How Much Would You Adjust Your Entry Point for Cashback? - Slot Slayers

How Much Would You Adjust Your Entry Point for Cashback?

Forums Questions How Much Would You Adjust Your Entry Point for Cashback?

  • This topic has 6 replies, 3 voices, and was last updated 1 week, 1 day ago by Ben RosenthalBen Rosenthal.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • #5907
    Two NickelsNickels
    Participant

      Here’s a hypothetical. Let’s say you encounter a situation where you’re getting a ton of cashback for your play, be that because of a point multiplier, a screwed up machine, or a casino that’s just vastly overrating slot play. How much lower are you willing to go on some of these games when larger than normal amounts of cashback are in play?

      Let’s take a few games that often generate decent amounts of coin-in to use as examples.

      HexBreaker (thinking of the middle mostly)

      Regal Riches (purple, green or gold)

      Rich Little Piggies/Hens

      Stack Up Pays

      Wolf Run Eclipse

      Let’s assume we’re using the numbers from the guide here, though I know some hustlers are a bit looser with criteria, just to form a baseline.

      So that’s 6 high middle for Hex. 60 purple, 85 green or 108 gold for Regal (we can talk combos later), 20 for Rich Little Piggies, 121/145/192/240/320 for Stack Up, and 26/28/45 for Wolf Run.

      I think getting somewhat of a consensus about how far down we’d be willing to go for X% cashback would be useful in figuring out exactly how much we think a game is worth at our original entry points.

      Let’s think about Hex…how much cashback would it take to justify playing the center at 5 high instead of 6 high? 3%? 5%? 10%? More than that? Of course the player would need to be prepared to swing a lot further down and be on the machine a lot longer playing a 5 high. Clearly 5 high is better than reset, but is it better than the overall RTP that factors in all game states? Just how bad is a completely reset board and how much does the return scale with each movement of the center reel? I would imagine 10% would be sufficient, but I don’t know that for a fact. The underlying question here is, would a 5 high center exceed 90% RTP on a game set to 87%? Would it exceed 95%?

      With Regal…if we like 60 purple…I’d imagine we’d like 59 with 3% cashback….but would we go even lower? 58? 57? What about with 5% cashback?

      Piggies; Surely if 20 is a go with no cashback, then 19 ought to be a go with 3% cashback, maybe even less…so let’s say you had something absurd like 5% cashback? Are we willing to go as low as 17? 16?

      Stack Up Pays; The mini and minor are probably the least effected since they typically require the least coin-in, and contribute less to the return than the Mega does. So again, for the sake of the hypothetical, let’s say you find a Stack Up where you’re getting a bunch of cashback. How much cashback would you need to lower your entry point to 315 for the Mega, or 235 for the Grand? What about 310 or 230?

      Wolf Run; Let’s just think about a mini for now. The strategy guide here uses 26, so I’ll use 26. Just how positive is 26? Is that the break even point? If so, we probably need a lot of cashback to go much lower, but if that’s a 105% return…then would we justify a 25 or even a 24 for 2% cashback? For 5% cashback would we start thinking about a 22 or 23?

      I don’t expect anyone to have an exact figure for each of these, what I’m hoping for is to get a little bit of a discussion and get a few different samples of what people think, since failing having the actual PAR sheet we don’t often know the precise number…think of this kind of like aggregating power ratings and looking for the wisdom of the crowd.

      To give more concrete yes/no questions to answer, here:

      1. Would you play a 5 high center on Hexbreaker for 5% cashback?
      2. Would you play a Regal Riches gold at 98 for 5% cashback?
      3. Would you play a 16 on Rich Little Piggies for 5% cashback?
      4. Would you play a naked Mega on Stack Up from 310 for 5% cashback?
      5. Would you play a solo mini on Wolf Run from 22 for 5% cashback?

      That seems like a decent place to start, maybe we can get more nuanced and detailed from here.

      P.S. I understand if the admin team thinks this might be a little too much for a public forum…I respect that and would not be offended if it gets trashed.

      #5913
      Ben RosenthalBen Rosenthal
      Keymaster

        Nope, definitely won’t be trashed. It’s a hell of a question (or questions). And it’s not always such a niche kind of thing, either. It’s certainly relevant if comps are a priority as well. But is that free hotel room and steak dinner really worth losing X amount on?

        It’s a lot to explore and think about. I won’t be able to give exact numbers for this sort of thing, as you alluded to, but I can give it a shot (at least how I’d ballpark it). Others are welcome to give their thoughts too.

        I am flying back home today, or so I was told, as my flight already got cancelled and the next one delayed. I’d like to give this a fair reply, so figure some time this weekend or early next week.

        Great question, and keep ‘em coming!

        #5914
        Raymond SnellRaymond Snell
        Participant

          Cool thought. While this seems like a personal question, as things like risk tolerance and opportunity cost of time come to mind. I failed to consider the numbers suggested for when something is a play doesn’t take rakeback or any other benefits into consideration.
          <p style=”text-align: center;”>I’ve never played any of the longer run machines you mentioned so I can’t answer. To ask a question more my speed, let’s say you were playing on a double point day. How much would that effect your entry point on magic treasure</p>

          #5922
          Two NickelsNickels
          Participant
            On Raymond Snell said

            Cool thought. While this seems like a personal question, as things like risk tolerance and opportunity cost of time come to mind. I failed to consider the numbers suggested for when something is a play doesn’t take rakeback or any other benefits into consideration.
            <p style=”text-align: center;”>I’ve never played any of the longer run machines you mentioned so I can’t answer. To ask a question more my speed, let’s say you were playing on a double point day. How much would that effect your entry point on magic treasure</p>

            I don’t think it would move the needle for me on Magic Treasure unless the base points were already crazy valuable. But if we’re assuming a 0.2% cashback rate on the point, then I can’t imagine 0.4% would move the needle for me on when to play that game in particular.

            #5985
            Ben RosenthalBen Rosenthal
            Keymaster

              All right, here’s how I’d approach some of these more common long-run games you mention. And first, I have to acknowledge that these are ballparks. I didn’t run anything through a magic slot simulator, though that sure would be handy.

              • Hexbreak3r: Of all of them listed, I think going from a six-up middle to a five-up middle is the biggest leap. Sure, if the outside columns are moderately high and have bonuses up top, that’s a different story, but that’s not really what you’re describing, as eventually those will become reset and you’ll often be left with a mostly naked five-up middle. So, would I play a five-up middle with the rest of the board close to reset while getting 5% cashback? Assuming an average RTP on the game to begin with, I don’t think that would be enough. Yes, it would be so many spins and a lot of cash back, but I think you’d be down too much. How much cash back would you need for something like this to be worth it? I think I would be too close to “guess” territory to even provide a number. “Clearly 5 high is better than reset, but is it better than the overall RTP that factors in all game states?” I would not think if we’re talking about a five high with the other columns low.
              • Regal Riches/Prosperity Pearl: “With Regal…if we like 60 purple…I’d imagine we’d like 59 with 3% cashback….but would we go even lower? 58? 57? What about with 5% cashback?” –> Let’s assume the green and gold are reset or close to it, as those numbers being somewhat inflated can matter over a large sample—of course, should you get lucky and trigger either one while on a purple chase, it’s better when that green has 73 built up rather than the reset of 40. So, would I play a 59 purple with 3% cashback? Yeah, I would. I guess the real question is, what percentage is each gem worth? That I don’t know. Would I play a 57 purple with 3% cashback? That one seems really borderline with what I’d assume is a reset green-gold and an average RTP.
              • Rich Little Piggies: Again, I am going to assume the yellow and red pigs are reset. Considering I’d usually play a 19 anyway out in the slot jungle, I’d play a 19 with 3% cashback. Yes, I wrote down 20 and have that as the minimum, but I’d be lying if I said I followed everything to a T every time, especially since I often value comps. Would I play a 16 with yellow and red reset and 5% cashback? I would not. Around there is where I’d draw the line. You have to draw it somewhere, even if the difference between a 16 and 17 isn’t a whole lot in a game like that.
              • Stack Up Pays/Ascending Fortunes: Another fun, volatile one. It’s tough to say how much I’d lower with X% back since combos are often so relevant in the game. Though for a grand or especially mega chase, the mini and minor don’t mean a whole lot. So let’s say I found a 315 mega, which isn’t even easy to find in the first place, but the rest of the board was underwhelming (low grand and major). If I got 5% cashback on something like that, would it be enough? That would be the lowest I’d go, and that might still be a loser long term. I wouldn’t feel great about it, that’s for sure. At 310 with a reset board, I’d pass unless the cashback just started getting unrealistic. The mega tends to pay significantly more than the grand—I’d have to ballpark at about 2x, though that may be slightly off since I don’t have an enormous sample—so I’d be leery about lowering the numbers for a naked grand chase. A 230, for instance, doesn’t seem close enough for any realistic cashback you’d be getting.
              • Wolf Run Eclipse/Cats Wild Serengeti: As I noted in the write-up, I went conservative with the major recommendation, so that would be the one I’d want to lower if I were getting anything back. (Truth be told, I might lower that number in the write-up anyway at some point, as that was based on personal misfortune over a smallish sample.) But if we’re talking about a solo mini chase with the minor and major close to reset, it gets a bit dicey, as the game is so volatile to begin with. I’d put 26 as just over break-even, assuming an average RTP and the other numbers low. Would I play a 25 for 2% cashback? I probably would. A 24? Gun to my head—we need the answer or else!—yes, I’d play the 24 too. At 5%, I probably would start banging away at a naked 22 mini too, even though it pains me to type that and I wouldn’t be sure about it.
              1. Would you play a 5 high center on Hexbreaker for 5% cashback? No
              2. Would you play a Regal Riches gold at 98 for 5% cashback? No
              3. Would you play a 16 on Rich Little Piggies for 5% cashback? No
              4. Would you play a naked Mega on Stack Up from 310 for 5% cashback? No
              5. Would you play a solo mini on Wolf Run from 22 for 5% cashback? Yes

              These are great hypotheticals, as none of them are “obviously yes” or “obviously no.”

              Also, if comps are a factor, the answers could change. And if you’re into building multiple cards at casinos—that’s obviously not allowed, but suppose that’s your thing…no judgment here—then you can really start lowering the numbers if you have a whole system figured out. I know a guy who knows a guy who says he makes hundreds of thousands per year just on building player cards. I’m sure he’d be an emphatic “yes” for all of these questions in that situation.

              How’d I do? Does anyone else have any thoughts? These are great questions to consider, as everyone’s slotting situation is different.

              #6002
              Two NickelsNickels
              Participant

                Alright, so if none of them are obvious yes or obvious no, then 5% cashback is pretty close to the line there.

                So what I gather from those answers is that;

                1. You don’t believe that a 5 high hex middle is better than 95%, I agree. Especially with a base assessment of 87% overall RTP as the setting, for an 89er it might be close. So the next step is…if not 5%, what if we doubled that to 10%? Do we think a 5 high center is >90% return?
                2. You don’t believe a (naked) Regal Gold at 98 is better than 95%. I think it’s close, ultimately the status of green would determine my choice here. Nonetheless, if 5% isn’t quite enough for it…where do we think that line is? I think getting 10% would be a clear go…what about in between at 7.5%? This part is what I think is most interesting about the exercise, it’s almost like very rudimentary sports handicapping where the true odds are unknown. “Would you bet Texas at -6? okay -6.5? -7? Okay what about Arkansas? +8? +7.5? +7?” (not endorsing anybody attack a major market that way btw, just an exampe)
                3. We’re in agreement here, I think that’s about right. Which would tell us that much more than 5% would make 16 a go, but 5% or less is not a go with 16.
                4. I agree with regards to the Grand, it moves too slow and doesn’t come anywhere near the value of the Mega, I’d probably still be a no on 235. The Mega I’m not so sure though, I think part of the beauty of the Mega, and also with top progressives on games like Coyote Moon Deluxe, is that you probably will be collecting on the portion of the return that’s in the other bonuses as well as the one you’re chasing, whereas you’re unlikely to collect on a Mega while playing for a Minor. Of course, status of the Grand and Major matter here, but even if it was naked, I’d be tempted to take 310, though I wouldn’t be thrilled to with 5% cashback.
                5. I agree with this take, but I might be willing to go lower. That’s more to do with a different evaluation of what I use as an entry point in the first place though. Certainly I think we’re getting close to the right number with 22 at 5%.

                 

                If anybody else would like to chime in, I think the more opinions the better, we could even do hypotheticals with different games. This also gives us an idea of which entry points are close to break-even and could stand to be tightened vs. what’s a slam-dunk edge that could possibly be loosened.

                I also want to throw this out there to anyone reading- Of course these examples are just hypotheticals, but I wouldn’t be bringing it up if I hadn’t encountered some ludicrous cashback/multiplier/point accrual rates on these types of games before…and played some nauseating numbers as a result.

                #6006
                Ben RosenthalBen Rosenthal
                Keymaster
                  1. A five high Hex and a 10% return…I’d have to think that would be good enough to play.
                  2. Right; the status of the green would be important for something like a 98 gold. If we’re assuming reset green and purple with a 98 gold, even 7.5% seems a bit low. At 10% with the same setup, yeah, I’d be in. At 7.5%, I’d want at least something on green—even mid-60s or so. I think at that number, I’d usually get it in range before triggering gold.
                  3. Indeed.
                  4. “…you probably will be collecting on the portion of the return that’s in the other bonuses as well as the one you’re chasing, whereas you’re unlikely to collect on a Mega while playing for a Minor.” –> This is true, but couldn’t you just as easily hit the mega and have built up the other bonuses just short of being plays? Yes, you will likely hit a bunch along the way on a mega chase, but there’s still your own building that you’ve done that you’ll then be leaving.
                  5. Yup, I know some folks play these games a little looser than I do, so that’s fair. In general with games in that “red” category, a rule of thumb is I tend to be more conservative when I’m recommending numbers.

                  I’d like to echo your point of more discussion. I change my numbers and minimums frequently as I get more of a sample; I don’t think there’s any shame in doing so. No, they are rarely drastic changes, but changes nonetheless. Getting more input and a larger sample in general helps a lot.

                Viewing 7 posts - 1 through 7 (of 7 total)
                • You must be logged in to reply to this topic.