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What is RTP and is it Important? AD

What is RTP and is it Important?

In the past decade, the online casino industry has “boomed” according to the United Kingdom Tech News team https://www.uktech.news/the-uk-gaming-boom-why-it-keeps-on-growing-20200117 . An industry that was worth around $42bn three years ago is expected to surpass the $80bn mark by the end of 2020. Casino games have been tested for their fairness, and one such criteria for judging this is by the RTP (Return to Player). Essentially, RTP will tell you how high a game's payout percentage is and what amount can be expected to be paid back to bettors over time.

RTP covers a plethora of roulette and slot games. Every slot will have its own RTP as does every online casino that centres around the RTP percentages of the casino games it offers. Every casino game has a built-in advantage that tends to weigh in favour of the house. While this will vary depending on the game that bettors choose to play, casino players should pick the games that will ultimately maximise their chance of winning.

How to calculate RTP

To calculate the RTP, the win and turnover figures are divided. For example, if a bettor plays a game that has been designed with a 91.68% RTP, has accrued £1.2m of turnover and £1.085m in wins then the RTP comes out as 90.42% which is below the designed RTP. To make it simpler, games that have an RTP of 96% will pay out £96 for every £100 wagered on average. Therefore, bettors can increase their chances of success by playing games with a higher RTP percentage. The theoretical RTP, on the other hand, assesses the payout based on the number of wagers that have been placed on a game. Slot machines tend to fall into this category.

Some games may be more volatile than others, but on sites such as https://superlenny.com/en/, this will be clearly displayed for all games. There is nothing secret or new about the upper hand that is held by the house — arguably, anything can happen. It is best to measure a game with large amounts of play and, over time, the volatility of a particular game will be able to detect the acceptable tolerance range.

Correlation between RTP and win frequency

Often, the correlation between RTP and win frequency can be rather misleading as a game's RTP doesn't clearly show how often bettors can expect to win. There may be some casino games with a high RTP percentage that could have a low frequency of payouts. Some games, such as slots, may pay out more regularly but in smaller amounts.

Therefore, bettors should keep a lookout for casinos that regularly post RTPs for their games. This will be served to show the trustworthiness of the site as well as make it easier for bettors to calculate their chances of winning over time. Bettors shouldn't always necessarily go by the RTP; however, this will act as a good guide as to what types of games they should be targeting to improve their chances of success over time. UK based players can read more about RTP and how it will affect them on the United Kingdom Gambling Commission’s website here https://www.gamblingcommission.gov.uk/for-the-public/Safer-gambling/Consumer-guides/Machines-Fruit-machines-FOBTs/Gaming-machine-payouts-RTP.aspx

Norman Sanders

Norman Sanders

Staff Writer

Norman enjoys writing mostly anything about gaming...

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