While the outcome of many casino games is mostly determined by luck, there is one statistic that may be used to estimate how much money you are likely to win on a particular game. Each casino game, including those offered by Pinnacle Casino, has a predetermined Return to Player value (RTP), which establishes the proportion of money you can expect to win based on your wager.
The two components of this formula are rather simple. The sum of all initial wagers made by players on the game throughout the RTP live, which is typically one calendar month, represents the total amount of money wagered by players. The entire sum of all player winnings throughout the same time period is the money that has been returned to them overall.
In spite of the fact that RTP values are most often associated with slot machines, this formula may be used to determine the RTP value of any casino game, including table games, live casino games, and virtual sports.
RTP numbers can be easily understood from the player’s perspective by treating the percentage as the amount of money you would win by wagering €100 on the game. It is the polar opposite of the house edge, which measures the predicted profit margin for the house on any given game.
Do RTP values have good and bad sides?
RTP values can significantly differ between casinos and games. As a general rule, they are lower at real-world casinos, where RTP values of 80–90% are typical, than they are at online casinos, where RTP values often range from 90–97%.
Thus, determining whether a game has a “good” or “poor” RTP value mostly depends on your opinion of the RTP live slot value in issue and whether you believe it merits making bets on the game.
Considerations for RTP values
RTP numbers are helpful in letting you know how much money you may anticipate to win on a certain game, but it’s vital to keep in mind that they should only be used as a rough estimate.
Along with a slot game’s RTP number, players should also take its hit frequency and volatility into account.
A percentage called hit frequency indicates the likelihood that a specific spin would produce a win. This is determined by averaging a sizable number of spins. Variance, another name for volatility, describes both the frequency of victories and the size of their payouts. This can be described as “low,” “medium,” or “high” or on a scale from one to ten.
Slot machines with low volatility should yield frequent, little winnings, while those with high volatility should yield infrequent, massive wins. Therefore, a slot game’s volatility may provide information about the level of risk necessary to potentially gain profits.
Thus, even if a slot game has a high RTP value, its volatility and hit frequency can largely determine your odds of winning and possible returns on a spin. This explains why medium volatility slot games are frequently successful since they produce a balance between win frequencies and win amounts.