RTP means Return to Player. It is an important factor when judging slot games as it gives you a general idea of what kind of return on investment you can expect in the long run.
The RTP of slot games is often presented as a percentage. For example, if a slot game has an RTP rate of 98%, you can expect to win $98 back for every $100 you put into the slot game.
It is important to understand that RTP is calculated based on an extremely massive number of spins — usually in the millions or even billions. So, over a relatively short play session of a few hundred or even a few thousand spins, anything can happen. This is what makes slot games exciting!
Online Casinos vs Land-based Casinos #
Players who have tried both online casinos and land-based casinos will have noticed that online slot games seem to pay better. This is true! Most slots online have a much higher RTP compared to land-based casinos.
The reason is simple — land-based casinos have limited physical space. To ensure that they turn a profit, they are forced to pay out less so that they can turn a profit. On the other hand, online casinos have no limitation to physical space — they can have as many slot games running as they need, while also bearing lower costs.
Why is RTP important? #
While anything can happen in a single slot spin, and it is unlikely that you will have the exact RTP as advertised (due to randomness in the short term) — RTP is still an important piece of information to have when assessing a slot game. On average, a slot game with higher RTP will pay out better than a slot game with a lower RTP. So, while you will experience randomness in the short term, you’re often better off playing on a slot game with higher RTP.