Why do casinos cap the 'Major' jackpot at $1000?
In multiple casinos i've been to, All the low limit Lightning type games (50lines @ .01, .02,.05, .10 denom) have the Major progressive capped at $1000.
(It starts at $500, i think.)
And since $ is no longer flowing into that progressive, the casino just keeps the $?
thus why it's capped at $1000?
another way to get a little more profit?
btw-
i like Lightning better than the Dragon Link game.
https://www.casino-review.co/wp-content/uploads/2016/09/ICROnline-G2EAristocratVGT.png
They both have the same 2 types of bonus activation: 3 bonus symbols or 6+ coins appearing on the screen.
For bonus symbols, Lightning gives you the possibility of 6, 9 or 12 free games.
from what i've seen, Dragon Link is only 6 free games.
And Dragon Link also has the Major capped at $1000
whats your problem?Quote: RogerKintMaybe it's time for a "100xodds discusses casino games" thread. It could be your own little pair of dice in cyberspace.
what's wrong with discussing slots in the slot subforum.
You should know the answer or find it without a thread. I know but I'm not saying. I'm not your butler, ask Jeeves.Quote: 100xOddswhats your problem?
what's wrong with discussing slots in the slot subforum.
Quote: 100xOddswhats your problem?
what's wrong with discussing slots in the slot subforum.
Settle down. Just saying you'll have more time to reach your next diamond aspiration level. I'm personally looking forward to your 431st thread.
In the case of a frozen jackpot, I would guess the extra money goes into the backup fund.
EDIT: It Looks like the two lower jackpots are a flat $10 and $50 as well. Are you sure those three jackpots are ever progressive?
Quote: Deucekies
EDIT: It Looks like the two lower jackpots are a flat $10 and $50 as well. Are you sure those three jackpots are ever progressive?
The Major is, the smaller two are not. I don't know whether or not they could be, but on any machine I have seen, they are not.
Quote: Mission146Another reason is some pseudo-AP's will occasionally play progressives on a hunch, just on something being really far from reset. Anyway, it's possible to cap a Progressive such that it is never advantageous.
But since the jackpot is player supported, the house is still profiting even when a jackpot is over the break even point. Are you saying the casino just doesn't want to attract these "pseudo-AP's"?
guess the backup fund is for the Grand jackpot since the Major resets to $500.Quote: DeucekiesFor every dollar that is wagered, a percentage is kept by the house, a percentage goes up on the board to each jackpot, and anything left goes into a reseed backup fund. This is there so when a jackpot gets hit, it doesn't have to go all the way down to the minimum.
In the case of a frozen jackpot, I would guess the extra money goes into the backup fund.
(ive seen a $1000 capped Major hit and it reset back to the normal $500,)
Quote: DeucekiesBut since the jackpot is player supported, the house is still profiting even when a jackpot is over the break even point. Are you saying the casino just doesn't want to attract these "pseudo-AP's"?
Again, it's just something they could theoretically do. On the other hand, it could be over 100% when the jackpot hits the capped point. Barring access to a PAR sheet, or studying several thousands of spins, one doesn't really know.
On the contrary, I think some players might see that $1,000 capped jackpot as opposed to the ones on other machines and be, perhaps, more likely to assume it's good. I think actual AP's aren't going to make that assumption, in fact, I'd think actual AP's aware of certain accumulator machines that are never positive (such as Three Kings) would assume that the machine is not good. I think the average player may be more likely to assume it's awesome.
They rarely get to 1000.00 on the major, but one has been stuck at 1000.00 for numerous days.
Really fun to play if you are sitting down during it's "hot" mode. Not so fun if you're not. If it's not firing, a twenty goes pretty quick.
I watched a guy hit the grand for 17k about two weeks ago. He was only playing the .50 cent level.
yup, that's me.Quote: Mission146On the contrary, I think some players might see that $1,000 capped jackpot as opposed to the ones on other machines and be, perhaps, more likely to assume it's good.
I think actual AP's aren't going to make that assumption, in fact, I'd think actual AP's aware of certain accumulator machines that are never positive (such as Three Kings) would assume that the machine is not good.
I think the average player may be more likely to assume it's awesome.
I've become a Ploppy?
but i'll only play the ones that give me more or the possibility of more than 6 free games in the initial bonus round.
ie:
the Horse Racing themed version gives a fixed 10 free games instead of the usual 6.
and an Asian themed version makes me pick one of 2 images on the screen in the bonus round and it could be 6,9, or 12 free games.
more free games = more entertainment value
but if the Major reaches the $1000 capped max on the versions that only give 6 free games, I will play it but only with freeplay.
Quote: 100xOddsyup, that's me.
I've become a Ploppy?
I'm not saying that, they could very well be good when it hits the cap. I'm just saying I wouldn't assume it is without trying to deconstruct the game.
(It starts at $500, i think.)
And since $ is no longer flowing into that progressive, the casino just keeps the $?
thus why it's capped at $1000?
another way to get a little more profit?
It's mostly capped in the smaller casinos that I visit. So from my experience, I would guess it has to do with limited manpower and capping the jackpot reduces W2G situations.
exactlyQuote: CAD2In multiple casinos i've been to, All the low limit Lightning type games (50lines @ .01, .02,.05, .10 denom) have the Major progressive capped at $1000.
(It starts at $500, i think.)
And since $ is no longer flowing into that progressive, the casino just keeps the $?
thus why it's capped at $1000?
another way to get a little more profit?
It's mostly capped in the smaller casinos that I visit. So from my experience, I would guess it has to do with limited manpower and capping the jackpot reduces W2G situations.
I've really paid no attention to these machines because I don't have any interest in high risk progressives, AND, even if I did, I'd hate to spend all the time analyzing something to find it is never (or extremely rarely) +EV when I already recognized that as a possibility to begin with.
That said, I don't know that the casino just takes all of the money that would otherwise be going into the Major. Is it not possible that the Major rolls over to base + carryover, or alternatively, that the top jackpot starts moving faster when the Major is full as what would otherwise be going into the Major goes into the top one?
I pretty much agree with all of the other reasons, just not so much the holding money one, necessarily.
what if there's no progressive and the top prize is a fixed $10k?Quote: Mission146I'm not entirely sure I agree with all of that, but I don't disagree, either.
I've really paid no attention to these machines because I don't have any interest in high risk progressives, AND, even if I did, I'd hate to spend all the time analyzing something to find it is never (or extremely rarely) +EV when I already recognized that as a possibility to begin with.
That said, I don't know that the casino just takes all of the money that would otherwise be going into the Major. Is it not possible that the Major rolls over to base + carryover, or alternatively, that the top jackpot starts moving faster when the Major is full as what would otherwise be going into the Major goes into the top one?
I pretty much agree with all of the other reasons, just not so much the holding money one, necessarily.
(and the major is capped at $1k)
I've played enough to satisfy my slot itch.
1) Major was at $1000 so I popped in a $100 bill and played the minimum ($0.01 denom, 50 lines = $0.50 per spin).
2a) only got 1 bonus/free game round and only won like $1. ugg... :(
2b) only got 1 round of the coins. it was all .25 to .75, and only filled 11 of the 15 spots
3) at caesars, only got 30 tier credits for losing that $100.
It's $5 coin-in per tc.
To put it in perspective, if I didn't hit anything, I would get 20tc. ($100/5 = 20)
Quote: 100xOddswhat if there's no progressive and the top prize is a fixed $10k?
(and the major is capped at $1k)
I would think it would be a rolling Major in that instance, but I don't know. A rolling Major just means that the overage (Everything after it hits 1k) would be accumulated in the background and added to the base jackpot amount, whatever that is.
MickeyCrimm has discussed some machines in Montana that work that way, keno games, but that's due to a jackpot cap.
