Some of us do think about those things, and the fact that CAZ uses jackpot drop money for all sorts of thing unrelated to the jackpot makes me not want to ever play there again. Not that I get to AZ very often, but I used to stop by CAZ whenever I could.

The qualifiers for those jackpots on the east coast are significantly different than the qualifiers are TSR.

From the Borgata website:
" - Four Tens or better beaten wins the displayed
HIGH Bad Beat Jackpot amount
(currently 190,079.00)
- Four Deuces to Four Nines beaten wins the displayed
LOW Bad Beat Jackpot amount"
(currently 47,520.00)
AAA10 beaten by quads or better are TSR( CAZ) qualifiers for Holdem, ive seen it hit 4 times in a day. If TSR changed the qualifiers, i am sure they could adjust jackpot amounts to go much higher because they would hit much less often and they could accumulate more in the interim. IF AC used different qualifiers, the jackpots wouldn't be as high. To add, form their page as well, they have paid out a total of 25 bad beat jackpots in 2012 for a total of $3,379,583.
How many do you think have been dealt out at TSR ?( im going to see if i can find out) but i m sure it is significantly higher.

As far as the posted players promotion fund levels, that fund is what feeds every promotion in the room, football pools etc.
They cant just dump all that into one jackpot, it would kill every other promotion in the room if it hit.

Oh I know the jackpots are lower partially because they are easier to hit, but I still don't think they are all that easy, because I'm pretty sure I have never been at a table where there was a hand that qould qualify even under CAZ's rules.

I also understand that the PPF goes for lost of other things, but I really don't think they need a nearly million dollar balance in it, plus I have heard they keep a lot off the top for themselves and use the money for the food comps as well.

When I played here a bit 3 years ago, there was only $1 pulled instead of $2, and they still had similar sized BBJ, the football pools, other promotions covered. I'm guessing the extra dollar mostly goes to the food comps and house skim.

The biggest difference is that most other rooms have a requirement for "natural quads" and won't pay unnatural abominations like AK vs JJ on an AAAxx board.

According to the board posted, 100% of the promotional money goes back to the players. They'd face a hefty lawsuit if there was ever proof that they were skimming.

But I definitely think that though $2 per hand is taken equally from players on every hand, it's not redistributed equally. I think the fund mainly goes to pay the food comps, football pools, and tournament overlays. $2 per hand along with $4 regular rake is pretty ridiculous. All the $3/6 and most of the $4/8 games should be dead but those are the most popular stakes so they have no incentive to change anything.

Administration fees though.

This is the truth. There is no skim, there is no administration fee for the PPF.

BTW TSR has paid out 186 jackpots since January 1 of 2012 according to the count a shift boss game me today.

Another , more detrimental aspect of the HUGE jackpots that many dont seem to consider: When one of those monsters hits and people are winning 20-200K each, where do you think that money goes?
It doesn't stay in the poker room, it pays off cars and mortgages...

It is much better to have lower jackpot payouts that are paid with much more frequency because the money is much more likely to get recirculated back into play.

Is it true that they garnish your jackpot if you owe child support?

Still hasn't hit

It hit sometime between the last post and now. Wasn't really paying attention tbh.

I hope so.

This first part of this post (no administration fee) I find very hard to believe, as it goes against eveything I have heard from everyone else about this same topic, in addition to there being no more noticable payouts since the PPF second dollar was added (except the meal benefits). I believe that Indian-owned casinos are regulated much less strictly than public casinos regulated by states such as New Jersey and Nevada.

However, even if it is true, it does not follow that all the money goes back to the players. The players who play the cash games are not the same as the players who play the tournaments with the overlays. These overlays also allow the casino to charge higher fees for the tournaments, effectively putting some of the money back into their pockets.

The players who pay the PPF are also not the same as those who benefit from the food comps and football pools, as those benefits are also extended to the larger, non-jackpot games.

In addition, the huge reserve funds held by the casino are kept somewhere.
I imagine they are kept in some type of interest-earning investment, and I would also speculate that any interest is kept by the casino instead of being added to the PPF.

Regarding the smaller jackpots being better for the poker economy than the massive AC jackpots, I agree with that idea completely. I never said that the huge AC jackpots were good, I just found it funny that people considered the ones at CAZ to be large enough to get excited about.

However, it follows that it would be even better for the poker economy if there were no jackpots whatsoever. I really don't think that the large jackpots increase the player pool; in AC they just shift the players around to whichever one currently has the largest jackpot, and I imagine the same thing happens here (although possibly to a smaller extent since the city is so much larger geographically).

To the extent that the jackpots even do increase the number of customers coming in the door, does that really help the "poker economy"? Others have mentioned they like playing with the people who come in to chase the jackpots. Maybe they do, but honestly I can't see how those players could be much worse than the typical player that I see at the casinos everyday.
And even if winning or break-even regulars are benefitting slightly be the increase in poorly playing non-regulars to the player pool, who is benfitting even more from this increased traffic? The casino of course, as those players fill more tables and increase the number of hands from which they can pull the already large $4 rake.

Honestly I would be (slightly) happier if the casino took away the sugar-coating and just said they had what I consider it to be, a $6 rake.

The thing that bothers me about all the jackpot is that people get so excited about getting some of their own money back. It's similar to the way people are thrilled about getting their tax refunds each year, which consist effectively of interest-free loans they made to the government for the past year. Personally I cry a little bit inside each time I see a chip dropped into that PPF box.

I guess the average person just has no concept of how finance works and where their money goes....which is why poker games are so good!

Next time you win any pot using some abomination like quads with using only one of your cards, feel free to disperse the money won from the pot back to the table .

NO

From the Arizona Department of Gaming website link to General Information Regarding Compacts
Appendix F2
Jackpot poker:
CC. Jackpot Promotional Fund Rules ........................................20

All funds contributed by players into a jackpot promotional fund shall be returned to players on the happening of one or more predetermined events, which may or may not include the play of a hand, in accordance with the posted rules, except as provided by Compact Section 3(v)(2)(H). A player must be actively participating in live or tournament play at the time eligibility for an award from the jackpot promotional fund is determined. No commission or administrative fee shall be paid to the Gaming Facility Operator or others for administering a jackpot promotional fund. Any non-cash award shall be charged to the jackpot promotional fund at no greater than the actual cost of the award (as reasonably determined by the Gaming Facility Operator). In addition, the funds contributed to a jackpot promotional fund shall be accounted for separately. Any interest earned on a jackpot promotional fund balance shall be credited and posted to the jackpot promotional fund.

Hmm, good to know. While I still doubt that the regulations are always followed to a T, I'm glad they are there.
Since you seem to know a lot about how the casino operates, there is one thing in particular I am curious about. When someone prints up a meal ticket, but does not use it, is that money still taken away from the PPF? I know they say they only hold the printed vouchers for 24 hours, so I am sure many are lost, and I know some people collect them for months without using them. I would prefer to know that the funds aren't taken until the voucher is used, but I wonder.

hmmmmm.

and chillr, AZ's DOG goes over the casinos with a fine tooth comb. That's why they collect drinks at 2:00am and will pry a baby off the mother's teat.

Not sure why it is so hilarious to think that its exciting to win $30,000+ in one hand of poker...
Glad to hear things are so incredible in Atlantic City, but most people who post in this thread live in and play in Arizona, and really enjoy bonus rakeback wherever they can get it!
If you just think of winning a jackpot or a table share of the jackpot in terms of rakeback, it paints a little better picture for those who grind the jackpot games for income, should they be fortunate enough to ever win a share.

I dont know offhand, but i will try to find out.

FYP

I've trained myself not to let go of the beer teat.

Of course back east no one cared if we ordered 3 at 2:00am and put them under the chair

fwiw, I saw a 5-10 getting football tickets the other night. Are they paying promo drop now?

every live table in the room gets tickets, always have.

Weird. Shows how much I know about those darn football ticket promos. This money has to come from the promo fund right?

Just in case anyone hadn't heard, it hit early Saturday morning.