Why You Should Know About RTP And What It Means

Why You Should Know About RTP And What It Means
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Anyone who plays slot games will have encountered the letters RTP before. If you’re not sure what they mean or how important they are, you’re in the right place to get some answers.

What does RTP stand for?

The letters stand for return to player. Every slot game will take bets from players that go into a prize pool. The prizes won by players will come from that pool. Of course, the game creator or casino gets to keep a slice of the winnings for providing the game. The return to player simply means the amount of money that is returned to the people playing the game for real money by way of prizes.

How does this work?

Let’s say 100 people play the same slot game and place $100 of bets between them. If the RTP is given as 98%, it means $98 will be returned to some of those players in prize money. The remaining $2 goes to the casino.

Remember, the prize pool is not distributed equally among players

Our 100 players have wagered a dollar each in this example. Some might win back their dollar, while others may win back less than this. Let’s say the jackpot is $40. One person bets a dollar and wins $40 during play. Other players who win prizes will then share the remaining $58 in prizes from those bets between them. One might win back 45 cents, another might win $2, and so on.

That’s what you need to bear in mind when you are playing a slot game. You must be happy to lose the amount of money you are going to wager on a game. You might be happy to play a dollar on a few spins, and you might get lucky and win more than you wagered – or you might not.

The important element here is that if you play for a long period, the RTP of 98% will be more accurate. Obviously, one or two spins could return a huge amount, or you could lose on one or both spins.

Understanding RTP and how it works is vital if you are going to make the most of the time you spend playing online slot games. While it is possible to play for fun and not to bet real cash on these slots, many people do enjoy the thrill of trying to win prizes.

 

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