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Understanding RTP and Why It Matters at an Online Casino
If you’ve spent even a minute playing slots at an online casino, you’ve undoubtedly come across something called RTP, which stands for Return to Player. This is almost always shown as a percentage, and it’s important for you to know exactly what it means. If you value your money and your time, you’d do well to read this quick article that explains what RTP is, breaks down slot volatility and shows how you should consider RTP when playing slots at an online casino.
What Is RTP?
The meaning of RTP is right there in the words themselves—return to player. RTP simply denotes how much of their money, on average, a player can expect returned to them given enough time. The idea of RTP and its meaning has been discussed by industry experts, such as Paygamble author Kevin Flynn, but this article is here to help if you are still having trouble understanding RTP. Take the following for example, a slot with an RTP of 97% means that if you bet $100, on average, you will get $97 back.
Now, that’s not to say that every spin will return less money than you wagered. Remember, this is on average. You can still hit the jackpot and win big, walking away with more than you put in and beating the RTP. Once you know that RTP is measured over ten or even a hundred thousand plays, you’ll realize that short-term play won’t always reflect a game’s RTP. RTP is the reason why the iGaming industry sees stunning revenue year after year, and knowing what it is can help you take a chunk of that back.
Looking at Volatility
While on the topic of RTP, you should also know how to identify slots with high and low volatility. Volatility refers to how often a slot machine pays out. Typically, a slot machine with lots of lines and different ways to win has low volatility. Your chances of winning are bigger, but the payouts are often smaller. On the other hand, slots with higher volatility tend to have fewer reels and fewer lines. You won’t win often, but when you do, the payout will be bigger than on a 5-reel slot with thousands of ways to win.
Considering RTP When Looking at Slots and Other Casino Games
RTP isn’t just found on slots; just about every casino game uses RTP as a metric, and it can often be found directly on the site itself or the site of the software provider. While RTP should be the main thing you consider, don’t forget volatility. A combination of volatility and RTP can give you greater insight into whether or not a game is worth playing.
- Low Volatility High RTP – Slots with multiple reels, progressives, minigames and more ways to win often have a higher RTP since players are winning more often.
- High Volatility Low RTP – You’ll find that traditional slots tend to have higher volatility but a lower RTP since players are winning less often. With fewer lines and reels, there are fewer ways to win.
- The Best Combination – A slot with low volatility and high RTP is ideal, as this means that you will be winning more often and losing less money in the long run compared to alternative games.
Most online casinos don’t have games with an RTP lower than 90%, but not every casino or software provider publishes their RTP statistics. You may want to avoid those casinos and games, as you will have no idea what to expect from the game and what the average return should be. Likewise, you’ll quickly find that the games included in bonuses for free spins tend to have high volatility and low RTP. This can easily change your opinion on what would have otherwise seemed like a great bonus.
House Edge vs. RTP
You may have heard the term ‘house edge‘ at casinos too, but you shouldn’t confuse it with RTP. Whereas RTP is the percentage of money returned to a player on average over time, the house edge is the odds of a game ending in the casino’s favor. When you hear house edge, you should think about games like roulette, blackjack, baccarat and sic bo. These games are all in favor of the house, with blackjack having the smallest advantage, making it a popular game for players.
With perfect strategy, you’ll win about 49.5% of the time on average in blackjack. This edge can vary from online casino to online casino, as the rules may be different. Some casinos add a triple zero to roulette, further increasing the odds of players losing. Always double-check what the house edge is and make sure that it is in line with your expectations.
Wrap Up
In short, understanding RTP is the key to succeeding in a house where the cards are stacked against you. By knowing how much is returned on average and looking at volatility, you can avoid games that are almost scams and keep more money in your wallet. Just remember that RTP is based on an average, so you aren’t technically going to walk away from every session with less money than you put in. There is always the chance that you can get lucky and hit the progressive or line up high-paying symbols. Whichever game you decide to play, do it responsibly and have fun.
QTech Games, the leading game aggregator for emerging markets, has launched a partnership with leading live-casino provider Live Vegas, adding further depth to its product portfolio and giving platform clients access to a multifaceted live-dealer catalogue.
The global live-dealer sector continues to grow, and Live Vegas’s authentic and innovative digital table games provide a standout example. Its suite includes popular live casino titles such as Blackjack, Roulette, Texas Hold’em, and Baccarat, designed to deliver the thrill of Vegas to players worldwide.
As part of the studio’s mantra to “capture the thrill of Vegas,” Live Vegas is also elevating the VIP experience. Single players can now enjoy one-on-one live video sessions with dedicated dealers, offering a personalised, social, and engaging gaming experience. Players can seamlessly switch tables or dealers, ensuring smooth gameplay while keeping the focus on the action.
These games now form part of QTech Games’ diverse portfolio, which is localised for each region and supported by native mobile apps, powerful reporting and marketing tools, and 24/7 local-language assistance. The partnership also extends Live Vegas’s international reach, unlocking new opportunities in emerging regions, especially Africa and Latin America.
Philip Doftvik, CEO at QTech Games, said:
“Live Vegas is an eye-catching studio, renowned for delivering immersive entertainment experiences to players, who can now enjoy these engaging, real-time table games (from classics like blackjack, roulette, baccarat and Texas Hold’em to more regional favourites) via the flexible QTech Games platform which offers the fastest integration on the market.
“Over the past few years, they have developed an array of exciting live-casino products, designed to boost retention and deliver a memorable user experience that players return to, while attracting new players as well. They’re the first provider to really ramp up the VIP-room experience, too—creating a warm, engaging experience which doesn’t fall far short of Vegas’s real-world customer service! Our combined aim is to empower operators with reliable technology and innovative solutions, making it easy to channel the excitement of Vegas to every player.”
Tigran Zaqaryan, CCO at Live Vegas, added:
“We’re thrilled to put our key piece in place in the all-encompassing QTech Games jigsaw, and we look forward to their platform taking our games to new, untapped audiences across emerging markets. Live Vegas’s unrelenting commitment to delivering engaging live-player experiences affords customers the visceral thrill of playing in a real-world casino, while QTech’s know-how made them a perfect partner for us. They understand that there’s no chance of cracking emerging markets without delivering the best localised games that truly connect with varied cultural proclivities in iGaming.
“At Live Vegas, our commitment to innovation and delivering the highest-quality experiences informs everything we do. QTech’s emerging markets platform now offers the perfect new proving ground through which to showcase our content. We blend industry-leading expertise with advanced technology to deliver exceptional services. And our focus is on creating a uniquely tailored gaming experience, ensuring a relaxed and enjoyable atmosphere for every player.”
The post QTech Games lights up its live casino offering with Live Vegas appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
LCKY Group has announced the appointment of Alex Manning as Group Chief Technology Officer, marking the first major leadership hire since the company’s strategic rebrand earlier this year.
Previously known as Glitnor Group, the entrepreneurial-led organisation entered a new phase of its development in January when it adopted the name LCKY Group. The rebrand was designed to better reflect the strong portfolio of brands operating under the group while also positioning the business for future expansion.
Alex’s appointment as Group CTO represents a significant step in this next stage of growth. With more than 25 years of experience across the fintech and iGaming sectors, Alex brings deep expertise in scaling businesses and leading complex digital transformations.
Prior to joining LCKY Group, Alex served as CTO of iGaming at Light & Wonder, where he led a major engineering transformation. During his four-year tenure, he transitioned the team to a product-led, cross-functional delivery model, oversaw the development of several first-of-their-kind products, and supported the company’s expansion into new regulated markets.
Richard Brown, Group CEO at LCKY Group, said:
“Everyone at LCKY Group is delighted to welcome Alex at what is a defining moment in the company’s evolution. He brings extensive experience across regulated fintech and iGaming markets, and his proven ability to guide organisations through successful scale-ups and digital transformations makes him an ideal fit for the role of Group CTO.”
Alex Manning, Group CTO at LCKY Group, added:
“I’m excited to join LCKY Group at a time when the business is focused on strengthening its international presence and growing its influence across key regulated markets. My priority will be to build on the strong culture that already exists within the group, creating a high-performance environment where teams can thrive, innovation is encouraged, and each of our brands is given the platform it deserves.”
The post LCKY Group announce Alex Manning as Group CTO appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
CasinoCanada.com has revamped its bonus display, introducing a new Bonus Card system that makes it easier to understand, compare, and claim offers.
The recently launched Bonus Cards offer an organized and efficient method for discovering bonuses.
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Exclusive bonuses highlighted prominently
CasinoCanada.com now showcases its exclusive offers – bonuses that can only be accessed through the site. A new Exclusive toggle enables users to quickly display these deals without going to a different page or completing extra tasks. With one tap, special deals rise to the top of the list.
Expandable information for enhanced understanding
Every card now features an expandable area containing essential terms, advantages and disadvantages, and qualification criteria. This assists visitors in swiftly locating the specific promotion they seek, minimizing search duration and enhancing overall navigation.
The revamped system simplifies the reading, comparing, and claiming of bonuses. This update increases CasinoCanada.com’s value to its audience by minimizing friction and showcasing exclusive offers.
CasinoCanada.com will persist in broadening and improving the product, with forthcoming visual upgrades and extra features already being developed.
The post CasinoCanada.com Launches Revamped Bonus Cards appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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