RTP (Return to Player)
What is RTP?
RTP (Return to Player) is the theoretical percentage a game pays back to players over a significant number of spins, typically expressed as a percentage. For example, a slot with a 96% RTP will theoretically return $96 for every $100 wagered over the long term, making it a core concept in gambling math.
Key Nuances
- Theoretical Calculation: RTP is calculated over millions of simulations, representing the long-term expected slot payout, not the return for a single play session. Individual session results can vary widely due to variance.
- Inverse of House Edge: RTP is directly related to the casino's advantage. If a game has a 96% RTP, the "House Edge" (the portion the casino expects to keep) is 4%.
- Variable RTP: Some modern online slots allow operators to choose from different RTP settings (e.g., 94%, 96%, or 98%). Players should always check the game's info or help file to confirm the specific RTP setting in play.
Related Terms
- InterCasino (1996)
Widely credited as the first online casino to accept a real money wager over the internet.
- Progressive Jackpot
A pooled prize fund that increases incrementally every time a specific game is played but the jackpot is not won.
- Wagering Requirement
The number of times a bonus amount must be played through before it can be withdrawn as real cash.
- Video Poker
A skill-based electronic card game where correct strategy can reduce the house edge to under 1%.
- Bingo
A social game of chance where players match numbers on pre-printed cards to form patterns.
- PASPA Repeal (2018)
The Supreme Court ruling that struck down the federal ban on sports betting, allowing US states to legalize it individually.