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Glossary of terms for casino players (gambler slang)

Re: Glossary of terms for casino players (gambler slang)

5 months 2 weeks ago - 5 months 2 weeks ago
#61
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Re: Glossary of terms for casino players (gambler slang)

5 months 1 week ago - 5 months 1 week ago
#62
To assess the success of a gambling establishment operating online or offline, two indicators are used: GGR and NGR. In the case of calculating GGR, a simple and in most situations uniform formula is used. As for the approaches to calculating NGR, it varies from situation to situation, taking into account the specifics of the taxation system of the state in which the gambling establishment operates, and the specifics of doing business by a particular operator.

Initial parameters for calculating GGR and NGR:
A - the total amount of all bets made by players;
B - the sum of all winnings received;
C - the sum of all bonuses received by players;
D - the sum of all taxes.





GGR (Gross Gaming Revenue) is the gross gaming income (revenue of a gambling establishment), calculated as the difference between the amount of players' bets and the amount of winnings.
GGR is a revenue index, but not an indicator of the establishment's profitability. The GGR indicator directly depends on the "luck" of the players.

GGR = A – B


NGR (Net Gaming Revenue) - net income from games, an express method for determining the level of profitability.
Net gaming revenue is an indicator of the real profit of an online casino, cleared of operating expenses. These include: bonuses provided to customers; commissions charged by payment systems; deductions to developers of games presented in the gambling establishment; payments to partner companies and funds spent on licensing and payment of tax rates.

NGR allows you to track total payouts from winnings and total expenses. Total expenses refer to welcome bonuses or no deposit bonuses offered to new players.

NGR = A – B – C – D

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Re: A dictionary of casino terms (gambler slang)

4 months 2 weeks ago - 4 months 2 weeks ago
#63
DLK wrote: How to become a VIP player for a casino.

Becoming a VIP player at an online casino is easy. Casino administrators will notice you once your bets exceed those of others.

Usually high stakes will lead to increased turnover and large losses.
You will be offered VIP status and the corresponding privileges:

1) bonuses for deposits;
2) accelerated withdrawal of funds;
3) special games and tournaments;
4) personal manager;
5) individual prizes;
6) good cashback;
7) increased withdrawal limit;
8) individual rooms and tables (in a land-based casino);
9) special conditions in the loyalty program;
10) gifts for birthdays and other holidays.

If you don't want to wait for attention, you can submit a question to technical support yourself. This way, you can get information about the special bonus system and VIP player status.

In real life, casino administration pays less attention to your bets than to the volume of your deposits (average deposit).
The implication is that the more money a person loses, the faster he or she achieves VIP status.

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Re: A dictionary of casino terms (gambler slang)

4 months 2 weeks ago - 4 months 2 weeks ago
#64
DLK wrote: Dealers are dummies. They sit at a controlled roulette wheel, spin the ball, and answer questions in the chat.
The puppeteers sit nearby in the studio, monitor the bets, and decide which number to play. Often, this is all done by a special program on autopilot, but direct intervention by the pedal-powered Vasya also occurs frequently.

ADAPTIVE CASINO - a layer between the pure RNG and the players' bets, which ensures the management and control of the game by the casino.

PEDAL VASYA - the adaptive slot machine is often associated with a malicious and greedy individual (a secret representative of the casino owner) who watches players through a camera and sees all your deposits and bets on his computer. Vasya has special "pedals" to manually perform the necessary functions of the adaptive slot machine, controlling the game. He may often amuse himself with his victim (boredom at work), but the end result of his work is to prevent the player from winning much.
a) The representative is very secret, because interference in the game for money is fraud on an especially large scale - a legally punishable crime.
b) Greedy, because its main goal is to block players from big wins and skew bets. Instead of the standard %-MO of the game, the casino receives excess profits.
c) Provider servers have long had an adaptive component that is tied to human psychology and behavioral responses—no one uses manual mode; all calculations are performed by a program in accordance with the game's feedback parameters set by "Vasya the pedal."

100pravda.com/forum/roulette-game/321-ad...h-i-igrokom?start=30

For example, the actions of the adaptor may manifest themselves in such moments:
* bonus games occur with a reduced frequency of 1:10 from the normal frequency according to the mathematical core of the game;
* in principle, there will only be the smallest winnings on bets above 50 UAH.
* artificial ceiling for the loan, plan +20% of the deposit, above which it is impossible to rise in the game;
* on roulette - these are endless "over the side" and "previous fat".
etc.

PEDAL - a humorous "GAME RETURNS" parameter within the adaptive component. It's analogous to the gas pedal in a car: the more the casino presses it, the faster and more money it collects from players.
When the hypothetical "Vasya" switches the payout to zero, players ask to release the pedal so the slot machines can at least start playing. When there's no play at all, they say, "Vasya floored the pedal."

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Re: A dictionary of casino terms (gambler slang)

4 months 1 week ago - 4 months 1 week ago
#65
klick wrote:
Payout (or payout percentage) – the ratio of winnings to the total bet. Reputable online casinos typically have their payout percentages verified by reputable auditing companies, so there's no need to bother with complex calculations (it's better to just spin the reels). Typically, the payout percentage ranges from 90% to 99%, meaning the house edge is only 1% to 10%.

Return to Player (RTP) – a percentage of bet payouts returned to players under certain conditions (usually consisting of a return schedule and a percentage). The figure ranges from 96% to 98%. However, this is only theoretical; in reality, it's merely informative, as evidenced by the high returns of slots with low RTPs and the poor returns of slots with high RTPs.


If I understand correctly, mathematicians write to us that
Roulette RTP = 36/37 = 97.297%
It's like we put 1 chip in each number and at the end of the spin we lose -1 chip on the payout.

I don't know what to call it correctly, it's more like a normal Win probability
RTP bets RED/BLACK = 18/37 = 48.648%
Let's imagine a player betting only on red or only on black at roulette and knows and doesn't use any other bets. Could this be called the RTP of such-and-such a bet type?

Let's imagine a player coming to the casino every time and betting all their money in one move. They bet everything on red or black.
Even in this situation, ALMOST HALF OF THE CASES he will DOUBLE his investment, with the RTP of his game being 48.648%.

It turns out that the statistics of the Champion Club (Champion Casino) give a DOUBLE of the check once in 10 checks, which is 5 times less often than the doubling of a primitive roulette player.
48.648 / 5 = 9.7296%

RTP of the Champion Casino scam games = 9.7296%
And this is reality for the player, and not the RTP of 85-90% declared by the manufacturer.
I personally see that the RTP of the Champion slot machines is 10% and, based on my subjective impressions of the game, this is true.
The game is not gambling if you know how to win...

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Re: A dictionary of casino terms (gambler slang)

4 months 1 week ago - 4 months 1 week ago
#66
mouse wrote: Can we call this the RTP of such and such a bet?


A very philosophical question :-)

Manufacturers calculate and certify the RTP for their slot machines when the maximum lines (roulette numbers) are set.
But we forget that GAME is a two-way process. Therefore, the manufacturer's rules are one side, and there is another – the rules/habits of the player.

If we're talking about multi-line slots with fixed maximum lines, then an RTP of 85% makes sense.
What is considered RTP of a game FOR A PLAYER who always plays 4 lines on a 20-line slot?
It turns out that, in fact, from the declared 85/5 = 17%, we will make an adjustment for the distant lines, whose beginning coincides with the first 4.
We get the real RTP of the game on 4 lines = 24%

Is the same for roulette? No.

Do you know those idiots who play and put one chip in every room every turn? I don't know :-)
For such roulette RTP when playing all numbers = 97.297%


Which RTP exactly are you asking about?
RTP - Guys There's Fuck
RTP is the global OUT/IN odds in the game. In slots, it's tested on billions of spins. With fair roulette, it's simpler - we know exactly the AVERAGE PAYOUTS over the long term.

What is the RTP for a player who hits exactly 6 numbers on each spin?
For the sixline we get
OUT = our WIN = +36*6/37 = 5.8378
IN = LOSS our rates (costs) = 6
Sixline RTP = 5.8378/6 = 97.297% as for any other type of bet
☜♡☞ Roulette foreva ☜♡☞

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