Gaming: Return to Player (RTP) and variation

nikosmat

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29 Sep 2018
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"You can apply the principles described in this article to almost all gambling in which the player plays against the casino. In other words, in any game the casino collects bets and pays the potential winnings. The most famous games in this Most of you probably already know that the way these games are played gives you a long-term advantage in the casinos, otherwise the casino owners would lose money.


The advantage of the casino in each game is determined by the rules of the game and the payment rules if you win. If these rules apply to too many game rounds (sometimes even hundreds of thousands), the casino owners can be relatively sure that the amounts they earn from the bets will exceed the amounts they paid in profits. In the long run, statistics favor casinos.


So long as statistic is not on your side, going to a casino, playing, winning and leaving with your winnings is a fairly common phenomenon. The main reason is that during your casino visit you will not play more than a dozen rounds of play. In this case, statistics do not have enough time to take action. So the outcome of your casino visit depends mainly on luck (or your luck if you prefer). It's just that luck that helps lucky players win and defeat the casino's statistical advantage. To increase your chances, it is very important to know two basic features of each game: profitability and variance.


Gaming and Profit Efficiency (RTP)
Earnings Profit (also known as a Profit Rate or Return to Player - RTP) of a Gamble is the long-term statistic of the total money you earn towards the total amount of money you are betting. The opposite of profitability is the casino's advantage. The casino advantage is calculated as 100% minus the profitability. If the winning return is 95% then the casino advantage is 100% - 95% = 5%.


Winning roulette profit
In European Roulette, the probability of winning when you bet on black is 18 black numbers to 37 numbers in total (do not forget to zero). The win is 2 times the bet. Therefore, the winning return on roulette is 2 * 18 / 37 = 0,973 = 97,3%. Then the casino advantage is 100% - 97,3% = 2,7%. The game of roulette is configured in such a way that it has the same RTP for all types of bets (color, number, etc.).


RTP to Blackjack
Since the rules of blackjack differ from casinos to casinos, it is expected that RTP will also be different. However, in general, a blackjack game in which you use the basic strategy gives an expected RTP around 99,5%. In the live, online blackjack, the expected RTP changes as the dealer bets cards from the deck. In this case, RTP typically ranges between 95% and 102%. This is an asset exploiting players who count leaves b ???? those who calculate the real RTP of the blackjack card and if RTP is over 100%, they try to bet a lot to make a profit in the long run. On the other hand, of course, casinos have ways to spot those who score cards and to forbid them to continue playing.


Win percentage in slot machines
In this case, RTP typically ranges between 92% and 99%. The slot rate in slots is determined by the symbols on the virtual rollers, the paytable and the specific rules that apply to each game


Gambling Percentage Rate and Betting System Profit Rate
It is very important to understand that the payout percentage expresses the expected payout in a single round of play. Suppose you bet € 100 on roulette and win € 1200. Then, continue to play and bet 12 times the amount of € 100 = € 1200. RTP must be used in each game round separately. In this case, the expected statistical profit of the casino will be: (100 € + 1200 €) * (100% - 97,3%) = 1300 € * 2,7% = 35,1 € "




From article with useful information to https://gr.casino.guru/casino-guru-odigos-online-casino
 
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