The math is really simple if I understand Michey Crimm's post on the Quick Strike machine. This is a new play for to me, so I hope the experienced players will add to or correct this post.
If you find a machine at $46 your average win is $48 and your average cost is $40 if the base return is 80%. This assumes the bonus payout increases at .01 per dollar played (1% movement). 80% payback is the minimum payback allowed in many jurisdictions and the minimum still gives you a 4% edge. If the machine payback is 90% then your average cost is $20 and your edge 14%. There is no way to know the slot machine payback so just be conservative on your cutoff.
Chris
--- In vpFREE@yahoogroups.com, "tomflush" <tomflush@...> wrote:
>
> Cant really answer the Math involved, but I can tell you about a recent
> experience I had. Found a machine at mohegan Sun that was at $46, and must
> hit by $50. At 40C a pop, I went through $100 fairly quickly, and I believe
> the Meter was at $47.50 when I left. I walked away from the machine fearing
> investing another $100 to make $50 would be a bad gamble at that point stuck
> $100 and counting.
> Now, players are not dumb ( except maybe me ) ...but I'll play from now on
> if I find a must-hit mini at $48, or a must-hit major at $480. I know its
> rare to find anything that high...but...you can get burned by these near
> jackpot machines.
> best...Tom
>
> ----- Original Message -----
> From: "vpplayer88" <vpplayer88@...>
> To: <vpFREE@yahoogroups.com>
> Sent: Friday, November 02, 2012 2:40 PM
> Subject: [vpFREE] Question about slot machine returns
>
>
> >
> > I have been playing some of the must hit by slot machines when the
> > jackpots get to certain levels and I've been working through the math to
> > figure out the +EV spots.
> >
> > My question and my uncertainty is around the base return of some games
> > (the Ex-jackpot return), which is a key factor in figuring out the cutoff
> > points.
> >
> > One question I have is whether the base return of the game varies based on
> > the number of credits per spin. For example if a machine can be played at
> > max lines anywhere from 40 cents to 2 dollars, does the base return
> > usually vary or is it just multiplied by 5 as you go to max credits.
> >
> > This is important because I know what the returns of classes of machines
> > are like penny slots at my local casinos, but it would be really helpful
> > to know how to interpret this information. The difference between an 85%
> > return machine and a 90% return machine can be big for figuring out cutoff
> > points.
> >
> > I guess I am wondering if a standard slot machine like this is usually
> > programmed to offer different odds depending on the number of credits bet,
> > or whether the additional credits just act as a pure multiplier.
> >
> > Any help would be appreciated.
>
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