NanoTech Gaming Inc (NTGL)

[shajandr]

Everyone should read this:

http://wizardofvegas.com/forum/off-topic/kiosk/23586-casinokat-from-nanotech/5/

"I think you've explained your math model very clearly. The casino can't lose. We get that. Your machine won't lose money in the long run for any casino under any operating parameters. We get that. Much like a casino can't lose on a progressive video poker machine under any circumstance as long as the theoretical max payout for perfect play given the paytable + meter rise is < 100%. Much like a progressive slot can't lose as long as theoretical payout + meter rise is < 100%. We get it. We get it. We aren't stupid. We get it.

JUST BECAUSE A CASINO CAN'T LOSE ON AN INSTALLATION DOESN'T MEAN THEY WON'T REJECT THE CONCEPT OUT OF HAND IF THEY BELIEVE AN INDIVIDUAL PLAYER CAN PLAY IT PROFITABLY.

Let me give you two scenarios

1) Game returns theoretical $1,000 per day to casino. Nobody can play the game at an advantage.

2) Game returns theoretical $1,500 per day to casino. Additionally, Joe Bob Smartypants can win $100 a day if he stalks the machine 24/7 and plays it only when he has an edge.

For simplicity, assume play on this game has zero effect on play on the other games in said casino.

I believe firmly that 99.5% of casinos operating on this Earth would pick 1) over 2)."


"It's actually 100% and here's why. If a
casino knows an AP can get a skill
advantage, no matter how you sugar
coat it or reassuringly explain it, they
will automatically assume an AP will
figure out how to get a BIG skill
advantage and they will lose money.

No matter how many ways you explain
it, they've been burned so many times
now, in so many different ways, there
is no way they will knowingly let what
could be a Trojan Horse into their casino.

Can you blame them?"

"I get that the casino will always have an advantage on the game. Sometimes AP's will have an advantage.

The +EV money comes from the ploppys. The ploppys are people who would normally spend that extra +EV money in the casino. Skilled players take that money and walk out the door. Therefore the casino makes less money.

It wouldn't be any difference than an advantage player just standing at the machine and charging people a percentage of their money just to play the game. Your game will need to make up for this somehow. If it's popular enough, then that's certainly possible."

ONE fatal flaw in NTGL's whole idea is that the excess take from the casual players (the losers) gets split between the casino and advantage players. The casual players typically play until they lose their bankrolls, and the casino keeps it ALL. Under the NTGL concept, a portion of the take from the suckers would walk ~OUTT the door in the pocket of advantage players - taking from the pool of sucker money that the casino otherwise keeps ALL of in all other games.

No casino wants to split their pool of sucker money take with advantage players. It would be stupid for them when they can keep it all already - in the long run.

Butt then again, none - nott even one - of the NTGL kiddies understands the gambling business.

LOL - Highballwatertower still thinks he can beat craps by learning how to throw the dice a certain way.

These are the suckers. And they know nothing about the professional gambling industry.