Slot RTP Explained - Your Gateway to Better Payouts
Ready to play? We dig deeper into RTP, what it means, and what it does!
Hey there, slots spinner!
With the new year, we are starting a new resolution. We want to bring you even more knowledge about slots and casino games. Today, we are starting by bringing you closer to the slot RTP - clearing some myths and questions you might have.
What is Slot RTP?
The slot RTP stands for 'Return To Player' and is usually noted in percentage value. The value represents the percentage of wagered money the casino games return to the player over time.
It should be mentioned that it doesn't guarantee immediate wins but rather shows the potential profit players may achieve from the game.
How is RTP calculated?
When the RTP in slots or general casino titles is calculated, it is based on thousands or millions of spins and rounds to ensure accuracy. Attempting to calculate the RTP percentage out of only a handful of rounds won't work.
The calculation of the RTP is done by dividing the total amount of money returned to the players by the total amount wagered on the slot, but in percentage.
For example, if a slot has accumulated $1,000 in bets and returned $960 to players, the RTP is calculated as:
$960 /$1,000 = 0.96 ➡️ 96%
RTP = Variance?
Straight forward; no.
RTP and Variance are not the same, yet both have an influence on your gameplay. Some might also call variance volatility, which, by the way, we here at Slots Capital also use to call it.
While the Return to Player percentage speaks of the potential return you might get over time, volatility refers to the risk you take while spinning the reels on a slot or while placing your stake. A slot game can have a high RTP and still have high volatility. This would mean you would have to go through a long dry period before cashing in a significant win.
More will come in another knowledge blog post. Stay tuned!
RTP vs. House Edge
A coin has two sides, right? When RTP is the one side of a coin, the remaining site is the house edge. They are complementary, and the sum of both equals 100%. Taking the example from above, where we calculated the RTP of 96 %, it would mean that the house edge is at 4%. Both are 100% counted together to complete the calculation.
Type of RTPs?
As there are different slot games, casino games, and themes, the RTP has three major types. The impact on the returns is based on the type:
Fixed
As this type indicates, the payout percentage remains constant. This is typical in most of the online slots we offer, as it provides a predictable and stable experience.
Progressive
In progressive slots, RTP may vary as a portion of each bet contributes to a growing jackpot. While base game RTP may be lower, the potential for life-changing wins is higher in the game's features. This compensates for the reduced return in the base gameplay.
Variable
When the return percentage is variable, it depends on the settings of the predefined ranges. For instance, if a game offers between 92% and 97% RTP, the actual rewards depend on the casino settings.
You can always check in the paytable or help section of the slot to see which RTP is applied and how big your potential of winning will be.
RTP in Land-based Casinos vs Online Casinos?
As you can imagine, land-based casinos try to include slots with lower RTP percentages. The RTP ranges from 70% to 90%, depending on location and game type. If you think about it, it makes sense since a land-based casino has to pay the costs for the building, the staff members, service, and so on, so its house edge has to be bigger.
Online casinos, such as Slots Capital Casino, feature high RTP slots. That said, the RTP is usually between 94% and 98% in most online slots, giving the players better chances of winning big over time. The operational costs are lower, offering more fun and excitement to the players.
Where do I find the RTP for the Slots?
Finding the RTP value in land-based casinos might be trickier than in online casinos. It's not always disclosed openly, while in online slots, the information is displayed in the paytable, aka the help section of the slot or casino game itself.
Characteristics for High RTP Slots?
We can tell you are hungry to play the fantastic online slots in the Slots Capital Lobby. You can identify high RTP slots by low to medium volatility. Remember, volatility refers to the risk you are taking placing your stake. The lower the risk, the higher the chance of rewards at the end of the spin.
Another indicator is that the game has simple mechanics. This allows the game to focus on the base game and keep complex features out of it. With features, the RTP might be less.
As said before, the RTP of the games can be found in the help section and game set-up information. The transparent RTP information in the info sheet gives you on-point information from the game provider itself.
Debunk some RTP Myths with Us
Where there is a knowledge topic, there are myths to clear, right? When it comes to the return to player percentage, there are also some misconceptions misleading players. We want to debunk some common myths for you:
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High RTP guarantees frequent wins – BUSTED ❌
Since triggering winning combinations depends not only on the RTP, this is not true. -
97% RTP means I get $97 back from $100 played – BUSTED ❌
The return to player percentage is a potential value. You might get lucky and win more than your total stake placed or you have an unfortunate streak on the machine. -
RTP changes during the gameplay – PARTIALLY BUSTED ✔️❌
As you know by now, there are different types of RTPs. Progressive RTPs might change during a bonus game or other features.
Advantages of High RTP Online Slots
Probably, while reading through this post, you can already tell what the advantages of high RTP on the slots are. But let's quickly highlight the most important advantages for you as a player:
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Better Returns 💰: high RTP slots pay more money on a long-term run
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Reduced Risk ⚠️: with a low house edge and lower volatility (as in most games), it means less financial risk
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Transparency 🔎: The often-advertised RTP ensures clarity for the player satisfaction
Your RTP from this Knowledge
By opening this post and reading through the facts we shared, we returned some knowledge to you. By understanding the RTP, you know what's in for you on the slots. They play an essential part in influencing the potential of the player while also empowering the players to choose what to play.
Now you know that there are different RTP types, what the advantages of high RTP are and that playing at Slots Capital online casino offers you more chances to get the money in your wallet.
Spinning the reels may be a game of luck and chance, but knowing where to push your chances is always an ace up your sleeve. Hit the login button, play the various slots in our collection, and always watch out for the RTP on the slot machines.
