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Important casino details you should know as a player

By Guardian Nigeria
05 December 2022   |   2:22 am
Getting into casino gaming is easy and fun without the need for prior knowledge of its specific factors.

Casino Online Gaming PHOTO:Getty Images

Getting into casino gaming is easy and fun without the need for prior knowledge of its specific factors. Just let luck roll the dice and reap the rewards after. However, knowing a few details can give you helpful insights for planning a bankroll management strategy.

There are only four elements you need to know about and each one is usually found at the description of every casino game as well as within the terms and conditions. You can look them up for more details because every gambling site will have different sets of rules for players.

What RTP means in every game
The most mentioned acronym you will see in casino games is RTP or ‘return to player’. It’s the rate of how much of your bets you stand to win back in a long gaming session. Every game provider indicates the theoretical RTP of each of their games between 80% to 98%. However, live records of occurrences of gaming can reach above 100%, indicating that the average player found huge success when playing the game.

RTP can also be tracked in practice and many gambling sites display it on the game. Most of the time, they’re in the description while other times you just need to hover your cursor over the thumbnail of the game. Bitcasino RTP can be shown by hovering over the ‘i’ symbol next to the game’s name as well as on the game descriptions. It tracks the rate for the last 24 hours, within the past week, and for the whole month.

Volatility levels in each title
Volatility rate is a little more arbitrary than the RTP. It’s only described as low, medium, high, and extreme in reference to the balance between risk and reward. The more likely you are to win less than 1:1 means the higher the maximum payout. Low volatility can be found in even money games like baccarat, roulette, and blackjack. High volatility is common among slot games, especially with jackpots.

Even money betting meaning
The previously mentioned ‘even money’ games mean you win 1:1 for every bet where you have a roughly 50-50 chance of winning. Roulette, as mentioned, is one of the most popular examples because it has many options for the player. Its 1:1 bets include any wager that covers 18 out of 36 numbers like 1st/2nd half, even/odds, and black/red. What makes even money bets popular is its consistency in win rate, allowing gamblers to form a safe bankroll strategy.

Difference between free bets and cash bonuses

Online casino bonuses come in various forms but the most popular rewards give you either free bets or cash bonuses. They both can be found in match deposits, loyalty programs, and giveaways but functions are fundamentally different. Both are extra money you bet on games to avoid spending your real balance.

However, if free bets win a 1:1 bet, you claim the profit but don’t win the free bet back. Cash bonus, on the other hand, can be claimed together with the payout.
It’s only removed from your balance once it’s depleted or when the bonus you opted for has expired. Both rewards are great means to ensure profit in any game even with low Bitcasino RTP. Having them is a great opportunity to win against the odds for a high payout.

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