What is RTP in Slots? Slot Machine Return To Player Explained
In the realm of iGaming, understanding the mechanics behind slot games is crucial. Among the key elements dictating your potential winnings is the concept of Return to Player percentages, or RTP. This guide will delve into the concept of slots RTP, how it impacts your gaming experience, and the factors that can influence it.
What is RTP (Return to Player)?
The RTP is a term often used in casino parlance to describe the percentage of all wagered money a slot machine will pay back to players over time. Essentially, it gives you an idea of how much you could expect to win in the long run.
For example, If you head on over to 888casino and find a slot with an RTP of 95%, this indicates that, theoretically, you could expect to win £95 back for every £100 staked. However, this isn't a guarantee that you can win that much money back when playing. And we'll explain why in the next section as we take a more detailed look at how it works.
More of a visual learner? In 30 seconds, we’ll show you what RTP is and why it matters...
How Does RTP Work in Slots?
To understand how slot RTP works, it's essential to remember that it is a theoretical statistical calculation. It's not an instant measure that applies to the short term but rather a reflection of the expected performance over a vast number of spins—often millions. This understanding is vital because, in the short term, anything can happen when playing online slots!
Let's take a look at why this is.
Every spin of a slot machine is a separate, random event, independent from the previous or the next one, thanks to a mechanism called a Random Number Generator (RNG). Here are the facts about RNGs:
- RNGs are algorithms used in computing to generate numbers that lack any pattern.
- This ensures that every slot spin is entirely random and fair.
- When you spin the reels, the RNG produces a random set of numbers within a fraction of a second.
- These numbers determine the outcome of your spin.
While the RTP does not impact the result of each individual spin directly, it does shape the game's payout structure.
Here's an example to illustrate: let's say we choose to play the Age of the Gods slot at Sky Casino, which has an RTP of 95.02%. This figure implies that if £1,000,000 were wagered on this slot over millions of spins, the game would return roughly £950,200 to players in winnings. The remaining £49,800 is what's known as the house edge, which is how casinos make a profit.
However, this doesn't mean that every player betting £100 will get exactly £96 back. One player might hit a big win, while another may not get a single return. The RTP plays out over a long time and a vast number of spins.
It's also important to note that the RTP is an overall average, and it does not apply uniformly to every player. Each player's individual RTP can vary greatly in the short term, which is why some people walk away with massive payouts while others might lose their stake.
Importance of RTP in Casino Games
The RTP of a slot machine, while not guaranteeing individual wins, provides invaluable insight into the potential long-term performance of a game. Essentially, the higher the RTP, the lower the house edge, which is beneficial to the player. This fact becomes clearer when we delve into the intricate dynamics of casino gameplay and the strategic decisions players can make.
Helping You To Make Informed Decisions
RTP helps players make informed decisions about which games to play. When choosing a slot game, one of the first things an experienced player will check is the RTP. By opting for high RTP slots, players increase their potential for winning over a more extended play period. While it doesn't assure immediate wins, the RTP serves as a guide for what you can expect the game to pay back over time.
For example, a slot game on PokerStars Casino with an RTP of 98% theoretically gives a better return over time compared to a game with an RTP of 92%. Choosing the former over the latter would mean the odds are slightly more in your favour.
Managing Your Bankroll
Understanding RTP can help players manage their bankrolls more effectively. By opting for higher RTP games, players are likely to experience more frequent payouts, even if they are small. This can help to extend gameplay, allowing players to get more enjoyment and time from their allocated budget.
Assessing Risk
Players can use the RTP to identify slots that suit their risk preference. Higher RTP games tend to be lower in volatility, offering smaller but more frequent payouts. Conversely, lower RTP games often have higher volatility, meaning wins might be infrequent, but they can potentially be significant.
Maximizing Winnings with High RTP Slots
The appeal of slot gaming largely lies in the thrilling prospect of landing big wins. With RTP being a critical component in understanding the dynamics of slot machines, selecting high RTP slots is a sound strategy for maximizing potential winnings. Here, we delve into how this strategy works, and how you can couple it with savvy bankroll management for optimal results.
Games with a higher RTP theoretically give back more to the players over an extended period of gameplay. For instance, a slot at Yeti Casino with an RTP of 97% should, over time and a significant number of spins, payback £97 for every £100 wagered. By opting for such games, you increase your potential for more frequent or higher returns in the long run.
It's important to remember, however, that RTP is a long-term measure. It doesn't guarantee any immediate wins or dictate the size of the wins. Slot games are inherently games of chance, with each spin independent of the previous or next one.
Our Tip: Set yourself a 'winning limit'
It's a good idea to set a winning limit – an amount at which you will stop playing and cash out your winnings. This prevents the common pitfall of continuing to play after a big win and potentially losing what you've won.
Factors Influencing RTP in Slots
The RTP rate of a slot game is not just an arbitrary number; it is carefully determined by a combination of various factors. Understanding these factors can provide valuable insights into your gameplay strategy.
- Slot Volatility
Also referred to as variance, slot volatility is a term used to describe the risk associated with a particular slot game. High volatility slots have larger, but less frequent payouts, and a higher risk level. They often have lower RTPs because the significant payouts they offer can skew the balance. On the other hand, low volatility slots offer smaller but more frequent payouts and typically have higher RTPs, reflecting the increased probability of returns. - Game Features
The variety of in-game features can also influence the RTP. These include wild symbols, scatter symbols, multipliers, and others. This is because these features introduce an additional element of risk, allowing players to potentially double their winnings, but also run the risk of losing them. - Bonus Rounds
Slots with elaborate bonus rounds or progressive jackpots often have lower RTPs. This is because a portion of the wager is directed towards the bonus or jackpot pool. These games might offer a lower likelihood of regular wins. - Game Structure
The basic structure of the game, including the number of reels, paylines, and the distribution of symbols, can also impact the RTP. - Regulatory Requirements
Software developers also consider regulatory requirements when setting RTPs. In certain jurisdictions, there are legal minimum and maximum RTP thresholds that games must adhere to.
Finding High RTP Slot Games
You will find that the best online casinos display the RTP of each slot in the game's rules or paytable. They may even include them in a game's description before you open it up to play. If you struggle to find a slot's RTP, you can also take a look at the game provider's website which will usually have all the details you need.
If you're specifically looking for games with a high RTP, then sadly, you'll just have to take a look at each game that looks interesting and check it out yourself. Because online casinos do not often allow you to search by this characteristic. However, you can check out our post on the best online slots which will give you an idea of some of the more popular slots people like to play and below we list some of the best online casinos where you can play.
Slots RTP FAQs
How is the RTP of slots calculated?
RTP is calculated by dividing the total amount returned to players by the total amount gambled by players, then multiplying by 100 to give a percentage.
Why is understanding slot RTP important for players?
Understanding slot RTP allows players to make informed decisions about which games to play based on potential returns.
Are there minimum or maximum RTP values for slot games?
RTP values can vary widely, but typically they range from around 85% to 98% in most jurisdictions.
Can I find the RTP information for a specific slot game?
Yes, most casinos provide RTP information in the game's rules or paytable.
Do higher RTP slots guarantee bigger wins?
Higher RTP slots don't guarantee bigger wins, but they do indicate a higher probability of winning over time.
Are there any strategies for choosing slot games based on RTP?
Yes, one common strategy is to choose games with higher RTP percentages as they theoretically return more to players over time.
Are progressive jackpot slots known for having lower RTPs?
Yes, progressive jackpot slots often have slightly lower RTPs because a portion of the bet is diverted to the progressive jackpot.
How does slot volatility relate to RTP?
Slot volatility refers to the risk level of a game. High volatility slots offer larger, less frequent payouts, while low volatility ones offer smaller, more frequent payouts. It's independent of RTP, but both are important factors to consider when choosing a slot game.