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Buzzard
Buzzard
Joined: Oct 28, 2012
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July 2nd, 2013 at 10:58:23 AM permalink
Quote: onenickelmiracle

delete




One of your better posts. ( Shhh. Just seeing if Mission reads everything )
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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July 2nd, 2013 at 11:01:10 AM permalink
Quote: Buzzard

One of your better posts. ( Shhh. Just seeing if Mission reads everything )


My feelings are hurt. lol.
I am a robot.
Mission146
Mission146
Joined: May 15, 2012
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July 2nd, 2013 at 1:57:38 PM permalink
Quote: Buzzard

One of your better posts. ( Shhh. Just seeing if Mission reads everything )



Yup.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
jwblue
jwblue
Joined: Jan 25, 2011
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July 9th, 2013 at 9:55:31 PM permalink
I asked a slot host when the last time the jackpot was hit.

I was told it hit 2x in the first two year of existence in 1995.

I have a feeling MGM decreased the jackpot odds significantly in order to make up for the two quick payouts.

I am not certain the theory that it is due to hit is correct. It wouldn't surprise me if the jackpot was not won for a couple more years.
onenickelmiracle
onenickelmiracle
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July 9th, 2013 at 10:05:06 PM permalink
I wouldn't doubt it or maybe they loosened it twice so it would hit.
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AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
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July 10th, 2013 at 12:01:39 AM permalink
Quote: onenickelmiracle

I wouldn't doubt it or maybe they loosened it twice so it would hit.



Once it hits, it's gone. MGM has said it will remove the machine once someone hits it.

Let me give you some interesting tidbits about this:

1. The three lions have shown up several times... but the players didnt play three coins.

2. MGM can't remove the progressive.

3. MGM has two options right now with the Lions Share machine:

A. Let it keep playing till it hits.
B. end it now, and REDISTRIBUTE the progressive pool to other slot machines on the floor.

Nevada regulations say the progressive jackpot amount belongs to the players and not to the casino.

Now, over at Caesars there is a similar situation. There is one remaining Red-White-Blue $1 progressive game ($3 max bet needed) with a progressive jackpot of about a half million. I don't remember the exact amount. Like MGM's Lion Share it is the last of a bank of machines with a progressive.

But unlike MGM, Caesars did something "funny" about a year ago... they FROZE the progressive amount and each individual play no longer increases the progressive jackpot. The progressive remains where it has been for about the last year.

I have been meaning to find out exactly what they did... and if a chip change was needed.

But in accordance with NGC regs, the machine sits there and is still played until someone gets the red white and blues 7s for the progressive jackpot which has stopped progressing.
JB
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JB
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July 10th, 2013 at 12:22:34 AM permalink
Quote: AlanMendelson

Caesars did something "funny" about a year ago... they FROZE the progressive amount and each individual play no longer increases the progressive jackpot. The progressive remains where it has been for about the last year.


If this is true, it's a clever loophole for the casino to pocket the portion of every future bet which would otherwise have gone into the progressive.
AlanMendelson
AlanMendelson
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July 10th, 2013 at 12:26:44 AM permalink
Quote: JB

If this is true, it's a clever loophole for the casino to pocket the portion of every future bet which would otherwise have gone into the progressive.



It's true the progressive is frozen, but it could be perfectly "legal." they could have changed the chip to stop the progressive contribution... and keep the progressive already paid in by the players available to be "hit." That would be legal. They just can't tamper with the progressive amount already on the machine.

But they could redistribute the progressive to other machines.

I keep meaning to ask specifically what they did.
JB
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JB
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July 10th, 2013 at 12:56:36 AM permalink
Quote: AlanMendelson

It's true the progressive is frozen, but it could be perfectly "legal." they could have changed the chip to stop the progressive contribution... and keep the progressive already paid in by the players available to be "hit." That would be legal. They just can't tamper with the progressive amount already on the machine.


That's what I mean. If, before the freeze, each bet contributed 1% to the progressive, the casino is now pocketing that amount from every bet made after the freeze, which the jackpot winner would have otherwise won. I agree that it follows the letter of the law, but I'm not sure if it follows the spirit of the law. However, I would be willing to bet that any Nevada court would rule in favor of the casino if there were ever a lawsuit over the casino using this loophole.

Talk about scraping the bottom of the barrel though. With only one such machine, they must really be desperate for that 3¢. Oh that's right, you said it was Caesars; now it makes sense.
onenickelmiracle
onenickelmiracle
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July 10th, 2013 at 1:13:54 AM permalink
Quote: JB

If this is true, it's a clever loophole for the casino to pocket the portion of every future bet which would otherwise have gone into the progressive.


I've seen this at Seneca Niagara on old quarter progressives with stickers mentioning it and on Hot Shot Progressives with no mention of it anywhere allowing it. It's cheap as hell and I hate it when games do this stuff with no justification in the rules. There is so much to be had with SBG almost to the point I don't trust casinos anymore because in theory, it is the era where you no longer should.

On moving the progressive to other machines Alan, it would place all the other machines way out of whack, so it would be pointless to just give the money away with easier odds.
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