Odds Of Casino Jackpot

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  1. Odds Of Casino Jackpot Slot Machine
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For example, though the big six jackpot pays out at 40:1, your odds of winning this bet 2.5%! Same goes for Keno, where players must try to match 10 of 22 numbers that are drawn from a total of 80 to win a jackpot. You can choose which types of slots games to play, and some types of slot machine games offer better odds than others. For example, a game with a fixed jackpot almost always offers a better chance of winning than a game with a progressive jackpot. Games with higher denominations almost always offer better odds than other games. Here are five tips — from an expert — to improve the odds of winning the Massive Slots Jackpot in a Bitcoin Casino. Practice with Free Games. Before you start betting with your money, practice with free games. If you are a first-time gambler, take advantage of free casino games to gain experience.

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  • Jackpot Hold'em® is a poker-based casino game in which the player may make one raise at any time during the course of the hand. The earlier the raise is made the higher it may be. The game is very similar to Ultimate Texas Hold' Em. Unlike in that game, in Jackpot Hold 'Em the player may see one of the flop cards before the big raise decision.
  • The odds of winning a progressive jackpot such as the megabucks slot in Las Vegas is projected at 1 in 49,836,032. There is a formula to work out the probability of winning on online progressive jackpots, should the slot feature five reels, each with 20 stops or paylines and the jackpot activates by a single payline the probability of winning is 20 x 20 x 20 x 20 x 20 which works out to about.

Introduction

Jackpot Hold'em® is a poker-based casino game in which the player may make one raise at any time during the course of the hand. The earlier the raise is made the higher it may be. The game is very similar to Ultimate Texas Hold' Em. Unlike in that game, in Jackpot Hold 'Em the player may see one of the flop cards before the big raise decision. That comes at a cost of being able to raise 3x only on the big raise, as opposed to 4x.

The game is distributed by AGS.

Rules

These rules assume the player has a basic understanding of Texas Hold 'Em rules.

  1. The game is played with a single ordinary 52-card deck.
  2. The player must make an equal bet on both the Ante and X-TRA Bonus, and can also make an optional Player Bonus bet.
  3. Two cards are dealt face down to the player, which he may look at.
  4. In addition, the first card of a three-card flop is dealt face up.
  5. The player can check or make a Play bet equal to three times the Ante.
  6. The dealer turns over the next two flop cards.
  7. If the player previously checked, then he may make a Play bet equal to two times his Ante. If the player already made a Play bet, then he may not bet further.
  8. Two final community cards are turned over.
  9. If the player previously checked twice, then he must either make a Play bet equal to exactly his Ante, or fold, losing both his Ante and X-TRA Bonus bets. If the player already raised he may not bet further.
  10. The player and dealer will both make the best possible hand using any combination of their own two cards and the five community cards.*
  11. The dealer will need at least a pair to open.
  12. The following table shows how the X-TRA Bonus, Ante, and Play bets are scored, according to who wins, and whether the dealer opens.

    Scoring Rules

    WinnerDealer OpensX-TRA BonusAntePlay
    PlayerYesWinWinWin
    PlayerNoWinPushWin
    DealerYesLoseLoseLose
    DealerNoLosePushLose
    TieYes or NoPushPushPush
  13. Winning Ante and Play bets pay 1 to 1. Winning X-TRA Bonus bets pay according to the following pay table.

    X-TRA Bonus Pay Table

    Player HandPays
    Royal flush500 to 1
    Straight flush50 to 1
    Four of a kind10 to 1
    Full house4 to 1
    Flush2 to 1
    Straight1 to 1
    All otherPush
  14. The Player Bonus bet will pay according to the poker value of the player's hand regardless of the value of the dealer's hand, according to one of the Trips bet pay tables below.

Strategy

Following is a strategy for the first decision point, created by Steve Howe, and kindly provided to me by AGS. I'm afraid I don't know what exactly he means by 'reach for straight.' According to Steve, the cost of errors using this strategy is an increase in house edge of 0.1875%.

Make the 3X raise with any of the following, otherwise check:

  • three-of-a-kind
  • 3-suited Q+ hole cards
  • any hole cards paired with flop
  • A w/ 5 or better hole cards
  • K w/ 8 or better hole cards
  • JT+ or QT+ hole cards when reach for straight w/ flop
  • pocket 5's or better
  • Ace-high hole cards when reach for straight w/ flop

As for the medium and small raises, I think the player would be fairly safe using the medium and small raise strategies in Ultimate Texas Hold 'Em. Exact strategy would not be same, because the X-Tra bonus pay table is different than that of the Blind pay table, but differences only matter for player hands of a flush or higher.

Base Game Analysis

The following table shows every possible outcome of the game, what it pays, number of combinations out of all possible, probability, and contribution to the return. The lower right cell shows a house edge, defined as the ratio of the expected player loss to the Ante bet, of 2.38%. By the end of the hand, the average combined wager between the Ante, X-Tra Bonus, and raise will be 3.66 units. The element of risk, defined as the ratio of expected player loss to average bet, is 0.65%.

Base Game Return Table

EventPaysCombinationsProbabilityReturn
Player folds-216,851,237,072,1200.201953-0.403906
Small raise player loses, dealer doesn't qualify-2220,193,019,3120.002639-0.005278
Small raise player loses, dealer qualifies-310,603,001,821,1280.127071-0.381214
Small raise push01,455,502,686,8040.0174430.000000
Small raise player wins with royal flush, dealer doesn't qualify50125,917,9840.0000000.000156
Small raise player wins with straight flush, dealer doesn't qualify51843,819,5880.0000100.000516
Small raise player wins with four of a kind, dealer doesn't qualify11-0.0000000.000000
Small raise player wins with full house, dealer doesn't qualify5-0.0000000.000000
Small raise player wins with flush, dealer doesn't qualify3133,128,700,1640.0015950.004786
Small raise player wins with straight, dealer doesn't qualify2450,599,419,0200.0054000.010800
Small raise player wins with three of a kind or less, dealer doesn't qualify12,789,253,813,2640.0334280.033428
Small raise player wins with royal flush, dealer qualifies502152,792,8560.0000020.000919
Small raise player wins with straight flush, dealer qualifies526,100,907,3520.0000730.003802
Small raise player wins with four of a kind, dealer qualifies123,169,503,2400.0000380.000456
Small raise player wins with full house, dealer qualifies6149,967,716,0640.0017970.010784
Small raise player wins with flush, dealer qualifies4624,131,265,7320.0074800.029919
Small raise player wins with straight, dealer qualifies31,307,110,561,8120.0156650.046995
Small raise player wins with three of a kind or less, dealer qualifies25,494,992,560,2800.0658540.131709
Medium raise player loses, dealer doesn't qualify-333,030,447,8400.000396-0.001188
Medium raise player loses, dealer qualifies-44,665,080,847,4680.055908-0.223634
Medium raise push0489,150,998,0400.0058620.000000
Medium raise player wins with royal flush, dealer doesn't qualify50239,563,4960.0000000.000238
Medium raise player wins with straight flush, dealer doesn't qualify52901,395,3960.0000110.000562
Medium raise player wins with four of a kind, dealer doesn't qualify12-0.0000000.000000
Medium raise player wins with full house, dealer doesn't qualify6-0.0000000.000000
Medium raise player wins with flush, dealer doesn't qualify4103,621,441,3560.0012420.004967
Medium raise player wins with straight, dealer doesn't qualify3136,582,316,4120.0016370.004911
Medium raise player wins with three of a kind or less, dealer doesn't qualify22,581,900,311,3240.0309430.061885
Medium raise player wins with royal flush, dealer qualifies503397,846,2240.0000050.002398
Medium raise player wins with straight flush, dealer qualifies536,975,609,8400.0000840.004431
Medium raise player wins with four of a kind, dealer qualifies1327,493,563,4920.0003290.004283
Medium raise player wins with full house, dealer qualifies7535,943,583,4800.0064230.044961
Medium raise player wins with flush, dealer qualifies5435,495,056,4360.0052190.026096
Medium raise player wins with straight, dealer qualifies4417,951,165,0600.0050090.020036
Medium raise player wins with three of a kind or less, dealer qualifies35,283,074,002,5360.0633150.189944
Large raise player loses, dealer doesn't qualify-4135,960,313,4640.001629-0.006518
Large raise player loses, dealer qualifies-59,529,766,146,2000.114209-0.571045
Large raise push0727,140,145,6080.0087140.000000
Large raise player wins with royal flush, dealer doesn't qualify503250,496,2800.0000030.001510
Large raise player wins with straight flush, dealer doesn't qualify53827,328,8160.0000100.000525
Large raise player wins with four of a kind, dealer doesn't qualify13-0.0000000.000000
Large raise player wins with full house, dealer doesn't qualify7-0.0000000.000000
Large raise player wins with flush, dealer doesn't qualify5155,070,222,1200.0018580.009292
Large raise player wins with straight, dealer doesn't qualify4200,284,249,9680.0024000.009601
Large raise player wins with three of a kind or less, dealer doesn't qualify34,603,346,975,2320.0551690.165506
Large raise player wins with royal flush, dealer qualifies5041,701,839,1600.0000200.010279
Large raise player wins with straight flush, dealer qualifies546,378,053,3280.0000760.004128
Large raise player wins with four of a kind, dealer qualifies1496,554,154,3600.0011570.016200
Large raise player wins with full house, dealer qualifies81,198,403,714,3760.0143620.114898
Large raise player wins with flush, dealer qualifies6694,249,172,8320.0083200.049921
Large raise player wins with straight, dealer qualifies5598,024,569,8880.0071670.035835
Large raise player wins with three of a kind or less, dealer qualifies410,686,422,965,2480.1280710.512284
Total83,441,430,072,0001.000000-0.023819

Player Bonus Analysis

Odds Of Casino Jackpot

The following pay table shows my analysis of the Player Bonus bet.

Player Bonus Return Table

EventPaysCombinationsProbabilityReturn
Royal flush1004,3240.0000320.003232
Straight flush4037,2600.0002790.011140
Four of a kind30224,8480.0016810.050420
Full house83,473,1840.0259610.207688
Flush74,047,6440.0302550.211785
Straight46,180,0200.0461940.184775
Three of a kind36,461,6200.0482990.144896
All other-1113,355,6600.847300-0.847300
Total133,784,5601.000000-0.033363

External Links

Odds Of Casino Jackpot Slot Machine

  • Demo game at the AGS web site.
  • Discussion about Jackpot Hold 'Em in my forum at Wizard of Vegas.

Odds Of Casino Jackpot Players Club

Written by:Michael Shackleford