- How to calculate RTP values?
- Are there good and bad RTP values?
- Things to consider with RTP values
- 7x7Bets Casino games RTP values
How to calculate RTP values
Calculating the Return to Player (RTP) percentage is straightforward with the following formula:
(Total money returned to players) / (Total money bet by players) = RTP%
The calculation involves two main components: the total amount wagered by players, which accumulates from every initial wager placed within a specified period, typically a month, and the total returned to players, representing all winnings awarded in the same timeframe.
RTP is a concept widely recognized in slot games, but it's equally applicable across all casino offerings, including table games, live casino experiences, and virtual sports betting.
For players, understanding RTP can be simplified as knowing what portion of ₹100 (assuming a gaming context more familiar to an Indian audience) spent on a game would, on average, return to them. This concept directly contrasts the house edge, which indicates the casino's expected profit margin per game.
For example, if ₹150,000 were wagered during an RTP review, and players won ₹144,000 back, the RTP would be calculated as: 144,000150,000=0.96150,000144,000=0.96 This equates to an RTP of 96%, suggesting that for every ₹100 wagered, one could anticipate winning back ₹96 on average.
Players might also calculate their own RTP for a session. If ₹200 is bet and ₹168 is won, the session's RTP would be: 168200=0.84200168=0.84 Indicating an 84% RTP for that play session.
Are there good and bad RTP values?
RTP percentages can vary widely across different casinos and their games. Generally, physical casinos offer lower RTPs (around 80-90%) compared to their online counterparts, where RTPs often range from 90% to 97%.
Judging whether an RTP is 'good' or 'bad' depends on personal assessment and whether the value seems justified for wagering on that particular game.
At 7x7Bets Casino, we maintain transparency and credibility in our RTP values, which are verified independently by eCOGRA. For your convenience, the RTP percentages for our games are as follows:
7x7Bets Casino games RTP values
All games: 97.77% (₹97.77 return from ₹100 bets)
Slot games: 96.23% (₹96.23 return)
Table games: 97.70% (₹97.70 return)
Video poker games: 93.12% (₹93.12 return)
Live Casino: 98.27% (₹98.27 return)
Virtual games: 87.38% (₹87.38 return)
Games with RTPs of 100% or above are exceedingly rare, with some video poker variants occasionally exceeding this threshold.
Things to consider with RTP values
While RTP offers a useful gauge on potential returns, it's important to remember its role as a general guide rather than a precise predictor. Higher RTPs don't guarantee more frequent wins; a game with a 90% RTP doesn't assure you'll win ₹90 from every ₹100 bet.
In the realm of slot games, two other considerations, hit frequency and volatility, play crucial roles alongside RTP. Hit frequency indicates the likelihood of any given spin yielding a win, based on an average across numerous spins. Volatility, on the other hand, gauges the regularity and size of payouts and is usually classified as low, medium, or high.
Games with lower volatility are known for frequent but smaller wins, whereas high-volatility games offer larger payouts but less frequently. Thus, understanding a slot's volatility can provide deeper insight into the risk-reward ratio, influencing player strategy even with high RTP values. This balance is why games of medium volatility are often favored for their equilibrium between win frequency and payout sizes.
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