When looking at payouts at online bingo and casino platforms, you are likely to come across the term RTP. This stands for Return To Player. But what is it, and what does it mean? We have provided all of the important information surrounding RTP below.
RTP is the percentage of wagers paid out to those who win in a bingo game. This is how players can see which games are the most worthwhile for the potential to get the best returns.
Different games will all carry different RTPs. So if a game has an RTP of 95, this means that 95 of the money brought in by wagers is repaid to players, and 5% is retained by the site.
Several factors contribute to the RTP of an online bingo game. These include ticket prices, the number of tickets sold, the jackpot, and the payout structure.
Typically, 90-ball bingo games have a return to player of 80, while 75-ball bingo varies from 70-85.
RTP is one of the most significant factors in choosing where to play online bingo games. A high RTP is typically the most likely to be more profitable. We advise checking this before playing any bingo games so you can be realistic about what to expect.
While the return to player is a large part of a bingo game's payout, it is not the only factor involved.
Minimum Guaranteed Jackpot: This is the minimum prize that can be won with a full house, and it can grow depending on the price of the tickets and the number purchased.
Number of Tickets: The more bingo tickets that are purchased, the bigger the potential prizes.
Total Prizes: In addition to the main prize, smaller prizes may be available. The more smaller prizes, the less the main prize may be.
Progressive Jackpot: The jackpot grows larger the more tickets are bought. This can result in a smaller main prize pot as it takes some of the money spent on the game.
There are also a few other factors that can affect the amount you could win when playing online bingo. This includes: a cap on winnings, wagering requirements, and withdrawal limits.
Winning caps see bingo sites limit the amount you can win from a game. These are typically in place when playing for free via a bonus offer and will be stated in the terms and conditions.
Wagering requirements are the number of times you will need to wager your bonus funds before you can withdraw them as real money.
Withdrawal limits see sites put a limit on how much players can withdraw from their accounts. Check these before playing.
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We understand that gambling can be fun, but it’s important to gamble responsibly. If you are struggling with a gambling problem, please don’t hesitate to ask for help. Some people can help you get on the road to recovery.
Here are some resources that can help you:
National Gambling Helpline: 0808 8020 133
GamCare: https://www.gamcare.org.uk/
GambleAware: https://www.begambleaware.org/
FAQs: Understanding Bingo RTP