What Are RTP Slots (Return to Player) In Casinos?
Online gambling is filled with different terminology and confusing terms. One of the most common is RTP, but what exactly is it, and why does it matter? In this article, we are going to answer what does RTP stand for? Let’s get started!
What Does RTP Mean in Gambling?
What does RTP stand for? RTP stands for “return to player” percentage. RTP tells you how much you can expect to lose if you play slot games over the long term. For example, if a slot game has an RTP of 96%, you can expect to receive $96 dollars back for every $100 you bet if you play the game over a long period. This means your expected loss is 4% on every bet. However, the individual outcome of any single bet can vary wildly due to variance, but if you continue playing a slot long enough, you can expect to lose 4%.
RTP slots are particular slot games where the exact RTP has been tested by reliable 3rd parties and has been published publicly. With RTP slots, you can calculate your expected win rate and determine your chance of winning. It is recommended you stick to playing high RTP slots as these give you the highest chance of winning and boosting your profit.
How to Calculate RTP?
The formula to calculate a slots RTP is simple: you take the amount returned to you and divide it by the amount gambled. For example, if you won $990 and made $1000 worth of wagers, the RTP would be 99%. However, to calculate a slot machine's true return to player percentage, you need to run software that can simulate millions of bets.
Only after a massive sample size, typically over 100,000 spins, does a slot title’s RTP become substantial. This is because the larger the sample size, the smaller the variance. For example, if you try to calculate the average height of humans and only measure 3 people, you can have wildly different results as you could measure 3 extremely short or tall people, but if you measure the height of 100,000 people, your results are going to be extremely close to the true average.
Variance & RTP: Two Similar but Different Things
A casino RTP tells you how much you can expect to win or lose by playing over the long term, while variance tells you how extreme the swings are likely to be. For example, if you play a slot with an RTP of 97% and extremely low variance, your RTP is not likely to fluctuate very much; however, if you play a high variance slot, your win rate could swing to the extreme in both directions. Low variance online slots usually involve more frequent smaller wins, while high variance slots have more losing bets, but the winning spins tend to be much higher. Whether you prefer to play high or low variance slots depends on your strategy and risk tolerance but usually, it makes sense to search for the highest RTP game to maximize your odds of winning.
Truths and Myths About RTP in Slots
There are a lot of misconceptions about RTP slots. To clear up online slots of myths and truths, check out our list:
- RTP tells you exactly what you will win - False. RTP will tell you what you are likely to win over a very large sample size; however, the result of an individual online slots spin can follow numerous outcomes.
- Casinos can manipulate slots RTP - False - Online casinos are not allowed to touch their slots, and, unless they are hosting their in-house games, don’t have the ability to alter the RTP. To avoid rigged games, you should play at licensed casinos that offer games from respected software developers.
- RTP is meaningless over a single session - False. While RTP is less meaningful, the fewer spins you take, you are still more likely to win playing a high RTP slots than low RTP slots
What Percentage Do Slot Machines Pay out?
Just like casino RTP, slots RTP also can fluctuate wildly. The industry average slots RTP is around 94%, but there are online casinos that host games with RTPs of 98% and more. You will also find jackpot slots at online casinos with RTPs of 85% and less!
Top 10 Slots with Best RTP
Are you looking for the best RTP online slots? Then head to BetSofa and play these games right now while enjoying an amazing casino RTP!
- 10,000 Wishes - This incredible slot has an RTP of almost 97%, which is way above the average of 94%. This game has a medium variance, 10 paylines, and a fun Arabian Nights theme. This game is incredibly popular at BetSofas at it has simple rules and is easy to learn
- 9 Masks of Fire - 9 Mask of Fire - Another fantastic Microgaming slot with a juicy high-value RTP of 96.24%. This African-inspired game is so much fun, and you can increase your bankroll by a huge percent thanks to a massive 2000x max win!
- Immortal Romance - Channel your inner vampire with this scary game. This game has 243 paylines, 5 reels, a great RTP of 96.86%, and no deposit free spins!
- 777 Mega Deluxe - Mega Deluxe is among the most popular high RTP slots at an online casino as it is a retro game that breathes a breath of fresh air into a classic slot game. It has 4 reels and over 100 paylines. This slot’s RTP is a very respectable 96.1% giving you a great chance of winning!
- African Quest - Strap on your safari hat and head to Africa to track down lions and other amazing animals in this awesome Megaways slot. This game has 1024 ways to win and lots of free spins. You don’t need tips on how to win when playing African Quest, as the RTP is already high at 96.52%!
- Amazing Link Zeus - Head back in time to Ancient Greece and play with the gods. This fun slot has an RTP just below 97% and has a great 5000x max win combined with cool re-spin features.
- Bushi Sushi - Enjoy this classic cartoon Asian-themed slot brought to you by Microgaming and take advantage of a 96.06% RTP. This game is low volatility and has an 800x max win.
- Croc Chase - Head down under in this outback Aussie-themed slot. This fun slot has 40 paylines, 5 reels, and a 96.05% RTP. You won’t get bored with all the cute animal symbols.
- Donuts - With over 2000 ways to win, we know you are going to love playing this slot. The graphics are so good in this game you are going to be hungry after staring at all those donuts! This title has a 40,000x max win and an RTP of 96.54%
- Forgotten Island - Are you looking for a high volatility slot with a great RTP? Then head to the forgotten island and go searching for a mythical gorilla. With this slot, you can take advantage of a 96.25% and an incredible 23,000x max win!