onenickelmiracle
onenickelmiracle
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February 18th, 2013 at 10:49:01 AM permalink
$1 progressive bet for LIR, 4CP, UTH, Mississippi Stud, TH. Progressives start at $10,000.

For each game's progressive, the progressive wager is based on a five-card poker hand. The odds of winning the top prize with a Royal Flush are the same across all games.

Four Card Poker still plays as usual for the base game, using the best four card hand from the five cards dealt. All five cards are combined to determine the progressive wager outcome.

Ultimate Texas Hold 'Em, Mississippi Stud will still play as usual for the base game. The five cards used to determine the progressive winner are the player's two hole cards plus the first three community cards(the flop).

Let It Ride still plays as usual for the base game. The five cards used to determine a progressive winner are the player's three hole cards plus the two community cards.

Hands pay:

RF 100%(starts at $10,000)
SF 10%
4OAK $300
FH $50
Flush $40
Straight $30
3OAK $9

Any tips, break downs, best game to play? I am betting it is almost as simple as just taking the draw poker odds and going from there. I don't know much about all the 5 games, but 4OAK seems the best shot since you will actually see all 5 cards and the others will have to be gambled further to win not knowing until more bets are made. Naturally, unfortunately, I do not know how much of the bets go toward the actual progressive meter.
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teddys
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February 18th, 2013 at 10:54:37 AM permalink
It's a proprietary progressive marketed by SHFL for their games. The house edge is usually in the 20% range, although it can become positive with a high enough jackpot.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
onenickelmiracle
onenickelmiracle
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February 18th, 2013 at 10:59:49 AM permalink
Quote: teddys

It's a proprietary progressive marketed by SHFL for their games. The house edge is usually in the 20% range, although it can become positive with a high enough jackpot.

Thanks teddys for info. Figured it would be nothing new. I do have to rant about all these proprietary progressives only intent is to confuse people. Plus what I really like is if there is a malfunction or they feel like changing it without obviously telling anyone, they have the right and nobody will even know to complain.
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teddys
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February 18th, 2013 at 11:02:22 AM permalink
Quote: onenickelmiracle

Thanks teddys for info. Figured it would be nothing new.

They aren't but it is still possible to find a player-positive jackpot. I prefer the version that pays out for the royal using all seven cards (for example on UTH). I found an almost-positive meter at a very small locals' casino in Las Vegas. Of course, you won't hit the jackpot, but it's fun to keep throwing a buck up there knowing you have the "edge." Hell of a lot better than the lottery.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
onenickelmiracle
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February 18th, 2013 at 11:08:54 AM permalink
Quote: teddys

They aren't but it is still possible to find a player-positive jackpot. I prefer the version that pays out for the royal using all seven cards (for example on UTH). I found an almost-positive meter at a very small locals' casino in Las Vegas. Of course, you won't hit the jackpot, but it's fun to keep throwing a buck up there knowing you have the "edge." Hell of a lot better than the lottery.


Ohio Classic Lotto now 113% return, but I get the point.
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tringlomane
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February 18th, 2013 at 11:47:28 AM permalink
Quote: onenickelmiracle

I am betting it is almost as simple as just taking the draw stud poker odds and going from there. I don't know much about all the 5 games, but 4OAK seems the best shot since you will actually see all 5 cards and the others will have to be gambled further to win not knowing until more bets are made. Naturally, unfortunately, I do not know how much of the bets go toward the actual progressive meter.



Yes, you simply just use 5-card poker probabilities. Also the only game where folding would possibly matter is MS stud, but I would hope there would be recourse to collect on weak starting hands that you fold backing into monsters.

And this is what the base payout table looks like:

Hand Combinations Probability Payoff Return
Royal flush 4 1.53907716932927E-006 10000 0.0153907717
Straight flush 36 1.38516945239634E-005 1000 0.0138516945
Four of a kind 624 0.000240096 300 0.0720288115
Full house 3744 0.0014405762 50 0.0720288115
Flush 5108 0.0019654015 40 0.0786160618
Straight 10200 0.0039246468 30 0.1177394035
Three of a kind 54912 0.0211284514 9 0.1901560624
All other 2524332 0.9712854373 0 0
Total 2598960 1 0.559811617


This is the payout table at the breakeven point of $160,530.53. Note that at this point the return of a Royal is almost 25%, so the progressive bet even with a good meter is akin to playing the lottery except with a much better payout. I have yet to see a meter close to $160k. In my area, an $120k meter is one of the better ones I have ever seen, which would be an 88.15% return.

Hand Combinations Probability Payoff Return
Royal flush 4 1.53907716932927E-006 160530.53 0.247068868
Straight flush 36 1.38516945239634E-005 16053.05 0.2223619812
Four of a kind 624 0.000240096 300 0.0720288115
Full house 3744 0.0014405762 50 0.0720288115
Flush 5108 0.0019654015 40 0.0786160618
Straight 10200 0.0039246468 30 0.1177394035
Three of a kind 54912 0.0211284514 9 0.1901560624
All other 2524332 0.9712854373 0 0
Total 2598960 1 1.0000000
onenickelmiracle
onenickelmiracle
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February 18th, 2013 at 11:57:43 AM permalink
Thanks Tring. Reality-ouch.
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teddys
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February 18th, 2013 at 12:34:47 PM permalink
Quote: onenickelmiracle

Ohio Classic Lotto now 113% return, but I get the point.

Not accounting for federal and state taxes, diminished value of the lump sum payment, chance of splitting jackpot with other players I assume? Not to mention the extremely high coefficient of variance.

But yes, I get your point as well :)
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Ibeatyouraces
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February 18th, 2013 at 12:51:14 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Nareed
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February 18th, 2013 at 1:44:46 PM permalink
Why does the format of this thread reseemble a low-budget hallucination?
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tringlomane
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February 18th, 2013 at 2:16:32 PM permalink
Quote: Nareed

Why does the format of this thread reseemble a low-budget hallucination?



You mean the posts after my tables? Some sort of formatting glitch or something, I'm guessing.
Nareed
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February 18th, 2013 at 3:01:41 PM permalink
Quote: tringlomane

You mean the posts after my tables? Some sort of formatting glitch or something, I'm guessing.



Yes, that. Your post sort of goes awry after one table, then the whole thread goes haywire.
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tringlomane
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February 18th, 2013 at 3:11:06 PM permalink
Quote: Nareed

Yes, that. Your post sort of goes awry after one table, then the whole thread goes haywire.



Found the error. I left the slash out of end table command to close it. Sorry about that.
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