Casino Talks

Posted by: slotski at March 2, 2002, 4:25 am
Topic: Odds for progessive? Forum: Winner Online

Scaven, you asked:
"exactly what does the payout % mean, does it mean that you will (for a 97% payout) only lose 3% of you deposit if you play enough hands (or for a certain period of time for all users playing it)?"

It means that over a period of time (thousands and thousands of spins), you will lose on average 3% of your bankroll each time you play it through!!! Its like compounded interest in reverse.

Plus, the 97% figure includes the top jacpot payout. This happens on avg. 1/1mill spins or more i beleve. If you assume you wont hit top jackpot during your session (a smart bet,lol) then this % goes down to a much lower % (maybe 75-80%?) and you are losing 20-25% of bankroll each on avg each playthrough over time.

Similar entries:

Odds for progessive?
Odds for progessive?
Four Dogs Hold'em Out Chart
Poker Math
How often do you chase against the odds?
Poker odds question #1
Poker Math
Questions for the more advanced players
Don't play at Sci-Fi!!!
Poker odds question #2

Casino Classic
Get $500 free on the house!

Categories:

online poker  free online poker  poker hands  gambling tips  casinos  casino bonus  internet gambling  poker strategy  online slots  online gambling  internet poker  free casino  betting  poker chip sets  online casino  full tilt poker  craps  best casino  gambling  casino gambling  

Links:

Movie Talks
Forum Extractor







Casino Classic.
Get $500 free on the house!



CLOSE