What does the terms "Return to Player" and "Hit Frequency" mean?
RETURN to PLAYER (RTP).
The phrase "Return to Player" (RTP) is employed by casinos to describe the percentage of wagered cash that the machine, or VLT will pay to players over time. You might expect to make about $90 if you place 100 $1 bets in the machine with an RTP of 90 percent. Of course, both the house advantage and RTP are typically calculated over the long term. It is possible for anything to happen in the near-term (see Short Temporary Volatility and Long Term Predictability) Therefore, it's vital to only bet with money you're willing to risk.
RTP is the other side of house advantage, which you may have noticed. Winslots.org that has an advantage of 20% will have an average RTP of 80%. That means the machine will retain roughly 20% of money and return the rest to the players as they win.
Hit Frequency
Hit frequency refers to the amount of times a machine will stop when it finds a winning combination. Hit frequency of 8% implies that the machine will cease when it is able to hit a winning combination approximately 88% of the time. It is important to note that many VLTs and slots allow players to wager on multiple lines at once. The result is that, in a single spin a player could get several winning combinations, along with many losing combinations. For the player, it may appear that he's winning more frequently, but as is the case with all games, over time the losing combinations will be much more numerous than those that win.
The hit rate of Slot machines and VLTs could differ greatly. Certain slots come with the chance of winning as little as 3%, whereas other games, like video poker, have the hit probability of 45%. While the video poker hit frequency may sound appealing, remember that almost 50% of these "hits" are simply a return on his original bet. Although a machine that has 3 percent of a hit rate might not be appealing, it is likely to give players the chance of winning a huge jackpot. Machines with large progressive jackpots come with a lower hit rate however they have larger jackpots.
Low hit frequency games are usually viewed as being unwieldy by players due to the small wins. Games with high hit frequency can be perceived as loose due to very few wins.
Remember that the frequency of a hit is the average number of times that a winning combination is seen. "Return to player" is the amount or the percentage of money placed on the table that a machine will return over time.