{"id":574,"date":"2019-07-25T04:54:56","date_gmt":"2019-07-24T18:54:56","guid":{"rendered":"https:\/\/uberpokies.org\/?p=574"},"modified":"2019-07-25T17:21:52","modified_gmt":"2019-07-25T07:21:52","slug":"new-study-finds-punters-unable-to-detect-pokie-machine-payout-percentages","status":"publish","type":"post","link":"https:\/\/uberpokies.org\/new-study-finds-punters-unable-to-detect-pokie-machine-payout-percentages\/","title":{"rendered":"New Study Finds Punters Unable To Detect Pokie Machine Payout Percentages"},"content":{"rendered":"

The notion that casino patrons can detect pokie payout percentages<\/a> has been proven to be a myth. After a nine-month study with two pairs of pokie machines under scrutiny, researchers in Australia have all but shattered this long-held belief.<\/p>\n

Sydney Investigation<\/strong><\/p>\n

According to a report published in Phys.org, an investigation led by the University of Nevada conducted in a suburban \u2018locals\u2019 casino in Sydney took a closer look at matching Tokyo Rose and Dragon\u2019s Fortune X games. The report includes an experiment that varied the amount of player cash kept by the machines between 14.93% and 7.98% before calculating each unit\u2019s \u2018T-win\u2019 value.<\/p>\n

\u2018Pars\u2019 and \u2018T-win\u2019<\/strong><\/p>\n

\u2018Par\u2019 is defined by researchers in the report as what an individual cash machine keeps over a certain period, while the multiplication of this value by the unit\u2019s coin-in rate is what defines as the investigation\u2019s \u2018T-win\u2019 assessment.<\/p>\n

Led by Anthony Lucas from UNLV\u2019s William F Harrah College of Hospitality and former gaming industry operations analyst, the investigation reveals that this value is of special importance to casinos that may be looking to optimize their real money pokie<\/a> revenues.<\/p>\n

Lucas is reported to have stated, \u201cI think some operators are naturally and understandably cautious of new information that challenges traditional industry practices. But we must consider how we know what we know. This is where our work takes on a Moneyball-like aspect; questioning the wisdom of widely held beliefs when data shows that a new way of thinking may be better.\u201d<\/p>\n

Virtually No movement<\/strong><\/p>\n

The report in\u00a0Phys.org<\/a>\u00a0goes on to explain that Lucas had been assisted in his probe by San Diego State University\u2019s Katherine Spilde. Together, they found that the difference between \u2018low\u2019 and \u2018high\u2019 games was virtually non-existent. This indicated that there is no statistically significant indication of play migration. Furthermore, any lowered \u2018par\u2019 had been alleviated by higher \u2018T-win\u2019 rates.<\/p>\n

Lucas goes on to state further, \u201cCasino operators should take note of the substantial increases in \u2018T-win\u2019 as they are responsible for optimizing revenues, not coin-in.\u201d<\/p>\n

Rise in Revenue<\/strong><\/p>\n

What the outcome of this inquiry might mean for casino operators in the long run, he explains, is that they will now be able to\u00a0continue to meet the needs of players, while optimizing its own revenues, adding, \u201cUltimately, operators are responsible for optimizing slot revenues, which is no simple task. Knowing which \u2018par\u2019 will produce the greatest win is most helpful but the optimization issue becomes more complex when the possibility of player detection is introduced. Put simply, our results suggest that greater \u2018pars\u2019 produce greater revenues without the risk of brand damage resulting from \u2018price\u2019 detection.\u201d\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"

The notion that casino patrons can detect pokie payout percentages has been proven to be a myth. After a nine-month study with two pairs of pokie machines under scrutiny, researchers in Australia have all but shattered this long-held belief. Sydney Investigation According to a report published in Phys.org, an investigation led by the University of […]<\/p>\n","protected":false},"author":2,"featured_media":575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"content-sidebar","footnotes":""},"categories":[6,4,1],"tags":[19,18,20],"yoast_head":"\nNew Study Finds Punters Unable To Detect Pokie Machine Payout Percentages - UberPokies.org<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uberpokies.org\/new-study-finds-punters-unable-to-detect-pokie-machine-payout-percentages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Study Finds Punters Unable To Detect Pokie Machine Payout Percentages - UberPokies.org\" \/>\n<meta property=\"og:description\" content=\"The notion that casino patrons can detect pokie payout percentages has been proven to be a myth. 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