Math for Daily Jackpots
August 15th, 2018 at 7:06:10 PM
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www(.)krooncasino(.)com
/en/casino/daily-jackpots
Red Tiger has these daily jackpots where the jackpot must be won before the timer is up.
I can understand working out the maths for this if you treat it like a pool so that all winnings come from player contributions, but the daily jackpots reset to a $1000 base value so I'm wondering where that extra 1k is coming from.
Theoretically the casino will lose money if only 1 person plays when the time is nearly up and simply wins the 1k base value. I know this is improbably but theoretically speaking how can the casino afford to do this?
/en/casino/daily-jackpots
Red Tiger has these daily jackpots where the jackpot must be won before the timer is up.
I can understand working out the maths for this if you treat it like a pool so that all winnings come from player contributions, but the daily jackpots reset to a $1000 base value so I'm wondering where that extra 1k is coming from.
Theoretically the casino will lose money if only 1 person plays when the time is nearly up and simply wins the 1k base value. I know this is improbably but theoretically speaking how can the casino afford to do this?
