Want a chance to increase your winnings at online casino slots? The best way to get started is by making sure you know the basics of slot gameplay. In this article, we will get you up to speed and give you some intel on all there is to know about one of the most important casino slot features — RTP.
The Return to Player, RTP, is a term used to describe the percentage of all the wagered money that a casino game may pay out and it is calculated based on long-term gameplay. Keep reading to learn all about casino RTP and how you can use it to your advantage to start winning!
WHAT DOES RTP STAND FOR IN CASINO SLOTS?
The term RTP stands for Return to Player in casino slots, which is represented by a percentage indicating how much of the wagered total money is given back to players. That said, RTP is just an average amount and does not guarantee slot players a win. To calculate the RTP percentage, a huge number of spins and plays are taken into consideration as it combines total wins against the in-house edge.
Experienced players always keep in mind that the chances of winning are higher in a game with a higher RTP percentage than in a game with a lower RTP value. For example, a slot machine with an RTP of 95% means that for every €100 wagered, players may receive a payout win of €95.
Players can use RTP percentages to get an idea of how generous a particular game is and decide which reels are worth spinning overall!
HOW TO CALCULATE RTP SLOTS
Like the house edge, the Return to Player can be measured using percentages. This is possible due to the fact that all online casino slot machines have a computer program running behind the scenes, which determines your chances of hitting a winning combination. Game developers set the house edge or RTP at a particular percentage level to influence how much the game returns to the player.
To calculate a game’s RTP, you would need to know the total amount of money wagered on the online slot and the total amount won by players over a long period of time. The RTP is then calculated by dividing the total amount of winnings by the total amount of money wagered. You must then multiply the result by 100%.
Let’s take the example of a slot with €100,000 wagered on it over a month, and it has paid out €95,000. To calculate the RTP, you would divide the total amount of winnings (€95,000) by the total amount of money wagered (€100,000) and multiply the result by 100%. This would give you an RTP of 95%.
It is important to note that RTP is calculated over a long period of time. It may vary based on specific slots as well as the casino where the slots are being played. Individual players may also experience different results in a short-term experience.
WHAT IS A GOOD RTP FOR SLOTS?
The best RTP percentages for slots are often considered to be around 95%. This means that for every €100 wagered, a payout of €95 is given.
The best games may have a higher RTP, such as 97% or even higher. However, the average slot has a lower RTP than that. It is up to each player to decide what they consider to be a good RTP for playing slots based on their personal preferences and gambling goals.
It’s also worth noting that RTP is just one factor to consider when choosing a new game at online casinos. Other factors such as graphics, house edge, symbols and bonus features may also be important to players.
Not sure where to start? One of the most-popular high RTP percentage slots is Mega Joker, which boasts the highest RTP of 99%. This fan-favourite class slot allows you to play the base game with three reels and offers you the best return for your bets. Other games include White Rabbit by Big Time Gaming, which is one of the highest RTP slots found at most online casinos. This chart-topping slot brags an RTP of 97.12%, meaning you can expect a great payout. Money Money Money by Pragmatic Play is another popular title, with the slot’s RTP being 97.09%.
VARIANCE VS. RTP
RTP and variance are two different concepts that are often used in relation to slots. As we’ve mentioned, the RTP statistic is carefully calculated and expressed as a percentage. A high RTP means that there is more payout compared to the average amount wagered on it.
Conversely, Variance is a term used to describe the level of risk associated with slots. A game with high variance means larger payouts; however, you should also expect to potentially lose with a higher risk involved.
Low variance means smaller winnings are paid out more frequently, but it also has a lower risk of losing. In general, slots with high RTP tend to have lower variance.
Games with low RTP tend to have higher variance. However, this is only sometimes the case, and it’s important to consider both RTP and variance when choosing what casino games to play.
HOW TO FIND RTP ON SLOTS
To find the RTP, we would recommend that you first and foremost make sure to check the game’s paytable and information, as many slots will display an advertised RTP.
Some games will include the RTP in the rules or instructions, which you can find by clicking on a button or menu option. You could also come across games and online casinos that opt for listing the RTP of games on their websites.
Still can’t find the RTP of the reels you were about to spin? Another option would be to search it up online and include the term ‘RTP’ to see if you can find information on other online gambling websites.
It’s worth noting that RTP may vary depending on the specific online casino where it is being played. Some online casinos may have different RTPs for the same casino game, so it’s always a good idea to check the RTP before you start playing.
HOW DO I KNOW IF MY SLOT MACHINE HAS AN RTP?
The above steps for finding the RTP will also help you determine whether the casino games of your choosing have an RTP. If you are able to find the RTP of a game or machine through the paytable, rules, instructions, or website or by asking a representative at the casino, you can be confident that the game or machine has an RTP.
If you are unable to find the RTP of a game or machine, or if the RTP is not expressed as a percentage, then it is possible that the game or machine does not have an RTP. In this case, it may be more difficult to gauge the generosity of the casino game or machine and make informed decisions about whether to play it.
LAND-BASED VS ONLINE CASINOS
The Return to Player often differs between land-based slot machines and online slots, although the exact difference can vary. On average, most online casinos have online slots with a higher RTP than on-land machines. This is because online casino slots are often subject to more stringent regulations and must have a higher RTP to be fair and transparent.
On the other hand, land-based slots may have a lower RTP than online casino reels. This can vary depending on the specific casino and the specific slot machine that you’re playing. It’s worth noting that the RTP may also vary depending on the specific location where it is being played. Different countries and regions may have different regulations regarding RTP.
WHAT OTHER FACTORS AFFECT SLOT PAYOUT?
It’s important to keep in mind that RTP is just one factor to consider when choosing a game to play. In addition to RTP, there are several other factors that can affect slot payouts, which include:
VARIANCE AND HIT FREQUENCY
Variance is a measure of how much the payout of a machine can fluctuate between a number of spins on average. Games with high variance will often have larger payouts but less frequent wins. Games with low variance will have smaller payouts but more frequent wins.
Hit frequency is a measure of how often a machine pays out on a spin. Games with a high hit frequency will often have more frequent wins. Games with a low hit frequency will have less frequent wins.
MAXIMUM BET SIZE
Maximum bet size can also affect slot payouts. Games with a higher maximum bet size will more times than average have the chance to pay out larger prizes with a win. Games with a lower maximum bet size will often pay out smaller win prizes.
SIZE OF THE JACKPOT
Slots could also have a progressive jackpot. This means that the jackpot increases each time a player does not win the game. These games may have a lower RTP, but the potential for a large payout may make them more appealing to some players.
CASINO’S PAYOUT PERCENTAGE
Casinos award a portion of all the money bet to winners, and this paid percentage is known as the ‘payout.’ This percentage is higher at online casinos compared to land-based casinos on average.
PLAYER’S BETTING STRATEGY
A player’s betting strategy can also affect their payouts. For example, a player who bets more money per spin may have a higher potential payout, but they also have a lower chance of winning bets.
FACTS ABOUT RTP IN SLOTS
Return to Player is an important concept in the world of casinos. The RTP of a slot game can be a useful way to compare the generosity of different games and choose which games to play. Keep in mind the following when jumping into your next game:
- The RTP is just one factor to consider when playing a game. Other factors such as win rate, game graphics, house edge and bonus features may also be important.
- Online slots tend to have a higher RTP compared to land-based slots, although the exact difference can vary. The RTP of a game is most often determined by the game’s developer and is often set before the game hits the market.
The RTP of a game is not guaranteed and individual players may experience different results in the short term.
SUMMARY
RTP is an essential factor to consider when choosing slot games and directly impacts the odds of winning. The higher the RTP, the better your chances of success. By understanding RTP and its implications on slot games, players can make more informed decisions, make the most of their bets and increase their chances of success at an online casino.
Does RTP matter? Most players would definitely say so, especially if you’re playing online casino games or online slots to win and not lose.
With the right knowledge and strategies, it is possible to maximise your chances of winning at slot games by taking advantage of the game’s RTP and choosing the right online casino. Check out EnergyCasino and put your newfound casino RTP knowledge to the test by playing your favourite slot games online!