The phrase RTP stands for Return to Player. RTP is used to describe the sum of money, in percentage terms, that a casino game or a casino slot can be expected to pay back to its customers. Both traditional casinos and all top online casinos use it.
This is best explained by using a practical example. Let's say for instance, that a slot machine has a 90% RTP. If the customer has $100 and it costs $1 a spin to play, then they can expect to end up with $90 after 100 spins. That is the Return to Player value for that specific slot machine.
Now note, that this is just an average figure based on the life of the machine, and is usually calculated over a minimum play of one million spins. The player could get lucky and walk away with more, or they might end up taking home much less than they gambled.
It is also worth remembering that the figure doesn't necessarily indicate how often a player is likely to win, but just the average percentage return.
For instance, there could be two online casino games with a value of 95%. The customer might play the first game 99 times and win nothing, but on their 100th play win $95. In the second game, they could play 100 times and win on 30 occasions, collecting $95 in total. Both games have an RTP of 95%.
Importance of Understanding Casino RTP
RTP is a game-changer in the gambling world. For any gambler, seasoned or novice, comprehending RTP means being empowered with knowledge. It's like peeking behind the curtain to understand the potential returns for your investments in the games you play.
By knowing the RTP of a game, you're equipped to select games wisely. You can favor those with higher RTP rates, thereby potentially increasing your chances of receiving better returns over time.
