Risk of ruin for Slot machine
July 22nd, 2022 at 9:14:17 AM
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Is it possible to figure out the risk of ruin for a slot machine? If so what is the formula?
July 22nd, 2022 at 1:25:21 PM
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Any game with a house edge will be 100%.
Expectation is the root of all heartache.
July 22nd, 2022 at 1:59:05 PM
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The risk of losing a given dollar amount before hitting the jackpot
July 22nd, 2022 at 2:59:11 PM
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Quote: acura1234567890The risk of losing a given dollar amount before hitting the jackpot
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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.
July 22nd, 2022 at 9:10:02 PM
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I have the par sheet. What is the Risk of Ruin Formula? Also what is the Variability Index?
July 23rd, 2022 at 5:53:31 AM
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https://en.wikipedia.org/wiki/Gambler%27s_ruin
At my age, a "Life In Prison" sentence is not much of a deterrent.
July 23rd, 2022 at 8:07:51 AM
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Thanks Drich!
July 23rd, 2022 at 5:01:31 PM
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Quote: acura1234567890I have the par sheet. What is the Risk of Ruin Formula? Also what is the Variability Index?
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Can you share the table of probabilities of this machine?
September 30th, 2022 at 2:28:14 AM
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Playing this machine will quickly put you on the road to ruin:
5 Spins At $5,000 Per Spin!!!!! #Shorts
5 Spins At $5,000 Per Spin!!!!! #Shorts
