If a game has a high 99% rtp, then it means if you, for example, wager $100 in total over a long period of time, then you’re going to lose $1.
But how long is a long time? Is it the amount I wager in total, the number of games I play, or me playing the game for one month, year, or lifetime?
Also, if I constantly cash out earnings, does rtp still work?
In: 7
I think the explanations that include multiple infinits are no good ELI5 explanations.
I think its easier to understand if you think of it on a play to play basis.
If you play a game where you have 99% rtp and the game costs 1$ to play, you will win on average 0.99$ per game back. So on average, you will lose 0.01$ per game since you paid 1$ to play it.
Important is the term average here. Ofcourse you won’t lose 0.01$ when you lose in roulette, you lose it all. But if you play enough times and you average all your losses and winnings, you will find that per game you played, you lost 0.01$. The more you play the more accurate this will be and the random variation of the game will disappear
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