Mega Moolah RTP - What is it and what does it actually mean?
If there is any aspect of the Mega Moolah slot which tends to confuse people more-so than any other, then that will be the Mega Moolah Return to Player (RTP) percentage. In fact, the issue of RTP is one that extends beyond Mega Moolah and can be applied literally to any slot where this figure is known and published.
The confusion stems from people actually misunderstanding what the term Return to Player means and how that percentage is calculated and then how that percentage manifests itself in how the game plays and pays out its winning players.
So in this article, we are going to get to the bottom of the Mega Moolah RTP, what it actually is, what that means in terms of the game itself and then what it means in terms of the game that the player will experience when they deposit some cash at their chosen casino and decide to play through a few spins on the massive progressive jackpot slot.
First of all though, let us first get a clear definition of what the Return to Player percentage is.
What is RTP?
The Return to Player percentage of a slot is, in its most simplest form, the theoretical percentage of money that a slot pays out to players over the lifetime of the slot. There are two important aspects of that statement.
The first is 'theoretical' and by that we mean that while a slot may have a RTP listed as say, 95%, it does not mean that when the time comes to retire a slot, it will have paid out exactly 95% of the funds it brings in. However, the longer the period of time that the slot has played, then the closer to the 95% mark it should pay out.
The reason that it is unlikely to be an exact amount is that slots by their nature have a high degree of variance when it comes to paying out players. You can experience this yourself when you play a slot like Mega Moolah as some sessions, you will come out having made a profit, and others you will make a loss and on some, you may break even.
As such, while the RTP is an exact figure it is not a guaranteed figure due to how the slot is designed to play and pay out its winners.
The second aspect of the definition to bear in mind is the 'lifetime of the slot' aspect. One of the biggest mistakes people make with RTP is to assume that a slot with say a 90% RTP, means that if they wager £100, they should win back around £90 in cash.
This is fundamentally not the case.
A slot game offers a wide range of prizes from small cash prizes, up to larger jackpots. On some games, the difference between the two may be just small (say tens or hundreds of your chosen currency) or, as in the case of Mega Moolah, the jackpot can be worth millions, with the smaller prizes worth just a coin or two.
The difference between the biggest and lowest wins on any slot game means that if you get lucky playing a slot, then you can have an effective RTP of over 100% playing a slot, in that you win back more than you spend on it. Of course, these sessions, while welcome, are generally rare. You can go back to that same slot and then in your next session have an RTP of just 20% if you hit it at a time when the luck is not with you.
Such huge swings are not uncommon in slots gaming and as such, players should not expect their sessions to follow what the RTP suggests. For example, if you have 10 sessions spending £10 on a slot and in the first nine, you spend £90 but win back just £9, then your RTP is just 10%. However, if in the 10th session, you win a prize of £100 for your £10 spend, then over the course of the ten sessions, your RTP is 109% as you have made a £9 profit overall. However, before that, your effective RTP on that slot was just 10%.
If that can happen on slot games with relatively small differences between the lower value wins and top jackpot wins, on a game like Mega Moolah, where the difference is absolutely huge, then such swings in effective RTP on a slot are more common. You may have sessions when you play Mega Moolah where you win virtually nothing, on another you may win a considerable sum. Get really lucky, and you can hit an RTP of a previously unimaginable amount if you git the Mega jackpot prize.
In terms of how a player experiences RTP, the percentage figure shown is not indicative of how the game will play. It is only to be used as a guideline over the lifetime of the slot, which is billions and billions of spins. Once you understand that, then RTP makes much more sense to players and your expectations are adjusted to a far more realistic level.
What is Mega Moolah's RTP?
It may sound strange, but the Mega Moolah slot actually has two different RTP values. If you take just the Mega Moolah base game (as most RTP values do for the game), then the RTP value is 88.12%. That sounds low compared to some slots, but it has to be that way.
Why is that? Well because your spending in the base game needs to cover not just the base game winnings and the casinos small profit, but also contribute a small amount to the progressive jackpots that the game has available.
To account for that Microgaming had to adjust the RTP downwards to allow the game to offer such attractive progressive jackpot prizes.
However, that RTP value of 88.12% for the base game increases to 96.98% when you add into that the winnings paid out to players that land the four different progressive jackpot prizes.
How will Mega Moolah's RTP affect how the game plays for me?
In short, it doesn't. Mega Moolah will play the same for every player in that each spin you have, you will have the same chance of winning a cash prize as any other player playing for the same amount of money, which includes of course triggering the Jackpot Bonus Game (assuming you make the minimum bet of 0.25).
You will then find Mega Moolah plays like any other slot. Some days you will be lucky and win, other times you will come out of a session the loser. But what Mega Moolah offers that is different to other slots is the chance to win a life-changing, million-plus (often multi-million) progressive jackpot prize, all for a single 0.25 minimum bet spin.
It is that, more than any other aspect of the slot, including its RTP, that makes Mega Moolah such a great and enjoyable game to play.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.
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