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**Reel Slots** Gaming Machines => Bally Alpha Reel Games => Topic started by: verus on September 29, 2020, 11:41:31 AM

Title: Does progressive count toward meters on Firelink?
Post by: verus on September 29, 2020, 11:41:31 AM

Hi  :wave: , so I have an Alpha Pro 2 Firelink, I have it for awhile now and it always crosses my mind to to where does the MEGA (I think it's JP1 = $10k) goes to in the meter within the game?


So I got the MEGA last night, it forced me to clear out (because it's a jackpot limit) but when I go back to check the meter, it doesn't show the $10k jackpot under jackpot won. So I was wondering if it does added up to "Total Out" data?


Thanks guys.  :thank_you:

Title: Re: Does progressive count toward meters on Firelink?
Post by: jay on September 29, 2020, 03:06:14 PM

I can't speak to this specific type of slot but progressives are normally considered marketing tools.
When the progressive is won the money is written off by the casino as a marketing cost, not as a win.


Classically 0.00125 of each dollar contributes to a progressive.
That's 1.25cents for every $10 pumped into the machine.
The machine does not register this - as the progressive is basically incremented by the closing of a circuit - and is completely separate from the rest of the accounting.
The casino can change the percentage contributed at will - but Nevada gaming law won't let a progressive be retired - it has to move to a different machine or paid out.
MGM once had a slot with a progressive and a 24/7 web cam on it. People lined around the block to try their luck  It had been accumulating for 25+ years.


On my personal slots I have bumped that up the contribution to 4% so I get 1c for every quarter (token) I put in.
- that way I know the progressive is working as I don't trust my own wiring.  :propeller:


Atypically if the top award (replaced with a progressive amount) is normally 1199 coins (note they use coins vs any $$ denomination) the progressive jackpot (base amount) is started at $1199 (assuming a dollar machine). The 1199 would register on the meter as the win (coin out). If the base jackpot is greater than the max win on a slot, the casino would usually have this insured by a third party. Ie 100k on the progressive would be insured by Lloyds of London and cost around $250/mth for the insurance - the casino would then deduct this $250 as a marketing cost as well.


Why 1199 coins - first off coins vs $$ makes the slot glass universal vs the denomination. Secondly a win of $1200 requires the US based casino to issue a W2G form and enforce tax reporting and for foreign folks (like us Canadians) a 25% withholding on the win.


In Canada neither Casino nor lottery wins are taxable under the argument that you played with after tax money, you get paid in after tax money.                                                                                                                                                                   

Title: Re: Does progressive count toward meters on Firelink?
Post by: jakah440 on September 29, 2020, 04:53:14 PM

In Canada neither Casino nor lottery wins are taxable under the argument that you played with after tax money, you get paid in after tax money.  

I like that argument!!! :applause: