Casino Talks

Posted by: Martee at March 2, 2002, 9:52 am

Topic: Odds for progessive? Forum: Winner Online

Scaven 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)?"

What I thought it meant was for each $100 you wager you will lose $3. So you deposit $100...wager $1000 you should have $70 left on the average.

Slotski said "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."

According to this schedule your $100 deposit would go down by $20 leaving you $80 after wagering $100. You would be broke when you hit $500 in wagering, on the average.

Is this correct??

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