Individual progressive slot machines
October 26th, 2014 at 5:37:00 AM
permalink
As I only play slots when I have free-play or some other edge I rarely notice much about them. But I was killing time before a gig so U went down the block and cruised through the casino. I saw two things I really hadn't noticed before:
1. There is a new breed of slots with an "individual progressive" on them. IOW the bank of machines and one will have $8,000 as the total progressive and another has $11,000. Same machine otherwise.
2. Same as above but it is spelled out "Must pay out by $500.00"
So I got to wondering, is there ever a level of bonus one should look for to expect a positive EV on this kind of machine?
1. There is a new breed of slots with an "individual progressive" on them. IOW the bank of machines and one will have $8,000 as the total progressive and another has $11,000. Same machine otherwise.
2. Same as above but it is spelled out "Must pay out by $500.00"
So I got to wondering, is there ever a level of bonus one should look for to expect a positive EV on this kind of machine?
All animals are equal, but some are more equal than others
October 26th, 2014 at 6:49:35 AM
permalink
Search
October 27th, 2014 at 12:46:36 PM
permalink
Quote: AZDuffmanAs I only play slots when I have free-play or some other edge I rarely notice much about them. But I was killing time before a gig so U went down the block and cruised through the casino. I saw two things I really hadn't noticed before:
1. There is a new breed of slots with an "individual progressive" on them. IOW the bank of machines and one will have $8,000 as the total progressive and another has $11,000. Same machine otherwise.
2. Same as above but it is spelled out "Must pay out by $500.00"
So I got to wondering, is there ever a level of bonus one should look for to expect a positive EV on this kind of machine?
Yes, it is just determining what that level is where it becomes positive.
You can't know everything, but you can know anything.
October 27th, 2014 at 4:50:55 PM
permalink
Depends on the base return, how close it is, what it must hit by, and the meter rate. They're all different.
November 2nd, 2014 at 12:57:54 PM
permalink
Wizard of Odds has analysis on just this very thing.
November 2nd, 2014 at 2:21:25 PM
permalink
They are called Mystery Progressives and there are threads here about them. Mission has covered them pretty good.
"Quit trying your luck and start trying your skill." Mickey Crimm
