You'll notice an RTP % when you play slots at casinos on the internet. What does RTP mean? It's basically an % that shows the amount of money you're likely to earn from your stake.
RTP means Return To Player. It's simply the amount of players' total wagers that are returned to them.
A lower percentage means that you're more likely to lose more money over the course of time when playing a slot in a casino that has a higher percent. In More details means that the game is more profitable for the online casino as well as the game studio that hosts the game.
A 97% RTP game is that for each $100 that a player spends on a casino game, $97 is paid back to him. The casino online will earn $3 as the gambler loses. A portion of the $3 will be used to fund the casino game studio.
You can see the RTP percentage when you select the slot on the Paddy Power Games page. The advertised RTP is not a guarantee that you will lose that percentage in that particular session. It's a hypothetical Return To Player calculated using statistical modelling of games over the long term.
The Casino Games are developed with the aid of an RNG Random Number generator. The algorithms creating the outcome are designed to ensure the exact percentage RTP result over a long time.
Many countries have legalized internet gambling. Operator licenses are necessary for an online casino that offers approved slot games. For a slot game to be recognized in the particular country the game supplier needs to have a licence.
Independent testing companies for games such as Gaming Labs should be contacted by the supplier to test their game. It is important to verify the accuracy of the Return-to-Player. This will ensure that the game is fair to the player.
While the percentages differ from one game or another however, it's generally between 94-97%. Subscribing the to iGaming Tracker allows you to analyze RTP per game and supplier.
The statistical answer is yes. However the Return to Player calculation is based upon large sample of game. A player might get more money than they staked in a single session. They might also lose the entire amount they put in. However, you're playing with a computer, so over the long run, you are likely to lose money close to the RTP.