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28Oct/100

Electronic Slots and the Future of the Slot Market


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The development of the slot industry from computer controlled machines to video slots and the growing popularity of web-based gambling establishments and mobile gambling open a world of possibilities for game designers to create new sorts of game routines. In this new setting the possibility of improved, even unlimited, player interaction arises. Casino game developers must grasp the change and develop revolutionary games that generate the most of it. Attractive game ideas are required which will catch the interest of the players by providing them new and thrilling possibilities, yet not too new and unique that the gamblers are alienated. Succeeding in attracting gambler attention and interest is essential because of the size of the industry. In the Great britain, as an example, betting makes a substantial contribution to the economy with an estimated expenditure of £8,875 million (0.8 per-cent of United kingdom Gross domestic product (Betting Act, 2005)), of which 1.74 billion pounds is made in costumer losses betting slot machine games (Gaming Board, 2005).

Slot machine require a similar mathematical model to generate certain the casino game is profitable and to accurately calculate the min house edge. In those games that the gambler has an input, the gambler's optimal strategy must be worked out in order to calculate the min casino edge. Probability, Operational Research strategies and Stochastic Processes are used to create these models. Excellent programming skills are also required. If video slot machines slots are to permit games to be much more interactive these games could become more sophisticated and, therefore, a lot more difficult to model. This is a specialised work that only well trained experts can do.

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