Casino Slot Analysis Simplified

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Casino Slot Analysis Simplified

Author : Daniel Hansen
Publisher : CreateSpace
ISBN 13 : 9781514356678
Total Pages : 140 pages
Book Rating : 4.3/5 (566 download)

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Book Synopsis Casino Slot Analysis Simplified by : Daniel Hansen

Download or read book Casino Slot Analysis Simplified written by Daniel Hansen and published by CreateSpace. This book was released on 2015-06-08 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daniel Hansen has been in the tribal gaming industry since 1997. When attempting to train new people on slot accounting or even give a brief overview of slot accounting Daniel found only expensive and advanced statistical books, which held more information then a novice really required. This book you are about to read will focus on the very basics of slot accounting, settings, placement, and just how the day to day analysis works. A guide to the basic terms and numbers within the industry and how to apply those to understand a casino floor. It is designed for beginners and people who just want a basic understanding of what all the numbers mean. This is not for the advanced slot analyst, but for those who just want to learn the basics of how it all works and be able to have a conversation with the numbers. Author's Note: "I hope you enjoy this book, as slot accounting is one of my favorite things in the world to do, it is filled with nuisances and leaps of understanding that few other number based statistics have. It is a science and an art form all rolled into one, and it allows you to build and maintain a thing of beauty, a temple of gold."

Slot Performance Analysis

Author : William Dunn
Publisher :
ISBN 13 : 9780692026427
Total Pages : 144 pages
Book Rating : 4.0/5 (264 download)

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Book Synopsis Slot Performance Analysis by : William Dunn

Download or read book Slot Performance Analysis written by William Dunn and published by . This book was released on 2014-04-28 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Mathematics of Slots

Author : Catalin Barboianu
Publisher : INFAROM Publishing
ISBN 13 : 9731991409
Total Pages : 366 pages
Book Rating : 4.7/5 (319 download)

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Book Synopsis The Mathematics of Slots by : Catalin Barboianu

Download or read book The Mathematics of Slots written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2013 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eighth book of the author on gambling math presents in accessible terms the cold mathematics behind the sparkling slot machines, either physical or virtual. It contains all the mathematical facts grounding the configuration, functionality, outcome, and profits of the slot games. Therefore, it is not a so-called how-to-win book, but a complete, rigorous mathematical guide for the slot player and also for game producers, being unique in this respect. As it is primarily addressed to the slot player, its goal is to present practical applications of the mathematical models of slot games, in order to provide numerical results that a player can use as criteria for gaming decisions or just as information for any slot game and any predicted winning event. These results are focused on probability and expected value, these being the most important parameters for decisional criteria in slots. The book is packed with plenty of figures, tables, and formulas. The content is organized so that readers can skip the theoretical parts and go picking the practical results (numerical, in tables of values where possible, or ready-to-compute formulas) for the desired situation. The practical results are gathered in the last chapter, titled "Practical Applications and Numerical Results," the largest part of the book, for the most popular categories of slot machines, namely with 3, 5, 9, and 16 reels. Any other category of slot games is covered in the theoretical part of the book, where the general formulas apply not only to existing slot games, but also to possible future slot games of any design and configuration. The author does not just throw the slot mathematics to the audience and run away, but offers an ultimate practical contribution with the chapter "How to estimate the number of stops and the symbol distribution on a reel", a surprise for both players and producers, where one can see that mathematics provides players with some statistical methods as well as methods based on physical measurements for retrieving these missing data. Having these data along with the mathematical results of this book, anyone can generate the PAR sheet of any slot machine. In the last decade, mathematics has been taken more and more seriously into account in gaming, as being the essence that governs the games of chance and the only rigorous tool providing information on optimal play, where possible. For the popular game of slots, mathematics already fulfilled its duty by providing all the data that it can provide and that cannot be found on the display of the slot machines - it is all here in this book.

Basics of Winning Slots

Author : J. Edward Allen
Publisher : Cardoza Publishing
ISBN 13 : 1580424139
Total Pages : 43 pages
Book Rating : 4.5/5 (84 download)

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Book Synopsis Basics of Winning Slots by : J. Edward Allen

Download or read book Basics of Winning Slots written by J. Edward Allen and published by Cardoza Publishing. This book was released on with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slots is the casinos most popular casino game and their largest source of profit. You'll learn the basics of play, how to find the machines and casinos with the most frequent and largest payoffs, the different types of machines, and the history of slots. Includes insider advice on how to avoid losing machines and how to find the most profitable machines. Includes a glossary and money management advice. 64 pages

Finding the Edge

Author : Olaf Vancura
Publisher : University of Nevada, Reno Bureau of Business & Economic Research
ISBN 13 :
Total Pages : 472 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Finding the Edge by : Olaf Vancura

Download or read book Finding the Edge written by Olaf Vancura and published by University of Nevada, Reno Bureau of Business & Economic Research. This book was released on 2000 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text gives information on the current status of gambling and the issues that arise with the existence of legal commercial gaming. It provides an analysis of a variety of gambling opportunities, including studies in sports and horse-race betting, video poker, roulette and craps.

Risk and Reward

Author : N. Richard Werthamer
Publisher : Springer Science & Business Media
ISBN 13 : 1441902538
Total Pages : 144 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Risk and Reward by : N. Richard Werthamer

Download or read book Risk and Reward written by N. Richard Werthamer and published by Springer Science & Business Media. This book was released on 2009-07-07 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, casino gaming has been steadily increasing in popularity worldwide. Blackjack is among the most popular of the casino table games, one where astute choices of playing strategy can create an advantage for the player. RISK AND REWARD analyzes the game in depth, pinpointing not just its optimal strategies but also its financial performance, in terms of both expected cash flow and associated risk. The book begins by describing the strategies and their performance in a clear, straightforward style. The presentation is self-contained, non-mathematical, and accessible to readers at all levels of playing skill, from the novice to the blackjack expert. Careful attention is also given to simplified, but still nearly optimal strategies that are easier to use in a casino. Unlike other books in the literature the author then derives each aspect of the strategy mathematically, to justify its claim to optimality. The derivations mostly use algebra and calculus, although some require more advanced analysis detailed in supporting appendices. For easy comprehension, formulae are translated into tables and graphs through extensive computation. This book will appeal to everyone interested in blackjack: those with mathematical training intrigued by its application to this popular game as well as all players seeking to improve their performance.

Slot Performance Analysis

Author : William T. Dunn
Publisher :
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.:/5 (972 download)

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Book Synopsis Slot Performance Analysis by : William T. Dunn

Download or read book Slot Performance Analysis written by William T. Dunn and published by . This book was released on 2012 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Slot Secrets

Author : Anthony Tyler Alexander
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (334 download)

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Book Synopsis Slot Secrets by : Anthony Tyler Alexander

Download or read book Slot Secrets written by Anthony Tyler Alexander and published by Independently Published. This book was released on 2024-07-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the thrilling world of slot machines in this comprehensive guide. Whether you are a novice or an experienced player, this book offers essential insights into understanding, choosing, and maximizing your slot machine experience. Explore the basics and history of slots, learn how to select the right machines, and read game rules with confidence. Gain practical tips on bankroll management, understanding volatility, and identifying high-payout machines. The book also debunk common myths, promote responsible gambling, and detail the benefits of bonuses and rewards. With strategies for winning and enhancing your casino experience, this guide empowers you to make informed choices and enjoy the excitement of slots. Perfect for gambling enthusiasts looking to elevate their gameplay, this informative and engaging read is a must-have for anyone venturing into the casino world.

Basic Gambling Mathematics

Author : Mark Bollman
Publisher : CRC Press
ISBN 13 : 1482208938
Total Pages : 285 pages
Book Rating : 4.4/5 (822 download)

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Book Synopsis Basic Gambling Mathematics by : Mark Bollman

Download or read book Basic Gambling Mathematics written by Mark Bollman and published by CRC Press. This book was released on 2014-06-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the Math Underlying Some of Your Favorite Gambling Games Basic Gambling Mathematics: The Numbers Behind the Neon explains the mathematics involved in analyzing games of chance, including casino games, horse racing, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. The book begins with a brief historical introduction and mathematical preliminaries before developing the essential results and applications of elementary probability, including the important idea of mathematical expectation. The author then addresses probability questions arising from a variety of games, including roulette, craps, baccarat, blackjack, Caribbean stud poker, Royal Roulette, and sic bo. The final chapter explores the mathematics behind "get rich quick" schemes, such as the martingale and the Iron Cross, and shows how simple mathematics uncovers the flaws in these systems.

Finding the Edge

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Finding the Edge by :

Download or read book Finding the Edge written by and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Addiction by Design

Author : Natasha Dow Schüll
Publisher : Princeton University Press
ISBN 13 : 0691127557
Total Pages : 457 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Addiction by Design by : Natasha Dow Schüll

Download or read book Addiction by Design written by Natasha Dow Schüll and published by Princeton University Press. This book was released on 2012 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: machines stems from the consumer, the product, or the interplay between the two. --

Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words

Author : David G. Schwartz
Publisher : Gambling Studies
ISBN 13 : 9781939546111
Total Pages : 0 pages
Book Rating : 4.5/5 (461 download)

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Book Synopsis Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words by : David G. Schwartz

Download or read book Tales from the Slot Floor, Volume 1: Casino Slot Managers in Their Own Words written by David G. Schwartz and published by Gambling Studies. This book was released on 2018-06-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slot machines are the backbone of most casinos. They earn the most money and determine the physical layout of the casino floor. The management of slot machines, which includes overseeing employees, selecting machines, designing the playing space, resolving customer disputes, and conducting analyses to improve operations, is a challenging field whose complexity has grown as the machines themselves have become more sophisticated. To better document the current issues in slot management--and the change the field has seen over the past four decades--the University of Nevada, Las Vegas Center for Gaming Research conducted an oral history project. Those interviewed were at all stages of their careers. Drawn from these interviews, Tales from the Slot Floor features slot managers discussing several of the most important issues in today's casino world, including: the optimal layout of a slot floor; the qualities demonstrated by both good and bad managers; what customers want from their visits to the casino; the vendor/casino relationship; appealing to millennials; and what the future holds. In addition, those with long careers share their views on the changes they have seen, and all subjects offer their advice to those embarking on a career in slot management. For those interested in becoming slot managers, or those just curious about how casinos work, Tales from the Slot Floor gives you the inside story of slot operations, from those who do it.

Casino Operations Management

Author : Jim Kilby
Publisher : Wiley
ISBN 13 : 0470073640
Total Pages : 416 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Casino Operations Management by : Jim Kilby

Download or read book Casino Operations Management written by Jim Kilby and published by Wiley. This book was released on 2006-06-12 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complete guidance to the ins and outs of gaming operations Management personnel need a thorough understanding of the business side of the casino industry to ensure profits???and to avoid losses. It's a sure bet that Casino Operations Management, Second Edition will help current and future gaming management professionals better serve any casino. Written by experts with over 65 years of combined experience in the field, this Second Edition offers all the critical skills and know-how to equip gaming and casino operators with the knowledge needed for the management office, cage operations, and table game and slot operations. This updated edition features detailed coverage of: Current high-roller marketing tactics and their effect on profitability The effect of popular money management systems on casino profits The initial development process of an Indian casino Studies designed to identify the patronage motives of gamblers, including those of riverboat customers Slot club design: player rating issues, point accumulation schemes, and more Principles of casino floor design: managing table game and slot location Studies designed to measure the profit contribution of popular slot promotions Casino Operations Management, Second Edition uses simplified mathematics and statistics throughout, and provides readers with a thorough understanding of all aspects of the casino industry business. It is a must-have reference for students and casinos that develop managers internally.

Trade Like a Casino

Author : Richard L. Weissman
Publisher : John Wiley & Sons
ISBN 13 : 1118137965
Total Pages : 293 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Trade Like a Casino by : Richard L. Weissman

Download or read book Trade Like a Casino written by Richard L. Weissman and published by John Wiley & Sons. This book was released on 2011-09-02 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed look at the common characteristics found in most successful traders While there are a variety of approaches to trading in the financial markets, profitable traders tend to share similar underlying characteristics. Most have a methodology that they believe will prove profitable over the long run and are willing to endure short-term setbacks. If you're looking to make the most of your time in today's markets, you need to understand what separates the best from the rest. And with Trade Like a Casino, you'll gain the knowledge needed to excel at this challenging endeavor. Engaging and informative, this reliable guide identifies and explains the key techniques and mental processes characteristic of successful traders. It reveals that successful traders operate very much like a casino in that they develop a method that gives them "positive expectancy" and they unflappably implement the method in the face of changing, and oftentimes volatile, market conditions. Page by page, the book explores the intricacies of methodology, mental control, and flexibility that allow traders to develop and maintain the casino-like edge. Reveals how many successful traders tend to follow the same general principles, even if their approach to trading may differ Explores how to account for the risk of being wrong and the market moving against you Discusses how to develop an approach that combines trade selection with sound risk management, avoids emotional attachment to positions, exploits volatility cycles, and focuses on market action Regardless of how you approach markets, the insights found here will help improve the way you trade by putting you in a better position to distinguish the differences between successful and unsuccessful traders.

Mathematics of The Big Four Casino Table Games

Author : Mark Bollman
Publisher : CRC Press
ISBN 13 : 1000423891
Total Pages : 293 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Mathematics of The Big Four Casino Table Games by : Mark Bollman

Download or read book Mathematics of The Big Four Casino Table Games written by Mark Bollman and published by CRC Press. This book was released on 2021-08-20 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematics is the basis of casino games, which are the bedrock of a $100 billion/year industry. Mathematics of the Big Four Casino Table Games: Blackjack, Baccarat, Craps, & Roulette takes an in-depth look at the four biggest table games in casinos: blackjack, baccarat, craps, and roulette. It guides readers through the mathematical principles that underpin these games and their different variations, providing insights that will be of huge interest to gamblers, casino managers, researchers, and students of mathematics. Features A valuable teaching resource, replete with exercises, for any course on gambling mathematics Suitable for a wide audience of professionals, researchers, and students Many practical applications for the gambling industry Mark Bollman is Professor of Mathematics and chair of the Department of Mathematics & Computer Science at Albion College in Albion, Michigan, and has taught 116 different courses in his career. Among these courses is "Mathematics of the Gaming Industry," where mathematics majors carefully study the math behind games of chance and travel to Las Vegas, Nevada, in order to compare theory and practice. He has also taken those ideas into Albion’s Honors Program in "Great Issues in Humanities: Perspectives on Gambling," which considers gambling from literary, philosophical, and historical points of view as well as mathematically. Mark has also authored Basic Gambling Mathematics: The Numbers Behind the Neon, Mathematics of Keno and Lotteries, and Mathematics of Casino Carnival Games.

Game Theory through Examples

Author : Erich Prisner
Publisher : American Mathematical Soc.
ISBN 13 : 1614441154
Total Pages : 287 pages
Book Rating : 4.6/5 (144 download)

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Book Synopsis Game Theory through Examples by : Erich Prisner

Download or read book Game Theory through Examples written by Erich Prisner and published by American Mathematical Soc.. This book was released on 2014-12-31 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game Theory through Examples is a thorough introduction to elementary game theory, covering finite games with complete information. The core philosophy underlying this volume is that abstract concepts are best learned when encountered first (and repeatedly) in concrete settings. Thus, the essential ideas of game theory are here presented in the context of actual games, real games much more complex and rich than the typical toy examples. All the fundamental ideas are here: Nash equilibria, backward induction, elementary probability, imperfect information, extensive and normal form, mixed and behavioral strategies. The active-learning, example-driven approach makes the text suitable for a course taught through problem solving. Students will be thoroughly engaged by the extensive classroom exercises, compelling homework problems, and nearly sixty projects in the text. Also available are approximately eighty Java applets and three dozen Excel spreadsheets in which students can play games and organize information in order to acquire a gut feeling to help in the analysis of the games. Mathematical exploration is a deep form of play; that maxim is embodied in this book. Game Theory through Examples is a lively introduction to this appealing theory. Assuming only high school prerequisites makes the volume especially suitable for a liberal arts or general education spirit-of-mathematics course. It could also serve as the active-learning supplement to a more abstract text in an upper-division game theory course.

Data Visualization Made Simple

Author : Kristen Sosulski
Publisher : Routledge
ISBN 13 : 1351380761
Total Pages : 260 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Data Visualization Made Simple by : Kristen Sosulski

Download or read book Data Visualization Made Simple written by Kristen Sosulski and published by Routledge. This book was released on 2018-09-27 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data Visualization Made Simple is a practical guide to the fundamentals, strategies, and real-world cases for data visualization, an essential skill required in today’s information-rich world. With foundations rooted in statistics, psychology, and computer science, data visualization offers practitioners in almost every field a coherent way to share findings from original research, big data, learning analytics, and more. In nine appealing chapters, the book: examines the role of data graphics in decision-making, sharing information, sparking discussions, and inspiring future research; scrutinizes data graphics, deliberates on the messages they convey, and looks at options for design visualization; and includes cases and interviews to provide a contemporary view of how data graphics are used by professionals across industries Both novices and seasoned designers in education, business, and other areas can use this book’s effective, linear process to develop data visualization literacy and promote exploratory, inquiry-based approaches to visualization problems.