acura1234567890
acura1234567890
Joined: Sep 4, 2018
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July 22nd, 2022 at 9:14:17 AM permalink
Is it possible to figure out the risk of ruin for a slot machine? If so what is the formula?
camapl
camapl
Joined: Jun 22, 2010
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Dieter
July 22nd, 2022 at 1:25:21 PM permalink
Any game with a house edge will be 100%.
* Actual results may vary.
acura1234567890
acura1234567890
Joined: Sep 4, 2018
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July 22nd, 2022 at 1:59:05 PM permalink
The risk of losing a given dollar amount before hitting the jackpot
DRich
DRich
Joined: Jul 6, 2012
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Thanks for this post from:
Dieter
July 22nd, 2022 at 2:59:11 PM permalink
Quote: acura1234567890

The risk of losing a given dollar amount before hitting the jackpot
link to original post



It is not possible unless you have the probabilities of each individual outcome. If you have access to a PAR sheet you may be able to figure it out.
Order from chaos
acura1234567890
acura1234567890
Joined: Sep 4, 2018
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July 22nd, 2022 at 9:10:02 PM permalink
I have the par sheet. What is the Risk of Ruin Formula? Also what is the Variability Index?
DRich
DRich
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July 23rd, 2022 at 5:53:31 AM permalink
https://en.wikipedia.org/wiki/Gambler%27s_ruin
Order from chaos
acura1234567890
acura1234567890
Joined: Sep 4, 2018
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July 23rd, 2022 at 8:07:51 AM permalink
Thanks Drich!
Dobrij
Dobrij
Joined: Jun 6, 2012
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July 23rd, 2022 at 5:01:31 PM permalink
Quote: acura1234567890

I have the par sheet. What is the Risk of Ruin Formula? Also what is the Variability Index?
link to original post



Can you share the table of probabilities of this machine?

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