RTP (Return to Player / The Payback Percentage) is a number that indicates the theoretical return of money you invested in a slot. This is a number that is expressed as a percentage and usually varies between 82% and 98%. However, the most common are slots with an RTP of 96%. Slots with a higher percentage of RTP contain more bonuses and more free games, so it is logical that these slots have a higher chance of winning larger sums of money. But even that doesn’t mean you can’t win a bigger amount on slots with a smaller theoretical return. The number of spins that are “reversed” on a game is important because RTP is calculated based on an infinite number of “reverse” spins.
What is important to emphasize is that it is a theoretical return of money, which means that if you “turn” 1,000,000 spins for one dinar in a game, your theoretical return will be 960,000 dinars, if the RTP is 96%.
However, as mentioned earlier, you must also pay attention to the fact that RTP is calculated based on an infinite number of “reverse” spins on one slot. That’s why it’s interesting to play slots – a lot can happen over a period of a few minutes to a few hours.
Theoretical return formula
The formula through which the theoretical refund is calculated is the total amount returned to the player divided by the amount invested per player, per round, for a certain period of time (usually on a monthly basis).
Here it is important to mention House Edge or House Advantage, ie. The advantage that the casino has over the player. The simplest explanation – RTP is the opposite of House Edge. So, if the game has an RTP of 96%, House Edge is 4%, that is. When you add these two, you always get a figure of 100%. It is logical that only slots with a higher theoretical return on money should be played then. But you should also keep in mind slot volatility or variance.
Volatility is the risk involved in playing a particular casino game. Slots with a lower percentage of volatility will pay out smaller amounts of money more often, while slots with a higher percentage of volatility will pay out larger amounts, but much less often.
The myth of RTP
One of the ingrained myths among gamers is that online casinos misuse the RTP of their slots. This may not be true because online casinos do not have slots, they only rent them. This means that they do not have access to change the options of a slot game. However, what casinos can influence are progressive slots that have jackpots. One progressive slot can have a 92% RTP, but one part of its RTP can be realized through a jackpot. This means that your chances of getting your money back are less than 92% because the jackpot is included.
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