Hi all
I know some once posted how high these big mega slots had to be to be full
pay.
If anyone could provide me with info on Mega Bucks & $1.00 Wheel of Fortune I
would appreciate it
Joe
[Non-text portions of this message have been removed]
I think the concept of "full pay" on these slots is a little silly... let's assume for the sake of argument that the $1.00 "Squeal Of Torture" machine goes "positive" at $2.5 million.
That means that if you pumped $2.5 Million into the machine, you'd likely hit it before you went broke.
I would think that if one had $2.5 MM sitting around to gamble with, one would play a better game -- like, say, the stock market.
Not to mention that at $3 a spin, that's 833,333 spins (and that damn extra dollar that you always have left on the meter at the end of your run on them...). IF we assume that a spin takes 20 seconds (without a bonus round) then, at a minimum, that's 4,629 hours of play -- more than 192 straight days 24X7, or if you play 9-5 monday through friday, more than 2 years.
Plus, I have a feeling that the "breakeven" on those machines is astronomically high, far more than even the $2.5 MM that I pulled out of the air.
But, um, go ahead and enjoy your "advantage" play on the Squeal of Torture, secure in the knowledge that you have an "edge" on the casino. 
On Jul 21, 2005, at 9:45 AM, jwon7878@cs.com wrote:
Hi all
I know some once posted how high these big mega slots had to be to be full
pay.
If anyone could provide me with info on Mega Bucks & $1.00 Wheel of Fortune I
would appreciate it
Joe
John - your reasoning assumes that the only payoff on those machines
is the big jackpot, i.e. that between jackpots they have a payoff of
0%. Oh, and the reset is said to be $7M.
If we assume that the game pays true odds (which is obviously not the
case) and that 10% of the payoffs come from the jackpot (a number I'm
pulling out of thin air), it's going to take 23 million pulls to hit a
jackpot - that's 15 years (800 spins per hour, 8 hours a day, 240 days
per year). If the number is indeed 180 spins per hour, it will take a
lifetime.
JBQ
On 7/21/05, John Thomas <jfthomas3@comcast.net> wrote:
I think the concept of "full pay" on these slots is a little silly...
let's assume for the sake of argument that the $1.00 "Squeal Of
Torture" machine goes "positive" at $2.5 million.That means that if you pumped $2.5 Million into the machine, you'd
likely hit it before you went broke.I would think that if one had $2.5 MM sitting around to gamble with,
one would play a better game -- like, say, the stock market.Not to mention that at $3 a spin, that's 833,333 spins (and that damn
extra dollar that you always have left on the meter at the end of
your run on them...). IF we assume that a spin takes 20 seconds
(without a bonus round) then, at a minimum, that's 4,629 hours of
play -- more than 192 straight days 24X7, or if you play 9-5 monday
through friday, more than 2 years.Plus, I have a feeling that the "breakeven" on those machines is
astronomically high, far more than even the $2.5 MM that I pulled out
of the air.But, um, go ahead and enjoy your "advantage" play on the Squeal of
Torture, secure in the knowledge that you have an "edge" on the
casino.On Jul 21, 2005, at 9:45 AM, jwon7878@cs.com wrote:
> Hi all
> I know some once posted how high these big mega slots had to be to
> be full
> pay.
> If anyone could provide me with info on Mega Bucks & $1.00 Wheel of
> Fortune I
> would appreciate it
> JoevpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
So, change "little silly" to "a lot silly".
And like I said -- enjoy your "advantage" play.
On Jul 21, 2005, at 10:34 AM, Jean-Baptiste Queru wrote:
John - your reasoning assumes that the only payoff on those machines
is the big jackpot, i.e. that between jackpots they have a payoff of
0%. Oh, and the reset is said to be $7M.If we assume that the game pays true odds (which is obviously not the
case) and that 10% of the payoffs come from the jackpot (a number I'm
pulling out of thin air), it's going to take 23 million pulls to hit a
jackpot - that's 15 years (800 spins per hour, 8 hours a day, 240 days
per year). If the number is indeed 180 spins per hour, it will take a
lifetime.
I was told by one of the more informed people on these boards that the
Megabucks goes positive at approximately $35 million, which is a level
it has never reached. The total payout is 85%, which results in the
average player losing $130 an hour. The $130 an hour figure is
heavily skewed low by the large jackpots. If you take the jackpots
out, the hourly loss is closer to $175.
I was told by one of the more informed people on these boards that
the
Megabucks goes positive at approximately $35 million, which is a
level
--- In vpFREE@yahoogroups.com, "mymooney2000" <bcunning@s...> wrote:
it has never reached.
================================================
The answer from yesterday's LVA question of the day was:
The largest slot jackpot was hit on a dollar Megabucks machine in
April 2003 at Excalibur: $39,710,826.36. The big winner was a 25-year-
old software engineer from California, in town to watch the NCAA
basketball tournament.
All right. So that means that we have:
jackpot = $0 -> avg play loses $175 per hour.
jackpot = avg play loses $130 per hour, 15% house edge.
jackpot = $35M -> avg play loses 0.
That would put the average jackpot at $9M.
The house edge at $7M (assuming that's the reset value) is 16.15%.
Assuming $3 per play, $130 per hour @85% means approximately 290 spins per hour.
Assuming that the jackpot symbol has a 1-in-128 chance of appearing on
each of 4 reels, the jackpot cycle would be approximately 268 million,
which would match $800 million coin-in. That would make the meter a
0.25% progressive (since the jackpot goes up by $2M for $800M
coin-in).
Each time someone pockets such a jackpot, the casinos pocket about $120M.
268 million spins at 290 spins per hour takes a bit more than a century 24/7.
Of course, there are lots of assumptions in those numbers, don't go
think that they are actually accurate. They are mostly here for my
personal entertainment value, I just thought I'd share. I'm hopelessly
bored, I guess.
By comparison, the odds of being dealt a sequential RF of spades (or
any other hand in-order, actually) are about 1-in-311 million, not
very different.
JBQ
I was once told that the meter had to be $1 higher, regardless of the
number.
On Thu, 21 Jul 2005 09:45:36 EDT, you wrote:
Hi all
I know some once posted how high these big mega slots had to be to be full
pay.
If anyone could provide me with info on Mega Bucks & $1.00 Wheel of Fortune I
would appreciate it
Joe[Non-text portions of this message have been removed]
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links