• Contact Us
SearchKarlo.com
  • Business
    • Automobile
    • Career/Job
    • Finance & Investment
    • Real Estate
    • Shopping
    • Insurance
  • Digital Marketing
    • Email Marketing
    • SEO
    • Social Media
  • Education
    • Astronomy
    • Engineering
    • Law
    • Programming
    • Art
  • Entertainment
    • Gaming
    • Movie
    • Sports
  • Lifestyle
    • Fashion
    • Fitness
    • Food & Nutrition
    • Health
    • Home Improvement
    • Pet
    • Relationship
    • Travel
    • Gift
  • Technology
    • Computer
    • Cryptocurrency
    • Design
    • Gadget
    • Mobile
    • Web
No Result
View All Result
  • Business
    • Automobile
    • Career/Job
    • Finance & Investment
    • Real Estate
    • Shopping
    • Insurance
  • Digital Marketing
    • Email Marketing
    • SEO
    • Social Media
  • Education
    • Astronomy
    • Engineering
    • Law
    • Programming
    • Art
  • Entertainment
    • Gaming
    • Movie
    • Sports
  • Lifestyle
    • Fashion
    • Fitness
    • Food & Nutrition
    • Health
    • Home Improvement
    • Pet
    • Relationship
    • Travel
    • Gift
  • Technology
    • Computer
    • Cryptocurrency
    • Design
    • Gadget
    • Mobile
    • Web
No Result
View All Result
SearchKarlo.com
No Result
View All Result
Home Entertainment Gaming

House Edge vs Slots RTP: Are they the Same?

Joyce Bragg by Joyce Bragg
September 15, 2021
in Gaming
0
0
SHARES
26
VIEWS
Share on FacebookShare on Twitter

Have you ever heard the words ‘house edge’ or ‘RTP percentage’ and wondered what they mean? Why are they talked about so frequently, and are they the same thing? These are very good questions, and we have got answers!

House Edge vs Slots RTP: Are they the Same?

We are going to be taking a deep dive into this topic so that you do not have to do the research. Why not try to read on about the house edge vs. slots RTP% and whether they are the same thing?

House Edge

Firstly, let’s take a look at the phrase ‘house edge’. You are most likely to hear about this when playing online casino games such as Blackjack, Roulette or Craps. Everybody knows that casino games are usually based on chance, but some people are misled into thinking that this means you have a 50% chance of winning. This is not the case – a perfect example of this is Roulette. You could bet on red or black, and this would theoretically be like flipping a coin, right? Wrong – the house (aka the casino) will always have a slightly increased change of winning, so your chances are very slightly less than 50%. Look at the following house edges:

  • The blackjack house edge is usually 0.5% but can be as high as 2%
  • The house edge in a game of craps is around 1.46%
  • The roulette house hedge is approximately 5.6%

Essentially this means that if you play a game of roulette and bet on red, the house has 5.6% increased chance of winning! This means that you are not going to win 1 in 2 games, but instead around 9 out of 20 games!

RTP %

Contrary to what many people believe, RTP% is not the same thing as a house edge. RTP% stands for Return to Player Percentage, and this essentially means the percentage of cash on average that will be returned to the player. Let’s take a look at the following RTP% examples:

  • NetEnt’s Mega Joker has a tasty RTP% of 99%!
  • The average RTP% of a standard slot game is around 97%
  • Some progressive slots such as Playtech’ X-Men have an RTP% as low as 90%!

It’s important to realize that just because a slot has an RTP% of 99%, that does not mean that you will always receive 99% of your cash back. If that were the case, slot machine games would be very low risk and the chances of walking away with a profit would be huge! For example, whilst Mega Joker has an average RTP% of 99%, the RTP can be as low as 72%! If you are not aware of this, you can walk away very disappointed so watch out!

The Verdict

There you have it – the house edge is not the same thing as RTP%. The house edge represents the increased odds that the casino has of beating you in casino games, whereas RTP% represents the average amount of cash that will be returned to the player in a slot game. Always investigate these statistics before you play casino games! Smart.

Previous Post

High RTP Slots to Play and Win

Next Post

Why Golf is a Great Business Platform

Joyce Bragg

Joyce Bragg

Joyce Bragg is a marketing advisor who has gained good experience in marketing communication, brand management, and digital marketing. Joyce loves writing and sharing blogs related to marketing and Media & public relation.

Next Post
Why Golf is a Great Business Platform

Why Golf is a Great Business Platform

Please login to join discussion

Recent News

7 Tips For Getting Rid Of Dandruff

7 Tips For Getting Rid Of Dandruff

January 25, 2023
How to Optimize Your Website for Better Search

How to Optimize Your Website for Better Search?

January 7, 2023
5 Ways Healthcare Providers Can Improve Patient-Provider Relationships

5 Ways Healthcare Providers Can Improve Patient-Provider Relationships

January 2, 2023
Jio Wifi Extender Vs. Tenda Wifi Extender

Jio Wifi Extender Vs. Tenda Wifi Extender

December 22, 2022
7 Best Online Sites to Make Money From Home in 2022

7 Best Online Sites to Make Money From Home in 2022

December 22, 2022
Common Ways to Improve the Education System for a Better Future

Common Ways to Improve the Education System for a Better Future

December 20, 2022
5 Ways To Advance Your Construction Career

5 Ways To Advance Your Construction Career

December 16, 2022
5 Tips For Successful Mobile App Development

5 Tips For Successful Mobile App Development

December 15, 2022
What To Do if You Were Involved in a Slip and Fall Accident While at a Job Site?

What To Do if You Were Involved in a Slip and Fall Accident While at a Job Site?

December 7, 2022
5 Best Ways to Help An Elderly Person With Dysphagia

5 Best Ways to Help An Elderly Person With Dysphagia

December 6, 2022
Tenants Facing Eviction Can Receive Affordable Legal Counsel

Tenants Facing Eviction Can Receive Affordable Legal Counsel

December 6, 2022
How to Make the Most of Mobile Devices for Business Use

How to Make the Most of Mobile Devices for Business Use

December 4, 2022
Stonewall Capital Review – Get the Best of Online Trading on This Platform

Stonewall Capital Review – Get the Best of Online Trading on This Platform

December 2, 2022
Our Top 10 Advantages of eLearning in Depth

Our Top 10 Advantages of eLearning in Depth

November 30, 2022

SearchKarlo.com team is providing you with all the latest updates, news. Our team shares information on various topics like business, education, entertainment, lifestyle, digital marketing, and technology. SearchKarlo.com team provides information blogs where you can easily read about your favourite topic. We regularly post new blogs to provide you latest content daily.

About us

Contact us at: [email protected]

Browse by Category

  • Art
  • Automobile
  • Business
  • Career/Job
  • Computer
  • Cryptocurrency
  • Design
  • Digital Marketing
  • Education
  • Email Marketing
  • Entertainment
  • Fashion
  • Finance & Investment
  • Fitness
  • Food & Nutrition
  • Gadget
  • Gaming
  • Gift
  • Health
  • Home Improvement
  • Insurance
  • Law
  • Lifestyle
  • Mobile
  • Movie
  • Other
  • Pet
  • Real Estate
  • Relationship
  • SEO
  • Shopping
  • Social Media
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • Web

Recent News

7 Tips For Getting Rid Of Dandruff

7 Tips For Getting Rid Of Dandruff

January 25, 2023
How to Optimize Your Website for Better Search

How to Optimize Your Website for Better Search?

January 7, 2023
5 Ways Healthcare Providers Can Improve Patient-Provider Relationships

5 Ways Healthcare Providers Can Improve Patient-Provider Relationships

January 2, 2023
No Result
View All Result
  • About Us
  • Contact Us
  • Home

© 2020 - SearchIT