Originally posted by: Don the Dentist
Children...go stand in the corner!!
I was just being sarcastic. Guess I better not do that again!
Originally posted by: Don the Dentist
Children...go stand in the corner!!
I was just being sarcastic. Guess I better not do that again!
Originally posted by: Kevin Lewis
This month's promo is the somewhat wackadoodle "must hit" recurring $10,000-$25,000 progressive. The kicker is that when it hits, everyone playing a machine gets $25. That's where the value actually is.
There's also a recurring $1000-$2500 progressive, with no bonus for the masses when it hits.
What's the value of this? Impossible to say. However, given that you can easily achieve breakeven just by playing NSUD (99.73%) plus the 0.3% slot club, whatever it's worth is gravy.
A major factor, difficult to quantify, is just how often the larger progressive hits. I've heard in the past that it hits as seldom as once a week. That's kinda hard to believe, though, given that they advertise it as a "$650,000" promo and even if it hit at the max with 1,000 people playing, that would still only be $50,000 going out. More info is needed.
I'm sure that as the progressive approaches $25,000, the local lowlifes, er, skilled advantage players will be frantically texting each other back and forth. Various denizens who have been sleeping in storm drains will show up to play one nickel at a time and get that sweet $25.
It's seemed in the past that when I try to quantify the value of a South Point promo, it winds up being between 0.3% and 0.4%--effectively doubling the slot club return. I suspect that might be the case here. Positive expectation! Live it up! Honey, can you go over and stand in the buffet line while I play?
The big one hits about 3x a week. I've seen it take 3 days going near 25K. I've seen it hit at 11K.
I'm not a big fan of this promo though. Many trips I've been there and missed the $25 twice on the trip and I get in about 15 hours of vp per trip. It's so random when it goes. I think the $1-$2.5K hits on average about 2-3x per day.
Probably no one element of the promo, either the progressives themselves or the $25 participation trophy, is worth more than 0.1-0.15%. But lumped together, they do make your play mildly positive.
Unlike the gas and gift card promo, you still get your points as usual. And unlike that and the spin promo, there's no upper limit. Another feature that's different is (at least, so they say) it doesn't matter what denom you're playing.
Now, all we need is a live feed so that we can tell when to scurry down there :). Though each progressive can hit at any time, it's logical to assume that the likelihood increases as the maximum amount is approached.
I wonder how many people are playing at any given time, on average? 200? 500? 1,000?
