Return To Player (RTP) And Hit Frequency: What Do These Signify?
What do Return to Player (RTP) and Hit Frequency mean?
RETURN TO PLAYER
The term "Return to Player" (RTP), is employed by casinos to denote the percentage of wagered money that the machine, or VLT will pay to players over the course of time. If, for instance, you make a hundred $1 bets on a slot machine where the RTP is 90%, you can anticipate to win around $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) It is important that you only bet with money you are willing to lose.
RTP is the other aspect of house advantage, as you might have noticed. If a machine has a 20 percentage advantage in house value, the average RTP will be about 80 percent, which means that, over the course of time, the machine will hold around 20% of the money placed on the table and return the other 80% to players in wins.
Hit Frequency
Hit frequency is the name used by casinos to indicate the frequency at which a machine ceases to function when it is hit by an winning combination. For example, if the machine is able to hit a frequency of 8percent, that means that the machine stops when it comes to a winning combination around 8percent of the time. It's important to remember that many slot machines and VLTs permit players to place bets on several lines on every spin. That means that a player could win one or more winning combinations and several losing combinations in one spin. Even though it appears as an individual is winning more often than usual, the number of losing combinations over time will be far more.
The hit rate of slots and VLTs can vary greatly. Some slots come with a hit frequency as low as 3% however other games, such as video poker, have a hit frequency of almost 45 percent. More details for video poker might sound very appealing however, remember that in nearly half of those "hits," the player simply wins back the original bet. While a machine with 3 percent of a hit rate may not sound appealing, it's most likely to give players the chance of winning a huge jackpot. Machines that have large progressive jackpots are less frequent in hitting however, they offer larger jackpots.
Games with low hit frequency are usually perceived as being unwieldy by players due to the tiny wins. High-hit frequency games are sometimes perceived as loose , due to so few wins.
Remember, the hit frequency is simply the average amount of times a winning combination occurs. "Return to the player" is the amount or what percentage of all money wagered that a machine will be able to return over the course of time.