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Basically, its the long-term edge that is built into the game. For an individual player, his or her limited interaction with the game will result in a price that looks a lot different. For example, consider a game with a 10 percent house advantage which is fairly typical. This means that over the long run, the game will return 10 percent of all wagers it accepts to the casino that owns it. So if it accepts $1 million in wagers over 2 million spins, it would be expected to pay out $900,000, resulting in a casino gain of $100,000. Thus from the managements perspective, the price it charges is the 10 percent it expects to collect from gamblers over time. Individual players, however, will likely define price as the cost of the spin. For example, if a POKER player bets $1, spins the reels and receives no payout, thatll be the price not 10 cents. So who is correct?
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