Knowledge is power! This applies to the world of gambling, too! Top players know it perfectly, and the newbies should get it as fast as they can. Playing with real money, without understanding the games well could spell disaster in no time. To help you get up to speed, this time we will explain you what RTP in gambling means. Return to Player can affect your winnings in different casino games and could show you which is the right slot for you. How? Let’s find out!
RTP in gambling explained
RTP is short of Return to Player. It is a percentage that indicates, what percentage of the money each play gambles, can return to his or her account, in a long period. If a slot machine has RTP of 91%, that means that that a player can expect to get back $91 for each $100 he or she bets. The number will most probably be different, but over a very long run, the slot should return 91% of the money players put in as winnings. The RTP in gambling is a factor, that many people use to choose their game. Those, that focus on having fun playing on an app often search for high percentage, so they can play for longer. The software providers must insurance the percentage, and there are independent auditors that often check. This is performed for the players’ security.
How does RTP work?
This number is calculated over millions of spins, so it is not a number that you can easily check yourself. The percentage will be a long-term average. You can use this number, to see how favorable one machine is, in comparison to another. If you see 91% on one and 97% on the other, you can think that the second has better return. Yes, it is still under 100%, because the casino also needs to win, but it is 6% more than the previous. If you are a risk-taker, you can go for the first, that has RTP of 91%. Usually, games with lower percentage, has higher jackpots. Bigger risk often leads to bigger potential gains.
Slots RTP
In slot games varies widely, typically from 85% to 98%. Gambling sites will typically have higher return percentage. They have thousands of visitors at any moment, so even with a smaller edge, they are getting enough profits. Physical casinos usually have lower number, because there are less visitors, and only one person can play on a particular game at a time.
Example of Return to Player
Imagine that you have chosen a game, and it has 91% return. If you are in a physical casino, you might be able to see the number on the machine, or if you are on an online casino, it could be written in the description. If you decide to spend $100 on multiple spins, there is a big chance that you will get back $91 and lose $9. In a short term, you might win more or lose more, but in a long run, you can expect 91% back. There is a bigger chance to get back $910 if you bet $1000, than the first example with $100.
How is RTP calculated?
RTP= (Total amount returned to players/Total amount wagered by Players)×100
Example:
You are a player that decided to spend $10 000 playing multiple times on a slot machine. The game in our example has Return to Player of 91%
When you have wagered a total amount of $10 000, the machines should have returned you 91% of your $10 000, so you should have $9 100 left, and the casino should have won $900.
RTP = (9,100/10,000) x 100=91%
RTP vs. House edge
Return to Player is the number, that you can use to see what amount of your money, you can expect to get back. Usually, you can see it on slots, video poker, or other games of chance.
House Edge is the advantage, that the casino has over you (the player). In the case of slots, if the RTP is 91%, then the House Edge are the other 9%. You can see the edge on many different games like European Roulette (around 2.7%), American Roulette (around 5.26%), Blackjack (0.5% to 2%), etc.
Using the two number you can see how fair a particular game is, and what are your average chances of success.
The role of the game volatility
Volatility or variance is a metric that shows how risky a game is. A high-volatility slot will have bigger, but not that frequent payouts. People can choose such a game, if they are interested in a chance to win a massive jackpot. A low-volatility game will have more frequent payouts, but the amounts will be lower. This could still be fun, and if you want to play for long time, this could be a better solution.
How to Find the RTP of a Game
It is a common question. Finding the return percentage of a game shouldn’t be hard. Currently, the best online casinos provide information in the game’s help section or paytable. Reviewing this information before playing is essential to ensure you know what to expect.
If you don’t find this info directly on your casino’s paytable, go to the Internet. Several websites provide RTP gambling data for a wide range of casino games. Websites like Casinomeister and SlotCatalog offer comprehensive Return to Player lists and reviews.
Remember that the published percentage is a theoretical value based on millions of spins. Your individual experience may differ, especially in the short term, due to the variance in game outcomes.
High RTP vs low RTP: What should you choose?
Let’s consider the pros and cons of each possibility.
High return percentage games generally provide better long-term value, ideal for players looking to maximize their returns. Don’t forget about the variance, too. It is lower, that means more frequent payout, but smaller.
Lower return percentage, at first glance seams less attractive, because it returns less over long time. Yet, this type of games can return bigger payouts, so players looking for big wins could prefer them.
As you can see, there are important decisions to make before gambling. Considering the percentage factor is only one. So, when choosing a game, it is crucial to consider also your gaming goals and style. If you prefer steady, smaller wins, high number, low-variance games are ideal. A lower number, high-variance game might be more suitable if you are chasing big payouts and are okay with higher risk. This thoughtful and strategic approach can make your gambling sessions more enjoyable and rewarding.
Common misconceptions about Return to Player
“Return to Player guarantees wins”
False! It just shows a long-term prediction of returns. There is no guarantee.
“RTP is the same as payout rate”
False! It points out the percentage of total wagered money paid back to players over time, while the payout rate can refer to the frequency of payouts within a game. These terms are related but not the same.
“RTP applies to individual sessions”
False! It is calculated over millions of game rounds and doesn’t apply to a single session. It’s possible to experience significant deviations from the number in short-term play.
Tips for using Return to Player to your advantage!
- Game selection strategy. Prioritize games with higher return numbers to improve your long-term chances of winning. Research and choose games wisely based on this number and other factors like variance.
- Bankroll management. Understanding the number clearly can help you manage your bankroll more effectively. Your bankroll may last longer in high return percentage games, giving you more playtime and more chances to win.
- Return maximizing. To maximize returns, stick to games with higher percentages and lower variance if you prefer consistent wins. Alternatively, embrace high-variance games if you aim for larger, though less frequent, payouts.
Conclusion
Now you know it! RTP is a crucial metric that can greatly influence your gambling experience. All the information displayed on the paytable is relevant. Do not ignore it!
FAQs About RTP in Gambling
A good number is generally considered 96% or higher, offering better returns over time.
No. It is fixed for each game and doesn’t change during gameplay.
Yes. Usually, online casino games have better return percentages, in comparison with the traditional offline games.
Each casino has different schedule. In many cases the games are checked once per year.
It doesn’t directly affect bonuses, but it’s essential to consider the return number when playing through bonus wagering requirements.
Knowledge is power! This applies to the world of gambling, too! Top players know it perfectly, and the newbies should get it as fast as they can. Playing with real money, without understanding the games well could spell disaster in no time. To help you get up to speed, this time we will explain you what RTP in gambling means. Return to Player can affect your winnings in different casino games and could show you which is the right slot for you. How? Let’s find out!
RTP in gambling explained
RTP is short of Return to Player. It is a percentage that indicates, what percentage of the money each play gambles, can return to his or her account, in a long period. If a slot machine has RTP of 91%, that means that that a player can expect to get back $91 for each $100 he or she bets. The number will most probably be different, but over a very long run, the slot should return 91% of the money players put in as winnings. The RTP in gambling is a factor, that many people use to choose their game. Those, that focus on having fun playing on an app often search for high percentage, so they can play for longer. The software providers must insurance the percentage, and there are independent auditors that often check. This is performed for the players’ security.
How does RTP work?
This number is calculated over millions of spins, so it is not a number that you can easily check yourself. The percentage will be a long-term average. You can use this number, to see how favorable one machine is, in comparison to another. If you see 91% on one and 97% on the other, you can think that the second has better return. Yes, it is still under 100%, because the casino also needs to win, but it is 6% more than the previous. If you are a risk-taker, you can go for the first, that has RTP of 91%. Usually, games with lower percentage, has higher jackpots. Bigger risk often leads to bigger potential gains.
Slots RTP
In slot games varies widely, typically from 85% to 98%. Gambling sites will typically have higher return percentage. They have thousands of visitors at any moment, so even with a smaller edge, they are getting enough profits. Physical casinos usually have lower number, because there are less visitors, and only one person can play on a particular game at a time.
Example of Return to Player
Imagine that you have chosen a game, and it has 91% return. If you are in a physical casino, you might be able to see the number on the machine, or if you are on an online casino, it could be written in the description. If you decide to spend $100 on multiple spins, there is a big chance that you will get back $91 and lose $9. In a short term, you might win more or lose more, but in a long run, you can expect 91% back. There is a bigger chance to get back $910 if you bet $1000, than the first example with $100.
How is RTP calculated?
RTP= (Total amount returned to players/Total amount wagered by Players)×100
Example:
You are a player that decided to spend $10 000 playing multiple times on a slot machine. The game in our example has Return to Player of 91%
When you have wagered a total amount of $10 000, the machines should have returned you 91% of your $10 000, so you should have $9 100 left, and the casino should have won $900.
RTP = (9,100/10,000) x 100=91%
RTP vs. House edge
Return to Player is the number, that you can use to see what amount of your money, you can expect to get back. Usually, you can see it on slots, video poker, or other games of chance.
House Edge is the advantage, that the casino has over you (the player). In the case of slots, if the RTP is 91%, then the House Edge are the other 9%. You can see the edge on many different games like European Roulette (around 2.7%), American Roulette (around 5.26%), Blackjack (0.5% to 2%), etc.
Using the two number you can see how fair a particular game is, and what are your average chances of success.
The role of the game volatility
Volatility or variance is a metric that shows how risky a game is. A high-volatility slot will have bigger, but not that frequent payouts. People can choose such a game, if they are interested in a chance to win a massive jackpot. A low-volatility game will have more frequent payouts, but the amounts will be lower. This could still be fun, and if you want to play for long time, this could be a better solution.
How to Find the RTP of a Game
It is a common question. Finding the return percentage of a game shouldn’t be hard. Currently, the best online casinos provide information in the game’s help section or paytable. Reviewing this information before playing is essential to ensure you know what to expect.
If you don’t find this info directly on your casino’s paytable, go to the Internet. Several websites provide RTP gambling data for a wide range of casino games. Websites like Casinomeister and SlotCatalog offer comprehensive Return to Player lists and reviews.
Remember that the published percentage is a theoretical value based on millions of spins. Your individual experience may differ, especially in the short term, due to the variance in game outcomes.
High RTP vs low RTP: What should you choose?
Let’s consider the pros and cons of each possibility.
High return percentage games generally provide better long-term value, ideal for players looking to maximize their returns. Don’t forget about the variance, too. It is lower, that means more frequent payout, but smaller.
Lower return percentage, at first glance seams less attractive, because it returns less over long time. Yet, this type of games can return bigger payouts, so players looking for big wins could prefer them.
As you can see, there are important decisions to make before gambling. Considering the percentage factor is only one. So, when choosing a game, it is crucial to consider also your gaming goals and style. If you prefer steady, smaller wins, high number, low-variance games are ideal. A lower number, high-variance game might be more suitable if you are chasing big payouts and are okay with higher risk. This thoughtful and strategic approach can make your gambling sessions more enjoyable and rewarding.
Common misconceptions about Return to Player
“Return to Player guarantees wins”
False! It just shows a long-term prediction of returns. There is no guarantee.
“RTP is the same as payout rate”
False! It points out the percentage of total wagered money paid back to players over time, while the payout rate can refer to the frequency of payouts within a game. These terms are related but not the same.
“RTP applies to individual sessions”
False! It is calculated over millions of game rounds and doesn’t apply to a single session. It’s possible to experience significant deviations from the number in short-term play.
Tips for using Return to Player to your advantage!
- Game selection strategy. Prioritize games with higher return numbers to improve your long-term chances of winning. Research and choose games wisely based on this number and other factors like variance.
- Bankroll management. Understanding the number clearly can help you manage your bankroll more effectively. Your bankroll may last longer in high return percentage games, giving you more playtime and more chances to win.
- Return maximizing. To maximize returns, stick to games with higher percentages and lower variance if you prefer consistent wins. Alternatively, embrace high-variance games if you aim for larger, though less frequent, payouts.
Conclusion
Now you know it! RTP is a crucial metric that can greatly influence your gambling experience. All the information displayed on the paytable is relevant. Do not ignore it!
FAQs About RTP in Gambling
A good number is generally considered 96% or higher, offering better returns over time.
No. It is fixed for each game and doesn’t change during gameplay.
Yes. Usually, online casino games have better return percentages, in comparison with the traditional offline games.
Each casino has different schedule. In many cases the games are checked once per year.
It doesn’t directly affect bonuses, but it’s essential to consider the return number when playing through bonus wagering requirements.
