Electronic Slots and the Future of the Slot Machine Market
Posted in Slots on 10/23/2010 11:21 pm by Kaylee
The evolution of the slot machine industry from computerised machines to video slot machines and the growing popularity of internet based gambling establishments and mobile gambling open a world of opportunities for game designers to create new sorts of game routines. In this new setting the possibility of improved, even limitless, player interaction occurs. Casino game developers must embrace the change and develop innovative games that generate the most of it. Attractive casino game ideas are required that will catch the curiosity of the players by providing them new and thrilling possibilities, yet not too new and distinct that the gamblers are alienated. Succeeding in attracting gambler attention and interest is crucial because of the size of the market. In the United kingdom, for example, gambling makes a substantial contribution to the economy with an estimated expenditure of ã8,875 million (0.8 per-cent of United kingdom Gross domestic product (Gambling Act, ‘05)), of which ã1.74 billion is made in costumer losses playing slot machines (Gaming Board, 2005).
Slot machine require a corresponding mathematical model to make sure the game is profitable and to correctly compute the min casino edge. In those games that the gambler has an input, the gambler’s optimal method must be calculated to be able to calculate the minimum casino edge. Probability, Operational Research methods and Stochastic Processes are used to develop these models. Great programming skills are also required. If video slots are to enable games to be far more interactive these games could become a lot more sophisticated and, as a result, far more tough to model. This is a specialized work that only properly educated pros can perform.