RTP stands for "Return to Player" and it's a term used by casinos to describe the percentage of any wagered money that a slot machine will pay back to players over time. The RTP is a theoretical statistical calculation and it's a long-term measure. For example, if a slot game has an RTP of 95%, it means that, in theory, the game will return 95% of wagered money to players over an extended period, while the house or the casino will retain a 5% edge.
To illustrate this, imagine you bet a total of $100 on a slot machine with an RTP of 95%. Over time, you should expect to get back $95 theoretically. However, this doesn't guarantee you'll always get back $95 for every $100 you bet. The outcome of each spin is determined by a random number generator (RNG), and the RTP is a statistical average over countless spins – typically millions.
Remember that the RTP is not a measure of short-term returns. In the short term, a player could land a massive jackpot or lose their entire stake. The RTP provides a general idea of the proportion of staked money the slot machine returns to players, allowing you to gauge your potential winning chances over the long haul.
Interested in understanding how RTP applies to different types of slot games? Check out the second part of this article.
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