The world of slot machines is complex, and if you’ve never played on a slot machine before, or are simply unfamiliar with how they work, it can be quite confusing trying to understand how they work.
There is a lot of programming involved with slot machines, and one of the key terms you’ll hear mentioned frequently is “RTP”.
If you don’t know what RTP stands for, or what it means, then don’t worry, as this guide will provide you with all of the information you need to know about RTP.
What Does RTP Stand For?
In the context of slot machines, RTP stands for Return to Player. It is a term used to describe the expected payout of a slot machine or game (see also “Best Payout Slots“), expressed as a percentage of the total amount wagered by players over a given period of time.
For example, if a slot machine has an RTP of 95%, it means that, on average, 95% of the money wagered on that machine will be returned to players in the form of winnings, while the casino will retain the remaining 5% as profit.
The RTP of a slot machine can vary but is typically in the range of 85% to 99%.
How Is RTP Calculated?
The RTP of a slot machine is typically calculated using statistical analysis of the machine’s payouts over a large number of spins.
This involves tracking the amount wagered on the machine and the number of winnings paid out to players and then using this data to calculate the percentage of total wagers that are returned to players as winnings.
This calculation is typically performed by the slot machine’s manufacturer or operator and is based on the machine’s theoretical payout rate, which is determined by the probability of winning on each individual spin and the size of the payouts for each winning combination.
Is It Better To Pick A Machine With A Lower Or Higher RTP?
From a player’s perspective, it is generally better for a slot machine to have a higher RTP.
This is because a higher RTP means that the machine is more likely to pay out winnings to players, which can lead to a more enjoyable and potentially profitable gaming experience.
However, from the perspective of the casino or other operator of the slot machine, a lower RTP may be more desirable, as it means that a larger portion of the money wagered on the machine will be retained as profit.
Ultimately, the choice of an RTP for a slot machine is a balance between these two factors and will depend on the specific goals and business model of the operator.
How To Play Based Upon A Machine’s RTP:
One way to use the RTP of a slot machine to your advantage is to choose machines with a higher RTP, as these are more likely to pay out winnings over the long term.
You can also use the RTP to help you determine your overall strategy for playing the slot machine.
For example, if you are playing a slot machine with a low RTP, you may want to bet smaller amounts of money and play for a longer period of time in order to give yourself a better chance of winning.
On the other hand, if you are playing a slot machine with a high RTP, you may be able to afford to bet larger amounts of money and still have a good chance of coming out ahead in the long run.
Additionally, you can use the RTP to help you compare the relative profitability of different slot machines and choose the ones that are most likely to be profitable for you.
However, it is important to note that the RTP of a slot machine is a theoretical value, and your actual results may vary depending on various factors such as the specific machine you are playing and your own luck.
How To Find Out The RTP Of A Slot Machine
To find out the RTP of a slot machine, you can try the following steps:
- Check the information available on the machine itself, as some slot machines may display the RTP on the machine or in the game rules.
- Ask the casino or other operator of the slot machine for the RTP. Most casinos and operators are required by law to disclose the RTP of their slot machines, so they should be able to provide this information upon request.
- Search online for information about the RTP of the specific slot machine you are playing. There are many websites and forums where players share information about the RTP of different slot machines, so you may be able to find the RTP of your machine by doing a quick online search.
- If all else fails, you can try using statistical analysis to calculate the RTP of the slot machine yourself. This involves tracking the amount wagered on the machine and the number of winnings paid out over a large number of spins and then using this data to calculate the percentage of total wagers that are returned to players as winnings. This can be a time-consuming and complex process, however, so it may not be practical for most players.
Overall, the best way to find out the RTP of a slot machine is to ask the casino or operator of the machine for this information.
They should be able to provide you with the RTP of the machine, along with any other relevant details about the machine’s payouts and game rules.
Hopefully, you’ve found this guide to RTP (Return To Player) helpful and now that you know more about what it stands for, and the effect it can have on your experience when playing slots, you can make more informed decisions about your betting, which leads to an even more enjoyable experience, thanks for reading!