Bitcoin Forum
May 07, 2024, 07:42:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: Slot Games' RTP, variable??  (Read 1259 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (8 posts by 1+ user deleted.)
Betwrong
Legendary
*
Online Online

Activity: 3276
Merit: 2151


I stand with Ukraine.


View Profile
December 08, 2022, 07:12:24 AM
 #101

I a maner of 50/50 probability 13(and more) same result in a row can happen quite frequently ..  
But I think in the case of an inspection what they should do is inspecting your game/coin if it is all regular and searching for eventual shitting elements..

If they decide to just make some number of tosses what guarantees if you not just disabled the rigging system for the time of the inspection! ~

This is really interesting. Is it possible? Do you think it's possible to disable some rigging system for the time of the inspection, and then turn it on again? I mean, of course, it's possible, but I personally think that in reality inspectors are perfectly aware of such possibility, and there are measures in place for preventing it from happening.

I think that is depending on the licensing jurisdiction..
and I think that the thing is controlled like an administration/bureau is controlled.. I think that what is it.. or maybe authorities could ask providers/casinos to keep unalterable(like be backed online) registers/archives of all the operations made, and then the RNG should be encrypted by the licensing authority itself to put a signature certifying its use on the registers.

Most likely it is. Btw, do you happen to know, where we can read the requirements regarding slot games' RTP in any jurisdiction. Actually, it's so hard to find things like this, I would happily read any related information.


About the RTP,  Stake ordered/is running an enhanced RTP version of sweet bonanza (98%)  Grin

That's a pretty big enhancing! Sweet Bonanza slot normally has around 96.50% RTP, but are you sure it's Sweet Bonanza and not Sweet Fiesta?


 so the most of slot games operating are on the contrary repartiting the most of the returns on the small wins and making the big wins quite rare.. what should lead you to play more.. but (mathematically) the more you wager, the more you lose!

I think, it is more like, the more you wager, the more casino is earning. As for us regular gamblers, it all depends on luck, unless we are making tens of millions of spins. The more spins is done, the less it depends on luck, and the closer are we to losing exactly what we should lose in accordance with the RTP.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
1715067777
Hero Member
*
Offline Offline

Posts: 1715067777

View Profile Personal Message (Offline)

Ignore
1715067777
Reply with quote  #2

1715067777
Report to moderator
1715067777
Hero Member
*
Offline Offline

Posts: 1715067777

View Profile Personal Message (Offline)

Ignore
1715067777
Reply with quote  #2

1715067777
Report to moderator
1715067777
Hero Member
*
Offline Offline

Posts: 1715067777

View Profile Personal Message (Offline)

Ignore
1715067777
Reply with quote  #2

1715067777
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715067777
Hero Member
*
Offline Offline

Posts: 1715067777

View Profile Personal Message (Offline)

Ignore
1715067777
Reply with quote  #2

1715067777
Report to moderator
1715067777
Hero Member
*
Offline Offline

Posts: 1715067777

View Profile Personal Message (Offline)

Ignore
1715067777
Reply with quote  #2

1715067777
Report to moderator
Danydee (OP)
Legendary
*
Offline Offline

Activity: 2590
Merit: 1249


#SWGT CERTIK Audited


View Profile WWW
December 08, 2022, 01:01:36 PM
 #102

Yah, Fiesta !

But it's the same game, just renamed/enhanced !





Quote
I think, it is more like, the more you wager, the more casino is earning. As for us regular gamblers, it all depends on luck, unless we are making tens of millions of spins.
Yes, you're totally right dear!

ZaklievscaD
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
January 05, 2023, 09:51:41 PM
Last edit: January 12, 2023, 07:54:13 PM by ZaklievscaD
 #103

I think they do everything to make you lose, look at those people who are gambling, they all are broke and addicted. I've gotten in trouble because of gambling several times in my life. I had debts, etc. Thank fo I learned how to control myself and some risk management. I still sometimes play slot online gacor and enjoy it very much. However, I bet the money I am ready to lose forever.
o48o
Legendary
*
Offline Offline

Activity: 2856
Merit: 1132


Leading Crypto Sports Betting & Casino Platform


View Profile
January 06, 2023, 01:10:30 AM
 #104

I think they do everything to make you lose, look at those people who are gambling, they all are broke and addcited.
If they all would be broke there wouldn't be any gamblers. Winnings come with the territory as same as losses. That's why people gamble. They wouldn't get addicted or gambled at all if they didn't win as well. Some people just don't have any risk management and they don't cut their losses but gamble everything. These people would gamble on high leveraged markets is there wasn't slots around.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Don Pedro Dinero
Legendary
*
Offline Offline

Activity: 1302
Merit: 1520


The first decentralized crypto betting platform


View Profile WWW
January 06, 2023, 05:00:04 AM
 #105

If they all would be broke there wouldn't be any gamblers. Winnings come with the territory as same as losses. That's why people gamble. They wouldn't get addicted or gambled at all if they didn't win as well.

Yes, but in the long run gamblers lose more than they gain. The incentive to gamble is that every now and then, in some sessions, they come out positive, but the sum total of their lifetime bets and winnings comes out negative.

Some people just don't have any risk management and they don't cut their losses but gamble everything. These people would gamble on high leveraged markets is there wasn't slots around.

In this I agree and I have said it before: those who have problems with gambling, if gambling did not exist they would have other problematic behaviour such as the one you are talking about.

klidex
Hero Member
*****
Offline Offline

Activity: 1386
Merit: 504


Leading Crypto Sports Betting & Casino Platform


View Profile
January 06, 2023, 03:58:44 PM
 #106

I think they do everything to make you lose, look at those people who are gambling, they all are broke and addcited.
From what you said, I can conclude that what you see and assess are those who have no knowledge of playing gambling until they go bankrupt.
You should see and judge all gambling enthusiasts across the country. I'm not defending gambling activities.
I myself am also a gambler but have never experienced bankruptcy and hopefully in the future I will avoid bankruptcy.
If you say addiction, yes, it is true that someone who tries to gamble and feels the sensation of the fun of playing will become an addict, especially in the first few games you can experience victory, so you will be even more determined to continue playing or betting.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Saint-loup
Legendary
*
Offline Offline

Activity: 2604
Merit: 2353



View Profile
January 06, 2023, 10:34:07 PM
Last edit: January 07, 2023, 12:19:11 AM by Saint-loup
 #107

I think they do everything to make you lose, look at those people who are gambling, they all are broke and addcited.
If they all would be broke there wouldn't be any gamblers. Winnings come with the territory as same as losses. That's why people gamble. They wouldn't get addicted or gambled at all if they didn't win as well. Some people just don't have any risk management and they don't cut their losses but gamble everything. These people would gamble on high leveraged markets is there wasn't slots around.
I agree with you, statistics from casinos and independent scientific studies show that most of people stop when they begin to lose too much money because of the human loss aversion. Random people feel more pain when they lose than they feel pleasure when they win, that's why they usually stop gambling before getting critical losses that can get them into real troubles and way before getting addicted. So people "broke and addicted" are just a minority of gamblers (and traders). Actually studies show that "only" between 5% and 8% of gamblers are addicted.

A study from Standford university has confirmed that by monitoring gamblers behaviors in a real casino.

Quote
Is gambling an addiction or a form of entertainment? Mostly the latter, according to a new academic study that found evidence that most people have strict “loss thresholds” they will not cross when gambling.

“Most of them won’t play after a certain threshold of loss has been reached. They tend to be conscious that, in the long run, they are more likely to lose than win.”

This is why Narayanan is personally convinced gambling is, for the vast majority of people, entertainment. “It’s like going to the movies. They set a budget, and enjoy the time that passes while they spend it. It’s not a completely irrational activity.”

“This is the first empirical study to test this theory on real-world gambling decisions, and we find that people are two or three times more averse to losses than satisfied with wins. This is also consistent with what other researchers have found in studies conducted in the lab.”
https://www.gsb.stanford.edu/insights/most-gamblers-are-just-out-fun

https://www.conversion-uplift.co.uk/loss-aversion-psychology/

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Silberman
Legendary
*
Offline Offline

Activity: 2506
Merit: 1334


View Profile
January 07, 2023, 02:39:26 AM
 #108

I think they do everything to make you lose, look at those people who are gambling, they all are broke and addcited.
You are generalizing way too much, it is true that casinos will give themselves an advantage on each and every game they make available to their customers, and it is also true that some of those customers could become addicted to gambling, but they are a minority, not only that this plays against casinos, I have always thought that casinos do not like that people get addicted either as not only this generates bad publicity against them and high regulations but it also reduces their profits, as it is obvious that a casino will obtain way more profits by having a lot of clients which lose a little bit of money than by having a small poll of clients of which all of them are addicted.
Danydee (OP)
Legendary
*
Offline Offline

Activity: 2590
Merit: 1249


#SWGT CERTIK Audited


View Profile WWW
January 07, 2023, 07:43:40 AM
 #109

Please try to stay in topic.

SirJohnVonSlotty
Hero Member
*****
Offline Offline

Activity: 532
Merit: 512


#NeverForgetGoba


View Profile
January 09, 2023, 01:42:46 PM
 #110

Please try to stay in topic.

Welcome to the gambling section, where the goal of 80% of the people is to post random bs to meet their signature campaign quote Cheesy

Anyhow, check out my reply that I gave you a few posts up, and if you have more questions just ask. I've been working in the industry for awhile now, with both MGA and Curacao licensed operators.

Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!