RTGs random jackpots-how random??

[pingpong]

I logged into and played at Inetbet last nigt, and saw the newsscroller announceing the Clepatras Gold Random Jackpot of 8500 $ had been hit yesterday, by "heijac". Good for him/her I thought, and blew 150 dollars on that Aztec-slot. Then I read the last Inetbet newsletter, only to see this:

"Since the last edition of the Newsletter was published over 90 of our Progressive Jackpots have been hit along with some large payouts on other games. Congratulations to you all. Take a look at the table below for some of the recent big winners who have been playing our VP and Slot machines.

...
heijac Cleopatras Gold Random Jackpot $1967
heijac Cleopatras Gold Random Jackpot $6711"


This leaves me with these questions:
- Is the chance of winning the random jackpot bigger if you bet max pr spin(like rapid fire jackpots) - and is heijac doing this?
- is heijac playing cleos gold day and night 24/7?

I ve played RTG-slots at inetbet and others for a year and a half years, one dollar a spin, and NEVER won a random jackpot. Whats the odds of one person hitting it three times on the same slot in a month at the same casino??

[lovetogamble]

Actually it was hit Thursday afternoon around 2PM. I was playing Cleo and left for only a couple of minutes...came back...and it was gone. It seems strange the same player could hit the last three Cleo jackpots when everyone else can't even hit one. How do we know if "heijac" is really a real player or maybe someone closely related to "STONELADY" from Zany Bingo?

Makes one wonder?

[Zoozie]

This is what I think.

A high roller comes to the casino and bets 20$-100$/spin and plays slots. Because the chance for hitting the random jackpot 'increases' with bet size, this player manage to win several of the jackpots. This is probably also what the casino would claim which they also did last time. And it is probably correct.

But when you start to think about this, it only makes sense if the meaning
'chance of winning the jackpot increases with bet size'
actually means
'change of winning the jackpot increases tremendously with bet size'

So it is not a 'linear' function in bet size.

It was was a linear function it would mean that 200 players each betting 1$ would have same chance that one of the hitting the jackpot during the same time a player betting 200$/spin would have. However there are 1$ slot player
playing all the time(probably 200+ players) and several jackpost is not won every hour as some high rollers manage. QED
(Actually betting 100$ and winning a jackpot of a few k$ is not much different from hitting the bonus round)

Because it is not a linear function at RTG casino is means that payout% increase with bet-size. So low rollers are playing at a higher house edge.

This has not happened at Intercasino to my knowledge, which means the I believe the function is liniear there. And most of the marvel jackpots wins I have heard of has also been won by low rollers. (because there are so many of them compared to high rollers).

This is just yet another nail in the coffin to RTG slots. I like them but as a low roller the slots are just robbing me and the chance of winning the jackpot are way way too slim. (how many has seen post of jackpot wins with bets of 0.2$ or 0.4$ at RTG? I have seen several from Intercasino but not from RTG)

Besides the payout% for RTG is never published. But even if it were published it would be an average where low rollers should except it to be lower for them.

Zoozie

[winbig]

Originally Posted by Zoozie

But when you start to think about this, it only makes sense if the meaning
'chance of winning the jackpot increases with bet size'
actually means
'change of winning the jackpot increases tremendously with bet size'

So it is not a 'linear' function in bet size.

It was was a linear function it would mean that 200 players each betting 1$ would have same chance that one of the hitting the jackpot during the same time a player betting 200$/spin would have. However there are 1$ slot player
playing all the time(probably 200+ players) and several jackpost is not won every hour as some high rollers manage. QED
(Actually betting 100$ and winning a jackpot of a few k$ is not much different from hitting the bonus round)

Because it is not a linear function at RTG casino is means that payout% increase with bet-size. So low rollers are playing at a higher house edge.

This has not happened at Intercasino to my knowledge, which means the I believe the function is liniear there. And most of the marvel jackpots wins I have heard of has also been won by low rollers. (because there are so many of them compared to high rollers).

This is just yet another nail in the coffin to RTG slots. I like them but as a low roller the slots are just robbing me and the chance of winning the jackpot are way way too slim. (how many has seen post of jackpot wins with bets of 0.2$ or 0.4$ at RTG? I have seen several from Intercasino but not from RTG)

Besides the payout% for RTG is never published. But even if it were published it would be an average where low rollers should except it to be lower for them.

Zoozie

Makes sense, but now my brain hurts. Thanks!

And to think I thought I was through with Algebra after this past semester at school....not!

[lovetogamble]

All that is probably true, but Casino operators (and I think it was iNetBet) that claimed the random jackpots are set to hit on a certain amount of spins not on the size of the bet.

I have to agree with everyone else posting that the bigger the bet the more likely you are to hit the random jackpot. Other wise something fishy is going on!

[winbig]

Originally Posted by lovetogamble

I have to agree with everyone else posting that the bigger the bet the more likely you are to hit the random jackpot. Other wise something fishy is going on!

If that's the case, then it's not "random".

Random = everyone has an EQUAL chance to hit it, no matter what their bet.

It's kinda similar to how the publishers clearing house drawing was back in the day - you had to actually buy something to have a better chance of winning (or win at all). The only difference in this case is you have to bet a certain amount per spin to have a better (or any) chance.

[phynqster]

It is a completley random jack pot and have seen players hit playing .20 a spin or 100.00. Meaning it is random for the players. What is not random is the Jack pot itself, that is pre set to hit on a certain spin number. That is why you see usually the same amount in the jack pot when it hits. If every player played.20 per spin the jackpot would hit with a low balance like 1000, but if everyone was playing 100.00 per spin than the jackpot could go over 20,000 like I have seen when casinos give huge bonuses. I hope this helps in dis spelling some misbeliefs

[chuchu59]

Originally Posted by phynqster

It is a completley random jack pot and have seen players hit playing .20 a spin or 100.00. Meaning it is random for the players. What is not random is the Jack pot itself, that is pre set to hit on a certain spin number. That is why you see usually the same amount in the jack pot when it hits. If every player played.20 per spin the jackpot would hit with a low balance like 1000, but if everyone was playing 100.00 per spin than the jackpot could go over 20,000 like I have seen when casinos give huge bonuses. I hope this helps in dis spelling some misbeliefs

Does that mean that the random jackpot will hit on say, the 20000th spin each time. If so, that would surely mean that after a jackpot is hit it would be meaningless to aim for that during the first couple of days after it is reset.

[phynqster]

Don't quote me, but I never play till the jackpot has been built by someone elses hard earned money. That is if I was playing for the random Jack Pot only.

[Zoozie]

The most logical and fair solution would be that chance for hitting the jackpot is proportional to the bet size. (Ie. liniar function).

This way payout% is the same for all bet-sizes and small bets can win the big jackpot also. I like this the most.

Another solution is that you only win a part of the jackpot. (Ie a 1$ bet would win 20% of the jackpot where as a 5$ bet would win 100%). This is also a fair solution and chance for hitting the jackpot is now the same for everyone (though jackpot size differs).

Unfortunately neighter of the cases seem to apply at RTG casinos.

You could argue that due to the huge house edge at slots it would be fair that high rollers faces a smaller house egde. And this is also the case in Vegas. But this is for different slots. Ie. playing quarter slots compared to $ slots.

When it happens for the same slots I feel low rollers get cheated but only because RTG do not tell players that. (Nor publish any payout% records for that matter).

Zoozie