Return to Player (RTP) and Hit Frequency: What Does These Mean?
RETURN TO the PLAYER (RTP).
Return to Player (RTP) is the term used by casinos to describe the amount of wagered money that a slot machine returns to players over the course of. For RTP % , if make a hundred $1 bets on a machine on which the RTP is 90%, you may expect to get back about $90 in wins. RTP as well as the house advantage can be calculated over a long time. It's possible for almost anything to occur in the short-term (see Short term volatility and Long Term Predictability), so it is crucial to only bet with money that you are willing to risk.
You may have observed that RTP is really just one side of the house advantage. If a machine has a 20 percentage advantage in house value, the average RTP will be 80 percent, which means that, over the course of time, the machine will take around 20% of the money bet and will return the remainder to players in wins.
Hit Frequency
Hit frequency is the frequency at which a machine will stop once it discovers a winning combo. Hit frequency of 8% means that the machine will stop when it has a winning combination , which is about 88% of the time. Don't forget that the majority of VLTs and slots offer players the ability to wager on multiple lines simultaneously. The result is that, on a single spin, players can win one or more winning combinations as well as numerous losing combinations. While it might appear that the player is winning more frequently than usual but the loss combinations in the course of time will be more.
Among slots and VLTs There can be a huge variations in the frequency of hits. Certain slots can have an odds of hitting as low as 3% whereas other games like video poker have a hit frequencies of almost 45 percent. Although the frequency of hits in video poker might sound attractive, keep in mind that almost half of these "hits" result in the player winning back his original bet. Even though a machine with 3 hits per percent may not sound appealing, it may allow players to win a huge jackpot. Large progressive jackpot machines come with a lower rate of hit, but larger jackpots.
Games with low hit frequency are usually perceived as being unwieldy by players due to the small wins. High frequency games can be perceived as loose due to many wins.
Keep in mind that "hit frequency" is the frequency at which (on average) the winning combination will be found. "Return to player" refers to the amount or what percentage of bets placed on a machine will be able to return over time.