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Hi everyone,
Different posters have put forward a number of points/theories/speculation in regards to RTG Random Jackpots which I feel need to be clarified. Firstly I am unsure as to why people would think that a "Random" Jackpot would hit on a given number of spins or be determined by any other factors. As the name suggests this is not the case. These Jackpots hit at random and they are not determined by spins, bet size or any other variable. If you take a look at the Random Jackpots listed in our previous newsletter iNetBet.com - Newsletter you will see that there are no set values for when a Jackpot will hit, neither is there a given timeframe. Take for example the Cleopatra’s Gold Jackpot. This has been hit on 14 occasions this year. The full data is as follows: Machine * Date *Days Prior * Bet * Win Cleopatra’s Gold * 1/1/06 0:35 * - * 100.00 * 4,718.24 Cleopatra’s Gold * 1/21/06 19:53 * 20 * 10.00 * 5,859.21 Cleopatra’s Gold * 2/18/06 20:26 * 28 * 10.00 * 7,114.38 Cleopatra’s Gold * 3/17/06 10:24 * 27 * 0.20 * 6,321.94 Cleopatra’s Gold * 3/23/06 10:57 * 6 * 5.00 * 2,279.23 Cleopatra’s Gold * 3/25/06 23:20 * 2 * 10.00 * 1,328.83 Cleopatra’s Gold * 4/5/06 7:56 * 11 * 1.00 * 3,892.64 Cleopatra’s Gold * 4/13/06 11:21 * 8 * 10.00 * 2,748.34 Cleopatra’s Gold * 4/22/06 12:02 * 9 * 10.00 * 3,586.83 Cleopatra’s Gold * 5/17/06 6:46 * 25 * 1.00 * 5,165.50 Cleopatra’s Gold * 7/6/06 12:52 * 50 * 2.00 * 13,557.33 Cleopatra’s Gold * 8/3/06 0:11 * 28 * 10.00 * 6,672.42 Cleopatra’s Gold * 8/8/06 0:41 * 5 * 10.00 * 1,958.59 Cleopatra’s Gold * 9/14/06 14:54 * 27 * 10.00 * 8,100.48 As you can see there is no set figure for when the Jackpot will hit. What would be the point in having a Random Jackpot that hit in and around a given figure? As chuchu59 says nobody would play the Jackpot until this figure was reached. You can also see that there is no set amount of spins needed for the Jackpot to hit. I included the Days Prior information to show more clearly the timeframe in between wins. The data shows that there was a gap of as little as 2 days and a max period of 50 days in between the Jackpot hitting on this particular machine. The number of spins, in between all of the above hits, was different. The figures presented show too that the Jackpot has hit on a wide variety of bet sizes from as little as 20c to $100. As I said previously these Jackpots are totally random and anyone at any time can hit them. This is regardless of bet size, Jackpot size, amount of spins or time prior from the last Jackpot hitting. I hope that this clears things up for everyone. iNetBet Promos Last edited by iNetBet Promos; 18th September 2006 at 04:17 PM. Reason: Table of data was not aligned |
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I must thank you for providing the data, I wish more RTG data was avaliable (like payout%). And I sure your data are real and they actually prove one of the speculations raised here.
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And even the data you provided actually proves you wrong. 9 out of 14 jackpot wins (64%) of the jackpot wins was at bet size 10$ or more. If it had no influence this would mean that 64% of the bets on slot are at a total bet of 10$ or more statistically. This is because the sample would then simple be uniformly distributed over all bets. I find it impossible to believe that 64% or more of the bets on slots are 10$ or higher. For Intercasino the chance of hitting the jackpot is proportional to the bet size and this is good, because it means payout% is the same. p(x)=probability for hitting jackpot x=bet size p(x)=k*x You claim that for RTG casinos the formular is: p(x)=k For RTG jackpots I do not even believe the function is proportional. Ie p(x) =k*exp (x) or p(x)=k*x^2 And it is extremely unfair not telling the players this because this means payout% of the slots is not constant for different bet-sizes. This is the big issue I have been raising in this thread. If you statement was true dont you think the jackpot could be exploited by autospinning at bet 0.01$ (1 line at minimum bet) ? And betting 0.01$ would give the best payout% in that case. Zoozie Last edited by Zoozie; 18th September 2006 at 06:08 PM. |
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trips to win (27th April 2007) | ||
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bet size?
Totally random but $10 seems a good bet size!
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I knew that someone would jump onto my post with some form of statistical analysis.
Thanks for your feedback Zoozie however I can assure you that the Jackpot is random and not dependant on Bet size. Please remember that you do not have all of the variables i.e you do not know how many spins were made at each individual bet size etc If 70% of spins were at $10, 10% at $1, 10% at $2, 5% at $100 and 5% at 20c then what you are saying would not be correct. I have only provided a small section of data from one particular machine. You cannot apply your formulae to this small sample as it is not perfect data. I could have provided you with data from a different game which showed the majority of the jackpots being hit from 1c bets. In fact our Caesars Empire Random Jackpot has only ever hit at the $1 denomination. That is not to say that tomorrow it will not hit at 20c or $10. However as Cleopatra’s was the game in question earlier in the thread this was the data I thought most prudent to post. As I posted previously the Random Jackpots are just that, Random. Bet size has no influence. Best Regards iNetBet Promos |
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Try look at the jackpot wins from other slots and if shows 50%+ of the jackpot wins was on bet 10$ or more, you know you are wrong. But even the small sample show 60% bets of 10$ or more and I believe only 10% (at MOST!!!! probably a lot less) of the bets on slots are 10$ or more, so even this sample would then be mathematically very very unlikely. So I actually believe your sample to be sufficient. However just giving is a few sample for other slots more would settle this argument forever. However you should be arguing that chance of winning the jackpot is liniear (proportional) to bet-size, because that is actually the most fair method (But I still do not believe this to be true for RTG). I am surprised you defend a unsymmetric distribution that actually screw high-rollers. You do realize that IF the probablily for winning the jackpot does not depend on bet size, then the slot would have maximum payout% at bet 0.01$? Lets say the jackpot is 4000$. This means the jackpot could cover 400000 spins (0.4M) alone on bet 0.01$. But remember the paytable from the reels also contribute. So with a bankroll of 4000$ you will have have about 4M spins before going bust if the payout is as low as 90% without the jackpot. So if the 'constant' probablity for winning the jackpot is higher than 1 to 4M then the slot would have 100+% payout (if base paytable from reels gives 90% payout which is a low estimate). I really hope the chance for hitting the jackpot is higher than 1 to 4M.... Anyone not conviced yet? Zoozie |
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My mom hit 2 rapid fire jackpots in 2 weeks time at Intercasino. She was only spinning 45 cents a spin. I've been playing there for 2 years and haven't hit one yet!! LOL
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The other reason for this belief is, I also play at Intercasino, Sands of the Caribbean, and have hit MANY rapid fire jackpots ranging from $500-$1400 with wagering spins ranging from $.90-2.25, and NEVER had to bet any higher. Now this is called RANDOM, not as your stats show, just 1 winner out of many that bet under $10 ...that is called appeasing the masses with a token in my opinion. Quote:
The odds just aren't lining up or something here...and that is as good a reason to stop playing heavily at any RTG in my opinion as I need.
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Today is the Tomorrow, you thought about Yesterday...so live as IT IS your last tomorrow! |
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I have to agree
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Now if this person had hit 3 jackpots on the same day playing then I could possible understand that maybe they were playing at a time when the slots were all hitting. BUT for the same person to hit 3 jackpots days aparts (and no one else hit the random jackpot between their 3 hits) is just plain fishy to me and all three hits won on $10 bets.
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lovetogamble |
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