Break Even Point At Progressive Jackpots
In some progressive jackpot games such as video poker for example, it is possible to calculate an optimal play strategy, and there for the frequency for each payoff, including the frequency of a progressive jackpot winning. From all of these calculations the break even point can also be calculated. At reset and when the progressive jackpots amount is less than the break even point, there is a house edge or a negative expected value for all of the progressive jackpot players. When the progressive jackpots amount is at the break-even point, the game is fair. (If the progressive jackpots qualifying player were to play an infinite number of games attempting to win the progressive jackpots, he or she for that matter would break even). When the progressive jackpots amount is above the break even point, then the game has a positive expected value for the qualifying progressive jackpots player. Meaning, if the progressive jackpots player were to play a very large number of plays (as many as several tens of thousands games), it would become increasingly likely that he or she would make a profit at the progressive jackpots game. If a profit is made or not is of course a matter of chance, but the more plays made while the progressive jackpot is higher than the break-even point, the more likely it is that the player will end up ahead.