The online casino world is positively thriving right now, there is absolutely no question about it, and what do you think is the main reason for this? Why, it’s online slots of course! Seriously, the impact that online slots at Pots of Lucks have had on the online casino world, and wider gambling industry, is difficult to overstate.
Indeed, as gambling analysts will tell you, online slot gambling accounted for more than 30% of all gambling revenue last year, and this percentage is only expected to increase as time goes on.
There’s no two ways about it: people just love slot gambling – it’s a given! In reality this isn’t even surprising, because as long as slot developers such as Big Time Gaming or NetEnt are continuing to innovate and create evermore exciting online slots the industry is bound to continue growing exponentially. Something that people often wonder is whether it is more likely to land a job or win at slots, keep reading to find out.
The concept of RTP in slots
In order to answer this question the first thing we have to do is explain how it is possible to work out the odds of winning at slots, as only then can you begin to compare this with the odds of landing a job. Luckily for us, in the online slots industry there is a crucial term called RTP that is an absolute godsend for working out slot odds.
RTP stands for Return To Player, and it is basically a percentage value that tells you what the average amount that you can expect to win back from your stake. The average RTP these days is around 96%, which means that from a wager of £100 you can expect to see back £96 on average. Remember though, this is just an average, it could easily be more or less!
How slot volatility can affect your odds
But here’s the thing: as useful as RTP is for calculating slot odds, it isn’t the only factor that you have to consider, far from it. Another crucial thing to remember here is the concept of slot volatility, something that corresponds to how easy or hard it is to win large or small amounts on a slot, depending on the size of your bets.
Basically, if you are betting with high amounts on a low volatility slot you will be giving yourself worst odds of winning, and vice versa for a high volatility slot. Simples!
What are the odds of landing a job?
Right then, what are the odds of landing a job? Well, it is difficult to really work this one out, as it mainly depends on what kind of job you are seeking. One thing we will say though is that 2020 has not been a kind year in terms of job prospects, so it is harder than it would be normally.
Landing a job vs. winning at slots: Who wins?
In truth it is very difficult to say if landing a job or winning at slots is more likely. Winning small amounts on slots is more probable than landing a job, however the opposite is true if you want large jackpots.
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