Slots and the Destiny of the Slot Machine Industry

The evolution of the slot machine sector from computer controlled machines to video slot machines and the increasing popularity of on line gambling establishments and mobile betting open a world of opportunities for game designers to create new kinds of game routines. In this new setting the possibility of improved, even unrestricted, player interaction develops. Casino game developers must embrace the transformation and develop progressive games that make the most of it. Attractive game ideas are needed which will catch the curiosity of the players by offering them new and exciting possibilities, yet not too new and different that the gamblers are alienated. Succeeding in gaining player attention and interest is crucial because of the size of the market. In the Great britain, for example, wagering makes a substantial contribution to the economy with an estimated expenditure of £8,875 million (0.8 percent of United kingdom Gdp (Wagering Act, ‘05)), of which £1.74 billion is made in costumer losses playing slot machine games (Gaming Board, 2005).

Slot machine will need a corresponding mathematical model to produce sure the game is profitable and to accurately compute the min house edge. In those games that the player has an input, the player’s optimal strategy must be computed in order to calculate the min casino edge. Probability, Operational Research methods and Stochastic Processes are employed to construct these models. Very good programming skills are also necessary. If video slots are to allow games to be extra interactive these games could turn out to be much more advanced and, as a result, far more hard to model. This is a specialized job that only properly educated experts can carry out.

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