Page 12 of 12 FirstFirst ... 289101112
Results 166 to 176 of 176

Thread: FOBT - why its' not like _casino roulette

  1. #166
    Junior Member
    Join Date
    Feb 2012
    Posts
    4
    Dear friends..

    In these FOBTs, there is a fixed payout percentage (or sometimes called theoretical %RPT settings in these machines. That means any point of time, machine decides how much to payback and how much to retain and random numbers is just a layer to produce output for audit purpose. Payout is up to the machine and operator to decide while we all are running after how random is random numbers and auditors satisfy the regulators by showing the non skewed numbers over a long period.

    The TRUTH IS that, a fixed payout can never be achieved without manipulating the result. FOBTs work same as slot machines and results can be manipulated to adjust payout and this happens with the knowledge of the regulatory bodies. Once outcome is allowed to adjust, it means the machine knows the bets a player has placed and outcome can be based on the bets placed and not random. How amazing!! Any possibility for class action suit?

    The proof that %RPT is fixed and can be adjusted and hence the results can be manipulated is seen from these below. I am not just giving my personal opinion but with proof from documents, discussion with regulatory authorities as well as manufacturers.

    1. Starting a new online RNG casino - (http://rouletteforum.cc/index.php?topic=1598.0) . This was already given by one of the forum member before.

    2. Declarative Statement on FOBT from Ballytech (http://www.ballytech.com/) who is one of the the manufacturers of FOBT machine can be downloaded here. (http://www.google.com.sg/url?sa=t&rc...vMgKxQ&cad=rja) - especially everything that says about RNG and payout.

    3. I also had a personal chat with one of the technical staff from a manufacturer who confirmed that there are 5 default payout percentages and it can be adjusted easily.

    4. I live in Singapore and 2 casinos have opened here in the past 3 years. These FOBT machines are under the category of electronic games and the regulatory body in Singapore (CRA) has published the standards. Version 1.2 can be downloaded from the below link - (http://app.cra.gov.sg/public/www/content.aspx?sid=116)
    Please download the PDF file to understand clearly on payout percentage and random number generation as well as possible manipulation of outcome. This standards document is from Casino Regulatory Authority in Singapore and can be trusted 100% to understand how these machines work. Please read sections payout and random number generators. I also had several discussions with the regulatory authorities in Singapore in the past 2 months on these unfair machines and it is still ongoing.

    If anyone like to have further information contact me personally.
    Last edited by justcurious; 28-02-2012 at 09:12 AM.

  2. #167
    Senior Member
    Join Date
    Nov 2011
    Location
    england
    Posts
    528
    Very interesting read justcurious!

  3. #168
    Senior Member
    Join Date
    Jun 2006
    Location
    midlands
    Posts
    950
    Quote Originally Posted by Spyder View Post
    house vs player statistics and "edge" / rake is ONLY if played with an exact mathematical strategy, which is pointless as it is random, with slight variance due to atmospherics
    EVERY bet on a roulette table has the same 97.2% RTP, from straight up, to "evens" bets.

  4. #169
    Junior Member
    Join Date
    Feb 2012
    Posts
    4
    Quote Originally Posted by pokerpete View Post
    EVERY bet on a roulette table has the same 97.2% RTP, from straight up, to "evens" bets.
    That is long term and not fixed every bet you make. And also, it cannot be changed cos the table theoretical %RTP is achieved due to house edge and not manipulatable like the FOBTs.

  5. #170
    Senior Member
    Join Date
    Jun 2006
    Location
    midlands
    Posts
    950
    yes, but every bet on the table has the same long term RTP.
    That's my point.
    It doesn't matter ahat "strategy" you have, the long term RTP will be the same

    FOBTs work exactly the same.
    Same for online roulette.

    The maths models are rigorously tested and certified.
    There is no consiracy.

  6. #171
    Senior Member
    Join Date
    Mar 2010
    Location
    Wigan
    Posts
    236
    There is no consiracy.


    Someone's taking the p here.

  7. #172
    Junior Member
    Join Date
    Feb 2012
    Posts
    4
    Quote Originally Posted by pokerpete View Post
    yes, but every bet on the table has the same long term RTP.
    That's my point.
    It doesn't matter ahat "strategy" you have, the long term RTP will be the same

    FOBTs work exactly the same.
    Same for online roulette.

    The maths models are rigorously tested and certified.
    There is no consiracy.
    FOBTs and online roulette has fixed (and which can be configured to any percentage) %RPT unlike real tables where it is achieved long term by house edge built in the game. Please note we are not talking about long term. We are talking about fairness of how outcome is generated for EVERY bet when a patron places bet and push "SPIN" button.

  8. #173
    Senior Member
    Join Date
    Jun 2006
    Location
    midlands
    Posts
    950
    Quote Originally Posted by justcurious View Post
    FOBTs and online roulette has fixed (and which can be configured to any percentage) %RPT unlike real tables where it is achieved long term by house edge built in the game. Please note we are not talking about long term. We are talking about fairness of how outcome is generated for EVERY bet when a patron places bet and push "SPIN" button.
    I know more about this than you do.
    You are WRONG!

    The result of the FOBT and Online roulette spin is not based on where the player has placed their chips.

    The result is random but because there are a limited number of visualisation, suspiscious players feel like there's fixing involved.

    As I said, fairness testing of these games is done by independant third party companies on behalf of gaming boards.
    Games simply wouldn't be allowed into the market where the result was anything other than random.

  9. #174
    Justcurious, you are not correct. You dont understand the mathematics behind fobts and this is why you dont understand that individual spins on fobts powered by pseudo random number generators dont have to be fixed for the game to hit target long term.

    I suggest learning about the law of large numbers. Its counter intuitive but understanding it gives you an edge in more than just gambling.
    Last edited by exactly; 07-03-2012 at 12:50 AM.

  10. #175
    Senior Member
    Join Date
    Oct 2014
    Posts
    185
    heheheh!!!

  11. #176
    Senior Member
    Join Date
    Apr 2012
    Posts
    550
    Quote Originally Posted by fatbloke View Post
    heheheh!!!
    Yet another wonderfully insightful post.
    You put a lemon to shame, you bitter cunt.

Page 12 of 12 FirstFirst ... 289101112

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •