If you’ve spent any time Browse online casinos, you’ve seen the acronym ‘RTP’ thrown around. It’s usually listed as a percentage in the game’s info sheet: 96.5%, 95.8%, 97.1%. We’re often told that a higher RTP is better, but what does that number really mean for you, the player, when you’re sitting there having a spin?
It’s one of the most important concepts in the world of pokies, but it’s also one of the most misunderstood. Thinking that a 96% RTP means you’ll get $96 back for every $100 you bet is a common mistake and a surefire way to get frustrated. Let’s break down what Return to Player actually is, how it works, and how you can use it to be a smarter punter.
Defining RTP: A Long-Term Theoretical Number
RTP stands for ‘Return to Player’. In the simplest terms, it is the percentage of all wagered money that a specific pokie is programmed to pay back to players over its entire lifespan. The two most important phrases there are “all wagered money” and “over its entire lifespan”.
The RTP is not a promise of what you will get back in a single session. It’s a long-term statistical calculation based on millions, or even billions, of spins. Think of it like the weather forecast. The Bureau of Meteorology might predict an average summer temperature of 28 degrees, but that doesn’t mean every single day will be 28 degrees. You’ll have scorching 40-degree days and cooler 22-degree days, but over the whole season, it averages out. RTP works the same way.
The Maths in Simple Terms and Busting the Biggest Myth
Let’s use an example. A pokie has an RTP of 96%. This means its ‘house edge’ is 4%. For every $1 million wagered on that game by thousands of players over a year, the game is designed to pay back approximately $960,000 in winnings and keep $40,000 for the casino.
This is where the myth comes in. It does not mean that if you personally bet $100, you are guaranteed to get $96 back. In your single session, anything can happen. You might bet $100 and walk away with $1,500. Or you might bet $100 and walk away with nothing. Your mate playing the same game might have the opposite experience. Both of your results, and the results of thousands of other players, all get thrown into the giant statistical pot that, over the long run, averages out to that 96% figure. Volatility determines these short-term swings, but RTP determines the game’s overall “fairness” over time.
So, What’s a “Good” RTP?
Now for the practical advice. While RTP doesn’t predict your session’s outcome, it’s still the best measure of a game’s value. A higher RTP means a lower house edge, which is always better for the player. Here’s a general guide:
- Below 94%: Pretty poor value. You can usually find better options.
- 94% – 95.99%: Average. This is a very common range for many online pokies. Perfectly fine to play.
- 96% – 96.99%: Good. This is considered a solid return, and many of the most popular games sit in this bracket.
- 97% and above: Excellent. Games with an RTP this high are fantastic value, though they can sometimes be lower in volatility.
You can almost always find the RTP listed in the game’s help files or paytable. Any reputable online casino ausy will make this information readily available for its games.
In conclusion, don’t look at RTP as a crystal ball for your next session. Instead, view it as a measure of a game’s generosity. By consistently choosing games with a higher RTP, you are making a smarter, more informed decision that gives you the best possible value for your entertainment dollar in the long run.