It appears that most blackjack games are the same on the surface. Why is it that so few of these slots offer the same theoretical return to player (RTP), or return to a player percentage? There is a simple answer to this question. The RTP is changed in some way by every rule invoked by the casino. There is a possibility that it may go up by a hundredth of a percentile, or plummet by a full percent. The game is impacted differently by each rule.
This effect is well known to casinos (or rather, the manufacturers of the games they supply). Years have gone into finding the best way to give players the best entertaining experience – with the best rules that are friendly to players – while ensuring the casinos receive their guaranteed profit. In fact, some rules are so well hidden that most players don’t even know they exist, even when they’re playing games that enforce them.
What is Blackjack RTP and Why It’s Important?
Math plays an important role in every gambling game. At the end of the day, everything comes down to numbers. The house has a statistical advantage in casino games because they are carefully designed. Bets accepted versus bets paid out result in this advantage. Successful casinos pay out less than they receive in bets in the long run.
RTP – return to player – is the theoretical payout percentage. Bets in winnings are calculated based on the total turnover. Casino players know that there is always a chance of the RTP being less than 100% in a casino game. A casino that pays out more than it receives in wagers won’t survive.
House edge refers to the statistical advantage players have in blackjack odds. The long-term profit margin represents the casino’s profit on a particular gambling product. By subtracting the RTP from the turnover, the house edge can be calculated. In blackjack, for example, 99.00% RTP results in 1% house edge: 100% – 99% = 1%. As a general rule, the higher the house edge, the less likely you are to win.
Each aspect of blackjack is affected by blackjack RTP. On the Internet, the game can find in many variations with varying rules. When developing the game, the developers carefully considered all their options. It is for this reason that blackjack games have rules.
Impact of House Rules on Blackjack RTP
Blackjack tables can be set up according to more than three dozen rules. Blackjack may pay 3 to 2, 6 to 5, 7 to 5, or worse, 1 to 1, depending on the dealer’s strategy; dealers hit or stand on soft 17, blackjack may pay 3 to 2, 6 to 5, 7 to 5, or worse, 1 to 1.
A game’s Blackjack RTP will be higher if there are fewer decks in play. It is slightly better for the player when the dealer stands on soft 17 than when he hits – by just 0.22%. A natural blackjack’s payout should be as high as possible.
Detailed analysis of each blackjack house rule is provided in the chart below. These details will help you understand how variant game creators combine different rule sets to ensure the house always has an edge, no matter how big or small.
Relationship Between RTP and House Edge
The RTP versus the house edge should be clarified before we begin. RTP is the amount that a player can expect to win back over the long run from their total bets. It is the casino’s long-term expectation that it will win money from players. In many ways, they are polar opposites of one another. They should add up to 100% when combined.
In the example above, a house edge of 0.46% corresponds to an RTP of 99.54%. A total of 100 is obtained by multiplying 99.54 by 0.46. The blackjack strategy is based on finding a blackjack game with the lowest house edge, as well as the highest RTP.
Blackjack RTP And Rules
Let’s take a look at the real-world effect of blackjack RTP now that we’ve cleared up the definitions. According to our previous discussion, the rules of the gameplay a significant role in the house edge and RTP. Players benefit from some rules, while casinos benefit from others.
Blackjack’s RTP is kept below 100% by introducing and removing rules. So, software providers will select rules based on their own preferences to affect game odds. Blackjack payouts are influence by the following rules:
- Blackjack Hand Payout Ratio
- Number of Decks
- Double After Split
- Hit on Split Aces
The following section examines how these rules affect blackjack payouts. You will find that some are more important than others, but all will contribute to the overall RTP levels.