acura1234567890
acura1234567890
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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
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Dieter
July 22nd, 2022 at 1:25:21 PM permalink
Any game with a house edge will be 100%.
Itís a dog eat dog world. ÖOr maybe itís the other way around!
acura1234567890
acura1234567890
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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
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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.
At my age, a "Life In Prison" sentence is not much of a deterrent.
acura1234567890
acura1234567890
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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
At my age, a "Life In Prison" sentence is not much of a deterrent.
acura1234567890
acura1234567890
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July 23rd, 2022 at 8:07:51 AM permalink
Thanks Drich!
Dobrij
Dobrij
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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?
JackSpade
JackSpade
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September 30th, 2022 at 2:28:14 AM permalink
Playing this machine will quickly put you on the road to ruin:

5 Spins At $5,000 Per Spin!!!!! #Shorts
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