What Are The Odds Of Winning A Slot Machine Jackpot

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Can changing your bet size help you win a slot machine jackpot?

Slot Machines Tips to Win - Understanding Slot Odds Stick to machines with small jackpots and fixed payouts. Fun casino hire cheshire england. The bigger the jackpot a slot machine offers, the tougher it is to win. The other aspect of winning a slot machine jackpot that most gamblers don't anticipate is the mental letdown that occurs afterward. Folks who are addicted to drugs or alcohol often reference the 'come-down,' or the unique effects on brain chemistry that occur when somebody stops using substances cold turkey. So a simple yet effective rule is to always bet the maximum when playing flat-top slot machines. Flat-top slots have a lower house edge than progressive slots and you will win more often (in other words, have a higher hit frequency) since a smaller portion of total payback comes from the jackpot (in flat-tops, this is often around 2% but in a progressive jackpot like Megabucks it's around 10%). A simple example can help illustrate how this works. Suppose you have a slot machine with three reels with ten symbols on each, and it only pays out when three cherries hit. The odds of winning that jackpot, as we determined earlier, is 1/1000.

I've heard several interesting theories recently on slot machine strategies. Two of them relate to adjusting your bet size, and how it can decrease or increase your odds of winning a slots jackpot. We'll take a close look at these theories to determine whether they have any merit, based on fundamental slot machine mechanics and random number generator (RNG) algorithms.

Increase Bet to Win a Slot Machine Jackpot

Our first hypothesis deals with increasing the coin denomination to simultaneously increase the game's return to player (RTP). The theory here is that slot machines will inherently deliver bigger payouts to player's who are willing to bet more money per spin.

This concept can be dissected in two ways. First of all, placing larger bets will award larger prizes, simply because all payouts are multiples of the player's bet. On pay-line slots, the total bet is divided by the number of paylines. Thus, each winning combination is a multiple of the per-line bet. But this is simple mathematics, generally understood by all beginner to intermediate level slots players, and has no bearing whatsoever on the game's RTP.

The more important idea here is that the RTP will be higher for a large wager, but lower for a small wager. For example, betting $0.25 on an online slots games may incur a 95% RTP, while increasing to a $2+ bet per spin will raise the RTP to something like 97%.

In this case, it can be true. It all depends on the game, though. The majority of slot machines do not integrate a fluctuating RPT. Some of the ones known to use a rising-RTP method include Microgaming‘s Mega Moolah progressive slots (higher chance of triggering the jackpot bonus game with larger bet), and all WMS/Barcrest games that feature ‘Big Bet Mode‘.

Decrease Bet To Win a Slots Jackpot

This one is a pretty strange concept, but it has arisen in several discussion forums of late. According to one gambler, he was playing the slot machines at a local casino when he saw the woman behind him win over $2,000 playing $0.25 per spin. He sought advice from the cocktail waitress, asking if he should stay away from that machine for awhile.

He claims that the waitress told him no, the machine is just as likely to win again (which is true). However, she suggested that he decrease his wager to around $0.05 or $0.10 per spin. According to her instruction, the machine would not be willing to pay another jackpot to a $0.25 bettor. But it will still pay off for a reduction in bet size.

I'll start by addressing that last bit. Such advice is absolutely absurd. No slot machine on the planet will have an increased chance of paying out a jackpot for smaller bets. Aside from the rare ‘increased bet/RTP rate' games described above, slot machines payout entirely at random.

The RTP is upheld in the long term by the RNG. The RNG stops on a random sequence the moment you pull the, or push the spin button. Only this can determine the amount won or lost per spin. No result is predetermined (except on Class II games, which aren't true slot machines). Realistically, a slots jackpot is just as likely to pay twice in one day, or twice in five years.

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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.

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!

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?

What Are The Odds Of Hitting A Slot Machine Jackpot

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.

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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!

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.

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.

What Are The Odds Of Winning A Slot Machine Jackpots

What

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.

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

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?

What are the odds of hitting a slot machine jackpot

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.

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

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




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