If you’re just a beginner who’s trying to navigate your way through the world of online gambling or even if you’re an experienced online gambler who needs a slight refresher course on what RTP is, then don’t worry. This article is going to cover everything that there is to know about RTP and why any kind of casino player should be paying more attention to it.
First things first, RTP stands for Return to Player. Knowing about RTP will actually put you in a much better position to make smarter decisions when it comes to your bets and gambling choices. This is why it’s very important that you pay closer attention to RTP whenever you’re scrounging the casino for fun slot games to play.
What is RTP Anyway?
Again, RTP stands for Return to Player, and it’s actually a calculated percentage. Essentially, the RTP measures the winning history of players in a particular slot machine or game. So, many seasoned slot players will look at the RTP of specific games to determine whether they have a higher chance of winning there or not. By knowing about the RTP of games, you would then be able to leverage that knowledge against your betting habits. RTP is an accurate measurement of probability and that somewhat equalizes the advantage that the house has against players. When playing slots, the odds are always stacked against the players. This is why RTP is so important because it helps equalize those odds.
Now, you might be wondering how RTP is calculated. Well, it’s really not as complicated as you might think. To repeat, RTP is calculated into a percentage or ratio. The way that it’s calculated is that it measures the winning history of players in that particular machine or game. However, be very wary of these numbers because there are a number of different factors that go into its computations such as the features or bonuses that are integrated into the gameplay. This is why RTP can vary drastically from one game to the next. But ultimately, RTP is an accurate measurement of how much money the machine has given back to its players throughout its history.
So, let’s say for example that a particular game has an RTP of 97%. That means, for every $100 that has been spent on that specific slot machine, it has given back $97. It really is that simple. While the computation for RTP may seem simplistic, analyzing it is a completely different story.
How to Analyze RTP
You have to realize that RTP only calculates for how much money is given back over the course of its gaming history. It doesn’t necessarily calculate your chances of winning. That’s the major difference. If we go back to our previous example, we used a slot machine that has an RTP of 97%. This doesn’t necessarily mean that you have a 97% chance of winning every game. This is a common mistake that many neophyte gamblers will make. Keep in mind that RTP doesn’t necessarily account for the number of games that have been played. It only accounts for the total money that has been put into the machine. So, again, with an RTP of 97%, if you put $100 into a game, then it’s likely that you’re only going to get back $97.
However, these aren’t to be taken as hard rules that you need to abide by. After all, there is no casino machine that’s going to churn out an RTP of 100% or more. The house is always going to have the advantage. It just so happens that some machines seem to return more cash to the players than others. This means that you have a higher chance of winning based on the evidence that has been suggested by the historical records of a particular machine.
Are Online Slots Better than Land-Based Slots?
Well, it really all depends on your personal preference as a gambler. Some people prefer the energy of actually being inside physical casinos. However, based on statistics, online slots tend to have a higher RTP than land-based slots across the board. That doesn’t necessarily mean that you’re guaranteed of winning at online slots every time. You may just have better chances.