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Thread: Casino Software coding ideas

  1. #31
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    By the way. I noticed one little thing wrong with your sim, Enzo... shouldn't:

    if (Math.random() < odd) bal+=pay*bet

    read:

    if (Math.random() < odd) {bal+=pay*bet} else {floatbal+=bet;}

    ? We're bootstrapping this. I never said the float was going to stay at $5k. It's just starting there.

  2. #32
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    Quote Originally Posted by jstrike View Post
    By the way. I noticed one little thing wrong with your sim, Enzo... shouldn't:

    if (Math.random() < odd) bal+=pay*bet

    read:

    if (Math.random() < odd) {bal+=pay*bet} else {floatbal+=bet;}

    ? We're bootstrapping this. I never said the float was going to stay at $5k. It's just starting there.
    nope it shouldn't read that. every run the sim stores how much it goes over the initial float in this line :

    Code:
    ret[ Math.floor((bal - floatbal - startbalance) / startbalance)] = 1;
    so if ret is [1,1,1,0,0,...]
    if means this run went over 5100, 5200 and 5300.

    the final odd is then calculated as the odd to go over 5100 + the odd to go over 5200 + the odd to go over 5300 etc .. this is also clearly printed in the listing if you run the simulation.

    So the simulation assumes a float of 5100 for the first player, 5200 for the second player etc .. (i.e. if it doesn't bust you, you use the full deposit to increase your float).

    Enzo.
    3Dice - alea iacta est.

  3. #33
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    Okay. I misunderstood what your simulation was doing. I usually think recursively, this is kind of an inversion of how I solve things. But I think I understand it now.

    Tell me if I'm wrong about this. You're allowing that the odds of a single player going $100 over the float from a $100 starting balance, are the same as the odds of two players going over the float by a cent from the same start. Another way of saying it is that you're looking at how many times a single player would go over by $100, $200 and so on up to going over by $5000, the assumed total of starting balances plus the original float. And yet another way of saying it would be to say that one player could re-deposit 50 times and overrun the existing float, including his deposits N% of the time. Right...?

    I have two things to say about this. The first is that, with an 80% probability of not busting, and higher if we restrict it to $1 tables, plus the parimutuel games kicking in rake as we go along, it's a bet I have to take. My alternative is spending the rest of my life in a fluorescent office space.

    The other thing is, none of this is happening all at the same time. This is a process. No one player is going to take the float, because we'll have to close the game at some point before that and explain our situation to the player, cash them out and ask that they understand we're a small house and can't take bets beyond a certain point. By not being recursive, your sim doesn't provide for the fact that by the 50th player's 1000th spin, we'll have been in business for six months, and have enough money to bank the bet.

    Sure. We could get wiped out right out of the box. My answer to that is, better to give away $5k and have tried. I'd rather give $5k to a bum in the street who promised me a rainbow than keep grinding out apps for other people for the rest of my life. So if that answers anyone's question about whether I'm an idiot, yeah, I guess I am. Life's too fucking short. I put thousands of hours into this thing, I saved my nickels and dimes. If it lasts two days and I give away $5k, well, fine. Take my money. To me, running this thing for two days is better than a vacation to the Bahamas.

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  5. #34
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    Good luck, but I would seriously try to get some backers... If your software turns out to be good, I am sure there are people willing to invest in the project. I don't think anyone would play in a casino where they know funds are scary low, and at a place where you don't have the chance to hit "the big one", let alone get paid if you do.

    Anyways, I admire your courage and your fighting spirit.

  6. #35
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    Players definitely lose confidence in casinos that they perceive to be underfunded.

    There may be a middle ground between never doing it and doing it right now, allowing you to find additional funding, or save further to increase your float.

  7. #36
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    I hear that, Jasmine. I think starting heavy on poker and board games is my best option. This whole conversation is making me reconsider opening table games at all before I've got the funds... but if I do, it'll be good odds, but really cheap stakes only. And the watchword is, paid the same day, always. I mean, maybe there's not much of a crowd for $1 blackjack, but I'm only going to bank what I can afford. As long as it's understood that no payout is ever late, and I'd close down the site before I let that happen, I'm hoping I can build a little cult following. That's all I ever really wanted out of life anyway.

    I'm not saying I'm not doing this for money, because obviously I like money. But if I were to consider all my options and the ways I could use my skills, and weight that against the odds of success, this wouldn't even make the top ten things I could be spending three years of my life on. So somehow it's either a ...I don't want to say like a kamikaze death dive, although according to Enzo maybe that's what it is... it's just being what I am. And perceptions can be what they're gonna be, as long as everybody gets paid at the end of the day, and there's nothing to pitch a bitch about. I'm not actually giving up my day job, in case anyone here's afraid for my sanity. This is just...my ultimate garage project. Which I hope people will take for what it is. Personally, I'd rather play cards in the garage of a guy I knew, than on a site owned by a billionaire with a private jet somewhere. That ain't the sales pitch, but maybe it should be.

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  9. #37
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    Hi, Jstrike. I think you have some positive ideas and i believe you will make the players your #1 priority.

    P.S. I like the sales pitch.

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    jstrike (25th November 2010)

  11. #38
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    Hi jstrike, Welcome to Casinomeister forum and I think you will do great, I am anxious as everyone else to see the final product.


    pevangel

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  13. #39
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    Sounds like an interesting project. For the record and feedback though I would need to see it licenced in a pucker jurisdiction and be transparent in info/funding were I to play.

    GL though

    Simmo!


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  15. #40
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    Thanks, Simmo.
    I've actually been in touch with the Curacao people, and if all goes well I want to have it licensed and moved over there within a year or so...as soon as I can afford to do it. Right now, their licensing and bandwidth costs would eat my budget for breakfast. But I recognize the value in it. 'Til then, I'm just going to make as much information public as I can, and be extremely transparent to make up for not having a government officially behind me. I also want to invite some world class gaming analysts to come over and try it out, if they're willing to give it an independent look see for a reasonable price. Haven't contacted the Wizard yet, I hear he's pretty hard to get. But I've been in touch with a respected guy who does a lot of similar work on new table games.
    I realize it's a handicap not being licensed, so it's a top priority. I figure it will double how far my marketing money goes, when I have that seal of approval. First I have to actually get this monster running and making some money though. It's kinda like building an airplane out of spare parts and then trying to get it certified. Basically I know it can fly if I'm flying it, and I'm going to add passengers one at a time and watch and see what happens, and fix what needs to be fixed. And once it flies, I know I can get it certified. But there's a lot to be done between here and there.

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