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Dealt royal progressive

Posted: Fri Sep 20, 2024 3:51 pm
by treeson
I looked at the previous forum post about dealt progressives and I just couldn't understand it. I tried searching the internet to no avail.

What I want to know is the return on a 50c denom 7/5 bonus poker 3-handed where a dealt royal pays $50,000 (100,000 credits)

I think I was able to figure out single line by just using a sequential jackpot and multiplying the dealt progressive by three, but I dont know if this is accurate and I dont know if this works for multi-line. I don't know how to calculate the return for a dealt royal jackpot for n number of hands. Would appreciate any help.

Re: Dealt royal progressive

Posted: Fri Sep 20, 2024 4:37 pm
by dinghy
Dealt royal probability for any number of hands is 650,000-to-1.

From there, I think you just need to plug in the bet amount, which in this case is $7.50.

650,000 x 7.50 = $4,875,000.

That's your expected coin throughput to win the $50,000 jackpot.

Divide the little number by the big number, and you get roughly 1% jackpot value.

So you have a 98% base game +1% = 99% total EV, imo.

Re: Dealt royal progressive

Posted: Fri Sep 20, 2024 4:41 pm
by treeson
dinghy wrote:
Fri Sep 20, 2024 4:37 pm
Dealt royal probability for any number of hands is 650,000-to-1.

From there, I think you just need to plug in the bet amount, which in this case is $7.50.

650,000 x 7.50 = $4,875,000.

That's your expected coin throughput to win the $50,000 jackpot.

Divide the little number by the big number, and you get roughly 1% jackpot value.

So you have a 98% base game +1% = 99% total EV, imo.
tyvm

Re: Dealt royal progressive

Posted: Fri Sep 20, 2024 4:49 pm
by dinghy
Now I can nitpick my (hopefully small) errors. A dealt royal would ordinarily pay $6000, so I suppose we should treat the effective jackpot bonus as only $44,000. In that case, it adds a little less than 1% to the 98% base (imo).