What does Return to Player (RTP) Hit Frequency, Return to Player (RTP) and Return to Player (RTP) What does it mean?

What do the terms "Return to Player" and "Hit Frequency" Mean?
RETURN to the player
Casinos use the term Return to Player to indicate the amount of money that a VLT (or slot machine) returns to the players. If, for instance, you place a $100 bet on a slot machine where the RTP is 90%, you can expect to get back about 90 dollars in winnings. return to player percentage as the house advantage can be calculated over a long time. It is not advisable to bet money that could be lost.
You may have observed that RTP is actually the flip side of house advantage. A machine with an advantage of 20% over house will have an RTP average of 80%. This means that the machine will keep 20 percent of the money that it wagers and pay the remaining percent to players who win.
Hit Frequency
Hit frequency refers to the frequency at which a machine will stop once it comes across a winning combination. Hit frequency of 8 percent means that the machine will stop whenever it comes across an winning combination around 88% of the time. It's important to remember that many slots and VLTs permit players to place bets on several lines on each spin. As a result, on a single spin, players can win one or more winning combinations as well as several losing combinations. While it might appear that the player is winning more often than usual but the loss combinations in the course of time will be greater.
The hit rate of VLTs and slot machines can differ significantly. While certain slots could be hit at 3percent, other games such as video poker could have a hit rate of almost 45 percent. Although the video poker hit frequency might sound appealing, keep in mind that almost 50% of these "hits" are just the result of a wager. Although a machine that has an average hit frequency of 3 percent might not be appealing, it's likely to provide players with the chance to win a massive jackpot. The machines that have a large progressive jackpot have a lower hit rate and larger jackpots.
Games with a low hit frequency are usually viewed by players as "tight" due to the fact that the wins could be so distant in comparison to games that have frequent hits are often viewed as "loose" due to the fact that there are so many tiny wins.
Keep in mind that "hit frequency" is how often (on average) an winning combination is likely to occur. "Return to the player" is the amount or what percentage of all money bet that a machine is expected to return over time.