A common term that usually comes up among online casino players is RTP, also known as the Return to Player percentage. This percentage is even said to be a critical element that shapes a casino gamer’s experience and gaming satisfaction.
Accordingly, many gamers often encounter this term when playing games like online slots or online pokies for Aussie casino players. While some casino players are now overly familiar with what RTP means, some still find the concept confusing or are uncertain about its significance, especially when determining their potential winnings.
Below, let us all learn and get to know what the RTP rate means, its significance, and the most common misconceptions casino gamers have about it.
Understanding RTP
The RTP or Return to Player rate is a term that refers to the expected average of the total amount of wager that a casino gamer will get back after playing a certain number of rounds for a certain game.
In most instances, RTP is mostly associated with online slots and is often mandated by the government to be at least in the range of 75%. Fortunately, in modern figures, most online casinos now adopt an RTP rate that ranges from 92% to 97%.
Comparing this rate to Aussie online casinos for real money, their online pokies games often adopt an average rate ranging from 85% to 95%. Along with this generous RTP percentage, most of these top Aussie pokies casinos that are often featured in quality gaming review sites come with generous bonuses, varied payment methods, and progressive jackpots that all significantly enhance the gaming experience of their players.
Of course, this rate could be applied to the entire online casino or solely for an online slot or online pokies game. If the rate is applied in entirety for the online casino, let us say that it provides an RTP rate of 98%. If a casino gamer plays in this online casino, it does not mean that if the gamer wagers $100, he will get $98 back. What it means is that it is not a guaranteed percentage of return in every gaming session. Instead, if the online casino has an RTP rate of 98%, the online casino will return $98 for every $100 wagered by all players. That $98 return will then be distributed to its users.
However, if the RTP rate is solely for the game, it means that if the given RTP rate is 98%, the gamer may be able to get a return of $98 in wins if he wagered $100. That remaining 2% is the house edge or the money that the online casino earns off each bet. Of course, the $98 return is not guaranteed for every game, rather, it is a long-term return given to players over an extended period of gaming.
Common Misconceptions About RTP
Getting acquainted with what an RTP rate does not guarantee that every casino gamer will now understand how to use it in their favour. If you are a casino gaming beginner and you still have doubts as to how the RTP percentage operates, below are the most common misconceptions about it:
Only online slots have an RTP rate
The RTP rate is not exclusive to online slots or online pokies games. In fact, all casino games, including classic table games such as roulette and blackjack, have RTP rates. As such, if someone mentions the RTP rate, make sure to remember it is not only for online slots or online pokies games, but also applies to all casino games.
While all casino games have their designated RTP rate, the rate is not uniform across all games. Rates provided may depend on the rules of the game, the rules of the online casino, and even a player’s strategy.
RTP is the only factor to consider
While RTP rate is an important factor to consider when playing in online casinos, it is not the only factor to consider when choosing a casino game to play. Other factors such as volatility, game features, and even personal preference must be considered when choosing a game to play. A game with a high RTP and low volatility may be suitable for a cautious casino gamer, while a high volatility, regardless of the RTP rate, may be perfect for thrill-seeking gamers.
RTP guarantees individual returns
Lastly, the RTP rate is not a guarantee of return for every gaming session to every player. In reality, RTP rates are measured in the long term. A casino gamer could spin an online slot game 100 times and still lose more than they expected. As such, this rate of return is not guaranteed; rather, it is a mere expectancy for every casino gamer.
The Bottom Line
Understanding the RTP rate is absolutely essential for anyone playing casino games. If you are a beginner, it is best to play it smart first by playing in freemium sites before wagering real money to avoid huge losses.
Additionally, it is important to remember that RTP rates are not guaranteed returns to every gamer. Rather, it is a mere expectancy based on accumulated wagers made over the online casino or a certain casino game. So the next time you sit down and play an online slots or online pokies game, remember that RTP is helpful, but it is also prudent to consider other factors and to adopt a good strategy when playing casino games in real money online casinos.
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