Monday, January 18, 2010

A good day for a quarter video poker player

Playing at the Orleans today, I saw a fellow player on a 25 cent triple play progressive hit a jackpot for more than $6,800, then, about 15 minutes later, for more than $2,100.

This progressive, outside the buffet, has jackpots for each of the three lines and a separate jackpot for a dealt royal, which resets at $5,500. (A player who is dealt a royal gets this jackpot only, not the three jackpots for the individual lines, which remain unaffected when the dealt royal jackpot is hit.) The individual-line jackpots reset at $1,000, the standard amount for a royal flush with full coin played on a 25 cent machine.

Incidentally, there is a similar quarter triple play progressive between T.G.I. Friday's and the Club Coast booth. Sam's Town also has two similar progressives, but there the dealt royal jackpot resets to $3,000.

OK, you might be thinking, this guy hit for almost $9,000, but how much was he down before that? I don't know how long he had been playing, but I noticed the game he was playing was 9/7 double bonus, which returns just over 99 percent with perfect play. A fast player can put through $3,000 an hour on a triple play machine, for an expected loss of about $30 an hour. Because the royal flush is part of the expected return, a player can expect to lose more than 1 percent before hitting the royal. Also, all games of chance are subject to variance, meaning the results of any one session can be much better or worse than average. As pretty much a wild guess, I would be surprised if this lucky guy was down much more than $1,000 for the day when he hit. Even if it was twice that, I'd say he had a pretty good day.

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