Why Casinos Let You Win
Hello and welcome to FIRST! In this video, we’ll discuss why online casinos allow losses for themselves and wins for players.
Before we begin, I’ve got to tell you about our very own RTP comparison page, our experts have put together the BEST RTP percentages for our affiliate games, and the best part? They’re all on one page. Easy! Make sure you check that out by clicking the link in the description below.
Right, let's dive into RTP.
What is RTP (Return to Player) in Gambling?
RTP, or Return to Player percentage in the event of a win, can be as high as one hundred percent, but it will vary for each player. If we’re talking about a million spins, some may win significant amounts, while others will win much less.
The RTP in licensed online casinos doesn’t change. All games for online casinos are developed by independent providers. Games are also tested by independent auditors, and their role is to test the Random Number Generator and confirm that everything is fair and most importantly… random.
Who Determines the RTP
If a casino attempts to interfere with testing, evaluation, and development, it risks losing its licence. So, the RTP value will remain locked in at whatever rate the game provider and casino agree on. The actual return percentage may vary for different players, especially in the long run.
So why do online casinos allow themselves to lose while players win? Well, you might be surprised, but it’s beneficial for online casinos to allow players to win.
You might be thinking… Why?
What is a good RTP for casino games?
Let’s start with the main point. The aim of a casino is to make the players happy. Online casinos are a business, and how bad a business would they be if their customers weren’t having a good time?
When a player wins money at an online casino, it's a fantastic advertisement for the casino itself. And what if the player wins a jackpot? That’s invaluable publicity for the casino.
Basically, online casinos are willing to lose to players so that they’re satisfied with the outcome and provide the casino with free advertising. It’s a win-win.
Online casinos also hold a mathematical advantage, but the business model is built on fair play, where every player has a chance for a real win.
Want to learn even more about what RTP means in casinos? Read all about it on FIRST right now.