RTP stands for “return to player”. This rate tells how much a player will likely receive back from one’s bets in the long run. The online casino industry is booming, and there are thousands of platforms out there. So, if you’d like to play in one of them, it’s advisable to understand what the concept of RTP means and how it works. Come with us and learn how it can help you choose your next favourite game.
The House Always Wins
The famous saying “the house always wins” is far from an exaggeration. In fact, it’s a business model. Consider a game with an RTP rate of 98%. It means that if you bet GBP 100, you’re likely to receive back GBP 98 or less throughout several rounds. The 2% is the casino’s profit
Online casinos – be the ones found on dappgambl.com/crypto/ethereum-casinos/ or more traditional ones – are businesses like any other, which must make ends meet by the end of the day, and they have been doing so spectacularly well. This market is expected to cross the USD 90 billion mark this year worldwide.
There’s no game with an RTP rate of 100%, which means no game gives certainty of victory, let alone profit. There’s no way to know how much you’ll receive back, and there aren’t guarantees of any return at all. It’s a stark reminder that gambling should never be seen as an investment and should never be played, counting on any gains.
Volatility
The concepts of RTP and volatility are often related. While the first says how much you can win over time, volatility is about how frequently you’re likely to land on a winning combination. Games with high volatility award such combinations more rarely, although prizes tend to be higher. Conversely, you’re likely to win more often in low-volatility games, but prizes tend to be lower
Although games with high RTP rates usually have high volatility, it’s possible to find games with different volatilities but the same return to player rate. Similarly to RTP, volatility doesn’t guarantee results, but it estimates the likelihood of winning. You’ll also find this concept referred to as “variance.
Low-volatility games typically have jackpots ranging between 250 and 500 times your base bet. While there are much higher jackpots, you’re likely to win more often in such games.
As the name suggests, medium-variance titles stay somewhere between low-variance games
You’ll likely lose more rounds than in the first type, but prizes are potentially better, too. High-variance games can offer jackpots as high as 10,000 times your initial wager, but you shouldn’t expect to land on winning combinations often here
With those concepts in mind, you can choose games according to your winning expectations. If you’re ready to spend long periods without winning for the chance to score big, high-volatility games are the best choice for you. However, if you prefer more action, even to win smaller prizes, go for low-variance games.
Trying Your Luck
Unlike RTP, most online casinos don’t disclose the volatility of their games. It can take around 1,000 rounds to assess the variance of a game correctly. That’s why it’s advisable to try new games in the demo version. You can play as much as you want and try all the features without risking a dime
Some casinos offer demo versions on their own websites, but plenty of free platforms concentrate on the demo versions of countless games. Indeed, it’s the safest way to get acquainted with the gameplay of a new title.
Choose Your Game
Slots are casino games with the highest volatility, while table and card games offer more winning chances. Blackjack, for instance, can have an RTP as high as 99%, but it’s a game that depends also on skill. Even games of pure luck, like roulette, can have a higher return to player rate, depending on the kind of bet you choose.
