Thread by @Dank945

#Slots that pay out smaller amounts tend to do so more frequently, producing a higher hit frequency overall.

Hit Frequency vs. #Payback Percentage
Slots people have lots of jargon and it can be a little unfriendly at first.

ideate.xsead.cmu.edu/discussion/urb… It’s easy for people new to slots play or new to gambling in general to mix up the concepts of hit frequency and payback percentage.

campusvirtual.unt.edu.ar/blog/index.php… According to what I’ve read in slot magazines and on the gambling message boards and such, slots are designed first with hit frequency in mind, and only later are the payback percentages and reels designed around that initial concept.

campusvirtual.unt.edu.ar/blog/index.php… When we talk about payback percentage, we’re referring to the percentage of bets paid into a game that are later paid back as winnings, over time. A game’s hit frequency and payback percentage are two different ways of looking at similar statistics.

campusvirtual.unt.edu.ar/blog/index.php… While the payback percentage gives you a sense of a game’s relative cost, its hit frequency tells you something about how volatile a session playing that game will be.

I Use the Word Volatility a Lot to Refer to What Everyday People Know as Plain Old Risk

campusvirtual.unt.edu.ar/blog/index.php… A slot with a low hit frequency is bound to have high volatility, meaning you’ll be risking more money to chase larger payouts. The opposite is true of slots with a high hit frequency those hits are guaranteed to be worth less, but they cost less to chase

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