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HomeForumGeneral Gambling DiscussionDiscussion about article: Games of chance: RTP and variance

Discussion about article: Games of chance: RTP and variance

3 months ago by shokh0179
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1,504 views 13 replies |
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3 months ago

Great read! It covers fair play, RTP, and responsible gambling well. Many overlook bonus restrictions and how volatility affects short-term wins. Would love to see more on crypto casinos. Thanks for sharing

shokh0179
3 months ago

Hello, I'm glad you like our guide. That's what it's all about, to give players as much information as possible. Is RTP important to you for slots or other games and do you choose based on that? Do you play the ones that have more or less volatility?😀

3 months ago

We should take a look at the licenses of casinos and the fact that Curacao ones doesn't require to publish RTP in the slots, consider also a big difference in Pragmatic slots where casinos are just setting 94% RTP for Gates of Olympus, Big Bass "x" and other popular slots while honest casinos are applying the standard RTP of 96,5%. Be aware of that guys, its pure scam.

Ernestmus
3 months ago

Is it also in the Terms of the license itself that they don't have to show the RTP on the slots? That's probably something I would personally like to see if I played slots somewhere. So how do you know that some casinos have low RTP on pragmatic if you can't see it? Have you asked them?

Jaro
3 months ago

I will show you here 3 screenshots, 2 from casinos in Belgim and 1 under Curacao license; first of the screenshot you see is casino NapoleonGames.be - the second one is also a casino with Belgian license Starcasino.be and the RTP is correct: 96.5%. On the 3th screenshot you see as well Gates of Olympus but from Europa777.com operated by TriMat Gaming B.V. under the laws of Curaçao.


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Ernestmus
3 months ago

Hello, I guess this is what Jaro has been talking about. Some providers offer casinos a different set of RTPs so the casino can pick up their choice. Hence, it is always best not to rely on expected RTP, but check out the games just like you did.

94% is terrible RTP, and avoiding the value completely is not very convenient either, if I may voice my opinion.

Considering the game provider allows such picks, it is not about the correct RTP anymore.

Edited
3 months ago

​The worst thing one can encounter is the complete concealment of RTP. I came across this even in a Belgian casino. The slot Book of Dead does not display any RTP information in its slot details. I wrote to the casino for clarification. While I am not an expert in the field of licenses and laws that Belgian operators must comply with, it seems to me that this is rather illegal.​


filefile

2 months ago

A very useful article!  

Thank you, Casino Guru, for such a detailed and interesting piece. We believe it will be valuable for all players to read.  

We’ve actually been using the article pretty much every time a colleague of ours needs to know more about the RTP who isn’t typically a part of a team that deals with games. Saves up tons of time.


1 month ago

Casino slot

Automatic translation:
1 month ago

Jackpot city

1 month ago

Great article and thoughtful responses here. I think RTP and volatility are great tools for players to better understand what to expect, but at the end of the day, playing should still be about enjoyment. I like that many casinos are now more transparent about this info, helping people make informed choices. A good balance between fun and fairness goes a long way in building trust.

1 month ago

Hello. Excellent article, but there are a few clarifications. Why do you believe volatility cannot be expressed numerically? Why aren't you satisfied with standard deviation as a measure of volatility? For example, Thunderkick provider in their documentation indicates standard deviation as volatility, although the player cannot see this figure in the slot itself.

I believe that using words like 'high' or 'low' is manipulation. Let's also write about RTP that it's high and low, because

The RTP of slots is a bit more complicated. You can hit many various winning combinations and win many different multiples of your bet. Due to this, it's not that simple to describe slot RTP by one number, and game providers only use loose descriptions like "small", "medium", and "high" for their slot machines.
Variance of the game can also be described by the statistical distribution of winnings.

It's important to emphasize that this uses a specific numerical value, which can be used to accurately describe volatility rather than relying on subjective descriptors."

1 month ago

Hi! Great article. So, if you’re on a tight budget and want entertainment, go low variance. If you’re feeling brave and chasing those jackpot fireworks, high variance is your playground...just buckle up, it can be a bumpy ride!

2 weeks ago

Good info, thanks! Gonna try the roulette tactic at weiss bet👌

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