If you enjoy playing online casino games, or you’re thinking of starting, you are surely looking to play at the one of the best and most reliable online casinos. This site is a good reference as it analyses over 1,200 online casinos. One of the most important factors that contributes to the quality of an online casino are the games that it offers. A casino that features exciting and rewarding games will surely score higher than a one that doesn’t.
What Is RTP
One of the key things about online casino games, which tells us a lot about their reliability is the RTP (return to player) ratio. Players often neglect the RTP and don’t pay too much attention to it, but it is quite essential. The RTP ratio tells you how much of the money that the players have wagered is returned to them in the form of winnings, in the long term.
RTP Percentages Are Calculated over the Long Term
A game with a higher RTP gives players higher winning chances. So, if a game has a 95% RTP, that means that when you wager £100 on it, you can expect to win £95, right?! Well, not quite, because that would make no sense. No player would wager £100 hoping to win a fraction of it, even if that fraction is 95%.
Above we used the phrase ‘in the long term’ and it can’t be stressed enough. Over a longer period of time, a casino game with a 95% RTP will return 95% of the wagered money. So if players wagered 1 million, 950K will be won back by them. So, even if the casino makes a profit in the long term, you still have chances of winning more than you have wagered in the short term. A player may win a lot more than s/he has wagered.
That is the point of playing casino games, you hope to win more than you wager. The adrenaline and the excitement that you are feeling while playing is a bonus here. So, when a game has an RTP of 94%, for example, that doesn’t mean that you should expect £94 if you wager £100. You should hope for a lot more, but be prepared to lose more as well. That is why you should only gamble with money you can afford to lose.
Slot Game RTP Percentages
The RTP for slot games may vary. And don’t be fooled, there can be quite large variations. Some games may have a RTP even above 99%, which gives you and the casino almost equal chances. Other games may RTP lower than 90%. Thankfully, the RTPs of online casino slots are typically higher than the ones of traditional, land-based slot machines.
Certain countries have enacted laws and regulations which determine what RTP percentage is the minimum for slot machines. Bodies that regulate gambling in the country are usually in charge of ensuring that the RTP percentages are fair and that the slot machines are entirely random. In the UK, for example, the UK Gambling Commission ensures that the RTP ratios are fair.
House Edge for Table and Card Games
When it comes to casino games other than slots and video poker games, the term house edge is usually used to express the RTP ratio. The house edge tells what advantage the casino, i.e. the house, has over the player. Lower house edge equals higher chances for the player. These are the house edge figures for some of the most popular casino games:
- Blackjack – 0.40% house edge for standard six-deck version;
- Roulette – 2.70% house edge for European/one zero Roulette;
- Baccarat – 1.24% house edge for standard rules Baccarat;
- Craps – 1.41% house edge for Pass/Come version;
- Red Dog – 2.80% house edge for standard six-deck version.
Some games, like Blackjack, have many variations. Changing the rules/the number of decks may change the house edge significantly. For example, if you’re playing two-deck Blackjack where you are allowed to split aces, the house edge will be 0.12%. Under certain rules, one-deck Blackjack may even have a negative house edge and that is why casinos alter some of the other rules in one-deck Blackjack, in order to ensure that the house edge is positive.
Definitely Shouldn’t Be Overlooked
If you want to gamble smartly and improve your winning chances, you should always pay attention to the RTP percentages.
- Operators and casinos often publish the RTP for the games they offer/provide;
- Independent companies audit casino operators and publish reports on the fairness of the games which are provided, including the RTP percentages;
- Governmental regulatory bodies ensure that casino operators work within the legal framework and provide games which have at least the legally required minimum RTP percentage.
All of the above clearly shows how important RTP percentages really are.