RTP Payout Rate In Online Casinos Explained
Even many experienced players don’t always properly understand the connection between the real value of the return percentage on slot machines and its impact on your winnings. The average RTP (Return to Player) of online slots is generally 95-99%. Let’s look at a few online slots at National Casino: Fruit Shop by NetEnt has an estimated RTP of 96.71% and Alchemist Bonanza by Gaming has an RTP payout rate of 96.00%. Every person who has played online slots has heard of this term, but not everyone knows its true nature. In this post, we’ll go over what an RTP value actually stands for.
What Is RTP? Definition And Explanation
Let’s look at how this indicator is interpreted by most gambling sites and establishments. The RTP payout rate or RTP payout percentage is a value that reflects the ratio between the total amount of all bets made and the winnings received, multiplied by 100. If a player deposited $100 million on an online slot over a certain period of time (for example, half a year) and received 95 million back as winnings, the RTP payout rate is 95%. And this figure does not include the winnings that can be obtained in the bonus rounds.
Is the 5% house edge high? During the popularity of land-based establishments, it was common to win at casino blackjack using a simple strategy and card counting. Mathematics here gave the player a 2% advantage, which translated into huge winnings and a ban on casino play. And that’s only 2%, but imagine what the casino’s edge of 5% means. The house edge of 1.5% also means that the casino always wins, although this house edge is very low.
It is also important to note that the RTP value is hardly visible if you play the game for a short period of time. For example, if you have been playing a particular game for a week, you will hardly reach the set value of 95%. You may have won 90, 85, 50 or 98% of your deposits. The trend applies over longer periods of time, which players often forget. Of course, it does not mean that you can increase the RTP by playing for longer. The RTP remains the same, but random number generators ensure that the winnings are random. Only over a longer period of time can you actually notice the trends in the payouts. For example, if you play slots for a week with 95% and 99% payout rates, you may have difficulty tracking these values.
Which RTP Values Are Reliable?
It is important to understand that not every RTP payout rate you googled is credible. The values that can be believed are the information provided by software developers about the online slots they have developed. Sometimes the casinos themselves publish values about the slots they have on offer. If it is a reputable and licensed casino, the casino only offers official games. This means that you can rely on this information. Otherwise, the RTP payout rates calculated by someone may not be true.
Smart Play, RTP, and Volatility
The forums are full of threads where people complain that they have made multiple deposits and never got past the deposit amount. If you ask them, it turns out the following: a casino visitor makes a deposit, then he starts playing with a bet of half a dollar. So he spends on the slot machine around the clock. With these actions he fulfills the wishes of the casino. And playing like that is not right in principle.
The only chance to win more often in an online casino is to balance the dispersion (volatility). This is possible if you choose the most suitable bet on the spin and the number of spins under it. This is exactly how you should play with such a bankroll. Smart playing will not help you influence an RTP, but it will help to get closer to the RTP.