The probability of winning at a casino in the long term is called the RTP of a slot. What this actually means is that you can theoretically stay “on the plus side” by spinning the “reel” time after time. All slot machines have an RTP, which is referred to as the “technologically embedded average cash win percentage”.
- RTP stands for “return to player” or “money back.” It must be at least 90 percent. RTP shows that the odds of the player and the casino are correlated to each other, which means that the casino’s odds are always 100 percent. The machine will run at a loss even if the player has an advantage.
- The player’s odds are always below 90-95 percent. The ratio will be 50/50 when the odds are equal (RTP 100%).
- In legal casinos, the RTP should be at least 95 percent.
How is the RTP formed? RTP is a theoretical value calculated over a long-term period of time. The total score of games after a few million spins, for example. While it does not guarantee a return of a specific amount, it does give the player a chance to win.
How RTP functions in slots:
- When low, it pays out less frequently but allows you to win more.
- When it is high at 92-99 percent, the chances of winning are higher and the payouts are lower.
The method of calculating RTP is used in programs that simulate the operation of the slot and perform numerous rolls. Here is the formula for the calculation:
- The amount of money invested in the machine is determined, as well as the amount of money returned to players. The second value is always lower because it provides the casino with a profit.
- The total amount of money invested is divided by the money won.
- Multiply the resulting figure by one hundred to get the percentage.
The formulas for calculating RTP differ depending on the number of simulated or real RTP spins in the slot:
- effective This reflects the actual situation and may differ from the indicated RTP by 90%. The confidence interval, or the probability of deviation from the calculations, affects the actual value. For example, with its value of 95% (0.05), it suggests that one out of twenty cases occur outside the specified ranges.
- The ideological RTP of the slot, which is determined by the casino or the manufacturer of the machine. The actual value will always approach the theoretical value as the number of spins increases.
