In slot machine reviews, the RTP indicator is often found, but not all users know its correct definition. In short, this parameter determines the generosity of the video slot. Therefore, before playing in online casinos for real money, it is recommended to get an idea of what RTP means and how to calculate it.
What Is RTP?
The “RTP” term stands for “Return to Player.” In other words, it is a return on funds indicator. It is expressed as a percentage and shows how much money a user will get back in the slot. So, if the RTP of a video slot is 95%, then that is how much of the number of bets a gambler will receive in the form of winnings. And privatecasinos.com — trusted real money online casinos in Canada will help you pick the best casinos with the most profitable RTP for you.
The return rate is quite relative; it is impossible to make accurate calculations based on it. An RTP of 95% does not mean that a player will receive winnings of $95 from $100. One can lose the entire amount or hit the jackpot, which will be ten times larger. The frequency of wins depends on the variance. In machines with low variance (dispersion), users often win but in small amounts. And when it comes to high-dispersion slots, they rarely win but accurately. When analyzing a slot machine, these two indicators are taken into account. The return value reflects the variance and manifests itself during the long game. The client needs to make thousands of spins of the reels to confirm the RTP. You can read about the popularity and future of gambling among Canadian gamblers on the best online casino sites from privatecasinos.com.
What Determines the RTP of Slots?
Two characteristics affect the wagering rate of a particular video slot:
- Conditions of the state regulator;
- Manufacturer’s mathematical model.
In each state with a regulated gambling industry, a special body determines the minimum level of RTP. So, in Canada, it should be at least 90%, in Australia — 85%, and in the USA, it depends on the state. The RTP of best casino games in offline establishments is lower (from 85%), as they spend more money on content than virtual portals. On licensed online gambling sites, this parameter ranges from 90% to 98%.
In recent years, slot developers and the best casino sites have been gradually increasing the RTP. Well-known vendors such as NetEnt and Microgaming rarely produce gaming emulators with a return percentage below 95%. Players are becoming pickier and more often choose slots with a high RTP. Video slot developers set the wagering rate in different ways. So, most models from Amatic have an RTP of 96%, while for Betsoft, it is 91-98%.
How to Calculate RTP?
You can find out the return percentage of most slots on the websites of manufacturers or in detailed reviews. It can also be determined independently using the following formula:
The number of winnings / the number of bets * 100%.
The more spins of the reels are made, the more accurately the RTP indicator will be calculated because manufacturers do not indicate the duration of the game cycle for their slots. Otherwise, the results will be incorrect, as they are highly dependent on the variance featured at a casino from privatecasinos.com.