Quote:
Originally Posted by phydaux
I haven't decided if jackpots are good for the game or not. It's good if it attracts bad players. If it doesn't attract bad players, then it's just another $1.00 of rake.
If the room you play in is keeping the so-called "jackpot fund" without ever redistributing it to the players in the form of, um, jackpots, you should probably contact your local gaming authorities.
Sarcasm aside, you can't assess the EV of a jackpot without considering that your probability of winning some form of a jackpot (including a table/player share) is positive.
In Tunica they raid the jackpot for
all sorts of money-added tournaments, so I figure the ring-game-only player is getting back 90 cents for each $1 of drop. It sucks that I'm subsidizing the "$1500 added" tournament if I don't play it, and it sucks that my 90c of equity is going into a really really high-variance jackpot. But it's not vanishing or going to the house; it's coming back as EV of hitting a jackpot.