Online slots are a popular form of online gambling, but do you know what the term “RTP” means when it comes to these virtual machines? RTP stands for “return to player” and it’s a percentage that represents the amount of money that a player can expect to get back from a slot machine over a long period of time.
When it comes to online slots, the RTP can vary greatly between different games. According to a study conducted by the UK Gambling Commission, the average RTP for online slots is 96%. This means that for every $100 played, a player can expect to get back $96 on average. However, some online slots have an RTP as high as 98%, while others can be as low as 90%. It is important to keep in mind that RTP is a long-term average, so individual sessions may have different results.
One of the key advantages of playing online slots is the ability to easily find the RTP for a particular game. Many online casinos and slot providers will list the RTP for their games on their website or in the game’s information page. This allows players to make an informed decision about which games to play.
It’s worth noting that while a higher RTP generally means a better chance of winning in the long run, it doesn’t guarantee that you’ll win every time you play. Online slots are games of chance and the outcome of each spin is determined randomly by a computer program called a random number generator.
Another important aspect to consider when it comes to RTP is volatility. Volatility is a measure of how often and how much a slot game pays out. A slot with lowish volatility will pay out small amounts frequently, while a slot with high volatility will pay out larger amounts less frequently. High volatility slots might have a lower RTP but the potential for big wins is higher.
For example, let’s take the online slot “Book of Dead” with an RTP of 96.21% and the online slot “Mega Moolah” with an RTP of 88.12% . Book of Dead is considered as a low volatility slot and Mega Moolah is considered as a high volatility slot. This means that the chances of hitting a big win on Mega Moolah are higher than Book of Dead but the chances of winning something on Book of Dead are more frequent.
In conclusion, RTP is an important factor to consider when choosing which online slot to play. A higher RTP means a better chance of winning in the long run, but it’s important to also consider the volatility of a game and your own personal preferences. Always make sure to check the RTP of a game before playing, and remember to gamble responsibly.