If you have ever visited a sweepstakes casino, you’ve probably encountered the term RTP. What does it stand for? Why is it essential when determining which game to choose? Today we will address these questions, so you know all that should be known regarding RTP.
What Does RTP Mean?
RTP is one of the most important factors when picking your game and determining what you can expect from it as payouts. “Return to Player” refers to the percentage of money that a social casino game will pay you back in time, so if it has an RTP of 95%, it means that over the long run, it will pay you back 0.95 Coins for every 1 Coin that you wager on it.
While the actual RTP can fluctuate from session to session, the theoretical RTP should remain consistent over time.
What is RTP in Slots Image
Theoretical RTP vs Actual RTP
While the concept of the two terms is basically the same, there can sometimes be a difference between them, as the theoretical RTP is based on the general design and mechanics of the game, whereas the actual RTP is the one you get while playing. In other words, the actual RTP will vary every session, but the longer you play, the more your RTP will come closer to the theoretical one.
Significance of RTP in Sweepstakes Gaming
So why is RTP so important in online gaming? For you as a player, it can significantly impact your chances of winning. Games with higher RTPs tend to pay out more often and provide better odds of winning, while games with lower RTPs may pay out less frequently and offer less favorable odds.
On the flip side, RTP also affects the sweepstake casino’s profits. Games with higher RTPs may be less profitable for the gaming site as they pay out more often to players. However, offering games with higher RTPs can attract more players and ultimately lead to more revenue for the sweeps casino.
Surely, the RTP of a game is just one of the factors when considering which game to choose.
RTP and Game Types
Wondering how RTP varies depending on the type of game you are playing? Well, when it comes to slots, they can have a wide range of RTP depending on the game provider and numerous other factors.
Table games such as blackjack and roulette generally have higher RTPs compared to slot games.
Video poker is another game that can have a high RTP, as the payout percentage can vary depending on the specific variant of the game and the player’s skill level.
Example Sweeps Slots With High RTP
Who Determines the RTP?
We’ve previously covered what theoretical and actual RTP are, but let us get into detail on who sets it.
In the common scenario, when a provider creates a game, they apply a random number generator to it. Its essential function is to guarantee the game’s fairness and that its outcome is not manipulated. This functionality is tested by external certifying labs such as iTech Labs, GLI, and many more.
Can the RTP be Modified?
In most cases, the RTP of a casino game cannot be modified by the casino or the game developer. It is determined while the game is developed and is set at the time of creation.
There are cases, however, when the RTP may be adjustable, especially in games that offer variable bet sizes or bonus features that can affect the game’s overall payout percentage. In these cases, the RTP may be adjusted by you based on your bet size or other choices within the game.
We went through the specifics of RTP, what it is, and how it is calculated. Being informed on this important term will make your game selection easier and, most importantly, more profitable in the long term.
Keep in mind that while RTP can provide a general sense of the game’s payout potential, it’s not a guarantee of specific results. Luck and variance can still play a significant role in determining your individual results.
Elina Blagoeva is a member of the Mr. Sweepstakes editorial team. She studied Multimedia and Creative Technologies at the KdG University of Applied Science and Arts in Antwerpen, Belgium.