Quote:
Originally Posted by
mickeycrimm
There was a $5 8/5 Jacks or Better progressive (2% royal meter) in the high roller room at the Riverside/Laughlin. The royal started at 20K. Someone told me that if it reached 42K the change boys would be in to team play it until they hit it. So occasionally I would step into the high roller room to see where the meter was at.
So the meter got to 42K and the change boys appeared out of nowhere. I didn't know them but observed them a few minutes that day. I stopped back in the next morning. The royal had been hit and the change boys were nowhere to be seen.
One thing I know about that kind of progressive. It takes at least a 200K bankroll to even think about throwing down on it. Axel had six figure bankroll back in the 90's.
I'm interested in the logistics involved with this play.
Can you discuss/describe the team's approach?
Was it a single machine, or a linked bank? That's not clear, as you wrote that you observed
them.
Why was it profitable at 42K for the royal, vs a lesser payoff?
What's the math behind needing a 200K bankroll?
Does that mean the team is willing to risk 200K to hit the progressive?
Since the play ends when the royal hits, is there an expected hourly loss until that happens?