What is RTP in the world of Slots?
What Is RTP Define?
The majority of online casinos have an RTP ratio for slot machines. What does return to player % for? It's basically a percentage indicating the amount you're likely to receive by investing in your stake.
RTP means Return To Player. It is calculated as the amount that players are paid as a percentage of the total amount of money gambled by players.
If you have a lower percentage, you are likely to be losing more money over time when playing a slot in a casino that has more of a percentage. In the other way a lower % will mean the game is more profitable for the casino online and the game studio that hosts the game.
A working example
If the game has an RTP of 97 percent, it means that for every $100 a player gambles on a game, $97 will be refunded to the gambler. The player will lose $3 and the online casino gains $3. A portion of this will be donated to the gaming studio of the casino.
What is the RTP % published on sites?
If you visit Paddy Power games, you can check the RTP percentage for every slot. The stated RTP doesn't mean that they will lose that percentage in that particular session. It is a theoretical Return to Player that is based on statistical models of the game. It is calculated over the long term.
The RNG (also known as a random number generator, is utilized to create the Casino Games. The algorithms that create the results are developed to guarantee the same percentage RTP over a long time.
A number of countries have legalized online gambling. For an online casino to obtain an operator licence, they must provide certified slot games. To allow a slot game be licensed in the country, the game supplier needs to possess a license.
Gaming Labs is an independent testing firm that tests the game of the provider. Part of the testing process is to verify that the Return to Player is correct. This is how a player feels fair.
What is a typical RTP
The percentage varies from game to game, but generally ranges from 94 to 97 percent. Subscribing the to iGaming Tracker will allow you to analyse RTP per game and supplier.
Does this mean that the player Always Loses?
The statistical answer is yes. However, the Return to Player calculation is based on large samples of games. The player could get a winning amount significantly higher than the amount they bet in a single play session. There is a chance that they lose all of the money they staked. The game is played by computers which means you can lose lots of money over the course of time.