You’ll surely be familiar with the term RTP or Return to Player If you have ever played an online slot. Have you ever wondered what RTP is and how it is determined? If it plays such an essential role in determining a slot machine’s payout rate and if a game with higher RTP is meant to produce higher payments? Read the following RTP description If you have any of these questions before you play slots games.
What is RTP?
First of all, the RTP value determines what percentage of the total amount wagered on a slot machine will be returned to the players. For instance, if a game has 95% RTP, it should theoretically return $0.95 for every dollar wagered. RTP for a slot value is presented in terms of a percentage, so the higher it is, the better are the chances of getting your money back. In the end, RTP is just a theoretical value that tells you about the probable percentage of returns from a slot machine.
How is the RTP of a Slot Determined?
The RTP of a slot machine is a theoretical value that is determined during the testing phase. Whenever a new slot machine is developed, it goes through a thorough testing and evaluation process. Then based on the test results, the developers determine the RTP of a particular slot machine. Besides, independent gaming labs such as eCOGRA further evaluate the results and certify the RTP percentages.
How Do the Casinos Determine the RTP
You’ll also find slots RTP listed on online casinos. However, the mechanism of determining the slot machines here is slightly different. Online casinos take wagers and payouts of all of the slot machines and calculate an average RTP value to display it on the platform. However, the average RTP value is highly inaccurate as it also includes the values taken from the jackpot slots that produce relatively higher payouts.
Do RTP Values Affect Slots’ Payouts?
It depends on the game and a couple of other factors, so let us explain. The RTP might tell you how much it will pay back to the players, but it does not tell you how long it will take to return those percentages. For instance, a game with an RTP of 97% might return the value after ten spins. However, another game with the same RTP might return the concerned value in 3 spins.
The catch is that slots with a higher win rate payout more often, but in smaller amounts, while slots with a lower payout frequency payout large amounts, but much less frequently. Besides, most of the game match pay the RTP value during the bonus rounds. Therefore again, one game might trigger a bonus round before the other even though both have a similar RTP value. To get the full picture, you will also have to consider the game’s variance and volatility along with the RTP if you want to determine the slot’s payout value.
If you’re new to slot betting and have only a limited knowledge of game internal programming and algorithms, then it might be difficult for you to understand the concept of RTP. However, you should keep in your mind that the existence of an RTP certificate means that the game is thoroughly tested and is producing random numbers.
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