Not a fixed RTP - at least, not in Nevada - but a "theoretical" minimum payout of 75%.Quote: manydrumsI know that slot machines must meet an RTP
This regulation applies to VP as well as to slot machines.Quote: Nevada Gaming Regulation 14.010(1)All gaming devices submitted for approval must theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
Quote: ThatDonGuyNot a fixed RTP - at least, not in Nevada - but a "theoretical" minimum payout of 75%.
This regulation applies to VP as well as to slot machines.Quote: Nevada Gaming Regulation 14.010(1)All gaming devices submitted for approval must theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
I wonder how this is defined for VP... Does it assume any player competency?
I can imagine playing a VP machine and deliberately trying to create losing hands that that will result a payout of less than 75%, but of course a non-lottery VP machine isn't going to behave any differently because of it.
Even if a player DID deliberately try to lose, such action wouldnt move the needle much - unless it was a brand new machine with no other history, and a very determined loser.Quote: ECoasterI wonder how this is defined for VP... Does it assume any player competency?
I can imagine playing a VP machine and deliberately trying to create losing hands that that will result a payout of less than 75%, but of course a non-lottery VP machine isn't going to behave any differently because of it.
I was told that it was based on how an average group of players would play. I seem to remember being told they used test groups. Along with the min theoretical payback of 75%, an avrage group of people would need to be able to achieve at least 75% as well. From my understanding, they could not have a game that is so complicated an avrage group wouldn't be able to obtain at least 75%, no matter how high the theoretical payback is. I don't know how skill gaming addresses all this.Quote: ECoasterQuote: ThatDonGuyNot a fixed RTP - at least, not in Nevada - but a "theoretical" minimum payout of 75%.
This regulation applies to VP as well as to slot machines.Quote: Nevada Gaming Regulation 14.010(1)All gaming devices submitted for approval must theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
I wonder how this is defined for VP... Does it assume any player competency?
I can imagine playing a VP machine and deliberately trying to create losing hands that that will result a payout of less than 75%, but of course a non-lottery VP machine isn't going to behave any differently because of it.
Quote: ECoasterQuote: ThatDonGuyNot a fixed RTP - at least, not in Nevada - but a "theoretical" minimum payout of 75%.
This regulation applies to VP as well as to slot machines.Quote: Nevada Gaming Regulation 14.010(1)All gaming devices submitted for approval must theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
I wonder how this is defined for VP... Does it assume any player competency?
I can imagine playing a VP machine and deliberately trying to create losing hands that that will result a payout of less than 75%, but of course a non-lottery VP machine isn't going to behave any differently because of it.
The law states that the manufacturer can assume that the player always acts in his/her best interest... meaning that they play perfectly.
How does always acting in their best interest = that they play perfectly? This would suggest they could make a 75% game that was so complicated that almost no one could achieve 75%. I interpret it as... the manufacturer can assume people won't purposely try to lose or be complete idiots.Quote: rsactuaryQuote: ECoasterQuote: ThatDonGuyNot a fixed RTP - at least, not in Nevada - but a "theoretical" minimum payout of 75%.
This regulation applies to VP as well as to slot machines.Quote: Nevada Gaming Regulation 14.010(1)All gaming devices submitted for approval must theoretically pay out a mathematically demonstrable percentage of all amounts wagered, which must not be less than 75 percent for each wager available for play on the device.
I wonder how this is defined for VP... Does it assume any player competency?
I can imagine playing a VP machine and deliberately trying to create losing hands that that will result a payout of less than 75%, but of course a non-lottery VP machine isn't going to behave any differently because of it.
The law states that the manufacturer can assume that the player always acts in his/her best interest... meaning that they play perfectly.
I know its probably a moot point since they want people to keep playing and not actully feel like they are being raped.