Electronic Slots and the Destiny of the Slot Industry

[ English ]

The development of the slot industry from computer controlled machines to video slot machines and the growing popularity of online casinos and mobile betting open a world of opportunities for game designers to create new varieties of casino game routines. In this new environment the possibility of increased, even unlimited, player interaction develops. Casino game developers must grasp the change and create progressive games that make the most of it. Appealing game ideas are required which will catch the curiosity of the gamblers by providing them new and exciting possibilities, yet not too new and various that the gamblers are alienated. Succeeding in gaining gambler attention and interest is crucial because of the size of the market. In the United kingdom, for instance, gambling makes a substantial contribution to the economy with an estimated expenditure of 8,875 million pounds (0.8 per cent of Great britain Gdp (Gambling Act, ‘05)), of which £1.74 billion is made in costumer losses betting slot machine games (Gaming Board, ‘05).

Slot machine will need a matching mathematical model to generate certain the game is profitable and to accurately determine the minimum casino edge. In those games that the player has an input, the gambler’s optimal method must be calculated to be able to calculate the minimum house advantage. Probability, Operational Research methods and Stochastic Processes are used to create these models. Excellent programming skills are also required. If video slots are to permit games to be much more interactive these games could turn out to be much more sophisticated and, therefore, far more hard to model. This is really a technical job that only well educated experts can do.