and some even boast a progressive jackpot. Nevertheless, it is noteworthy that winning outcomes, regardless of their magnitude, are infrequent and spaced out. Thus, one can engage in these games for extended durations without experiencing much triumph, all the while anticipating a substantial payout in due course.
You can find highly volatile games like Dead or Alive (98.6% RTP) and Cash Eruption (96% RTP) at Golden Nugget Online Casino MI.
Caesars Online Casino offers a range of games with medium volatility, striking a perfect balance between high and low volatility. Among these games are Mercy of the Gods, boasting a 96.6% RTP, and 88 Fortunes with a 96% RTP.
Gamblers in search of a substantial payout usually opt for high volatility slot games. On the other hand, those desiring a lengthier gaming session with minimal losses typically choose low volatility slots. The subsequent table provides an overview of how games with similar RTP (Return to Player) can exhibit significant differences in terms of volatility.
Michigan online slots RTP vs. volatility
| Online Slot | RTP | Volatility |
|---|---|---|
| Fortune Coin | 96.2% | Low-Medium |
| Wheel of Fortune Triple Extreme Spin |
96.1% | Medium |
| Triple Diamond | 96.1% | Low |
| Vegas Night Life | 96% | Medium |
| Bonanza | 96% | Medium-High |
| Double Jackpot Gems | 96% | Medium |
| Total Meltdown | 96% | Low |
| Cash Eruption | 96% | High |
| 88 Fortunes | 96% | Medium |
Progressive jackpots
Progressive jackpot slots have gained popularity in Michigan as well. These slots offer a chance to win an accumulated jackpot prize, where a fraction of every wager made contributes to the growing prize pool, waiting for a lucky winner to claim it eventually.
These can be classified as high volatility since they offer the possibility of a significant payout, but also involve numerous spins with minimal or no payout.
There exists a wide variety of progressive jackpot slots, each with a visible display of the current jackpot prize(s) offered in the game. It is important to carefully review the rules, as most of these slots necessitate placing a maximum bet in order to qualify for the ultimate progressive jackpot.
At FanDuel Online Casino, you can easily locate progressive jackpot games on their selection page, which include popular titles like Divine Fortune, 5 Fortunes, and Mercy of the Gods. These games offer competitive RTP (Return to Player) rates.
Although Bison Fury may have an RTP of only 93.4%, it has still managed to generate the highest online jackpots in Michigan for 2022, making it a highly favored progressive slot game.
Return To Player FAQ
Every online casino must disclose the Return to Player (RTP) rate for every slot game available on their platform. Usually, gaming operators make this information easily accessible in the game’s information section. Additionally, players can also find the RTP information on game developer websites.
The game with the highest RTP can vary constantly due to the continuous emergence of new games. In Michigan’s online casinos, Dead or Alive holds the top spot with an RTP of 98.6% and is frequently played. However, it’s important to note that no game can ever achieve a 100% RTP.
Online slots generally offer higher return to player (RTP) rates compared to land-based slots. The majority of online slots have an RTP range of 93-97%, with anything above being considered a bonus. It is essential to consider any RTP below this range when planning your playing strategy. On the other hand, land-based casinos typically have an average RTP of around 86%, which can even drop into the 70s. This lower RTP is influenced by the higher operational costs that retail casinos face, impacting the players’ chances of winning.
When searching for an online casino that offers the greatest likelihood of winning, popularity plays a significant role. Online casinos have the advantage of lower operational expenses compared to brick-and-mortar establishments, enabling them to provide higher payouts. Moreover, popular operators have the added advantage of being able to prioritize player satisfaction. In the state of Michigan, BetMGM Casino stands out as the clear industry leader, generating more than twice the online revenue of its closest competitors – FanDuel MI and DraftKings MI.
Games with a higher Return to Player (RTP) percentage offer greater long-term payouts to players. However, progressive jackpot games provide the largest individual payouts for those fortunate to win them. In the year 2022 alone, Bison Fury in Michigan awarded multiple jackpots exceeding $1.3 million.