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When is it better to use a specific actor rather than use the "Event Actor"? It seems like they both do the same thing.

Event Actor = Actor that is receiving the Event from Himself.

But what did you mean ? Using the NAME of the actor (like BALL) that would receive himself the Event instead of just leaving the Event on Event Actor ?

If you want to put an Event on BALL itself, both methods (using EventActor or its name) will give the same results. Change Event Actors to specific name whenever Events are given to other actors by Event Actor.

If you choose "Event Actor" on a action, only the actor which receives the event will execute the action.

If you use the actor name, and some clones, the actor and clones will receive the action