March 19th, 2025 at 1:37:23 PM
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Hi!
Trying to wrap my head around this.
It was pretty easy to make a simple calculator with the equation found here: /games/slots/mystery-jackpot-ainsworth/
The general formula for the Target Point can be given as:
t = m × (h + r) / (h + 2r), where:
t = Target Point
m = Max jackpot
r = Rise of meter rate
h = House edge of game (taking into consideration the average value of the progressive)
What I'm trying to figure out is how to alter the formula to account for 24% withholding for W2. I can't just add 24% to h everywhere correct? Bit lost on this. Dividing result by .76 results in targets higher than must hits.
Trying to wrap my head around this.
It was pretty easy to make a simple calculator with the equation found here: /games/slots/mystery-jackpot-ainsworth/
The general formula for the Target Point can be given as:
t = m × (h + r) / (h + 2r), where:
t = Target Point
m = Max jackpot
r = Rise of meter rate
h = House edge of game (taking into consideration the average value of the progressive)
What I'm trying to figure out is how to alter the formula to account for 24% withholding for W2. I can't just add 24% to h everywhere correct? Bit lost on this. Dividing result by .76 results in targets higher than must hits.
March 20th, 2025 at 3:02:07 AM
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In thinking more about this, I think I need a different calculation altogether to answer this question. Like an expected value calculation right?
For that I'd need the probability of winning on a given spin...
For that I'd need the probability of winning on a given spin...