Also, to highlight the implications that being able to play an increasingly large number of slot machine lines at once (made possible due to technological advances in graphical interfaces) has for statistical modelling in the slot machine industry.Ī Monte Carlo simulation (i.e., a computerized mathematical technique) was used to evaluate slot machine performance. This paper describes a simulation to describe various aspects of slot machine play. attractive audiovisual displays) rather than on statistical characteristics of the machines. Research into the roots of persistent gambling has also tended to focus more on characteristics of the gambler or on qualitative aspects of the slot machine (e.g. Previous research has indicated that gambling behaviour likely persists because the act of gambling is a form of entertainment and because gamblers consistently make use of cognitive distortions (i.e., errors in thinking) so that they may explain away or even be unaware of the extent to which they are losing money.

How are gambling behaviours related to the statistical characteristics (e.g., probability of winning) of slot machines?