RTP

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BoracicLint

BoracicLint

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Hello everybody,my first post on here and I've become a regular watcher of online streamers just lately and enjoy some of the members here and their streams. Anyway my question is on RTP or Return to Player. 

When a slot has an RTP of 95% I am assuming that this means that £95 out of every £100(variable) should be returned to the player? Or does it mean 95% of spins should have a return on them,which could be much lower than the players stake,eg £1 stakes often return much smaller wins than the stake but are still winning 95% of the time, but not paying around the £95 in every £100 they should be?

I guess it means the first option £95 in every £100 but it feels like the second option of 95 small returns in every hundred spins.

Thoughts?

 
If RTP is 95% it means that for every Trillion wagered - 950 billion is returned to the player.

So in theory for every £100 wagered as a player you should* get £95 back.

The issue arises when, as a player, we may feel we play a slot intensely and our rtp is nowhere near the 95%. Clearly we are all but a small sample in the Trillion that this is calculated off.

the really complicated part is when you throw “volatility” in there. Low volatile slots like Jackhammer2 throw in lots of small wins and an occasional biggie. High volatile slots like 300 shields throw in less smal wins and an occasional monstrous one! 

 
I personally,as a small staker,stick to Playtech(Halloween Fortune,Santa Surprise,etc) and Netent,Jack and the Beanstalk,Gonzo's Quest,etc) and still find these slots can be as volatile as Danger High Voltage,Bonanza and so on. 

 
When playing slots (or any other casino game for that matter), it pays to have a general understanding of the basic principles of statistics, most prominently the Law of Large Numbers. RTP becomes more important the more you play, since it's always a long-term evaluation of the outcome of your spins. On any given day that you are playing slots, the amount of spins you play that day isn't even close to being enough to calculate the long-term RTP of the machines, so you're just gonna have to take the slot producer's word for it. The longer you keep playing however, the more likely it becomes that the RTP that you are experiencing is in the vicinity of the RTP stated by the games until eventually it becomes statistically inevitable. In the same vein, the amount of money you lose on slots is going to be another indicator of how accurate the RTP is. If you've wagered €1.000.000 on slots, it is likely that during that time, you will have lost about 5% of that money (I'll just keep going with 95% RTP for the sake of explanation).

Volatility is basically the short-term evaluation of the outcomes of your spins. It's what makes winning at these games possible, if only for a short amount of time. It's basically about short-term deviations from the 95% RTP that one would expect, like a string of 100 spins that return either, say, 10% or, in other cases, 10000+% (100x wins and above) of the money you bet. Some slots are more volatile than others in the sense that Marcossvon has described. Volatility always has to do with the _potential_ of a slot to pay big, which may or may not happen during any given session of you playing it. Think about it this way: If a slot like Bonanza has the potential to pay in excess of 10000x your bet (it has happened before), how many dead spins or low-paying spins are needed to balance things out so the RTP of 95% is reached?

....Ima get off the soapbox right now, you probably know all this stuff anyway lol

 
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