Hi All,
What Dominique is refering to is hit frequency. Here’s a some info from the Winning at the Slots ebook.
“Video slots have a much higher hit frequency than reel-spinning slots. On video Wheel of Fortune, for example, the hit frequency exceeds 50 percent. The player wins something on more than 50 percent of all spins. That’s more than triple, and in some cases quadruple, the hit frequency you’ll find on reel-spinners.”
“However, on reel-spinners, like Red, White, and Blue and Five Times Pay and Ten Times Pay nearly all wins are for more than the wager.
“As a general rule the higher the lowest reward on the paytable, the lower the hit frequency. ” This is for land-based slots but the microgamming casino engine appears to be similar.
However, if you have few rmp’s you’ll need a significant amount of $$$ churned through with this wager model to come close to earning the same amount that the old model paid in the real world. It will benefit some affiliates that have a large amount of betting players or a player that wagers large.
From my data, most rmps deposit maybe a $100 or $200, lose it and quit. I’d bet that most of the sites promoting casinos have few rmps and this is the reason CR/RA switched over.
It’s like the land-based casino penny slots, they make the patrons feel like their winning when their really not.