In this context, the phrase means “Return to Player,” an abbreviation of the full sentence. This number, which reflects the amount a player could expect to earn from wagers in online slots or other games, is expressed as a percentage so that it can be easily comprehended by the target audience. The RTP of a game is the theoretical maximum amount a player may win by placing a single pound stake on that game.
RTP, or return to player, is a statistic used to approximate the degree to which a player will have an advantage over the casino. The house has a 5% advantage over the player in this scenario. Therefore, the RTP will always be less than 100%, as a positive RTP would imply that the casino was making money off the game. This is due to the fact that casinos are profit-driven organisations.
The RTP can only be calculated by simulating a massive number of wagers. It’s not always the case that wagering 5% of your starting balance will result in a loss of exactly 5% of your bankroll. A slot machine’s return to player (RTP) is quite unlikely to be accurately represented by even a long, well-managed gaming session that takes place over several hours. This is due to the fact that RTPs are rooted in the past.
How big of a discrepancy there between the rtp and the volatility?
A simple “no” is the simplest response. However, the ideas are so intertwined that a formal marriage between them is highly unlikely.
What is “volatility” and how does it relate to slot machines?
The term “volatility” is used to describe the wide variation in a slot machine’s expected return to player. The return to player percentage (RTP) of a slot machine is not always indicative of how much money you may expect to earn while playing the machine. Let’s take a look at two very different types of slot machines, even if they both claim to have a 95% RTP.
For example, if you stake $1 on each spin for a total of 1,000 spins, you would lose 999 times. This means that on the very last spin of the game, you will have earned $950. You play the second game with a thousand spins at a bet of one pound (or one dollar) each spin. During this time, your potential per-spin earnings are between $0.50 and $3, and then $3 and $5. You’ll drop one pound after 300 rotations.
You risked a total of $1,000 on both games and ended up winning $950, for a 95% return on investment (RTI). The first slot machine game is very risky since it pays off seldom but in a huge way when it does. Second, there are low-volatility slot machines, which pay out often but in relatively little amounts.
The Final Words
In addition to the return to player percentage (RTP), other important design elements that affect whether or not players like spinning the reels include the game’s volatility, the number of paylines, and the frequency of bonus features and minigames. Low RTP games with low volatility and frequent bonus features are more likely to be played and enjoyed by players than high RTP games with high volatility. After all, if you’ve been playing for more than a few hundred turns without winning, you may as well call it quits.