I agree 100% that casinos SHOULD be giving the factors you mention consideration and incorporating that consideration into how their slots hold money. But I'm not really convinced that casinos are doing a very good job of understanding these factors and/or controlling/managing them.
As I once told a politician who was touting the responsiveness of a governmental agency, "I think you've greatly overestimated the sophistication of the people doing this work".
--BG
=================
1b. Re: General Odds
Date: Thu Jan 30, 2014 12:26 pm ((PST))
I've always assumed that there's a "real dollar" influence to the holds and variance that the casinos set vis-a-vis the players for those machines. If you manage to hold $50 off a penny slot in 30 minutes you might have just blown grandma's budget for the whole trip, while that real dollar loss for a $5 player is less significant. I know that some people will reply that "a percentage is a percentage" but slot technology has come a long way, there has to be a time element to the range of std deviation that they are incorporating.
Date: Thu Jan 30, 2014 12:26 pm ((PST))
I've always assumed that there's a "real dollar" influence to the holds and variance that the casinos set vis-a-vis the players for those machines. If you manage to hold $50 off a penny slot in 30 minutes you might have just blown grandma's budget for the whole trip, while that real dollar loss for a $5 player is less significant. I know that some people will reply that "a percentage is a percentage" but slot technology has come a long way, there has to be a time element to the range of std deviation that they are incorporating.
__._,_.___
| Reply via web post | Reply to sender | Reply to group | Start a New Topic | Messages in this topic (5) |
.
__,_._,___
