caa a22 4500 44583739X CHVBK 20180317145334.0 cr unu---uuuuu 170323e20111201xx s 000 0 eng 10.1007/s10899-011-9238-0 doi (NATIONALLICENCE)springer-10.1007/s10899-011-9238-0 Turner Nigel Social Epidemiological Research Centre for Addiction and Mental Health, 33 Russell Street, T524, M5S 2S1, Toronto, ON, Canada aut Volatility, House Edge and Prize Structure of Gambling Games [Elektronische Daten] [Nigel Turner] This study used simulations to examine the effect of prize structure on the outcome volatility and the number of winners of various game configurations. The two most common prize structures found in gambling games are even money payoff games (bet $1; win $2) found on most table games and multilevel prizes structures found in gambling machine games. Simulations were set up to examine the effect of prize structure on the long-term outcomes of these games. Eight different prize structures were compared in terms of the number of winners and volatility. It was found that the standard table game and commercial gambling machines produced fairly high numbers of short term winners (1h), but few long term winners (50h). It was found that the typical even money game set up produced the lowest level of volatility. Of the multilevel prize structures examined, the three simulations based on commercial gambling machines were the least volatile. The results are examined in terms of the pragmatics of game design. Springer Science+Business Media, LLC, 2011 Game volatility nationallicence Problem gambling nationallicence Effect of prize structure nationallicence Gambling technology nationallicence Journal of Gambling Studies Springer US; http://www.springer-ny.com 27/4(2011-12-01), 607-623 1573-3602 27:4<607 2011 27 10899 https://doi.org/10.1007/s10899-011-9238-0 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10899-011-9238-0 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Turner Nigel Social Epidemiological Research Centre for Addiction and Mental Health, 33 Russell Street, T524, M5S 2S1, Toronto, ON, Canada aut NATIONALLICENCE 773 0- Journal of Gambling Studies Springer US; http://www.springer-ny.com 27/4(2011-12-01), 607-623 1573-3602 27:4<607 2011 27 10899 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer