RTP means Return To Player. The higher the RTP percentage, the less the casino wins and the more you can win. To get the RTP from a slot machine is usually a minimum number of 60 spin times the advice. Because the slot machines with an RNG (Random Number Generator) work in virtually every spin the same chance. In practice you can only say something about a slot machine if you play a lot on it.
If you are at one online casino plays on a slot machine, it is important to choose a slot machine with a high payout percentage. After all, you want to have the best possible chance of beating the casino right? In practice, a slot machine with an RTP percentage of 95% means that if you do 100 spins of € 2, you will be left with € 190 and the casino € 10. You would think the higher the RTP percentage, the better the slot machine is.
That is not entirely correct, it is also about the volatility of the slot machine. After all, volatility determines when you have a big profit and how often. Volatility says something about the randomness of the game. Suppose you already have a big win of, say, € 10 within 2 spins at € 150 per spin, then you are left with € 130 in profit.
Suppose that the slot machine only gives a large profit after 50 spins, let's say a huge win, but the amount of € 300 that you win, you still have more profit, namely € 200. The last scenario is an example of a video slot with a high variance (high volatility).
RTP stands for Return To Player. This is the payout percentage of a slot machine. It is often the case that the RTP of online slots are higher than those of the real casino.
The payout percentage is the return that the player gets back. An RTP of 95% means that for every euro you play, you will get € 0.95 back.
The variance says something about the way in which prices are distributed. If relatively few prices fall, but the prices that fall are high, then you speak of a high variance. A low variance therefore means that there are many prices, but these prices are relatively lower.
It is actually a kind of risk indicator. If you don't like to take risks, you better play on a slot machine with a low variance. Do you like to take risks? Then a high variance slot machine is for you.The average payout percentage in a reliable casino is approximately 95%. But these can go up to 98% or even 99%. The higher the RTP is, the more you will eventually get back from your bet.A high variance is exciting and can be lucrative because of the high profits you can get. You may have to play more before you have a nice win. If you do not have enough money to play at least 60 spins or more on the slot machine, you better play a slot machine with a lower variance. The amounts you win are smaller but you win more often.