What is the return rate at online casinos (RTP)?
If you’ve ever played at an online casino and would like to do your fair share of calculating your odds of winning – then you’ve come to the right place! In this article we will explain in detail what Return to Player (RTP) is.
We will also answer questions such as “How can you determine and subtract RTP?”, “Why do operators change their RTP?” and many others.
What is RTP?
This is one question that can be answered in one sentence, but it might just raise more questions. First of all, you should know what is behind the acronym RTP. In theory, it stands for “Return to Player” . Although the “theoretical” part is sometimes overlooked, it is extremely important, and here’s why.
Let’s say that a new slot machine has just been released and the first ten spins were run by ten different players. The developer promises 98% RTP, and these ten players spent €10 each. So we get a total of 10 unique players, each spinning once and paying €10, making the cumulative investment €100 so far. It can also happen that all players win something, or that only half of them get more than they spend, and the others lose.
How is the RTP for a slot machine determined?
The RTP in slots is calculated by combining the total number of wins against bets and the internal advantage. Every RTP can be calculated in the same way. Of course, RTP is a theoretical idea designed to help you choose a casino game in which you have a decent probability of winning.
RTP percentages are heavily influenced by online slot laws. When looking at the list of online casinos, keep in mind that the online casino sector is governed by a set of laws and regulations.
Payouts at the casino: what does the RTP rate depend on and how to calculate it?
Every gambling game you find in a casino will have a payout ratio associated with them. Basically, the RTP is a long-term bet of how much money will be paid out to players, divided by how much was put at stake.
The RTP can be anything, but is usually above 90% for most casino games. The remaining percentage is considered the house edge, so if a game had an RTP of 90%, 10% would be the house edge that that particular game will have in the long run.
How do you calculate the RTP?
When it comes to playing slots at betwinner online casino, calculating the player’s return is quite simple. You can follow a simple formula and this will help you get the value. To calculate it, you need to divide the total amount that players get back by the total amount that they used to play the game.
However, one thing you should keep in mind is that slots that are played with huge jackpots will pay out a much smaller amount of money compared to slots that are played in smaller numbers.
Can operators change or adjust the RTP on slots?
You have to keep in mind that most casinos do not develop their own games. They will add games from third-party software developers. This is why you may see the same games on different sites.
The developer develops the mechanics of the game and builds a certain RTP into any of their games. But casinos can change it if they want to.
How to find a casino with a payout: the relationship between win rate and RTP
The most important thing to remember is that you cannot manipulate the outcome. There are strategies in games like poker, roulette, dreamcatcher and blackjack, but they never guarantee that you will win in the end. When it comes to slot machines, the only thing you can do is control the amount you bet.
You can always play new games online by playing them for free, and when you decide it’s time to move on to real money gambling, find a casino that is licensed. Licenses assure you that the RTP you are promised is guaranteed and that your money is always safe.