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Playing casino games does revolve mostly around the entertainment factor, but the potential to hit a tangible win in cash or reward form makes the experience all the more thrilling. Nevertheless, not all casino operators offer the same gaming services, let alone the same payouts to their players, and this is all the more evident in the contemporary and largely growing iGaming industry than it has ever been notable among land-based casino establishments.
What is a Casino’s Return to Player Percentage?
The Return to Player percentage is calculated for each game offered on the casino platform separately, and only after that are players able to get a clearer idea of the casino’s overall player-benefiting orientation. Namely, the RTP is often defined as the opposite to the house advantage, and presents the theoretical calculation of the percentage of money that players invest in stakes on a particular game, that would return to them as payout over a given audit period.
Normally, this RTP percentage on any given game title is explicitly stated by the provider itself in the payout information, or by the casino operator. The latter is a strong indicator of a casino’s reliability and trustworthiness, as well as its tendency to maintain legality and their operating license.
In more mathematical terms, the RTP is roughly calculated by dividing the total amount that players have won from a particular game, i.e. the amount returned to them, with the total amount of bets staked by players on the same game. This is normally calculated over a given time period, normally a month, in order to have reliable, and at the same time applicable results.
Land-based vs. Online Casino RTP percentages
Now that you know how to calculate the RTP, it is easy to conclude that any number below 100% would still leave the casino operator with the upper hand. This is so because, out of the max total of 100%, the house edge would practically be the remaining difference.
As such, a casino with a 95% RTP would naturally have a 5% edge on the game content it offers. Now, the example of 95% RTP is one of a rather player beneficial casino platform, as it shows that, under optimal ideal conditions, players betting $100 over $1 bet portions on a given game would see a return of $95.
On a different note, players should not only understand the RTP, but also know what to expect at various platforms. Land-based casinos in general have been in business for longer periods of time and face limited competition, i.e. the casino establishments nearby. As such, they offer lower RTP percentages on their game services, knowing that the demand for their services will not be drastically affected.
Online betting sites such as novibet.co.uk, on the other hand, practically face global competition and are therefore inclined to offer all kinds of additional player perks, bonuses and benefits in order to make their platform stand out from the rest. In this line of thought, they extend such tendencies to their RTP, with percentages between 90% and 95% being considered as the industry standard.
What is a Casino’s Return to Player Percentage?
The Return to Player percentage is calculated for each game offered on the casino platform separately, and only after that are players able to get a clearer idea of the casino’s overall player-benefiting orientation. Namely, the RTP is often defined as the opposite to the house advantage, and presents the theoretical calculation of the percentage of money that players invest in stakes on a particular game, that would return to them as payout over a given audit period.
Normally, this RTP percentage on any given game title is explicitly stated by the provider itself in the payout information, or by the casino operator. The latter is a strong indicator of a casino’s reliability and trustworthiness, as well as its tendency to maintain legality and their operating license.
In more mathematical terms, the RTP is roughly calculated by dividing the total amount that players have won from a particular game, i.e. the amount returned to them, with the total amount of bets staked by players on the same game. This is normally calculated over a given time period, normally a month, in order to have reliable, and at the same time applicable results.
Land-based vs. Online Casino RTP percentages
Now that you know how to calculate the RTP, it is easy to conclude that any number below 100% would still leave the casino operator with the upper hand. This is so because, out of the max total of 100%, the house edge would practically be the remaining difference.
As such, a casino with a 95% RTP would naturally have a 5% edge on the game content it offers. Now, the example of 95% RTP is one of a rather player beneficial casino platform, as it shows that, under optimal ideal conditions, players betting $100 over $1 bet portions on a given game would see a return of $95.
On a different note, players should not only understand the RTP, but also know what to expect at various platforms. Land-based casinos in general have been in business for longer periods of time and face limited competition, i.e. the casino establishments nearby. As such, they offer lower RTP percentages on their game services, knowing that the demand for their services will not be drastically affected.
Online betting sites such as novibet.co.uk, on the other hand, practically face global competition and are therefore inclined to offer all kinds of additional player perks, bonuses and benefits in order to make their platform stand out from the rest. In this line of thought, they extend such tendencies to their RTP, with percentages between 90% and 95% being considered as the industry standard.