What Does RTP Define in Slots?
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What exactly does RTP refer to?
If you visit an online casino you will often see a RTP % for slot machines. What does RTP mean? RTP is essentially a percentage that indicates how much you can be expecting to make on your investment.
RTP means Return To Player. It's essentially the percentage of bets that players have placed that is returned to them.
If you have a lower percentage, you are likely to lose more money over time than a slot at a casino with more of a percent. Looking it at it differently, having a lower percentage could mean the game will be more lucrative both for the online casino and the game studio who supplies the game.
A Working Example
If the game has an RTP of 97% , it means statistically for every $100 a player is gambling on, $97 is returned to the gambler. The player loses $3, and therefore the casino online will win $3. A portion of $3 will be deposited to the game studio of the casino.
What is the RTP % published on sites?
Visit a website such as the Paddy Power games page, you'll see the percentage RTP when you select the slot. It is not possible to lose the stated RTP during the session, however it does not mean they won't. It's a hypothetical Return to Player modelled on the basis of statistical analysis of the game. It's calculated over the longer term.
The Casino Games are developed with the aid of an RNG that is a random generator. The algorithms that create the results are developed to guarantee the same percentage RTP over a long period.
Gambling online is legal in a variety of countries. Online casinos need to be licensed to provide certified slots games. An operator licence is required in order for a supplier of games to be certified in the country.
The seller must get their game tested by independent companies that test games like Gaming Labs. The testing process involves checking that the Return to Player is true. This makes sure that the game will be fair for the player.
What Is A Typical RTP?
While the percentage can differ between games, it is usually between 94-97 percent. You can study RTP for each game and supplier by subscribing the iGaming tracker.
Does this mean that the player always loses?
The answer to this question is statistically. However, the Return to Player calculation is based on numerous samples of playing. In a session of play, the player can receive a winning amount that is higher than the stake they placed. The player could also lose the entire amount they staked. However, you are effectively playing a game on a computer and in the long term are likely to lose money that is close to the RTP.