AZDuffman
AZDuffman
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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?
All animals are equal, but some are more equal than others
sabre
sabre
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October 26th, 2014 at 6:49:35 AM permalink
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DRich
DRich
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October 27th, 2014 at 12:46:36 PM permalink
Quote: AZDuffman

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?



Yes, it is just determining what that level is where it becomes positive.
At my age, a "Life In Prison" sentence is not much of a deterrent.
RS
RS
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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.
rsactuary
rsactuary
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November 2nd, 2014 at 12:57:54 PM permalink
Wizard of Odds has analysis on just this very thing.
mickeycrimm
mickeycrimm
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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
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