The return percentage (RTP) is one of the key things in gambling, after all, it determines in the long run how much the player gets back from the game on average. Simplified in any game, it means the average ratio of winnings, or returns, to bets. The term RTP, familiar to many, is also used in Canadian casinos, as it is a shortened version, Return To Player.
In recent years, return percentages have started to take players’ attention more and more. Some of the online casinos announce the return percentages in connection with their games, either when downloading the game or in the description of the game. The return percentage of the game means, in its simplicity, how much the game gives back to the players for the bets placed on it. For example, those games with a return percentage of 90% return 90 dollars to the player for every 100 dollars. However, it’s not quite that simple. The house always wins in the end, and you should keep in mind that the return percentage is a theoretical number and it doesn’t happen almost every time you play. So even if a player bet 100 dollars on one game, he may not get 90 dollars back. On the other hand, even a big win can click into the account, in which case the winnings will quickly exceed that 100 dollars. Winning is of course what is sought after in gambling, and a higher return percentage always means a greater chance of winning.
Read more about how the return rate works and how it is calculated in this article.
The competition of both casinos and game manufacturers has raised the return percentages of online casino games to a really high level. The operating principle of online casinos is that the games include a certain amount of house edge, from which the casino makes its profit. Therefore, the return rate can never be 100%. Today, however, with the competition, this advantage has shrunk to the smallest ever, and even excluding table games, slot games can be found with a return percentage of over 98%! In addition to this, over the years, the average return rate has risen to over 95% from the old 90% level.
Canadian players are big fans of slot games, so the return percentage is an important metric for those who play a lot in the long run. The return percentage alone says a lot about the game and what kind of winning opportunities it offers. If you want to be sure that you can find games with the best return percentages at the casino, choose a site that has a wide selection of different games and game manufacturers. This way, you can certainly fit several games that offer a high return percentage.
For example, if we take a coin toss, i.e. a 50% chance of winning, the player’s theoretical return percentage would be 50%. At the casino, we can compare, for example, a 95% return to this as follows. In a coin toss, the online casino might return, for example, $1.90 CAD for a correct guess. In this way, 100 coin tosses would return an average of $190 CAD to the player, and the return percentage would be 95%. (100x(1.90×0.50)/100 = 0.95 or 95%).
Another easy to understand example is playing black or red in roulette. Both return double the bet, but the return percentage is not one hundred. The roulette wheel also has a 0, and its chance is 1/37, or approx. 2.7%. Bill delivery 100% – house edge 2.7% gives a roulette return percentage of 97.3%.
The return percentage of slot games can be divided into two different sections, the basic game and the bonus game. The basic game refers to the normal game that is played when you start playing the slot game. The bonus game is a feature of the slot game that you can access depending on the mechanics of the game with different scatter symbols or, for example, consecutive wins.
These two parts are the same game but can have completely different return percentages. Almost without exception, the return percentage of the basic game does not rise to the level of the bonus game. The closer the return percentages of these two parts are to each other, the lower volatility we can talk about. And again, the higher the return percentage of the bonus game compared to the base game, the higher the volatility of the slot game usually is.
Games with high volatility can be classified as games that pay out less frequently, but with larger payouts, while games with low volatility can be counted as games that pay out more often, but with smaller amounts.
Volatility reflects the variance of the games and at the same time how much risk the player has when playing the game. Low volatility slots often offer smaller payouts with a lower risk of losing your balance, while a game’s high volatility means that the payouts are bigger but less frequent. With bad luck, a high-volatility game will eat up your entire balance before hitting a big win. When you choose the game you like, you should compare the balance and the strategy in terms of volatility. If you want to play with a small amount for fun, play a low volatility game, while if you deposit a larger amount and hunt for a big win, choose a high volatility game.
Casinos also have the opportunity to influence the offered return percentages to some extent, as casinos are able to choose different versions of the same games in their selections. Game manufacturers have started to produce versions of games that offer different return percentages. For example, when looking at Play N Go’s games, the RTP can vary significantly from casino to casino. You can see versions of Play N Go games with the same name with 88-96% return, so there is considerable room for adjustment and selection. Play n Go is also not the only manufacturer that has started manufacturing different versions of its games. You can always check the return percentage of the game directly from the game descriptions or rules of casinos operating with MGA, i.e. Malta gaming license, but unfortunately, games operating with a Curacao license do not have this same requirement.
A common misconception related to the return rate is that if the casino plays a 90% RTP game for $100 CAD, you should have a balance of $90 CAD left in your hand. This is not the truth. The theoretical return always applies to a single spin, i.e. when you play one round of 95% of the game with euros, on average 95 cents will be returned to your account. The price of a spin is thus 5 cents, theoretically. So if you play thousands of rounds, this 5 cents can easily swell to the size of your balance. If you didn’t happen to grab a big win with the spins, you probably lost your balance.
Gaming should always be considered a form of entertainment, and remember that return percentages are based on the end result of endless or billions of spins, so even based on a couple of thousand spins, the RTP can be completely different than what the game description says. You could lose your balance or win 1000x, it depends on your luck.
The return percentage is the theoretical percentage that the game pays back on all bets. The value known as RTP is calculated from the sum of billions of spins.
The volatility of the game tells how the possible winnings are distributed among different combinations. Volatility can be either high or low regardless of the return percentage.
Doesn’t matter, casinos can’t adjust the games in any way. However, you can check which version of the game is available, as there are several different versions of certain games, with different refund percentages.