If you have ever been interested in the work of online slots or studied information about a particular slot machine before the game itself, you may have come across the abbreviation RTP. The letters denoting the Return To Player. In a nutshell, this tells us how big the payout percentage is in the game. In this article, we’ll talk more about RTP in online casinos. What is it like? How is it calculated and why should these three letters bother you at all? Let’s find it out.
What is RTP in online casinos?
First of all, RTP tells you how much money from bets in a slot or other casino game will be returned to the gambler within a certain period. The RTP value is expressed as a percentage and the higher it is, the more often and the bigger amount of money you can win for a certain period. Each slot has its own RTP protocol. Therefore, online casinos in the US often display a single average value based on the percentage of return on all games available.
Note that RTP is a theoretically statistical calculation. Thus, you should not take it too literally. And what do we want to say by this? You should understand that there will always be random winnings of huge sizes, such as huge jackpots, long winning streaks, and so on. Usually, in large-scale victories, we don’t take RTP into account. Otherwise, it will show you the average rating for a slot or other game. Do you want to know more about it? Read our article about Casino Math.
Knowing the mathematical advantage of the game, you can calculate its RTP in online casinos. For example, if you know that the advantage of American roulette is 5.26%, then RTP can be considered as 100% – 5.26% = 94.74%. However, you should be careful while applying this theory. It works differently for every single type of gambling. That is why it is worth calculating it separately while playing in the Intertops Casino.
Is there a correlation between the win rate and RTP in online casinos?
The RTP value can be a little misleading. Why? Because the percentage of return does not tell you how often you can expect to win. For example, an online slot with an RTP of 97% can give out prizes only during combos once per ten spins on average. At the same time, another slot with the same RTP value will payout every three spins. The catch is that machines with a higher winning frequency payout more often but in smaller amounts. Meanwhile, slots with a lower prize-giving frequency payout large amounts, but less often. Just keep it in mind while gambling in the Intertops.
Random and fair payments
You need to understand that casino statistics are based on thousands of events. In theory, all results are random due to the random number generator. Besides, it is important to make sure that the result is arbitrary. The RNG equalizes the chances, that is, the casino does not know whether you will become a winner or not. Of course, the institution hopes for your loss, but it certainly cannot know when exactly this will happen.
Therefore, you should not listen to those who claim that the slot is accurately paid in a specific period. This is just another myth. Slot machines do not register winnings. They only show pictures. Even after a big jackpot, the next spin can also be successful. In general, the chances always remain 50/50 if the work of the RNG is connected to the game. You can find out more about How RNG Works In Online Gambling.
Do we need the RTP?
To sum it up, if you are a regular gambler who does not want to go into the intricacies of the device of online slots, then you will not be able to work out the mathematics of RTP in online casinos. To do it you need to have an understanding of the internal programming of slot machines. The only thing you can be guided by is the public certificates on checking the percentage of return. Usually, independent organizations issue them. Remember that the presence of these documents indicates the reliability of the casino. Fortunately, you can check this information on the Intertops gambling platform. We hope it will help you win more often. Good luck!