What exactly does Return to Play (RTP), and Hit Frequency?
RETURN TO PLAYER (RTP)
The term "Return to Player" (RTP), is employed by casinos to refer to the amount of money wagered that a slot machine or VLT will pay out to players over the course of time. For example, if make a hundred dollar bet on a machine on which the RTP is 90%, you might expect to receive around $90 in wins. RTP and the house benefit can be determined over a period of time. It's entirely possible for nearly anything to happen in the near-term (see Short Term Volatility and Long Term Predictability) It is vital to only bet with money that you are willing to risk.
RTP is the other aspect of the house advantage as you might have observed. If a machine has a 20 percent house advantage, the average RTP will be about 80%, meaning that over time the machine will retain around 20% of the funds bet and will return the rest to players in wins.
Hit Frequency
Hit frequency is the amount of times a machine will stop once it finds a winning combination. Winslots.org of 8% means that the machine will stop when it has a winning combination , which is about 8% of the times. It is important to note that many slots and VLTs allow players to bet on multiple lines every spin. A player can get one three or more winning combinations on just one spin. There may also be several losing combinations. Although it may seem like a player is winning more frequently than usual, the number of losing combinations over time is far higher.
Among slots and VLTs there can be great variations in hit frequency. Certain slots have an odds of hitting as low as 3%, while other games, like video poker, have high hit rates of nearly 45%. While the hit rate of video poker may sound appealing be aware that nearly half of those "hits" result in the player winning back his original bet. A machine with the hit frequency of 3% could sound rather uninteresting, however, it could offer players a chance to win an enormous jackpot. (Machines that have large, progressive jackpots tend to have a lower frequency of hitting however, they offer bigger jackpots.)
Low hit frequency games are frequently viewed as tight by players because of the small wins. High-hit frequency games are often viewed as loose due to so few wins.
Keep in mind that "hit frequency" refers to how often a winning combination is likely to appear on an average. "Return to player" is the quantity or the percentage of money wagered a machine will return in the course of time.