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RTP & Fake Money question


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Hi all,

Apologies in advance as I'm almost certain there's multiple threads out there on RTP, I just can't seem to find what im looking for.

I'm trying to get an understanding of RTP and how it works. Also if fake money streamers have an influence on everyone else's return.

My basic understanding is that a slot with a 94% RTP would return 940,000 to players for every 1,000,000 staked (values just used as an example).

I understand that it's calculated based on millions of spins theoretically and there's other factors to consider such as variance. Nobody wants to play 100 £1 spins and be guaranteed to only receive £94 back every time. That's just madness.

Also I assume there must be some sort of correlation when calculating RTP based on stakes size? Can anyone clarify / elaborate on this?

If I play on casinos X,Y & Z. When I load the same game (providing they are all using the same RTP version)  on each casino I would then be transferred to the game providers server where my actual spins would take place? 

If this is the case then what if a fake money streamer using dodgy casinos A B & C plays the same game I'm playing. That streamer then hits a win of £1mil. Surely that is a massive hit to the RTP of your average consumer? For all I refer to them as fake money, I believe as far as the providers are concerned it's a genuine spin, it's just that casinos A B & C won't allow the said fake money streamer to actually withdraw the funds.

Is this correct or am I way off the mark?

if this have been covered somewhere before any links would be appreciated.

Thanks and apologies again

 

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You're part right and part wrong 😊 theoretical RTP is based on the mathematical model of the game. It's not a target and games are not 'compensated' (they don't fill up and pay out as people play them). 

Other people's play (and even your own) has no impact on your future spins. Every spin is independent and random. It's the mathematical model that means, over time, it will naturally make money, but due to statistics. 

Some months, games will make a loss because a high roller won big. 

Video where I go in to more detail below:

https://youtu.be/2R5bYWd6Xss

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Thanks for the reply. Understand what you are saying and makes more sense to me now. Effectively like a coin flip then on a larger scale and a with more variations. You flip a coin and get 5 heads in a row, the outcome of flip 6 is 50/50 and the previous 5 flips bare no relevance to flip 6. However over the course of 1mil spins you'd likely end up somewhat near the 500k/500k mark?

I'll check your video out now. Thanks again

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3 hours ago, Nichio123 said:

Thanks for the reply. Understand what you are saying and makes more sense to me now. Effectively like a coin flip then on a larger scale and a with more variations. You flip a coin and get 5 heads in a row, the outcome of flip 6 is 50/50 and the previous 5 flips bare no relevance to flip 6. However over the course of 1mil spins you'd likely end up somewhat near the 500k/500k mark?

I'll check your video out now. Thanks again

Exactly right 🙂

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