A theme slot game attracted a number of players, and other players may be attracted to the number of attributes. But for avid players, RTP is the decisive factor in whether they play the game.
Attracting players comes down to giving them more of what they want. Players want a better RTP game. But what exactly is RTP and is it good for your casino in the long run? We will explain what RTP is, why it is such an interesting part of any modern online casino, and its calculation method.
Return to Player is a measure/calculation of the percentage of bets returned to the player by the game. The “returning player” usually requires at least one million play times, and is often considered a guide for the casino and how much revenue the player will eventually earn.
Understand that this percentage is based on actual bets and actual wins. This is not a hypothetical number. Spreadsheet calculations, periodic runs, or extensive game modeling have not tabulated them. RTP is based on real people who place bets on games in an online casino environment.
Return to player calculation example
Brands and online gaming sites usually indicate the percentage of players returned for each game. If the game’s return to the player is 92%, it only means that the player can expect the game to return 0.92 cents at $1.00 (or any currency equivalent) in a long game.
The game is usually played in accordance with the “return to the player” percentage specified in the rules of the game. Despite the statement, it cannot guarantee that every drama or series of dramas will return the specified percentage. Online game players should be aware that “returning players” wins are randomly rewarded, and the “returning players” published by online gaming websites may not reach the “returning players” advertisement.
In addition, the more times the game is played, the more data the RTP reflects about the actual return of the game, and the model is expected to become more “precise.” “Accurate” does not entirely mean that the distance between the two parties is getting closer. It means that as the number of rounds gets larger, the ratio on both sides of the equation gets closer and closer to 1. [100%-(Edge of House)] / RTP> 1.
Why RTP is important in online casinos
RTP has a high potential to attract players to join your game is very important to the online casino . After all, all gamers hoping to win would rather have a game that pays 95% than a game that pays 92%. For casual players who like short-term slot games, RTP is not particularly important. These gamers will choose their favorite slots based on the aesthetics of the game, rather than the most efficient game. For players who often play games, RTP is the basic indicator to determine which game to play.
Difference between RTP and variance
Usually, the difference conflicts with RTP. In simple terms, variance is the rationality that two games have the same RTP and different payout levels. Slot machines with lower variance pay less frequently, while slot machines with greater variance through unique jackpots or bonus features will pay for a large number of transactions.
Taking two slot games as an example, the RTP of each slot machine is 75%. One game may pay more often, but the amount is lower, while another game may pay less regularly, but the amount is larger. Both have an RTP of 95% because it is estimated to exceed 1 million rotations. The first slot game will pay $7500 more frequently, but the amount is smaller, for example, within 100 times, pay $75 from $10000. The other may pay 7500 US dollars less than 10,000 euros, for example 750 US dollars, but the amount paid is only 10 times.