Slot machine RTP (also known as Return to Player) is a percentage that shows how much wagered money a casino game returns to players on average over a long period. This amount is usually calculated over millions of spins.
Example: If you have a slot with an RTP of 96%, which is the average for online slots, it means that for every $100 bet, the game will return $96 on average over time.
While knowing what RTP is in slots is useful, it does not point to guaranteed returns. That’s because the RTP is a mathematical average taken from millions of spins, and regular, shorter sessions can return less (a loss) or more (a profit) against the given RTP.
RTP vs Volatility
Slot machine RTP vs volatility explains why two slots with the same RTP can feel completely different to play and have different odds. A slot’s RTP focuses on the return potential of the game, but it offers nothing about how often the game pays out and how large the wins can be.
Some slots with a 96% RTP can feel brutal, while others can seem easy. That’s because the Return to Player is only a long-term forecast and does not really impact short-term sessions. Volatility is the metric that decides how the value of a game works.
Volatility shows the general risk of a slot. When you play low volatility games, you’ll get frequent smaller wins that help you to play for longer and control your budget. The alternative is high volatility slots that pay out less frequently but offer bigger wins when they do hit.
Practical tips:
Pick a slot with low volatility if you want more control over spending and longer sessions, and high volatility slots if you are hunting bigger wins and can handle losing streaks.
The expected value (EV) of a slot bet shows the average amount you’re expected to lose per spin and is calculated as EV = Bet × (1 − RTP). For instance, wagering $2 on a slot with a 95.5% RTP results in an expected loss of $0.09 per spin. Across 150 spins, that works out to roughly $13.50 in expected losses, reflecting a 4.5% house edge.