What is the RTP and How does it Affect Your Online Bingo Game? What You Need to Know |
Posted: August 9, 2016 |
There’s a concept that few bingo players may be aware of: Return to Player (or RTP, for short). Most people have never heard of it, and don’t really care – and who can blame them? Bingo is an exciting enough game without having to go into the mechanics and digging up terminology. Yet for the real bingo enthusiasts, RTP is important, and for good reason. In fact, it’s so important that some picky players will refuse to play if the RPT comes up short. But what exactly is RTP? And how does it affect your online bingo game? Here’s what you need to know. Return to Player Bingo websites and organisers of live bingo games have to be reimbursed for their expenses. If they are a company, they will also want some trouble for their labours. That’s why they get a certain cut from the total pot. The more players there are, the more cards they sell, the larger the pot – and that’s how they earn their money; by skimming a little from the top. From all income (all cards sold), the larger percentage goes back to the players – in the form of a jackpot, or prizes and bonuses for the participants. This percentage (how much the players can win) is termed Return to Player (RTP). Some sites offer 80%, others 70%, or the lower ones even 60%. Naturally, the higher the RTP, the better for the players (in general – not any specific player). Yes, it can be vague Often, websites don’t post their exact RTP, and add to that the many bonuses or extra prizes that they offer, so calculating or guessing the RTP is not always easy. In truth, it can be vague. However, there are some rules the organisers have to obey:
It’s still the best game of chance Picking your online bingo sites carefully and opting for games with higher RTP does mean you can get more value for your money if you win. But Lady Luck still decides. Return to Player - now you know the concept. But now you understand also why the term is important only to those who only want to gamble some serious money. The majority of bingo players do it for the entertainment value, after all – the prospect of winning a good prize just gives it that extra excitement. A little hint to making your winnings last: if you win, take your winnings and continue playing with your original budget. Above all: have fun. Lots of it.
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