N.J. Admin. Code § 13:69F-16.12
Current through Register Vol. 56, No. 21, November 4, 2024
Section 13:69F-16.12 - Payout odds; rate of progression; payout limitation(a) The payout odds for winning wagers at Caribbean stud poker printed on any layout or in any brochure or other publication distributed by a casino licensee shall be stated through the use of the word "to" or "win," and no odds shall be stated through the use of the word "for."(b) A casino licensee shall pay out winning ante wagers at payout odds of 1 to 1.(c) Subject to the payout limitation in (d) below, a casino licensee shall pay off each winning wager at the game of Caribbean stud poker at no less than the odds listed below: | Wager | Payout odds |
| Royal Flush | 100 to 1 |
| Straight Flush | 50 to 1 |
| Four-of-a-Kind | 20 to 1 |
| Full House | 7 to 1 |
| Flush | 5 to 1 |
| Straight | 4 to 1 |
| Three-of-a-Kind | 3 to 1 |
| Two Pair | 2 to 1 |
| One Pair or Less | 1 to 1 |
|
(d) Notwithstanding the payout odds in (c) above, the payout limit on each bet wager for any hand shall be no less than $ 5,000 or the maximum amount that one patron could win per round when betting the minimum permissible wager, whichever is greater.(e) A casino licensee shall pay out winning progressive payouts at no less than the amounts listed below: | Hand | Payout |
|---|
| Royal Flush | 100 percent of progressive jackpot |
| Straight Flush | Either 10 percent of progressive jackpot or $ 5,000, |
| as designated in the casino licensee's internal control |
| procedures |
| Four-of-a-Kind | $ 500.00 |
| Full House | $ 100.00 |
| Flush | $ 50.00 |
| |
(f) The rate of progression for the progressive meter used for the progressive payouts in (e) above shall be no less than 70 percent. The initial and reset amount shall be established by each casino licensee.(g) Winning progressive payout hands shall be paid in accordance with the amount on the meter when it is the player's turn to be paid in accordance with 13:69F-16.11; provided, however, if more than one player at a table has a royal flush progressive payout hand, each player shall share equally in the amount on the progressive meter when the first player with a royal flush is to be paid. N.J. Admin. Code § 13:69F-16.12