Online slot is a game where players spin reels and try to win by lining up matching symbols on paylines that run horizontally across the reels. The games are run on a random number generator (RNG) and are regularly audited to ensure they are fair. Unlike physical slot machines, online slots don’t need to be spun manually, so they can be played anywhere, on any device with an internet connection.

Despite their simplicity, online slots have become highly complex and offer players the chance to win big prizes like jackpots or free spins. These prizes can be anything from a couple of euros to a life-changing amount of money. Players can also find a variety of themes and special symbols to match their personal preferences.

Some of the biggest online slot companies include IGT, Microgaming and NetEnt. These developers offer a huge selection of different online slot games that are themed after popular movies, TV shows and other real-world events. They are also packed with special effects and sound effects that will appeal to almost any player.

One of the most important aspects of online slot is its RTP, or Return to Player. This percentage is determined by the probability of winning on each spin, which is based on how often the slot pays out and its average payout. However, this percentage doesn’t really tell you much about the chances of winning in the short term. It is more important to understand the slot’s volatility, which is how frequently it pays out and the size of its wins.