What Does Return to Player (RTP) Mean?
Come and explore more about the return to player feature of online casino games. See what it means and how you can use it to your advantage. If you’re familiar with playing online casino activities, then you’ll probably have discovered the meaning behind the words “Return to Player” or RTP by now. Yet, if you’re a newcomer to this world, then the chances are that it doesn’t really mean much to you. That’s why we’re here – to provide you with some information on such. You’ll find this attached to many casino games, although it does tend to have a lot more meaning when it comes to online slot games.
What Is the Return to Player?
The Return to Player rate, is basically the amount of money that you can expect to get back from playing a certain game. The RTP rate is usually given out as a percentage, so you can frequently find it being described as 97.5% or 96%, for example. So, let’s say that you access an online slot with an RTP rate of 97%. You decide to place a bet of £1 on that game – you can theoretically expect to receive a return of 97p from that wager.
Now, while that would be great for you to obtain on every spin, this rate isn’t actually calculated on single bets placed by each player. Instead, it’s calculated on bets placed by hundreds of players over a lengthy period of time. In fact, the return to player percentage is generally worked out over a minimum of one million plays of a game, so it’s really more so a guide to the RTP that you can expect, rather than an amount that should be taken as the be all and end all of a game.
As well as know, these plays don’t always result in a win every single time. Losses are also experienced on all types of casino activity. Which is another reason as to why the RTP is very much a guide, but it can be used to your advantage when it comes to gaming. Essentially, if you keep in mind that the RTP is an average achieved over a significant number of plays, then it won’t be so misleading for you.
How Can I Use the RTP to My Advantage?
It’s become quite the common theory that if a player selects an online game with an RTP of 97% rather than one that has a lower percentage such as 95%, that they’ll win more on the former. That’s not strictly true, because certain other factors play into casino games. The volatility level of a game, for a start. But that’s another topic to discuss. It’s no good choosing what to play solely due to its Return To Player level because, as mentioned, the latter percentage is calculated over a specific number of plays.
Yet, the RTP doesn’t only show us what we can expect to get back from a game over many rounds of play, but also the house edge. Every casino game comes with its own house edge, which is basically the amount that the casino takes as profit from your bets on the games. Obviously, the house edge is visible in the remaining percentage of the RTP. So, if a the activity has a 97.5% Return To Player, the casino house edge stands at 2.5%. You can utilise this figure and see if the game is actually worth you playing.
Of course, this figure won’t show you exactly what the outcome of each of your spins or rounds will be. There isn’t anything that can give you such insight into a game of chance. However, it does provide you with information on how much the odds are stacked against you. Plus, it gives a few details on if the casino is providing a fair gaming experience, too.
Any online slot should provide you with an RTP of no less than 94%. If you do find one with a percentage lower than this, it’s probably not worth your time and effort. Of course, it’s always going to be the ideal scenario to play a slot that comes with a 99% Return To Player as opposed to one that has a 94% one, right? Well, as mentioned before, it also depends upon the volatility of the game you’re playing.
How Does Volatility Affect Me?
The volatility level of a game really relates to how risky it is to play such. Those games with a lower volatility level are less risky because they pay out frequently, but smaller amounts. The higher volatility slots are exactly the opposite, paying out larger amounts but on a less frequent basis. The higher volatility slot games will also usually have a lower RTP percentage attached to them. Many people take this to mean that these games aren’t usually worth you playing, but again, that’s not strictly the truth.
While these games do have a higher house edge to them, they do provide larger pay-outs when a win hits. So, even though you’ll have to spin the reels even more, when the win comes it will likely be of a larger-than-average amount. Now, that all depends upon if you spin the reels once or twice, or if you spin them 20 or 30 times. In both cases, you could be on the losing end of the spectrum, but there’s more chance of you being a winner if you spin a high volatility level game more times.
The point that you need to remember with relation to RTP rates, is that you shouldn’t utilise them as a sole reason to play an online casino game. Instead, you should take notice of them as more of a basic guide towards accessing a slot. Consider all of the other features and the volatility level of a game before you proceed onwards. And one final thing to remember is never to expect anything specific from a slot game. Have fun playing them, but don’t go in with the notion that you’ll be coming out a big winner if you’re playing one with a higher RTP.