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Millionaires Club jackpot meter

Discussion in 'Online Casinos' started by gfkostas, Apr 6, 2006.

    Apr 6, 2006
  1. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Millionaires Club slot machine jackpot currently stands at a staggering £1.99 million pounds:eek2: :eek2: .

    Amazing......

    I wanna hit it!:rolleyes:
     
    Last edited: Apr 6, 2006
  2. Apr 6, 2006
  3. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    Pah... Is that all!??

    I'm waiting for at LEAST two million quid before it's worth it for me :rolleyes:


    That's amazing! I hope it's someone on here that nabs it!!!!!
     
  4. Apr 6, 2006
  5. GrandMaster

    GrandMaster Ueber Meister CAG

    Occupation:
    Mathematician by day, online gambler by night.
    Location:
    UK
    It's it at £2,020,308, so you can start feeding it. :)
     
  6. Apr 7, 2006
  7. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    Gm what are the chances to hit the jackpot?
     
  8. Apr 7, 2006
  9. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Probability

    The probability of hitting the jackpot id the same irrespective of the value. The expected value of playing for the jackpot under these circumstances is a different matter. Even though the expected value of a progressive can be in the players favour, the risk is very big, as the chance of being the player that actually hits it depends upon who else is trying, and the higher the jackpot, the more players will be trying.

    This is a recipe for disaster unless you have a large bankroll and can afford to be in it for the very long term (several attempts at a progressive to extract the value).
     
  10. Apr 7, 2006
  11. soflat

    soflat Senior Member

    Occupation:
    Scientist
    Location:
    Florida
    Yeah, but what is the probability of hitting it?
     
  12. Apr 7, 2006
  13. siilix

    siilix Experienced Member

    Occupation:
    HR
    Location:
    the land of despair and darkness
    Yesterday I played in Intercasino for the monthly match bonus, I got the bonus round in Millionaire Club at first spin.
    I had almost heart attack, because it almost hit the centrum, but in the end I won "only" 100$:D
     
  14. Apr 7, 2006
  15. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Hard to calculate

    Probably hard to calculate, unlike the MG 5 reel progressives, as the Jackpot is part of the bonus round, and the bonus round is undoubtedly weighted.
     
  16. Apr 7, 2006
  17. mr_adamski

    mr_adamski Dormant account

    Occupation:
    Software Engineer
    Location:
    Sweden
    Couple of days ago playing in I got down to the last circle 5 times. Ended up with 2x100, 2x80 and 1x60. Never close hitting the last arrow though. It made me think that it's "easy" to get to the last spin but hitting the last arrow is a lot harder.
     
  18. Apr 7, 2006
  19. Jhadur

    Jhadur Dormant account

    Occupation:
    Dosser
    Location:
    Englandish
    I played the monthly on both UK and US sites on this slot must of had the bonus up about 25 times in total. Didn't get past the first circle once :(
     
  20. Apr 11, 2006
  21. actyper

    actyper Dormant account

    Location:
    Toronto
    oh ok, I thought I was just getting lucky/unlucky. Hit the last circle 3 times my last couple of sessions. My 1st time was arrow -> arrow --> almost arrow. :D
     
  22. Apr 14, 2006
  23. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    2 million :D Nice. Now what the largest ever - wasnt it that Playtech one last year...was that 2.1 million - or was it won in $. Damn my memory.
     
  24. Apr 15, 2006
  25. gfkostas

    gfkostas Ex-Bonus Whore

    Occupation:
    IT
    Location:
    UK
    What happens if the jackpot reaches 10million? will they let it increase till someone wins it?
     
  26. Apr 16, 2006
  27. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    I hope that one day it somehow becomes law that ALL casinos have to state the odds of hitting ALL combinations on ALL games - including slots.

    I don't know what the casinos are afraid of - I know the odds of winning the UK Lottery are over 14 million to 1, but I still play every week... :rolleyes:
     
    1 person likes this.
  28. Apr 16, 2006
  29. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    Although it won't happen, in theory yes. The way progressives work at Crypto is that the casinos, under their software licence have to pay a percentage called a "progressive contribution" into a central pot.

    At Microgaming for example, I think this can be up to 9% of income if the casino has all the progressive games onboard (on top of the 22% or something silly MG take for the licence!!). I'm only going on casual conversations with people in the industry, so i could be corrected.

    This keeps building and when a progressive hits, Crypto pay the casino the money to pay to the lucky punter.
     
    Last edited: Apr 16, 2006

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