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Electronic Slots and the Future of the Slot Industry

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The evolution of the slot machine industry from computer controlled slot machines to video slots and the increasing popularity of on line betting houses and mobile wagering open a world of opportunities for casino game designers to develop new types of game routines. In this new setting the possibility of improved, even unrestricted, gambler interaction occurs. Casino game developers must grasp the transformation and develop revolutionary games that produce the most of it. Attractive game ideas are needed that will catch the interest of the players by offering them new and exciting possibilities, yet not too new and unique that the gamblers are alienated. Succeeding in attracting player attention and interest is critical because of the size of the market. In the United kingdom, as an example, gambling makes a substantial contribution to the economy with an estimated expenditure of £8,875 million (0.8 % of United kingdom Gross domestic product (Wagering Act, '05)), of which 1.74 billion pounds is made in costumer losses playing slot machines (Gaming Board, '05).

Slot will need a similar mathematical model to produce sure the casino game is profitable and to accurately determine the minimum casino advantage. In those games that the player has an input, the player's optimal technique must be calculated in order to calculate the minimum house advantage. Probability, Operational Research methods and Stochastic Processes are utilized to construct these models. Great programming abilities are also required. If video slots are to enable games to be much more interactive these games could become a lot more advanced and, consequently, a lot more challenging to model. This is really a specialised work that only well trained pros can do.

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