What is online slots RTP?

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Thursday, June 14, 2018

Before you start to play any slots, you should know what RTP is and how it can help you improve the way you play slots. RTP stands for Return to Player. (Read more about RTP in casinos here) The number is denoted by a decimal value and gives slots players a way to tell which slots are more likely to pay out.

RTP = Return to Player

95% RTP = the slots house edge is only 5%

Online slots have by far the best RTP compared with land-based and this is the reason why there are so many online slots players.

Check out our article that explains why online slots offer better RTP compared to land-based slots.

Why is RTP Important to Slots Players?

Of course, the most important reason a slots player wants to find out the RTP of a slot is that the slots player only wants to play slots with the very best winning chances. That is to say that the slots player is in search of the slot with the biggest winning opportunity.

If you have a slot that pays an RTP of 90% and then another option to play a slot with an RTP of 96%, then you are clearly going to choose the slot that is likely to pay you off regardless of the theme. However, although this is the most important reason RTP is used, this not the only reason. 

Using RTP as a Strategy

If you have read any of our slots guides, then you may have noticed that we have included a lot of strategy guides that have been provided to us by slots players that use the c9bets website.

In nearly every one of those strategies, RTP is mentioned. This is because you should only play slots with the highest RTP in order to do two things when playing slots:

  1. Minimize your losses
  2. Maximize your winning potential

It does not take a genius to figure out that a slot with an RTP of just 90% will not be as lucrative as a slot that is paying out 95%.

Most Online Slots Come with a 96% RTP or Above

It may sound like a high number; 96% RTP. Surely slots do not pay out that much. In fact, slots do pay out that much and have been for a long time. The main problem that some slots players have is that they do not control their bet sizing.

Also, if you consider that the house edge on games like Blackjack and Roulette is a lot less in terms of percentage, even slots with a 96% RTP are not as lucrative as games such as Blackjack and Roulette. This 4% edge on a slot machine is not only higher in terms of house edge compared to other table games, slots also turn over a lot more betting rounds per minute compared to other table games. This is why online slots are released so regularly in all online casinos.

Slots attract a lot of players, a lot of money, and a lot of spins for an online casino to make a profit. This is why the online casinos have no problem allowing the RTP to be 96% or more. The player gets a fighting chance and the casino will make its profit.

Can You Actually Win 96% of Your Best Back Playing Slots?

As a slots player myself, I started to do the math. One of the main problems with me as a slots player is that I tend to put my winnings back into the slot.

This is as opposed to what many pro slot players do, which is set themselves a specific number of spins per session. When that number of spins has been taken, then the slots player will stop. A strategy that I rarely use, but I did start to use this strategy.

What I found out is that some days I would come out with huge profits form a single session. This was because I was winning on the features and instead of thinking, well I have a lot of money, so I can put it back in, I just walked away after what I set as 200 spins sessions.

Other days I would come out over 60% down on my original starting value. I recorded each one of these sessions and made notes over a working week (5 days) or effectively 1,000 spins.

  • Each spin was 1 MYR (I have rounded up the figures below)

Session 1: Lost 80 MYR (40% of my session bankroll)

Session2: Lost 20 MYR  (10% of my session bankroll)

Session 3: Won 160 MYR (80% of my session bankroll)

Session 4: Won 90 MYR (45% of my session bankroll)

Session 5: Lost 20 MYR (10% of my session bankroll)

Overall this is exactly 2,000 MYR wagered and 1,000 spins exactly. I banked all my winnings with the aim of literally just spinning 200 times a day. I did not play any other slots during the week. I lost a total of 120 MYR and won a total of 250. In the end, I actually made a profit, which I was not expecting.

On average I did much better than the 96% RTP offered on the slots that I was playing. I am sure another 5 days play and this average will even out so, in the end, I have 960 spins worth of currency in my casino account.

With RTP, you can guarantee that you will be paid back your cash as long as you have the right strategy in place. Make sure you are using bet sizes that will help you get the number of spins you want for a week in order to run through your RTP or your probability of winning.

Upswings and Downswings and RTP

You can see that I had days where I had downswings and days where I had upswings playing the slots. However, if I had bet too much per spin, I would have had fewer spins. 

If you see that on day 1 and day 2 I lost both days. Imagine if my bet sizing was very high. I would not have had enough cash to spin on day 3, 4, or 5. As a result, I would not have given myself the chance to make my money back by turning over profits on Days 3 and 4, which both of these days is exactly why I ended the week with a profit.

That 96% RTP is a guideline to how you should be playing slots. You know that there is a 4% house edge, and you know that you can easily lose 5 days in a row. If you have a weekly budget in place of 1,000 spins, then the loss would not matter.

This is because the next week you can start again with your new budget. You can almost guarantee that the next week you will earn your money back and probably have enough for week 3 without having to make another deposit into your casino account.

You find that upswings and downswings are the nature of any game of gambling. Even if you are rolling a dice. The six may not appear for 50 rolls sometimes, although it should appear 1 in 6 times. This is the laws of variation a probability working together.

Rounding Up RTP

RTP stands for Return to Player and every slot comes with an RTP. This is done in a percentage. Most online slots offer RTPs of up to 96% and over. Land-based slots do not offer this kind of RTP and if you play on a land-based slot expect the RTP to be around 80% to 90%; some may be a little higher.

You can find the RTP of a slot by searching for its title online and seeing some reviews that have managed to find out what the RTP of the online slot is. However, nearly all online gaming developers that supply online slots to mobile and online casinos will provide you with the RTP in the info section of the slot. This is also sometimes found where you will find the rules to play slot.

For those that like their strategy, then using the RTP of a slot to form their strategy is a great way to understand the probability of you winning while playing online slots. In addition to this, you will be able to figure out when you are likely to hit an upswing or hit a downswing. You can then use that information to form other strategies such as increasing your spin bets by 20% to 50% if you feel an upswing is coming.

In short, you should only play online slots with a high RTP to maximise your profits and minimise your losses. Furthermore, you should use the RTP for bet sizing strategies, and last, of all you should always consider the RTP of a slot when forming a strategy to make sure you maximise the number of spins you will get from playing slots per week.

Happy hunting!