What Is RTP What Does RTP Mean?
Online casinos typically have an RTP percentage for slot machines. What does RTP mean? It's basically a percentage that indicates how much you're likely to earn from your stake.
RTP means Return To Player. It is the percentage of total amounts played by players, which are returned to players.
If you have a lower percentage, you're more likely to lose more money over the course of your time as opposed to a slot machine with more of a %. If you look at it from the other side, the lower percentage will mean the game will be more lucrative for the online casino as well as the game studio who supplies the game.
A Working Example
If a game has an RTP of 97% , that is statistically that each time a player is gambling on, the casino will return $97 to the player. The casino on the internet will earn $3 as the player loses $3. A portion of the $3 will be used to fund the gaming studio in the casino.
What is the RTP percent? It is published on Websites
You can view the RTP percentage when you choose an option on a Paddy Power Games page. The advertised RTP doesn't mean that they will lose the percentage during the current session. It's a theory Return to Player determined by statistical modeling of game over the long-term.
The RNG, or random number generator, is used in the development of Casino Games. The algorithms employed to create the outcome are designed to guarantee a specific percentage RTP for a long time.
Many countries have legalized internet gambling. For an online casino to obtain an operator licence, they have to provide licensed slot games. To be licensed in that country, a license must be obtained by the game provider.
The company must get their game evaluated by independent companies that test games like Gaming Labs. It is vital to check that the Return-to-Player is accurate. This makes sure that the game is fair to the player.
What is a typical RTP?
Although the percentages can vary from one game to the next however, it's usually between 94-97 percent. By signing up to the iGaming Tracker, you will allow you to analyse RTP per game and supplier.
Could this be a sign that the player always loses?
Statistically yes, the gambler will lose, however the Return To Player is a calculation based on large sample of playing. In a game, the player may get a payout that is greater than the amount they staked. RTP % could also lose all the money they put in. It's a game played on a computer which means you can be losing a lot of money over the course of time.