--- In vpFREE@yahoogroups.com, "nightoftheiguana2000" <nightoftheiguana2000@...> wrote:
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> Also, the comparison here is to FPDW. If everybody plays FPDW perfectly, the casino loses money. But even if everybody plays 9-6 double double bonus with 1% progressive perfectly, the casino still makes money. Gamblers will jump at either situation because in the first they have the edge and in the second they are overvaluing a jackpot that they have to compete for, as in an auction. In the first case the casino loses money, in the second they make money. Seems like the game theoretical solution should be obvious here. Sure there will be some gamblers with control who can wait for a high jackpot number, just like in the lottery, but in order for them to get a high number other gamblers must have pumped it up, so that's revenue neutral for the casino. The casino actually wants to see high jackpots because that means they haven't payed out the jackpot for some time and the higher levels stimulate more player action, just like the lottery.
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Check this link out. I know I've mentioned this before. Look specifically at the game on the bottom called Megajacks.
http://www.jackpotgraphs.com/video-poker-jackpots.html
Megajacks is a 9-6 JoB progressive for quarters. It resets, I think, at $350, maybe $300. It was really low this morning after being hit last night at $1234. Amazingly, someone still pumps it up from such a small number because tomorrow it will be up past a grand I guarantee you. It gets high all the time. It is frequently over $2000 and I have seen it hit $5000 a few times. Holy crap! I don't know what the meter is but it must be high. And it is a very very popular game, obviously, where it has been hit many many times. (even without U.S.players since 2006)
Compare it with some of the other games being monitored at that link, like Boss Media's progressives. They offer a 7-5 JoB. And their jackpots take FOREVER to grow, because no one plays them. They are so friggin stupid. I have always enjoyed Boss Media software (before 2006) and they are trustworthy, but clueless. You've got Playtech offering a close game like Megajacks that gets played a lot, and Boss Media that deals a crappy game that gets played almost zero. A large percent of nothing is still nothing! And in B&M casinos, all over Vegas, I see the same thing, crappy progressives with slow meters, and one little old lady sitting at a bank of twelve machines. What are these casino suits THINKING?!!!
