Return To Player (RTP) And Hit Frequency: What Does These mean?
What exactly does Return to Play (RTP) and Hit Frequency?
RETURN to the PLAYER (RTP)
Casinos employ the term Return to Player (RTP) to explain how much of the wagered money that a slot machine (or slot machine) will pay back to players. It is possible to earn around $90 when you place 100 $1 wagers on a machine that has a RTP of 90 percent. The two factors, RTP and house advantage are calculated over the longer term. It's possible for anything to happen in the near term (see Short Term Volatility versus Long Term Predictability) So, it is important to only ever bet with money you're willing to risk.
RTP is actually the opposite of house advantage. More details with 20% advantage over the house will have an average RTP of 80%. That means the machine will keep around 20% of the money , and will return the remaining to the winners as winnings.
Hit Frequency
Hit frequency is the word casinos use to describe the frequency at which a machine stops when it comes to an winning combination. If a machine has an average hit frequency of 8.8 this means that it will stop when it hits the winning combination about 8percent of the time. Also, you should know that VLTs and a lot of slot machines, allow players to bet multiple times during each spin. This means that a gambler could win one or more winning combinations, as well as several losing combinations in one spin. To the player, it might seem like he's winning more often, but , as usual in time, the winning combinations will outnumber the winning ones.
In the case of VLTs and slots, there can be great variations in the frequency of hits. While some slots may be hit at 3%, others such as video poker might have a rate of almost 45%. Although the frequency of hits in video poker may seem appealing but keep in mind that the majority of "hits" result with the player winning his original wager. A machine that has 3 percent hit frequency may sound very unappealing, however, it could offer players a chance to win an enormous jackpot. (Machines with huge progressive jackpots usually have a lower hit frequency however they can offer higher jackpots.)
Low hit frequency games are usually viewed as being too tight by players due to the tiny wins. High-hit frequency games are sometimes perceived as being loose due to the fact that there are so few wins.
Keep in mind that "hit frequency" is the frequency at which a winning combination is likely to appear in the average. "Return to the player" refers to how much or the percentage of money wagered a machine will return over the course of time.