What is return to player?
Return to player, or RTP, is the total percentage of bets placed at the casino that’s paid back to players. Most online casinos feature an RTP of over 95%, which means they only keep around 5% of the bets placed as their profits. Now, while this may seem like a tiny percentage, if you think in terms of sheer numbers, the amounts paid out – and kept – by the casino are astonishingly large.
Why RTP is important to players
The RTP percentage can influence the amounts you win, as well as your chances of winning. The higher the RTP, the better that casino is for player wins. Remember, though, that RTP is an average over time, and that it doesn’t necessarily mean your individual chances are better. What it means is that, over time, players at that casino will enjoy more and higher wins, compared to some other casinos.
Online vs land-based casinos
Land-based casinos tend to have a considerably lower RTP than online casinos. There’s a good reason for this: an online casino doesn’t need anywhere near as much space to operate – a good server room will do – which means a whole lot less real estate to buy or rent.
There are significantly fewer employees, as you don’t need croupiers (except for live dealer games) or floor staff. Online casinos need just a small contingent of staff to manage the website and admin. So, with these lower operating costs, online casinos can afford to pay out significantly more to players.
Payout speed
It’s great to know whether a casino will give you a better chance at a win or not, but what about when you do win? How quickly and easily can the casino pay out? Some casinos will have different payout speeds, depending on the method of payment, so make sure to familiarise yourself with this information when seeking out a new online casino.
Payment methods
There are various payment methods that online casinos can use to pay out your winnings, including debit card, direct debit, EFT, and a variety of pay wallets. Some even allow Bitcoin payments, which means there is sure to be a way for any player to gamble.
How to choose an online casino
Payot percentage, speed and method are important factors when looking for a good online casino, for sure, but there’s a lot more to it. Take the time to read through terms and conditions, especially those on wagering. Have a look at game providers – you’re sure to have favourites – and game selection. Keep an eye out for welcome bonuses, ongoing promotions and tournaments, if these are your thing. Some casinos also offer loyalty programmes, which can get you prizes, cash, access to tournaments, free spins, and more.