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NV Casino "bleeds" high progressive?

#1

This strongly looks to me like a case of "machine malfunction voids all pay." There is no $1 machine progressive meter in the world that's going to go up $400 a day with normal settings. I think the meter was set too fast, and management took action upon realizing this. I don't personally consider it all likely that this was a true machine malfunction. More like a casino staff brain malfunction. But it wouldn't surprise me to learn that the casino simply hammered the jackpot down to what the "intended" accrual would have been, which might be a move of highly questionable legality, but hey, forget it, it's Chinatown.

WRX

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#2

Too funny! I have seen $ progressive go up $8k in less than a day with just a 1% meter. $400 in one day I see just about every day.

#3

The number of machines linked to the progressive makes a big difference, also there might be multiple banks linked together throughout the casino. And of course the IGT megajackpots are statewide. There are however a lot of joke progressives (and must-hits) where the progressive rate is just a quarter percent or even less.

#4

A good meter is just one of the most beautiful things in video poker. On a bank of 10 to 20 $ machines that get decent action… I’ve seen well over $400 a day.

C

#5

The higher the progressive gets, the more there’s a frenzy of people playing faster and making more mistakes in an attempt to bag the big prize before the other gamblers. That’s why the progressives with quarter percent meter rates and less are jokes both for players and casinos, they never generate the frenzy. Any casino with 9-6 double double bonus should have a 2% royal progressive with 8-5 double double bonus, both games have about the same theoretical hold for the casino, but the progressive will generate much more action because of the frenzy it creates. Many dummy slots have 2% or greater meter rates for the same reasons, the slot manufacturers know this generates play.

#6

OK, the original poster did say “bank.” We don’t see too many frenzy-inducing fast meter banks in northern Nevada, I’m afraid. On a $1 standalone 1 percent meter machine, it would take $40,000 coin in to raise the meter $400 in a day, which would require over 13 hours of play at 600 hands per hour, which I wouldn’t call “light to moderate play.” Must have been a substantial bank.

#7

Clarification:

10+ seats on the bank; 0.5% meter. So, yeah approx 26 hours of play. Assume most play occurs between 8a and 10p, and you’re talking about an average of 2 machines occupied any time within that span – so, yeah, “light to moderate”.

(btw, WRX, I’m pretty sure you’re quite familiar with the “bank”)

—In vpF…@…com, <wrx144@…> wrote :

OK, the original poster did say “bank.” We don’t see too many frenzy-inducing fast meter banks in northern Nevada, I’m afraid. On a $1 standalone 1 percent meter machine, it would take $40,000 coin in to raise the meter $400 in a day, which would require over 13 hours of play at 600 hands per hour, which I wouldn’t call “light to moderate play.” Must have been a substantial bank.