Gambling related articles
Understanding the RTP Rating attached to Slots
For decades, brick and mortar casinos have been posting
signs that tell slots players about the percentage
of return they can expect to get from a particular
bank of slots machines. This percentage is referred
to as the "Return to Player" (RTP) percentage.
In most cases, these signs have been used as a marketing
ploy because patrons interpret them to mean how often
the associated machines payoff. In fact, the number
refers to the percentage of each dollar spent that
the player can expect to receive back with the rest
being the predetermined loss amount. Simply put, a
95% RTP indicates the player can expect to lose 5%
of every dollar they put into the machine over an
extended period of time.
RTP and Online Slots
In recent years, online gambling has exploded
across the globe. Millions of people have taken to
their computers and mobile devices for the opportunity
to play casinos games right from their own living
room. By far, online video slots are the most popular
form of online gambling. There are dozens of software
developers that now create software platforms that
power online casinos. Many of the larger software
providers also develop video slots supported by the
company's own software platform or platforms developed
by third parties.
In most jurisdictions, governing bodies require that
all games be tested for fairness. As part of the auditing
process, auditing firms like eCOGRA and iTech Labs
will test a software's "random number generator" (RNG)
to determine a particular game's RTP. Based on jurisdictional
regulations, the RTP number is then supposed to be
made available for players to see somewhere online.
The Random Number Generator
When an online software platform is developed, programmers
are required to embed a computational software tool
that assures all gaming results will be random and
fair at all times. This RNG is managed by mathematical
algorithms that take into account the entire population
of possible outcomes and makes sure that each roll
of the dice flips of a card or spin of a reel results
in a random outcome. When a RNG is determined to be
fair and random, the testing company issues a certification
that states all appropriate tests were performed and
the results were reasonable.
How to Select Slots Based on the RTP Percentage
Of all the games made available to casino patrons
in both land-based casinos and online, slots are the
most lucrative games for the casino. While table games
typically offer the house an advantage of 2-3%, slots
usually range somewhere between 4-7%. Note: casino
operators do like Slotsites.org.uk
have the ability to customize the RTP on specific
slots without violating RNG protocol.
As a responsible slots player, you should always
seek out a game's RTP percentage before playing it.
The lower the percentage, the higher your loss will
be over a long period of time. That doesn't mean you
can't defy the odds and hit a big jackpot, you can.
That's why it's called gambling. In all cases, you
can extend the value of each of your wagering dollars
by selecting the slots that have the highest RTP rating.
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