Online casinos use the term “Return to Player” (RTP) to describe the percentage of money wagered on a particular slot or game that will be returned to players over time. However, how should that affect your game decisions?
What Is Meant By RTP (Return To Player)?
The term “Return to Player” (RTP) casino refers to the amount of money a casino game or slot machine would typically return to its players. It is calculated from gameplay over a long period and is displayed as a percentage. In essence, RTP is the opposite of the “house edge,” which is the casino’s mathematical advantage in any game.
How Is RTP Calculated?
The RTP of any game can be calculated easily. The formula is easy to understand: divided by the total amount gambled by players, the total amount returned to players. However, because it does not indicate how frequently you can anticipate winning, RTP on online slots, for instance, needs to be more accurate.
Things are clear in games like Blackjack, where you know you will win about half of your bets. On the other hand, slots, which pay out massive jackpots, can pay out less often but much more frequently. Nevertheless, the result—an RTP to players slightly less than turnover—will always be the same over time.
The RTP of casino games is broken down in extensive strokes like this:
- Online Slots: 93-99 percent
- European Roulette: 97.3%
- American Roulette: 94.7%
Other games are harder to figure out because they depend on a player’s strategy. Craps have a variety of bets that can be placed, and Blackjack requires a great deal of skill.
How Do Games At Online Casinos Use RTP?
The best online casinos are powered by a return to player (RTP). They should be able to generate revenue and profit from it alone. Even though that model makes it simpler to explain how a profit margin is implied, even though it is a profit margin, it is very different from a bookmaker’s odds percentage.
How Much Do Slot Machines Pay Out In Percentage?
Because you can gamble your money with slots much more quickly than with many other traditional casino games, RTP is most relevant to online slots. The more play you get for your money in a slot machine, the higher its RTP is. As a result, the return to player (RTP) has evolved into three small letters many slot players look for when choosing a machine to play. As more and more people are voting with their feet, the RTP has become increasingly generous over time. It is a fact that some slots had to be removed from early unscrupulous online casinos because of their abominable RTPs of around 93%. The relatively high return on investment (RTA) of slot machines in real-world casinos is attractive in the modern era. When compared to slots that can be found in online casinos, they frequently perform poorly. Fairly, online operators exclude the few remaining “greedy slots,” which typically make up 95-96 per cent of wagering requirements for new player online sign-up offers and reload bonuses.
RTP In American Roulette
There are two games on both European and American roulette wheels: Bets on the main layout on numbers in a straight-up, slit, row, corner, and street fashion, as well as even-money shots like odds/evens and red/black Bets placed on 2/1 photos like dozens and rows, account for only a tiny portion of the total revenue generated by roulette. On the other hand, when determining their total RTP on an American roulette wheel, each of these betting opportunities receives the same weight. However, the facts are pretty straightforward, and a “double zero” roulette wheel’s RTP on all bets is significantly lower than that of a European version, which has 38 numbers.
RTP In European Roulette
European roulette wheels have a much higher RTP than those in Las Vegas casinos, which are heavily promoted. Even though the difference is only 2.6%, which may not seem like much at first, backing even-money shots and quantifying the various RTPs means that zero will land twice as frequently, and those even-money bets will suffer a complete loss twice as often.
The RTP percentages guide the best betting value across all games and are a handy tool for any serious online casino player. The six online casinos with the highest payouts are listed here, and they all prominently display their RTP across all of their games. Finding the best matches with the highest RTP is a surefire way to enhance your chances of winning more often and guarantee more casino play in the long run. However, the potential of big jackpot games can also be measured by RTP percentages, with “higher variance” slots typically having lower RTP percentages. A low RTP slot is probably where you’ll find a massive payout if you’re looking for one.