Casino Slot Analysis Simplified

Casino Slot Analysis Simplified PDF Author: Daniel Hansen
Publisher: CreateSpace
ISBN: 9781514356678
Category :
Languages : en
Pages : 140

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Book Description
Daniel Hansen has been in the tribal gaming industry since 1997. When attempting to train new people on slot accounting or even give a brief overview of slot accounting Daniel found only expensive and advanced statistical books, which held more information then a novice really required. This book you are about to read will focus on the very basics of slot accounting, settings, placement, and just how the day to day analysis works. A guide to the basic terms and numbers within the industry and how to apply those to understand a casino floor. It is designed for beginners and people who just want a basic understanding of what all the numbers mean. This is not for the advanced slot analyst, but for those who just want to learn the basics of how it all works and be able to have a conversation with the numbers. Author's Note: "I hope you enjoy this book, as slot accounting is one of my favorite things in the world to do, it is filled with nuisances and leaps of understanding that few other number based statistics have. It is a science and an art form all rolled into one, and it allows you to build and maintain a thing of beauty, a temple of gold."

Casino Slot Analysis Simplified

Casino Slot Analysis Simplified PDF Author: Daniel Hansen
Publisher: CreateSpace
ISBN: 9781514356678
Category :
Languages : en
Pages : 140

Get Book Here

Book Description
Daniel Hansen has been in the tribal gaming industry since 1997. When attempting to train new people on slot accounting or even give a brief overview of slot accounting Daniel found only expensive and advanced statistical books, which held more information then a novice really required. This book you are about to read will focus on the very basics of slot accounting, settings, placement, and just how the day to day analysis works. A guide to the basic terms and numbers within the industry and how to apply those to understand a casino floor. It is designed for beginners and people who just want a basic understanding of what all the numbers mean. This is not for the advanced slot analyst, but for those who just want to learn the basics of how it all works and be able to have a conversation with the numbers. Author's Note: "I hope you enjoy this book, as slot accounting is one of my favorite things in the world to do, it is filled with nuisances and leaps of understanding that few other number based statistics have. It is a science and an art form all rolled into one, and it allows you to build and maintain a thing of beauty, a temple of gold."

Slot Performance Analysis

Slot Performance Analysis PDF Author: William Dunn
Publisher:
ISBN: 9780692026427
Category :
Languages : en
Pages : 144

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Book Description


The Mathematics of Slots

The Mathematics of Slots PDF Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9731991409
Category : Games & Activities
Languages : en
Pages : 366

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Book Description
This eighth book of the author on gambling math presents in accessible terms the cold mathematics behind the sparkling slot machines, either physical or virtual. It contains all the mathematical facts grounding the configuration, functionality, outcome, and profits of the slot games. Therefore, it is not a so-called how-to-win book, but a complete, rigorous mathematical guide for the slot player and also for game producers, being unique in this respect. As it is primarily addressed to the slot player, its goal is to present practical applications of the mathematical models of slot games, in order to provide numerical results that a player can use as criteria for gaming decisions or just as information for any slot game and any predicted winning event. These results are focused on probability and expected value, these being the most important parameters for decisional criteria in slots. The book is packed with plenty of figures, tables, and formulas. The content is organized so that readers can skip the theoretical parts and go picking the practical results (numerical, in tables of values where possible, or ready-to-compute formulas) for the desired situation. The practical results are gathered in the last chapter, titled "Practical Applications and Numerical Results," the largest part of the book, for the most popular categories of slot machines, namely with 3, 5, 9, and 16 reels. Any other category of slot games is covered in the theoretical part of the book, where the general formulas apply not only to existing slot games, but also to possible future slot games of any design and configuration. The author does not just throw the slot mathematics to the audience and run away, but offers an ultimate practical contribution with the chapter "How to estimate the number of stops and the symbol distribution on a reel", a surprise for both players and producers, where one can see that mathematics provides players with some statistical methods as well as methods based on physical measurements for retrieving these missing data. Having these data along with the mathematical results of this book, anyone can generate the PAR sheet of any slot machine. In the last decade, mathematics has been taken more and more seriously into account in gaming, as being the essence that governs the games of chance and the only rigorous tool providing information on optimal play, where possible. For the popular game of slots, mathematics already fulfilled its duty by providing all the data that it can provide and that cannot be found on the display of the slot machines - it is all here in this book.

Slot Performance Analysis

Slot Performance Analysis PDF Author: William T. Dunn
Publisher:
ISBN:
Category : Slot machines
Languages : en
Pages : 140

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Book Description


Finding the Edge

Finding the Edge PDF Author: Olaf Vancura
Publisher: University of Nevada, Reno Bureau of Business & Economic Research
ISBN:
Category : Games & Activities
Languages : en
Pages : 472

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Book Description
This text gives information on the current status of gambling and the issues that arise with the existence of legal commercial gaming. It provides an analysis of a variety of gambling opportunities, including studies in sports and horse-race betting, video poker, roulette and craps.

Basics of Winning Slots

Basics of Winning Slots PDF Author: J. Edward Allen
Publisher: Cardoza Publishing
ISBN: 1580424139
Category : Games & Activities
Languages : en
Pages : 43

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Book Description
Slots is the casinos most popular casino game and their largest source of profit. You'll learn the basics of play, how to find the machines and casinos with the most frequent and largest payoffs, the different types of machines, and the history of slots. Includes insider advice on how to avoid losing machines and how to find the most profitable machines. Includes a glossary and money management advice. 64 pages

Risk and Reward

Risk and Reward PDF Author: N. Richard Werthamer
Publisher: Springer Science & Business Media
ISBN: 1441902538
Category : Mathematics
Languages : en
Pages : 144

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Book Description
For decades, casino gaming has been steadily increasing in popularity worldwide. Blackjack is among the most popular of the casino table games, one where astute choices of playing strategy can create an advantage for the player. RISK AND REWARD analyzes the game in depth, pinpointing not just its optimal strategies but also its financial performance, in terms of both expected cash flow and associated risk. The book begins by describing the strategies and their performance in a clear, straightforward style. The presentation is self-contained, non-mathematical, and accessible to readers at all levels of playing skill, from the novice to the blackjack expert. Careful attention is also given to simplified, but still nearly optimal strategies that are easier to use in a casino. Unlike other books in the literature the author then derives each aspect of the strategy mathematically, to justify its claim to optimality. The derivations mostly use algebra and calculus, although some require more advanced analysis detailed in supporting appendices. For easy comprehension, formulae are translated into tables and graphs through extensive computation. This book will appeal to everyone interested in blackjack: those with mathematical training intrigued by its application to this popular game as well as all players seeking to improve their performance.

Addiction by Design

Addiction by Design PDF Author: Natasha Dow Schüll
Publisher: Princeton University Press
ISBN: 0691127557
Category : Computers
Languages : en
Pages : 457

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Book Description
machines stems from the consumer, the product, or the interplay between the two. --

Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words

Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words PDF Author: David G. Schwartz
Publisher: Gambling Studies
ISBN: 9781939546111
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Slot machines are the backbone of most casinos. They earn the most money and determine the physical layout of the casino floor. The management of slot machines, which includes overseeing employees, selecting machines, designing the playing space, resolving customer disputes, and conducting analyses to improve operations, is a challenging field whose complexity has grown as the machines themselves have become more sophisticated. To better document the current issues in slot management--and the change the field has seen over the past four decades--the University of Nevada, Las Vegas Center for Gaming Research conducted an oral history project. Those interviewed were at all stages of their careers. Drawn from these interviews, Tales from the Slot Floor features slot managers discussing several of the most important issues in today's casino world, including: the optimal layout of a slot floor; the qualities demonstrated by both good and bad managers; what customers want from their visits to the casino; the vendor/casino relationship; appealing to millennials; and what the future holds. In addition, those with long careers share their views on the changes they have seen, and all subjects offer their advice to those embarking on a career in slot management. For those interested in becoming slot managers, or those just curious about how casinos work, Tales from the Slot Floor gives you the inside story of slot operations, from those who do it.

Mathematics of The Big Four Casino Table Games

Mathematics of The Big Four Casino Table Games PDF Author: Mark Bollman
Publisher: CRC Press
ISBN: 1000423891
Category : Mathematics
Languages : en
Pages : 293

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Book Description
Mathematics is the basis of casino games, which are the bedrock of a $100 billion/year industry. Mathematics of the Big Four Casino Table Games: Blackjack, Baccarat, Craps, & Roulette takes an in-depth look at the four biggest table games in casinos: blackjack, baccarat, craps, and roulette. It guides readers through the mathematical principles that underpin these games and their different variations, providing insights that will be of huge interest to gamblers, casino managers, researchers, and students of mathematics. Features A valuable teaching resource, replete with exercises, for any course on gambling mathematics Suitable for a wide audience of professionals, researchers, and students Many practical applications for the gambling industry Mark Bollman is Professor of Mathematics and chair of the Department of Mathematics & Computer Science at Albion College in Albion, Michigan, and has taught 116 different courses in his career. Among these courses is "Mathematics of the Gaming Industry," where mathematics majors carefully study the math behind games of chance and travel to Las Vegas, Nevada, in order to compare theory and practice. He has also taken those ideas into Albion’s Honors Program in "Great Issues in Humanities: Perspectives on Gambling," which considers gambling from literary, philosophical, and historical points of view as well as mathematically. Mark has also authored Basic Gambling Mathematics: The Numbers Behind the Neon, Mathematics of Keno and Lotteries, and Mathematics of Casino Carnival Games.