Called the return to player, RTP is the ratio of the casino's profits and a player's winnings. Specifically, it is the ratio of a positive return on a casino game's total payouts and the amount of money played. For example, at Skycity online casino NZ you can get the maximum RTP.
A game with an RTP of 100% means that, on average, all money wagered by players is returned to them plus a bonus equal to 100% of their wager. Games with an RTP of less than 100% mean that players will lose – even if they play perfectly because the ratio does not consider variations in a player's ability to play the game.
The lower the RTP, the less you will win during the gaming session. The higher the RTP, the more you will get back in winnings. But this doesn’t mean that online casinos with higher RTP are fair and honest. It only means they are more transparent. Players who know about RTP can make better decisions. They can choose games with a higher potential to get more money and avoid those with a lower percentage. The difference between theory and reality is significant. The reason is that other factors come into play. For example, bonuses, bonus games, free spins, etc. Sometimes online casinos set a higher RTP to attract players and to look honest. But in fact, their games have a much lower percentage. That’s why it’s essential to check the RTP of the online casino you want to play at, not the average one.
RTP also stands for Royalty Relief Payment. This is a form of copyright payment. The percentage is calculated from the revenue of the online casino. The Royalty Relief Payment applies to UK online casinos. The fee is 3% of the total cash won by the player. This money goes to UK charity organisations.
When playing slots, the RTP is reflected in how much money you put in and how much you get back. To calculate the RTP, someone assumes that every player puts $100 into the machine and plays until they win once. Then, the total amount of money won is divided by the $100 invested. The resulting percentage is the RTP. This process is accurate only in theory. In reality, other factors come into play.
The RTP of slots can vary between 95% and 98%. Online casinos reveal their RTP percentage on their websites. If you don’t see it, you should be suspicious about the fairness of the games.
Variance is the difference between the RTP and the percentage you get after playing. There are two types of variance–negative and positive. In a positive variance, you get more than the RTP percentage. In a negative variance, you get less. The theory states you will get closer to the RTP percentage with many spins. But in reality, a positive variance occurs more often. That’s one of the reasons why high-variance slots are so appealing. They give huge payouts, even though the RTP is low.