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How is RTP determined and can online casinos lose more than they earn?

The topic of payouts at online casinos is full of legends and assumptions. Does the casino really pay out the entire amount to the winner, what happens if there are multiple winners, and can it survive? 

RTP is the percentage of money that an online casino returns to players as winnings over a certain period of time. For example, if a game has an RTP of 95 percent, players can expect to get back 95 percent of their money over a long period of time.

Since it has a significant impact on players’ winnings and losses, RTP is an important factor in the online casino industry.

Why RTP matters:

Fair play. It determines the casino’s honesty towards its players. A high RTP indicates that the casino is not making too much money, allowing players to get most of their bets back.

Attracts players. Since it increases the chances of winning, thrill seekers usually choose games with a high RTP.

Gaming strategy Some players use RTP to determine the most suitable gaming strategies and control their budget. 

What is an acceptable payback percentage? The payback percentage usually ranges from ninety percent to two hundred and eighty percent. This means that players get back most of the money they earn on virtual slot machines.

Remember that all slots at Vulkan Casino are based on a random number generator and have a high return rate of 96.2% on average.

That is, if a slot has received $100,000 during its entire lifetime and its RTP is $95,000, then $95,000 has been returned to players in the form of various winnings. 

RTP can reach 100%

The return percentage shows how much money players receive as winnings. Players will get all their bets back if the RTP reaches 100%. But in reality, such an RTP level jeopardizes both the market and the players. 

Ultimately, like any other business, a casino will not operate at a loss. No slot can have an RTP of 100% or higher and also bring in more money than it earns. This applies to certified games. In addition, the RTP of games in unlicensed casinos is significantly lower than in licensed ones.

What is the danger of high RTP for players? At first glance, the maximum RTP may seem good for players, but this is not the case. Let’s consider what pitfalls may lie beneath:

Too fast loss of funds

Players who are confident in a high RTP may spend a large amount of money with the confidence that they are guaranteed to get their money back. However, even with a high RTP, the outcome of the game remains unpredictable, and the player may lose more than they win. 

Loss of realistic assessment

Players may lose their sense of real risk due to a high RTP. Focusing on the guarantee of a return can lead to recklessness and underestimation of the risk factor in the game. 

Marketing plan

A high RTP can be used as a marketing tactic to attract players. Casinos may use this figure to attract attention and create the impression that they are winning. 

Risk of losing the game

Due to the high RTP, players may believe in continuous winning and continue playing, leading to increased losses. This is especially dangerous for people who do not follow responsible gaming rules or perceive gaming as a way to make money rather than entertainment. 

Therefore, although a high RTP may seem attractive to players, it is important to remember the potential benefits and dangers associated with it. Players should understand that winnings are random and not a guarantee of a return on their money.