Assuming the slot is truly random, then I would expect my experience with them to be much more consistent, but it's not.
We are talking hundreds of spins here, not a handful. If you played through hundreds of spins on roulette you'd expect to lose just over 2% of your cash that's all.
I once saw 26 reds in a row on an online reputable casino.
And nothing weird about that. It's just as likely as red/black 12 times.
If I understand the theory correctly, the slot is random. So it should not matter what you have won. But I often see slots go on losing streaks and sometimes they go on winning streaks. Is this true randomness or is something else going on?
Someone I know works on software development and has done so for some online casino games places.
From what I have been told, the system is not random. Whether you win or not is based on various information streams and pre determined trigger scenarios based on income in vs income out for the casino (apparently).
He could have been full of **** though!
That said, I used to know a guy who manufactured fruit machines like what they use in pubs, and looking back he echoed a similar sentiment on the units being 'rigged'.
Matched betting isn't beating the bookies, as the bookies are the one offering the matched betting. If they didn't profit from it, they wouldn't allow it.
That said, I used to know a guy who manufactured fruit machines like what they use in pubs, and looking back he echoed a similar sentiment on the units being 'rigged'.
Someone I know works on software development and has done so for some online casino games places.
From what I have been told, the system is not random. Whether you win or not is based on various information streams and pre determined trigger scenarios based on income in vs income out for the casino (apparently).
He could have been full of **** though!
That said, I used to know a guy who manufactured fruit machines like what they use in pubs, and looking back he echoed a similar sentiment on the units being 'rigged'.
with the percentages you guy are nearly there but not quite.
The 96/97% payout is based on what is called total staked / total bet. This is the total of a culmination of all stakes wagered.
You buy in for £100. And play £10 spins. If you only played 10*£10 spins and then cashed you would achieve you £96. But if you won £100 then played that through as well, your total staked would be £200 and then on average you'd lose £8 returning £92 This then goes on and on. So the longer you play, the more you will probably lose.
In general most people will choose to walk at around %20. And that is the difference between house edge and win percentage.
Of course they are rigged How popular do you think machines which regularly ran out of money to pay out would be with publicans?
All of the information I have found online disagrees with this. Now it 'feels' to me that you are right, but the research says that the random number generator (RNG) is the only thing that influences the payout on any one spin, and that all future spins have no memory of the past spins, or of any other information like your account balance, previous wins or losses.
I am surprised there is not more information out there. Slots have been around for a long time, and lots of people must work on slot software for a living.
As I said, I only play with free money. And it works like this:
Lets say you get 100 free spins with 10x wagering requirement. If I won £10 from my free spins, I would then have to wager through £100 before I could withdraw whatever I have left after doing this process.
I would calculate the estimated average losses as 96% X £100, i.e £4. Starting with £10, I would then expect to have £6 left after wagering.
Clearly £10 can disappear in the blink of an eye due to the variance, but with larger sums one would hope to see a return. Often don't though.
Which is the annoying thing about free spins.
I once won £645 on the second spin but by the time I had gambled the required number of spins to be able to withdraw it, it had decreased to £400.
Caro’s Roulette System #1
First, never bet simply red or black. Also don’t bet odd or even. These are equally poor, consistently losing wagers.
Second, don’t be suckered into betting zero or double zero, despite what some experts may suggest. This may seem like you’re betting with the house, but for technical reasons you are actually betting against the house — and you are taking the worst of it.
So, in order to negate the house advantage, you MUST stick to straight non-green number bets. All odd red numbers turn out to be bad choices, based on over two trillion computer trials. Don’t bet them.
All even black numbers fair poorly, and cannot be bet, for much the same reason, which I won’t explain here.
Let’s get straight to the money-saving advice. Any bet you decide to make MUST cover only even-red or odd-black numbers. There are no exceptions.
Finally, you need to be very disciplined in excluding the number 30 and the group of consecutive numbers that begins with 11 and continues clockwise through and including 14.
This system may seem mystical, but I take gambling quite seriously, and this works for me.
I think you're missing the point re: the posts about sequences, you seem to be making a semantic argument that actually doesn't apply. You can refer to a sequence of i.i.d. variables in statistics