There are numerous terms used in the casino industry when it comes to slot machines and more are coming as the game goes through what can only be called an evolution. In this article we will be focusing on 2 of these terms, RTP’s and RTG’s. If you don’t know what these are, don’t worry, you’re about to.
What is an RTP Slot
All slot machines including from Star Slots, by law are required to have an RTP and most casinos will have these listed on their site or it will be mentioned once you click on the game. Should you not be able to find it there, game developers will usually have a list of their games as well as the RTP and if you still can’t find it, there are a myriad of private sites that have gone through the arduous task of finding out for you and making extensive lists which you will be able to search.
RTP stands for return to player. This will be given in a percentage and refers to the programmed amount that the machine is designed to payout. Most slot machines these days will offer RTP’s of between 95% to 98.9%. For instance, if the game offers an RTP of 97% that means that out of 100% the game is programmed to payout 97% of that. Simply put, should you bet $1 dollar, theoretically the machine should payout 98 cents, but as we shall discuss this is not always the case.
It is important to remember that this does not mean that it will pay this amount out after every spin. Usually the machine will be designed to pay this out after a predetermined number of spins, so look at this number as an average and not a guarantee. It is also good to understand that slot machines are not obligated to have a minimum percentage payout.
What is RTG in the online gambling industry
RTG refers to an online casino company which was established in 1998 in the city of Atlanta, Georgia, often considered to be the birthplace of the casino industry.
Essentially what it stands for is Realtime Gaming and is licensed by numerous operators around the world. They are a company that provides download-based casino software which is used by multiple operators world-wide.
Companies who run their games on this software do not have the option of choosing payout settings. Many RTG based casinos will offer slots that have progressive jackpots, which means that there are a multitude of slots that are all linked together and all contribute to the total jackpot. Casino operators are able to configure these jackpots on a game to game basis, meaning that they change regularly, so keep this in mind the next time you are choosing a slot game to play.
Currently, one of the biggest casino operators, the Crystal Palace Group has been investigated for numerous complaints with regard to the paying of player’s winnings. It is advisable to do some research online where you will be able to find list of casinos that offer RTG which are considered to be rogue.