[vpFREE] Re: how to tell if your machine is fair?

 

I think any casino floor manager knows or soon learns that they can't 100% trust the manufacturers or government regulation, caveat emptor as they say. I like Mitchell's suggestion, know what the standard deviation is in advance and if you find yourself under it or a multiple (2sd, 3sd ...) then it's time to do some investigation and maybe make some changes. You have to drsw the line at some point, what will it be? 2sd? 5sd? 10sd? Obviously at some point you will run out of money if you continue with your study of how bad the machines can run. The answer is a machine can run much worse than most people even imagine. And it can continue to get even worse. There is no "regression to the mean" in most gambling, so you're just fooling yourself if you think things have to turn around. Or use Frank's new utility that he's about to announce. Problems could be something as simple as that you're making a lot more play mistakes than you think you are, or something more complicated. Of course if you find yourself over, it's time to work on keeping under the radar, despite what they say, nobody really likes winners, other than themselves or partners of course.

--- In vpFREE@yahoogroups.com, "rob.singer1111@yahoo.com" <rob.singer1111@...> wrote:
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> If Gaming does their chi square and other testing that we read in the regs that they do--and that mike rightfully questions whether they really ever do it at all--and the machines are a-ok & within spec, if everything is truly random then I question why ANY such machine would ever be taken out of service.
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> I've seen machines removed with the reason given that they "win too much" while following up on this issue when I wrote for GT, but I could never find anything remotely close to an example even after intense questioning, about machines being removed because they were too big a loser for the players.
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> It just doesn't make sense to replace any machine if they are indeed as fair as the printed regs say they are.
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> Sent from my Verizon Wireless 4GLTE smartphone
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> ----- Reply message -----
> From: "nightoftheiguana2000" <nightoftheiguana2000@...>
> To: <vpFREE@yahoogroups.com>
> Subject: [vpFREE] Re: how to tell if your machine is fair?
> Date: Thu, Apr 12, 2012 10:48 am
> --- In vpFREE@yahoogroups.com, kelso 1600 <kelso1600@> wrote:
>
> > Any machine that has a significant deviation from the expected win/loss is replaced.
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> They definitely pull any machine that pays out more than expected, but I question if any casino has ever pulled a machine that has held more than expected. In addition, video poker and other slots that involve skill have another complication that plain old luck only slots don't have, that being that the return is also a function of how the machines are played.
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