Horseshoe Casino in Hammond

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jocker
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Re: Horseshoe Casino in Hammond

Post by jocker »

I was at Horseshoe in Hammond a few days ago and noticed the signs on the VP machines that they will be doing away with the progressives .05, 25, and 1.00.  Everybody is cutting back, what will be next 9/6 JB on the 1.00

Vman96
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Post by Vman96 »

wow, ridiculous. I wouldn't doubt they downgrade the machines in the end either. Terrible. CET has had terrible downgrades at their best properties in 2013, it's really sad.

BillyJoe
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Post by BillyJoe »

wow, ridiculous. I wouldn't doubt they downgrade the machines in the end either. Terrible. CET has had terrible downgrades at their best properties in 2013, it's really sad.
In my opinion, it is all about reducing the risk to the casino of a big payout on VP. I see that across the country at CET properties.

Vman96
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Post by Vman96 »

[QUOTE=Vman96]wow, ridiculous. I wouldn't doubt they downgrade the machines in the end either. Terrible. CET has had terrible downgrades at their best properties in 2013, it's really sad.
In my opinion, it is all about reducing the risk to the casino of a big payout on VP. I see that across the country at CET properties. [/QUOTE]

I don't think denominations were lowered in the end, so this wasn't the case here. The high limit room still offers 40/10/6 DDB (99.96%) for up to $125/hand to my knowledge, so they are still willing to give away $100,000 royals there at least. Downgrades are generally all about lowering full house/flush payouts for non-wild games (since each full house or flush unit is worth about 1.15% to the total return). Removing progressives from the full-pay games is just another small slap in the face. CET is just generally tightening the screws. I'm mostly annoyed that it happened a lot this year (Council Bluffs, Hammond, and Tunica Roadhouse). 2012 didn't really see many downgrades in comparison. Hell even Quad got rid of 7/5 Bonus w/STP this summer because offering a 98.29% machine is just too much for the Vegas strip I guess.   

BillyJoe
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Post by BillyJoe »

[QUOTE=billyjoe] [QUOTE=Vman96]wow, ridiculous. I wouldn't doubt they downgrade the machines in the end either. Terrible. CET has had terrible downgrades at their best properties in 2013, it's really sad.

In my opinion, it is all about reducing the risk to the casino of a big payout on VP. I see that across the country at CET properties. [/QUOTE]

I don't think denominations were lowered in the end, so this wasn't the case here. The high limit room still offers 40/10/6 DDB (99.96%) for up to $125/hand to my knowledge, so they are still willing to give away $100,000 royals there at least. Downgrades are generally all about lowering full house/flush payouts for non-wild games (since each full house or flush unit is worth about 1.15% to the total return). Removing progressives from the full-pay games is just another small slap in the face. CET is just generally tightening the screws. I'm mostly annoyed that it happened a lot this year (Council Bluffs, Hammond, and Tunica Roadhouse). 2012 didn't really see many downgrades in comparison. Hell even Quad got rid of 7/5 Bonus w/STP this summer because offering a 98.29% machine is just too much for the Vegas strip I guess.    [/QUOTE]
What I meant by lowering the large payout risk, Vman, was more about not having games like TDB at the higher denom levels. On multi-denom machines,  I have seen numerous locations where TDB is available for up to quarters, but not beyond. The RF payout will always be there, but the casinos do not want that 2000/4000 coin exposure for premium quads when played at a higher denom, like $1 or $5.

Vman96
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Post by Vman96 »

Oh generally speaking, sure, they are cutting back on offering high-variance games for big money. Casinos have really done this a lot with Ultimate X games too. But Horseshoe Hammond in particular didn't ditch 9/7 TDB for the $5, $10, and $25 levels. So that's up to a $100k AWAK too, would be a hell of a hit.

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