Social and Behavioral Sciences Commons^™

The Locals Casino As A Social Network – Can An Interconnected Community Of Players Detect Differences In Hold?, Jason D. Fiege, Anastasia (Stasi) D. Baran

International Conference on Gambling & Risk Taking

Abstract

It is difficult for individual players to detect differences in theoretical hold between slot machines without playing an unrealistically large number of games. This difficulty occurs because the fractional loss incurred by a player converges only slowly to the theoretical hold in the presence of volatility designed into slot pay tables. Nevertheless, many operators believe that players can detect changes in hold or differences compared to competition, especially in a locals casino market, and therefore resist increasing holds. Instead of investigating whether individual players can detect differences in hold, we ask whether a population of casino regulars who share …

Pareto Effects In The Ecasino: Differences Across Online Products And Links With Self-Exclusion, Xiaolei Deng, Luke Clark Dr

International Conference on Gambling & Risk Taking

Consumption of many goods adheres to the Pareto rule (or 80:20 law) that the 20% most engaged consumers generate 80% of revenue. Using a dataset from the eCasino section of the provincial online gambling platform in British Columbia, Canada, we recently observed that Pareto values exceeded the conventional 80:20 ratio, with the top 20% generating ~92% of bets and ~90% of revenue (Deng, Lesch & Clark, 2021 Addictive Behaviors 120: 106968). In this presentation, we will examine how these effects vary across different gambling product types within the eCasino: online slot machine games, table games, video poker, and other probability …