Hi
@trancemonkey , have a question about RTPs, not sure if it has already been answered.
When a brand new slot is released, the RTP they put on it - how is that calculated? I'm talking about modern day slots here that may have complex and highly volatile payout structures. Is it done by a sum of probability of every individual outcome or is it arrived at through testing? If by testing, is that testing by manufacturer or auditors? Can a manufacturer just say 'this slot has an RTP of 96%' and then as long as the return falls within a certain range after a reasonable number of spins (is there a testing minimal?), the slot would be approved and they would be allowed to label it with the 96% they said.
I'm just thinking that, because of how high the volatility of some of the games are these days, how the RTP that is quoted could deviate from the 'true' RTP from 1 million spins to the next 1 million spins could be the difference in a game being a 96% RTP and a 96.5% RTP.
Last question...I presume slots that are released using the same algorithm are not tested in the same way? ie. Its the algorithm that gets tested rather than the slot. Example that springs to mind is the endless Pragmatic slots that are released with a 96.5% RTP - is that just the same algorithm with a different front end?
Apologies...quite a lot in that!