What is RTP and how can online casinos lose money on "generous" slots
play-crazy-time-slot.com has published statistics on betting returns for the last week. Some games have this figure exceeds 100% and even 200%. What does it mean and why it's bad for the casino?
After many years of illegal gambling establishments in Ukraine, some users believe that gambling is only a cheating and "rip off".
The main difference between a legal operator and the "underground" - the use of certified software, for the correctness of which the developer is responsible. In other words, online casinos act as an intermediary between a reputable gambling equipment supplier and a player himself.
One of the most important indicators of the serviceability of virtual gaming machines or "slots" - RTP or the percentage rate of return of bets to the player. Telling what it is and how it works.
RTP: the higher - the better
Literally RTP (Return to Player) means "return to player". As you can guess from the name, RTP is the coefficient determining the regularity of payments of the slot, calculated in relation to all bets made and expressed as a percentage.
Most legal online casinos have RTP of different slots greater than 90%. This means that most of the money received virtual machines give to the players.
That is, if for all the time the slot received, for example, $100 thousand, and its RTP is 95% - $95 thousand will receive players in the form of different amounts of winnings.
According to the RTP of each slot machine, you can calculate how much the casino earns at a distance.
RTP above 100%: myth or reality?
Some slots really can have RTP above 100% and give away more money than they get. But it happens very rarely and it is not a fact that a player will be lucky to hit the jackpot in such slots.
