If you are interested in casinos and gambling, you have probably heard of the term “Return To Player” (RTP).
RTP, also known as the payout ratio or return-to-player ratio, is the ratio of the amount of money a player gets back to the amount he or she bets.
For example, if you compare the payout ratio of an online casino game to that of a bicycle race or horse race, you will quickly learn how difficult it is to make money at other gambling games. Here, we will compare the return rates of each online casino game and popular Japanese gambling games such as public gambling. Furthermore, we will explain the important return rates in gambling in an easy-to-understand manner.
Use the information below to help you play games that are more lucrative and profitable for you!
RTP (Return To Player) is the percentage of the player’s wager that is returned to him or her.
For example, if a player puts in 10,000 PHP and receives 7,000 PHP back, the RTP is calculated to be 70%.
The rate of return is only an average trend figure.
Suppose you win a big multiplier in slots, for example, and your 10,000 PHP wager turns into 100,000 PHP.
In that case, the rate of return would be 1000%.
Of course, gambling is a repetitive process of winning and losing, so there are times when you make a large profit and times when you do not make any profit at all.
As you win and lose repeatedly, the more times you win and lose, the closer the result will be to the indexed rate of return.
How to Calculate RTP
The RTP can be calculated using the following formula:
Return To Player = Total Win / Total Wager
and can be said to be an expected value that indicates how likely it is to win for a game that is played continuously.
Ranking of Gambling Returns
The RTP varies for each gambling game.
The RTPs for the main gambling games are ranked as follows.
Gambling Types | Online Casino | Actual Slot Machine | House Racing | Lottery |
---|---|---|---|---|
RTP | 97% | 85% | 76% | 45% |
Non Gambling Returns
The figure of return is not limited to gambling.
It exists, for example, in insurance, stocks, forex, virtual currency, and other structures that offer a return on the amount paid.
There are different types of life insurance, such as whole life insurance, term life insurance, and lump-sum insurance, which does not return the premium.
Other types of stocks, FX, virtual currencies, etc. certainly offer a return on investment, so the rate of return can be calculated when dividends are generated, but the gain or loss depends largely on the market price and forecasts based on market conditions.
It cannot be captured by a constant rate of return in the same way as gambling.
Casino Game RTP Ranking
More than 40 million people around the world play online casinos and this number of casino continues to grow day by day.
The reason why online casinos are so popular “today” is not only because they offer the same wide variety of games as land casinos. The real reason can be seen in the RTP. The average RTP for all online casino games is approximately 97%. This is well above the RTP of land casinos.
Of course, not all games available in online casinos have a return rate of about 97%. Some casino games have a rate of return close to 99%, while others do not reach 97%.
Black Jack | Baccarat | Roulette | Poker | Video Slot |
---|---|---|---|---|
99% | 97% | 96.5% | 95% | 93% |
*Some of the games have a variable rate of return of 2-3% depending on the rules and models.
Why is the RTP for Online Casinos Higher?
Some of you may be wondering, “Unlike real casinos, online casinos’ RTPs are too high and too fake.”
Some people may be skeptical.
It is true that there is little difference in the games that can be played in both brick-and-mortar casinos and online casinos. However, if the RTP of an online casino is significantly higher than that of a brick-and-mortar casino, it may seem suspicious.
The answer is simple: online casinos, unlike brick-and-mortar casinos, do not have to spend much on labor, utilities, and other expenses.
Online casinos do not need to hire cleaners or security guards because customers do not actually visit the casino. They also do not operate huge casino facilities, which saves huge utility costs.
This allows them to offer a higher rate of return for their players.
The higher the rate of return, the longer more gamblers can enjoy playing in online casinos. Online gambling is a win-win situation for both gamblers and online casino operators.