Understanding the RTP and its impact on bonus play
Posted on Apr 22, 2024 • Categories:casino
Return to Player (RTP) is a term used by casinos to describe the percentage of all the wagered money a slot machine will pay back to players over time. For example, if you make a hundred $1 bets on a machine on which the RTP is 90%, you might expect to get back about $90 in wins. It's a statistical calculation, but it's an average figure — it does not mean every player is guaranteed to receive that percentage back.
The use of bonus funds in online casinos can affect the RTP in several ways. Casinos often offer bonuses to attract new players or to keep regular players engaged. These bonuses can come with various conditions, one of which is the wagering requirement. This is the amount of money that must be bet before bonus funds become withdrawable as cash.
High RTP games are often restricted when playing with bonus funds because they give the player a better chance of meeting the wagering requirements and cashing out the bonus. For instance, if a game has an RTP of 98%, the casino is only making a 2% margin on that game. If players were allowed to play these games with bonus funds, they could easily meet the turnover conditions and withdraw the funds, which is not ideal for the casino's profitability.
Therefore, casinos might restrict high RTP games or exclude them from bonus wagering. This means that bets placed on these games won't count towards meeting the turnover conditions. In some cases, playing excluded games might contribute to the turnover but not reduce it, effectively making it harder for the player to meet the wagering requirements.
It's crucial for players to read the bonus rules carefully to understand the turnover conditions and any excluded games. Ignorance of these rules can lead to disappointment if a player thinks they've met the wagering requirements, only to find out that their bets on certain games didn't count.
A #smartbettor's mantra: Always read the terms and conditions associated with any casino bonus to ensure you're fully informed about turnover conditions and game exclusions. This knowledge will help you make the most of your online casino experience and avoid any potential misunderstandings.