In casinos, RTP is an acronym that stands for Return to Player and is a theoretical figure that shows the expected payback percentage of slots. Its value is significant over a long period of time because it has been calculated using simulations of hundreds of millions or billions of game rounds. Generally speaking, when talking about casino games, the term casino win is most often used. For example, the casino win rate is 1.35% in French roulette. In other words, the casino’s long-term plan is to win that percentage of every bet you place. This is the fee that the casino charges to operate and allow you to play.
This fee is called the rake at the poker table. When it comes to slot machines, the RTP ratio is usually used to describe the payout. This figure is the opposite of the house edge, which defines the casino’s expected winnings over a long period of time. Let’s look at this with an example: Starburst has an RTP of 96.09%, which means that for every $100 you wager, you will receive $96.09. In this case, the casino win rate is 3.91%. This figure is equal to 100% minus 96.09%.
It is very important to have a good idea of what a “long term perspective” is. When we talk about this term, we are referring to the expected outcome over a huge number of spins, such as one billion spins. The expected long-term outcome is not necessarily achieved over a smaller number of spins or a shorter period of time. Also, to be clear, 50,000 spins is considered a small number in this regard. Many unforeseen things can happen in gambling, so you should make sure that you never bet money that you cannot afford to lose.
As mentioned earlier, the RTP shows you how much you expect to get back over a long period of time. It can actually take a lot of spins to get numbers approaching this theoretical number. Why? It’s all down to the fact that the mathematical formulas used to design slot machines also determine how that amount should be paid out. This means that some games may pay out larger amounts, which means high volatility but less frequently, which means a low payout percentage, while other games may pay out smaller amounts, which means low volatility but more frequently, which means a high payout percentage. A player with a lot of luck can win a jackpot, just like in progressive slots.
The number of times a player hits a winning combination is called the hit frequency. This figure can be used in game product descriptions and displayed online either for any winning combination or for a specific game feature, such as bonus game mode or free spins. Let’s look at this with an example: the win drop percentage of a slot game is 8 percent, which means that 8 percent of the spins played will bring some kind of win in the end. It is important to remember that the outcome of the game can vary significantly from this theoretical value due to randomness in the game, as is the case with RTP. While this is unlikely, it is possible that one of the following could happen:
If you play 100 spins, you get winning combinations 62 percent of the time, instead of the expected 8 percent.
You play a hundred spins and get no winning combinations instead of the expected eight percent.
