Slot machines are one of the least-paying online casino games of all time. Players have a better chance of winning money back if they play games like roulette and video poker or blackjack. But we can all agree that slot machines are really easy and fun. Since there is not much strategy to this game, even amateurs can play it and have fun in the casino. But still, slots are unpredictable and even one rough session can make you believe that the games are rigged because the RTP rate in slot machines is really bad. So what can you do? We advise you to look at the hit rate of the machine you want to play on before you start. Hit rates can let you know how frequently a slot machine is going to payout.
What is Hit Rate in Slots?
Hit rates are also known as win frequency. This basically refers to the average frequency at which you can expect a slot machine to pay. The percentage of spins that you can expect a slot machine to pay out on is its win frequency. If a machine has a hit rate of 27%, then you can expect a payout on 27% of the spins. A slot machine with a 27% hit rate is also expected to pay out more frequently than the one with a 22% hit rate.
Hit rate does not, however, account for how much money it is paying out, just how frequently it does so. So you can wager $1 and get back only $0.2 and it will still count as a win as far as hit rate is concerned. It does not take into account how much money the machine pays out but only how often it does so.
The average win frequency of slots is somewhere between 25%-27%. This means that you have a chance to win about a quarter of the time. There are of course slots that can have very high or very low hit rates. Some of them have hit rates of 20% while some have 30% or above. Usually, a lower hit rate indicates that the prizes are bigger and the volatility is higher and vice versa is true for machines with a higher hit rate. It is not always true but most of the time it is. A higher hit rate does not mean that you are going to win more money, just that you can expect to win more frequently. There are some slots that payout at a hit rate of up to 35-40%, but these are very rare.
Where Can You Find Hit Rates for Online Slots?
Hit rates can be an important factor in choosing what game you want to play. Unfortunately, not all online casinos make that data available. But if you can spend some time looking for it on the casino’s website, you might be able to find it hidden away in the fine print. Usually, the data can be found in the info section of the casino game. You have to click on the ‘i’ button which indicates info. There, you can scroll down until you find the statistics of the game. This might include the hit rate, along with the return to player rate and the volatility.
The volatility of a game suggests how unpredictable it is. The higher the volatility, the more inconsistent the winnings on the game. It is short-term data that is rated on a scale of 1-10. The RTP rate, however, shows us how much money you can expect to win back from a machine. A 96% RTP or return to player rate means that you can expect to win back $96 for every $100 you wager.
Why are Hit Rates Important?
Now that we have covered all the bases of how hit rates work, let us talk about why it’s important.
- It helps you find out how often you can expect to win. Slots can make you feel lost as it all depends on luck. But having these numbers gives you a little edge. If you want more consistent wins, then you should go for slots with a higher win frequency.
- You can also avoid slot machines that do not pay out very often. It can be really frustrating to sit and play slots for a long time and win nothing. It drains money and can be bad for your bankroll. Playing at a higher frequency machine will at least ensure that you will get some of the money back.
- Slots are inconsistent and thus can take a toll on your bankroll. But if you have an idea about how frequently the slot pays, then you can have some control over how you want to spend your bankroll on it.
Slots can be hard for anyone, veterans and amateurs alike. But these data and stats can help you choose the best slot machine for yourself. So, the next time you want to log in and play slots, make sure to do some research beforehand.