RTP at Crypto Casinos Vs Online Casinos

The rise of crypto casinos has given players a choice when it comes to gambling online. You now have the option to play at a regular online casino or a crypto based casino. There are several differences between the two types of online casino, including regulation, payment transactions, and provably fair algorithms. However, one area of the comparison between crypto casinos and online casinos that often gets overlooked is RTP.

What is RTP?

Before we look more closely at the difference between RTP at crypto casinos and online casinos, you must understand what RTP means. RTP stands for Return to Player and taking slot games as an example, each slot will have its own RTP. Every online casino, regardless of whether it is a crypto casino or online casino, should show the RTP of every game. For slots, the RTP is usually in the high 90s, such as 95%. If a slot game has an RTP of 95%, it means that if you deposit $100 at the casino and use it to spin the slots 100 times at $1 per spin, you will finish with $95.

However, despite this being true, the RTP is often calculated on thousands, if not millions of spins of the slot game. What you experience when playing with 100 spins, could easily be different. It is important to consider variance alongside RTP when playing casino games. The fact every casino game has variance is what makes it so exciting and a single $1 stake on a slot game could lead to a $100,000 win. However, you could spin the reels of the slot 50 times, spending $50 and not win a dollar. So, even if you choose to play a slot game with a 98% RTP, thanks to variance, you could win big with just a few spins of the reels but you could also win nothing having spent a lot of time and money. That is why setting a bankroll is important when gambling online and you should only spend what you can afford to lose, even when using high RTP slots.

The RTP Statistics

When assessing the RTP at crypto casino and online casinos, there is little to choose between the two. There are many slot games that are available with a 97% or higher RTP at both crypto based and regular online casinos. As discussed above, you can check the RTP of a casino game at crypto and online casinos before you decide if you want to play. You can even play a demo version of the game and spin as many times as you like, keeping a record of the data yourself. So, the onus is on you to look at the RTP of games before you play them and you will even find some games with a 98% or even 99% RTP at crypto casino and online casinos. So, based on the RTP figure alone, we can conclude that the casinos are equal.

Transparency and In House Games

One of the major differences between crypto casinos and online casinos is transparency. As crypto casinos and games are based on the blockchain, it means you can verify the fairness of a game. If a slot game comes with a 98% RTP, you can ensure this is really the case before you begin playing for real money. Provably fair games is one of the main benefits of using a crypto casino.

A crypto casino may have more games available with a higher RTP because they develop their own games. Many online casinos use games created by other developers and this can prove expensive, meaning more games with lower RTP. When crypto casinos create their own games, they do not have to pay operators a percentage of the player’s stakes and this can mean more games with higher RTP percentages. Online casinos often must pay a percentage of the money spent on games at their casino to the developer of the game, which can result in lower RTPs on games. The casino needs to make money and by having a lot of high RTP games, they increase their chances of having to pay out. Keep this in mind when deciding where to play casino games with a high RTP, you might find there is a better selection at crypto casinos.