how slots work
What time do slot machines pay out the most?
The question of when slot machines pay out the most may seem to be ridiculous initially glance. After all, one may well believe that random amount generators choose whether to win as well as lose. But, there are a lot of theories circulating about the web, based on which there is a specific time for every slot machine at which the winnings can bubble up.
True to the motto there are no brainless questions, we just want to take on dumb answers. So what is it about the theories? What are the top times to play slot machines? What is the truth and what falls within the realm of myths and legends?
The first bird catches the worm?
If you browse the web a bit, you will come across the assertion of gamblers that slot machines pay out the most in the early morning. The reason is the fact that after the statutory curfew of the morning, the income of the preceding day are offset. If too minor was paid out, that would now be made up for. So players which sit down at a computer at dawn could wish for modest winnings. What do we think of the concept? Not very much! Instead, it is a misconception.
Play at lunchtime or maybe of better quality in the evening?
Some players flatly claim that noon is the greatest time to play slot machines like Book of Ra, Eye of Horus, Bonanza or Explodiac. The thesis: Since there's little going on at lunchtime, winnings are actually sent out at the magnetic energy generators to draw in other players. Others point out that it would be more beneficial in the evening, because consequently a lot more players are attached to the printer and this also brings up the chance that higher winnings are going to be paid out, because the magnetic energy generators are already full of stakes.
However, such statements are not only not well thought out, they are utter nonsense. The principle of opportunity also applies for lunchtime or perhaps in the evening. A time component for payouts would fundamentally contradict the arbitrary principle. Just before slot machines are authorized for operation, proof must be provided that fair play is offered. If more had been paid out in the morning than in the evening, that would disadvantage a lot of the players. So the concept of morning winnings could easily be shifted to the world of fables as well as myths. The very same also is true to claims that probably the highest amount will be poured out throughout the day, afternoon or evening.
Playing with the Kelly formula In certain situations it is likely that players have a much better probability of winning in comparison to the bank. This is particularly true for card games such as blackjack, poker or roulette. The American scientist as well as physicist produced the Kelly formula named after him in 1956. With this he and some of his colleagues, like Ed Thorp, a mathematician and Claude Shannon, a computer scientist, were able to repeatedly achieve high income in the so-called "Las Vegas Connection". The Kelly formula also made it within the investment community and found one of its most prominent followers in Warren Buffet.
What's the Kelly formula anyway?
Let's assume a player's budget is 100 euros and there is a 30 % chance of winning a game. Should you win, you need to also pay out 4 times your stake. สล็อตออนไลน์ When the stake is actually 1 euro, the player receives 4 euros back. The initial bet must be 7.50 euros. hundred bets now are placed one after the other. The total stake is consequently 750 euros. 30 games of these are received, giving us a complete profit of 900 euros (thirty games won x 7.5 euros x 4 euros).