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Payout percentages and hit rates
Payout percentages (known as RTP or Return to Player) are theoretical figures which tell you how much the slot pays out, in comparison to stakes. By contrast, hit rates tell you how often a slot machine will dish out a winning combination.
Playable paylines
How many lines should I play on a slot machine? It is a good question. The more paylines you have, the more likely you are to win money. However, cash prizes tend to drop in value the more paylines are active. There is no pre-determined number of lines.
A $25 slot machine, for instance, could have anything from 5 to 117,649 lines.
Coin denominations
Do higher coin denomination slots player better? Again, not really. The amount you bet (and the coin denomination you set) will play a part in how much you can win, but those winnings will be paid out at the same rate as with a small-value bet.
A £1 bet at 1,000x will pay out £1,000, and a £10 bet at the same rate pays out £10,000. In both cases, you can still win a thousand times your bet.
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Slot volatility
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Slot volatility also plays a part. Volatility (or variance) tells you how often a slot pays and the kinds of winning you are looking at. Standard slots are medium variance. Low variance slots pay out winnings regularly, but they are small sums. Highly volatile games pay out vast chunks of cash, but only rarely.