WOW! Fantastic post Danny - lots of useful info, and you even sussed I'm a long term fruity 'punter', not player!
This is the only thing I picked up on, if I'm interpreting it correctly...
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Originally Posted by DannyC
... BUT if that IS the case, and it is indeed truly 'RANDOM' as you say, why do these machines state a percentage? 94% is STILL a percentage, and in order for a machine coded specifically for one purpose to always keep around the 94% mark, there must be SOMETHING in the formula to enable it to do this...
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Sounds like you're saying online slots can not be random otherwise they could not be guaranteed to achieve their exact pay %...?
If that
is what you're saying then it's the only piece of nonsense in your entire post!
Let's just take for example, a single zero, non French Roulette wheel.
There are 37 numbers and any one hitting pays 35/1.
So if you bet on them all at the same time it would cost you 37 chips & you would get back 36. Therefore the house edge is (37-36)/37 = 2.7027%.
To put it another way, the payout is 97.2973%
Now it does not matter where or how you place your chips, your return over an
infinite number of spins will be exactly 97.2973%.
You can not change the laws of maths (many 1000's have tried & failed!) any more than you could invent time-travel!
So does the fact that it pays exactly 97.2973% mean that the roulette wheel is rigged..?
I think not.
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Originally Posted by jjh
From the Bold above, I guess my point is that KK has answered his own question by the fact that he shows longterm profits on them.
If they are truly random, then the online bookmaker would have to have an advantage (much similar to roulette) to guarantee a longterm profit.
But the fact that KK makes money on online slots proves they can't possibly be random in the true sense of the word, as he takes advantage of something.
Unless he has been EXTREMELY lucky for the past 5 years or so, which is unlikely.
So my answer would be no, they are not truly random.
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Suppose every time you walked up to a fruit machine with £25 in your hand some guy came along & gave you another £25 to play with & keep your winnings...
And suppose every time this happened you played for a while and eventually walked away with £35....
I think you get my drift..
So yes, I do take advantage of something;
I (almost) never deposit online without getting a 100% bonus.
