Wizard
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Wizard 
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Thanks for this post from:
camapl
September 12th, 2021 at 8:59:51 PM permalink
What do you think of this formula: tip = 2*sqrt(jackpot-1100). This was designed to get close to $20 for $1200 and $2000 for a million. Here are some examples of tips by jackpot:

Jackpot Tip
$1,200 $20.00
$2,000 $60.00
$3,000 $87.18
$4,000 $107.70
$5,000 $124.90
$10,000 $188.68
$15,000 $235.80
$20,000 $274.95
$25,000 $309.19
$50,000 $442.27
$100,000 $628.97
$1,000,000 $1,998.90
$15,000,000 $7,745.68


Of course, round up/down as you see fit and consider the level of service as so forth.
It's not whether you win or lose; it's whether or not you had a good bet.
ChumpChange
ChumpChange
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September 12th, 2021 at 9:05:51 PM permalink
This seems worse than ATM credit card fees or Western Union or something.
How much does the casino charge to wire the winnings to your bank account? $30 by the casino & $30 by the bank receiving it?
There might be a $100,000 per day limit on transfers.
Last edited by: ChumpChange on Sep 12, 2021
MichaelBluejay
MichaelBluejay 
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September 13th, 2021 at 2:45:03 AM permalink
Quote: Wizard

What do you think of this formula: tip = 2*sqrt(jackpot-1100).

It's not unreasonable, but it's a bit difficult for my readers to apply. $20 up to $20k and then 0.1% after that is a lot easier. I just worry that that probably overtips for amounts over $1M.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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September 13th, 2021 at 2:59:40 AM permalink
Quote: Wizard

What do you think of this formula: tip = 2*sqrt(jackpot-1100). This was designed to get close to $20 for $1200 and $2000 for a million. Here are some examples of tips by jackpot:

Jackpot Tip
$1,200 $20.00
$2,000 $60.00
$3,000 $87.18
$4,000 $107.70
$5,000 $124.90
$10,000 $188.68
$15,000 $235.80
$20,000 $274.95
$25,000 $309.19
$50,000 $442.27
$100,000 $628.97
$1,000,000 $1,998.90
$15,000,000 $7,745.68


Of course, round up/down as you see fit and consider the level of service as so forth.
  • link to original post

    Chop the tip amount in half and I think it's a fair formula for both.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
    Wizard
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    Wizard 
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    September 13th, 2021 at 4:44:10 AM permalink
    Quote: AxelWolf

    Chop the tip amount in half and I think it's a fair formula for both.

  • link to original post



    $10 for $1200, I think, will look cheap.

    Quote: MichaelBluejay

    It's not unreasonable, but it's a bit difficult for my readers to apply. $20 up to $20k and then 0.1% after that is a lot easier. I just worry that that probably overtips for amounts over $1M.

  • link to original post



    $20 for $20,000 will definitely look cheap. However, I accept some people may struggle with calculating a square root.
    It's not whether you win or lose; it's whether or not you had a good bet.
    AZDuffman
    AZDuffman
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    September 13th, 2021 at 5:49:12 AM permalink
    Quote: Wizard

    Quote: AxelWolf

    Chop the tip amount in half and I think it's a fair formula for both.

  • link to original post



    $10 for $1200, I think, will look cheap.

    Quote: MichaelBluejay

    It's not unreasonable, but it's a bit difficult for my readers to apply. $20 up to $20k and then 0.1% after that is a lot easier. I just worry that that probably overtips for amounts over $1M.

  • link to original post



    $20 for $20,000 will definitely look cheap. However, I accept some people may struggle with calculating a square root.
  • link to original post



    What is the difference? They are a cashier! Tipping the hand pay reminds me of how it used to be "expected" to tip your bookie 100 of the 600-1 you got when your number hit. Unlike a dealer, providing you with a game, the hand-pay is actually an inconvenience to the player.

    A line has to be drawn.
    All animals are equal, but some are more equal than others
    Dieter
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    Dieter
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    September 13th, 2021 at 6:00:48 AM permalink
    Quote: AZDuffman

    Unlike a dealer, providing you with a game, the hand-pay is actually an inconvenience to the player.

    A line has to be drawn.

  • link to original post



    I remember that one time, the attendant apologized for a handpay and declined a tip. The machine misconfiguration caused a handpay lockup over a $250.00 win.

    I found the experience to be simultaneously annoying and hilarious.
    May the cards fall in your favor.
    AZDuffman
    AZDuffman
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    September 13th, 2021 at 6:07:50 AM permalink
    Quote: Dieter



    I remember that one time, the attendant apologized for a handpay and declined a tip. The machine misconfiguration caused a handpay lockup over a $250.00 win.

    I found the experience to be simultaneously annoying and hilarious.

  • link to original post



    I would not hold anything against the attendant there, file it under just one of those things.
    All animals are equal, but some are more equal than others
    AxelWolf
    AxelWolf
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    September 13th, 2021 at 6:41:33 AM permalink
    Quote: Wizard

    Quote: AxelWolf

    Chop the tip amount in half and I think it's a fair formula for both.

  • link to original post



    $10 for $1200, I think, will look cheap.

    Quote: MichaelBluejay

    It's not unreasonable, but it's a bit difficult for my readers to apply. $20 up to $20k and then 0.1% after that is a lot easier. I just worry that that probably overtips for amounts over $1M.

  • link to original post



    $20 for $20,000 will definitely look cheap. However, I accept some people may struggle with calculating a square root.
  • link to original post

    I don't think $10 on $1,200 looks cheap, nor does it say generous. It's satisfactory, and I doubt any non greedy slot person would't be appreciative.

    Yes, $20 on 20k is cheap I think it would be better for the customer to just give nothing in that case.

    The problem is that you guys are trying to come up with a standard formula when there are too many variables. Your formulas haven't adresses situations where someone is getting frequent hand pays. Image being a VP pro and tipping out $400-$900+ a month.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
    AxelWolf
    AxelWolf
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    September 13th, 2021 at 6:52:49 AM permalink
    Quote: AZDuffman

    Quote: Wizard

    Quote: AxelWolf

    Chop the tip amount in half and I think it's a fair formula for both.

  • link to original post



    $10 for $1200, I think, will look cheap.

    Quote: MichaelBluejay

    It's not unreasonable, but it's a bit difficult for my readers to apply. $20 up to $20k and then 0.1% after that is a lot easier. I just worry that that probably overtips for amounts over $1M.

  • link to original post



    $20 for $20,000 will definitely look cheap. However, I accept some people may struggle with calculating a square root.
  • link to original post



    What is the difference? They are a cashier! Tipping the hand pay reminds me of how it used to be "expected" to tip your bookie 100 of the 600-1 you got when your number hit. Unlike a dealer, providing you with a game, the hand-pay is actually an inconvenience to the player.

    A line has to be drawn.
  • link to original post

    For me, it's basically the cost of doing business, however, at this point I would tip either way.

    Everyone has to draw their own line when it comes to all tipping. I'm highly opposed to tipping 18% on expensive meals, unless I'm in a group setting, I usually tip less.
    ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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