February 08, 2021

Casino Games: What Is the Meaning of RTP?

One of the many things that are widely known about slots is that they offer random results. There is no chance for either gamblers and casino operators to predict the results of a round or exploit them.

Nonetheless, there are payout metrics provided to give hypothetical predictions of how pokies are likely to steer wins, and RTP is the most common of them.

Casino Games: What Is the Meaning of RTP?: eAskme
Casino Games: What Is the Meaning of RTP?: eAskme

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RTP is popularly used as the abbreviation for Return-to-Player rates. This payout metric describes the theoretical returns expected in a game, and it is usually expressed as a percentage.

Therefore, a pokie machine with a payout potential of 97% is expected to award $97 for $100-stakes placed over the long run.

RTP rates aid gamblers in identifying the best slot machines to take gambling risks at.

The higher the stated RTP percentage, the better the chances of a casino slot having good returns.

The House Edge

The house edge is usually also used to refer to the likely payouts in a game.

This metric states the advantage that the casino has over players.

It is easily calculated as the remaining percentage after deducting the Return to Player rate. Hence, a casino game with an RTP of 97% has a house edge of 3%.

Usually, this term refers to the odds in table games like roulette, baccarat, blackjack, and craps.

The Statistics Behind RTP

Theoretically, the math behind Return to Player rates is simple. The percentage is acquired by dividing the total winnings earned by amount used in stakes.

Therefore, RTP tells the likelihood of a game to pay depending on the results collected from previous rounds. However, these results cannot be used to influence later results.

Table games like blackjack and roulette have the most straightforward Return to Player rates to track.

For instance, in European Roulette, gamblers expect one in 37 results to be revealed.

Such a small fixed number allows players to play within rigid winning odds.

Slot machines, on the other hand, can display hundreds to thousands of results in a round.

Accordingly, their winning odds fluctuate a lot more than those of table and card games.

Typically, software developers observe gameplay results over hundreds of thousands of spins to identify the RTP rate.

Games with a payout percentage of 95% or more are likely to offer better winnings than those with lower rates.

Variance and RTP

Variance, also known as volatility, is a popular payout metric often displayed alongside the RTP.

While a game's Return to player rate tells the winnings it may offer, variance defines how the RTP rate is realized.

Volatility means how often a game is likely to award winnings.

Pokies and other casino games with low variance offer wins more frequently but in small amounts, while high variance ones give payouts rarely but in significant portions.

There are medium variance games as well, which award average wins in moderate intervals.

In most cases, players gravitate towards high RTP games that have high volatility as well.

However, low variance games work just fine, especially when working with a small budget.

RTP Verification

The software developers behind the creation of casino games are also responsible for calculating and providing their Return to Percentages.

The RTP rates are then confirmed by regulating firms such as licensing bodies and independent testing firms.

The UK Gambling Commission, which oversees the gaming industry in the United Kingdom, is considered the finest of the lot at the task.

The licensing institution placed a law in 2016 that required the provision of live RTP odds from both software developers and casinos.

The results may differ from those stated by the software companies. However, it is logically dismissible if the variation is small.

However, if a gambling den tries to cheat their way to more significant profits, the disparity in the rates will expose them.

For instance, a game with an RTP rate of 97% will raise suspicion if the live RTPs show only 92%. 

Since reputation is carried in high regard in the online gambling community, nearly all license holders adhere to fair gameplay stipulated guidelines. Those that do not are mostly stripped of their permits.

Top RTP Casino Games

The Return to Player rates in casino games differ from each other.

In most cases, the featured RTP rate is determined by the game category they fall into.

Table games often have the highest payout rates, but some slot games also rank high.

These games include;

Single Deck Blackjack

Single Deck Blackjack takes the crown with the highest RTP of 99.75% and higher, which is significantly above that of variations with multiple decks.

The game's low house edge is mainly because the few cards make it easier for gamblers to track the card numbers and suits.

Mega Joker

NetEnt takes first place on this slots list with the Mega Joker Slot, which has a payout percentage of 99%.

The game is a classic that displays winning icons frequently.

The fruit-based pokie pays for combinations of cherries, plums, lemons, grapes, melons, and a joker.

The game also includes the Supermeter bonus, which increases the stakes and the winning potential to 400,000 credits when jokers land on all the reels.

Ugga Bugga

Ugga Bugga by Playtech also features an RTP rate of 99%, and it takes players on an adventure through a lush jungle full of tribal artefacts.

The pokie is kind to low rollers and accepts stakes as little as 0.10 credits.

The game's jewel lies with three golden hearts that award up to 1000 times the placed stake.

The regular hut icons also award multipliers of up to 125 times.

1429 Uncharted Seas

Thunderkick's 1429 Uncharted Seas carries RTP odds of 98.6%.

The pokie features a medieval theme that explores the mysteries of the ocean. Mermaids, turtles, fish, and lobsters are some of the used characters.

Wrap Up

The RTP of a casino game is a crucial detail to consider when gambling.

The percentage may not disclose the precise amount of winnings, but it offers insight on the wins that can be expected over time.

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