Understanding the concept of Return to Player (RTP) is essential for maximizing your chances of winning in casino games. In this comprehensive guide, you can explore the definition of RTP percentage, its significance in slots, the difference between RTP and volatility, the role of the house edge and how you can take advantage of casino RTP.
What Is the RTP Percentage?
RTP stands for Return to Player and refers to the percentage of wagered money that a casino game is programmed to pay back to players over time. The higher the percentage, the higher the chances are of a player winning in the long run.
In the same vein, if an RTP is low, it means players have little chance of winning. For example, an online slot game with less than 94% RTP is considered unfavorable for gamblers. If the RTP stands at 100%, then it means that all the wins go back to the customer and the casino loses all the money.
RTP in Slots
In slots, RTP represents the amount of money a slot machine is expected to pay back to players over its lifespan. For example, an RTP of 95% means that, on average, players can expect to receive $95 back for every $100 wagered.
RTP is set by casino operators and game developers but is checked and scrutinized by gaming regulation bodies.
Online casino games, being more competitive than land-based ones, attract players by offering games with higher RTPs. Many land-based slot games have RTPs as low as 80%, whereas online slots typically have RTPs of 92% or higher.
Understanding Volatility vs. RTP
Volatility and RTP are distinct concepts in casino games. While RTP indicates the long-term average return, volatility refers to the risk and frequency of winning. High-volatility games offer bigger wins less frequently, whereas low-volatility games yield smaller wins but have more frequent payouts.
You need to consider these factors when picking your best online casino. If you go for a slot game with a higher-than-average RTP but higher-than-average volatility, you could be spinning the reels for a long time until you hit it big.
It is recommended that you go for a slot game with medium volatility, which should keep things balanced.
The Role of House Edge
In addition to RTP, the house edge is another factor that affects your overall chances of winning. The house edge represents the mathematical advantage the casino has over players, ensuring its profitability in the long run. A lower house edge means a higher RTP for players.
Nonetheless, if an online slot has a high RTP, the house edge still plays a part in giving casinos a profit. The RTP cannot tell you precisely how much you can win, but it can inform you of how much the casino can gain from you playing a specific slot.
Taking Advantage of Casino RTP
Understanding RTP is one thing, but now you need to know how to use it to your advantage. While there are other things to consider, a high RTP can still reap plenty of benefits.
A slot game with an RTP of 96% or higher is considered a good slot game. It is important to remember that jackpot slots tend to have a lower RTP. However, the slot game Mega Fortune Dreams, for example, has a generous 96.4% RTP.
To make the most of the casino’s RTP, consider the following strategies.
Research and Choose Games With Higher RTP Percentages
Look for slots or casino table games that offer a higher likelihood of favorable returns. Familiarize yourself with a game’s RTP and other characteristics before playing for real money. Consider features like variance, volatility and bonus rounds.
Understand the Game’s Volatility
If you seek frequent wins, opt for low-volatility games. If you aim for big jackpots, choose high-volatility games and match them with your preferred style of play. Some casino games are especially noted for their high RTP, for example, live dealer casino games like live blackjack and slots, while some are notorious for their unimpressive RTPs, like online roulette.
Manage Your Bankroll Wisely
Set limits on your wagers and know when to stop playing. When you are on a losing streak, your RTP is decreasing significantly in that game session you are playing. This also leads to an increase in the house edge and profit for the casino at the expense of your payroll.
Explore Bonuses and Promotions Offered by Casinos
Bonuses and promotions provide additional value and increase your overall RTP. It is advisable to play a demo mode of the online slot game to understand the gameplay and map out your strategy before playing for real money.
Pick Your RTP at BetMGM
Understanding how theoretical RTP works and how it affects your chances of winning is essential if you want to make smart, informed choices when playing your favorite casino games. Remember that RTP represents the long-term average return, while volatility and the house edge influence the risk and profitability.
Whether you stop in at a land casino or register for online slots, choose games with a higher RTP. Provided you also manage your bankroll effectively and take advantage of bonuses, you should start to enjoy more successful and rewarding gaming sessions. Register with BetMGM, one of the best live dealer online casinos in the world, where you’re offered a wide variety of games and special bonuses.