Those new to mobile gambling may look at mobile slots and see a curious little number labelled “RTP”. Usually, this is presented as a percentage and it’s almost always about 95%. But what does RTP actually mean? You’d be surprised how many gamblers happily go along without finding out what RTP is or how it works.
Well, we wouldn’t say that it’s absolutely essential for you to understand RTP (it certainly doesn’t ruin your fun if you don’t), but it certainly helps you choose a slot that could be more beneficial overall. So, without further ado, here is our guide on RTP in relation to mobile slots.
What Does RTP Mean?
The first question that’s probably on your mind is what does RTP actually mean? Or, more accurately, what do the letters stand for? Well, the actual acronym means ‘Return to Player’ and what that means is basically how much the slot will pay you back overtime the longer you play. For example, if you bet £1 in bets on a slot with 90% RTP, then you can expect get 90p back for every win.
However, it’s not always that clear cut. This is calculated over long term and you may end up spending a lot more than a single pound to play that slot. In the long term, anything could happen. You’ve got to accept the risk that you could possibly lose. So, don’t go in thinking that’ll happen all at once because you’ll seriously be disappointed.
The average RTP of mobile slots, based on all the slots in our gaming library here at Fortune Frenzy, would be around 96% to 97%. It rarely goes below that and it’s even rarer for them to go below 90%. If it does, you can guarantee that it would almost not be worth your time playing those mobile slots. Nobody likes a low RTP after all. And because mobile slots are always trying to compete with each other, you’ll gradually see an increase in RTP overtime. Though, we doubt they’ll climb much further because that would then be 100% and that would be ridiculous. The casino has to make money somehow.
How Is RTP Calculated?
It’s usually calculated by a simple formula which is as follows:
RTP = (Total amount returned to player)/(Total amount bet by players)
You can use this formula for yourself to calculate the RTP, but many review sites and mobile slots show you exactly what the RTP is anyway so you needn’t bother. Generally speaking, mobile slots have a typically high RTP as they are in greater competition than slot machines in a brick-and-mortar casino. On a slot machine, the RTP far more likely to be 80%, probably because the cost of running a real life casino is much higher than an online one.
Why Are RTPs Necessary?
Basically so that you, the player, play these slots and get the money you want. Without them, all mobile slots would not be anywhere near as enticing. After all, it is a prediction made by the developers based on numbers a randomly generated by a machine. It’s not 100% necessary for the mobile slots to work.
But it helps knowing what your slot’s RTP is because you have a better idea what to expect. In a way, it might even lower your expectations as sometimes high expectations can ruin your fun. Anyway, it’s always best to know what you’re heading in for. Players are giving away their money, after all, in hopes of getting higher returns. If they go in blind, it can be a scary thing.
Then again, many players like the risk of not knowing. It adds to the thrill of playing mobile slots and even more so when you actually win something. So they may seem like another number to keep in mind but they are also very necessary.
Play Mobile Slots at Fortune Frenzy!
Now you know all about RTPs, why not take a look at mobile slots here at Fortune Frenzy? We have an awesome selection of games with very high RTP so that you can get the wins you’re searching for right here. Head over to our library now to see for yourself! And see if you can’t spot what the RTP is for each game. If you can’t… Well, that shouldn’t spoil your fun now, should it?
