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Don Laughlin bought the southern tip of Nevada in 1964 informally called South Pointe. Laughlin operated the 101 Club in Las Vegas. He opened the Riverside Resort on August 2, 1966. [2] It offered all-you-can-eat chicken dinners for 98 cents, twelve slot machines and two live gambling tables, and eight motel rooms, four of which were occupied by Don Laughlin#x27;s family. This paper provides a literature review of the most relevant volatility models, with a particular focus on forecasting models. We firstly discuss the empirical foundations of different kinds of volatility. The paper, then, analyses the non-parametric measure of volatility, named realized variance, and its empirical applications.

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. High RTP slots are considered the loosest in Las Vegas due to their returns. Volatility is the win/lose ratio of a slot machine. High volatile slots tend to be risky where the likelihood of winning each spin is low, but these wins come with incredibly high payouts. Low volatile games are the opposite, where you get frequent wins with low payouts.

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Slots with high volatility dont pay out as often, but pay out more when they do. Machines with low volatility pay out smaller wins more frequently. To capitalize on high volatility machines, it pays to bet high. Factor in multipliers thanks to special features and this could mean massive wins..

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