Understanding the technical information about RTP slots and other casino activities helps to find ways to calculate the possible outcomes and profit from them. Return to player is one of the key characteristics of any casino game because it displays how much players win in a particular game.
The RTP meaning for casino websites is about showing the ratio between the amount of money players spend on wagers and the payouts they get by winning. As the gambler, you have to consider this a key slot feature and always check for its rate. The higher the RTP rate is, the more chances you have to place a successful bet.
For reference, modern casino slots from different providers usually have a return to player rate of around 95% with some deviations. However, other features like volatility and odds also play an essential role in choosing the right slot to play.
To calculate RTP, you need to take the overall cash amount gamblers received from the pokie (let’s say it’s $10,000) and divide it by the amount they gambled (say $9,000). In the end, you’ll get 0.90, but the number is usually represented in percentage, that is, 90%. Even though it might seem a bit overwhelming to deal with all the numbers and percentages for a newcomer, it is indeed rewarding to have knowledge about the way casinos work.
Fortunately, you only need to know what the RTP casino rate is and do not have to calculate the RTP rate for the slots on your own. The system of online gambling platforms usually provides the official statistics for every activity from its developer. The return to player rate value comes from all the money that players wager on the slot divided by the amount of profits they get from it in winnings and multiplied by a hundred. You will find that it is more common to display this number in percent and not a ratio.
It is also worth mentioning that the data about the RTP rate of the particular slot is not fixed and it can change over time because the providers have access to tweaking the winning odds for their games. Moreover, it takes some time for the system to collect the new data about wagers and payouts, so the rate is not always perfectly relevant.
A casino’s RTP depends not only on the software provider but also on the type of the gambling platform itself. In fact, technical characteristics of the slots in land-based and online casinos have significant differences, which can be a turning point for some players.
As we have already mentioned, the typical RTP for an internet casino is anywhere within 95% to 97%. Of course, there are some deviations on either side but it is generally a very pleasant feature. In fact, it means that for every 100 coins wagered gamblers win 95 to 97 coins back on average. As with all statistics you cannot expect it to work perfectly for every single bet, but you will definitely feel the difference in long-term gambling.
With land-based casinos you will find that the return to player rate for the slots there is from 75% to 85% on average. The main reason for RTP being so low in real casinos is that they have to pay for the maintenance of the slot machines, the rent, and the services of the workers.
RTP meaning for gambling is crucial when you are on the fence about what platform to choose. In fact, this is one of the reasons why players consider online gambling more appealing nowadays.
To be able to use RTP for gambling you need to know about additional nuances of different fruit machines that make the gameplay more unpredictable. Let’s go over two main types of slots and their features.
This type of fruit machine is more common for the slots you can find in land-based casinos. The basic idea about these machines payouts is that it has a set ratio for the frequency of giving its players the winning combinations. It is usually somewhere between one lucky combination for 10-15 spins. This way the RTP rate is more obvious even on a smaller scale because the slot itself “knows” when to payout.
The main difference of this type of technology of return to player rate is that every spin is treated separately and the outcomes of the wagers have no influence on each other. These machines use the system of random numbers generators to calculate the combinations. It might seem that the random mechanics of return is much worse than a “compensated” one but do not make wrong decisions. According to statistics, online random slots are more profitable for the players.
In order to start gambling with the RTP of the highest value, you need to know about the best providers of slots for internet casinos. The ratio of wagers to payouts of a particular game depends only on its developer.
Austrian company entered the gambling industry back in 1980 to create fruit machines for land-based casinos. Now it is one of the biggest software providers for online gambling platforms in the world. As for the RTP rate of its slots, its value stays within 93.9% to 96.9%.
Microgaming is an exceptional example of a great software provider of the gambling market. IT was established in 1994 and pioneered the technologies for internet casinos. For now, it has as many as 12 games with RTP that is higher than 97% with the highest value of 98%.
Great design solutions with convenient and simple interfaces make a great complement to the high RTP rates of the provider’s slots. Yggdrasil can also boast a fruit machine with a return to player rate of 98%.
The company has a rich history and 24 years of experience. Its products have an exceptional reputation among gamblers regardless of the website they use. Fifteen slots with a return to player rate higher than 97% and hundreds of other games that are not less attractive make the selection of developer’s casino activities stand out among others.
The company arguably offers the best RTP slots considering that the assortment includes 20 slots with RTP over 97%. The company has top-notch software that is used by the majority of the internet casinos so it does not have to boost the return to player ratio to gain traction and recognition.
We have already answered the main question, what is RTP on a slot machine? But as you now know, it is not the only feature that determines the profitability of casino games. Let’s compare RTP to volatility to find out the main differences.
All in all, you should pay attention to both values while choosing a slot to play. A combination of these features gives the most relevant data about the profitability of the casino game.
After figuring out what RTP in slots is and its average values across gambling platforms it is essential to compare it to other casino activities like roulettes and some card games.
Among all the types of roulettes, this one has one of the highest casino or house edges due to the gameplay mechanics. Players lose money if the ball lands on a zero mark after the spin and considering the fact that there are double-zero segments on American Roulette, the chances of losing are higher. However, the RTP rate is still very acceptable with a value of 94% on average.
The availability of only a single double-zero mark makes the house edge slightly lower for this type of roulette. In fact, the RTP rate is usually very high for the European Roulettes with a value of around 97%.
This is a completely different casino activity where players do not rely only on their luck. The use of strategies and special charts for building tactics increases your chances to win or at least break even. Blackjack is one of the activities where the casino does not have almost any edge on the players just because you can actually win by using your skills. Even though the RTP rate does not matter that much for card games, we will state that for Blackjack it is usually around 99%.
Bingo is quite an opposite casino game in terms of the RTP rate. Considering the randomness and the amount of winning combinations, it is fair to say that this game has quite a low RTP rate of around 75 % to 85%. However, it does not represent the profitability of the activity very clearly.
Even though some casino games have lower RTPs, you can always use winning strategies or apply bonuses to increase your chances of making your bankroll bigger.
Casino RTP values represent an important characteristic of its slots and games. As a player, you should always take advantage of this information to choose only the best options.
It is a ratio between the wagers and payouts of the particular slot.
The article mentions some of the providers that offer top-notch slots with high RTPs.
Variance represents the ratio between the value of possible winnings and the frequency of their winning.
Card games have the highest RTP rates, whereas lottery and Bingo have the lowest ones.