Probability theory is a branch of mathematics that deals with the analysis of random events, and the concept of probability is very important. When someone talks about probability in real gambling, they are discussing two specific aspects.
- probability of winning or losing.
- the probability that the bet will pay off.
The difference between these two factors is the «house» benefit of the player or his partner, the so-called house edge or gambling advantage.
Example:
Everyone has probably seen the traditional hexagonal dice with six different numbers on each side. Each number has the same probability because there are six different outcomes, but only one of them will be successful. The odds are usually 5:1, which means that there are 5 different ways to lose and only one way to win. Each of these ways has 1 probability of being confirmed exactly.
The probability of this event is also used as a measure to calculate the ratio, which can be converted into a division (1:6) or a percentage (16.67%).
If you had a live casino that paid players 6 to 1 for each spin of the dice on each number, then in the long run, bad luck would have to play a role in collecting your money.
It is easy to understand this by assuming that on each roll of the dice the player puts in the same amount of money — NZ$1. Every six rolls the player will lose NZ$5 and gain NZ$6. Thus the average player will earn NZ$1 every six rolls. This will have a long-term impact on the business because the more Timeslot games are played, the more likely the live casino is to lose statistically.
Now, if your live casino game was similar to the one above but with a 4:1 payout, it would be profitable for us because every 6 rolls the player would lose NZ$5 and win NZ$4. Based on the statistics, you would earn on average NZ$1 every 6 rolls.
That’s all well and good, but how do I succeed in slots?
The secret is to avoid online pokies with high RTP and low variance. That is, games that pay you several times during the stream but rarely award you a significant win. The most recognisable of these are Blood Suckers 2, Starburst, Jack Hammer and Dr. Jekyll Goes Wild.
To be successful in live casino games, it is important to focus on high variance slots, i.e. games that usually offer fewer wins in the normal progression of the game, but still give you a chance to win in the bonus* rounds.
In these variations, you should have one goal. To try to play as hard as possible to reach the bonus* round with the highest possible bet.
What does this mean?
Patience and effective capital management are crucial to this strategy. See the Book Of Ra example. What is the most recognised game of all time? Because it funds the majority of bonus rounds.
However, after X million spins, it is expected to lead players to a bonus* round after every 178 spins. You can visit the fifth spin or the 100th spin. In addition, you must dedicate your budget to continuously increasing your bet and then enter the bonus round with the highest possible bet.
In the end, you should win the game using this method.
- Play high variance games
- Find out the typical number of spins required to reach the bonus round.
- Play the average number of spins required to complete the average number of spins required to complete.
- Start with the lowest bet and gradually increase it.
The most effective slots for this strategy.
The Gates of Olympus — a practical approach
Countless followers of the big corporation celebrate «Zeus», as he is usually called by those who understand the sport. Olympus Gate is an important part of a service provider’s career. Game features include:
- 6 reels and 5 horizontal bars
- Winnings are made up of more than 8 identical symbols.
- Free spins, re-spins and additional prizes.
Despite the fact that Gates of Olympus is considered a high variance game, you will receive many small prizes when playing it. To win the bonus round, you need to land 4 Zeus symbols. For every 3 symbols that appear on the screen, you will receive 15 spins as a prize. Each time this happens, you will receive an additional 5 spins. Each spin has a chance to win or multiple wins. These are called staccato and can increase your earnings by up to… Olympic standards!
Desired Dead or a Wild — Hacksaw Games
It is now considered a classic, even though it was created only a few years ago. Within weeks of its release, it was at the top of the list of players’ preferences. The reason? However, 3 bonus features that can give incredible rewards!
In Wanted Dead or a Wild you’ll find:
- 5 stripes
- 15 payment options
- Multipliers, Sticky Wild, Extra Repeats and a maximum win of 12,500x.
To trigger the associated bonus, 3 Scatter symbols (3 different variations) must appear on any reel. If a wild multiplier appears on the reels, get ready to… for significant cash!
Book of Dead — Game Play
Many will see it as a duplicate of the Book of Ra. We will not tell untruths. It is. However, it is advantageous because we can often do it without smoothing! Play’n Go has developed a slot machine that can pay out up to a maximum of NZ$500 000. In Book Of Dead you will find:
- Free Spins*, Wilds and Expanding Wilds.
- Earn up to 5,000 times your bet.
- Free wins in a typical game progression
Pays more often than Gates of Olympus in the normal game flow and features only one type of extra bonus round. You will reach your destination if you collect 3 fuzzy books. There are several possible combinations that give big wins, but the biggest one is when Rich Wilde appears, this combination changes the symbols around him and pays up to 5000x your bet for 5 different symbols in a row.
Slot probability
The probability of a slot machine is actually calculated by a number of mechanical devices working in unison. Each reel contains a certain number of symbols and the probability of hitting one of these symbols is 1/N, where N is the number of symbols. A basic slot machine has three (3) reels, each containing 10 symbols. In this case, the probability of landing a particular symbol on each reel is 9:1.
The probability of getting two of the same symbol on the same spin is 1/100, i.e. 99:1. The probability of getting 3 identical symbols in one spin is 1/100, and the probability of getting 3 identical symbols in a jackpot is 1/1000. This means that the probability of getting 3 identical symbols during a jackpot is 1/100.
It is important to remember that the profit associated with any bet is always less than the probability of winning the bet. The payout of each bet multiplied by its probability gives the percentage payout of each bet, and summing all the results gives the total percentage payout of each slot machine.
Probability of online pokies
Traditional online pokies machines have been replaced by new machines, meaning that the way they operate is fundamentally different from what it used to be. The physical mechanical reels have been replaced by digital reels that have a wonderful effect and colour. In addition, the machine that determined when the reels would stop has been replaced by a random number generator that does exactly the same thing. Logically, all these changes have had an impact and have significantly altered the odds and win percentages of slot machines.
It is important to note that a physical reel can have as many as 20 symbols, but as soon as they are too big for the machine, they are discarded. This type of slot machine cannot use more than 3 reels of this type.
However, an electronic slot machine has no such limitations and can theoretically operate with up to 100 symbols on each of the 5 (or more) reels it can have.
Moreover, to make the game more intriguing and exciting, the random number generator is programmed to assign a different probability to each symbol, independent of the number of symbols. A slot machine can have one cherry per 10 symbols, but this cherry is programmed to appear every 20 spins.
The result is advantageous to the player because it reduces the number of combinations to be programmed, which in turn reduces the number of tries the live casino will compensate you for.
After all, the progressive jackpots that have mainly attracted players, especially in online slots, would not be possible with 6 or 7 symbols in a physical slot machine. However, in electronic slots, they are easy to achieve with the help of a random number generator, and the constant change of winners makes these slots financially viable despite the big jackpots.
Strategies and techniques to succeed in slot machines.
As you can imagine, in the froutiest games you have to be in luck’s favour. Of course, this doesn’t mean that there are no methods to succeed. Having observed the probability of winning at online pokies, let’s discuss some methods for winning at online pokies games.
Managing bankrolls
- If you like the New Zealand method… Capital management. You probably understand the basic principle: we don’t need to tell you «if a player has money in the bankroll, he has a chance to get it from the live casino».
- Now you may be asking… What can we tell you about this? So there’s no room for traditional advice like betting to your maximum potential or covering your daily expenses first. You are aware of this yourself, you are neither small nor stupid. We want to show you how to stay involved in the game while increasing your probability of winning against a real dealer casino:
Tips on how to win at online pokies games from Casinowinners.
- Find a real dealer casino that has good offers* (see example below) but still has a favourable rollover profile. Don’t deposit your funds with institutions that are difficult to reach. In addition, there are other promotions depending on the game you are playing (cash back, extra prizes) or online pokies dedicated to you.
- Choose online pokies with extra features, bonus rounds and free spins. These are all additional opportunities to succeed.
- Avoid online pokies with progressive jackpots. I wish you could become a millionaire by playing these types of games, but the likelihood of that actually happening is very low, the payouts on these types of games are usually small.
- However, if you choose to play with a progressive jackpot, avoid smaller jackpots. As you will be taking a risk, you need to add this to your investment of effort and risk to make it worthwhile and yield a significant return.
- Try your luck at video poker. This is a hybrid game combining online slots and poker, usually offered at a high profit to the player, and sometimes using strategy. It’s not for beginners, but once you get the hang of it, you may fall in love.
- Try the maximum bet. Don’t worry, we don’t recommend that you place the biggest bet possible. Here you need to separate the value of the bets you make from the total value of the coins you have. This is not the same as betting one NZ$2 coin on four NZ$0.5 coins. The amount of money you invest is the same (NZ$2), but the game itself is different. If you play one currency, the multiplier is 1, but if you bet four currencies, the multiplier is 4. If you bet the maximum possible number of coins, then if you win, you will get the maximum possible multiplier that is in your favour. Also, don’t forget that most slots don’t allow you to participate in jackpots*, or the biggest possible win, if you’ve played the maximum number of coins.
- Don’t bet the highest if the game requires it. We are not contradicting the previous statement. Here we recommend that you do not use the maximum bet in both coins and totals unless it is necessary because you want to participate in the jackpot draw. Learn the principles of the game first, then try to stay in it for a longer period of time and do not get rid of both coin volume and value in order to get the highest absolute amount of money possible.
- Do not play at the highest possible speed. Relax. The procedure is very entertaining. There are ongoing games that provide more than 600 spins in an hour. That’s 10 spins per minute, 1 spin in 6 seconds, so no respite!!! Wrong… don’t let the activity overwhelm you. Have a coffee or a drink and try to play again after a while. Whatever your choice, the longer you stay in the live game, the slower you will consume your capital and increase your probability of winning.