Pacific Poker Progressive Royal Jackpot

[Bthoven]

Just wondered if anyone has crunched the numbers to find out what the Progressive Royal Jackpot at Pacific needs to be in order for it to have a +EV? I looked at BonusWhores, but they only have the Bad Beat calculated.

I think the math for this one is over my head, but if anyone wants to give it a shot here are the basic details (full bonus info is pasted at the bottom of this post). Players have the option to post an extra 50c to participate in the Royal Jackpot and it seems to average about 51K. Payouts are as follows:

100% to a Spade Royal Flush
10% to all other Royal Flushes
2% to a Straight Flush
0.5% to Four-of-a-Kind

I am currently playing $2/4 and I don't want to change my game too much to account for the jackpot but the game is loose enough that it is usually correct to play all pairs and suited connectors anyway in middle and late position. So basically at what level the jackpot is worth betting playing normal ABC poker? Thanks for the help,

Lee

Progressive Royal Jackpot:

Play on our Royal Jackpot tables and hit the Jackpot if you win with a Royal Flush, Straight Flush or Four-of-a-Kind.

For every raked hand played on our Royal Jackpot tables, a contribution of 50¢ per player will be collected at the beginning of the hand.

Contribution: 50¢ from the player

Winning Distributions

Every time the Jackpot is hit, 80% of the Jackpot amount will be distributed. Pacific Poker will replenish the Jackpot with another $5,000 each time the Jackpot is hit.


The Jackpot will be distributed, to the Royal Jackpot winner only, as follows:


100% to a Spade Royal Flush
10% to all other Royal Flushes
2% to a Straight Flush
0.5% to Four-of-a-Kind

General Rules


Royal Jackpots will be paid out on real money Hold'em games with table stakes $2/$4, $3/$6, $5/$10,$10/$20, $15/$30, $30/$60 only.
Four or more players must be dealt into the hand.
Two or more players must contribute to the Jackpot. If less than two players contribute, the hand will not be eligible for the Jackpot. Contributions from participating players will be returned to their bankrolls.
Players who do not contribute to the Jackpot are not qualified to win.
Players sitting out do not qualify for the Jackpot.
The winning hand must include both the pocket cards and the hand must go to the showdown.
If two or more players qualify for the Jackpot, the player with the higher hand wins the Jackpot.
Players must play their hands independently and cannot tell opponents how to act or reveal their hand to other players. Violations will disqualify the hand for the Jackpot.
In the event that technical difficulties occur that prevent the game's completion, the hand will not participate in the Jackpot. Jackpot contributions will be returned to the players' bankrolls.

Other Conditions applicable to all Jackpots


The Jackpot contribution is collected only once during the hand.
These contributions are added to the Jackpot until it is hit. Contributions from the Royal Jackpot tables will go toward the Royal Jackpot, while contributions from the Bad Beat Jackpot tables will go toward the Bad Beat Jackpot.
Any hand where you have not contributed to the progressive Royal Jackpot pool will not be considered eligible, regardless of whether or not the Jackpot auto-play box has been selected. Occasions where this may occur include, but are not limited to, the first hand of a session at any Royal Jackpot table, the first active hand following a disconnection and the first active hand after being sat out.