What is RTP mean?
If you go to an online casino, you'll typically see a percentage of RTP for slot machines. What does RTP stand for? RTP is the simplest definition of a percentage that indicates how much you can be expecting to make from your stake.
RTP means Return To Player. It is calculated by the amount returned to players as a percentage of total amount gambled by players.
A lower % will mean you're more likely be losing money than a slot machine that has an increased percentage. A lower % means that the game is more lucrative for the casino as well as the game studio which provides it.
A working example
A 97% RTP game is that for each $100 that a player invests in a casino game, $97 is given back to him. The player will lose $3 and the online casino will gain $3. A percentage of the $3 will go to the game studio at the casino.
What is the RTP percentage? It's published on Sites
Go to a site such as the Paddy Power games page, you'll see the percentage RTP when you select a slot. However the RTP stated does not guarantee the players will lose that percentage in the course of that. This is a hypothetical Return-to Player model based on long-term statistics of the game.
The Casino Games are developed with a RNG Random Number generator. The algorithms used to create the results are designed to guarantee a specific percentage RTP for a lengthy period.
Online gambling is regulated in many countries. To obtain an operator licence, they have to provide certified slot games. In order to be licensed in the country, a license must be obtained by the game's supplier.
The company must get their game evaluated by independent companies that test games such as Gaming Labs. Part of the testing process is to ensure that the Return to Player is true. This is how a player can feel safe.
What is a typical RTP?
The percentage of players varies from one game to game, but is typically around 94 - 97 percentage. You can analyze RTP by supplier and game through our games database by enrolling in iGaming tracker.
Does this mean that the player will always lose?
The statistical answer is yes. But, the Return to Player calculation is based upon large sample of play. When playing, the player may win an amount far higher than the stake they placed. They may also lose the entire amount they've put in. However, RTP % playing the game of a computer, and in the long run you're likely to lose money close to the RTP.