When you play online casino slots you might be wondering what the RTP is and how you can pick a great casino that will give you a high return on your investment and good chance.
The return to player (RTP) is the percentage of money wagered by players that goes back to them in winnings. It stands for return to player, a ratio that shows how much winnings you can expect over time. The higher it is, the better!
Casino RTP is extremely important for players who want to ensure that nobody is taking an unfair advantage when they play and are instead provided with a fair playing ground.
Okay, so now you know the meaning of RTP, but how can you use this information? Let´s go deeper on the topic to understand how it works.
How to Know if a Game has a High RTP
Casinos are required by law to post their RTP on all games they offer. RTP is posted on the game's description, so you can easily find it. For example: “This slot machine has an RTP of 97%. That means that for every 100 dollars you bet, you'll get 97 back.”
Be sure to check out the casino's RTP before betting on any of their games. The RTP can vary between 85% and 97%, but there are some casinos with higher rates. If a casino has a low RTP, don't waste your time playing there!
This is important because if you're playing real money at an online casino with a low RTP (like 80%), then your chances of winning are slim and it's unlikely that you'll ever make any profit unless something really lucky happens.
Also note that this is an average figure and does not represent what happens with every spin. Some spins will result in higher payouts than these averages, while others will be lower. In fact, some spins may even result in no payout at all since there's always a chance that no winning combination will emerge during any given spin.
Different Games Feature have Different RTPs
The average RTP (Return to Player) for each game type is listed below:
- Blackjack – 99.5%
- Roulette – 97.5%
- Video Poker – 97.5%
- Slots – 95%
But have in mind that the RTP also depends on the type of bet used by the player
For example, if you were to place a single-zero roulette bet, your RTP would be 97.3%. If you placed a double-zero roulette bet instead, then your RTP would be 97.4%.
The same goes for online blackjack where placing single-deck games will give players an average return of 99% while multi-deck games give players an average return of 98% (and up).
How RTP is Calculated
While RTP may seem like a simple calculation, it's actually quite complex. RTP is calculated based on the theoretical winnings that can be expected from playing a game over a long period of time (such as one million spins) and taking into account all possible outcomes. This number is then compared to the amount you actually win over the same period of time, which gives you your RTP percentage.
- Theoretical RTP: takes into account all possible outcomes and calculates what would hapen if the game were played an infinite number of times
- Actual RTP: only considers how much money was actually won in playtesting sessions with real people.
What is the Difference Between RTP and House Edge?
RTP stands for “return to player,” and it's the percentage of money that players are theoretically guaranteed to win.
House edge is the amount of money that casinos expect to win from players over time. It's calculated by taking a percentage of each bet and subtracting it from 100%, which means that house edges can range from 0% (if there's no house advantage) up to 100%.
Conclusion
If you're looking to play online casino games, it's important that you know what RTP is and how it affects your chances of winning. Remember, the higher the RTP, the better chance that you'll have at winning!
