Random Jackpot Question(s)

[ksech]

I asked this in the Slotocash thread, so just in case that thread gets closed...

I know each casino contributes a certain amount of 'seed' money to the Random Jackpot. How does the 'seed' money get put in there? Does the casino have access to put the money in there or must RTG do this? Now when a Random Jackpot is won (or in the case of star12war, where the RJ was won, but the players winnings were voided by overplaying the max bet rule and the RJ is/was to be returned to the pool), but the RJ money has to be returned BACK to the pool, who does this...the casino or RTG?

 

[Jasminebed]

I think there may be some confusion between the Random Jackpots, and the Progressive Jackpots, which are across the RTG Platforms.

The confusion is understandable, since both have Real Series Slots, and both are progressive jackpots.

Well heck, I was gonna try to explain, but I might be confused too, and it's too late for me to do the research.

Is there a Dogboy in the house?

 

[chuchu59]

Each rtg casino has its own random jackpots for each real series slot primarily to attract low to medium players to play at their slots which are of high variance. This has obviously worked well and so the traditional slots are left in the fridge so to speak. Iunderstand that the 'seed money' which is usually $1k comes from the casino itself and my guess is every time it is won the slot readjusts to this amount while the accounting stuff is handled by the casino and rtg themselves.

I tend to think ms sloto's explanation , where the casino has to put in a request to rtg to reinstate a jackpot that was won in dubious circumstances, is correct. I am not really sure thoughbut this makes sense imo.

 

[colly]

Let me add another part to Keschs question= WHat happens hen a RJ is won when playing a max bet chip= tecnically it is valid and paid BUt say your max cashout was 3000 and you had and end ballance of 6500 at the end of playthrough and the RJ was 3000. Under max bets the over rule wipes you balance back to 3000= but does or should the RJ reset??

 

[maphesto]

Let me add another part to Keschs question= WHat happens hen a RJ is won when playing a max bet chip= tecnically it is valid and paid BUt say your max cashout was 3000 and you had and end ballance of 6500 at the end of playthrough and the RJ was 3000. Under max bets the over rule wipes you balance back to 3000= but does or should the RJ reset??

According to some old threads here about "max cashout" ND bonuses the money won on RJ is put back when this happens at reputable RTG casinos. We have seen examples of it. I remember that one guy hit the RJ (13 000$ ?) and then played his money down to almost nothing and I think the money won from the jackpot was put back when the casino became aware of it. I will search for the thread later.

In your example (with a large max cashout sum) I think it depends on whether I had to use the RJ money to clear WR or not, and how much money I had when the RJ was hit.

If I had 1200 when I hit RJ and there was 8000 left to wager, they clearly don´t have to put RJ money back. If I had 5000 when I hit RJ and there was almost nothing left to wager, they should definately put the money back to the machine (or the machines if they have put them together). That´s what I think.

 

[chuchu59]

Let me add another part to Keschs question= WHat happens hen a RJ is won when playing a max bet chip= tecnically it is valid and paid BUt say your max cashout was 3000 and you had and end ballance of 6500 at the end of playthrough and the RJ was 3000. Under max bets the over rule wipes you balance back to 3000= but does or should the RJ reset??

Solely based on your question the casino should reinstate bthe RJ minus the amount of the max cashout where applicable. However, it could also be argued that the 'max cashout' winnings were not solely derived from the RJ in which case it would be impossible to calculate how much to reinstate.

There are also other scenarios eg if the RJ was won again before the reinstatement of the previous RJ where the player may feel hard done by because he felt he had contributed a lot to the RJ in the past. At the end of the day, its up to the casino to make the right decision though none of the present rtgs, I venture to say, have done the right thing out of their own accord without some sort of pressure.

 

[maphesto]

At the end of the day, its up to the casino to make the right decision though none of the present rtgs, I venture to say, have done the right thing out of their own accord without some sort of pressure.

You may be right here, but I think we have seen at least one example of a RJ which was put back before "some sort of pressure". I will search in old threads!

EDIT: Didn´t find exactly what I was looking for but here is one post about same thing:

https://www.casinomeister.com/forums/threads/inetbet-warning.27652/

 

[Slotster!]

FWIW, I asked this question and was told "Minutes, alright - maybe an hour. Certainly not days or weeks" - I just posted it on that other thread. I'm not under any circumstances going to tell anyone who said that however, so clearly it's not the most reliable piece of information other than me saying that honestly they did (because I could be totally making it up) But I trust them, and they did say that. So there you go.

Maybe this would be a great question for you to post over on the Casinomeister thread for him to ask over the next few days in London? RTG Reps will be there...

 

[Sloto]

FYI RTG put the jackpot back on request from operator. Operator posts a request and this gets action by RTG. In the case of Sloto'Cash I can confirm the jackpot was put back as per our request.

 

[Slotster!]

FYI RTG put the jackpot back on request from operator. Operator posts a request and this gets action by RTG. In the case of Sloto'Cash I can confirm the jackpot was put back as per our request.

How long does this on average take in your experience Ms S? Is my guy right saying it's usually about an hour or so?

 

[Sloto]

The time it takes to put the jackpot back is not something I asked, regarding how long requests take to be actioned varies and in our case it took 24 hours, but can take longer I am sure if there are many requests to action. On my way to London now so look forward to meeting CM members.

All the best

Ms Sloto

 

[Slotster!]

The time it takes to put the jackpot back is not something I asked, regarding how long requests take to be actioned varies and in our case it took 24 hours,

Ok. Ta.

 

[ksech]

Jasminebed's post got me wondering...

Are the Random Jackpots funded similarly like the progressive jackpots? i.e. each bet contributes to the 'kitty/pot' until the jackpot is hit? What about the slots that have the minor and major jackpots (and these might not even be RTG slots?)? How do those work?

 

[Nifty29]

Jasminebed's post got me wondering...

Are the Random Jackpots funded similarly like the progressive jackpots? i.e. each bet contributes to the 'kitty/pot' until the jackpot is hit? What about the slots that have the minor and major jackpots (and these might not even be RTG slots?)? How do those work?

The only differences between progressive jackpots and random jackpots is that the progressives can be network-wide and the jackpot is symbol-driven i.e. you have to hit a certain combination to trigger it.

The major/minor setup is just two seperate RJs running concurrently, with the portion normally contributed to the RJ pool being distributed between the two pools instead (may or may not be 50/50 probably not though). The % of RTP allocated to the RJ is the same on both versions.

In all versions of both, a certain % of each bet is added to the pool until the jackpot is triggered by the appropriate means.

Hope that helps!

 

[4 of a kind]

Since I’ve been a member here I have seen this question asking what happens to the balance of Random Jackpots after being hit by a bonus player with cash out limitations pop up every couple of months.

As you could read here and all the other past threads on this subject, no one can confirm for sure one way or the other what goes on with them.

There is no way anyone could monitor all the Random Jackpots across all the different casinos and confirm anything for certain. Unless someone hit one with a max cash out limitation and kept a diligent watch day in and day out on the Jackpot balance, no one would be able to know for sure what they do with the excess. If someone was playing and noticed it was hit during their session, how the hell would they know if the winner was playing on a bonus?

First of all no one could read any alleged regulation that would require the casino to return any excess in the first place. Besides, even if you could and since no one would enforce it, what would it matter anyhow?

Sloto says it could take up to 24 hours if not longer after a request to return it. Well how long does it take the casino to make such a request in the first place? What about the player that’s playing during this requesting period and hits the same Jackpot only close to the initial seed without a bonus. Does the casino also give that player the previous excess that was in limbo?

As you could see there are many questions no one will ever get an answer to concerning Random Jackpots, and should only view what their being told as hear say. (bullshit)

Personally I think the casinos win a bigger percentage of the Random Jackpots then the players do.

Of course my opinions above will be challenged, and since I certainly couldn’t prove anything one way or the other, who ever challenges my opinions false as confirmed facts, please provide confirmed proof.

 

[Nifty29]

Since I’ve been a member here I have seen this question asking what happens to the balance of Random Jackpots after being hit by a bonus player with cash out limitations pop up every couple of months.

As you could read here and all the other past threads on this subject, no one can confirm for sure one way or the other what goes on with them.

There is no way anyone could monitor all the Random Jackpots across all the different casinos and confirm anything for certain. Unless someone hit one with a max cash out limitation and kept a diligent watch day in and day out on the Jackpot balance, no one would be able to know for sure what they do with the excess. If someone was playing and noticed it was hit during their session, how the hell would they know if the winner was playing on a bonus?

First of all no one could read any alleged regulation that would require the casino to return any excess in the first place. Besides, even if you could and since no one would enforce it, what would it matter anyhow?

Sloto says it could take up to 24 hours if not longer after a request to return it. Well how long does it take the casino to make such a request in the first place? What about the player that’s playing during this requesting period and hits the same Jackpot only close to the initial seed without a bonus. Does the casino also give that player the previous excess that was in limbo?

As you could see there are many questions no one will ever get an answer to concerning Random Jackpots, and should only view what their being told as hear say. (bullshit)

Personally I think the casinos win a bigger percentage of the Random Jackpots then the players do.

Of course my opinions above will be challenged, and since I certainly couldn’t prove anything one way or the other, who ever challenges my opinions false as confirmed facts, please provide confirmed proof.

You must have been reading different threads to me all these years.

I've not seen a case where a legitimate casino has not replaced a RJ won from a free chip. In the latest case at Slotocash, the casino requested the replacement from RTG which takes around 24 hours. The only other option is to remove max cashouts on free chips, or to restrict free chip play on slots with jackpots. Neither is going to happen.

I love the last paragraph. LOL. The old "I have no proof, but if you can't show me proof then I must be right". You know the arguments that are coming, because you've thought of them yourself, and probably know they're reasonable....but they dont fit in with your "all casinos cheat especially RTG" agenda that you push in just about every post you make. It's getting pretty tiresome and, after all your years of crusading, you still haven't found anything remotely resembling evidence of your theories.....which means you're either a terrible detective/researcher, or....wait for it.....you're wrong.

If the best you can do these days is accuse operators of keeping more jackpots than they pay out, with nary a single example on which to base these accusations, then maybe you need to take a break.

 

[4 of a kind]

I've not seen a case where a legitimate casino has not replaced a RJ won from a free chip. In the latest case at Slotocash, the casino requested the replacement from RTG which takes around 24 hours.

Since your not aware of a single case where a legitimate casino has not replaced a RJ won from a free chip, how many cases have you actually seen when a legitimate casino replaces a Random Jackpot won under those conditions?

How is it you know they were replaced?

Unless you were playing while a RJ was hit, how do you know when one was actually hit?

When you notice one being hit, how do you know the requirements if any, the winner was playing under?

Since you know the casino is going to replace the RJ’s excess, do you play that game while it is still close to the seed amount after it was just hit, or do you wait till the casino replaces the access from a max cash out requirement?

If you hit the RJ before the excess was returned, does the legitimate casino also give you the excess that was in limbo waiting to be returned?

How could other players get this same information you seem to be privy too?

 

[Nifty29]

Since your not aware of a single case where a legitimate casino has not replaced a RJ won from a free chip, how many cases have you actually seen when a legitimate casino replaces a Random Jackpot won under those conditions?

How is it you know they were replaced?

Unless you were playing while a RJ was hit, how do you know when one was actually hit?

When you notice one being hit, how do you know the requirements if any, the winner was playing under?

Since you know the casino is going to replace the RJ’s excess, do you play that game while it is still close to the seed amount after it was just hit, or do you wait till the casino replaces the access from a max cash out requirement?

If you hit the RJ before the excess was returned, does the legitimate casino also give you the excess that was in limbo waiting to be returned?

How could other players get this same information you seem to be privy too?

You can start by contacting iNetbet and asking this question. I have seen several cases of RJs being replaced over the years. In fact, it is their stated policy.

I could try and dig up the threads (that's how I know) but you're the one who is saying they don't, so you can do the research. In fact, you might have done that before you made the (incorrect) accusations in the first place.....but then there's no copy in that and it might upset your "they're cheatin' I tells ya!!" agenda.

You really need to find a new hobby. Your current one isn't even getting off the ground.

 

[4 of a kind]

I want to apologize to all forum members for having a different opinion.

Since the regulator and enforcer himself (Mr. Nifty) has spoken and straightened this whole RJ issue out, I personally am satisfied and relieved to know my thoughts were out there.

Thank you for your time Mr. Nifty, and sorry to have bothered you.

 

[Nifty29]

I want to apologize to all forum members for having a different opinion.

Since the regulator and enforcer himself (Mr. Nifty) has spoken and straightened this whole RJ issue out, I personally am satisfied and relieved to know my thoughts were out there.

Thank you for your time Mr. Nifty, and sorry to have bothered you.

Oh grow up.

You asked for proof etc and I answered your question. Instead of just accepting you got it wrong, and there is no conspiracy, you behave like an 8 year old and turn it into a drama. You were not expressing an opinion, you were accusing legit operators of cheating by holding jackpot funds, and, like your other "opinions", it was shown to be nowhere near accurate.

If you ever wondered why many others, including myself, don't take you seriously most of the time, look no further than your last post.

 

[4 of a kind]

Oh grow up.

You asked for proof etc and I answered your question. Instead of just accepting you got it wrong, and there is no conspiracy, you behave like an 8 year old and turn it into a drama. You were not expressing an opinion, you were accusing legit operators of cheating by holding jackpot funds, and, like your other "opinions", it was shown to be nowhere near accurate.

If you ever wondered why many others, including myself, don't take you seriously most of the time, look no further than your last post.

Once again I would like to apologize for my ignorance. Thanks for answering all my questions.

 

[jimb123]

RTG Random Jackpots

I'm confused Nifty.. Bryan had a recent news article (or Youtube broadcast) -- within the last 2 months where I specifically remember him talking about a player hitting an RJ and fighting the casino because the player felt he was entitled to the winnings since it's pooled money by players -- and not part of the casino's money. We've also heard and read time and time again that the casino has no right to keep the winnings if the player hits on a Max Cashout. Why should the casino win the money just because their RTG software isn't smart enough to keep the RJ from going off on a Max Cashout?

At the very least, they should return 100% of the RJ back into the Pool and preferrably pay the player. The Max Cashout imho is meant for a Maximum amount the Casino has to pay... since the RJ is built mostly on non-casino funds (maybe $1000 max is casino), they should payout all or most of it even on a Max Cashout.

If the casino confiscates a high # of these each month, do they report a lower RTP? Are we sure that when we read on the RTG casino websites about Random Jackpot winners, that each person actually rec'd that money -- meaning it wasn't remove via Max Cashout?

These are the types of things an auditor via Federal Regulations would inquire about, but I just don't know who's regulating RTG casinos these days.

Inetbet, Highnoon, JackpotCapital all have earned my trust and have great managers -- but just not sure how this works and whether the casino managers truly have freedom of full-disclosure like we see at 3dice.com. And don't get me started on 60x wagering at JackpotCapital even for those of us at VIP Platinum.... yikes!