kide
kide
Joined: Oct 7, 2021
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October 7th, 2021 at 7:29:14 AM permalink
Hello everyone,

I have a question regarding video slots RTP. Sorry if this was answered before, but couldn't find the exact example.

Lets say we have a online video slot, that pays out a huge win, not necessarily a jackpot, and the current RTP on this particular slot is above 100%. Does that mean that in the next timeframe slot will perform in casinos favour to catch up? Or it doesn't have any memory on previous wins, and just continues to play exactly as before, and it will catchvup eventually when it reach enough number of spins?

Thanks in advance for answering this, there is a huge bet involved!
CrystalMath
CrystalMath
Joined: May 10, 2011
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Mission146kide
October 7th, 2021 at 8:12:08 AM permalink
Weíve been hung before answering questions to resolve a bet, so Iím a bit wary of answering.

In general, no, they donít make adjustments. I have only worked with reputable companies in regulated jurisdictions, and they do not do this. Iíve never designed a game to do this nor have I ever been asked to design a game to do this.
I heart Crystal Math.
Mission146
Mission146
Joined: May 15, 2012
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Thanks for this post from:
kide
October 7th, 2021 at 8:13:52 AM permalink
Quote: kide

Hello everyone,

I have a question regarding video slots RTP. Sorry if this was answered before, but couldn't find the exact example.

Lets say we have a online video slot, that pays out a huge win, not necessarily a jackpot, and the current RTP on this particular slot is above 100%. Does that mean that in the next timeframe slot will perform in casinos favour to catch up? Or it doesn't have any memory on previous wins, and just continues to play exactly as before, and it will catchvup eventually when it reach enough number of spins?

Thanks in advance for answering this, there is a huge bet involved!

  • link to original post



    If the slot operates by RNG and is programmed fairly, then the slot's RTP percentage is a long-term expectation that it will grow increasingly closer to the more times that people play it. In other words, a huge win does not mean that you will lose more than expected shortly thereafter. It doesn't have to, "Balance out," in any particular amount of time and that is something that happens over the long run.

    Also, the slot has been played a lot more than you, personally, have played it. While that huge win significantly moved your average personal RTP on the machine, it probably did very very little to the actual percentage that the machine has paid out when you include everyone who has played it.

    For instance:

    Let's say that you had played $9,300 in bets before that and were down exactly $1,000. That means that your personal return on that game was $8,300, which is 89.247% (rounded) of the total of $9300 that you had bet. Imagine if, on your next spin, you get a return of $2,000. With that, you have been $9,305 in total bets for a total personal return of $10,300, which means 110.693% (rounded) in return for you.

    However, things have not changed so much for the slot machine. Imagine that it has a long-term theoretical RTP of 96% and has been returning a little short of that. Let's call it 95.8% for fun. We will also say that a total of $1,254,600 in bets had been made on the game before your last $5 bet, which means that the actual return to player had been $1,201,906.8 in that time. With that, you made your $5 bet that increased the total in bets to $1,254,605 and the actual return to player to $1,203,906.8 after you took your spin----the new overall RTP (actual) bringing the new actual RTP percentage to 95.959% (rounded).

    In our example, the machine is still a bit short of its theoretical long-term RTP even after your win.

    I hope that illustrates how this works. Whatever your win was, on a percentage basis, it meant a lot more to you than it did to the machine---unless you're the only one who has ever played that game.
    https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
    unJon
    unJon
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    kide
    October 7th, 2021 at 9:18:13 AM permalink
    The above answers are definitely correct for US. I thought there were some jurisdictions (maybe UK?) where slots do change RTP behavior based on past results. But I defer to others with more knowledge.
    The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
    kide
    kide
    Joined: Oct 7, 2021
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    October 7th, 2021 at 10:00:40 AM permalink
    Thanks to everyone on such quick replies, really appreciate it.

    @Mission146 just to clarify, i wasn't thinking about the win that would affect only a "personal" RTP, but a win that would actually shift a smalls casinos RTP. Lets say they only have a couple of players that play that slot on max bet, that player could make the RTP go above 100% with a huge win. I was wondering if the slot (assuming its regulated, Europe, MGA etc) would start to pay less just to balance out.
    CrystalMath
    CrystalMath
    Joined: May 10, 2011
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    October 7th, 2021 at 10:11:03 AM permalink
    Quote: unJon

    The above answers are definitely correct for US. I thought there were some jurisdictions (maybe UK?) where slots do change RTP behavior based on past results. But I defer to others with more knowledge.

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    There are Compensated games in the UK that do this type of balancing. They are allowed only on physical machines and have low limits, like a 2 pound bet and 500 pound win.
    I heart Crystal Math.
    AxelWolf
    AxelWolf
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    October 7th, 2021 at 5:29:51 PM permalink
    Quote: kide

    Hello everyone,

    I have a question regarding video slots RTP. Sorry if this was answered before, but couldn't find the exact example.

    Lets say we have a online video slot, that pays out a huge win, not necessarily a jackpot, and the current RTP on this particular slot is above 100%. Does that mean that in the next timeframe slot will perform in casinos favour to catch up? Or it doesn't have any memory on previous wins, and just continues to play exactly as before, and it will catchvup eventually when it reach enough number of spins?

    Thanks in advance for answering this, there is a huge bet involved!

  • link to original post

    Figure out if it is it a regulated or offshore online casino and go from there.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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