Regardless of what type of gambling you like to play, the chance of winning, which is reflected in the RTP (Return to Player) value, is an important concept to know. This value determines the chances of winning money and separates the profitable games from the unprofitable ones. In this guide, from https://TerrorAustralis.net, we’ll go into precisely what Return to Player is and how it works – once you’ve read this, you’ll understand one of the most important things to look out for when correctly choosing a gambling provider to snag at the casino.
What is Return to Player (Casino RTP)?
You may have heard people talk about casino RTP without using those three letters or the words “Return to Player”. That’s because RTP is about determining your house edge and (most importantly for gamblers) your chance of winning money in the long run.
The online casino odds or Return to Player explains how much wagered money is returned to players over time; it is also how you determine if you are playing a profitable game – the higher the RTP of a game, the better your chances of winning! Consequently, the better a game should be (in theory).
How is the RTP calculated?
Gambling is about many things – it’s the breath of fresh casino air (infused with the sweat of wins and losses), the joy of flopping a Royal Flash and, of course, the fun of playing poker at home. Gambling is also about mathematics, and one of the essential basics for gamblers is the one used to calculate the casino odds. The Return to Player is used to calculate your chances of winning real money.
Is the frequency of hits the same as the casino RTP?
Many players are aware that the frequency of wins is closely related to the Return to Player. This can give the impression that the two are the same. However, this is not the case because the frequency of wins is not the same as casino RTP.
Win frequency is a casino term that explains the rate at which, for example, a slot machine lands through a winning combination. Like Return to Player, hit frequency is represented as a percentage – for example, a slot machine may have a hit frequency of 9%, meaning that it lands on a correct winning combination 9% of the time and money is won. The higher the value, the higher the casino slots payout percentage.