seleme
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June 09, 2023, 09:34:43 PM Last edit: June 12, 2023, 09:51:39 PM by seleme |
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Live RTP? How do they measure it? As far as I know, there is no concrete website shows live RTP to check slots and find the hot slots to play. Maybe some online casinos provide the info about it but my guess is it is mostly covered by website turnover since it can't fully show the whole RTP on the same provider. Maybe gathering all data can be done with API connections but it looks too futuristic, I doubt the casinos will merge statistics to provide this info for regular users.
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Baofeng
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June 09, 2023, 11:33:19 PM |
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Cold or Hot machine? This is just gambler's fallacy.
As far as RTP, test case should be in million or even billion spins. And as what other says, slot machine whether you have to look at the RTP or not is based on luck. So should be playing at the right time and pushing the button at the exact moment to be able to hit that biggest jackpot that the money has regardless on what is your bet.
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ethereumhunter
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June 10, 2023, 10:32:02 AM |
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Since slot games are luck-based, I don't think RTP can get us any wins, even big ones. I guess we can get big wins in slot games with low RTP; it just depends on how good our luck is. So instead of thinking about RTP, which doesn't guarantee big wins, it's better to enjoy slot games.
So I guess no strategy can work unless I have some luck. Maybe some people have successfully used one strategy or several to get a big fortune from a slot game with a high RTP.
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swogerino
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June 10, 2023, 11:42:18 AM |
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Got curious about the title? So am I! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I recently discovered the live RTP feature on the casino I'm playing right now. It shows data on the actual RTP of the game in a certain time frame. This shows what slot is paying the most and slot that doesn't pay at all. RTP(Return to Player) - is a term used in gambling and online games to refer to the percentage or prizes that will be returned to a player depending on funds deposited during the game initially. Return to Player is one of the ways to attract players. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F06%2F09%2FAmAAq.png&t=665&c=vQbDCJqn4PfwaQ) (Screenshot from Bitcasino.io) I'm still in the discovery phase of this feature and I don't know exactly what's the best working strategy. Some users said that it's good to use a hot slot or high live RTP because it's consistent in giving payout but other users use a cold slot or low live RTP for a chance to win a huge multiplier since a slot machine that recently pays huge amount is very rare to payout again some huge amount on short period of time. What strategy you are using related to live RTP? I know that Sportsbet used to have it as an option but other casinos where I play do not have such option so we are in the dark as to know if the slot has been paying so far or not.It can help up to a certain point as when you see 24 hours RTP over 130% means that the slot is in paying mode but we don't know how long it will continue while when we see RTP 69% in 24 hours it means it is not a good time to play but who knows,since the slot has taken quite some money can also be prone to let that max win hit the reels when we play,so both ways contain risks and in the end it is just like playing a slot which we don't know the real live RTP,so can't help much knowing the slot RTP as the slots are programmed in a certain way that each spin in theory is completely independent of each other.
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AbuBhakar (OP)
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June 10, 2023, 12:36:25 PM |
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I don't think that players though are going to look at RTP. I must admit that in the beginning, before I played slots on online crypto based platforms, I don't know about it. However, even if I understand what RTP is, I just played on slot machines that I enjoyed and wanted to test. So for that is the key, just enjoy the game whether the machine is defined as high volatility.
Just remember that this is pure luck base game, so whatever the RTP is, if lady luck smile on you on your first spin then you might hit the bonus round or give you a good payout.
RTP is vital if you are playing long term. If the slot game have a difference of 1% to 2% while you invest a lot of bankroll already, this percentage is will be significant amount if you think about long term. You are describing the winning chance per spin but RTP determines the rate of return on playing the specific slot games long term. RTP is indeed useless if you will just play few spin then leave but it’s a huge impact if you are playing thousand or more spins with high bet amount. I know that Sportsbet used to have it as an option but other casinos where I play do not have such option so we are in the dark as to know if the slot has been paying so far or not.It can help up to a certain point as when you see 24 hours RTP over 130% means that the slot is in paying mode but we don't know how long it will continue while when we see RTP 69% in 24 hours it means it is not a good time to play but who knows,since the slot has taken quite some money can also be prone to let that max win hit the reels when we play,so both ways contain risks and in the end it is just like playing a slot which we don't know the real live RTP,so can't help much knowing the slot RTP as the slots are programmed in a certain way that each spin in theory is completely independent of each other.
I only saw this feature on Sportbet, Livecasino and Bitcasino because they are all sisters company. Cold or Hot machine? This is just gambler's fallacy.
As far as RTP, test case should be in million or even billion spins. And as what other says, slot machine whether you have to look at the RTP or not is based on luck. So should be playing at the right time and pushing the button at the exact moment to be able to hit that biggest jackpot that the money has regardless on what is your bet.
I knew this exactly, Slot players have strategy on this and that’s what I’m asking and not an explanation on how it works though. I’m hoping for a reply more on strategy discussion because there’s a thread dedicated for slot RTP discussion.
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Sterbens
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June 10, 2023, 02:55:50 PM |
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Since slot games are luck-based, I don't think RTP can get us any wins, even big ones. I guess we can get big wins in slot games with low RTP; it just depends on how good our luck is. So instead of thinking about RTP, which doesn't guarantee big wins, it's better to enjoy slot games.
So I guess no strategy can work unless I have some luck. Maybe some people have successfully used one strategy or several to get a big fortune from a slot game with a high RTP.
Why do casinos provide RTP? The goal is simply to provide a higher level of confidence for the players, and that will make them more enthusiastic about playing. In fact, it will not really affect your chances of winning. But in my experience, sometimes there is also an RTP that affects the course of the game we play. Apart from that, it's true as you said, that gambling is still gambling, there isn't any strategy that can be used, it's just about luck where you will win when luck comes.
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dothebeats
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June 10, 2023, 03:04:20 PM |
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For hot slots, it pays frequently because a lot of people are constantly playing on it, thus the deposits keep on rolling and the winners keep on coming, whereas in cold slots, it takes some time for RTP to build up because very few people are playing on it. That's just it, no more overcomplication of what's really happening in the sidelines, and since some casinos do post the live RTP, people will go where the wins keep on trickling albeit being very far in-between compared to something that requires an insane amount of lock.
It's obvious where people will come to. I'd queue in a line that constantly moves compared to a line that takes an hour or so for 1 person to win.
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decodx
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June 10, 2023, 04:05:17 PM |
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Cold or hot, it really doesn't matter when it comes to slot machines, especially in an online casino. The notion of a machine being "hot" or "cold" is nothing more than a gambler's fallacy.
Slot machines operate based on random number generation (RNG), which ensures that each spin is independent from previous spins. Whether a slot machine has been paying out frequently (hot) or not (cold) has no impact on the outcome of future spins. Believing that a machine is due for a payout or avoiding a machine because it's been paying out frequently is simply a misconception that can lead gamblers to believe they can predict or manipulate the results.
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summonerrk
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June 10, 2023, 06:29:54 PM |
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~~~
The factor of how often the slot machine gives out winnings certainly plays a role in deciding whether to make a choice in favor of this or another slot machine. When I was at university, I often went to clubs. Sometimes they were clubs with slot machines. The bartender was next to them and he knew perfectly well which machine had recently won the prize. And which one hasn't spat out coins for a long time. In fact, he knew how you write, the degree of heating of the machine. And I heard that for a certain fee, they told visitors which machines have a higher chance now.
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qwertyup23
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June 10, 2023, 06:58:18 PM |
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This is actually the first time that I have encountered the term "RTP" where it shows in-game data of the percentage of the returns of a player in a given gambling slot game. Generally, this kind of implementation runs against the mandate of gambling companies as it shows the best possible game to win with higher returns. If what they advertise is indeed true, then there is no reason to choose any other slot games other than slots that have high percentage of RTP.
Though this may be the case, there is a reason on why gambling companies post this in the first place. They probably calculated the data and amount of winnings they can potentially receive in this given scenario. Obviously, they will not post any data that will give the players edge but I still have some doubts as to the actual percentage of it.
Personally, I would try it- perhaps maybe invest a couple of $50-$100 worth of cryptocurrencies just to test out the system.
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madnessteat
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June 10, 2023, 07:10:11 PM |
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As I understand the current gambling market is very competitive, so virtually in all the slots RTP ratio will be approximately the same ~ 95-98% and as I think it floats, because in gambling, a lot depends on luck, and it in turn changes this coefficient.
I remember a while ago I was looking for slots with a higher RTP, but then realized that this makes no sense and played slots that I liked, because it makes no difference I play 5-10 minutes longer or not.
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rahmad2nd
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June 10, 2023, 09:27:03 PM |
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At least this feature can be a reference for connoisseurs of slot games, I've tried experimenting from several different sites. however, I experimented from our local casino. some work, some don't. so far, I haven't tried it in a crypto casino. but in general, I think this is quite helpful for gamblers to determine the choices they will play. as you said in this thread, I experimented trying both. neither direct high RTP, nor direct low RTP. point is, there is a difference.
Referring as you said, some users say that its good to use hot slot or high direct RTP. and the results, are exactly what some users have said. but still that if you play in the long term, the result is not profitable. conversely, I've also experimented with low direct RTP. if we win we are unlucky, in a short time we will experience a quick defeat. can also, provide a large enough reward. At least, that's how it is based on my experience. the point is still that luck plays a very high role when we play slot machine games.
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seleme
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June 10, 2023, 09:29:28 PM |
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As I understand the current gambling market is very competitive, so virtually in all the slots RTP ratio will be approximately the same ~ 95-98% and as I think it floats, because in gambling, a lot depends on luck, and it in turn changes this coefficient.
I remember a while ago I was looking for slots with a higher RTP, but then realized that this makes no sense and played slots that I liked, because it makes no difference I play 5-10 minutes longer or not.
5-10 minutes per slot or overall your daily gambling dose? Live RTP is a great tool for a specific websites since you can't get all data across all gambling websites. Some crypto casinos offer live RTP tools to give a clue if the slot is in a cold or hot period, IMO.
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Saint-loup
Legendary
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June 10, 2023, 09:49:03 PM |
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Got curious about the title? So am I! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I recently discovered the live RTP feature on the casino I'm playing right now. It shows data on the actual RTP of the game in a certain time frame. This shows what slot is paying the most and slot that doesn't pay at all. RTP(Return to Player) - is a term used in gambling and online games to refer to the percentage or prizes that will be returned to a player depending on funds deposited during the game initially. Return to Player is one of the ways to attract players. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F06%2F09%2FAmAAq.png&t=665&c=vQbDCJqn4PfwaQ) (Screenshot from Bitcasino.io) I'm still in the discovery phase of this feature and I don't know exactly what's the best working strategy. Some users said that it's good to use a hot slot or high live RTP because it's consistent in giving payout but other users use a cold slot or low live RTP for a chance to win a huge multiplier since a slot machine that recently pays huge amount is very rare to payout again some huge amount on short period of time. What strategy you are using related to live RTP? To be honest I don't always trust the RTP shown by the games because it's very theoretical and we don't know if it has been checked by an independent third party organization, especially a reliable one, and how they have checked it and certifying it. So I prefer gambling at slots getting a high live RTP, because those games have less chances of being "rigged" or displaying a wrong/fake RTP.
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ethereumhunter
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June 11, 2023, 03:21:20 AM |
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Since slot games are luck-based, I don't think RTP can get us any wins, even big ones. I guess we can get big wins in slot games with low RTP; it just depends on how good our luck is. So instead of thinking about RTP, which doesn't guarantee big wins, it's better to enjoy slot games.
So I guess no strategy can work unless I have some luck. Maybe some people have successfully used one strategy or several to get a big fortune from a slot game with a high RTP.
Why do casinos provide RTP? The goal is simply to provide a higher level of confidence for the players, and that will make them more enthusiastic about playing. In fact, it will not really affect your chances of winning. But in my experience, sometimes there is also an RTP that affects the course of the game we play. Apart from that, it's true as you said, that gambling is still gambling, there isn't any strategy that can be used, it's just about luck where you will win when luck comes. If you ask, the reason is that casinos want to attract the attention of many gamblers to try playing slots with high RTP and give gamblers the temptation to play gambling. And this will attract gamblers even more when casinos combine it with promotions with certain conditions so that many gamblers want to try their luck. The chances of winning will probably be the same but the chances of losing are still there and maybe bigger than the wins. And that's gambling so we have to manage it.
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darewaller
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June 14, 2023, 12:22:45 PM |
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Since slot games are luck-based, I don't think RTP can get us any wins, even big ones. I guess we can get big wins in slot games with low RTP; it just depends on how good our luck is. So instead of thinking about RTP, which doesn't guarantee big wins, it's better to enjoy slot games.
So I guess no strategy can work unless I have some luck. Maybe some people have successfully used one strategy or several to get a big fortune from a slot game with a high RTP.
It's not RTP is the one that give us a win but it was our luck. RTP is only like an odds of the game. Each slot game has their own RTP and I think the higher the RTP the higher the chance that a slot player can win but again, we must understand that what we are playing is gambling. Which means there is still a chance to lose. In low RTP games, the chance to win might be lower but the catch is that our winnings will be much better than the other. I prefer to play this one. Even if I lose, it was still fine, at least I tried. Slots are luck-based games which means no strategy can work here. It's only funny that there are lots of slots videos that I see who said that they apply a working trick and viewers/commenters are also amazed lol.
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Gozie51
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June 14, 2023, 01:18:58 PM |
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I remember a while ago I was looking for slots with a higher RTP, but then realized that this makes no sense and played slots that I liked, because it makes no difference I play 5-10 minutes longer or not.
Don't look no more because RTP is just like a feature in the casino to show you your chances of winning but in actual sense it will not contribute to your winning. It is just like every other features that will tempt you to play including bonus that you will later lose because casinos are designed so that you won't have plenty advantage to win over house . So play and rely on your luck while you enjoy your gambling.
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Beparanf
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June 14, 2023, 01:48:47 PM |
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I remember a while ago I was looking for slots with a higher RTP, but then realized that this makes no sense and played slots that I liked, because it makes no difference I play 5-10 minutes longer or not.
Don't look no more because RTP is just like a feature in the casino to show you your chances of winning but in actual sense it will not contribute to your winning. It is just like every other features that will tempt you to play including bonus that you will later lose because casinos are designed so that you won't have plenty advantage to win over house . So play and rely on your luck while you enjoy your gambling. RTP is very important factor on slot games it’s the percentage of the casino cuts on your bet. It’s just almost useless if you are just a casual gambler that doesn’t spend much money on your slot games since RTP will not work that way. You can only feel the importance of RTP if you are betting thousands of dollars or more because that percentage difference on RTP is already huge when you wager a lot.
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panjul07
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June 14, 2023, 02:52:08 PM |
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What strategy you are using related to live RTP?
I think I have answered you about this thing in other thread some time ago but let me repeat it here. My strategy is simple, first of all I need to decide which slots to play, at least I have 1-3 slots to play. Check the RTP of this slot in the Live RTP for few minuted (5-10minutes) to see the live RTP is going up or going down. Even if the live RTP show that the RTP is under the default RTP but if it is going up when I check it, I'll play it but not with big amount. On the other side, if live RTP shows really high RTP 2-3x the normal default RTP but it is going down consistently then I'll skip the game.
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