Harrah's progressive still ripe for picking

Oct 21, 2008 5:09 PM
by Kevin Stott |

In poker they often say all you need is "a chip and a chair" to have a shot at winning some really big money but with the Harrah’s Entertainment Inc. properties’ new Pro Pick progressive parlay card, you can try and turn a Hamilton ($10 bill) into a year or two’s pay.

With no winners after Week 7 in the NFL, the card’s jackpot rose to $69,009, one of the highest, if not the highest, potential payout in a parlay card contest.

Unique to this progressive is the mix of games against the point spread with "Pick ‘em" games – a real rarity for a parlay card.

Chuck Esposito, Caesars sports book director, said the sports books receive 35 percent of all money taken in from these cards, 45 percent goes to the progressive pool amount and the remaining 20 percent goes to the weekly consolation prize should no one win that week.

But what if no one wins the progressive the entire year? Will it carry over to next football season and have a potential six-figure jackpot? Nope. Sorry Charlie. If no one wins, the player(s) with the best record for Week 17 alone will get a chance to win – or split – the monster payout.

"If no one hits it, we’re going to pay it (all out on) Week 17 … whoever has the most winners," Esposito explained. "If there’s three people tied with the best record in Week 17 that all have 15 (wins, hypothetical 15-1 records), they would all split what’s left in the pot. So hypothetically, if there’s $90,000 in it, they would all split it and get $30,000 each."

The Pro Pick progressive is available at all HEI properties in the Silver State including Esposito’s home base, Caesars Palace, Bally’s, Rio, Flamingo, Harrah’s, Paris, Bill’s Gamblin’ Hall & Saloon, Imperial Palace and Harvey’s in Lake Tahoe.