What is hit rate?
We sometimes get this question and it is not unimportant. Hit rate in online gambling indicates how often you make a winning spin on average. This is important information for players who want to base their strategy on chances.
Please note!
Hit rate is not the same as RTP (Return to Player) because that is the percentage of what a player can expect to earn back in the long term. Hit frequency indicates the number of winning spins. This can influence how often and how much you win, without saying anything about the size of the prize.
How does hit rate work?
Just like RTP, hit frequency gives an indication of your chances of winning, but in a different way. While RTP is a percentage of the money you win back, hit frequency shows how many spins in a certain time give a winning outcome.
Factors such as variation and the Random Number Generator (RNG) also play a role in determining your chances of winning. Variance determines how often and how big the wins are, with low variance meaning that you win small prizes often, and high variance meaning that you win big prizes less frequently.
RTP and RNG
RTP indicates how much of your stake is returned in the long run, and is often expressed between 90% and 100%. RNG (Random Number Generator) ensures randomness, so that every spin or roll offers an equal chance of winning. This ensures fairness in the game.
Variance and hit rate
Variance refers to how often a prize is awarded and how big these prizes are. High variance gives you bigger prizes, but less often. Hit rate, on the other hand, focuses on how often you win, without saying anything about the size of the prize. By knowing the hit rate, you can get a better idea of how many winning spins you can expect.
Practical example
Suppose you play 100 spins on a slot machine with a hit rate of 20%. This means that you will win a prize in 20 out of 100 spins. However, it is based on an average, which means that this is not guaranteed every fifth spin.
Why is hit rate important?
Knowing the hit rate helps you determine how attractive a slot is.
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