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Video Slots and the Destiny of the Slot Machine Game Market

September 28th, 2010 Leave a comment Go to comments

The development of the slot machine game industry from computer controlled machines to video slot machines and the increasing popularity of online gambling establishments and mobile wagering open a world of opportunities for game designers to develop new kinds of casino game routines. In this new setting the possibility of improved, even limitless, gambler interaction occurs. Casino game developers must embrace the change and create innovative games that make the most of it. Appealing casino game ideas are needed that will catch the curiosity of the players by offering them new and exciting opportunities, yet not too new and different that the gamblers are alienated. Succeeding in gaining gambler attention and interest is crucial because of the size of the industry. In the Great britain, for instance, wagering makes a significant contribution to the economy with an estimated expenditure of 8,875 million pounds (point eight per cent of Great britain Gross domestic product (Wagering Act, ‘05)), of which 1.74 billion pounds is made in costumer losses betting slot machines (Gaming Board, ‘05).

Slot machine will need a corresponding mathematical model to produce certain the game is profitable and to accurately compute the min house edge. In those games that the gambler has an input, the gambler’s optimal strategy must be computed to be able to calculate the minimum casino edge. Probability, Operational Research strategies and Stochastic Processes are employed to construct these models. Great programming abilities are also required. If video slot machines slots are to permit games to be far more interactive these games could turn out to be more advanced and, as a result, much more hard to model. This is really a technical work that only well educated pros can carry out.

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