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Microgaming Progressives

Discussion in 'Online Casinos' started by thelawnet, Sep 5, 2005.

    Sep 5, 2005
  1. thelawnet

    thelawnet Dormant account


    The Roulette Royale jackpot hit yesterday.

    I thought I would have a look at the payout of this game.

    $1 side bet:

    Same number twice, $15.
    Same number three times, $300
    Same number four times, $3000
    Same number five times, jackpot.

    The same number twice will occur every 37 spins, 3 times, every 1369 spins, four times 50,653 spins, five times, 1,874,161 spins

    Therefore if you wagered 1,874,161 spins you would expect:

    50,653 * $15 = $759,795
    1369 * $300 = $410,700
    37 * $3000 = $111,000

    1 * jackpot

    Total is $1,281,495, plus whatever the jackpot is.

    Yesterdays jackpot was the highest ever $437,800. However, even this ripe jackpot only represented a return of 91.7%. This is worse than any non-progressive game they offer.

    The average jackpot is $230k, so on average the game is returning only 80%!!!

    This is a rip-off. Any ideas whether the other progressives are as bad as this?

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