Jack P wrote:
If that's true why does AC continue to offer only iow pay 5 play
MS (the borgata in particular). What are they worried about? I have
the bankroll and I'm dying to jump in with both feet.----Jack P
Many properties, particularly in AC, shy away from strong paytables in
multiplay machines. This bucks the sensibility that the higher the
total wager per play, the more a casino can afford a smaller edge --
the higher total expected win per play compensates. Like any
business, a casino should be willing to accept lower margins for
higher volume "purchases".
However, the influence on bet-variance per play of multiline play
exposes a casino to greater risk during strong promotions. For
example, a player who doesn't possess the bankroll to approach $5
single line play might well be able to tolerate play at the same wager
per play when playing 5-play $'s. Consequently multiplay provides
"advantage" players an avenue to approach a strong promotion at much
higher coin-in than otherwise would be expected -- exposing the casino
to an unusually high loss exposure on that portion of their inventory.
This may well be the reason why casinos are hesitant to offer strong
multiplay paytables.
However, it seems that casinos haven't recognized that MS doesn't
share the variance-lowering characteristic of its multiplay cousins.
In fact, when played "full coin" MS has a higher bet-variance than the
equivalent same wager single line play.
As you suggest, a casino should be willing to offer the same paytables
on it's 5-play $1 MS inventory as it does on it's $5 single line
inventory. The same should go for any other comparison of MS to
single line plays that have near equivalent total bets.
Don't look for the average risk-averse floor manager to arrive at such
an enlightened realization.
- Harry