Is it entirely possible that the success between winners and losers is all down to the time spent inside a casino? Surely, the longer you play, the more chance you have of losing. Well, it doesn’t appear to be this way and why that is, we are going to clearly explain this report, because the signs are all there that if you just hang in there, you will be rewarded.
Time waits for winners
There is no question that there are those that have a knack for winning and those trying to emulate the success fail miserably and hen often give up.
With casino games, the common conception at the beginning that it was all fixed, this idea soon passed with the idea that luck was the pure and simple ingredient. Well, the idea is about to change again because of how the systems are built to meet regulatory standards that make games fair.
We spoke with Carita Gustafsson, Editor-in-Chief at https://www.svenskaonlinecasino.info/ which is the leading comparison site in Sweden, to ask about our theory of time.
“Wow, okay, well we certainly wouldn’t rule out the idea that patience is a virtue, but the idea is interesting given that the gaming development has the law of RTP algorithms dictating the state of play when it comes to winning and losing. The RTP is the Return to Player, this dictates what percentage of money is paid back to the player on average spending.”
Let us discuss more about the mechanics of development so you understand Carita’s comments.
Rule of software
The RTP is the part of gaming that most gamers do not know about. The development of an online slot is built with Return to Player algorithms. This, by the way, is the same for regular slots and those built to accept cryptocurrency coins. The RTP is based on a percentage, usually, the score is between 94% and 97% on average.
If a player pays in $100, they are expected to win roughly 96% of it back, depending on the RTP score. The casino will then take the remaining percentage as profit. So, the house will always win in this instance.
Now, you have to remember that this is deemed fair by the regulators. If you pay in and get about 96% back that’s not an overly devastating thing, plus, there is the idea that luck will help you to win more and go over the 100% line in profit, which is possible because we know people win millions online, this said, we’d have to assume they didn’t play with more than a million of their own money to begin with.
So, the rule is simple, the slots are built to follow the RTP rule, the only issue is, when do you get the return?
How the process works overall
The example of spending $100 is only that, as yet no one can say with certainty what needs to be spent in order to get a winning return, perhaps it’s staggered over the course of time, therefore, time playing is more essential than luck, perhaps, it’s disguised as luck given it is so spread out over time.
What struck us and made our hypothesis of time is the act of players themselves. Surely, they must be winning to remain gambling online. Often those that drop out of casinos are those that have been playing for shorter periods.
Also, there is the theory of the Content Management System (CMS), every casino has one and it stores all the data about you as a player.
The CMS is a hub of data, it knows what you play, have played, your favourite games, how long you averagely play for, what you win, what you lose, and potentially knows what you’ll play when you log in because it is all AI constructed. By having such a tool logging data that is in sync with the games you play within the casino. It’s very possible the CMS is able to know when you are ready to hit the RTP level, so you win a payout.
Now, the payout may not be one fell swoop of a win but perhaps in drips and drabs, as long as you get your RTP percentage back.
This supports our time theory because this is how the nature of gambling works, feeding players bit by bit so they come back for more. If the idea of luck was right, then the casinos risk losing a lot of money and that’s not in their nature should thousands of members be lucky on the same day, the casino may fold.
By implementing a system, one which is fair for players, casinos making a minor profit from each game, we are sure that with time, you will achieve wins that will cancel off previous losses.
Now, you must know that each game has its own RTP level, so the theory would be to only play a few games, at best just the one, so you are able to hit the RTP levels quicker, rather than having to stagger your payments across many games, thusly, expanding the time in which you win, or rather, expanding the time it takes to reach the RTP levels the games require to pay back the percentage you put it.
So, if you have the patience, you might see it out to recoup your expenses and be ‘lucky’ enough to exceed the costs to make a profit.