Moffo said:
In fact, im convinced that you doesn't understand poker machines
Poker Machines offer back between 80-90% of money put in. That is a fact. So if a player wins a jackpot but then plays it back down to zero without taking it out, then the club would keep all the money. In theory, a club could have a machine that never has money taken out of it by the player. So how can they have a set return?
You obviously don't understand poker machines.
Poker machines have around 20% cut of your "action". Which is completely different to what you are saying.
Your "action" is the amount you bet over a period of time. Not the amount you put into the machine.
Eg for a 3 game sequence, where you put in $10, and bet $5 a go:
Game 1: Bet $5, win $0
Game 2: Bet $5, win $10
Game 3: Bet $5 win $0.
Even though it only cost you $10 to play, your action is $15, and the poker machine on average will take about $3 (20%) of that.
Which in effect is $3 from your $10 which is 30%!
I can never understand how anyone can support these things. They are a scurge on the landscape. The NRL would be a lot better off without relying on pokie money, as it would be able to expand into new markets with a sustainable economic model purely driven from football.