What Does RTP Mean at an Online Casino?
Bovada Casino is great for some betting excitement, but have you ever wondered about your odds of winning when playing some of your favorite slots and table games? This article aims to answer that question by taking a look at the online gambling term, ‘RTP’, which stands for ‘Return to Player’. Keep reading for a full explanation about what return to player means for Bovada Casino players, how it’s calculated and how it can help you win more real-money payouts.
What Does Return To Player Mean?
Displayed as a percentage, the return to player metric tells you how much money you can expect to win from a particular slot or casino game over the long term. This essentially serves as the opposite of the house edge, which represents a casino game’s mathematical advantage.
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For an example, let’s have a look at the popular Bovada Casino slot game, 777 Deluxe. According to the additional information in the Rules section, this online slot has a return to player of 96.14%. This means that for every $100 bet, you can expect to get back $96.14. It’s important to remember that these are based on averages using millions of bets, so you shouldn’t expect $96.14 back every time you wager $100. Sometimes you can get on a hot streak and end up winning a big payout on your $100 investment, but the return to player percentage is there to give you an idea of the average return in the long run.
How Is RTP Calculated?
It may seem complicated, but calculating the return to player percentage of an online video slot or casino game is actually rather straightforward. In order to determine a game’s return to player, simply take the overall dollar amount won by a group of players on a specific game and divide it by their total amount bet. While this may be quite time consuming to do manually, it’s repeated over and over by a computer algorithm in order to analyze millions of outcomes over a short period of time.
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Does RTP Matter?
If you’re simply looking to have some fun at Bovada Casino and you’re not overly-concerned about your return on investment, return to player may not seem like such a big deal. For the online casino players looking to improve their betting odds whenever possible, a game’s return to player percentage can be extremely helpful. While every casino game is different, there are certain types of games that come with higher return to player percentages. Here’s a look at the overall return to player figures on some of Bovada’s most popular casino games:
- Online Blackjack – Depending on the table rules and your blackjack strategy, the return to player for this popular casino game can get upwards of 99.5%.
- Online Roulette – The return to player percentage helps highlight the difference between American Roulette (94.74%) and European Roulette (97.30%).
- Online Slots – Online video slots have a fairly wide RTP range, but most of these games range anywhere from 95% to 97%.
- Online Craps – The RTP percentage in craps depends on the types of bets you’re making, but the Pass Line and Don’t Pass Line bets offer 98.59% and 98.64% RTP, respectively,
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Check out the return to player (RTP) percentage of all your favorite slots and table games at Bovada Casino and keep them in mind the next time you’re ready to play! So you can enjoy playing online casino games, be sure to sign up to Bovada today. Once signed up, jump into any of our casino games and begin winning real money. Not only can you win real money playing at our online casino, you can also indulge in online sports betting! Whether you are looking to bet on football, basketball, baseball or any sport, Bovada Sportsbook has it all.