Slots are big businesses in the online gambling industry and are constantly enjoyed by both new and seasoned players. They are great for newbie players, they are entertaining, and they frequently offer incredible bonuses and promotions – view this roulette progression.
If you are a frequent slot player, you may already know what RTP is. If you are new to this concept, don’t worry; that is what this article is about. It defines RTP and why it is important to slots.
What is RTP (Return to Player) Percentage?
The return to the player is a percentage that reflects the money you can expect from a game over the long term. For instance, a game with a 97% RTP means that for every £100 you wager, you can expect back £97 in winnings.
It is, however, important to remember that RTP is a long-term average. Your actual results may vary significantly from the RTP percentage in any given session. For instance, even when a game has 97% RTP, you could still lose your entire bankroll. But with thousands or even millions of spins, the results will eventually align with the RTP rate.
The Importance of RTP
The RTP of a slot game is important as it gives you an idea of how much you can expect to win back from a game over the long term. If you are searching for games that will give you the best chance of winning, find games with high RTP percentages. But as mentioned, remember that RTP is a long-term average.
Therefore, while RTP is an important factor to consider when choosing an online slot, it is not the only factor to consider. Other factors like volatility and hit frequency also count. Volatility measures how frequently a game pays out and how big the wins are. Games with high volatility will pay out less often, but the payouts are bigger when they occur.
The hit frequency determines your probability of landing a payout in any given spin. For instance, a slot with a 30% hit frequency means you are likely to win three out of ten spins on average. Most online slots have a hit frequency of 25% and 35%.
Another importance of knowing a slot’s RTP is that it can help manage your bankroll better. By knowing how much money you can expect to lose on average, you can budget your funds accordingly and avoid being broke.
How RTP Percentage Affects Long-term Profits
Does RTP affect your long-term profits? Let’s find out.
In the short term, 1% or 2% doesn’t make a big difference. But over many spins, the effect on your profits becomes more noticeable.
For instance, if you take a slot like KQ guide osrs with a 97% RTP rate and decide to play one with a 95%, there is a big reduction in value. The more spins you play, the more significant the difference will be. In other words, it pays to find the best RTP when there is a big bonus with large wagering requirements. This is because you are playing slots to free up your bonus money, which can mean hundreds or thousands of spins.
