Discover The Best Paying Online Slots Australia Games

Sarah
September 6, 2024
45 Views

In the exhilarating world of online gambling, finding the best paying online slots is paramount to maximising your potential winnings. Our goal is to provide a detailed guide that arms you with the knowledge to choose the top-paying slots, optimise your game play, and enhance your overall online casino experience.

Today, we explore details about slot payout percentages, volatility levels, and provide users with a detailed list of the highest paying games to try online today.

How Do Online Slot Payouts Work?

Online slots operate on a system of symbols and pay lines. Each slot game features a unique set of symbols, typically aligned with its theme. These symbols form winning combinations across predetermined lines. The number of pay lines varies from one slot to another, ranging from a few to several hundred and even into the thousands.

The games are built with advanced software and Random Number Generators. These systems ensure fair game play, with a 100% random result in each round.

Each online slot comes with a pay-table that details the value of each symbol, the lines, and how payouts are calculated. The pay-table helps players understand how different combinations result in varying payouts. Typically, high-value symbols yield more significant returns, while lower-value symbols result in smaller, more frequent payouts.

Criteria for Finding the Best Paying Real Money Online Slots

Casino games are designed with a house edge that favours the casino. It’s how gambling websites earn their revenue. In the industry, these figures are commonly referred to as RTP, or Return to Player.

It’s a percentage that indicates the average amount a slot machine returns to players over a large number of spins. For example, an online slots Australia game with an RTP of 96% theoretically returns $96 for every $100 wagered. So in this scenario, the casino would earn 4%, while 96% is paid back to customers. Remember, the RTP does not guarantee short-term results, it provides an essential metric for long-term payout expectations.

When sitting down to play the best paying slots online, it’s important to understand that the RTP rate doesn’t guarantee that you’ll win, and these figures are calculated over a large number of sample spins. This is why the slot’s volatility is another factor to consider.

To fully understand these principles, we recommend playing free online slots in demo mode or with a no deposit bonus. It provides an excellent opportunity to explore each game’s features without risking real money. It’s perfect for beginners to grasp the fundamentals and test different games with zero up-front risk.

Understanding Slot Game Volatility

When playing online slots Australia games it’s wise to take a little time to learn the fundamentals and terms often used. Volatility, or variance, describes the risk level of a slot game, indicating the frequency and size of payouts. Depending on the slots online, they can fit into several categories, including low, medium, and high volatility.

  • Low Volatility Slots: Low variance games are considered a safer option, and better suited to beginners and those seeking to take less risk. Real online pokies such as Diamond Shot Blitz by NetGame provide frequent but smaller payouts, making them ideal for customers seeking steady gaming.
  • Medium Volatility Slots: These games are the next step up, offering the chance to win more money, but with a higher level of risk. Many slots, like Cai Shen 689 fall into this category. They offer a nice balance between risk and reward and deliver moderate payouts with decent frequency.
  • High Volatility Slots: Also known as high variance casino games, these titles are considered the best paying online slots with the chance to win big prizes. Games like Blockchain Megaways cater more to high-rollers and thrill-seekers. These slots deliver significant payouts, albeit less frequently, and require a more substantial bankroll.
best paying online slots Australia paytable

30 Highest Paying Australian Slots Online

After a great deal of research, we’ve curated a list of the best paying online slots for real money games. All titles in the table below are available at the best Australian online casinos and deliver excellent value, with high RTP’s over 96.5% and the opportunity to win up to 2,000x or more from a single spin. For easy navigation we’ve ordered this list of the top online pokies from the largest to lowest maximum win.

Slot GameSoftwareRTP (%)Maximum WinVolatility
Blockchain MegawaysBooming Games96.5%40,320xHigh
Lady Wolf Moon MegawaysBGaming97%27,000xMedium
Detective DonutPopiplay97.22%25,000xHigh
Mystic WreckCT Gaming97.50%25,000xHigh
Super Cash DropBang Bang Games96.60%20,000xHigh
Cai Shen 689Felix Gaming96.83%18,000xMedium
WildPopsAvatarUX Studios96.80%17,707xHigh
Sweet Rush MegawaysBGaming96.69%12,960xHigh
Egypt King Book HuntSwintt96.58%10,000xMedium
Dragon WishSpade Gaming96.80%10,000xMedium
Cherry BoomOnlyPlay96.60%9,604xHigh
MegaHops MegawaysBooming Games96.70%8,971xHigh
Wilhelm TellYggdrasil97%7,500xMedium
TNT BonanzaBooming Games96.60%6,500xMedium/High
Classic FantasticBooming Games97%6,311xMedium/High
Book of SymbolsGamzix96.50%6,000xHigh
Brave VikingBGaming97.09%6,000xMedium
Inferno Diamonds 100Fugaso96.50%5,000xMedium/High
GemhallaBGaming97.17%5,000xHigh
Arctic Coins Running WinsFugaso96.70%5,000xMedium/High
Dog & TailsGamzix96.50%5,000xMedium
The RiotMascot Gaming96.70%5,000xMedium
Irish FrenzyBlueprint96.50%5,000xMedium/High
Mega Booming Diamonds1Spin4Win97.20%4,500xHigh
MoneyfestPopiplay96.72%4,250xHigh
Dwarf MineYggdrasil96.80%3,904xMedium
Wild Wild BankPopiplay96.95%2,800xMedium
Joker ExplosionWazdan96.50%2,305xLow/Medium
Bell WizardWazdan96.50%2,300xMedium
Diamond Shot BlitzNetGame96.77%2,000xLow

Summary

Looking at the list above gives an excellent starting point for Australian online slots players. Understanding how online slots Australia payouts work involves a detailed look at symbols, paylines, RTP, volatility, and bonus features. By choosing best paying online slots, leveraging bonus features, and employing smart betting strategies, you can significantly enhance your chances of winning. Remember to play at reputable online casinos and always gamble responsibly for the best gaming experience.

Author Sarah

Sarah is a passionate content writer, researcher & online gambler. Over the past decade, she's worked in the iGaming sector and specializes in online casino games, sports betting, and poker. In 2024 she leads the content team at 247Pokies.