Slots and the Future of the Slot Machine Industry

The development of the slot industry from computer controlled machines to video slots and the increasing popularity of on line gambling establishments and mobile betting open a world of possibilities for casino game designers to create new varieties of casino game routines. In this new setting the possibility of increased, even unlimited, player interaction develops. Game designers must grasp the change and develop revolutionary games that produce the most of it. Attractive game ideas are needed which will catch the curiosity of the gamblers by providing them new and exciting opportunities, yet not too new and different that the players are alienated. Succeeding in gaining player attention and interest is vital because of the size of the market. In the United kingdom, for instance, betting makes a substantial contribution to the economy with an estimated expenditure of £8,875 million (0.8 % of Uk Gross domestic product (Wagering Act, 2005)), of which £1.74 billion is made in costumer losses betting slot machine games (Gaming Board, ‘05).

Slot machine game need a matching mathematical model to produce certain the game is profitable and to correctly calculate the minimum house edge. In those games that the gambler has an input, the gambler’s optimal system must be computed to be able to calculate the min casino edge. Probability, Operational Research methods and Stochastic Processes are utilized to construct these models. Good programming skills are also necessary. If video slot machines slots are to permit games to be a lot more interactive these games could become much more sophisticated and, as a result, more challenging to model. This is really a specialized work that only properly trained experts can perform.

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