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Blog │ What is the meaning of RTP at an online casino?
Blog │ What is the meaning of RTP at an online casino?

13/02/2024 18:00

What is the meaning of RTP at an online casino?

While playing online casino games the phrase RTP (Return to Player) appears and shows you the percentage of your possible winnings. Now that we've established what it is and how it functions, let's focus on why it matters to you.

Slot machine with the letters RTP on the reels. Surrounded by a roulette wheel, playing cards, coins and dice with the PepperMill Casino logo on it.

What does RTP (Return to Player) mean?

The percentage of an online casino game or slot machine’s total payout that is given back to the player over an extended period of time is known as return to player or RTP. Therefore if a game has a 96% RTP it implies that on average € 96 of your € 100 bet will be returned. Online casinos anticipate making up the remaining 4% of the total revenue from that particular game over time which is known as the house edge. The RTP is not a guarantee for your next game rather it is an average payout derived from millions of spins.

Don't be fooled by it. Perhaps your session ends differently or perhaps you have a lucky streak and win big. RTP should not be interpreted as a guarantee of quick wealth but rather as a guide to the games long-term generosity. The good news is that knowing RTP enables you to make wise decisions. You can eventually improve your chances of receiving some of your money back by selecting casino games with higher RTPs. You can use it as a kind of fertile ground for your future casino adventures. So enjoy yourself and your favorite games but keep in mind that RTP can help you make better long-term decisions.

How is the RTP calculated?

As we dive further into the world of Return to Player (RTP), it is important to realize that these numbers offer more than just statistics. They are a foundation of transparency and fairness in online gaming.

You might be curious about the exact formula used to calculate RTP now that you understand its significance and the impact it has on your gaming experience. Although the method for calculating RTP is straightforward, putting it into practice involves a sophisticated mathematical strategy. A casino games return on investment (RTP) is calculated by dividing the total amount of winnings distributed to players over an extended period of time by the total amount of wagers made by players. In order to guarantee an accurate average value this time span frequently consists of millions of spins or rounds.

Assume that a slot machine with an RTP of 95% has €950000 in winnings after accepting €1 million in wagers over the course of its life. The fact that this computation is predicated on the game's long-term behavior must be understood. In order to make sure that the game matches the anticipated payout percentages, game developers and casinos must precisely calculate RTP using simulations and algorithms. It is crucial to understand that these figures provide more than just statistics as we delve deeper into the realm of Return to Player (RTP). In online gaming they serve as the cornerstone of openness and justice.

Difference between online and offline casino

When deciding where to place your next wager you should definitely take the difference between the RTP of online and offline casinos into account. When compared to their physical counterparts online casinos are renowned for having greater RTP percentages. However the reason for this can be found in the operational structure and related expenses. Online casinos can offer their services to a worldwide clientele without having to expand their physical location and they can do so with lower operating costs because they do not have to maintain costly facilities or hire as many staff members. Online platforms can provide a higher RTP typically ranging from 92% to 98% due to these savings.

However land-based casinos have additional costs such as staff salaries, maintenance for the slot machines rent or a mortgage and other related costs. Player RTPs are typically lower between 80 and 90 percent as a result of these increased costs. This indicates that in comparison to playing online you typically receive less money back from each euro you wager at a physical casino.

High RTP casino games

Experienced players' favorite high RTP casino games frequently appear when browsing the selection especially due to their advantageous payout percentages. Online roulette is one of the most played games, especially the European version. An RTP of roughly 97. 3% is offered by European roulette which is distinguished by its single zero. This is a considerable increase over the RTP of roughly 94 percent in the American version of roulette with a double zero. This distinction emphasizes how important game variety is and how it affects your chances of winning. Additionally blackjack has a high RTP—it frequently exceeds 99 percent—especially when the basic strategy is used correctly. The fact that the game calls for skill and strategic thinking in addition to luck is what draws in a lot of players. online roulette strategies. Discover roulette game rules, blackjack game rules and baccarat game rules here.

With regard to the likelihood of winning these games demonstrate that not all casino games are made equal. You can considerably increase your chances by being aware of the game's rules and using the appropriate tactics. Any player looking to get the most out of their playing time and improve their odds of winning should select games with a high RTP. Click this link to find out more about online roulette strategies. Discover roulette game rules, blackjack game rules and baccarat game rules here.

Factors affecting Return to Player (RTP)

Game Design: The way a game is programmed and the algorithms used determine the payout rate. Developers have the flexibility to create games with varying RTPs.

Game Type: As mentioned earlier, roulette and blackjack variations have different RTPs due to the number of zeros or the house edge built into the game's rules.

Game Variance: High-variance games offer the potential for bigger wins, but less frequently. This can create the illusion of a lower RTP in the short term, even if the long-term average holds steady.

Game Settings: In some cases, online casinos can adjust RTP settings for specific games based on licensing requirements. The same game might have a different payout percentage at different casinos.

RTP works in conjunction with the Random Number Generator (RNG), variation and hit frequency.

Popular PepperMill games with a high RTP

The highest RTP among our popular dice slots can be found with Gates of Olympus Dice (96.5%) or Starliner (98.31%) from Novomatic.

If you are looking more for games with a skill element you can always try some of our high-RTP dice games like Mega Wheels or Pure from Airdice with both 97% or Mega Spinner from G1 with an RTP of 96%

At PepperMill, transparency is our middle name. We proudly display the RTP for every game directly beneath the title and within the game rules. The average RTP for our Dice Games and Dice Slots hovers around a pleasing 95%.

So, the next time you explore online casinos, remember – RTP is your key to understanding a game's payout potential. Choose wisely, and may your gaming adventures be prosperous!