July 14, 2006 at 10:23 pm
#698686
Inactive
Bonusgeek wrote:
The one thing someone can clear up for me is if there are infact geniune random number generators, then how is it that every single one of the online casinos have a payout rate of 97% give or take a decimal point. If you look at the table games every single month it is the same thing, 97.5% or 98.2%. It would seem to me that at least once in a blue moon you would have a 90%, or a 110% payout. And because these audits are done every month, it makes even more sense to me that eventually you would see these numbers deviate. I mean common, do you mean to tell me that every single month all the players lose and win exactly the same percentage. It seems more likely to me that the table games too are set on a percentage, thus negating the rng.
Here’s an example:
http://www.luckyemperor.com/security/pwc.asp?pwcReport=./pwc/2005/10.gif
Slots is over 100%, and all games is nearly 100%.
There’s lots more if you look at individual PWC reports. Bear in mind that these reports are made up of the results of thousands of players and hundreds of thousand of games – over such large sample sizes, the results will usually be fairly close to the expected values.
I.e. – if you flip a coin 100 times it might come up 75% heads and that’s not hugely unlikely. But if you flip it 1 million, or 1 billion times, the result will always be very close to 50%.