I will discuss more about the hit rate (aka winning frequency) and how it compares to other slot machine statistics.
Slot Machine Hit Rate Basics
The hit rate indicates the percentage of spins the slot will pay. For example, if the hit rate is 30%, then you will win prizes on an average of 30% of the spins. Winning frequency includes any payout – no matter how big or small. However, it does not say whether you actually win from a given round. Suppose you bet $1 and win back only $0.10, then the spin still counts as a hit. Similarly, a round that offers multiple prizes counts as a single hit. A spin that offers 10 payouts is still only a winning round.
You can use the hit rate to calculate how often you win. In short, a higher win rate means that you will win more often.
Where to find the hit rate
Not all slot developers list statistics on how often they win. Therefore, you do not always know how often you will win on average. Please note: If the hit rate is available, then you will find it in the information section. Many slots mark this area with a simple i. Once you enter the information screen, you start scrolling to find the available statistics. You may find Return to Player (RTP), Volatility Rating, and Hit Rate.
Online slots developers are especially good at including one or more of these statistics. That is, you have a better chance of finding winning frequencies when playing online.
What is a high win rate?
When it comes to hit frequency, one slot may be very different from the next. Therefore, you may not be able to determine what a high win rate is.
The average spend on online slots is between 25% and 27%. Anything above this range is considered a high winning frequency. The highest hit rates are up to about 35% to 40%. At the upper end of this range, you can win almost as much as with blackjack (42.4%).
In contrast, some slots only offer a win rate of about 20% or less. In these cases, your prizes will be small.
What is the difference between hit rate and RTP?
I will compare the win frequency with several other important slot statistics to highlight the differences. I will start with a comparison of Hit Rate and RTP. The latter is very similar to win frequency because it is listed as a percentage. For example, a slot may offer 96.0% RTP. On average, for every $100 wagered, the game will return $96. However, unlike the hit rate, RTP is a much longer term number. It measures how much the game will pay back after hundreds of thousands or millions of spins.
Winning percentages are not exactly short-term data either. However, they are more accurate in the short term than payout percentages. They also only indicate how often you win any type of prize in a spin. However, win rates do not mean how much money you win.
Despite its long term application, RTP is a better measure of winnings. If you continue to play slots with a high payout percentage, you will probably win more money over time.
What is the difference between hit rate and volatility?
At first glance, winning frequency and volatility seem to be closely related. However, the latter measures the consistency of slot machines in bringing in prizes in the short term.
The games that pay quite well in the short term and are close to their stipulated RTP have low volatility. In contrast, slot machines that offer bonuses inconsistent with their RTP are very unstable.
Unlike the win rate, this number is not meant to determine how often you will win in the near future. It is about showing how much you will win in the short term. Note: Few modern online slots have a volatility lower than 5/10 rating. Therefore, almost all games have at least medium volatility. The volatility of many slots is between 6/10 and 8/10. This range is in the medium-high region.
The most unstable games have a rating of 9/10 or 10/10. In these cases, you will really experience some crazy highs and lows.
4 reasons why winning frequency is important
Again, not all slot machines show hit rates. However, when this statistical information is available, you will appreciate it for the following four reasons.
1.Find out how often you win
Slot machines may leave you in the dark about how often you get paid. When you are on a losing streak, you may even feel that these games are hopeless. The hit rate will at least give you an idea of how often you can win. It provides a specific percentage that indicates when you can expect a prize.
If you want to win more often, then you should choose games with a win rate of 30% or higher. Slot machines with a hit rate between 35% and 40% are particularly generous.
2.use hits to help fund management
Slots don’t make money management easy.
When you are trying to decide how long your money will last, their inconsistent spending can cause you difficulties. That is, you may choose the slot with the higher hit rate.
With more consistent spending coming in, you will have a better chance of making your slots funds last longer.
3.Avoid infrequent paying slots
The hit rate is certainly important to help you find games that pay more often. Please note: it also helps you to avoid machines that pay infrequently. Some slot machines have a hit rate even lower than 20%. These games pay only about 1 time for every 5 spins.
Assuming you experience a lull, you may have to wait 10-15 spins or more to get your prize.
4.to reveal the truth about the road numbers
For slots, 50 paylines used to be a lot. However, Megaways slots have set a whole new standard for the number of winning ways available. Many of these slots offer up to 117,649 ways. Some select Megaways games even offer millions of ways to win. But, as you might imagine, most of these possibilities are meaningless. The hit rate reveals how valuable or invaluable many of the crazy ways really are.
If there are a million possible ways to do this and the odds are only 20%, then you know that most of these possibilities are not that many.
Winning frequency does not always tell the whole story
The hit rate can tell you a lot about how often you win spending.
However, it is not a substitute for knowing how much you will win with the slot machine. As mentioned before, the win rate includes any payouts in the given spin.
A prize worth 0.2 times your principal is still considered a win. Simple math shows that this is not a real win. Instead, this example illustrates what is called a loss disguised as a win (LWD). An LDW can be masked by a slot’s animation, sound effects and fast play rate.
When you hear the exciting sounds and see the animation after you pay, you may automatically feel like you’ve won. Of course, LDW means that despite the drama, you lose money.
Therefore, you don’t want to consider every shot as a real win.
Should you still value hits?
Winning frequency is not equivalent to RTP or volatility. It also treats LDW as a hit, which means it is not always a useful statistic.
Despite this, the hit rate is still worth considering when looking at the game data. You may want to know how long you can expect payments. Consistent wins are good when you are trying to maintain funds. They can also keep the action active and prevent you from experiencing losing streaks.
You should never overestimate the hit rate. However, in the meantime, you will want to at least keep this number in mind when it becomes available.
Conclusion
Hit rate is a simple percentage that shows how often you get winning spins. This is a good statistic to know if you like to win often. Please note: When available, you can find the win frequency in the info screen. In this case, you simply select the Info button and start scrolling to find the hit rate.
The average win rate is around 25% to 27%. Any number above this range indicates that you can expect more consistent prizes.
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