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MrCasinoGames
MrCasinoGames
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December 30th, 2015 at 11:10:19 PM permalink
Quote: teliot

red-light bet ... lease fee.


Dear teliot,
Thanks for your input.
Yes, Power 8s Baccarat is a red-light bet (Progressive-bet) and the casino do pay lease fee.

I have been making Progressive-Games for TCS for over 10 years.
First Progressive-Games I done was (Casino Hold'em Progressive 5/7®) and a new Blackjack-Progressive (Block Pro® Blackjack-Progressive) back in 2003 (when Caribbean Stud Progressive was popular), both are still play in South Africa. At the same time in Russia I introduced Casino Hold'em® link up with Caribbean Stud to the same Jackpot (Useing the Player's first 5-cards) It is still being use at on-line casinos (Caribbean Hold'em™) power by RTG, eg. Bovoda/Bodog.

3 Years ago we added (Raise'em® Poker Plus) Poker-Progressive and last year we added (Power 8's) Baccarat-Progressive in South Africa and it is doing very well. In total we have over 100 Progressive-Tables installed in South Africa today.

We now have 2 New Baccarat-Progressive Games and the New Hold'em-Progressive (Casino Hold'em® Plus) coming out in 2016 and have Casinos order more new Progressive-Games.

I will continue making Progressive-Games, If that is what the Casinos wants (Casinos and Players Loves Progressive-bets in South Africa).

PS. AP would not waste their time with the Power 8's Baccarat-Progressive (red-light bet).
Last edited by: MrCasinoGames on Dec 31, 2015
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
MrCasinoGames
MrCasinoGames
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December 31st, 2015 at 10:01:12 AM permalink
Quote: teliot

Red light bets:

1. Players take time decide to make the bets.
2. The dealer has to check if anyone who hasn't made the bet wants to make it.
3. The dealer must collect the $1 chips and put them in the box.
4. If a large jackpot hits, there can be a great deal of time spent paying it out.
5. Any time the bet pays out there it takes time away from the main game to pay it.
6. The red lights are equipment that fails and needs maintenance.
7. Players forever need $1 chip changes.
8. The rack needs fills of $1 chips.
9. The $1 bets the players make on the red circles represent tips the dealer is not getting.
10. The expense associated with the decrease in game pace is extreme if there is large betting at the table.

All of this for 20 cents.


Very good points.
Try telling this to: Ballytech (Shuffle Master), DEQ, Galaxy Gaming and others.

See List of Progressive Games:
Ballytech (Shuffle Master) (Bring the life-changing progressive jackpot experience of the slot floor to your table games pit with our exciting progressive offerings.)

DEQ (Wide Area Progressive System enables your casino to link an unlimited amount of your poker derivatives.)

Galaxy Gaming (Enhance your play with “real-time” action with our Bonus Jackpot System!)
Last edited by: MrCasinoGames on Dec 31, 2015
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
teliot
teliot
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December 31st, 2015 at 10:09:36 AM permalink
Quote: MrCasinoGames

See List of Progressive Games:
Ballytech (Shuffle Master) (Bring the life-changing progressive jackpot experience of the slot floor to your table games pit with our exciting progressive offerings.)
DEQ (Wide Area Progressive System enables your casino to link an unlimited amount of your poker derivatives.)
Galaxy Gaming (Enhance your play with “real-time” action with our Bonus Jackpot System!)


How many of these are on baccarat?
MrCasinoGames
MrCasinoGames
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December 31st, 2015 at 10:21:32 AM permalink
Quote: teliot

Quote: MrCasinoGames

See List of Progressive Games:
Ballytech (Shuffle Master) (Bring the life-changing progressive jackpot experience of the slot floor to your table games pit with our exciting progressive offerings.)
DEQ (Wide Area Progressive System enables your casino to link an unlimited amount of your poker derivatives.)
Galaxy Gaming (Enhance your play with “real-time” action with our Bonus Jackpot System!)


How many of these are on baccarat?


Your 10 points was on the Red light bets (Progressive-bets).

How many of these are on baccarat? Has nothing to do with it.
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
teliot
teliot
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December 31st, 2015 at 10:29:44 AM permalink
Quote: MrCasinoGames

How many of these are on baccarat? Has nothing to do with it.

The whole point is that red light bets have lots of costs that reduce the incremental profit they create. Many baccarat tables have very high limits and lots of baccarat players make very large wagers. In other games, where the table limits are usually pretty low and players usually play near the table minimum, the wagers might actually create a bit of incremental revenue. But, in baccarat, the sky is the limit for wagers, so the cost equation is squarely against a red light bet on most tables. Of course, if the red-light bet is only allowed on a low-limit game (or a low-roller casino), it might generate a bit of profit. The profitability issue rests on the ratio of the red-light t-win per bet to the table average baccarat bet.
MrCasinoGames
MrCasinoGames
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December 31st, 2015 at 10:34:53 AM permalink
Quote: teliot

The whole point is that red light bets have lots of costs that reduce the incremental profit they create. Many baccarat tables have very high limits and lots of baccarat players make very large wagers. In other games, where the table limits are usually pretty low and players usually play near the table minimum, the wagers might actually create a bit of incremental revenue. But, in baccarat, the sky is the limit for wagers, so the cost equation is squarely against a red light bet on most tables. Of course, if the red-light bet is only allowed on a low-limit game (or a low-roller casino), it might generate a bit of profit. The profitability issue rests on the ratio of the red-light t-win per bet to the table average baccarat bet.


Dear teliot,

Thanks for the clarification.

Again, Thanks for your input.
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
MrCasinoGames
MrCasinoGames
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January 1st, 2016 at 3:54:47 AM permalink
Quote: Wizard

I just wrote a new page on Power 8's, which is a baccarat side bet found in South Africa.

As always, I welcome questions, comments, and especially corrections.


Corrections,
Note: All payouts are “for 1”, as the original wager is not returned.
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
MrCasinoGames
MrCasinoGames
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January 1st, 2016 at 5:54:52 AM permalink
Quote: Wizard

Very good points.


The facts remained the same:
There is no shortage of other $1 progressives, with the red lights, here in Vegas.
Last edited by: MrCasinoGames on Jan 1, 2016
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com
Wizard
Administrator
Wizard
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January 1st, 2016 at 6:56:53 AM permalink
Quote: MrCasinoGames

Note: All payouts are “for 1”, as the original wager is not returned.



Are you sure? The literature from TCS Johh Huxley says "to."
It's not whether you win or lose; it's whether or not you had a good bet.
MrCasinoGames
MrCasinoGames
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January 1st, 2016 at 7:07:17 AM permalink
Quote: Wizard

Are you sure? The literature from TCS Johh Huxley says "to."


Yes, I am sure.

TCS make a typo in the literature.

Thanks Mike and have a Happy New Year.
Stephen Au-Yeung (Mr Casino Games®) NewTableGames.com

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