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-----Original Message-----
From: aaquad250@yahoo.com <aaquad250@yahoo.com>
To: vpFREE@yahoogroups.com <vpFREE@yahoogroups.com>
Date: Tuesday, December 16, 2003 7:11 PM
Subject: [vpFREE] Re: Casino Changes
casinos don't gamble
sure, sometimes the jackpot cycle is longer than average, and
sometimes it's shorter too
as for megabucks, what's the cycle?
--- In vpFREE@yahoogroups.com, "brumar_lv" <brumar_lv@y...> wrote:
> --- In vpFREE@yahoogroups.com, "jelway_1997" <yahoogroups@m...>
wrote:
> > It might turn out that the casino makes more
> > money from a progressive bank if it is loaded by
> > multiple expert players. I'm not sure how the factors
> > all correlate.
>
> When I said the casino makes more money if the progressive gets
> high, I was referring to how the casinos fund progressive
jackpots.
> Lets assume a RF is won, on average, every 40,000 hands. But
> suppose, by chance, its won day after day at 10,000 game
intervals.
> This should upset the casino (although the progressive never got
very
> high) because too few games were played to fully fund those RF
wins.
> On the other hand, if 120,000 games are played before the RF is won
> (driving the progressive very high) there has been enough play to
> fund at least three RF wins, yet the casino only paid one. The
> casino should pray for a high progessive every time! Not only will
> it attract more players, but it means more money for the casino
too.
> That is the beauty of a progressive jackpot!!!!
>
> The same thing applies to Megabucks. I'm sure IGT was elated when
it
> reached $40 million last year. They probably made enough to fund
> that jackpot for the next 5 years, with plenty of money left over.
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