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What do Return to Player (RTP) and Hit Frequency?

  What is Return to Player (RTP) and Hit Frequency? RETURN TO PLAYER (RTP) Casinos make use of the term Return to Player to describe how much of the wagered money a VLT (or slot machine) returns to the players. For instance, if you make a hundred $1 bets on a machine on which the RTP is 90%, you might expect to receive around $90 in winnings. However, both house advantage and RTP are typically calculated over the long term. There is a possibility for almost everything to happen in the short-term (see Short term volatility and Long Term Predictability) Therefore, it's essential to bet only using money that you're willing to risk. You may have already realized that RTP is actually one side of the house advantage. If a machine has a 20 percent advantage over the house, the average RTP is 80 percent, which means that over time the machine will keep about 20% of the funds bet and pay the remaining 80% to the players who win. Hit Frequency Hit frequency refers to the frequency at which a machine will stop once it finds a winning combination. More details of 8% implies that the machine will cease when it has an winning combination around 8% of the times. It's important to remember that many slots and VLTs permit players to bet on multiple lines every spin. That means that a player can win one or more winning combinations, as well as numerous losing combinations on one spin. To the player, it may feel as though he is winning more often, but as always it is the case that over time, losing combinations will be much more numerous than the winning ones. Between VLTs and slots there's a lot of variance in the hit frequency. While certain slots might have a rate of just 3%, other slots, like video poker, can have a hit rate of up to 45%. Although the frequency of hits in video poker might sound attractive, keep in mind that almost half of these hits result in the player winning his initial bet. Although a machine with 3 hits per% may not sound appealing, it can allow players to win a substantial jackpot. (Machines with huge progressive jackpots usually be less frequent in hitting and higher jackpots.) The players often view games with low hit frequency as tight , because they are difficult to win. Games with high frequency of hit are often perceived as more loose because they have so many small wins. Remember that hit frequency is how frequently the winning combination will be seen in the an average. Return-to-player refers to the percentage of money that a machine will return over time.

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