Post
Topic
Board Gambling
Re: Definion of online gambling
by
Don Pedro Dinero
on 04/12/2022, 04:57:57 UTC
I do agree that in the beginning we don't know what RTP is.
We just want to experience playing slot machines because it's one of the easiest game whether online or offline, very simple rules, you just have to know the pay line and then the minimum and maximum bet.

But still though even if you know RTP before hand, you are still going to play slots isn't it as again it is so addictive.

LMAO. Some of us have long known what the RTP is. There are people who study statistics, you know, and knowing about mathematics applied to gambling is as easy as looking it up on the internet. Knowing that a long-term loss is inexorable does not prevent you from gambling completely, but at least you are more aware of what you are doing.

I am still curious about RTP here, is there Return To Player?, if yes how does that RTP make you have chance to win?. Because RTP is the only size of the profit you can claim, that just as motivated and spirit, there is no chance. As I know each slot have own percentage RTP in average between 90 - 99%. So the greater percentage of RTG slot games, the bigger return you can claim.

Yes, it is return for the player. But it is important to emphasise that we are talking about long-term numbers. You can bet one slot play for $1 and win $1,000. But if the RTP is for example 95%, you are going to get 95 cents for every dollar returned, what happens is that this is true in the long term, and in the short term you can get very positive results such as the jackpot.