Video Slots and the Destiny of the Slot Industry

The evolution of the slot industry from computerised slot machines to video slot machines and the growing popularity of on-line betting houses and mobile wagering open a world of possibilities for casino game designers to develop new varieties of casino game routines. In this new environment the possibility of improved, even limitless, gambler interaction develops. Casino game designers must grasp the transformation and create revolutionary games that make the most of it. Appealing game ideas are needed which will catch the interest of the players by offering them new and thrilling opportunities, yet not too new and diverse that the players are alienated. Succeeding in gaining gambler attention and interest is crucial because of the size of the market. In the Uk, for instance, wagering makes a significant contribution to the economy with an estimated expenditure of 8,875 million pounds (0.8 % of Great britain Gdp (Wagering Act, 2005)), of which 1.74 billion pounds is made in costumer losses playing slot machines (Gaming Board, '05).

Slot need a similar mathematical model to make certain the game is profitable and to accurately compute the minimum house advantage. In those games that the player has an input, the gambler's optimal method must be calculated to be able to calculate the min house edge. Probability, Operational Research techniques and Stochastic Processes are employed to develop these models. Good programming abilities are also necessary. If video slots are to permit games to be much more interactive these games could become a lot more advanced and, as a result, a lot more hard to model. This is a specialized work that only well trained pros can perform.

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