New VP game I've developed--Analysis needed

After years of playing semi-advantage VP in vegas and not being able to win more than 1000$ for my 5 quarter bet on any one hand, and being jealous of the person 8 feet away from me having a chance to win 500,000$ for a 3-quarter slot bet, I decided to develop my own VP game.

4 years later, I have Beta Software and a patent in the works. I've done some math calculations, and come up with a house advantage of about 2%, and the player has a chance to literally win multiple million coins. I, however, am not a computer programmer (well, I was in the Fortran days!) but was a math major for a while. I am curious as to how to find someone to compute the odds of 'jackpotting', and house advantage on this game. Anyone who would be willing to analyze this game is welcome to contact me. I am not *expecting* a 'free' analysis. Thanks.

I don't have the time, otherwise I might consider it. Have a look at the other gaming mathematicians I recommend here.

Quote: blackactiongaming

After years of playing semi-advantage VP in vegas and not being able to win more than 1000$ for my 5 quarter bet on any one hand, and being jealous of the person 8 feet away from me having a chance to win 500,000$ for a 3-quarter slot bet, I decided to develop my own VP game...

Sorry my math skills fail me even before I get to all ten fingers!

However, I do want to comment on the abvove text. When I first read your post, my immediate thought was "well, why don't you just move to that machine that is 8 feet away from you?". Then I realized that you were differentiating between a video poker machine and a slot machine that offered a potential payout that was 500 times the highest payout on your machine.

I think this is where Vegas really makes its money. People look for a humungous payout even if the odds are very low. This is why lotteries succeed. Sure the slot machines dribble a few quarters back every now and then and sure they offer dazzling graphics and use the word 'free' and 'bonus' alot so as to make the player think he is getting something.

I don't know how you intend to market your game though. My understanding is that the "eight foot distant slot machine" has a house edge of 8 to 12 percent. Yet you want the casino to buy your VP machine which will have a house edge of 2 percent and expose them to a mega payout potential.

The casino already has a supply of sheep who show up with a bucket of quarters and play 3 of them at a time. What is the advantage to the casino to having that player start puting 5 of those quarters into your machine?

Sure I wish you luck with it, but from my understanding of what the casino's viewpoint would be, I don't see them as being particularly interested in it. What am I missing?

Quote: FleaStiff

I think this is where Vegas really makes its money. People look for a humungous payout even if the odds are very low.

It's one way. There are all sorts of games because there are all sorts of players. In general, slot play is the biggest money maker -- but many slots pay back over 90%. Keno has the highest house edge and highest payouts at most casinos, but contributes very little profit because so few play it and it is so slow. Games with a high top payout attract one type of player, less volatile games another. Each makes its share.

Also, new video poker games are coming into the casinos at a blistering pace. The typical VP game has a house edge about 0.5% to about 4% with optimal play, depending on the pay schedule. There is no shortage of floor space available for a novel VP game that may get some action. If the VP game has the potential to drive incremental revenue and is designed well, it will get a chance.

Quote: FleaStiff

I don't see them as being particularly interested in it. What am I missing?

When's the last time you met with a director of slot operations and had a coversation about VP?

--Dorothy

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I few hours ago I indicated that I was interested. However, I subsequently agreed to to a web project. This means that I must withdraw from consideration for your VP project. Sorry.