Progressive Jackpots

[WHIVSIV]

I've always been a little baffled about the attraction to progressive jackpots. They go on for ever, there's only one winner, and they're tied in to multiple locations. They don't hit often enough to get me as a constant player and in my mind they have to have adjusted the payouts down on the machines to compensate for the progressive so its a no win, less likely win situation as far as I can tell so I usually won't play 'em. You ever know of anyone to win one? I know a person who has won big on the lottery but never a progressive, and I would have thought the odds on the lottery was worse. Then again, that could be what I get for thinking.

[Eyeofngt]

I know on the progressive to win the jackpot you have to play max coins and lines. I have seen them hit, but I have never hit one, but I can never afford to play max..LOL

But even if you do not play max, you can still win some pretty good money on them.

[nutforslots]

Hey I also am seeing that some savvy players work in teams to play on multiple machines together to win these jackpots.

This is called advantage play. I also read that some casinos have a policy against team playing and they will throw persons suspected of doing so out of their casinos.

I don't think that that is fair as these people are spending money just like an individual player would. I can't see how having a few people working together to try and win would make a huge difference anyway.

Really the odds can't be any better for them than they would be for anyone else,right?

[1819]

Originally Posted by nutforslots

Hey I also am seeing that some savvy players work in teams to play on multiple machines together to win these jackpots.

This is called advantage play. I also read that some casinos have a policy against team playing and they will throw persons suspected of doing so out of their casinos.

I don't think that that is fair as these people are spending money just like an individual player would. I can't see how having a few people working together to try and win would make a huge difference anyway.

Really the odds can't be any better for them than they would be for anyone else,right?

these are called "book clubs". they are teams of players who will play in house progressives. the big progressives are linked to other casinos so it is not possible to play them. the in house machines are in banks of 8 or 12 or something small. book clubbers front the players the money. they also pay an hourly wage and have their own security. they will play all the machines at once sometimes for days at a time. the goal here is a w2g. they are spending more money than they will get back but they are laundering it so any win, on paper, is a win. it is not savvy play. it is a criminal act. it is common in las vegas. many small, up to 20k, progressives go fast. sometimes 2 or 3 times a day. the book clubs really like smaller and indian casinos where in house jackpots can get up into the hundreds of thousands. many times these places dont have the regular players to feed these machines so book clubbers will monopolize them. spending half a million to "win" 300k on paper is all good for these guys. unless players are complaining they are usually let be. one hand washes the other. the casino always makes money on these teams so there is no real reason to discourage them. teaming up with your buddies to try to hit a progressive only means 3 or 4 of you going broke faster.