The eight-spot is one of the most popular tickets today, but it is hard for the average player to compare pay rates at various casinos to get the best rate. You can use the chart below with a desk calculator or pencil and paper and easily separate the good from the bad and ugly.
Simply multiply the payout for each catch by the factor given in the chart above, add all the results together, and divide the total by the price of the ticket.
For example, take a $1 eight-spot that pays $18,000 for 8/8, $1,480 for 7/8, $100 for 6/8 and $8 for 5/8. $18,000 x 1 = $18,000, $1,480 x 36.92 = $54,641.60, $100 x 544.62 =$54,462, and $8 x 4,211.69 = $33,693.52. Adding together gives $18,000 + $54,641.60 + $54,462 + $33,693.52 = $160,797.12. Since the ticket is a one-dollar ticket the final step of division by the price is unnecessary. The higher the final figure, the better the ticket is for you, the player.
Let’s do a $2 eight-spot that pays $50,000 for 8/8, $3,000 for 7/8, $190 for 6/8, and $16 for 5/8. $50,000 x 1 = $50,000, $3,000 x 36.92 = $110,960, $190 x 544.62 = $103,477.80, and $16 x 4,211.69 = $67,387.04. $50,000 + $110,960 + $103,477.80 + $67,387.04 = $331,824.84. $331,824.82 divided by $2 (the price of the ticket) gives $165,912.42.
As you can see, the two dollar ticket is considerably better for the player than the previous one.
Here is a rough rule of thumb for total pay outs on eight-spots:
The GOOD: $165,000 and up.
The BAD: Less than $161,000.
The UGLY: Less than $156,000.
If you can find a GOOD eight spot to play, we’ll rate it, on a scale of one to five spikes with five being the highest, four spikes.
Just for your edification, here is a nice little 3-way-8 for you to play: Mark 10 numbers, and circle one group of four and three groups of two.
I would probably spend the extra buck and play the ten spot on this ticket, but since this column was about progressive eights, I left it off.
Well, that’s it for this week! Good Luck! I’ll see you in line!