Macau — August 27, 2019. Following months of success of the first two Konami Fortune Cup horse racing Multi-Terminal Gaming Machines (MTGM) debut in Cotai and Macau this year, Asia Pioneer Entertainment Holdings Limited (“APE” Stock Code: 8400.HK) announces today the third installation of the popular game has been operating since late August, 2019 at MGM COTAI. Our 2020 Melbourne Cup tips are here!The 2020 Melbourne Cup has drawn one of the strongest fields in the history of the race and we are set for a fascinating contest at Flemington on Tuesday.W.
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Introduction
Fortune Cup is a very nicely done horse racing game by Konami. It has many of the features of the beloved Derby game by Sigma. The excitement is the same, but the Komani brings the game up to modern standards.
Rules
Each race is run with eight horses. Up to eight players can place bets on betting screens. The following bets are available:
Win — This is a simple bet that wins if the chosen horse comes in first place.
Place — This bet wins if the chosen horse comes in first or second place.
Quinella — For this bet, the player chooses two horses. The betting stations show all 28 combinations of two horses out of eight. The bet wins if those two horses come in first and second, in either order.
There are also three progressive jackpots to the game. As I understand it, sometimes, after betting closes, a horse will be picked at random. If that horse wins the race, then players will win one of the progressive jackpots. I have no idea how often it hits, average win amounts, or how much it contributes to the return of the game. I'm not sure if betting on the given horse is required, or if and how jackpots are shared among players.
Analysis
Pick 4 Horse Racing Strategy
This analysis was based on the units at the Venetian and Red Rock in Las Vegas. The way I analyze games like this, and futures bets in sports betting, is to assume the probability of any bet winning is inversely proportional to what it pays. In other words, every bet of a given type of bet has the same return or house edge. For Win and Quinella bet this is easily done as follows:
Take the inverse of the win for all possible outcomes.
Take the sum from step 1.
The expected return of the game is the inverse from step 2.
For place bets, I did the same thing except divide the sum from step two by two, because two horses place in each race.
That said, I took down all the bets for three races. Based on these three races, the average returns are as follows:
Derby 2017
Fortune Cup Horse Racing Strategy Games
Bet
Venetian
Red Rock
Win
83.75%
81.92%
Place
84.27%
81.84%
Quinella
84.00%
81.98%
What I think is actually going on is the game is set to a target return of 84% at the Venetian and 82% at the Red Rock. However, with only eight horses and wanting to keep the wins to one decimal place, they missed those targets by up to 0.5% on any given race.
While any return in the low 80's is not a good bet, mathematically speaking, there is only one race about every two minutes, so it is a slow and fun way to play. On an hourly basis, the average expected loss per hour, assuming the same amount bet per play, would be much greater playing reeled slots or video keno than Derby.
Finally, this analysis does not consider the value of the progressive jackpots. If forced, based on industry norms, I would say the value of the jackpots is roughly about 2%.
Video
Here is a typical race from the unit as the Venetian.
Written by:Michael Shackleford
Macau, March 04, 2019 – Asia Pioneer Entertainment Holdings Limited (“APE” or the “Company”, with its subsidiaries collectively referred as the “Group”; Stock Code: 8400.HK) announced today the debut of the Fortune Cup horse racing machine in two of the most prominent casinos in Macau, further expanding the electronic table game’s reach in Asia.
Developed by gaming machine specialist Konami Australia Pty Ltd, Fortune Cup is a multi-station mechanical horse racing game with real-time digital video animation. Poker machine strategy. It combines the mechanics of traditional arcade horse racing with the actual experience of casino-table gaming.
Fortune Cup comprises a central 274cm-wide race track for eight horses, which can move freely and independently across the course. There are 12 high-definition touchscreen terminals for players to place bets and view horse odds, race statistics and comprehensive bet options for win, place and quinella.
Fortune Cup is also equipped with a large LCD screen to offer spectators sports broadcasts in real time. Chinese voice-overs for these broadcasts are jointly produced by electronic gaming equipment supplier APE and renowned Hong Kong horse racing commentator Samuel Hung.
“Fortune Cup is an electronic table game that is the only one of its kind in Macau. We are getting a lot of positive feedback from operators of this arcade style horse racing game from casino floors. I believe it will be one of the mostpopular casino games in 2019,” said Mr. Herman Ng, APE’s Chief Executive Officer and Executive Director.
Fortune Cup Horse Racing Strategy Game
Mr. Hideo Goto, International Sales Manager at Konami Australia, said: “Macau is a market we have been eager to expand into. Konami Australia is very excited to partner with our Macau distributor APE to install the Fortune Cup machines in these two casinos. I look forward to rolling out Fortune Cup tomore casinos in future.”
Fortune Cup Horse Racing Strategy Tactics
About Asia Pioneer Entertainment Holdings Limited Asia Pioneer Entertainment Limited (“APE”) is a leading electronic gaming equipmentsupplier in Macau. It is listed on the Growth Enterprise Market of Hong Kong Stock Exchange, Stock Code: 8400. HK. APE was established in 2006 in Macau and is an approved gaming machine agent licensed by the Gaming Inspection and Coordination Bureau of Macau (DICJ). APE is a global distributor, presenting gaming manufacturers from Slovenia, US, Taiwan and Australia. For more information, please visit: https://apemacau.com/
Best Horse Racing Strategy
About Konami Australia Pty Ltd Konami Australia Pty Ltd was established in 1996 and has built a reputation as a leading designer and manufacturer of gaming machines in a global market, providing a constantly innovative product range. Commencing as a manufacturer of gaming machines in Australia, it has expanded its market, exporting to New Zealand, Malaysia, Macau, Singapore, Philippines, South Korea and many African countries. Konami Australia also supplies technologically advanced integrated casino management system. Konami gaming division has offices in Australia, Japan and USA. For more information, please visit: https://www.gaming.konami.com