What is RTP and Why Is It Important for Players?
You may have heard the term RTP (Return to Player). RTP, or Return to Player, is an important concept to understand if you want to increase your chances of winning and maximize your online gambling experience.
In this article we will explain what they are, how they affect your winning potential, and why it is important to understand them when playing slot games on your favorite online gambling site LEXUS88.
RTP Explained Simply
In the gambling industry, RTP is a term used to describe the percentage of all money wagered that a casino game or slot machine will pay out to players over time. In other words, it’s a measure of how much money you can expect to make back from a game in the long run.
Each casino game has a different RTP percentage, which is usually determined by the rules and mechanics of the game. It is important to remember that RTP is not a guarantee of success and does not predict individual results. Even slot machines with a high RTP can produce long losing streaks or big wins in a single spin.
For example, a slot machine with an RTP of 96% will pay out an average of $96 for every $100 wagered. This does not mean that you will always win $96 for every $100 you bet, as the actual payouts can vary greatly. However, after a large number of spins, you can expect to get back 96% of your bet.
Remember that the theoretical RTP is just one aspect to consider when choosing a slot machine. Other features, such as volatility, jackpot size, and playing style, can affect your chances of winning and your overall experience.
House Edge Vs. Return to The Players
If the RTP shows the player’s expected results, the house edge is the opposite. In other words, House Edge displays the casino’s expected return percentage on a particular game. The house edge can be deduced from the RTP, which ranges between 5-20%. If a slot game has an RTP of 96% (which is roughly the industry standard), the house edge is 4%. Of course, these percentages represent the casino’s expected returns over time and not in a single round.
Role of RNG in RTP Slot
We’ve covered RNGs (random number generators) extensively in other posts, so our focus here is to explain the relationship between RNG and RTP with online slot machines. Random number generators ensure that the results of any online casino game, including online slot machines, are completely random and fair. So, apart from checking the theoretical RTP of the game, to determine the fairness of the game, the prevalence of random number generators in the game ensures fair game results.
RTP vs. Hit Rate in Online Slots
Another variable worth considering is the frequency of the game. This is not necessarily displayed, but is very easy to calculate by dividing the total winning slot combinations by the total number of hits. But what does this mean? In simple terms, hitting frequency shows how often a player hits winning combinations. Let’s look at a real example.
If the RTP on a slot game is 96%, the house edge is 4%, which means that if you spend $100, you can win $96 over time, and the casino will keep $4. If a baccarat game has 3,125 ways to win and 10 winning combinations, the hit rate is 0.0032, or 0.32%. The more times you hit, the more wins you can expect. We should mention that this calculation alone cannot determine the final decision of the player, as RTP, house edge and volatility also play an important role.
High RTP Value for Player Wins
Knowing the RTP of a game is very important for players to know their potential wins or losses over a long period of time. This not only helps players manage their money, but also helps them be selective when finding games to play. Ultimately, games with a higher RTP represent a greater chance of winning while providing more time to play. This allows players to maximize their online gambling activities.
The Difference Between Volatility and RTP
While RTP and volatility are two important factors to consider when playing slot machines, they are not the same thing, and understanding the differences between the two can help you choose the right slot game. For example, RTP does not take into account the frequency or volume of payments, which determine volatility factors.
Volatility in slot machines refers to the level of risk or uncertainty involved in playing a slot game. Games with high volatility typically offer larger payouts less frequently, while games with low volatility typically offer larger payouts less often. Knowing how volatility works is essential if you want to manage your money effectively and avoid losing it quickly.
Failure to understand these two concepts can have a significant impact on a player’s experience and perhaps their score as well. It is very important to understand the fact that the higher the RTP, the higher the chances of winning when playing longer.
6 Steps to Choose Slots Based on RTP
Analyzing the RTP of a game is one of the important factors to consider when trying to determine your chances of winning. Below we have prepared a useful step-by-step guide that will help you refine your search for the best games to play and how to do so.
#1: Choose Games With The Highest RTP
One of the first things to check when analyzing a slot game is its RTP. If you’re wondering how to find the RTP on a slot machine, you can usually look it up in the paytable or rules. If you are considering high RTP slots vs RTP slots. Low RTP, always choose higher RTP.
#2: Choose The Volatility That Best Suits Your Needs
As mentioned earlier, the volatility of a slot game can greatly impact your chances of winning as well as the frequency and size of payouts. Games with high volatility tend to attract more people looking for big wins, while games with low volatility are better suited to players with a small capital looking for longer sessions.
#3: Verify The Payment Amount
It is also important to check the slot game payout amounts to see how much you can win for each symbol combination. Payout amounts can vary greatly between different games and symbol combinations, so it’s important to understand how they work.
#4: Choose Games With Bonus Rounds
Bonus rounds are special features in slot games that can provide additional chances to win or increase payouts. Checking if the game has a bonus round and what it entails can help you assess the overall value.
#5: Look for Additional Features
Finally, it’s worth checking for any additional features, such as wild and scatter symbols. The wild symbol can replace other symbols to create winning combinations, while the scatter symbol can trigger bonus rounds or free spins. Understanding these features can help you take advantage of the game mechanics and increase your chances of winning.
#6: Try The Trial Version
Many online casinos offer demo versions of slot games, which allow you to play for free using a virtual bankroll. Trying out the demo can help you understand the game’s mechanics and features and decide if it’s a good fit.
Take Advantage of RTP and Increase Your Chances of Winning
Understanding the concept of RTP and its importance when playing slot machines and other casino games online is essential for any gambler who wants to increase their chances of winning.
However, RTP is just one piece of the puzzle. Other factors such as volatility, bonus rounds, payout amounts and additional features can all affect the results.
To maximize your gambling experience, always remember to play responsibly, set a budget, and choose games that offer a balance between high RTP and low volatility. Doing this allows you to enjoy the thrill of playing slot machines while minimizing your risks and maximizing your profits.
FAQ
Is a higher or lower RTP better?
In general, a higher RTP is better for players, because it means that the machine will pay out a greater percentage of all bets placed over time.
Do online slot machines have a different RTP than physical slot machines?
Online slots often have a higher rate of return (RTP) than slots at brick-and-mortar casinos. This difference is primarily due to lower overhead costs incurred by online platforms, such as staff and facility maintenance.
What is a good RTP in slot machines?
A good return rate for slots is generally considered to be 96% or higher, which is around the industry average.
How to calculate RTP in the game?
If a slot machine accepts Rp. 1.000 in bets and pays out Rp. 10.000,000 in winnings, the RTP is calculated as the total amount paid to players divided by the total bet amount: 1.000/10.000,000= 0.90. This calculation shows that the RTP is 90%.
