Statistical Results
The following analysis presents key statistical data from gaming operations, focusing on total
bets placed, total winnings, total players, players who lost, odds, and casino earnings per game.
This data helps in understanding the gaming dynamics and the financial implications for the
casino. These following statistics were made on data collected for over 1 week:
35k Game Records Analysis
Total Bets Total Total Players Odds Casino
Winnings Players lost Earnings
Mean 630717 608759.9798 7911.46568 4974.474 4.1 21957
Median 612071.62 259384.41 7715 4614 1.95 315178
Mode - - - - 1 706795
St. DV 184379.2 730685 2426 3464 5.5 733215
The distribution of total players participating in games at different odds. The x-axis
represents the odds, and the y-axis represents the total number of players. The plot uses
red stars to indicate each data point, and it appears that there are several games with
varying odds, attracting a diverse number of participants. There's a concentration of
players at lower odds, suggesting that games with lower odds are more popular among
players.
The x-axis represents Game IDs, while the y-axis represents cumulative earnings. It
shows a consistent upward trend, indicating that the casino's earnings are always
increasing over time.
The histogram on the left (blue) shows the distribution of total bets made by players.
The x-axis represents the total bet amounts, and the y-axis represents the count of
instances these amounts were bet. The distribution is somewhat bell-shaped with a
peak around 0.75 million, suggesting that most of the bets fall within this range, with
fewer instances of very low or very high bets.
The centre histogram (green) depicts the distribution of total winnings. The x-axis
represents the total winnings, and the y-axis represents the frequency of these
winnings. The plot is heavily skewed to the left indicating that most of the time the total
winnings are almost 0 or non-existent due to greed by players who want to cashout out
late
The histogram on the right (red) represents the distribution of casino earnings. The x-
axis indicates earnings. The y-axis shows the frequency of these earnings. The
distribution is skewed towards positive earnings, highlighting that the casino most of
the time makes a profit indicating that losses are rare but do occur.
This hexbin plot provides a density visualization of total bets placed against odds.
Darker areas represent a higher density of bets. The x-axis represents odds, while the y-
axis represents the total bets. The concentration in the lower odds region (1-3) proves
that the highest volume of betting activity is usually in the lower odds region.
This line graph shows the daily earnings of the casino over a period from April 12, 2024,
to April 18, 2024. The x-axis is the date, and the y-axis is earnings. There's a significant
spike on April 17, indicating a particularly profitable day for the casino, followed by a
slight decline the next day which comes out to be the weekend (Thursday-Friday).
Making the weekend the most profitable days for the casino
The x-axis shows the odds, ranging from 0 to 35, and the y-axis represents the average
bet amount, ranging from $0 to $150. Key insight is that the lower the average bet per
player the higher the occurrence of high odds.
