One of the most significant advantages you as a player can have over a casino and the games it offers is understanding how they work. This knowledge can help you avoid common misconceptions, understand your actual odds, and know which games to try your luck at.
RTP is a common term used in online and physical casinos. Understanding what it is and how it can affect the games you play is crucial if you want to have the best chance at winning.
So, if you’re not sure what this is or have only seen it when accessing a casino with hundreds of RTP slots online, keep reading as we delve into RTP and how you can use it to maximize your winnings.
What Is RTP?
RTP, or return to player, is a mathematical calculation that represents how much money a particular game will pay out over a period of time based on its income. This number is always expressed as a percentage (meaning out of 100). With higher RTP games offering better chances of winning big prizes than their counterparts.
A common misconception is that RTP and volatility are the same, but they are vastly different. RTP is an average calculation that attempts to predict the theoretical payout that can be expected from a game. In contrast, volatility refers to how often (or not) a game is likely to pay out winnings.
As such, slot volatility is an entirely separate factor affecting games but should always be considered alongside a game’s RTP.
How Is RTP Calculated?
The RTP of every game is calculated and provided by the software developer that makes the title. A casino cannot change this; it can only be adjusted by the creator. The most prominent reason for this is how the RTP is calculated—a process almost as stringent as the programming of the RNG.
This calculation is done through an extensive process that simulates millions of wagers made on a game and tracks each win and loss. The information is then compiled alongside the time it took to generate it and the total number of spins achieved.
The total wins and total wagers are then calculated, divided by each other (total wins divided by total wagers), and multiplied by 100 to give a percentage value. This percentage becomes the game’s RTP.
An example is if a game receives wagers totalling €100,000 and pays out €85,000 in winnings; these will then be divided by each other. The net result (0.85) will be multiplied by 100 to give an RTP rate of 85%—lower than most online games.
It is important to understand that this is a theoretical number representing long-term play garnered from millions of spin results. Therefore, short-term results may differ, and an RTP rate of 99% doesn’t guarantee that you’ll win €99 for every €100 wagered.
RTP Games and Slot Types
While online slots offer significantly higher RTP rates (usually between 90% and 95%) than physical slot machines (80% to 90%), these vary from game to game. As such, identifying the type of game you want to play can help you determine the RTP you can likely expect to find.
Progressive jackpot slots are the worst in this regard. Due to their incredibly high jackpots and the vast number of players that try their luck at them, these slots commonly have RTPs ranging from 88% to 95%.
Classic slots, by comparison, offer better rates. These games, which are a throwback to simpler slot days, provide averages of between 90% and 95%. These are decent rates, considering the fun that these games offer.
Video slots offer the highest RTP rates. They provide a slew of incredible, immersive graphics and features that keep you entertained whether you win or lose. On average, these games boast RTP rates of 96% upwards, with some slots reaching as high as 99%.
High RTP Slot Games vs. Low RTP Slot Games
Although it is common for players to favour slots boasting a high RTP, this does not automatically guarantee a better chance of winning. The RTP is calculated over long-term play using wager counts any player is unlikely to reach.
Because of this, playing a game with a lower RTP can also provide a good chance of winning. Also, it gives access to a range of game themes and features that many may discount because of the RTP. Playing these games can be just as rewarding and entertaining.
However, for players who want to enjoy an extended gaming session, choosing games with a higher RTP can be beneficial. Longer gameplay allows for more wagers, increasing the likelihood that your session’s RTP will align closely with the game’s advertised rate.
Common Misconceptions About RTP
Because many people believe that RTP rates determine how often a game pays out a certain amount. There are many misconceptions surrounding these calculations. One of the most prominent is that the RTP acts as a timer and will pay out large sums at a particular point. The reality is that the RTP rate has nothing to do with how often a game will pay out.
Secondly, many people believe that the RTP rate applies to each gaming session—meaning that each session receives the total RTP advertised. As stated, this is untrue, as the RTP amount is calculated over long-term play.
How to Use RTP Strategically in Games
One of the most important factors in using RTP strategically is ensuring you find a game that offers features you’ll enjoy while playing, not one based solely on RTP. While this may sound contrary, RTP is not the only factor to consider. Care should also be taken to evaluate the game’s volatility and how long you’ll likely play.
Considering these also means that you may find a game with a lower RTP that is still likely to give you great odds and entertainment. Other factors should also be considered, like what bonuses a game offers and the available jackpots.
Where to Find RTP Information
RTP rates are usually available publicly. They can be found on the developer’s website but are also commonly displayed by the casino offering the game. A simple search online can also often yield results.
Conclusion
RTP rates are an important element of any slot and can be an important factor in how much a player enjoys a game. After all, slots with overly low RTPs that barely pay any winnings may not draw you in.
Understanding RTP and its role can help you avoid the trap of thinking it is a guarantee that you’ll win. Aid you in finding a slot to play, and increase your enjoyment of the gambling experience. After that, winning will be the cherry on the cake.
