Though the proper objective of gaming online should be to have fun, we cannot but recognize that most players play casino games to earn money on the bets they place. Therefore, casinos must put in place measures that ensure fair payouts. The factor that ensures players are fairly paid in online gaming is RTP. However, the RTP meaning is often not cared about by many players. And it should not be so.
Why do you need to know the RTP meaning, and how do you calculate it? The answers to these questions and many more about the RTP will be attended to in this casino news. Let’s dive in!
RTP Meaning Simplified: How Gaming Payments Work
Return to Player is the average percentage paid back to a player for every dollar wagered on casino games. RTP works oppositely to house edge. Here is an example for you to understand the RTP meaning better.
Taking a casino paradise slots with an RTP of 97%, players can expect an average of $97 in return on every $100 stake placed. The $3 that is left belongs to the casino as profit.
From the example above, we can simply say RTP is a theoretical figure of the percentage of bets a casino game will pay a player as profit.
However, it is essential to note that the RTP percentage is not based on just one game round. It is based on thousands and millions of rounds or spins if we talk about online slots. Therefore, players shouldn’t be disappointed when they are not paid $97 on every $100 bet.