How to Calculate Slot Expected Value
Understanding Expected Value
1. Payout Ratio
2. Hit Frequency
3. Return to Player (RTP) Percentage
4. Wager Size
Calculating Expected Value
Expected Value = (Payout Ratio x Hit Frequency x RTP Percentage) / Wager Size
Expected Value = (0.95 x 1/100 x 0.96) / 1
Conclusion
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