RTP?

Osloking

Quit Gambling
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Dec 31, 2010
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Norge or NO-WAY!
Hello everyone, i just woundred what really RTP means? i understand that this is "return to player" but cant understand the math...

i have few example here : i played at victor chandler casino for few days ago and had about 2500 norwegian kroner (around 450dollar) and i played a slot name : rainbow riches, i played 10kr bet and after around 260 spin i was at 0, i won 100kr from the session do this mean that i had around 5% RTP?

And on 3dice i was on chat support and asked what my RTP was and they told me i was at 115% RTP, btw yes i am acutally + on 3dice from all the deposit VS withdraw.


thank you for the reply :D btw i love you 3dice, support, fast payout! :D

Update, sorry the headline is wrong spelled! :S
 
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4 of a kind

Repeated violations of forum rule 1.16 - troll
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New York
Return to Player (RTP) is the term casinos use to describe the percentage of all the wagered money a VLT or slot machine will pay back to players over time.

If you were the only person playing a single slot machine the actual pre-set RTP settings could take millions of spins to achieve. Anything could happen in the short term. Someone might visit a slot game and after a single one dollar spin win five thousand dollars having an RTP of five thousand percent. Another player will visit the same machine and after wagering five thousand dollars have zero.

The tricky part is all those shitty small returns like one or two times the bet you hit endlessly which mean nothing more then another pull or two extending your sessions count towards the RTP's.

Slot machines are the biggest money maker's for casinos. This is why most players that spend a lot of time and money at casinos prefer games that include a proven strategy that lowers the house edge, and usually won't go near a slot machine. This doesn't mean that their going to be winners. It just means they lose slower over the same period of time.

Then on the other side of the coin a slot player might have a chance of being the lucky person that hits a massive jackpot and gets to experience a life changing win, like a lottery winner. A table player with a normal bankroll would rarely if ever share that experience.

A casino gambler is like the old California gold rush miners. Thousands and thousands of people flocked their to become rich, but only a handful left not broke.

Remember, Las Vegas casinos weren't built by paying winners.
 
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KasinoKing

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i have few example here : i played at victor chandler casino for few days ago and had about 2500 norwegian kroner (around 450dollar) and i played a slot name : rainbow riches, i played 10kr bet and after around 260 spin i was at 0, i won 100kr from the session do this mean that i had around 5% RTP?
To work out your RTP from that session:

Your total wagers: 10 x 260 = 2600
Your total loss was 2500, so as you said, your return was only 100. (2600-2500)
RTP = return/bet, so 100/2600 = 0.038462 = 3.8462%

That is totally diabolical! :eek:
KK
 

Osloking

Quit Gambling
Joined
Dec 31, 2010
Location
Norge or NO-WAY!
Return to Player (RTP) is the term casinos use to describe the percentage of all the wagered money a VLT or slot machine will pay back to players over time.

If you were the only person playing a single slot machine the actual pre-set RTP settings could take millions of spins to achieve. Anything could happen in the short term. Someone might visit a slot game and after a single one dollar spin win five thousand dollars having an RTP of five thousand percent. Another player will visit the same machine and after wagering five thousand dollars have zero.

The tricky part is all those shitty small returns like one or two times the bet you hit endlessly which mean nothing more then another pull or two extending your sessions count towards the RTP's.

Slot machines are the biggest money maker's for casinos. This is why most players that spend a lot of time and money at casinos prefer games that include a proven strategy that lowers the house edge, and usually won't go near a slot machine. This doesn't mean that their going to be winners. It just means they lose slower over the same period of time.

Then on the other side of the coin a slot player might have a chance of being the lucky person that hits a massive jackpot and gets to experience a life changing win, like a lottery winner. A table player with a normal bankroll would rarely if ever share that experience.

A casino gambler is like the old California gold rush miners. Thousands and thousands of people flocked their to become rich, but only a handful left not broke.

Remember, Las Vegas casinos weren't built by paying winners.

thank you so much for your time to write it all down :D appreciate it
 

Osloking

Quit Gambling
Joined
Dec 31, 2010
Location
Norge or NO-WAY!
To work out your RTP from that session:

Your total wagers: 10 x 260 = 2600
Your total loss was 2500, so as you said, your return was only 100. (2600-2500)
RTP = return/bet, so 100/2600 = 0.038462 = 3.8462%

That is totally diabolical! :eek:
KK

i know :S I actually won 100kr on the second spin, so I continued for about 100spinn completely dead, I thought the "big win" should be near as i usually get at least some decnt win after 40-60 dead spin on other slots.

But i was wrong lol i was like.. ok ok it should come soon calm down.and poof 0 lol, i talked to support afer that and they wouldnt give me a deposit bonus as i never asked them before and never made a withdraw there.. so i closed my acount:cool:
 
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