Why would casinos pay over 100%?
– On progressive jackpot machines, it is possible for the casino and the sophisticated player to both win. This surprising opportunity exists because of the way progressive jackpot machines work. On these machines casinos keep some of the profit for themselves and put a portion of that profit back into the jackpots. No matter how large the jackpots get the casinos still make a profit – they took their profits out before any money went into the jackpots. However, when the jackpots grow sufficiently large, playing accurately will, on average, result in a payback of over 100%. The Progressive Winner exposes exactly when the jackpots reach that point and how to modify play to maximize profit in these situations as well as how to change your strategy as the jackpots grow. When a machine’s payback goes over 100% the informed player can jump in and start winning. This is similar to playing blackjack only when the card count gives the advantage to the player.
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