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Author Topic: Slot forecast  (Read 386 times)
uneng
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November 19, 2021, 03:30:55 PM
 #21

I think you misspelled the word forecast.

But according to the study, the house edge of a slot machine is around 5% to 10%, therefore there's no way you can win in the long run. This type of game is only good if you are lucky, or just trying to have fun, and that house edge will certainly make your forecast wrong most of the time.

Quote
The price is right
The house edge for slot machines typically falls between 5% and 10%, with most machines delivering a payback percentage in the 90% to 97% range. (If it's 90%, the casino's take—and the player's loss—is 10% of the coin in, for example.) But how can casino operators determine the best house advantage for their bottom line within that range? "It's really a pricing issue, because it's a unique product," said Lucas. "With real slots, the price isn't marked anywhere."


Source : https://arstechnica.com/science/2019/10/study-busts-popular-myth-that-gamblers-can-sense-differences-in-house-edge/
Thanks have corrected the misspelled words, but slot is based on skills even a 5% house edge is enough to make the players sufficiently equip with skills if not if a player depends on luck as you said it be practically impossible to win a slot game most especially when it against the house. But again if one is just playing for the fun of the game you can easily look away from the loses and continue to lose to the house edge. But if a probably fair system is in place a player may win sometimes.

They say it's based on skills but actually only gamblers who know how to cheat won the slots. Slots are programmed by computers, the house edge is high, therefore it's hard to convince me that it's won by skills. If Slots is based on skills then probably is also based on skills, a dice game has a 1% house edge and yet we are still losing in the long run.
The only skill a gambler can use in slots games is bankroll and bet size management, so he can play for longer, losing less money, consequently increasing the probability of winning money (considering the longer he plays, higher are the chances he hits a decent prize). However it doesn't prevent him from losing on long run, after many slots sessions, anyway.
Only very few people will be able to make profit from slots and those are the ones who hit the jackpot and never come back to play again in an attempt to be lucky again.

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November 19, 2021, 03:41:11 PM
 #22

it will be difficult to predict slots and maybe it can be said that slots are one of the games that rely on great luck in it.
it's not without reason that we don't know what the mechanism is like because this slot is driven by a system that is arranged in such a way with a series of codes and traps in it.
we will not know where we will win if there is no leak by the developer Smiley

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November 19, 2021, 03:42:18 PM
 #23

Its literally a game which doesn't need any skills to get the outcome so its pure luck which always decides the results and there are lot of different types of slots but everything is almost similar in long run you will lose your money. Cheesy

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November 19, 2021, 05:27:39 PM
 #24

It can not give an accurate forecast as slot games are one of the gambling games based on the luck factor so the player can only play and use their strategy or modify the other strategy to find out which strategy can give them a chance to win. Although they can have a strategy that works for them to win, that will not be able to work many times because the algorithm of the games can change at any time. About provably fair, we do not know about that so maybe we can only guess and hope that the casino is fair for the player.
It is hard to make an accurate forecast on slot because the outcome is always unpredictable, what a player can do is to develop skills that can aid the player to win against the house which is at a minimal level.

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November 19, 2021, 05:59:03 PM
 #25

-snip-
@OP mean is, for non provably fair slot.

So, most the time we can't verify did the "RTP" is the same like they are told on the site. You only can trust the casino & provider it self, so sometime user is really sceptical about the RTP they're playing even the casino already provider the information RTP.

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November 19, 2021, 07:28:16 PM
 #26

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.
House Edge of course it falls between 5-10% which it isnt really surprising that most players do lost in the end of the line.
https://arstechnica.com/science/2019/10/study-busts-popular-myth-that-gamblers-can-sense-differences-in-house-edge/
This is talking about physical slots.

This one is also worth to read.
https://www.canadiancasinos.ca/what-is-rtp-or-house-edge-in-online-slots/

R


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November 19, 2021, 07:35:38 PM
 #27

Slots are one of those games that we really can't predict victory here because it's pure luck.
although many people say through certain ways or tricks to win but in the end it still comes back to the luck we have.
The mechanics of the didadam have been arranged in such a way to benefit the dealer and that's for sure because this game is different from predictable dice and roulette.

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November 19, 2021, 07:47:34 PM
 #28

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

You can never give an accurate prediction in any game of chance. Even by flipping a coin the chance of guessing a side on the flip will always be 1/2.

Naturally, the playground always has an advantage over the player because it requires funds for its maintenance and this advantage exists in every game.

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November 19, 2021, 09:21:11 PM
 #29

Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

Eeeeeeeeeeeeeeeeemmmmm. What?  Huh
The dice and slots are statically predictable games, like i know, that on long term the chance to get "6" from dice is 1/6. The same story with slots. I don't know exact amount of slot machine images, but i know that probability will be ratio between all outcomes and binomial coefficient of needed outcome (like n/m where m is all outcomes)

So i can't get why OP think in that way.

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November 19, 2021, 09:24:40 PM
 #30

Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

Eeeeeeeeeeeeeeeeemmmmm. What?  Huh
The dice and slots are statically predictable games, like i know, that on long term the chance to get "6" from dice is 1/6. The same story with slots. I don't know exact amount of slot machine images, but i know that probability will be ratio between all outcomes and binomial coefficient of needed outcome (like n/m where m is all outcomes)

So i can't get why OP think in that way.

He's talking about whether or not the game is provably fair.

For a lot of slots they are not provably fair but they are regulated by governments. So whether or not you trust that is up to you.

I definitely prefer dice because of this aspect. If a company wanted to rig a game it would be super easy for slots.
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November 19, 2021, 09:32:04 PM
 #31

He's talking about whether or not the game is provably fair.

For a lot of slots they are not provably fair but they are regulated by governments. So whether or not you trust that is up to you.

The same dice and slots can be provably fair man. You can easy count all probable outcomes in dice and slots and hash them to show later (big simplification of provably fair process). So even in such point of view there is no difference between them.

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November 19, 2021, 10:00:20 PM
 #32

Its literally a game which doesn't need any skills to get the outcome so its pure luck which always decides the results and there are lot of different types of slots but everything is almost similar in long run you will lose your money. Cheesy
But again despite slot being luck base game some level of skills is also required to win the game. The house edge may be high and players may need additional skills to aid they winning.

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November 19, 2021, 10:46:04 PM
 #33

slots and dice are two traditional games for those who don't want to put in too much effort when placing their bets. just press a button and be lucky.
Slot machines feature a greater variety of combinations, which is why it's so famous. most sites also invest heavily in site look, animations, and bonus extra plays, which helps to attract players' attention to this type of bet.

And I disagree that slot machine bets cannot be verified, as if the site does everything correctly it is possible to verify.

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November 19, 2021, 10:58:47 PM
 #34

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.
That is why I seldom play slots it's unpredictable if you just want to rely all of your bet on luck then the slot is for you, but if you have a strategy on your betting dice, mine and crash games and sports betting are the games to choose, Slot is an easy cash cow for gambling operators online and offline, many offline casinos have sets of slots positioned in a place that visitors can easily see because it's easy to lose here.

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November 19, 2021, 11:02:10 PM
 #35

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

That's why I only play provably fair slots.

They exist, but they're just not as fancy as the slots that NetEnt or Evolution offers.

They generally have much better RTP as well which is an added bonus. I simply don't trust the 'random' nature of non-provably fair games.

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November 19, 2021, 11:38:13 PM
 #36

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

And can you predict dice outcomes?

Dice is just as random as slots if that is what you're wondering.

And no, there is no way that you are able to actually profit off slots in the long run, because the RTP to the player is always going to be <100% for the sake of the profitability of the house! It's all inbuilt to the game and there is nothing wrong with that.

Smiley
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November 19, 2021, 11:46:55 PM
 #37

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

That's why I only play provably fair slots.

They exist, but they're just not as fancy as the slots that NetEnt or Evolution offers.

They generally have much better RTP as well which is an added bonus. I simply don't trust the 'random' nature of non-provably fair games.
Would you mind on mentioning out those slots that werent provably fair on the first place? Its unlikely for some providers do really ending up on having non-provably fair slots
but on general sense i would simply step on into those famous providers out there which you could already presume out that theyre fair and good.
Im not really that keen on verifying out since slots do still always end up on loss most of the time.

R


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November 19, 2021, 11:59:27 PM
 #38

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house.

That's not actually a problem. It's been ages already where gamblers already know that slots are unpredictable nor a strategy can save their asses winning on that kind of gambling. Most gamblers not really thinking that way but just waiting for their turn that someday that big winning will be on their own hands.

For some experienced online gamblers, RTP is what they are looked at. For physical ones, layout, and looks.

The bottom line, gamblers play slots regardless if they aren't able to see the outcome (as it was impossible) or how provably fair works.

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November 20, 2021, 12:06:14 AM
 #39

The slot game is based on luck because the program gives an automatically random pattern, and some instances have the small odds of chancing to win. This is the reason why I'm not a fan of slot games because it the chance of getting a profit is too close to impossible like its all about your faith to win on this game. I'd rather to choose skill base games than slot game. Dice game if this is a machine game its not ideal to play for me but if this needs the essence of the human-like throwing the dice there's a chance you change the odds of the win.

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November 20, 2021, 12:38:37 AM
 #40

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.
Lol, you are saying dice outcome can be easily predicted? Not sure what dice are you playing... but I am sure you are not gambling. If anyone could predict the outcome of the dice, the casino would end up going bankrupt. Users would clean the house. And it wouldn't be called gambling. Not only dice, you can't "forecast" any of the gambling games. If the provably fair system works in the favor of the house, then the casino you are talking about is scamming people. I guess you are talking about the "house edge" not the "provably fair system".

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