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Progressive Poker Teams

Progressive teams would have to change shifts on each machine to tie it up around the dock. Assuming one of the machines In a bank finally hits in the estimated 125 hours, the team cost per player-hour could be $6.00 x 125 — $750 for a quarter machine and $10.00 x 125 $1,250 for a dollar jackpot. If. the team ties up all 12 machines, and if Lady Luck feels generous and gives them a royal within the first hour, the team cost in wages alone for that one hour would be 12 x $6.00 — $72 for the quarter and $120 for the dollar machines play free poker. That cost escalates with each hour it takes to win.

Payback Percentage

Claude told us of several other hazards he encountered managing progressive teams Poker - Bluffing In Poker. As an incentive to speed up the team play, he offered bonuses . Before long, the payback percentage dropped from 95% to 90%. He caught players discarding winning hands so the machine would not slow them down — by making them push extra buttons or wait for coins paid out or credits tabulated — just so they could get the bonus. Another time Claude discovered some team members making side bets on who would get the highest band in the next hour. He caught players discarding a one-card draw to a Royal Flush (a 1 in 47 shot) to hold a pair of high cards for a better chance at a full house or four-of-a-kind. No wonder Claude is a “former” team chief.

Claude's Search

Actually, the reason Claude is no longer running progressive teams is that the IRS wanted him to withhold income and social security taxes on his employees, the players. Apparently, the profits from running teams didn’t justify running a full- time “business” subject to all the headaches of licensing, bookkeeping, audits, taxes, etc. Can’t you just picture the advertisement for team players?

Claude wanted the video poker players, who share in big jackpots or “work” for an hourly rate. Speed training will be provided. Must be honorable and healthy. Nonsmokers preferred. No chain smokers or gossips Poker - Play Dice Poker. Those suffering from weak eyes, weak bladders, arthritis, allergies, or sticky fingers need not apply.

Claude’s Experience

Claude’s experience reminds us of the story John Gollehon, our publisher, told us of a fellow who used to “book” his friends’ keno wagers. When they won, he would pay them; when they lost, he pocketed their money. He was confident of never having to pay the big jackpot because the odds on Keno are one of the worst of any game in the casino. Apparently, he did quite well as a “Keno bookie.”

A typical calculation for a progressive team shows that the cost for a 5-8 quarter machine is $3,250. The progressive would have to be at least that high for you to break even, let alone make a profit play poker. The value listed as “dollars lost” is your break-even point. However, spending five days of your life trying for a jackpot that only lets you break even is hardly worth the effort or the investment. It wouldn’t even be fun.

If you’re considering recruiting or joining a progressive team, think again. Instead, focus your sights on the type of machine that is most entertaining for you and offers the best paytable to fit the strategy you prefer. Keep play sessions from turning into frustrating marathons to win at all costs.