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Our statistical consulting projects for casinos and casino gaming range from analyzing new games for different pay tables, to analyzing table takes vis-à-vis market take rates and other benchmarks, to comprehensive support for developers of table games, card games, video poker machines, slot machines, and casino games. Nfojo’s experience with gaming and with the gaming industry across multiple levels – from the big casinos to the smallest software developers – makes us ideally suited to optimize gaming revenues regardless of your project size and scope.

Specific consulting services for the gaming industry include:

House Edge Estimation: Calculating the amount a casino can expect to earn from your game is anything but straightforward. Most companies approach this analysis through conventional odds calculations, but these methods are ill-suited to account for the player decisions that can impact outcomes in most new casino games. Different playing styles, as well as different games with relatively complex rules, cannot be modeled solely on probability theory. Our team can calculate directly and accurately your house edge, and a confidence interval around it, for your game or side-bet, performing Monte Carlo simulations or whatever analyses are best suited for your project, before evaluating the impact of changing game rules and alternate expected player behaviors on the house edge.

Game Structure & Payout Optimization: Based on your proposed game’s current configuration, our statisticians can assess whether the house edge is appropriate. Slot machines and table games both have a range of what casinos consider to be an appropriate house edge. If the edge is too high, the players won’t win enough to continue playing. If the edge is too low, it may not be worth the casino’s resources. We help you think through each game play and payout structure decision and determine how rule changes affect the house edge—and our uniquely collaborative approach allows you to have direct insight and involvement in the optimization process.

Player Enjoyment Analysis: Though the house edge is the most commonly used calculation to evaluate the viability of new games, it’s equally important to ensure that players have the ability to “go on a run.” This well-known term is actually a simple way of communicating a given game’s standard deviation, measured in the hourly earnings a player can win or lose. While there is a relationship between the house edge and a player’s standard deviation (the higher the edge, the lower the variance of a given game), changes in rules and payout structures can disproportionately affect these two measures. As a result, we offer statistical consulting for our clients to recommend the optimal trade-off between house edge and player standard deviation, to make a proposed game as enjoyable as possible.