RTP on online slots: how do they work?
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One of the factors that determine how much one can win from online slots is the RTP. This is why it is so important to understand RTP and how you can use it to your advantage. This understanding can enjoy slot games and increase your chances of winning. Hence, you need slots with good RTPs.
What is RTP?
RTP is simply a “return to player” rate in full. It is the average amount of money that is gotten back by players over a particular period.
Online slots have different RTP and it determines how much you can win from them. Most slots feature an RTP of between 92% to 97%. When a slot RTP is 96% or more, it is considered as a slot with a good RTP. A slot that has higher RTP will return more to you than a slot with low RTP.
The House edge is the opposite of RTP. As the RTP goes to the player, the house edge goes to the casino. Simply put, the house edge is the advantage the casino has over the players. So, if a slot has an RTP of 97%, the house edge of that slot is 4%.
Let’s look at it in monetary terms. For example, let’s say you choose to play a slot with an RTP of 97%. For every $100 you stake on that slot, you are likely to win back $97 over the period. This doesn’t mean you win $97 on every spin. It is calculated over a period of about 100,000 spins or more.
So, how can you take advantage of your knowledge of RTP?
Understand that higher RTP means you can win more
Slots with higher RTPs have low house edge and pays more often. Hence, when making your choice, go for slots that have higher RTPs. You have more chances of winning with such slots.
To know the RTP of slots, you can check the info option on that slot. You can also check if the casino has more information concerning that slot. If you do not find the RTP after checking on the casino you want to play, simply search on google can help you get.
There are several casino sites and affiliates that review slot games. These sites will list out the RTP and other important elements of the game. Check those reviews to find out the RTP of the slot. To get the best RTP, always look for something around 96% and above.
Consider other factors along with the RTP
The RTP of a slot is not the only factor that determines how often a slot pays out. If you make consideration of these factors with the RTP, it will be easier to choose a good slot. One of those factors is the slot volatility.
The volatility of slots works hand in hand with the RTP. It is the determining factor of how often a slot pays out and how big the payouts can be. It is also called variance on some sites.
Slots volatility is usually described as high, medium, or low. High volatility means the slot will pay high prizes but not frequently. Medium volatility means it will pay moderate wins from time to time while low volatility means it pays frequently but only small prizes.
