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Today, we will discuss RTP, its definition, and more importantly, what it means for you.
Return to Player (RTP) is a term that represents the expected percentage of the wagered amount that a player will receive as a return over the long term in a specific game. Depending on the type of game, %RTP can be calculated through theoretical or simulated methods.
Decisions about whether players play a game may be influenced by the RTP. Therefore, understanding the concept of RTP is essential.
As you read this article, you will see that the RTP for most games is between 95% and 97%. This indicates that the game will pay out 95%-97% of every dollar.
How is a high RTP calculated?
Although we start with an industry average RTP of 96%, any game with an RTP over 95% is considered a good game. This is the ratio we all expect to find in online casinos; however, some games have percentages lower than this, and you will undoubtedly come across games with higher percentages. In some games, RTP can reach 98%, and games below 95% are considered to have a lower RTP.
Despite how complex RTP may sound, it is determined by a relatively simple formula: the expected total sum of winnings over a specific, typically very long, sequence of games. However, this doesn't mean you will always receive a return.
To make it easier for you to understand, let's take a slot machine as an example.
If you're playing a slot machine with a 95% RTP, and each spin costs $1, you should expect to receive $95 in winnings. However, the final percentage is calculated over a certain number of spins. In other words, you shouldn't expect to win back your $95 after spinning the machine 100 times. Making wiser gaming decisions and improving your chances of winning require an understanding of the value of RTP.
What is the RTP process in online casinos?
RTP is crucial for both casinos and players because it can be seen as the casino's advantage or profit margin. Since RTP is determined over a large number of rounds, the more you play in a casino, the more your gaming results will resemble the given RTP. For example, if you have the opportunity to play 10,000 rounds of blackjack and win with a 97% RTP, you can expect a return based on that percentage. |
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