rtg jackpot and % rtp question

[pinkfloyd]

Hi

if i play at a casino group with random rtg jackpots
do they take a percentage of my losing spin towards that jackpot with out it altering the games rtp if the jackpot goes off ?

or does the statement from live chat after me complaining about my 10th losing session in a row open a can of worms?


" we had a jackpot go off recently so the % are lower "

 

[Nate]

As far as I am aware, a percentage of your wager goes to the Random Jackpot. The Game RTP is affected by the random jackpot and will be lower because of this.

In a B&M environment, the progressive increment percenatge is typically 0.5%. This means that if the RTP is 98% for the stand alone game, the Game with the progressive will be 97.5%.

Nate

 

[pinkfloyd]

thanks nate , but what i mean is . should a game or sites rtp be lowered because they paid out a jackpot or isnt that already paid for ?

 

[KasinoKing]

As far as I am aware, a percentage of your wager goes to the Random Jackpot.
The Game RTP is affected by the random jackpot and will be lower because of this.

Yes, permanently lower - not lower because someone just won a jackpot, which is what the OP was told.

" we had a jackpot go off recently so the % are lower "

According to everything we've been told or gleaned over the last several years, that statement is nonsense.
A jackpot being won should have no effect whatsoever on the RTP of the game.

{Edit} Yes, the Jackpot should be a separate "pool" of money collected from every player's spins. i.e. it is already "paid for" by the players.

KK

 

[pinkfloyd]

well i got told in live chat twice in the same session that my losing session or low percentage that varies was because .....


xxxx when jackpot is hit, the pencentage will be lower.

xxxx On weekend, we had someone won jackpot, the pencentage will be lower.


misinformed live chat ? or telling me something i shouldnt know


club world group

 

[Nate]

thanks nate , but what i mean is . should a game or sites rtp be lowered because they paid out a jackpot or isnt that already paid for ?

Not at all... the increment percentage stays the same and so does the game RTP.

KasinoKing is quite correct in his statement. You probably spoke to a support agent who wasn't very clued up.

Nate

 

[pinkfloyd]

i felt like asking has someone won a jackpot there every night ive played for the last 12 months lol


i wouldnt have thought twice about it , tho after a few players here had their min bet sizes changed by the same group i thought id post it

 

[Nate]

Honestly, with RTG, nothing would surprise me.

Nate

 

[Simmo!]

In a B&M environment, the progressive increment percenatge is typically 0.5%. This means that if the RTP is 98% for the stand alone game, the Game with the progressive will be 97.5%.

Nate

In the case of WMS online, the Jackpot Party progressive accounts for 2.99% and the base games are around 92% making a total of around 95% in general. Not sure how that translates to land-based but the progressive contribution is probably similar because of the nature of the JP game. Although I would assume the base game in land-based has a lower RTP.

I know that isn't relevant to RTG but it may provide a clue. Or not LOL.

 

[Nifty29]

RTG randoms account for 1.5% of RTP.

The chat agent you spoke to obviously doesn't know sh*t from sherbet.

 

[pinkfloyd]

got an email today from them explaining that the rep made a mistake and that the game is not affected by someone winning the jackpot , so they must have been new or misinformed , tho when your a player and had over half a year of losing sessions its amazing what your brain thinks lol

 

[plasticnote]

For centain type of slots games, which jackpots are set in a range to go off.
For example between 2000 to 2200 (Australia TAB has this kind of JP), the JP will be awarded, the higher the JP is the better RTP %.

Because RJs in RTG slots are not set to a range, RTP % is therefore not affected by RJ.