Return to Player (RTP) and What It Means
Anyone looking into registering with an online casino may have heard the term RTP but what is it? Well, RTP, which stands for Return to Player, is actually hugely important when it comes to both land-based and online casinos because it affects payouts.
But what is it and why is it so important? Let’s find out.
What is RTP?
As mentioned above, RTP means the Return to Player. The term is used to describe the percentage of all the wagered money a slot or casino game will pay back to players over a period of time. The higher the percentage, the more often a player will win.
For example, if you make a hundred £1 bets on a slot or other casino game on which the RTP is 95%, you should make back around £95 in winnings. However, one thing to remember is that RTP is calculated over a long period of time and includes numbers of hands.
Can You Calculate RTP?
You don’t actually need to calculate RTP as you can easily find the rate for any slot or casino game. While some casinos make it easier to find than others, it can generally be found by taking a look at the help section for the game users are currently helping.
In addition to this, it’s actually almost impossible to calculate the RTP. Some players attempt to calculate the RTP in order to guess when they might win, but RTP is actually incredibly misleading with this. The rate doesn’t actually tell players when they’re going to win, just how often the game will pay out over a long, long period of time.
Why You Should Pay Attention to RTP
It’s important to pay attention to the RTP rate because the opposite of it is the “house edge” which is the profit the casino provider makes off each game. So, if a casino game has an RTP of 96%, the casino will have a house edge of 4%, which is the amount you’ll lose to the house.
It’s great to know this, as it helps players calculate how much they’re actually losing to the casino compared to how much they’re winning.
Is High RTP Always Good?
A high RTP is better as it means there is a chance of winning, though it’s still completely unpredictable. Players should also try to select games with a high RTP, such as Betway’s Atlantic City Blackjack, which has an RTP of 99.65%, compared to Betway’s Mega Moolah Progressive Jackpot, which has an RTP of 88.12%.
This means players have a smaller chance of winning back in Mega Moolah than in Atlantic City Blackjack.