3Dice

[3Dice]

Silc, Skiny,

Bear with me here - it really isn't that difficult to see, lets use a simplified example. Lets assume we have 100 people depositing $10, for simplification, they will all either play to bust or withdraw when they get to $75 or more. We'll compare two slots, both 96% rtp, one low variance, and one high variance ..


low variance 96% rtp game. (chance of 1 in 2 to win 1.92 times betsize)

100 people deposit $10
50 lose $10
50 win $19.2

of those 50 winners ..

25 lose $19.2
25 win $36.8

of those 25 winners ..

12.5 lose $36.8
12.5 win $70.7

of those 12.5 winners ..

6.25 lose $70.7
6.25 win $135 and withdraw

players get : $843.75 (6.25 * $135)
casino gets : $156.25

So from those 100, 6.25 people withdraw, 50 had little to no playtime and 43.75 had more playtime but still ended up losing. From those 50 that lose without playtime, lets say 2 are likely to complain at cm




high variance 96% rtp game. (chance of 1 in 10 to win 9.6 times betsize)

100 people deposit $10
90 lose $10
10 win $96 and withdraw

players get : $960 (10 * $96)
casino gets: $40


So from those 100, now 10 withdraw, but 90 had less average playtime and 4 of them are likely to complain at cm .

Hope that clears things up !

I asked how much money have 3dice taken in. I remember when u was a small casino just trying to get your feet wet.

Lonelyhearts,

In the example above : $40

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.

LookAway,

Thanks. Made me realize that the screenshots indeed also display tourneywins - (they come from the highscorebot in chat). The entire
zeitgeist page is based on real-money play so I'll change the screenshot bot to only accept real-money screenshots to.




Cheers,

Enzo

[skiny]

Except for the fact that it's "chance to win" so the reality could just as well be 100 people deposit 10 dollars - 98 lose 10 dollars - 2 win 96 dollars and withdraw.

Players get 192.

[silcnlayc]

Thank you Enzo for the scenerio....but all in all, we know it takes over 1000's of people to deposit, for one or two to withdraw with the way the slots are now...just as it did at the other casino I was talking about...they had very FEW winners also...and they also were accredited (not that, that is a bad thing if one won, but the chances of that were slim to none too)

Again, I will say, when the changes come, I will be standing in line to come back to play...but regretfully at this time, I will have to abstain...


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[skiny]

lets say 2 are likely to complain at cm

and 4 of them are likely to complain at cm .

I'm not entirely sure this was necessary. If you read the entire thread you would see that this is a discussion about several aspects of the casino including which games people prefer playing and several compliments by me about your service and your support staff.

The fact that some people disagree with you about who profits from very high variance games isn't necessarily a complaint. We come here to discuss many things. This just happens to be one of them.

[3Dice]

Hey Skiny,

I was just joking - after ample attempts to explain high variance is actually bad for me - good for you - I try to keep things light. No offense was intended and my apologies if it came across as such.

Cheers,

Enzo.

[skiny]

Hey Skiny,

I was just joking - ater ample attempts to explain high variance is actually bad for me - good for you - I try to keep things light. No offense was intended and my apologies if it came across as such.

Cheers,

Enzo.

OK. We're cool.

[silcnlayc]

after ample attempts to explain high variance

It's ok Enzo...we see the same picture differently because we are on different sides of the mirror...

When it takes over $5000 to withdraw $600(at the other high variance casino), there is no way this can be "good" for a player (the high variance stuff).

So, lets agree to disagree on this...and maybe I will get some slush funds from the other casinos to visit you every once in a while...

And keep you in line on your promise of slots for us "little guys that like to win a little and play a lot"


.

[Mavin1]

Okay, I'm reading this post about High Variance versus Low Variance. I always thought High Variance meant, it will be a cold day in hades before you win anything and Low Variance meant, you may win if you hold you tongue just right, have a lucky rabbits foot in your left pocket, feet crossed and don't cross paths with a black cat or walk under a ladder.

[skiny]

Low variance means you get to spin again 15 minutes after you deposit.

[silcnlayc]

Mavin1:Okay, I'm reading this post about High Variance versus Low Variance. I always thought High Variance meant, it will be a cold day in hades before you win anything and Low Variance meant, you may win if you hold you tongue just right, have a lucky rabbits foot in your left pocket, feet crossed and don't cross paths with a black cat or walk under a ladder.

You read it right......and you are actually right on both fronts...

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