The RTP (return to player) is a key indicator for slot machines. This indicates the percentage of paybacks to the community that the game provider has included in the algorithm of the slot machines. This allows you to see immediately how high the profit margin of your game is and how much the company can guarantee to take from the gaming funds.
Software manufacturers use programs that have an accompanying license and have passed the necessary tests at accreditation centers. This makes the game completely honest and open to all, as it is impossible to cheat the player. However, there are also disadvantages, both for the developers and the players.
It is impossible to determine which system is making you money. So keep in mind that all these concepts are not feasible. Almost always, players who have only recently started playing on websites or in new online casinos (2022) are interested in finding the most lucrative slot for themselves. The payout is almost the most important part.
So why is RTP worth a closer look?
This term stands for “return to player” – the percentage of the stake that is returned to the player. It is also known as “kickback” or by another term. The value is in the slot game when the developer created it. The difference varies depending on the machine.
The criterion under consideration is the ratio of payments to the player on the one hand and the interest advantage for the casino on the other – both expressed as a percentage. So if a provider sets the payout at around 98%, the player receives this percentage back and the remaining two go to the casino. In the gambling community, the common perception is that if the RTP is 97%, they bet $100 and get $97 of it. However, practice and data prove that this is not the case.
It is only possible to make a large profit after a few games. However, it is often necessary to wait for a payout after a few dozen or sometimes hundreds of games. It all depends on the dispersion. Dispersion is a deviation from the expected mathematical number.
There is also an alternative name for this indicator – volatility. The payout frequency always depends on this indicator. If there is a high variance possible payouts slots are rather rare, but when it happens, the rewards are quite large. The volatility, which is low on some spins, allows payouts after every spin. However, you should be prepared for the payout to be lower than the previous bet. This is why dispersion is so important.
Pay attention to your financial capabilities when choosing a game. These indicators show a common correlation. Statistical data and practical experience show that games with a characteristically high payout have a large variance. Even if the payout percentage is low, the volatility is low. The payout percentage is determined by the developer’s algorithms, taking a number of factors into account:
- The claims of the organization issuing the license;
- The legal requirements of the country you reside in;
- The model used by the developers directly.
At this point, the entire algorithm always follows a fixed scheme. It is defined on the basis of RTP. If the payout percentage is outside of what you are used to, you will not receive a license. The minimum value is 80-95%. The exact figure is determined by the respective country and the responsible licensing authority.
Why is it necessary to be aware of the different payout percentages of slot machines?
From this information, the player can deduce how the game will end. It will also help you decide how to budget your money. Something like this can occasionally help increase the odds of winning for everyone. The effect of the term shown has already been officially recognized internationally.
It is applied in all such games, both in online casinos and traditional land-based establishments, globally. The formula is simple: to calculate the winnings, take the amount of prize money and divide it by the percentage of bets you will make. Keep in mind that the result must be multiplied by 100%.
What is the House Advantage and how can I use it?
Anyone who uses slots must also be familiar with this term. Its value works exactly opposite to the amount of the payout. Without using scientific connotations, it is the casino that benefits, not the player. The result is just as simple: we take the RTP of 100% and that’s it. It follows that with a payout value of 98%, the percentage for the establishment is 2%.
Effect of RTP on bonus amount It’s useful to know that the relative value of your online casino bonus can be affected by the slots you choose and their RTP values. In summary, choosing slots with a higher RTP percentage will increase your chances of winning and the likelihood of meeting the wagering requirements of the bonus. As usual, it is advisable to carefully read the requirements for the bonus you wish to claim.
In many online casinos, you will find slot machines that have an above-average RTP. If you play slot machines with an RTP of around 96.7% or higher, you can gain an advantage. If your bonus requires a higher stake, you should choose slots with an RTP of around 97.5% or more to secure your advantage.
Conclusion
The rules are always set by the developer themselves based on the release of their software. Some providers offer high returns, although some of them have lower rates. Whether the casino operator can adjust the amount and order of payouts at their own discretion is a question that concerns many people in the sector, including players. No, as the value of the payout depends on the code set by the provider, which cannot be changed. It is up to the provider of the respective website to control and organize the entire gaming operation.
