Naturally, the higher the house edge, the lower your odds. For example, a blackjack game with 99.00% RTP will have: 100% – 99% = 1% house edge. The house edge is calculated by subtracting the RTP value from the total turnover. It represents the casino’s long-term profit margin on a particular gambling product. The statistical advantage in the blackjack odds is called the house edge among players. A casino that pays out more than it receives in wagers will not last long. Experienced players will know that a casino game’s RTP is always less than 100%, and this is by design. It indicates the share of bets paid out as winnings from the complete turnover. The theoretical payout percentage is called RTP – return to player. In short, a successful casino will pay out less than it receives in bets over the long term. This advantage is realised in the ratio of accepted bets to paid-out wagers. Casino games are carefully crafted to guarantee the house a statistical advantage. Ultimately, it all falls down to a bunch of numbers. What is Blackjack RTP and Why It’s Importantīehind every gambling game lies a whole set of complex math.
