Quote:
Originally Posted by dilanesp
If nobody liked these bets, they wouldn't be successful.
Obviously they must generate handle.
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What is your definition of successful?
Here are some things they do....
They take money out of circulation for significant periods of time thus reducing churn. One cannot argue the overall value of churn ( a proven fact ) and disagree with the prior statement. They are not mutually exclusive.
Return significantly less to the players than any other wager on a daily basis, which also reduces churn.
Here are some things they likely do....
Fail to create the added handle that a normal Pick-6 Carryover can create because no player sees the supposed "Jackpot Carryover" as something worth chasing on any given day other than the mandatory giveaway day.
Inequitably distribute the pool to players and whales alike. While one could argue this is taking place in many pools, likely not to the extent of Jackpot wagers. The carryovers are very much built on the backs of small players who do not get anywhere close to a similar distribution when such carryovers are distributed.
It's, like most things, a complicated discussion. But using the word "successful" wouldn't be how I would label the wager.
