| Article ID: | iaor20072688 |
| Country: | United Kingdom |
| Volume: | 19 |
| Issue: | 3 |
| Start Page Number: | 21 |
| End Page Number: | 30 |
| Publication Date: | Jul 2006 |
| Journal: | OR Insight |
| Authors: | Freeman Jim, Oses Noelia |
| Keywords: | programming: dynamic, markov processes, practice |
Slot machines have evolved beyond all recognition since the early days of simple spinning reels. Nowadays a variety of set-piece routines e.g. Hi-Lo gambles, free spins, trails ... can be combined in a seemingly endless succession of attractive designs – each with their own distinctive probabilistic characteristics. What contemporary gamblers may fail to realise is that OR offers a range of solution procedures that can help them directly raise their performance – as we now outline for a number of popular gaming scenarios.