Online Casino game comes with their own sets of calculations. For newbies, it might get difficult and confusing to calculate the winning amount and the way it works. To add to the knowledge of casino gamers, here is an article on RTP.
RTP stands for return to player. Return to player is simply the winning amount given to players playing a particular game from the amount that they have invested in the machine.
The interesting fact about RTP is that this is not fixed and there is no general minimum value of RTP on a given gaming machine. RTP is mostly displayed as a %. It is the opposite of the house edge. It basically shows how advantageous the game is for you.
The casino calculates the % of RTP after a significant number of games are played for the particular machine. The average % of RTP is calculated to be 10,000 to 10,00,000 games for compensated machines. For the random machines, the number of games for calculating RTP is more.
For example- if the gaming machine displays 75% RTP, then you must not expect to receive INR 75 with each INR 100 that you place a bet on.
What are random machines and compensated machines?
Random machines are machines that calculate the RTP purely on the number of games played on the machine. The odds of winning on a random machine remain the same irrespective of the number of wins or losses that have occurred previously.
Compensated machines are also similar to random machines. However, the chances of winning in a compensated machine vary from the random machines. These depend upon the result of the previous game.
In certain online casino game that is complicated, the % of RTP is computed by algorithms and not by statistics. This is also equally informative for the player and the casino as the RTP is computed statistically.
It is essential that the players have information about the % RTP before beginning a casino game. This is because the player must be able to predict the chances of winning and must understand the functionality of the game.