slot pull success rate?

[mrpayroll]

I guess I don't understand. Why does it get you more pulls for your dollar? If you put in $20 and the other person puts in the same amount, and you split the pulls, aren't you still pulling $20 worth? You are just giving up half of your earnings if you win, and getting some if the other person wins.

Cruise ships have the worst slots I have ever seen.

 

If i put in 20.00 and you put in 20.00, i am getting 40 chances and only spending 20.00...:rolleyes:

[cruise_pirate]

If i put in 20.00 and you put in 20.00, i am getting 40 chances and only spending 20.00...:rolleyes:

 

Exactly or in the spirit of Easter Eggsactly:p

[ual flyer]

Wow from the sounds of the other posts it looks like we are in the minority. Last year on Princess we did a slot pull. The ante was $15.00 each and we had about 12 participants. What a blast! And the best part was that we each walked away with $110.00. We played a slot machine called the "Wheel of Fortune" and it paid off a couple of times. Had so much fun that we organized a second slotpull again for $15.00 each. Not so lucky that time. Lost our seed money but still had a riot.:)

[Too blessed to be stressed]

Great arguments. But when it really comes down to it. I think its a good way to have a great time with new friends. But I appreciate the advice and will apply it. The best advise was the ground rules should be layed and understood before playing starts. Win or lose sounds fun, of coarse winning sounds better!

[poobears]

I think I'll stick to playing alone. With my luck that would be the one time I pull a jackpot and I'd have to give most of it away LOL

[gargoyle999]

I joined the slot tournament on one of our cruises. Not only did I come dead last, he said he has never seen anyone get as low a total as I did. The Winner was well into the 4000s I had under 50

 

That will be me once I get to Platinum and enter the tournament! :rolleyes:

 

My $25 lasts about 5 minutes on the ships slots. And that is on the penny machines! :mad:

 

I keep telling myself to not waste the money, but it's hard to not at least give it a little shot! :o

[luvscruising2007]

We did a slot pull on Voyager of the Seas. We had something like 50 or 55 participants. Yes, we were there in the casino for about 2 hours. We all put in $20 and had 10 pulls. When all was said and done we all walked away with $26. So we had some entertainment and they paid us. We really had alot of fun.

It was scheduled right after our Meet and Mingle.

[steveaaaaa]

Any of you ever take statistics and probability? When each pull is totally and completely independent of each other, the odds are exactly the same each pull, hence you do not stand a better chance of winning.

 

Rocks? That is the strangest analogy I have ever heard And, no, your odds don't increase if each rock is thrown individually. Each throw is a random event like slots, but completely off topic.

 

My son would love this discussion. He was a math major and took AP probability and statistics and got a 5 on the AP exam. I know what his answer would be since we've discussed odds of gambling before.

 

And as far as I can see, no one who's participated has exactly come out with much if anything.

 

Ok,help me out here.

I understand that each pull is independant,and the odds of hitting are the same on each pull,but where I am lost is in the odds of hitting.

 

If the odds are 1 in 32,000, do I not have a 1 in 32,000 chance?If I have 4 spins,are not my odds 4 in 32,000? (80 in 32,000 per the example in prior post's)

 

If each spin is truley and 100% the same,how can you predict the odds? And why spin more than once on any machine? The more you spin,the better chance of hitting:confused:? If I spin 32,000 times, don't I have a good chance of hitting the top prize? ( I know its an average,so I should also state if I spin 320,000 times,won't I hit the top prize 10 times?)

 

Steve

 

Steve

[ItsAllAboutTheSass]

Steve - First, no poll for this??? Second, your odds stay at 1/32000 for each spin. 4 pulls does not mean your odds change to 4/32000, because as others have stated each is a random event. If after your first pull, the combination is not able to be produced again, then your odds are 4/32000. However, that combination is not taken out of play. Given your logic, if the odds are 1/32000, there would be a jackpot hit once in every 32000 pulls. That is not the case.

[steveaaaaa]

Steve - First, no poll for this??? Second, your odds stay at 1/32000 for each spin. 4 pulls does not mean your odds change to 4/32000, because as others have stated each is a random event. If after your first pull, the combination is not able to be produced again, then your odds are 4/32000. However, that combination is not taken out of play. Given your logic, if the odds are 1/32000, there would be a jackpot hit once in every 32000 pulls. That is not the case.

 

OK, I must be stupid today.If the odds are 1 in 32,000 why not then? (like I stated before,assume there are 320,000 spins,why would there not be 10 jackpots?) You are saying you don't have a better chance fo hitting a jackpot with 80 spins than with 4?

 

If I record a roulette wheel for 380,000 spins,it seems every number comes in 10 times. If I flip a coin a 100,000 times, it always comes out to almost 50/50 heads to tails.

 

Steve

[okwriter]

I thought your odds were the same every time: 50/50 (a 50% chance of winning and a 50% chance of losing). :confused::confused:

[cruie4ever]

We have set up & run many slot pulls on our cruises . We run them that each person who plays (we generally have 50 -70 players) puts $ 15 ibn the slot & gets (5) $3 pulls . We then pay off from the total that the casino pays . We pay in even dollars & any left over goes to the person who on their turn gets us the highest pay out (this is a side pot pay out). We keep a pad & write down each players name at the slot before they start their pulls .We root for every one to hit it big & it is a lot of Fun . We have won on all occassions over what we each put into the slot except one time we lost $4 each.

 

We announce all the details up front on the roll calls

[mapman_2004]

Not completely true.

Yes each pull is a random event, but on a $5 machine you get 4 pulls,with 20 people you get 80 pulls on a 3 line 32 image machine using the $20.

 

The total spins on a 3 line 32 image is 32,768 possible combinations.So 80 pulls out of 32,768 is better than 4,so as a group the chance of winning is greater.

 

As far a making money or increasing your winnings,that of course gets back to 80 pulls versus 4 theory.

 

 

Yes, if you put in more money, your chances of winning something increase, but you are putting in more money to win that something. At the end of the day, you may get lucky, but odds are you will lose.

 

 

The OP's game sounds fun though. Yes, they group will most certainly lose, but the group will have a fun time out of it!

[Too blessed to be stressed]

We did a slot pull on Voyager of the Seas. We had something like 50 or 55 participants. Yes, we were there in the casino for about 2 hours. We all put in $20 and had 10 pulls. When all was said and done we all walked away with $26. So we had some entertainment and they paid us. We really had alot of fun.

It was scheduled right after our Meet and Mingle.

 

This seems to be the easiest and least complicated way to do it and after the meet and greet is probably the best time to do it.

[LV2COOK]

I don't see how a community slot pull would have any different odds than an individual doing the same thing with $20 by themself.

 

In the long run, you lose money - guaranteed, so the typical amount you end up with is less than you started with either way.

I see you have a Shiba Inu. I do to. Great dogs.

[COP]

Hey, hold on! Slot Pulls are for the CC group to have some fun, it is not for making money, It is nice to win anything. On our last cruise I won a RCCL T Shirt for my 20.00 donation, I had a blast, I did not expect to win any money and I did not. I have been on 7 cruises on 4 cruise lines and we have had a Slot pull each one. Some I have won a little and most I did not. Guess what this Sept. I will play again. It's FUN, that is why I get involved.:D

COP

[glrounds]

To simplify:

Pooling your money, of course, gives you more chances to win, BUT reduces the AMOUNT of the winnings, if it occurs, because the winnings would be DIVIDED among more players.

 

No magic here, just the INSURANCE idea in REVERSE. Insurance for a fee (premium) spreads the loses over a large group instead of being absorbed by the few with the actual losses.

 

Bear in mind, players gambling on a cruise ship DO NOT have the advantage of the Nevada Gaming Commission looking over the CRUISELINES shoulder like Vegas does. Any kind of "player return %" goes in international waters. :rolleyes:

 

Many of the "house" takes on cruise ships would get them kicked out of Nevada instantly.

[Puffthefish]

It is the difference between: I thought of a number between 1 and 10. You have three chances to guess that number. That gives you a 3 in 10 chance of guessing that number.

 

And: I will guess a number between 1 and 10, you have once chance. Then I will guess another number, you have one chance. Than I choose another number and you have one chance.

 

Or real simplistic, flip a coin and I get two guesses on the out come. Heads and tails, I win no matter what. If you flip a coin twice and I have one chance on each, my chances are 50/50 and 50/50.

 

 

 

Ok,help me out here.

I understand that each pull is independant,and the odds of hitting are the same on each pull,but where I am lost is in the odds of hitting.

 

If the odds are 1 in 32,000, do I not have a 1 in 32,000 chance?If I have 4 spins,are not my odds 4 in 32,000? (80 in 32,000 per the example in prior post's)Steve

[steveaaaaa]

It is the difference between: I thought of a number between 1 and 10. You have three chances to guess that number. That gives you a 3 in 10 chance of guessing that number.

 

And: I will guess a number between 1 and 10, you have once chance. Then I will guess another number, you have one chance. Than I choose another number and you have one chance.

 

Or real simplistic, flip a coin and I get two guesses on the out come. Heads and tails, I win no matter what. If you flip a coin twice and I have one chance on each, my chances are 50/50 and 50/50.

 

The two examples you gave above are not the same.

 

The second example is a 1/10 all 3 times. The first is not 3/10. It may be on the surface (before guessing),but not in the math. Reason is after your first guess (and your wrong) the odds are 1/9 on the second (and your wrong)and then 1/8 on the 3rd.

 

Steve

[Puffthefish]

The two examples you gave above are not the same.

 

The second example is a 1/10 all 3 times. The first is not 3/10. It may be on the surface (before guessing),but not in the math. Reason is after your first guess (and your wrong) the odds are 1/9 on the second (and your wrong)and then 1/8 on the 3rd.

 

Steve

 

DOH! You are correct, the first is not truly 3 in 10. I wasn't much paying attention when I wrote that, I was just illustrating the differences between taking 3 guesses on a number that decreases every time and one that doesn't.

 

To get a 3/10 chance in the first example, you would need about 7 flips to get down to a 1/3 or 33% chance. (if only three numbers were left)

[Earthworm Jim]

It doesn't increase anyone's winnings or chances of winnings. Each pull is a totally random event.

 

As far a making money or increasing your winnings,that of course gets back to 80 pulls versus 4 theory.

 

With each increase in the number of pulls, you are taking a little bit more of the randomness out of it, meaning it's a little less likely that you either win big or lose big.

 

Say there is a machine that has an 80% payout. (Is that even a plausible number?) If you had an extremely large number of pulls, let's say 1 billion, it would be almost a sure thing that you'd have very close to 80% of the money you started with. But if you did a very small number of pulls (say, 1) then it's a lot more random and you could potentially end up with anything from 0% return to whatever the biggest jackpot on that machine is.

 

More pulls takes more of the luck out of it, and moves the return toward the machine's payout rate.

[mapman_2004]

With each increase in the number of pulls, you are taking a little bit more of the randomness out of it, meaning it's a little less likely that you either win big or lose big.

 

Say there is a machine that has an 80% payout. (Is that even a plausible number?) If you had an extremely large number of pulls, let's say 1 billion, it would be almost a sure thing that you'd have very close to 80% of the money you started with. But if you did a very small number of pulls (say, 1) then it's a lot more random and you could potentially end up with anything from 0% return to whatever the biggest jackpot on that machine is.

 

More pulls takes more of the luck out of it, and moves the return toward the machine's payout rate.

 

That is correct! That was said the best, good job.