Scooby
Scooby
Joined: May 18, 2012
  • Threads: 1
  • Posts: 3
May 18th, 2012 at 9:25:33 AM permalink
First time poster, long time Wizard fan...

Over the past few months I have been playing Pai Gow poker at the Sun Coast in Las Vegas as the progressive is up over $200K. The cut of the dollar going toward the jackpot had been $.28. I am sure shuffle master gets a cut, the house takes a cut etc...

But yesterday I sat down and noticed that the cut going towards the jackpot is now just $.02!!! Two freak'n cents? The boss said that they are taking the extra to fund a higher starting jackpot after this one is hit.

Are there any regulations regarding this kind of highway robbery?
pokerface
pokerface
Joined: May 9, 2010
  • Threads: 12
  • Posts: 514
May 18th, 2012 at 10:04:42 AM permalink
I have to agree that this "highway robbery" is a crime,
but the players are not victims, they are conspirators.

If no one plays that bonus bet, the casino will remove it in a few days
winning streaks come and go, losing streak never ends.
DJTeddyBear
DJTeddyBear
Joined: Nov 2, 2009
  • Threads: 176
  • Posts: 10066
May 18th, 2012 at 10:05:54 AM permalink
Highway robbery?

Would you have preferred they reduce the current jackpot instead?
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁 Note that the same could be said for Religion. I.E. Religion is nothing more than organized superstition. 🤗
Zcore13
Zcore13
Joined: Nov 30, 2009
  • Threads: 37
  • Posts: 3387
May 18th, 2012 at 10:18:54 AM permalink
That is not highway robery. When a dollar gets placed into the jackpot it get divided into multiple areas. Main Jackpot (that you see), reserve jackpot (used to reset the amount after a jackpot), house fee (to the Casino) distributor fee (to Shuffle Master), etc. If they started taking it all for themselves that's a little different, but they are putting it into the reserve so that when the jackpot does hit they can reset the jackpot to something like $15,000 instead of $5,000.

You can't make everyone happy all the time. If they let the main jackpot grow to $30,000, 40,000 or $50,000 then reset it at $5,000 people will complain and there will be less play on it. It's a good move at some point if the reset amount is not strong to start sending more money to it.

ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
  • Threads: 68
  • Posts: 11933
May 18th, 2012 at 10:27:43 AM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
cardshark
cardshark
Joined: Nov 30, 2009
  • Threads: 9
  • Posts: 239
May 18th, 2012 at 10:51:12 AM permalink
I think what the casino is doing is wrong. Taking a part of the bet to fund a future progressive jackpot that you have no chance of winning at the time you made your bet seems wrong.

To those that don't see an issue with this, what if the casino took it one step further? What if, instead of taking your $0.28 to fund a future pai gow progressive, they used it to fund the Caribbean Stud progressive? Is there really a difference? You cannot win the progressive amount being funded by your bet either way.
rdw4potus
rdw4potus
Joined: Mar 11, 2010
  • Threads: 80
  • Posts: 6925
May 18th, 2012 at 10:54:49 AM permalink
Quote: cardshark

I think what the casino is doing is wrong. Taking a part of the bet to fund a future progressive jackpot that you have no chance of winning at the time you made your bet seems wrong.

To those that don't see an issue with this, what if the casino took it one step further? What if, instead of taking your $0.28 to fund a future pai gow progressive, they used it to fund the Caribbean Stud progressive? Is there really a difference? You cannot win the progressive amount being funded by your bet either way.



Theoretically you can win the jackpot you're betting on. Player 1 gets a 7 card straight flush in spades, and wins $200k; player 2 gets a 7 card straight flush in clubs on the same hand and wins the reserve jackpot.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
rdw4potus
rdw4potus
Joined: Mar 11, 2010
  • Threads: 80
  • Posts: 6925
May 18th, 2012 at 10:57:23 AM permalink
Quote: Ibeatyouraces

I don't care how much goes into the pot but rather just how much the pot is. If its positive EV, I may bet it or I may not but if its negative EV, I certainly will not play it.



Breakeven is about $268,000.

I wonder if Sun Coast posts a maximum value on their progressive. Stations posts a $150,000 max, after which additional play funds the reserve jackpot.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
cardshark
cardshark
Joined: Nov 30, 2009
  • Threads: 9
  • Posts: 239
May 18th, 2012 at 11:04:52 AM permalink
Quote: rdw4potus

Theoretically you can win the jackpot you're betting on. Player 1 gets a 7 card straight flush in spades, and wins $200k; player 2 gets a 7 card straight flush in clubs on the same hand and wins the reserve jackpot.



Ok, ok, ok. VERY theoretically. What your are describing is incredibly unlikely! I think my point still stands.
rdw4potus
rdw4potus
Joined: Mar 11, 2010
  • Threads: 80
  • Posts: 6925
May 18th, 2012 at 11:16:53 AM permalink
Quote: cardshark

Ok, ok, ok. VERY theoretically. What your are describing is incredibly unlikely! I think my point still stands.



Yes, your point still stands. But, winning the jackpot once is also incredibly unlikely:-)
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett

  • Jump to: