A progressive jackpot is a jackpot that increases as more players play the game. The jackpot continues to get larger until a player wins the jackpot and the amount of the jackpot is then reset to its base rate.
When progressive jackpots get large enough, it is possible for a progressive video poker machine to become a positive expectation game. This is due to the simple fact that the payout for hitting the jackpot is getting larger but the odds of hitting it are staying the same. Generally speaking, any kind of game that offers a progressive payout is beatable if the jackpot gets high enough - even games like Powerball.
In order to calculate whether the progressive jackpot machine is a positive expectation, you need to convert the dollar amount of the jackpot to credits and then calculate the expected value to see if the game offers a positive expectation.
A true positive expectation game would take taxes into considerations. If your net profits are taxable but your net losses are not deductible then it is probably not a positive expectation after taxes.
Keep in mind that you will still need to play perfect strategy in order to theoretically actually come out on top.
Without a royal flush payoff, you will still probably have a negative expectation.
EricBurkholz01 on March 1, 2019
HPG ADMIN on March 1, 2013