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Understanding RTP and Why It Matters at an Online Casino
If you’ve spent even a minute playing slots at an online casino, you’ve undoubtedly come across something called RTP, which stands for Return to Player. This is almost always shown as a percentage, and it’s important for you to know exactly what it means. If you value your money and your time, you’d do well to read this quick article that explains what RTP is, breaks down slot volatility and shows how you should consider RTP when playing slots at an online casino.
What Is RTP?
The meaning of RTP is right there in the words themselves—return to player. RTP simply denotes how much of their money, on average, a player can expect returned to them given enough time. The idea of RTP and its meaning has been discussed by industry experts, such as Paygamble author Kevin Flynn, but this article is here to help if you are still having trouble understanding RTP. Take the following for example, a slot with an RTP of 97% means that if you bet $100, on average, you will get $97 back.
Now, that’s not to say that every spin will return less money than you wagered. Remember, this is on average. You can still hit the jackpot and win big, walking away with more than you put in and beating the RTP. Once you know that RTP is measured over ten or even a hundred thousand plays, you’ll realize that short-term play won’t always reflect a game’s RTP. RTP is the reason why the iGaming industry sees stunning revenue year after year, and knowing what it is can help you take a chunk of that back.
Looking at Volatility
While on the topic of RTP, you should also know how to identify slots with high and low volatility. Volatility refers to how often a slot machine pays out. Typically, a slot machine with lots of lines and different ways to win has low volatility. Your chances of winning are bigger, but the payouts are often smaller. On the other hand, slots with higher volatility tend to have fewer reels and fewer lines. You won’t win often, but when you do, the payout will be bigger than on a 5-reel slot with thousands of ways to win.
Considering RTP When Looking at Slots and Other Casino Games
RTP isn’t just found on slots; just about every casino game uses RTP as a metric, and it can often be found directly on the site itself or the site of the software provider. While RTP should be the main thing you consider, don’t forget volatility. A combination of volatility and RTP can give you greater insight into whether or not a game is worth playing.
- Low Volatility High RTP – Slots with multiple reels, progressives, minigames and more ways to win often have a higher RTP since players are winning more often.
- High Volatility Low RTP – You’ll find that traditional slots tend to have higher volatility but a lower RTP since players are winning less often. With fewer lines and reels, there are fewer ways to win.
- The Best Combination – A slot with low volatility and high RTP is ideal, as this means that you will be winning more often and losing less money in the long run compared to alternative games.
Most online casinos don’t have games with an RTP lower than 90%, but not every casino or software provider publishes their RTP statistics. You may want to avoid those casinos and games, as you will have no idea what to expect from the game and what the average return should be. Likewise, you’ll quickly find that the games included in bonuses for free spins tend to have high volatility and low RTP. This can easily change your opinion on what would have otherwise seemed like a great bonus.
House Edge vs. RTP
You may have heard the term ‘house edge‘ at casinos too, but you shouldn’t confuse it with RTP. Whereas RTP is the percentage of money returned to a player on average over time, the house edge is the odds of a game ending in the casino’s favor. When you hear house edge, you should think about games like roulette, blackjack, baccarat and sic bo. These games are all in favor of the house, with blackjack having the smallest advantage, making it a popular game for players.
With perfect strategy, you’ll win about 49.5% of the time on average in blackjack. This edge can vary from online casino to online casino, as the rules may be different. Some casinos add a triple zero to roulette, further increasing the odds of players losing. Always double-check what the house edge is and make sure that it is in line with your expectations.
Wrap Up
In short, understanding RTP is the key to succeeding in a house where the cards are stacked against you. By knowing how much is returned on average and looking at volatility, you can avoid games that are almost scams and keep more money in your wallet. Just remember that RTP is based on an average, so you aren’t technically going to walk away from every session with less money than you put in. There is always the chance that you can get lucky and hit the progressive or line up high-paying symbols. Whichever game you decide to play, do it responsibly and have fun.
Here are this weeks latest slots releases compiled by European Gaming
Tom Horn Gaming invites bold adventurers to join Max Gold, the fearless explorer, as he delves deep into faraway lands, seeking hidden treasures, legendary jackpots, and mysteries waiting to be uncovered. With an array of exciting features, including the Hold & Win bonus game with jackpots and respins, shatter mode with increasing multipliers, stake booster, and bonus buy, Max Gold.
PopOK Gaming is thrilled to announce the release of its newest slot game, Spinosaurus – a captivating 3×5 slot that transports players back to the thrilling age of dinosaurs! With vibrant, colorful visuals and dynamic gameplay, Spinosaurus features the iconic, mighty dinosaur as your guide on an adventurous quest for massive wins. Players can immerse themselves in prehistoric excitement while aiming for incredible rewards.
Belatra Games has launched its pirate-themed title, Tortuga Codex. This 5×4 slot casts players on a journey on the hunt for untold riches buried on a mysterious island. A Skull symbol acts as the Wild and will substitute for any other symbol to increase the chances of a win. An intriguing element to the game lies in the Additional Reel feature which sits above the main frame. It’s in sync with the main reels, displaying Wild symbols, special pirate icons, and numbers from one to nine.
Vibra Gaming has unwrapped its latest release, Candy Loop, where if players trigger the Candy Round bonus they can max their win by up to 5000x in a game for all sweet-toothed slot fans. Set within a backdrop of clouds and sugar players will lap up this delicious classic three-stepper slot mechanic packed with sweet bonuses, free spins and wilds.
Zillion Games is thrilled to announce the release of Egypt’s Moon, a high-volatility slot that invites players to journey through the mysteries of ancient Egypt under a mesmerizing nighttime sky. Featuring Cleopatra, hidden treasures, and the essence of Egypt’s rich mythology, Egypt’s Moon promises an enthralling experience set against a captivating backdrop. This slot game offers players 25 paylines and an RTP of 96.75%, delivering both excitement and reward.
Having made a big splash with its popular Aqua Lord slot back in 2022, innovative software developer, Swintt, is preparing to dive beneath the waves once more in an action-packed sequel that now features new and improved Pearl Respins and even bigger prizes. Played out across five reels and ten fixed paylines, Aqua Lord 2 picks up where its predecessor left off by once again plunging players into a world of sunken treasures where sticky pearl symbols hold the key to unlocking huge wins of up to 6,000x the bet and two incredibly rewarding features.
Amusnet has released Extra Crown Dice. This latest addition to Amusnet’s online casino portfolio is a majestic dice slot filled with thrilling features. This 5-reel, 10 fixed lines dice game is based on one of the video slots, with redesigned symbols to look like dice. The kingdom of Extra Crown Dice is full of excitement with dice, sevens and eights, where fortunes await those bold enough to seize them. The Star and the Fleur-de-lis symbols are the Scatter symbols boosting the player’s winnings.
The dazzling dancefloor of Piggy Blitz returns with Piggy Blitz Disco Gold, the latest 6×4 online slot sensation from Play’n GO, boasting immersive features and endearing characters. The dancefloor is calling, and it’s shining brighter than ever! Piggy Blitz Disco Gold takes players back to the groovy days of the 1970s – where neon lights and disco beats set the stage for high-energy spins and big-time wins. Our favourite pigs are back, bringing glittering Cash Coins and the exclusive Gold Piggy Feature to this glitzy slot adventure.
Booming Games is going for goal with its first-ever instant win title, Ronaldinho Scores Shoot & Win, as it continues to leverage its partnership with the international footballing icon. Players step into the football boots of Ronaldinho and experience the thrills and excitement of trying to beat the keeper. Each shot the player takes could mean a big prize – there are 16 prizes in total with each kick potentially delivering at least 3 instant rewards.
The post Week 45/2024 slot games releases appeared first on European Gaming Industry News.
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
Xanada Investments has announced FTDX as the winner of its prestigious Xanada Startup Contest, an initiative designed to identify standout startups capable of delivering substantial value to the iGaming industry. This contest attracted nearly 250 applications from diverse regions and business verticals, making it a highly competitive process. FTDX distinguished itself with a powerful solution that enables iGaming operators to convert previously unmonetized visitor traffic from regions outside their operational scope into significant new revenue streams.
FTDX’s platform allows operators to redirect traffic from untapped regions effortlessly, unlocking immediate financial value from these visitors. By integrating FTDX’s dual reward system, which optimizes both click-through rates and deal values, operators can enhance overall performance. Already live, FTDX is achieving up to 3% conversion rate from these redirected visitors to First-Time Deposits (FTDs).
Vladimir Malakchi, CEO & Managing Partner of Xanada Investments, shared his thoughts on the victory:
“FTDX stood out not only for its innovative solution but also for the rigorous preparation and commitment they demonstrated throughout the contest. Their detailed approach and well-strategized entry showed a clear vision and a deep understanding of the market, making them an ideal winner of the Xanada Startup Contest.”
Björn Nilsson, Founder of FTDX, expressed his excitement about the win:
“We’re thrilled to be recognized by Xanada Investments. This win represents an exceptional opportunity for us to scale our solution globally and enhance our impact across the industry. Xanada’s promise to support us as a forward-thinking start-up is highly appealing, and we’re excited about the business growth this partnership enables.”
About Xanada Investments
Xanada Investments is an ideological investment fund led by industry visionaries, targeting PreSeed, Seed, and Series A funding of promising projects and their leaders who resonate with their ethos. The fund’s goal is to build an excellent xanadu-like business ecosystem, which will ideologically and strategically bond leaders into one community for the global idea of mutual prosperity.
About FTDX
FTDX empowers iGaming operators to maximize the value of every visit, across all borders, by converting visits from regions outside their business scope into a newfound source of revenue
The post Xanada Investments Announces FTDX as the Winner of the Xanada Startup Contest appeared first on European Gaming Industry News.
Week 45/2024 slot games releases
ComeOn Group adds sportsbook to its offering in Ontario
Xanada Investments Announces FTDX as the Winner of the Xanada Startup Contest
LazyBar: The New White Label Casino Brand launched on the Extendy Platform
Super Group Reports Financial Results for Third Quarter of 2024
SOFTSWISS Gets Certification for Its Jackpot Aggregator in Bulgaria
The Role of Adaptive Soundtracks in Player Engagement
Top Online Casino Trends to Watch: Megapari’s Expert Analysis
QiH Group completes C-suite hiring spree with new CFO appointment
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