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What is RTP and how is it calculated? In online gambling, which keeps rapidly changing day in and day out, there is one crucial factor that influences player’s experiences and satisfaction. Return To Player or in short is RTP. It is essential in determining the long term profitability and fairness of online casino games.
Below, we will delve into the details of what is RTP, how the figure is worked out, volatility, and the regulatory requirements for online games. First, though, let’s explain why RTP really is one of the most key considerations when players decide where to focus their hobby. Understanding the importance of RTP, on the one hand, allows industry professionals to understand where to optimize game offerings strategically, and on the other hand, it helps players make informed decisions about odds and pay-out structures.
Let’s find out the meaning of RTP, its importance in gambling, and how you can use it to your advantage while playing at online casinos like SuperPH.
What is RTP?
RTP or Return to Player is the percentage of all wagered money that a casino game is expected to pay back to players over time.
What is RTP or Return to Player, widely referred to as simply RTP, is an important statistical measure adopted in online gambling to show the percentage of wagered money paid back to players through a casino game over time. It represents the opposite side of the house edge, which denotes the casino’s advantage over players.
For example, a slot game with 95% RTP simply means that, on average, players will get back 95% of the amount wagered whenever they play over an extended period. The remaining 5% represents the house edge or profit for the casino.
It is usually expressed as a percentage and shows the forecasted return to the player throughout a period. The RTP is also monitored for accuracy by both developers and independent testing houses so players can be sure that the game they are playing is operating fairly.
Consider that RTP is calculated over several thousand, if not millions, of spins or game rounds. This basically means that while it gives a good indication of a game’s payout potential, it doesn’t guarantee that every player will get 96% back of his money. You could win more or less depending on your luck during a particular session. You should also know that although the RTP gives a typical, overall potential return to the player in an online casino game, this RNG or Random Number Generator is employed in online games, which provides the random nature of these games, where any random outcome in a game can be hit or a loss.
Calculating the Percentage of RTP in Slot Games
If you are the kind of player who likes to be in the driver’s seat, then you can work out the RTP yourself. Many factors come into play when calculating it, such as the average bets placed, average rewards paid, and payout made during a particular game.
Knowing the RTP will give you an idea of how much players won compared to the total amount that was played. For example, if you had bet ₱500 and you won ₱ 25,000, then this one game has an RTP of 5000%. But this is just one outcome, and usually RTPs are measured over many games.
Now, understand how to find an RTP that will help you make wiser decisions when it comes to choosing games. You stand a better chance of winning this way. As a rule, games that have a high RTP, at least 94%, have very good odds in support of players. Also, the longer the cycle, the better the chances of winning close to its end.
Saying that you don’t have to stay away from games that have low RTPs, especially if you are a seasoned player. The volatility of online slot machines can be very high. This is generally compensated for with the big win that comes through. On the other hand, low volatility games pay small and more frequent wins. The more you gamble with online slots, the more strategies you build about how game volatility and RTP influence your game. It is also prudent that you select slots that suit your budget and style of play regarding the bet size and the percentage of RTP.
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What is RTP and why is it important?
RTP is important for numerous reasons:
Helps You in Choosing the Right Game
It will also allow you to make informed decisions about where you spend your money, knowing the RTP of a game. Games that have higher RTP percentages are usually considered better for players to play because they have a better chance of winning over time. If you’re trying to maximize your potential returns, it is always advisable to go after the games that have higher RTPs.
Affects Your Long Term Winnings
Such RTP has a direct implication for your possible winning over time. Once you have a high RTP, though, that does not mean you will win big in just one session; it actually means that over the long-term run, you are likely to get more money back than people playing games with lower RTPs.
Casino Transparency
The most clear indicator of a casino’s transparency is the RTP. For example, serious online casinos such as SuperPH openly indicate RTPs of games in their portfolio, which is a surefire sign of concern for fair play. This kind of transparency simply helps to build trust between the casino and its players.
What is RTP types in Casino Games?
The RTP can vary wildly depending on the type of game you’re playing. Here’s a quick look at how the RTP works in different casino games:
Slot Machines
RTP is very much related to online slots, starting from as low as 85% up to as high as 99%. Some of the most popular slots of SuperPH bring in RTPs around 96-97%, thus making them very attractive for players looking to maximize their returns.
Table Games
Other games, which include blackjack, roulette, and baccarat, have RTP values; normally, it is referred to as house advantage. For instance, in blackjack, RTP can be upwards of 99.5%, depending on the various rules in place coupled with the strategies in play. Roulette tends to have a much lower RTP. It usually stands in the region of 94-97%, depending on whether you play American or European roulette.
Video Poker
With that in mind, often this sets video poker up with some of the highest RTPs out of any casino game, usually cranking over 99%. The skilled player, a knowledgeable player who knows something about optimal strategy, will be in a great position to really take advantage of that and make some real strides toward success.
Live Dealer Games
Live dealer games, such as live blackjack and live roulette, also have RTP percentages. These games are usually congruent with the virtual siblings of the same game for RTP but are built for added excitement with a real dealer.
Volatility vs. RTP
While RTP gives an idea of a game’s payout potential over time, it’s also necessary to take into consideration volatility, better known as variance. Volatility is the term used to describe the frequency and size of payouts.
- High Volatility Games: These games pay out less frequently, but when they do, the payout is usually much bigger. If you’re the kind of player who enjoys taking a risk for that big win, then high volatility games might be more your style.
- Low volatility games: These games consist of small-sized, frequent returns. They come in handy for the players that would want to win on a regular basis with small wins without sinking a lot of money into it.
Volatility and percentage of return are two aspects that a player should balance while choosing a game. Even if the game is highly volatile, with a high RTP, it is quite challenging to win on short term bets.
How to Use RTP to Your Benefit
What is RTP? Knowing a game’s RTP can allow you to make wiser decisions about which games to play and how you can manage your bankroll. Here are a few tips on how to use RTP to your advantage:
- First things first, research the games: Before you play a particular game at any online casino, check its return to the player. This is often going to be posted right in the details of the game itself, predominantly on online casino sites like SuperPH, for example. If a game’s RTP is 95% or above, it usually can be classed as quite favorable to players.
- Focus on High RTP Games: If you want to extend your bankroll and stay longer at the games, focus on games that boast an RTP percentage. More or less, these games will offer better returns over time.
- Meet the Turnover Requirement: Most promotions have either turnover or wagering requirements before you can cash out from a cashback bonus or free spins. By selecting games with high RTP, you can meet those needs far quicker and at less risk.
- Balance RTP and Volatility: Decide on which games suit your style of gaming. If you want to play conservatively, try lower-variance games with high RTPs; if you’re after that bigger hit, try a high-variance game, but be prepared for those long dry spells between hits.
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Conclusion About What is RTP?
Any casino gamer should know and understand what is RTP. After all, it’s one of the big factors determining your ultimate gaming experience and possible variance in winnings over time. Knowing the exact RTP of the games you go ahead to play will effectively allow you to make wiser decisions and, by extension, better manage your bankroll for the chances of long term success.
At SuperPH, we pride ourselves on giving all our players an open and transparently honest gaming environment. That is the reason why all our games show the RTP information, so you can confidently enjoy your favorite games. So, the next time you sit down for that gaming session, remember to check the RTP, which could make a difference in your winning strategy.
