Return to Player (RTP) and Hit Frequency: What Do These Mean?
RETURN to the PLAYER (RTP)
Return to Player (RTP) is the term casinos use to define the percentage of wagered funds a VLT or slot machine pays back to players over time. Winslots.org is possible to earn approximately $90 if you make 100 $1 wagers on a machine that has a RTP of 90 percent. The two factors, RTP and house advantage are usually calculated over the long term. It is possible for anything to happen 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 lose.
RTP is the other aspect of the house advantage as you could have noticed. If the machine has a 20 percent house advantage, the average RTP will be 80%, meaning that over time the machine will hold around 20% of the money bet , and return the remainder to players when they win.
Hit Frequency
Hit frequency is the term casinos use to describe the frequency at which machines stop once they have an winning combination. If the machine's average hit frequency is 8.8, it means that it will stop when it hits the winning combination around 8percent of the time. You should also know that VLTs, along with many slot machines allow players to put multiple bets at the beginning of each spin. The result is that, during a single spin players can win one or more winning combinations, as well as several losing combinations. For the player, it could appear that he's winning more often, but as always, over time the losing combinations will be much more numerous than those that win.
There can be a wide variation in hit frequencies between VLTs and slots. While some slots might have a hit percentage of just 3%, other slots like video poker might have a rate that is close to 45%. While the high frequency of hits in video poker might sound appealing, bear in mind that almost half of these "hits" are just a return on his original wager. A machine that has the hit frequency of 3% may sound very unappealing, but it likely offers players a chance to win a very large jackpot. (Machines that have large progressive jackpots usually have a lower hit frequency however they can offer higher jackpots.)
Games with low hit frequencies are frequently regarded by players as "tight" because the wins can be so far apart, while games with frequent hits are often perceived to be "loose" because they have so many small wins.
Remember that "hit frequency" refers to how often a winning combination will appear in the average. "Return to the player" is the quantity or what percentage of all bets placed on a machine will be able to return over the course of.