If you like to play online slots, you probably understand that all games of chance are all about the odds. If your odds of winning are better than the payout odds, you'll come out ahead in the long run. If not, you won't.

Of course, an online casino isn't going to survive long if they let their customers have the best odds. However, players can make an effort to keep the odds against them as low as possible.

In online slots, the important stat to know is payback. An online slots payback is the amount of every dollar returned to the players.

The inverse of the payback is the House edge. For example, if an online slot machine has a 94 percent payback, it means that over time, it pays out 94 cents of every dollar taken in. By subtraction, we can see that this means it keeps six cents out of every dollar, meaning the machine has a House edge of six percent.

An online slot's payback won't necessarily be plastered across the front of the screen. However, some online slot experts have done the research for you and can help guide you to the most favorable machines in terms of payback.

In addition, if an online slot is highly favorable, the site probably will let you know. Expect that the fancier the machine is, the less favorable you can expect the payback to be. If possible, you should avoid machines with payback of less than 90 percent. Ideal would be to find a game that pays back 99 percent or more.

Even slots without the best payback percentages may have something to offer. They may come with the ability to earn bonus money just by playing.

They may be tied to a progressive jackpot, which if you hit it, will give you life changing money and make you an online gambling winner forever. There are a lot of choices out there when it comes to online slots. Take the time to find the one that is right for you.