$43,000 after 4% tax and 1% tip=$40,850
$40,850/$25=1634 bets
$1250 (sf) after 4% tax=$1200
$1200/$25=48 bets
meter: .125/25=.005=.5%
cashback=.0167%?
plug 1634/48/25/9/6/4/3/2/1 and .5167% cashback into:
http://www.gamblingtools.net/vp/vpanalyzer.html
results:
payback=101.95%,var=85.19,10%ror bankroll=2687bets=$67,175
101.95+.5167=102.4667%net
(you have to be careful assuming the meter rate is the same as
cashback, since you always get cashback, unless they pull your card,
but only get the meter rate if you hit it)
--- In vpFREE@yahoogroups.com, "marksalot300" <Marksalot300@a...>
wrote:
OK, Iggy, you're might good with the math, and I enjoy your
conclusions even thought I only understand about 25% of them.
So, here's one for you, related to this progressive:
Assume you're playing the $5 9/6 JoB at the 43K royal. Cashback
is .0167. Pot progression is 12.5 cents for every hand played.
The
State will steal 4% from every W2G win, with no refund or fade-off
with documented losses. What's the payback percentage?
- Brian in MI
--- In vpFREE@yahoogroups.com, "nightoftheiguana2000"
<nightoftheiguana2000@y...> wrote:
>
> hmm, nobody playing?
> they might be kicking people out
> after 10,000 hands, your prob of hitting the royal is:
> 1-(1-1/32744)^10000=26%
> and your average loss (excluding rf and sf) is:
> (1.018635-.0489-.0056)-1 x10000x$25=-$8,966
> assuming the machines aren't rigged
>
> --- In vpFREE@yahoogroups.com, "marksalot300" <Marksalot300@a...>
> wrote:
> >
> > It was over $43,000 as of Sunday at about 2PM - and NOBODY was
> > playing any of the six machines.
> >
> >
> > --- In vpFREE@yahoogroups.com, "marksalot300"
<Marksalot300@a...>
> > wrote:
> > >
> > > OK, for all you gunners out there with the fat bankrolls,
Motor
> > > City's (Detroit) single-line $5 progressive crept past
$38,000
···
> > this
> > > afternoon. Base games include 9/6 JoB, NSUD, and 9/7 DB (and
> some
> > > other junk). Only one machine was in use when I was there.
> > >
> > > - Brian in MI