Slot forecast - page 3. | Bitcointalksearch.org

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Kasabus on November 19, 2021, 06:15:50 AM

Quote from: Tellek Garing on November 19, 2021, 05:08:48 AM

Quote from: Sanitough on November 19, 2021, 04:46:13 AM

I think you misspelled the word forecast.

But according to the study, the house edge of a slot machine is around 5% to 10%, therefore there's no way you can win in the long run. This type of game is only good if you are lucky, or just trying to have fun, and that house edge will certainly make your forecast wrong most of the time.

Quote

The price is right
The house edge for slot machines typically falls between 5% and 10%, with most machines delivering a payback percentage in the 90% to 97% range. (If it's 90%, the casino's take—and the player's loss—is 10% of the coin in, for example.) But how can casino operators determine the best house advantage for their bottom line within that range? "It's really a pricing issue, because it's a unique product," said Lucas. "With real slots, the price isn't marked anywhere."

Source : https://arstechnica.com/science/2019/10/study-busts-popular-myth-that-gamblers-can-sense-differences-in-house-edge/

Thanks have corrected the misspelled words, but slot is based on skills even a 5% house edge is enough to make the players sufficiently equip with skills if not if a player depends on luck as you said it be practically impossible to win a slot game most especially when it against the house. But again if one is just playing for the fun of the game you can easily look away from the loses and continue to lose to the house edge. But if a probably fair system is in place a player may win sometimes.

They say it's based on skills but actually only gamblers who know how to cheat won the slots. Slots are programmed by computers, the house edge is high, therefore it's hard to convince me that it's won by skills. If Slots is based on skills then probably is also based on skills, a dice game has a 1% house edge and yet we are still losing in the long run.

I don't think slots require skills to win because there's just a small chance of winning here and there's no specific and effective strategy that we could apply to it. It's a pure luck game for me since the result isn't really predictable and there's no consistent sequence.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Sanitough on November 19, 2021, 04:46:13 AM

I think you misspelled the word forecast.

But according to the study, the house edge of a slot machine is around 5% to 10%, therefore there's no way you can win in the long run. This type of game is only good if you are lucky, or just trying to have fun, and that house edge will certainly make your forecast wrong most of the time.

If you have a poll here I don't think it will win against dice or any other games of luck the house edge is just too high compared to popular luck-based games, I have bad experience playing on a slot, I was 10 losses out of 10, that is why I never play that game again, I prefer playing crash game or dice when it comes to luck-based games where my chances are good.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: RILWAN on November 19, 2021, 12:27:39 PM

Quote from: michellee on November 19, 2021, 07:39:18 AM

It can not give an accurate forecast as slot games are one of the gambling games based on the luck factor so the player can only play and use their strategy or modify the other strategy to find out which strategy can give them a chance to win. Although they can have a strategy that works for them to win, that will not be able to work many times because the algorithm of the games can change at any time. About provably fair, we do not know about that so maybe we can only guess and hope that the casino is fair for the player.

It is hard to make an accurate forecast on slot because the outcome is always unpredictable, what a player can do is to develop skills that can aid the player to win against the house which is at a minimal level.

I will only consider that we can make the closest forecast on the slot that will almost hit what we want but to have an accurate forecast, maybe that is about having luck in the slot games. It is better to win some money from the house and then leave the games rather than continue playing for other rounds because that will not guarantee more winnings. The strategy only helps us sometimes but not most of the time so we need to know when to stop playing the games before it is too late.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

Lol, you are saying dice outcome can be easily predicted? Not sure what dice are you playing... but I am sure you are not gambling. If anyone could predict the outcome of the dice, the casino would end up going bankrupt. Users would clean the house. And it wouldn't be called gambling. Not only dice, you can't "forecast" any of the gambling games. If the provably fair system works in the favor of the house, then the casino you are talking about is scamming people. I guess you are talking about the "house edge" not the "provably fair system".

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

The slot game is based on luck because the program gives an automatically random pattern, and some instances have the small odds of chancing to win. This is the reason why I'm not a fan of slot games because it the chance of getting a profit is too close to impossible like its all about your faith to win on this game. I'd rather to choose skill base games than slot game. Dice game if this is a machine game its not ideal to play for me but if this needs the essence of the human-like throwing the dice there's a chance you change the odds of the win.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house.

That's not actually a problem. It's been ages already where gamblers already know that slots are unpredictable nor a strategy can save their asses winning on that kind of gambling. Most gamblers not really thinking that way but just waiting for their turn that someday that big winning will be on their own hands.

For some experienced online gamblers, RTP is what they are looked at. For physical ones, layout, and looks.

The bottom line, gamblers play slots regardless if they aren't able to see the outcome (as it was impossible) or how provably fair works.

Fatunad

sr. member

Activity: 2296

Merit: 360

Quote from: Kyraishi on November 19, 2021, 06:02:10 PM

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

That's why I only play provably fair slots.

They exist, but they're just not as fancy as the slots that NetEnt or Evolution offers.

They generally have much better RTP as well which is an added bonus. I simply don't trust the 'random' nature of non-provably fair games.

Would you mind on mentioning out those slots that werent provably fair on the first place? Its unlikely for some providers do really ending up on having non-provably fair slots
but on general sense i would simply step on into those famous providers out there which you could already presume out that theyre fair and good.
Im not really that keen on verifying out since slots do still always end up on loss most of the time.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

And can you predict dice outcomes?

Dice is just as random as slots if that is what you're wondering.

And no, there is no way that you are able to actually profit off slots in the long run, because the RTP to the player is always going to be <100% for the sake of the profitability of the house! It's all inbuilt to the game and there is nothing wrong with that.

Kyraishi

hero member

Activity: 952

Merit: 513

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

That's why I only play provably fair slots.

They exist, but they're just not as fancy as the slots that NetEnt or Evolution offers.

They generally have much better RTP as well which is an added bonus. I simply don't trust the 'random' nature of non-provably fair games.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

That is why I seldom play slots it's unpredictable if you just want to rely all of your bet on luck then the slot is for you, but if you have a strategy on your betting dice, mine and crash games and sports betting are the games to choose, Slot is an easy cash cow for gambling operators online and offline, many offline casinos have sets of slots positioned in a place that visitors can easily see because it's easy to lose here.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

slots and dice are two traditional games for those who don't want to put in too much effort when placing their bets. just press a button and be lucky.
Slot machines feature a greater variety of combinations, which is why it's so famous. most sites also invest heavily in site look, animations, and bonus extra plays, which helps to attract players' attention to this type of bet.

And I disagree that slot machine bets cannot be verified, as if the site does everything correctly it is possible to verify.

MrcMrc

member

Activity: 518

Merit: 45

Quote from: Findingnemo on November 19, 2021, 10:42:18 AM

Its literally a game which doesn't need any skills to get the outcome so its pure luck which always decides the results and there are lot of different types of slots but everything is almost similar in long run you will lose your money. Cheesy

But again despite slot being luck base game some level of skills is also required to win the game. The house edge may be high and players may need additional skills to aid they winning.

johhnyUA

legendary

Activity: 2436

Merit: 1849

Crypto for the Crypto Throne!

Quote from: sikke on November 19, 2021, 04:24:40 PM

He's talking about whether or not the game is provably fair.

For a lot of slots they are not provably fair but they are regulated by governments. So whether or not you trust that is up to you.

The same dice and slots can be provably fair man. You can easy count all probable outcomes in dice and slots and hash them to show later (big simplification of provably fair process). So even in such point of view there is no difference between them.

sikke

sr. member

Activity: 504

Merit: 250

Quote from: johhnyUA on November 19, 2021, 04:21:11 PM

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

Eeeeeeeeeeeeeeeeemmmmm. What? Huh

The dice and slots are statically predictable games, like i know, that on long term the chance to get "6" from dice is 1/6. The same story with slots. I don't know exact amount of slot machine images, but i know that probability will be ratio between all outcomes and binomial coefficient of needed outcome (like n/m where m is all outcomes)

So i can't get why OP think in that way.

He's talking about whether or not the game is provably fair.

For a lot of slots they are not provably fair but they are regulated by governments. So whether or not you trust that is up to you.

I definitely prefer dice because of this aspect. If a company wanted to rig a game it would be super easy for slots.

johhnyUA

legendary

Activity: 2436

Merit: 1849

Crypto for the Crypto Throne!

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

Eeeeeeeeeeeeeeeeemmmmm. What? Huh

The dice and slots are statically predictable games, like i know, that on long term the chance to get "6" from dice is 1/6. The same story with slots. I don't know exact amount of slot machine images, but i know that probability will be ratio between all outcomes and binomial coefficient of needed outcome (like n/m where m is all outcomes)

So i can't get why OP think in that way.

madnessteat

legendary

Activity: 2310

Merit: 2073

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

You can never give an accurate prediction in any game of chance. Even by flipping a coin the chance of guessing a side on the flip will always be 1/2.

Naturally, the playground always has an advantage over the player because it requires funds for its maintenance and this advantage exists in every game.

maju69

full member

Activity: 1008

Merit: 104

Slots are one of those games that we really can't predict victory here because it's pure luck.
although many people say through certain ways or tricks to win but in the end it still comes back to the luck we have.
The mechanics of the didadam have been arranged in such a way to benefit the dealer and that's for sure because this game is different from predictable dice and roulette.

Fatunad

sr. member

Activity: 2296

Merit: 360

Quote from: Tellek Garing on November 19, 2021, 03:34:32 AM

Slot is one of the most preferred gaming game in most casino houses and online gambling platforms but one of it major defector is the fact that players can not give an accurate forecast of the outcome of the game and how the probably fair system works in favor of the house. Apart from dice that it outcome can easily be predicted slot on the other hand is unpredictable.

House Edge of course it falls between 5-10% which it isnt really surprising that most players do lost in the end of the line.
https://arstechnica.com/science/2019/10/study-busts-popular-myth-that-gamblers-can-sense-differences-in-house-edge/
This is talking about physical slots.

This one is also worth to read.
https://www.canadiancasinos.ca/what-is-rtp-or-house-edge-in-online-slots/

ryzaadit

legendary

Activity: 2688

Merit: 1262

Quote from: cryptomaniac_xxx on November 19, 2021, 04:42:35 AM

-snip-

@OP mean is, for non provably fair slot.

So, most the time we can't verify did the "RTP" is the same like they are told on the site. You only can trust the casino & provider it self, so sometime user is really sceptical about the RTP they're playing even the casino already provider the information RTP.

RILWAN

member

Activity: 742

Merit: 12

Global peace initiative

Quote from: michellee on November 19, 2021, 07:39:18 AM

It can not give an accurate forecast as slot games are one of the gambling games based on the luck factor so the player can only play and use their strategy or modify the other strategy to find out which strategy can give them a chance to win. Although they can have a strategy that works for them to win, that will not be able to work many times because the algorithm of the games can change at any time. About provably fair, we do not know about that so maybe we can only guess and hope that the casino is fair for the player.

It is hard to make an accurate forecast on slot because the outcome is always unpredictable, what a player can do is to develop skills that can aid the player to win against the house which is at a minimal level.

Topic: Slot forecast - page 3. (Read 470 times)