RTP of Accredited Casinos

[Nifty29]

Hi Gang

I've been reading some threads lately regarding RTP in reference to Accredited Casinos, and other casinos as well.

I have formed the opinion that it would be reasonable for Bryan to require Accred Casinos to publish their game RTP's on a regular basis, and perhaps the theoretical RTP along with them. Of course, it is up to Bryan whether he wants to do this, but I thought it would be a useful exercise to find out what the membership feels about the importance of RTP settings and ongoing measurements of RTP over set periods.

I know that some casinos provide this on their website, and some casinos have told Bryan what their RTP settings are, but I feel it would be a very helpful tool for players, and a great display of integrity and transparency to inspire even more confidence in choosing Accredited Casinos over other operators.

Personally, I think if Accred Casino A has an RTP setting of 91%, and the Accred Casino B has 95%, then players should know about it....and those casinos with higher RTPs would then reap the rewards of having better payouts in comparison to others. In fact, some kind of RTP category could be created where higher settings are recognized with a different "class" or sub-category, similar to the one I suggested for payout speeds. Each Accred Casino could have a Gold, Silver, or Bronze star next to their listing under two new columns of "Payout Speed" and "RTP" to allow potential players to make informed choices. E.G. Gold could be RTP 96+, Silver 93-95 and Bronze <92 or something similar. It might also create a more competitive atmosphere i,e, lower RTP operators could increase their settings to gain a higher rating etc, which is win-win - more players means more profits, and the increase in RTP would more be more than covered by the increase in turnover (assuming their marketing of such is sound)

Anyway, submit your vote and let's see what pans out.

[chuchu59]

Excellent suggestion Nifty. Otherwise its probably guesswork based on the playing experience of a few players which only constitute a very small percentage of the casino's customer base.

[KasinoKing]

I agree, this is an excellent suggestion!

One thing you didn't say (or at least, it wasn't 100% clear) is that we want to see the RTP of each and every game separately.
i.e. The casino saying "our slots have a theoretical RTP of 95%" is just not good enough IMO - we want to see the RTP of EACH slot.

IGT, NetEnt and Rival (and maybe some others?) already do this - it's about time ALL casinos published these figures.

KK

[Surasanji]

I agree, this is an excellent suggestion!

One thing you didn't say (or at least, it wasn't 100% clear) is that we want to see the RTP of each and every game separately.
i.e. The casino saying "our slots have a theoretical RTP of 95%" is just not good enough IMO - we want to see the RTP of EACH slot.

IGT, NetEnt and Rival (and maybe some others?) already do this - it's about time ALL casinos published these figures.

KK

I agree.

The transparency involved would really go a long way into helping players feel safer at the casinos.

And its not as if the RTP will let players know variance or any of the other elements of the payout- It'll just give them something to shoot for. :P

I see this as a win-win for everyone. Players who feel safer depositing will deposit more, and the Casinos win because players who feel safer will deposit more. (This message brought to you by the Redundancy Council on Redundancy.)

[Simmo!]

I agree but it won't be that easy. I have had lots of conversations about RTP with different casinos over the past 2 or 3 years and there are varying reasons why this would be tricky. In some cases it appears the casinos don't even know the game RTP's themselves! Some are happy to publish of course, some have no choice, others think it will be counter-productive, some think it will lead to issues on forums if they publish, some see land-based as setting a precedent. I'd love to see them published too but the bottom line is it would has to come from the software provider like IGT do in their paytables to be credible, accurate and maintained effectively.

In addition, if it came any other way, there would need to be some sort of control process in place as they can change. On top of that, you have the trust issue that you are being told the right percentage. I recently saw a software manufacturer game PR sheet that had a vastly different RTP to that shown on the game itself for example (the game was right incidentally).

[threescatters]

Nifty, I like your idea very much.

I would also suggest that simply publishing "ranges" on each slot is not allowed as well, as is happening at IGT/wagerworks these days.

For example, publishing that "This slot has an RTP in the range of 92-95%" is pretty useless imo, might as well just not publish it.

I very very much like the way virgin casino just publishes the exact RTP for everything. Completely open and you have to respect them for that.

[KasinoKing]

For example, publishing that "This slot has an RTP in the range of 92-95%" is pretty useless imo, might as well just not publish it.

At which casino(s) have you seen that?

KK

[threescatters]

At which casino(s) have you seen that?

KK

kerching siberian storm for one, and a lot of new wagerworks slots (the figures are not 92-95 but something similar)

edit : KK i am going to pm you so we dont derail the thread. I think Niftys idea is a good one and want to focus on that

[rockycatt]

in a word yes

[IanO]

Nice idea Nifty, but like Simmo said there are a number of roadblocks. One not mentioned yet is old info. I grabbed an old RTP page from another casino to illustrate my point.

Lets say you were using these sheets to decide what to play and where... and your game was Pai Gow Poker. At the start of December you check and see that the recent RTP at this casino was 98.2%. Woo-Hoo and away you go. At the end of December you're one of the players who made up the 92.25% RTP for that month... not what you were expecting... so you switch to another casino... only from their RTP to drop and the one you left to go up again. Unless the info is given real time (never gonna happen imo) then it's still a bit of a gamble.

Then there is verifying the numbers. I guess everyone would have to use central monitoring services which some operators understandably dont want to pay for. I'm also not sure I agree that this would make players feel any safer. I think you get that by processing withdrawals and dealing with any issues that arise quickly and effectively.

Yet another poll I shall be watching with interest

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