Understanding RTP Related to Online Slots – News from the European Gaming Industry
Before you invest your hard earned money playing online gambling games, you might want to make sure you know exactly what you are up against. It is quite easy to find out the odds and the house edge that relate to online table games like roulette, craps, baccarat and blackjack. If betting odds are not available directly on the casino’s website, approximate odds can be found on the internet by searching for the game in question on Google. The house edge on each game and the betting options for each game are also available through Google.
The odds and / or the house edge for online slots are a bit more difficult to determine and understand. The terminology used to identify the odds a player wins when playing online slots is called the “Return to player” or RTP. The RTP list of a slot machine game is shown as a percentage. Percentage refers to the percentage of every dollar that the game will claim over an extended period of play. To make sure you understand this, an online slot with a 96% RTP percentage means that you will lose 4% of every dollar you wager over time. That’s the house advantage. Is it any wonder that all casinos love slot machine players? What are the best slots sites To play online? Those with the best RTP percentages on a consistent basis.
Understand how the RTP percentage is determined
When a software developer develops a new slot machine game, the software includes a random generator that will control the randomness of each spin of the reels. Once the game is finished, it must undergo random testing from a leading auditing lab like eCOGRA, iTech Labs, and TST. These companies have audit programs that can run hundreds of thousands of rotations in a short period of time. The resulting data is used to determine how much of each dollar wagered will be returned to the player based on the game’s payout table. This determines the percentage of RFT.
FYI: Many games include a mechanism that allows the online casino operator to adjust the payout odds slightly. This will have a low impact on the percentage of RTP. IT DOES NOT AFFECT THE RANDOM OF EACH RESULT. The operator’s ability to dictate the percentage of RTP is exactly why regulators want online casinos to offer this information about every game for the benefit of the player.
Choosing the best slots games
From a purely gaming standpoint, it should be clear that the best slots game options are the ones with the highest RTP percentage. That said, it doesn’t necessarily mean that the games with the highest percentages will offer the highest payouts or the most thrilling slots experience.
If a player wants to enjoy bonus games with a chance of winning huge jackpots, he may have to look beyond a game’s RTP percentage. Where percentage is really useful is when the we compare two very similar slot machines. If two games have the same format and have similar bonus games and payouts, the better option becomes the one with the higher RTP percentage.