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So how do you really win a jackpot?
Do people save heaps of cash for months and months and then find a jackpot they like and then bet maximum bet until they win?
OR would you say it is a stroke of luck?
Ive been following recent jackpot wins on here over the last week and i see jackpots pay out quite a bit to be fair!!. Ive been researching this question and some say you can bet as much as 40p and win a jackpot?.
And some jackpots are not clear how you can be eligible to even play for the jackpot?
I am thinking it would be fun to pick a jackpot and try and win it!, I know everybody's jackpot by playtech pays out around every 8-9 days and it builds up quick!. I am going to go for it in the new year! any advice will be most helpful!
And hope we have a good discussion on this too!
The answer to your question is that it is pure luck. Ed has done some wonderful posts explaining this in the past, but I will try to do it.
Say your odds of hitting a jackpot in a single spin are 1 in 1,000,000. The 1,000,000 would be the total number of combinations or results in the game, and the 1 would be the jackpot win. Your odds don't change because you spin the reels more times.
Say you put in 100 spins on that machine, your odds of winning are still 1 in 1,000,000 for each of those 100 spins, thus not making the odds 100 in 1,000,000.
There is something to be said on jackpots growing as to whether you should play them or not. I think Ed said that at a certain point the size of the win could get you the maximum payoff, but this is pure luck still.
I would suggest reading the info near the bottom of the page here: http://www.casinolistings.com/jackpots
Hope that helps!
Yes, slim is right. There really is no "secret sauce" for winning a jackpot. Its all down to luck at the end of the day. I think the average person who wins one is just playing and happens to get lucky. It could be a high roller playing large bets or it could be a student who started with a few free spins, like the guy that won over €17 million on Mega Fortune a while back.
Everybody's Jackpot is an interesting one because as you say it is won very regularly, but the more interesting thing is that you can win some money when it goes off without actually winning it yourself. 30% of the jackpot is set aside for players that played the game in the 24 hours before it was won, and the amount you get depends on the amount you wagered in total during that time. So Playtech has basically come up with a unique way of encouraging people to play regularly.
However don't mistake a jackpot being won regularly as meaning it is necessarily easier to win. It might well be, but unless you know the total number of players who are playing the game and the amount of money being wagered all the time, you can't really know for sure. Looking at Everybody's Jackpot and the slope of the graphs, you can see that the jackpot rises very quickly, which implies that there are a load of people playing the game every day.
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Hello! sorry late reply! been away and busy with christmas etc! Hope you had a good christmas and a massive happy new year to all and hope 2015 brings you all the luck in the world and many winnings!!.
I just thought some people would be betting max bet or something to win the jackpot!. Which is crazy! some max bets are £10 + or 100's + . I thought if you bet a £1 you are entitled to play for the jackpot?! but some games say you need to play max bet to be in with a chance to win the jackpot!.
It is interesting!, But i have been keeping and eye on it over the last 3 weeks and it does go off when it reaches 200,000 + mark, Hopefully in the new year il be able to play it properly and give it a go!
Brings me to another question!. When playing slots or any game, If it is paying out well, Do you stick with it? or does games pay out well for a curtain amount of time then stop paying out?,
Ive played games and they do pay out but once uve had a nice win say £100 + they seem to stop paying out so i assume that the game has to make up what it has payed out?
Thanks for all the replies and thank you all for replying to my posts!!
No problems I hope you had a good one!
The max bet rule depends on the game. You are right that many jackpots require it, which can put it out of reach of most people unless you're willing to risk losing a small bankroll very quickly. However most of the newer jackpots that we see released these days allow all bet sizes to win. Some of them scale the jackpot with bet size, so the more you bet the more you can potentially win. Others like Mega Fortune don't scale the jackpot so everyone can win the same amount, but if you bet more you have a proportionally bigger chance of winning it. For example if a jackpot was a 1 in 10 million shot on a £1 bet it might be a 1 in a million shot with a £10 bet.
What to do with a hot or cold game is an age old question. In the vast majority of cases when you are playing online, you are playing a completely random game that has no memory. What that means is that you have an equal chance of winning on every spin and any winning or losing streaks are complete chance and only appear to be that way due to your own experience. You aren't more likely to win if the machine is cold or hot or the reverse.
Now there is always an exception. Some games are what are called AWP machines. AWP = average weighted payout. Physical fruit machines that you'll find in the UK are often AWP games. What happens with them is that they have a payout rate that they must meet and if the game is well under that payout rate, it can go into a mode where it will try to even things up by giving the player a hot streak where they win loads in a short time. There are guys that specialise in sharking these games in the UK. They will wait around and watch other people play and lose until they recognise that the game is going to pay out, then jump on and play at the right time after the losing player leaves. Microgaming has a few AWP games online, but they are useless for that sort of thing because you can't watch anybody else play and take over their game when the time is right, and of course every person playing online is effectively playing on their own private machine. So the point is, there are games that are designed to be streaky, but there are very few that you can play online, and even if you can find one there is no real advantage to be gained from playing them over a truly random game.
Thank you CL-ED sorry i have taken a long time to reply Ive been on and off and busy with new year and work, I. Hope you all a good christmas and new year!!!! .
It would defo put me out of reach, The max amount id bet is hmm £2. Sometimes i do put £4 but only for a few spins. but mainly i bet £1 generally, I am saving some money for a good bash at a jackpot i want to experience the excitement and thrill of chasing one, Coral have just put a offer out if you bet £50 on gladiator or monty pythons spamalot holy grail you can get £250 cash back, I think that is the case, Ive not read full T&C yet but i will do over the next few days!!! before i do anyting. So the more you bet your chances increase then?. The people who do actually win these jackpots must be betting a LOT. mega fortune dreams was won at 3.2million in the last 3 days i think! bonkers!, they must have been betting £50 + a spin?? surely? .
I found most games on Coral at the moment dont seem to payout, I seem to lose £20 on £1 bet rather quickly, I lose it with in around 30-45 minutes!, with only few pennies payed out, its a mad,
Never heard of AWP. so thank you for telling me this!. Exactly you dont know how many are playing or when they played!!. But at night in uk wont most people be in bed and not many playing online casino's so your best time is at night or early morning while everyone rushing to work or getting up? just a theory! i could be so dam wrong!. but if no body is playing them then maybe the games payout a bit more? again trying to be smart with sharking haha! never a win tho i bet!.
I cant believe that! sharking these games in your local, Its clever mind because i bet they win a fair bit. its good they cant really do it online tho because it makes it a fair experience!. And for us genuine players.
Thanks CL-ED for replying!
TBH £1 bets with only a £20 deposit is quite large. That is 5% of you whole deposit on every spin, so you're going to bust out quickly quite often if you play that way. And then sometimes you will have a good sized win. So its important that if you're going to play that way that you make sure you withdraw when you win.
If you want more playtime then you need to reduce your bet size as a percentage of your deposit. So go down to say 20p spins if your budget is £20. You will play for longer and get more spins in, but of course you won't win quite as much if you hit a big one. Its all a trade-off.
So if i wish to win big should i increase my wagering amounts and i can increase my betting capital if i needed too! I kept some back for this purpose, its mainly booze money and i dont drink much tbf, Id rather do casino's then drink! I find playing online gambling quite exciting and a more enjoyable experience!.
I can also reduce the bet down to 20p, I tend to bet 20-50p to start with to see how warm the game is!, but i got a question!, If the game is cold is it very unlikely to win the jackpot or is it better to play the game when it is warm and do i stand a better chance of getting bonuses and winning the jackpot when the game is warm?
Ignoring what I said about the AWP machines above, because almost none of the game you will play online are like that, there is no such thing as a hot or cold game. It might feel that way while you are playing it, but the reality is that every spin is independent of the previous ones.
If you took away all the reels and symbols and paylines etc, you're basically doing a mini lottery with every spin. If the number you get is a winner when you hit the spin button, the machine shows you a winning line of symbols and pays you a prize. If not, it shows you a losing combination. There is some very complicated mathematics behind arranging the symbols and the reels right to make the games play the way they do. The reason it is done like that is that it would be very boring sitting at a machine that just displayed a number after every spin and told you whether you won a prize.
So it doesn't matter if you just had 10 spins in a row where it paid nothing, or the reverse and you won every time. Each spin is a new spin and its down to pure luck whether you win or not.
Different games have different maths behind them though, so they can play and feel very different. For example some games may pay you a lot of small wins frequently and are known as low variance. Others may kill you for a long time then suddenly pay you a huge win, these are called high variance. Different people prefer different style games, so there is something for everyone to choose from.
jackpot - this is reality or fantasy? Unfortunately, the majority of players lose more money than you win. they are trying to disrupt the jackpot, but spend a lot of money. in general - is the risk
I really wish i knew. But reading these posts has opened my eyes to some different perspectives
cheers for the replies guys!
Jackpots do take a lot of money to win i would think, but it is not impossible as jackpots seem to be won daily!. IT just i cant see how much you have to wager to be a potential winner, Some jackpots say £5 + per bet, or more!, It is a tad confusing but once you know how much to wager i guess you can budget for it, or know that it is not for you!
Me personally like the thrill of the chase!. But also what casino to pick for playing jackpots!, Ive never seen a jackpot winner on coral ?. but mainly on other casino's. Il look some up and post casinos where jackpots have been won!. Party casino has jackpots but you dont have to wager a min or max bet to be eligible for the jackpot, And i've read jackpots have been won on that casino!.
1 member gave thanks for this useful post: CL-Ed
That is a good point that you raise Adam. Perhaps we can go through our database and enter how much you have to wager on each game to qualify to win the jackpot, and display it on each jackpot page. I'll add it to our todo list.
Many of the newer jackpots are allowing anyone to win, even at the smaller bet sizes. The way they do this to make it all fair is that they either scale your chance pf winning in proportion to your bet size, or they adjust the jackpot size so that you only win the full amount if you bet max, but you can win a percentage of the jackpot if you bet a lower amount.
I dont know how you would find out how much you have to wager?, If i can help in anyway please let me know!.
That does seem fair!. Which jackpots are new?. Sorry for all the questions!. Im still finding my feet at this online casino and getting up to date with casinos, games and jackpots !.
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