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It’s a zero-sum game, but there are 3 parties: the state general fund, the prize pool, and the players. By regulation, a fixed percentage of each ticket sale g
by kd5bjo 7y ago
It’s a zero-sum game, but there are 3 parties: the state general fund, the prize pool, and the players. By regulation, a fixed percentage of each ticket sale goes to the state general fund and the rest goes to the prize pool. Also by regulation, all the money that goes into the prize pool must eventually be paid out to players.
The unpaid prize pool getting too big can cause problems for the operator: there may be accusations by the regulator that it’ll never be paid out, or it could be stolen or mismanaged leaving the operator insolvent because they no longer have the funds they are required to give to players.
A rolldown event is the operator choosing to increase the payout schedule to an expected win for the purpose of reducing their liability of unpaid prizes; tickets having a positive expected value is the entire point.
- zaroth 7y agoSwarming the rolldown day would just have the effect of diminishing the prize pool faster, and therefore a longer delay before the next rolldown day.