Riverslot sweepstakes analysis

The essence of the game of Riverslot sweepstakes is that participants place bets on previously undefined events. Then, after the completion of these events, the contributions of the participants are redistributed between them, in accordance with the winning categories.

The organizer holds a fixed part of the funds in his favor. Also, the organizer usually offers a special prize for the most difficult winning category – jackpot. Initially, the jackpot is usually relatively small, but it is growing fast enough.

Prizes in Riverslot sweepstakes

As a rule, prize categories are selected so that the number of winners is relatively small (5-10% of the participants), this allows you to make relatively large (10x and higher) payments. Riverslot sweepstakes, where about half of the participants win with a payout ratio of about two, I have not met.

The fact is that the goals of Riverslot sweepstakes are different from the goals of a poker game or a bookmaker. The tote has a lot of similarities with the lottery, the client makes a fixed contribution in the same way, fills out a ticket, makes a choice, waits a long time for the start of the draw, loses more often than wins. But returns with renewed vigor to get the main prize – an amount that will change his life.

Traditional sweepstakes

A tote is similar to a bookmaker. In that the choice should not be made between faceless numbers, the probability of which is exactly the same. But between the outcomes of sports events. It is impossible to determine their probability exactly. But it is possible to evaluate the chances of outcomes with one degree or another degree of accuracy. A deep understanding of the sport can help do this better than other players.

In the traditional, most popular Riverslot sweepstakes, the prize structure, and formula are the same. 15 matches exist with three outcomes. Three approximately equally likely outcomes with a draw are only in football and, with some stretch of the imagination, in hockey. In addition, the organizers of the draws, for obvious reasons, do not want the jackpot removed. So they are forced to give not interesting matches, but equally probable. You rarely see the game of Barcelona or Bavaria in circulation, but very often – the championships of Israel and the second league of France.  And in the middle of the week, when there is clearly nothing to give – the Costa Rica championship or the fourth league of England awaits you.