Random won on freechip

[SlotsLover]

mathematical analysis

Regarding the fairness of random jackpots being won by free chips with low max cashouts, here is my analysis.

First, we must assume that the casino software is not cheating or rigged so that the free chippers win the random. If the casino could cheat, then no one would ever be bonus barred because the casino would just "flip the switch" on the advantage players and make them lose.

If we assume that the software is fair, here is my analysis of why it's fair that randoms are won by free chippers and the casino keep the rest. To make things easy, assume the world is divided into free chippers and no bonus depositors. If the money deposited by the depositors were the same as the amount of the free chips, then play would be evenly divided between the two. The contributions to the random jackpot would be the same from both groups. The random jackpot would be artificially high because only half of it would be coming from real money. When it gets hit by a depositor, the casino would be paying double the contributions from real money. When the random gets hit by a free chipper, the casino would keep the random (or 99% of it). If the proportion of deposits to free chips were 9:1, then the random would get hit 90% of the time by depositors and 10% by free chippers and the random would be 10% overvalued.

that's my line of thinking. All analysis and critiques welcome It's a little early in the AM, so I may have missed something obvious.

 

[chuchu59]

The "free-chip" may have been casinos money but the jackpot buildup was a result
of mula bula play of many many OP. If this is an acceptable practice, I have many ideas
if I were the Casino to ensure most the random JP are won for the "house". I think these
rules really suck...to include the "max" payout. I never understood why a casino would
want to "give" free money for non-depositors. They all should stop this practice...if they give
freebies to their "loyal" clientele...it should have no strings attached. Just my opinion.

The RJ is built up from a mixture of real deposits and free chips unless there is a rj seeded completely from free chip play. This is highly unlikely though. When we look at it one way, the casino definitely has a claim if the rj was won from a free chip but that doesnt do justice to the depositors. The free chips are away given by the casinos to entice players to deposit and is a promotional gimmick. As such, they should bear the consequences.

BTW, I read in facebook about a player who hadnt deposited for a long time and claimed 19 free chips in a row yet still complained about being banned from free chips. No matter what the reasons are non-depositors must accept the fact that if they dont deposit they cant play for real money. Simple as that.

 

[SlotsLover]

I agree it's very unsettling when a RJ is won by a free chip or max c/o and the casino keeps the rest.

However, as you say, the RJ is built by a mixture of real money and free chips, and therefore stands to reason that it will be won by a mixture of real money and free chips.

Personally, I won't take a free chip or ever play slots with a max cashout because it's just too aggravating to win a jackpot with a max cashout

 

[ericlee]

i would like to hear from a slotastic/jackpot capital/lucky club rep on this one, they are accredited so a response would be nice.

 

[Simmo!]

It's true, they will "keep it." I guess that's just good luck for them. However, think of all the contribution to the random that comes from free chips. When a random is won with real cash, the casino loses all the contribution made from free chips as they have to pay this out. I think it all works out fairly in the end.

Good observation. Never thought of that


But I agree the rj money should be returned as it wouldn't be fair on contributors who don't play on freebies IMO.

 

[KasinoKing]

Regarding the fairness of random jackpots being won by free chips with low max cashouts, here is my analysis.

First, we must assume that the casino software is not cheating or rigged so that the free chippers win the random. If the casino could cheat, then no one would ever be bonus barred because the casino would just "flip the switch" on the advantage players and make them lose.

If we assume that the software is fair, here is my analysis of why it's fair that randoms are won by free chippers and the casino keep the rest. To make things easy, assume the world is divided into free chippers and no bonus depositors. If the money deposited by the depositors were the same as the amount of the free chips, then play would be evenly divided between the two. The contributions to the random jackpot would be the same from both groups. The random jackpot would be artificially high because only half of it would be coming from real money. When it gets hit by a depositor, the casino would be paying double the contributions from real money. When the random gets hit by a free chipper, the casino would keep the random (or 99% of it). If the proportion of deposits to free chips were 9:1, then the random would get hit 90% of the time by depositors and 10% by free chippers and the random would be 10% overvalued.

that's my line of thinking. All analysis and critiques welcome It's a little early in the AM, so I may have missed something obvious.

That was EXACTLY my line of thought.
Thanks for saving me masses of typing!

KK

 

[Nate]

A Slight bit of a Derail....But a bit on topic.

From a different perspective, one has to note WHY free chips are given. Free Chips are part of the Casinos marketing / promotions budget and is used to reward and also entice players to play / come back. A marketing budget cannot be recovered via unpaid RJ's - It's unethical. The Casino should rely on the Spin-Off it receives by investing that budget into marketing avenues.

We all support Casinos that reward loyalty and inevitably, some of that marketing investment has big returns for the Casino. I can deposit a fair bit in a month and personally, if i do not receive any comps for my bad run or a big loss, I would move to where I receive them.

It would be unfair for the Casino to hold that portion of the RJ and not allow someone else the opportunity to hit it.

Nate