Slots and the Destiny of the Slot Machine Industry

by Lucy on September 30th, 2010

The evolution of the slot industry from computer controlled machines to video slots and the growing popularity of internet gambling establishments and mobile betting open a world of possibilities for casino game designers to create new sorts of casino game routines. In this new environment the potential of increased, even limitless, gambler interaction arises. Casino game developers must grasp the transformation and create progressive games that generate the most of it. Attractive game ideas are needed that will catch the curiosity of the gamblers by providing them new and thrilling possibilities, yet not too new and diverse that the players are alienated. Succeeding in gaining player attention and interest is essential because of the size of the industry. In the United kingdom, for example, gambling makes a significant contribution to the economy with an estimated expenditure of 8,875 million pounds (point eight per-cent of United kingdom Gross domestic product (Betting Act, ‘05)), of which £1.74 billion is made in costumer losses playing slot machines (Gaming Board, ‘05).

Slot machine game require a matching mathematical model to make certain the casino game is profitable and to correctly calculate the minimum house edge. In those games that the gambler has an input, the gambler’s optimal technique must be calculated to be able to calculate the minimum casino advantage. Probability, Operational Research techniques and Stochastic Processes are used to construct these models. Very good programming skills are also required. If video slot machines slots are to permit games to be far more interactive these games could turn out to be a lot more advanced and, therefore, more challenging to model. This is really a specialized work that only properly educated experts can do.

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