Help: Equation to Determine SD? Comments?
September 29th, 2010 at 2:30:58 AM
permalink
Double post: Inititally posted in the WRONG section. -Apologies MODS
Would appreciate feedback on the below:
I have a question: On a Slot that may be considered Medium to High Variance, what are the Odds of a result that is tabulated below? Is this within normal expectation or is this cause for concern. Also, if anyone could tell me the SD on the result id appreciate it.
Total Spins : 1843
Average Bet $20
Amount Wagered: $33, 860
RTP: 31.5%
Nate
Would appreciate feedback on the below:
I have a question: On a Slot that may be considered Medium to High Variance, what are the Odds of a result that is tabulated below? Is this within normal expectation or is this cause for concern. Also, if anyone could tell me the SD on the result id appreciate it.
Total Spins : 1843
Average Bet $20
Amount Wagered: $33, 860
RTP: 31.5%
Nate
September 29th, 2010 at 7:52:21 AM
permalink
No way to know the variance and mean RTP without seeing the par sheet. Also, any variation in wager amount throws off the normal calculations. Do you know the volatility index of the game?
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice."
-- Girolamo Cardano, 1563
September 29th, 2010 at 7:59:52 AM
permalink
Hi MathExtremist,
I could give the name of the Slot and the platform if that helps? What is a 'Par Sheet'? and how would i determine the volitility index of the game.
Forgive me, I am not very clued up with the above.
For the record, I was flat betting - $20 a Spin.
Thanks and Regards,
Nate
I could give the name of the Slot and the platform if that helps? What is a 'Par Sheet'? and how would i determine the volitility index of the game.
Forgive me, I am not very clued up with the above.
For the record, I was flat betting - $20 a Spin.
Thanks and Regards,
Nate
