If you’ve been playing slots online, you’ve probably heard the term RTP live slot mentioned a few times. Even if you have no idea what it means, the elusive slot RTP is an important factor in slot machines. In this article, we’ll go over everything you need to know about this concept. Not only the concept but also how it works with slots, and how it should influence your decision while playing.
Learn about the RTP in Slots
RTP refers to the amount a slot machine pays back to players over a large number of spins. This amount is usually expressed as a percentage. You can understand with an example, a slot with a 98% RTP will return €98 for every €100 wagered. So, this information basically explains how much you can expect to lose when playing a specific slot game.
It is critical to understand that this figure is derived from a large number of spins, usually millions. So, in a short session of a few hundred or thousands of spins, anything can happen. This will make the RTP slot so exciting. A game that pays out exactly €94 after 100 spins at €1 is unlikely to be entertaining to play.
Behind the Scenes of RTP in Slots
Setting up RTP live for a slot machine is a difficult process as the game becomes more complex. When there are many features and a large number of pay lines involved, game developers must figure it all out. So that the game returns exactly the percentage expected when all is said and done.
In general, the distribution of the RTP can vary, but at the end of the day, a slot with a 98% RTP. This will return 98 percent of all money bet over an infinite number of spins.
Variance and RTP are two similar but distinct concepts. In addition, RTP is frequently confused with game variance. Although these two concepts are frequently used interchangeably, they are not the same.
Variance essentially defines how the slot RTP of a game is realized. Lower variance slots are designed to provide frequent smaller hits. This will allow you to keep your head above water and play many spins without busting. Higher variance games typically have a large portion of their RTP in bonus features. This can provide some really big hits. However, in order to compensate for these big wins, these slots have fewer small to medium wins in the base game.
Not all slots with a high RTP are necessarily good for your bankroll. In general, games with a higher RTP are always a better choice than those with a lower percentage. But if your game of choice is extremely volatile, you may have to spin thousands of times. This is before you get anywhere close to the true RTP.
Which Has a Higher RTP: Land-based or Online Slots?
Most players switch from land-based casinos to online slots or play in both online and brick-and-mortar venues. Then, quickly realize that online slots appear to play better. Although there are many myths and misconceptions in the gambling world, this is not one of them. You may be surprised to know, in the vast majority of cases, online slots perform better.
Most online slots, even if they are the same game, have a significantly higher RTP. Land-based slots are typically set to return between 70% and 90%, with very few games ever exceeding 92%. Slots with RTPs of less than 94% – 95% are usually considered bad online. Even more, many of the newer games have RTPs of more than 96%.
But this isn’t some shady business conspiracy. Slots in physical venues are expected to return less because land-based casinos have limited space. You must make more money from physical machines placed on their floors to cover expenses and make a profit.
On the other hand, online casinos can have hundreds or even thousands of machines available. This is for play at any given time because there are no physical constraints. As a result, they can afford to offer games with significantly higher RTP.
Truths and Myths about Slot RTP
Players have developed a number of ideas about how RTP live works and what can and cannot be done over the years. Online casinos have the ability to manipulate the RTP of their slots. But, this is not correct. The slots that are available for play at online casinos are not owned the casinos.
They simply rent the slots from game developers, and games are typically stored on the developers’ servers. This implies that casinos lack the necessary access to change core settings such as RTP slots.
Final Thoughts
No doubt, in most cases, this is correct. Slots with progressive jackpots, for example, may have an advertised RTP of 94%. But a portion of that RTP live slot is usually realized through progressive jackpots. This means that, unless you win the jackpot, you’ll be playing a game with a much lower RTP.