Video Slots and the Future of the Slot Machine Industry

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The development of the slot machine sector from computerised machines to video slots and the increasing popularity of on-line gambling houses and mobile wagering open a world of possibilities for casino game designers to develop new kinds of game routines. In this new environment the potential of improved, even unlimited, player interaction arises. Game developers must grasp the transformation and create revolutionary games that produce the most of it. Appealing game ideas are required that will catch the interest of the gamblers by offering them new and thrilling possibilities, yet not too new and various that the players are alienated. Succeeding in attracting player attention and interest is important because of the size of the market. In the Uk, for example, wagering makes a substantial contribution to the economy with an estimated expenditure of 8,875 million pounds (point eight per-cent of United kingdom Gdp (Wagering Act, 2005)), of which £1.74 billion is made in costumer losses playing slot machines (Gaming Board, ‘05).

Slot require a matching mathematical model to produce sure the game is profitable and to correctly calculate the minimum casino advantage. In those games that the gambler has an input, the player’s optimal strategy must be worked out in order to calculate the min casino edge. Probability, Operational Research methods and Stochastic Processes are employed to construct these models. Great programming abilities are also required. If video slot machines slots are to enable games to be far more interactive these games could turn out to be far more sophisticated and, as a result, extra difficult to model. This is really a specialized job that only properly educated experts can do.