Casino Jackpots
I suppose you
know what a progressive jackpot. The share
of each bet is a side bet or go to the
formation of a special prize fund - the
jackpot. Jackpot starts at a certain minimum
amount, and increases with every bet
players. Accumulated jackpot outstanding
player on a roll very rare combination. If
we talk about online casinos, the casino
software from one vendor work together,
allowing you to save considerable jackpots
that are available in all casinos with this
software. Record jackpot online amounted to
more than $ 6 million, but now we are not
interested in records, but as the jackpot
can help us to gain an advantage.
Let's look at a small example: we have a video poker PlayTech Megajack, this is the usual video poker "Jacks or Better" denominated coins 25c, where the payout for the royal flush jackpot replaced. In a normal game, when you play five coins (ie total $ 1.25) payout for Royal Flush rates are 800 or $ 1,000. As I write these lines, the value of the jackpot is only $ 337, which is almost three times less than the standard payment, so to play the game much sense not. But we can hope that someday the jackpot exceeds $ 1,000, then the game will be more profitable than usual, with a further increase and become positive for the player. Math here is pretty simple. Royal Flush comes about once every 40,000 to games, including interest 800 to 1 share of that royal flush brings the total payout percentage is 1.9807%. Edge in the game - 0.46%, it is what we want to overcome by increasing jackpot.
Solve simple ratio and get that $ 1000 * (1.98 +0.46) / 1.98 = $ 1230. Upon reaching the $ 1,230 jackpot value becomes zero the game, and then for every hundred dollars increasing jackpot we get the order of 0.1% increase to the MoD. Jackpots have in other games, for example, there varieties of blackjack, Caribbean poker, keno and even roulette. Often there is only granted the jackpot if you made a special separate bid, typically orders of magnitude in the dollar. In all these games, math calculation jackpot is not too complicated. The boundary value beyond which begins game found for popular games. So for Caribbean Stud Poker, a popular online casino, bet on the jackpot becomes profitable when the value of $ 234.280 (at least for the Microgaming casino software). If desired, you can find (or even yourself to count) numbers for other games.
Let's look at a small example: we have a video poker PlayTech Megajack, this is the usual video poker "Jacks or Better" denominated coins 25c, where the payout for the royal flush jackpot replaced. In a normal game, when you play five coins (ie total $ 1.25) payout for Royal Flush rates are 800 or $ 1,000. As I write these lines, the value of the jackpot is only $ 337, which is almost three times less than the standard payment, so to play the game much sense not. But we can hope that someday the jackpot exceeds $ 1,000, then the game will be more profitable than usual, with a further increase and become positive for the player. Math here is pretty simple. Royal Flush comes about once every 40,000 to games, including interest 800 to 1 share of that royal flush brings the total payout percentage is 1.9807%. Edge in the game - 0.46%, it is what we want to overcome by increasing jackpot.
Solve simple ratio and get that $ 1000 * (1.98 +0.46) / 1.98 = $ 1230. Upon reaching the $ 1,230 jackpot value becomes zero the game, and then for every hundred dollars increasing jackpot we get the order of 0.1% increase to the MoD. Jackpots have in other games, for example, there varieties of blackjack, Caribbean poker, keno and even roulette. Often there is only granted the jackpot if you made a special separate bid, typically orders of magnitude in the dollar. In all these games, math calculation jackpot is not too complicated. The boundary value beyond which begins game found for popular games. So for Caribbean Stud Poker, a popular online casino, bet on the jackpot becomes profitable when the value of $ 234.280 (at least for the Microgaming casino software). If desired, you can find (or even yourself to count) numbers for other games.
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