Online Slots RTP (Return to Player) Percentage & Why It’s Better Online Than Physical Slots
Online slots RTP (Return-to-Player) percentage is a common terminology in the gambling industry. In this guide, we will help you understand Return to Player how it affects gameplay and why it is better on online slots than physical slots.
What is slots RTP?
This is one of the most frequently asked questions. Well, the answer question to this requires more than a single sentence. The terminology RTP can mean many things and there is no exact definition to it. But in simple terms, RTP is the percentage of total wins over the total number of stakes that have been played.
Theoretically, this means that what a player wins at this game is calculated over a long period of play time and does not represent what happens when the game is played. For instance, if a slot has an RTP of 95%, 5 percent loss and 95 percent win isn’t what a player should expect on average for every $1 you wager.
This is mainly because sometimes your 95 percent could be someone else’s win or someone else’s stake could be contributing to the $80 you have cashed in. The RTP of each game has a payout that is not distributed evenly.
Otherwise, players would be paying 5 percent to play instead of gambling. In addition, if RTP was fixed on each spin, who would play the game knowing they will lose at the end of the day?
How to calculate RTP?
The uncertainty of gambling is what makes it interesting: the thought that for your $1, you could be taking 95 percentages of other players and winning $4.75. RTP is a measure of all the games that have been played by a player, all pooled together.
For instance, if you win $250 from a $10 session, the RTP can be calculated at 2500%; however, this means other players experience a lower RTP than the percentage advertised to cover for a better RTP.
In different RTP percentage pictures, you will find that even the best slots yield different returns on each turn. However, more often than not, this information is not given. Even slots with the highest RTP return less than 100%.
Aside from that, calculating RTP is tricky and practically impossible. You can make a calculated guess by tracking your bets and winning at the game, but you can be sure that it will be an approximation. The reason being the theoretical payout could not be found in any exact number of spins.
Winning slots with different RTP
To win at slots, you only need to remember the different types of variance in the game. If RTP and online slot wagers correlate, then it can be termed good gameplay.
There is not exact “best” time to win at online slots, but there is the advantage of knowing the RTP of game. If the RTP is low, then the game is not lucrative unless its variance is high. These games are like high risk offers from the casino.
They will pay you tenfold or may leave you barehanded. You should, therefore, be ready to lose it all and lose it fast, and if you are lucky enough to win, don’t rush to stake but a considerable amount.
A game with the best RTP means that it has low variance. So how do you play slots and win if they pay at such small sums? Well, you simply need to wait for the bonus rounds. You can easily do it with small budgets because of frequent returns, but don’t be carried away.
But why is slots RTP better online than physical?
At online casinos, the RTP percentage is significantly higher (usually above 94%), which means that players can win more in the long run than if they were playing at a land-based casino where the RTP usually around 85%.