Major Millions multi currency

[Sodax77]

Ok Major Million Jackpot is now over 1,017,000.00 every currency, when i write that.

But same every currency?
Yes
www.jackpotmadness.com

so (i.e 1,000,000.00 credit)
1,000,000.00 = $1,769,429.68 (pound-dollar)
1,000,000.00 = ?1,472,437.99 (pound-euro)
$1,000,000.00 = 565,139.38 (dollar-pound)
$1,000,000.00 = ?832,072.07 (dollar-euro)
?1,000,000.00 = 679,034.22 (euro-pound)
?1,000,000.00 = $1,201,795.30 (euro-dollar)
(2004.05.17) 22:30 - 23:00 GMT
www.xe.com

Let say that jackpot is 1,000,000.00 credit, and winner want convert that to euro currency

So because everyone can open pound account,
and if someone win 1,000,000.00 (pound), it is ?1,472,437.99 (euro)
But if someone win that in euro account it is ?1,000,000,00 (euro)
and if someone win that in dollar account it is ?832,072.07 (euro)

I have pound, dollar and euro accounts. Few pound account, because some n/d offer past. Dollar account, because some casinos add later euro and n/d offer past. And now i open only euro-account (if possible), own currency.

So if you win that jackpot your dollar account, that is ?832,072.07 (euro), But if you win that jackpot your pound account, that is ?1,472,437.99 (euro)
Big difference ?640,365.92 (euro)

And if you want to convert that jackpot (1,000,000.00) to dollar (i.e) US players, you can open pound account, and then it is $1,769,429.68 (dollar), difference is $769,429.68

Am i right?

Edit:
?=euro (alt gr + e not work, when you submit your post)

 

[jpm]

Well if you win it it pounds, you have to be wagering in pounds. Same with euros. So the risk/reward is pretty much the same in each currency. Now if you could hit the winning combo in dollars, but collect it in pounds, that would be cool! Ain't gonna happen though.

 

[Sodax77]

I agree, but if you want more fun with same money... try
Link Removed ( Old/Invalid)

1,000,000.00 (South Africa) Rand = $146,931.69 (dollar)
(Same progressive-system)

Max bet 3:
3.00 (South Africa) Rand = $0.440001 (dollar)
3.00 (pound) = $5.29721 (dollar)
?3.00 (euro) = $3.59602 (dollar)

And i never open any other account, but euro account. But there is still some casinos, who not offer different currency. Like some playtech casinos, Casino On Net, Slotland, etc. And then i open/use Dollar account.
And i have dollar account in Casino on net (I love that casino, but that is only currency what they offer), but Neteller is easy to deposit because you can usee and see your balance in 4 different currency.

 

[Sodax77]

but with Neteller it is easy to deposit because you can use and see your balance in 4 different currency.

edit: reason:
System not allow edit

 

[jpm]

Yeah, but if you're playing in rands, euros or pounds, that's what you will be paid in. You may be able to then convert the winning balance to dollars, but it will be at the exchange rate, not at the same amout.

If you win $1million, you can't say I'll take it in pounds and expect to get $1million pounds. You'd get the equivalent of $1million in pounds (less a percentage or 2 or 3 for the conversion) but not 1 million pounds. They're not going to give you something for nothing.

 

[Sodax77]

.Yeah, but if you're playing in rands, euros or pounds, that's what you will be paid in You may be able to then convert the winning balance to dollars, but it will be at the exchange rate, not at the same amout.

If you win $1million, you can't say I'll take it in pounds and expect to get $1million pounds. You'd get the equivalent of $1million in pounds (less a percentage or 2 or 3 for the conversion) but not 1 million pounds. They're not going to give you something for nothing.

Yes no problem, i understand that. And always know it. And btw, if you open account in any currency, you can't change it anymore (based last year chat-session with one casino, after they add euros). Even it is zero balance. Even never deposit made, but you have real account. Your account is always that currency what you choose, and of course your winnings paid that same currency.

My point:
Ok, maybe this global-thing change everything, but i think that MG can use some non-currency-system (or based i.e. dollars), so jackpot is "same" to everyone

like, current jackpot is:
$1,000,000.00 (dollar)
?832,072.07 (euro)
565,139.38 (pound)

But then you find one problem, that "max bet" have to based non-currency (or ie. dollars) only. Because to pound player it cost $5.29721 (dollar) and Rand players only $0.440001 (dollar) per "bet max" spin (if bet max is 3 credit). So i think that is reason, why MG use same progressive-system to every currency.

Edit/Note
And thats why, i.e land based casinos and online casinos can't build global jackpot network (easily), because this "bet max" cost everyday different. Yes, they can convert (in realtime) that jackpot amount (global network), but there is other winnings too in paytable... so every winnings have to convert in realtime. Even that one cherry, what you get

 

[Sodax77]

I agree, but if you want more fun with same money... try
Link Removed ( Old/Invalid)

1,000,000.00 (South Africa) Rand = $146,931.69 (dollar)
(Same progressive-system)

So if some Rand-account owner hit (i.e) 1,000,000.00 jackpot,
what is $146,931.69 (dollar) (!!!)

Jackpot drop to 250,000.00 every currency!!!
Dollar, Euro, Pound and Rand (is there more currency in MG?).
And if dollar-account owner hit that 250,000.00 after Rand-account winner, he/she actually get over $100,000.00 more, because every currency is connected that same amount/number.

Great system, btw this is part of Cinema casino winners pop up:

"Major Millions
Katharine D $ 250,028.60 04 Apr 2004
Johnlon F $ 489,649.85 04 Apr 2004
Andreas F $ 841,529.63 09 Mar 2004

But let's go to euro page..

Major Millions
Katharine D ? 250,028.60 04 Apr 2004
Johnlon F ? 489,649.85 04 Apr 2004
Andreas F ? 841,529.63 09 Mar 2004

or pound page...

Major Millions
Katharine D 250,028.60 04 Apr 2004
Johnlon F 489,649.85 04 Apr 2004
Andreas F 841,529.63 09 Mar 2004"

So, tell me, what Katharine D won, 04 Apr 2004?
Pound, Euro, or Dollar?
(of course you find that info from jackpotmadness, etc, but with this pop up facts...)

?=euro

I pick cinema, because i like that casino (and many VPL casinos)

 

[spearmaster]

Jackpot drop to 250,000.00 every currency!!!

Not correct. If you hit the jackpot in rand, the jackpot drops by the equivalent amount in pounds. Therefore, a one million jackpot, if hit in rand, starts the next jackpot at roughly 900,000.

My jackpots history confirms this to be true - the trouble is, we never know which currency a jackpot was actually hit in, even on Jackpot Madness.

Actually, come to think of it, my "history" should be able to be used to retroactively identify the currency that was used when the jackpot was hit... I must look at doing something like that to report "true" payouts...

 

[spearmaster]

Interesting observation about Katharine's win, however... because the jackpot had just been reset, my scripts ignored Katharine's win as likely due to a hiccup LOL.

Guess I'll have to keep a closer eye on jackpots... LOL...

 

[Sodax77]

Good to know, and thanks for replies.

But i continue, because i search, and search and search, and Finally i found something.

This is from Jackpot Madness,
LOTSALOOT JACKPOT WINNERS:
Fay B, $ 33,535.05, Spin Palace, 21 Jan 2004

Ok, but this is from Spin Palace Casino:
Fay B., UK 18,196 ,Progressive Jackpot win at
Lots-a-Loots Slots Jan 21, 04

So they convert winnings to dollars, in Jackpot Madness site.
But that Cinema Casino pop up say exactly same thing in all currencies, and after exploring, it is not only site. (choose currency, click winners, in Cinema site, and wait pop up) All three pop up are identical, only different currency.
Btw, jackpot Madness site tell, that
Katharine D, $ 250,028.60, The River Belle, 04 Apr 2004


So these are not true:
Katharine D ? 250,028.60 04 Apr 2004 (euro)
Katharine D 250,028.60 04 Apr 2004
or is it? Maybe they convert already... omg...



lol

 

[jpm]

I understand now Sodax, very interesting. Looks like there could be a little puffery going on with these jackpot wins, depending on what currency you play. You login as a euro player and see that someone won 250,000 euros, but they actually won in rands. BIG difference! I wonder if that kind of information really encourages anyone to play that game though.

 

[Sodax77]

I understand now Sodax, very interesting...

lol
1. I think too much
2. Sometimes i act like manic
3. Sometimes i have too many "points"
4. My messy english

 

[jpm]

lol, you're english is not bad at all. Better than many in this country!

 

[Sodax77]

What did i say! I bet winner have euro account

-----

result:
Old / Expired Link

MajorMillions
Jackpot
$1,453,590.34, May 31, 2004

-----

result:
Link Removed ( Old/Invalid)

Joaquim M $ 1,779,827.44, Jackpot City, 01 Jun 2004

-----

Convert here www.xe.com

 

[spearmaster]

LOL...

The Awesome Jackpots number is the one put out by the Jackpot Madness servers when it is live - and extrapolated, but the figure is US dollars.

The Jackpot Madness one takes that figure and multiplies/divides it by the currency of play.

So, the jackpot was worth over $1.7 million dollars... but the more accurate figure is the Awesome Jackpots one Go figure...

I will contact Microgaming about this as it is bound to create a lot of confusion... can we call the new winner the biggest ever winner, or doesn't it count because he happened to be playing in Euros?

 

[Sodax77]

I agree (part of)

Meanwhile i can say one thing:
Truth: When Joaquim M. hit Major Millions Jackpot,
he won 1,453,590.34 CREDITS to his account (without currency symbol).
Microgaming casinos does not show your balance or progressive amount with currency symbol, in game or lobby (only in banking page, etc).

Maybe next winner is Rand-account owner

new link:
Link Removed ( Old/Invalid)

 

[Sodax77]

(few edit to quote)
Cinema casino "winners"-page, pop up (different currency):

Dollar-page
"Major Millions
Katharine D $ 250,028.60 04 Apr 2004
Johnlon F $ 489,649.85 04 Apr 2004
Andreas F $ 841,529.63 09 Mar 2004

Euro-page
Major Millions
Katharine D Euro 250,028.60 04 Apr 2004
Johnlon F Euro 489,649.85 04 Apr 2004
Andreas F Euro 841,529.63 09 Mar 2004

Pound-page
Major Millions
Katharine D 250,028.60 04 Apr 2004
Johnlon F 489,649.85 04 Apr 2004
Andreas F 841,529.63 09 Mar 2004"

Yesterday i sent letter about these 3 identical pop up (only different currency)
And i got letter, here is (part of) their answer:
-------
...Thank you for your email. At your request we logged a call with MicroGaming to
investigate this matter and, they have not as yet responded, however we will
advise you as soon as they do. We do apologize for any inconvenience caused,
however we will rectify the matter as soon as possible. We thank you in advance
for your patience and understanding on this matter..."
------

I really like VPL casinos and their support, they always answer (asap).

Here is one more:
About week ago, i sent letter about their own promotion "mistake" and i got nice letter, and i like this:
"Importance: High"

And here is (part of) their answer:
------
"...We do appreciate you pointing this out to us so that we may correct the information accordingly. We will notify you as soon as we have corrected all the information..."
------

So now is Microgaming's turn

 

[jpm]

It was hit at jackpot city, so I think it was in $$. I don't think they offer euros there, but I'm pretty sure they have pound players so maybe they do offer euros.

 

[Sodax77]

It was hit at jackpot city, so I think it was in $$. I don't think they offer euros there, but I'm pretty sure they have pound players so maybe they do offer euros.

Go this page, and tell me what you see

You do not have permission to view link Log in or register now.

Wait, until page is ready...

 

[jpm]

Yup, the popup says it was won in Euros. Nice jackpot then, probably the biggest in internet history so far when you convert it to $$ on the day of the win.

 

[Sodax77]

yes, it is world largest online jackpot ever, but in euros (but after convert, in dollars also)

But, because Jackpot Madness publish every wins only in $dollar$ amount, like this (my past reply):

Jackpot Madness,
LOTSALOOT JACKPOT WINNERS:
Fay B, $ 33,535.05, Spin Palace, 21 Jan 2004

Spin Palace Casino:
Fay B., UK 18,196 ,Progressive Jackpot win at
Lots-a-Loots Slots Jan 21, 04
---

Then this is true (from Jackpotmadness):
$1,683,526.64 won by Jim L. on Major Millions
The World's Largest Online Jackpot

July 19, 2003 - Curacao

Jackpot Madness has again beaten its own record of awarding the World's Largest Ever Online Jackpot..."

---
But also this is true (from Jackpot Madness):
"Joaquim M $ 1,779,827.44"
---
And also this is true (from Jackpot city casino):
"Joaquim M Euro 1,453,610.18"

So all these are true, biggest Dollar-account winner is Jim L.,
and biggest Euro-account winner is Joaquim M

And to got2bet contest, we can say that right answer is $0,00, or can we? lmao

 

[Sodax77]

After VPL contact to Microgaming, here is their (MG) answer (part of):

"...from MicroGaming.

The Progressives are paid out in the currency that it is won depending on what
the player won. It is set to the highest currency being Pounds. If it was won
in this currency, then it is reset to the minimum of 250 000. Otherwise the
payout is calculated in the currency won and the jackpot is reset at the
difference of the 250 000 and the value in Pounds that it was set at.
For example the last jackpot was immediately reset at over 500 000.

So in other words, the player will be paid out in the currency that he wins. If
the amount shown on the meter is 500,000.00 credits and the player is playing is
Euros, he will receive EUR500,000.00 as the winning amount.

The coin sizes are the same with all currencies i.e. $3 = (3 x 1) credits = EUR3
= 3.
It is the same with 25 cent credits, the are the same with all currencies..."