Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
October 5th, 2015 at 4:33:55 PM permalink
Mohegan sun has a progressive for a seven cars straight flush in pai gow
It's a five dollar bet and currently is 1.7 million
No longer hiring, don’t ask because I won’t hire you either
SOOPOO
SOOPOO
  • Threads: 122
  • Posts: 11009
Joined: Aug 8, 2010
October 8th, 2015 at 12:26:46 PM permalink
Quote: Wizardofnothing

Mohegan sun has a progressive for a seven cars straight flush in pai gow
It's a five dollar bet and currently is 1.7 million



Can a joker be used? Ace high or low of course? What are the other payouts that the $5 bet is eligible for?
Neutrino
Neutrino
  • Threads: 84
  • Posts: 515
Joined: Feb 20, 2014
October 8th, 2015 at 1:17:08 PM permalink
What's the EV on this
Dieter
Administrator
Dieter
  • Threads: 16
  • Posts: 5551
Joined: Jul 23, 2014
October 8th, 2015 at 1:28:26 PM permalink
7 card straight flush is what, 800000:1, and this payout is 340000:1... so maybe I'm just too dumb to see it.
May the cards fall in your favor.
Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
October 8th, 2015 at 1:32:14 PM permalink
Joker can be used
No longer hiring, don’t ask because I won’t hire you either
tringlomane
tringlomane
  • Threads: 8
  • Posts: 6281
Joined: Aug 25, 2012
October 8th, 2015 at 7:23:08 PM permalink
Quote: Dieter

7 card straight flush is what, 800000:1, and this payout is 340000:1... so maybe I'm just too dumb to see it.



I would hope you don't always lose on hands worse than the 7 card straight flush.
Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
October 9th, 2015 at 5:04:07 PM permalink
No the other payouts start at. Full house Five aces and royal have separate progressives which are included as part of the 5 dollar wager-
No longer hiring, don’t ask because I won’t hire you either
1BB
1BB
  • Threads: 18
  • Posts: 5339
Joined: Oct 10, 2011
October 10th, 2015 at 12:24:54 PM permalink
Quote: Wizardofnothing

No the other payouts start at. Full house Five aces and royal have separate progressives which are included as part of the 5 dollar wager-



Hi, everyone. There are three progressives called Mega, Major and Minor. Here are the payouts.

Mega - 7 card straight flush - 100% of jackpot. Currently $1.7 million.

Major - 5 aces - 100% of jackpot. Currently $35,000.

Minor - Royal flush - 100% of jackpot. Currently $4,000.

Straight flush. - $500.

Four of a kind - $375.

Full house - $20.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
October 10th, 2015 at 12:31:04 PM permalink
Unless I'm wrong this is version two on the wizard of odds pay table and the wizard lists it at positive ev at 250k for 1 dollar which would equate to roughly 1.25 mill for 5. Making this a pretty large overlay- but what do I knowb
No longer hiring, don’t ask because I won’t hire you either
SOOPOO
SOOPOO
  • Threads: 122
  • Posts: 11009
Joined: Aug 8, 2010
October 10th, 2015 at 12:40:18 PM permalink
Quote: Wizardofnothing

Unless I'm wrong this is version two on the wizard of odds pay table and the wizard lists it at positive ev at 250k for 1 dollar which would equate to roughly 1.25 mill for 5. Making this a pretty large overlay- but what do I knowb



For this kind of large progressive I would say you have to include the tax as a factor when figuring out the EV. I pay over 40% in fed and state, so 1.7 million is 'only' 1 million for me, so it is still negative EV at that value.
Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
October 10th, 2015 at 12:45:50 PM permalink
Then most slot progressives on must hits would be negative ev even a must hit that was at 9999 must bit but 10k would be negative- you can go off that theory
No longer hiring, don’t ask because I won’t hire you either
bigfoot66
bigfoot66
  • Threads: 54
  • Posts: 1582
Joined: Feb 5, 2010
October 10th, 2015 at 4:40:36 PM permalink
Quote: Wizardofnothing

Then most slot progressives on must hits would be negative ev even a must hit that was at 9999 must bit but 10k would be negative- you can go off that theory



A must hit could certainly have negative EV, they do most of the time. Why WOULDN'T? you factor taxes in? What is the difference between winning $2 million and paying 50% tax vs winning $1 million tax free?
Vote for Nobody 2020!
Wizardofnothing
Wizardofnothing
  • Threads: 121
  • Posts: 3493
Joined: Jul 3, 2015
November 2nd, 2015 at 10:35:00 AM permalink
1.9 million as of yesterday, anyone know the exact edge on this?
No longer hiring, don’t ask because I won’t hire you either
  • Jump to: