Online Slots Machines
7
February
slot machines
john asked:


Correct me if I’m wrong, but it seems obvious that when slot machines win more than lose, then they are not random.

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Comments

truth_unadulterated February 8, 2009

Absolutely wrong.

Look at the odds of winning. If the odds indicate that winning is rare, then there is a higher probability that a loss will occur on a pull.

To find out if the machine is actually random, the mechanism would need to be examined to see how it arrives at its outcome.

Tav February 10, 2009

Each time you press the switch on a slot machine is an independent event. So your odds of winning do not increase with each pull if you keep playing.

KryptonNZ February 11, 2009

they arnt truly random. some are progressive, so after a set amount of time they go off, this can be controlled by a computer chip nowadays. and sometimes its like the computer chip is set to how often it the player will win, and how much the receive. the more they win the higher the customer satisfaction but they dont get as much profit.

the house always wins!!!

LegFuJohnson February 14, 2009

You are wrong.

If all of the combinations would produce 50% winners and 50% losers, and still more people lost, then you could complain that it isn’t random.

But when more combinations produce a losing result than a winning result, then more people should lose, shouldn’t they?

John F February 17, 2009

It’s all in the amount of the payout.

Every form of casino gambling has what is called the “House Edge”.

Every game has been studied to determine the mathematical probability of every possible outcome. Slot machines are built to provide a certain distribution of the possible outcomes.

Once the casino knows how often each outcome will occur, it will set the payout levels for that event. The payout will be less than the actual probability of the event. This is how the house makes money.

FAH-Q February 18, 2009

lets assume a sot machine has a 5% house edge…..you bet $100 and lose it….another guy bets a hundred, wins, gets his hundred bucks back and turns a profit of $90…machine took in $200 and paid back $190…five percent…casinos make a profit off winners not losers…random means what appears on the line of a slot machine is fair….i am right and johnf is right..kryptonN is wrong

Jay P February 19, 2009

An individual slot machine can pay out more than it takes in but a casino, as a whole, sets up the machines to pay out a certain percentage of what they take in. The casino will always make a profit ( which is why they love slot machines and dedicate most of the gambling floor to them )*

* This is at least the way it has been explained to me.

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