What is there in slots? - Page 2 - Online Casino Reviewer

**lojo** · #11 (**permalink**) 02-07-2010, 11:48 PM

Welcome

Quote:

With slots all you have to do is click the mouse and you start making money.

or losing money lol.

When I really think about it I think the thing about slots to me is that I can play a hunch... you can't really do that with blackjack (not much thrill in splitting and doubling at best) and roulette can only load you up if you bet a number, all corners and neighbors... slots? You can randomly increase your variance by reducing number of lines bet, and lay a heavier wager on each for a real killer payout. It's a real thrill to catch one of those waves!

Just had an interesting reread of the ecogra survey I participated in in 2007 http://www.ecogra.org/Downloads/eCOG...ler_Report.pdf a search for 'motivations' takes you to page six.

**angeladebra44** · #12 (**permalink**) 02-08-2010, 10:37 AM

Quote:

Originally Posted by reggie123

There are many reasons why people prefer slots. First of all, there is no need to count anything or really pay attention to what you are doing while playing the slots. In Black Jack for example, you always have to be counting what you are getting and also calculating risks and edges. In slots all you have to do is just start playing and raise or lower your bet every now and them. I believe that in the times we are living, everything is being made "automatic". Nowadays, you don't even need to get up from your couch. If you want something to eat, just call this phone number and we will deliver the food at your door. If you want to buy something, just go online and order it and within two weeks tops you will have everything delivered at your door. With slots all you have to do is click the mouse and you start making money.

If you are comparing Slots with Blackjack, then according to me it is not a fair comparison. Blackjack is a way to different game for meant for sharp people and believe me card counting is not an easy thing to do. It requires a lot of practice and still you can't be sure.

**lojo** · #13 (**permalink**) 02-09-2010, 03:31 AM

I think that is what he was saying.. you can turn off your mind and just sit and spin... that's what appeals to some people

**angeladebra44** · #14 (**permalink**) 02-09-2010, 10:53 AM

Quote:

Originally Posted by lojo

I think that is what he was saying.. you can turn off your mind and just sit and spin... that's what appeals to some people

Then he must be aware of what are the odds and house advantage related to each game.

reggie123 · #15 (**permalink**) 02-10-2010, 12:28 AM

Quote:

Originally Posted by angeladebra44

Then he must be aware of what are the odds and house advantage related to each game.

Hello guys! thanks for replying

The house edge is different in every single place. Fair places give you 50/50 (the best ones) even with bonus. It woudln't make any sense if the house edge is leaned towards the players advantage. There is no business in that. The ideal casino has a 50/50 house edge in any game they offer.

Now, I must confess that I haven't been familiar with the term "house edge" for a long time, but as far as I know, it's strictly related to the fairness and randomness of the games.

**lojo** · #16 (**permalink**) 02-10-2010, 01:28 AM

Quote:

Originally Posted by reggie123

Hello guys! thanks for replying

The house edge is different in every single place. Fair places give you 50/50 (the best ones) even with bonus. It woudln't make any sense if the house edge is leaned towards the players advantage. There is no business in that. The ideal casino has a 50/50 house edge in any game they offer.

Now, I must confess that I haven't been familiar with the term "house edge" for a long time, but as far as I know, it's strictly related to the fairness and randomness of the games.

The 'house edge' is built into the game, it's the same as saying what are the odds. The easiest house edge to imagine is in roulette. The green space is the house edge. Over time you would break even, it would be a 50/50 game, if there weren't the zero or zeroes in the green zone.

Blackjack, playing perfect strategy, has a set house edge depending on how liberal the rules are in re BJ payback, spits/doubles, etc. but it's within a pretty small range.

Slots are a bit more mysterious and it may be easier to look at RTP or return to player for the theoretical house edge. If the machine is set to 95% RTP, then theoretically the house edge is 5% But there is a lot of volatility or 'variance' in slots; a low V slot will return lots of little wins and you can play all day but rarely make any real money. A high V slot may pay you 1000x your bet on the first spin or it may take all your money in a very little while... better luck next time.

Beyond that, a software is either fair (random, non-weighted, non-corelated) or it's not. (weighted and corelated do not necessarily mean non-random nor unfair but it depends on the game).

There is at least one casino with zero house edge games but the same reason they can make money on them is the same reason we don't lose 5% when we play a 95% RTP game.. we keep playing!
Sure, they could use them as a loss-leader to get you in the door hoping you'd lose on the other games, but they don't need to. The casino has a virtually unlimited bankroll and sooner or later yours will run out if you don't quit when ahead.

**angeladebra44** · #17 (**permalink**) 02-10-2010, 10:59 AM

Quote:

Originally Posted by reggie123

Hello guys! thanks for replying

The house edge is different in every single place. Fair places give you 50/50 (the best ones) even with bonus. It woudln't make any sense if the house edge is leaned towards the players advantage. There is no business in that. The ideal casino has a 50/50 house edge in any game they offer.

Now, I must confess that I haven't been familiar with the term "house edge" for a long time, but as far as I know, it's strictly related to the fairness and randomness of the games.

Different games have different odds. So try to pick games where the house advantage is below 5% . There is a common saying about casinos that games of pure luck tend to have higher house advantages and the games that include skill have the lower house advantages.
“You win, they also win. You loose, they still win.”

**KasinoKing** · #18 (**permalink**) 02-10-2010, 03:37 PM

Quote:

Originally Posted by reggie123

Hello guys! thanks for replying

The house edge is different in every single place. Fair places give you 50/50 (the best ones) even with bonus. It wouldn't make any sense if the house edge is leaned towards the players advantage. There is no business in that. The ideal casino has a 50/50 house edge in any game they offer.

Now, I must confess that I haven't been familiar with the term "house edge" for a long time, but as far as I know, it's strictly related to the fairness and randomness of the games.

Well I'm afraid you are WAY out with both those comments!

There aren't ANY casino games which offer 50/50 odds.
(Except a few at Betfair & BetVoyager - though the latter sting you for 10% of your winnings as you go out the door!)

House edge is the % the casino makes from any game long-term.
e.g. If a game really was 50/50 it would have a 0% House Edge.
Games like BlackJack typically have a HE of between 0.5 and 1.5%.
Single-zero Roulette is 2.7027%
Most Bonus Video Slots are between 3 to 6%

With slots especially, these figures are more commonly expressed the other way around; i.e. How much the player wins back.
This is called the Return To Player (RPT) percentage.
e.g. A slot like Thunderstruck has a HA of about 5%, so that's an RTP of 95%.
That is to say, for every $100 worth of spins you play, you will get $95 back.

Some softwares publish the RTPs of their slots, and some don't.
All the ones I know are listed on the "Slots Data" pages of my site www.SlotBeaters.com
There you will find the RTPs of all WagerWorks & Rival slots, most RTG, Barcrest, BellFruit & Astra slots, and a few MG slots.

However RTP is only one part of the equation with slots; by far more important is the variance - the chances of hitting a BIG win. This is what makes slots so attractive to so many players!
If the variance was Zero, you would lose 5% on every single spin = no chance of making a profit.
If the variance was very high, you could go 20 spins hitting nothing and then get a bet x 200 win!
That's why we love 'em!

KK

**Webzcas** · #19 (**permalink**) 02-10-2010, 05:04 PM

Quote:

by far more important is the variance - the chances of hitting a BIG win. This is what makes slots so attractive to so many players!
If the variance was Zero, you would lose 5% on every single spin = no chance of making a profit.
If the variance was very high, you could go 20 spins hitting nothing and then get a bet x 200 win!
That's why we love 'em!

Bingo! Nail firmly hit with hammer, squarely on the head

This is why I love slots!

**lojo** · #20 (**permalink**) 02-12-2010, 03:33 AM

Quote:

Originally Posted by KasinoKing

Well I'm afraid you are WAY out with both those comments!

There aren't ANY casino games which offer 50/50 odds.
(Except a few at Betfair & BetVoyager - though the latter sting you for 10% of your winnings as you go out the door!)

House edge is the % the casino makes from any game long-term.
e.g. If a game really was 50/50 it would have a 0% House Edge.
Games like BlackJack typically have a HE of between 0.5 and 1.5%.
Single-zero Roulette is 2.7027%
Most Bonus Video Slots are between 3 to 6%

With slots especially, these figures are more commonly expressed the other way around; i.e. How much the player wins back.
This is called the Return To Player (RPT) percentage.
e.g. A slot like Thunderstruck has a HA of about 5%, so that's an RTP of 95%.
That is to say, for every $100 worth of spins you play, you will get $95 back.

Some softwares publish the RTPs of their slots, and some don't.
All the ones I know are listed on the "Slots Data" pages of my site www.SlotBeaters.com
There you will find the RTPs of all WagerWorks & Rival slots, most RTG, Barcrest, BellFruit & Astra slots, and a few MG slots.

However RTP is only one part of the equation with slots; by far more important is the variance - the chances of hitting a BIG win. This is what makes slots so attractive to so many players!
If the variance was Zero, you would lose 5% on every single spin = no chance of making a profit.
If the variance was very high, you could go 20 spins hitting nothing and then get a bet x 200 win!
That's why we love 'em!

KK

Well put