Slots, for example, have an average RTP of 96%, meaning that their house edge is generally 4%. RTP determines the amount of money that casinos expect to pay out to all players based on how much they bet, and it’s the direct opposite of house edge. Gambling Wins: Expected Player Loss Explained (RTP & House Edge)Įvery casino game has an expected “return to player” percentage, otherwise known as RTP, which is calculated by software operators based on the algorithms used to operate their games. With that said, let’s take a look at how online casinos make money – and why they earn more than what they lose. Casino operators account for player winnings when setting up gambling sites, regardless of whether they are sites that accept crypto payments via wallets or traditional online casinos. In reality, online casinos can be even safer than physical gambling establishments, as players don’t need to expose themselves to real-world dangers and get paid directly into their preferred accounts.īear in mind that you can win money playing in legitimate online casinos. Many non-players believe them to be scams that aren’t as safe as land-based casinos.
However, they’re also businesses, which means that they expect to make money even after player winnings are paid.įrom an outsider’s perspective, it’s not easy to tell how online casinos operate. Online casinos are sites that you can visit to have fun and, with some luck, make a nice profit along the way.
