N.J. Admin. Code § 13:69F-11.14
Current through Register Vol. 56, No. 19, October 7, 2024
Section 13:69F-11.14 - Progressive payout wager(a) A casino licensee may, in its discretion, offer to every player at a pai gow poker table who has placed a pai gow poker wager the option to make a progressive payout wager on whether the player will be dealt a hand type as set forth in (d) below. The progressive payout wager shall, in the discretion of the casino licensee, be either a $ 1.00 or $ 5.00 wager.(b) Prior to the first card or stack of cards of a round being dealt and once all wagers including progressive payout wagers have been placed, the dealer shall announce "No more bets" and press the lock-out button on the table controller panel. The dealer shall then remove any wagers placed on the progressive payout from the table inventory return device, verify, on the layout in front of the table inventory container, that the that the number of gaming chips wagered equals the number of lights illuminated on the acceptor devices and place the gaming chips into the table inventory container.(c) A winning progressive payout wager shall be paid in accordance with the payout table listed in (d) below. A winning progressive payout wager shall be paid irrespective of the outcome of the player's pai gow poker wager. Prior to paying a winning progressive payout wager, the dealer shall: 1. Verify that the light on the correct acceptor device has been illuminated;2. Verify that the hand is a winning hand; and3. Require a casino supervisor to validate any payouts to be deducted from the progressive meter pursuant to (e) below and the casino licensee's internal control procedures.(d) A casino licensee shall pay winning $ 1.00 and $ 5.00 progressive payout wagers at no less than the amounts listed below: | $ 1.00 PROGRESSIVE WAGER |
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| Hand Type | Payout |
| Natural Royal Flush and Pair | 100 percent of meter |
| Five Aces and Pair | 100 percent of meter |
| Natural Royal Flush | 10 percent of meter |
| Five Aces | 10 percent of meter |
| Royal Flush and Pair | $ 200.00 |
| Royal Flush | $ 100.00 |
| Straight Flush and Pair | $ 50.00 |
| Straight Flush | $ 25.00 |
| Four-of-a-Kind and Pair | $ 40.00 |
| Four-of-a-Kind | $ 20.00 |
| Full House and Pair | $ 10.00 |
| Full House | $ 5.00 |
| Flush and Pair | $ 6.00 |
| Flush | $ 3.00 |
| Straight and Pair | $ 4.00 |
| Straight | $ 2.00 |
| Three-of-a-Kind | $ 2.00 |
|
| $ 5.00 PROGRESSIVE WAGER |
|
| Hand Type | Payout |
| Natural Royal Flush and Pair | 100 percent of meter |
| Five Aces and Pair | 100 percent of meter |
| Natural Royal Flush | 10 percent of meter |
| Five Aces | 10 percent of meter |
| Royal Flush and Pair | $ 1,000 |
| Royal Flush | $ 500.00 |
| Straight Flush and Pair | $ 250.00 |
| Straight Flush | $ 125.00 |
| Four-of-a-Kind and Pair | $ 200.00 |
| Four-of-a-Kind | $ 100.00 |
| Full House and Pair | $ 50.00 |
| Full House | $ 25.00 |
| Flush and Pair | $ 30.00 |
| Flush | $ 15.00 |
| Straight and Pair | $ 20.00 |
| Straight | $ 10.00 |
| Three-of-a-Kind | $ 10.00 |
|
(e) The rate of progression of the progressive meter used to determine the progressive payouts required by (d) above shall be no less than 21 percent of the amount wagered for the $ 1.00 progressive wager and 27 percent of the amount wagered for the $ 5.00 progressive wager. Any progressive wager payout of $ 50.00 or more or for a straight flush for a $ 1.00 progressive wager, and any progressive wager payout of $ 250.00 or more or for a straight flush for a $ 5.00 progressive wager, shall be deducted from the progressive meter.(f) The initial and reset amounts for the progressive meter shall be established by each casino licensee pursuant to the rules of the Division. In no instance shall the initial or reset amount on the progressive meter that is funded by the casino licensee be less than $ 10,000.(g) Any payout determined by the amount on the progressive meter shall be based upon the amount that is on the meter at the time the player's progressive payout wager is paid, irrespective of the amount that was on the meter when the player placed the wager or when the dealer dealt the player's cards. N.J. Admin. Code § 13:69F-11.14