Notes

Return To Player (RTP) and Hit Frequency: What Does These Define?


What is Return to Player (RTP) and Hit Frequency mean?



RETURN to the PLAYER (RTP)


The term "Return to Player" (RTP), is used by casinos to refer to the percentage of wagered cash that a slot machine or VLT will pay out to players over the course of time. One could anticipate to win approximately $90 if you make 100 $1 wagers on an machine with an RTP of 90 percent. However, both the house advantage and RTP are typically calculated over the longer term. It's possible for anything to occur in the short term (see Short Term Volatility and Long Predictability) Therefore, you should only ever bet with money you're prepared to lose.






RTP is actually the opposite of house advantage. A machine with an advantage of 20% in house will be able to achieve an RTP average of 80%. That means it will get 20 percent of the money that it wagers and will return the rest of 80 percent to the players via wins.






Hit Frequency


Hit frequency refers to the number of times a machine will stop when it comes across a winning combination. Hit frequency of 8 percent means that the machine will cease when it has the winning combination about 88% of the time. It is important to note that the majority of VLTs and slots offer players the ability to wager on multiple lines simultaneously. It means that players can win one or more winning combinations and numerous losing combinations on a single spin. To the player, it might appear as if he's winning more often, but as always it is the case that over time, losing combinations will far outnumber the winning ones.






The frequency of hit for VLTs and slot machines may differ significantly. Certain slots have a hit probability as low as 3%, while other games such as video poker have high hit rates of nearly 45%. Although the video poker hit frequency might sound appealing, bear in mind that almost 50% of the "hits" are just the result of a wager. While a machine with a 3 percent hit frequency may not seem appealing, it's likely to offer players the chance of winning a huge jackpot. ( return to player % that offer large progressive jackpots are likely to have lower hit rates however, they offer bigger jackpots.)






The players often view games with lower hit frequency as tight due to the fact that they are more challenging to win. Games that have high frequency of hits are viewed as more loose because they're able to win a lot of small wins.






Keep in mind that "hit frequency" is how frequently the winning combination will be seen on an average. "Return to player" is how much or what percentage of the total amount placed on the table that a machine will bring back over time.


Website: https://www.winslots.org/learning/return-to-player-rate