Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Online Casinos in general: Payout ratio at 95%

Topic created on 08th Sep. 2018 | Page: 1 of 1 | Answers: 4 | Views: 1,841
Anonym

Payout ratio at 95%

8th Sep. 2018, at 09:50 am CEST#5
0 Likes

Nobody has liked this post so far
That with a million players not one gets the AQ but several I have understood.Now my question.
Who decides whether person x or y gets what and in what time.the program must have been written.sits somewhere "small Robbi" and says so player No 42000 gets 30% 10000 10% or how.
That I do not always at 1000 Deposit
95% is already clear to me.
At Gamble Joe I read something about AQ.95% that 96% that.If there is somewhere where I can read the exact would be nice.The Variance I have read answered but not my question.
About an answer I would be happy

This post has been translated automatically

Stromberg
Legend

Payout ratio at 95%

8th Sep. 2018, at 10:11 am CEST#1
0 Likes

Nobody has liked this post so far
I think you can think of it like this:
All players access a software program, the game.
This throws out a random result on each spin within a certain range, say from 0.2x bet to 5000x bet.
The game is programmed so that in the long run, with millions of spins made by all players together, the 95% AQ is reached.
Now which player wins and which loses should depend on chance, and is not decided by anyone.

To prevent the always same discussion: that's how it should be in theory, and no of course I can't judge whether the casinos are not colluding with the game manufacturers...;-)



https://www.gamblejoe.com/forum/online-casinos/allgemeines/wird-man-als-neuer-spieler-bevorzugt-34582/2/

Daniel has put a lot of links to the topic there...

This post has been translated automatically

Anonym

Payout ratio at 95%

8th Sep. 2018, at 02:24 pm CEST#2
0 Likes

Nobody has liked this post so far
That me please no one misunderstands.I have no one want to insinuate anything.I just want to understand.If I understand them correctly means.I have a container with dice.On each dice is a number,let's say from 1 euro to 10 million.I reach every minute purely pay for it 1 euro and can get as the highest profit 10 million.I do this now 1 year have as the highest profit 100000 euros

person 2 does that 1 time and gets the 10 million.That was now only theory.I'm just the desire to gamble gone

This post has been translated automatically

Anonym

Payout ratio at 95%

8th Sep. 2018, at 05:17 pm CEST#3
1 Like

Liked this post: Anonym
Manfrede4 wrote on 08.09.2018 at 14:24: That me please no one misunderstands.I have no one want to insinuate anything.I just verstehn.If I understand them correctly means that.I have a container with dice.On each dice is a number, say from 1 euro to 10 million.I reach in every minute pay for it 1 euro and can get as the highest profit 10 million.I do this now 1 year have as the highest profit 100000 euros

person 2 does that 1 time and gets the 10 million.That was now only theory.I'm just the desire to gamble gone

No.

To put it simply:

There is a Pot in which you reingreifst and pay each time 1 euro for it.

In this pot there are 10 lots.
5 of them are a loser, with 1 you get 50 cents, with 3 you get 2 euros and with one you get 3 euros.

Now you draw a lot and throw it back into the pot.
So there are always 10 tickets in it.

It is completely irrelevant for you how often another player draws the 3 Euro
Maybe another player draws the 3 Euro 10 times in a row. Then he has made plus.
Maybe you are unlucky and draw the loser 10 times in a row.
Although you both played with the same probabilities, your result is still different in the end
In the long run, however, the casino makes plus because in the pot is only a total value of 9.50, but the tickets together would cost 10 euros. This is then the bank advantage.
However, the previous event is independent of the next.
The tickets have no memory, so to speak.
The casino only makes a win because different players reach into the pot millions of times, and in the long run the majority of players lose 50 cents per 10 games.
It can be that one player is heavily in the plus, another is heavily in the minus and another is perhaps exactly balanced
So far understandable?

This post has been translated automatically

MisterL
Expert

Payout ratio at 95%

9th Sep. 2018, at 01:29 am CEST#4
0 Likes

Nobody has liked this post so far
95% AQ means that you lose 5% per spin

This post has been translated automatically

Hot Topics27th Dec. 2024 at 01:18 am CET

Law
0
Online Casinos
0
Miscellaneous
0

GambleJoe Team

Profile picture of JulianJulian
Community-Manager / Complaint SpecialistProfile picture of CounterCounter
Software developerProfile picture of MatthiasMatthias
Project manager
Profile picture of DanielDaniel
Founder

Community Forum-Moderators

Members who assist the GJ team in moderating the forum.
Profile picture of AndreAndre
Profile picture of gamble1gamble1
Profile picture of Langhans_innenLanghans_innen
Profile picture of SaphiraSaphira
GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.
© 2012-2024 GambleJoe.com
✕

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately