7/24/2022

Slot Machine Jackpot Odds

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Slot Machine Jackpot Odds Average ratng: 5,8/10 8552 votes
  1. Slot Machine Jackpot Odds Poker
  2. Slot Machine Jackpot Odds Against
  3. Slot Machine Jackpot Videos

As far as the casino industry is concerned, slot machine games are the most played games, yet, they are the least understood.

In the UK, slot machine games, also known as the fruit machine games, are some of the most sought after games at the land based casinos, and in the US, where they were first played in the 1890’s, they continue enjoying prominence and popularity among the players!

Australia, where they are referred to as Pokies, has more slots per capita than the US though, and while not at the same level as Australia, slot machine games continue to receive game time across different European countries and different gambling hotspots in Macau.

Online, hundreds of millions of bettors continue playing video slot machine games, as casual players through different social media application or for real cash at the different online casinos.

Slot machines with the best odds of winning. What you are looking for is a percentage figure known as the RTP, or return to player. The higher the percentage figure, the better the return. For example, slot machine odds of 97% indicate that, in theory at least, you will get back $97 for every $100 you spend. Of course, you would need to sit at. By improving the odds it is sure to hit a jackpot. So, let’s see what are the odds of hitting a jackpot on a slot machine. Modern video slots; It is true that developers are dealing with complex slot machines and the modern video slots include ten numbers on reels and five on online casinos, unlike traditional slots.

But even to those who have devoted their free time playing slots; the different slot terms, how they work, and the odds of winning the jackpots remain in the dark!

Odds

Is it possible to win playing slots jackpot?

The first and popular question that most of bettors ask is ‘Can I win the jackpot games?’ Right after this, they’ll ask ‘Is there a strategy or secret to winning big?’

It’s natural enough for any player to want to win! What’s the point of playing anyway? Is it not to experience the thrill and big wins that come with the video slot games?

Can I win while playing the jackpot slot games?

Sometimes, yes! All the payoffs as indicated on the video slot game actually represent your chance of winning. Any slots player who very often plays the game will increase his/her chances of winning and a reason to celebrate. But we are yet to see someone, besides the woman who won €1.75 million who while playing the same video slot game in a month, defied the odds of 625million:1 and won the same game twice in a row!

Is there a strategy or a secret to winning big?

Let nobody lie to you that they used a well worked out formula to win the video slot games! With rare cases, 99% of the slot machine games purely rely on chance. The results are determined by the Random Number Generator, and there’s nothing the casino or bettor can do to influence how the numbers are generated.

To this popular question, there isn’t any magical strategy or formula to increase your chances of winning! Only cross your fingers and pray lady luck is on your side!

Genesis

What are the odds of winning a casino jackpot?

The odds of winning any casino jackpot vary from one game to another, on different coin values for the different bets you place, and in some cases on a slot machine game with the same denomination but playing on different machines. Casinos don’t usually advertise the odds of the different games and neither do they post them on the different machines.

Therefore, the best that we could do to estimate the odds of winning the different jackpot is to compare different games, offered at different casinos. For the estimate, we focused our attention on the United Kingdom market, where the casino average payouts are made public by the UK Gambling Commission for bettors to see.

Slot Machine Jackpot Odds Poker

The percentages are different from one casino to another but the overall look of the paybacks look like this: Slot machines normally pay higher percentages if you place bigger bets. Below are some average house edges and returns, based on the information that we gathered from the UK Gambling Commission.

Take note that the percentage of bets returned to the bettor as winnings increase as the size of the bet gets bigger. Gamblers who choose to go for the more expensive jackpot games get a larger portion of their wager back, and also stand a better chance of winning.

Does this mean that players should focus on placing bigger bets? No! By playing the more expensive game and get a larger portion of the bets you place back, but at the end of it, lose more money as you’ll be taking a bigger risk. The best thing to do is to let your bankroll guide you, and also avoid betting more money than you can afford.

Slot Machine Jackpot Odds Against

Modern Video Slot Odds

Most of the modernised slot machines don’t have 10 numbers on each reel and most of the slot games, both at the online and land based casinos, have at least five reels as opposed to the traditional three reels. This means that the developers and programmers are always dealing with more complex machines, featuring hundreds if not thousands of stops, symbols or random numbers on each reel.

Below are some of the factors that are always considered when modern video slot odds are determined:

  • When the slot machines are on video, the programmer can choose to make the reels as long as he/she needs them to be. If for example, to achieve the right odds the programmer requires a slot reel to feature a sequence of 1000 symbols, then he/she will have to program a 1,000 symbol reel.
  • However, in the land-based casinos, it difficult for the programmer to fit the 1000 symbols in the mechanical slot machines. Therefore to achieve this, the programmers use what is referred to as the ‘Virtual Reel’. Thanks to this feature, the slot machines at the brick and mortar casinos with the small reels can act as if they have more symbols. For example, the programmer could tell the machine ‘Any time the RNG software stops on number 7, stop on the jackpot symbol. Any time it stops on numbers 5, 3, 1 or 9, stop on the first bar.’ By programming the machine this way, the highly sought symbol that triggers the jackpot can only appear once after several hundred or thousands spins. This plays a huge role in determining the odds of the jackpot. A good example was in 2003 when the world record jackpot of Megabucks machine paid out a mind-blowing $39 million. According to IGT, the company behind this game, the odds of winning the jackpot were approximately 1 in 50 million.

The Free Spins & Bonus Factor

Slot Machine Jackpot Videos

Almost all the modern video slot games, including jackpots, have bonus events which come in different forms including the spinning of a bonus wheel as with Mega Millions; Pick’em bonuses as seen in Jackpot Party and you can check out free spins on our favourite sites at a number of highly recommended online casino operators.

During the bonus round, you have the chance of accumulating credits without spending any extra cash thanks to the in-game free spins bonus round. This has to account for while setting the game’s odds and paybacks during the regular reel spins. But how do the free spins contribute to the game’s overall jackpot?

One of my friend, who happens to be a programmer told me that one of the games he has developed has a 90% RTP; 60% of this comes from the general reel spins, 30% comes from the different in-game bonuses, including the free spins and the remaining 10% comes from the house.

So how do you increase your odds of winning the casino jackpot?

Below are rules of thumb that every bettor should follow to increase their chance of winning while playing video slot games.

  • Always choose games that you understand better
  • Make the most of the casino bonuses and offers to boost your bankroll. Most sites powered by NetEnt have free spins offers and deposit offers
  • To ensure that your bankroll goes further, reduce the number of coins that you bet on each line and increase the number of paylines. This increase your chances of winning the bet
Want to increase the chances of winning the slots jackpot? Well, to do so, most of the people are interested in understanding the odds related to heating the slot machine with a jackpot. However, the truth is that not a single person is aware of the actual odds of hitting the slot machine with jackpot. It is the responsibility of the experts to gather necessary data from the experience of the players as well as winnings for calculating and giving an approximate idea of the odds of winning slots. Not a single gaming manufacturer, online casino, or land-based casino are responsible for publishing the odds of slot game.

Biggest Jackpot of Progressive Slots

The biggest jackpot of the progressive slots in the entire globe is Megabucks. Megabucks hits around at $12 million, but it can also hit at $33 million. It is important to know that if the jackpot is extremely high, it is difficult to hit it. The lowest possible odds include one in every 32768 for 1000-coin jackpot blue and red white pokies. The longest odds are 1 in every 49,836,032 for the biggest jackpot, Megabucks. Megabucks is known to have a multi-million-dollar prize. Therefore, if the jackpot is higher, it is more likely for you to lose within the short-term. It is going to take skill and talent to fund the extra-large jackpots. Those machines that have huge jackpots, like Megabucks and Wheel of Fortune, are responsible for having bad odds, not just for hitting the jackpot but also for smaller pays. The cost indeed is the same as playing on regular slot machines, but they are responsible for draining the money faster. Therefore, if you want a fair chance of winning within the short term, it is suggested that you choose machines that have small jackpots.

Time Is Taken By Slots to Hit a Jackpot

As stated by slots expert Michael Bluejay, you can take one week to a complete year of full-time play for hitting the slots jackpot on an average. Therefore, the odds of hitting the jackpot on Jacks are around 1 in 40,000. The odds on the news slots games are also extremely long. When someone is hitting a huge jackpot, they need to wait for the staff from the casino to come and pay the cash by hand. Also, the players who are hitting the jackpot will take breaks and stop playing for quite a while. This is why newer pokies take time to hit the jackpot. Apart from that, the spin on the slot machine is random, that’s why it does not matter when the last jackpot has been hit. Not a single slot machine is going to be “due” to hit. Most people think that they can hit the jackpot by choosing a machine, which has not paid out recently, thinking that it is “due,” but the truth is that it is not. It is important to know that slot machines are not “due.” Slot

Odds Associated with Winning Progressive Slots Jackpot

On most of the slot machines, the total amount of the highest jackpot is fixed. However, certain slots are known to have meters, which show that the amount of the jackpot is getting higher progressively. These machines are known as progressive machines. The portion of the amount that is played in these machines helps in pushing the jackpot higher. This means that when more players are playing, the jackpot is going to go higher up. Apart from that, these slot machines have been linked together. This means that irrespective of the machine on which you are playing, the jackpot is being fed, and the linked games may also win the jackpot. Slots that include Wheel of Fortune and Megabucks are the best examples of these kinds of slots. Therefore, even when you are walking from a single casino to another one, you will observe that Megabucks’ jackpot remains the same.

Winding-Up

A great portion of every dollar played is responsible for fueling the jackpot. Most returns on typical slots come from smaller pays and not from the jackpot. Another important point to understand is that jackpots like Megabucks are normally paid in yearly instalments over a few years. It is your responsibility to understand whether the machine that you have chosen will pay you upfront or in small instalments.