RTP is something that you've likely heard a lot if you have been playing slots for any length of the past or just watched streamers play online. Even if you have no concept of what it refers to it's clear that this obscure RTP is a key element for slot machines. We'll cover everything you need to know about how it's linked with slots and how it might affect your decision on which games to play.
RTP in a Nutshell
RTP is the abbreviation for Return To Player and it describes the amount that a slot gives back to players after a long number of spins. It's typically expressed in percentage. A slot with a RTP of 97% would pay EUR97 for each EUR100 it receives. This info explains in essence the amount of money you'll lose in a slot game.
This figure is calculated by using a large number of spins, often millions. So, over a short period of just a few hundreds or perhaps a few thousand spins, everything can occur, which is the reason slots are so exciting. It would be boring to play a game where you pay for EUR95 for 100 spins.
RTP in Slots A Complex Mathematical Behind The Scenes
It can be difficult to determine RTP for machines that are slot-based. Game developers should be able to comprehend the complexity of complex games featuring a variety of options and paylines.
In a nutshell slots are always programmed in a way to return a percentage of the total money that goes into it. RTP rate of the RTP may differ, which will be discussed shortly however, at the end of the day, a slot that has 98 percent RTP will return more than 98 percent of the money put into it over an infinity of spins.
Variance and RTP Two very similar, but distinct things
RTP is often mistaken for variations in games (and the reverse is also true). The two concepts are often confused, even though they appear be in close proximity. We've already explained Return to Player and what it means in a nutshell. Let's discuss a variant.
Variance simply refers to the way in which a game's RTP can be achieved. The games with lower variance are likely to have lower percentages of hits more frequently, which can help you keep on top of your game and enable players to enjoy more games without risking funds. High variance games usually have a higher RTP and could provide huge wins. However, to compensate for the big wins, these slots don't have as many small to medium-sized wins as the main game.
It is important to note that not all high RTP slots are good for your money. In general, slots that have higher RTP are always a better choice than the ones that have an lower percentage. However, if your game of choice is highly volatile, you can go through many thousands spins before you get close to true RTP.
Which is more likely to have a higher rate of return online or land-based slot machines?
Many players who move to online slots from traditional casinos or play online and brick and mortar casinos eventually conclude that online slots seem to perform better. While there are numerous false notions about gambling, this one isn't.
Slot machines online are, in most cases much better than traditional ones.
Online slots, even though they are the exact same game, offer a significantly higher RTP. Most land-based machines come with a return ratio of 70% to 90 percent. The few slots that do surpass 92 percent. Online slots with a return rate below 94% or 95% are generally regarded as to be bad. Many of the newer games boast RTPs that are in excess of 96%..
This isn't a brick and mortar conspiracy, though. Because the slots in physical venues are less profitable than casinos that are located in the land which means they are required to earn more money from their physical machines they have on their floors in order to pay for expenses and generate profits.
Online casinos, on the other hand, may offer hundreds, or even thousands of gaming machines to play at any time, with no physical restrictions. This means they can offer games with higher RTP.
The Truth and Myths about RTP in Slots
In this final article to conclude, we'll go over some of the facts and myths regarding RTP in slot machines. The players have come up with a variety of ideas over the years concerning RTP. We'll attempt to eliminate the most common ones.
RTP can be modified by casinos on the internet.
This is not true. Casinos online don't have the slot machines they provide for playing. Online casinos lease slot machines of game developers. The majority of games are hosted on servers owned by the developers. This means that they aren't able to alter the settings of the game such as RTP. While there are a few providers which offer a variety of RTP options (such such as Play'n GO), casino's cannot alter a random game at their discretion.
RTP is totally irrelevant for one session.
It is true, but also false. While everything can happen in one slot session, and the in reality, the RTP of the game isn't likely to be reached regardless However, this information isn't as significant. A slot that has 96% RTP is more popular than one that has 85 percent RTP. Both are win-win games but you'll win more frequently playing the higher RTP game.
Progressive jackpots may affect the actual RTP of a slots.
It is the case in almost all instances. Although progressive jackpot games may advertise a 94% RTP, a portion of that RTP is often realized by progressive jackpots. This means that the RTP will likely be lower than the 94% advertised except if you actually win a jackpot.