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Hi Silc,
I think we may be talking about the same thing. High variance means exactly that wins are likely to be higher and losses sharper. It's good to hear that the other aspects of our games (graphics, originality, .. ) are well appreciated and you can rest assured that some of the lower variance machines we have planned will not be lacking in those features either.
Cheers,
Enzo
3Dice - alea iacta est.
nisosbar (9th November 2009)
Hi LonelyHearts,
You seem to have some type of misunderstanding. High variance slots, generate less play-through, and so they make the casino _less_ money, not more .. From the casino point of view, more spins just means more houseedge. We have always had the player in mind, which is exactly why so far we have only created high-variance slot machines. They produce more withdraws, at the cost of playtime.
It is exactly the repeated requests from customers for lower variance slot games that has now put our focus on that, even though I keep trying to explain that high-variance is in the advantage of the player.
Variance in either way is unrelated to the RTP of the games, which you can check here. On a low variance machine, wins are typically more frequent but smaller, resulting in more average play before cashout amounts are reached. Resulting in more accumulated edge for the house. I keep trying to explain the workings of this, but over time I have come to appreciate the other side of it to .. (i.e. some players rather get more playtime and work with much smaller cashout limits - even if that means more house edge is accumulated.).
Kindest regards,
Enzo
3Dice - alea iacta est.
Pinababy69 (10th November 2009), Zoozie (9th November 2009)
I asked how much money have 3dice taken in. I remember when u was a small casino just trying to get your feet wet.
How so? I had deposited (yes like a dummy) over 100 times an avg of $40-75.00 each deposit at a certain casino (not yours) and made two $300 withdraws...I gave in and quit them totally...Now figure that out..it was OVER 100 deposits in about 7 weeks....at this ONE casino only!that high-variance is in the advantage of the player.
Lets say an average of $5500 total..and they continued in the vein you are...and had the same EXACT high variance claim as you do and which you SAY is good for a player...but all in all, you are so far off base....no disrpect at all to you but, how in the world can you really believe this is an advantage to the player?
On another note..this casino lost me as a depositor..I gave it my best in believing...but finally knew what a bunch of hogwash (no pun intended) it was. Then I flip over to your casino and continue in the manner as with the other casino and find that once again...it is the same ole, same ole...
Now, how much money from just one depositor did that casino and yours lose because you cater to those with deeper pockets??? How many with those deep pockets will play to feed the casino before they give in??? They are not stupid either so there again, you get a double loss of players..
I am really amazed that there are still some that tout that high variance (whatever) is good for a player. If that was me, I would be to embarassed saying that because it sounds so BAD...like a snake oil salesman because we as players KNOW that is just hype to get people to play more..to try and catch that ONE good hit , but at what cost?????
Again, no disprespect, just wanted to let you know how this comes across to the average player that has been there before...and knows a lot better now..
So get those darn regular games for us and we will be back ...and happily donating again...especially when we get thrown a bone or two in the process...
.
Last edited by silcnlayc; 9th November 2009 at 04:33 AM.
Today is the Tomorrow, you thought about Yesterday...so live as IT IS your last tomorrow!
heatherad (9th November 2009)
Hi Enzo, why do you use tourney play on your charts? This don't make any sense to me and is very misleading for a real money play.
jas2587 (9th November 2009)
I think I misunderstand too. High variance slots means you can win very big but the chances of winning anything are slim. That's fine if that's the type of game you want to play. Although I don't think a lot of players have that kind of patience or bankroll to watch the slots hit zero 19 out of 20 times for months on end.
Now high variance slots have less playthough so they might be better for the entire player base as a whole but individually things are a little different. The fact that the casino makes less money does not translate into me making more money. Unless I'm the person who finally gets that one good hit. It might happen tomorrow and it might never happen but the odds are really not very good it will happen soon. If I deposit 100 dollars and play for 6 months or play for 6 minutes I still lost 100 dollars regardless of what the casino made off it.
Very good explanation and I also guarantee Enzo is right. I also prefer high variance slots for exactly this reason. As an example, try
imagine the lowest variance slot possible. That is a slot what would return 96% of your bet-size on EVERY bet. (that is 0.24$ on a 0.25$ bet. etc). You are certain your money would last a very long time, but I doubt anyone would find this slot very fun...
3Dice (9th November 2009), LaHutti (9th November 2009), Pinababy69 (10th November 2009), refre (9th November 2009)
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