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What is RTP?
You will see an RTP % when you play slot machines at casinos on the internet. What does RTP stand for? It's basically an % that shows the amount of money you're likely to receive from your stake.
RTP means Return To Player. It's simply the amount of players' total wagers which are paid back to them.
A lower percentage means you're more likely lose money than a machine with more of. If you look at it oppositely, a lower % will mean the game is more profitable for the online casino as well as the game studio who supplies the game.
A practical example
A 97% RTP game implies that for every $100 a player invests in a casino game, $97 will be refunded to him. The casino online will earn $3 if the player loses $3. A portion of this $3 will be donated to the casino game studio.
What is the RTP percentage that is published on websites?
You can see the RTP percentages when you choose one of the slots on the Paddy Power Games page. But the RTP listed does not mean that players won't lose that percentage in that particular session. It's a hypothetical Return To Player determined by statistical modeling of the game over time.
The Casino Games are developed with the help of an RNG Random Number generator. The algorithms that generate the result are developed to guarantee that a certain percentage RTP result over a long time.
A number of countries have regulations for online gambling. Operator licenses are needed for an online casino offering approved slot games. A licence is required for a supplier of games to be a certified country.
The seller must get their game tested by independent gaming testing companies such as Gaming Labs. A part of the testing process is to ensure that the Return to Player is correct. This is how the participant can feel fair.
What is a typical RTP?
While the percentage can differ between games however, it's usually between 94-97 percent. You can analyze RTP for every provider and game by signing up at iGaming Tracker.
Does This Mean The Player Always Loses?
Yes, statistically, the player can be successful, however the Return to Player calculation is based upon large amounts of playing. A player may win an amount that is far greater than what they bet in a single play session. They could also lose their staked money. RTP rate is played by computers and you could lose a significant amount of money over the long term.
Here's my website: https://www.winslots.org/learning/return-to-player-rate
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