If you have ever played slot machines at online casinos, you have probably come across the term RTP. You have likely seen it hundreds of times but may not have truly understood what it is.
In its simplest form, RTP is short for Return To Player.
But what does it mean? What does it matter what the RTP of a slot machine is? And how does the RTP level affect you as a gambler when you play on a specific slot machine?
Let us sort all things out here.
As previously mentioned, RTP stands for Return to Player and is a theoretical payback percentage of a slot. That is how much a player will get back when they gamble at a slot machine.
The higher the payback percentage of a slot machine is, the greater the chance of winning. What you need to understand, is that this figure does not say much about your chances in the short term. It is based on a large number of spins on a slot machine, perhaps as many as a few million.
Also, the RTP level is purely theoretical. With that said, one should be aware that this is rarely true in practice. Remember that all gambling is based on luck in one way or another, not on skills like NFT-based video games.
If the theoretical payback is rarely accurate in practice, why is it meaningful to players?
Well, although the RTP is rarely accurate in practice, it can give gamblers an indication of where they have the best chance of winning. If you play a slot machine with a high RTP, you should have a better chance of winning over time compared to a slot machine with a low RTP. Once again – in theory.
There are also some situations where it can be very beneficial to play slots with a high theoretical payback, such as when you have taken advantage of a bonus that is subject to wagering requirements. This is because you then have to wager any winnings a number of times.
Once you have claimed such a bonus, and have to wager it a number of times before you can withdraw any money, you will want to do this as quickly as possible. In this instance, it is a great opportunity to play slots with a high RTP.
So, to sum up, playing on slot machines with high RTP can be beneficial if gamblers want to maximize their chances of winning in the long run.
An easy way to find the games with the highest RTP is to use a Slot Tracker. This is because such trackers can affirm the player’s RTP, increasing your chances of winning.
But despite that, remember that there is no guarantee that you will win simply because you solely choose games with a high RTP. In the long term, however, it may be a good idea.