Progressive Jackpots only for Scandinavians?

[stokes]

I did not want to pollute the other thread with my scepticism, but...

Does anyone know the statistics about the jackpot winnings by citizens or better by currencies played?

I mean it is quite strange that all the news of the progressive jackpot winnings are about Scandinavians. I don't expect they would be luckier than others.
I think there is a serious problem how the currencies handled within progressive play. I guess the conversion ratio is not taken into account so their 8 krona will not worth 1 dollar as it should but it will be counted as 8 dollar when it comes to progressive games play.


Can I have my tin foil hat? XXL size please

 

[Finn]

2012 geographic regions' share of Betsson's profits from business-to-consumer related activities (includes casino, poker, sportsbook, etc, everything except profits from licensing stuff to other casinos)

81.5% Nordic Countries
16.9% EU, outside of Nordic Region
0.5% Rest of Europe
1.2% Rest of the World

So the pattern of most of Netent jackpots going to Nordic Countries, and occasionally to EU countries outside of Nordic Region, usually Great Britain or Netherlands, and never to any country outside of EU+Norway, that pattern is pretty logical considering these numbers.

Betsson has 18 language options, they are probably the most internationally* oriented NetEnt casino out there, yet they make over 80% of their profits from Nordic countries. There are plenty of NetEnt casinos that offer services only in 4 languages, English and 3 languages of Nordic countries, Norwegian, Swedish and Finnish, some casinos offer services only in 1 language of 1 Nordic country, so many of them make well over 90% or even 100% of their profits from Nordic countries, so no wonder that's where the jackpots go where the NetEnt progressives are played the most.

NetEnt jackpots go to Nordic countries most of time because they make up like 85% of NetEnt customers. Also British and Dutch each have won several NetEnt progressives, after Nordic countries, those countries are the countries where NetEnt is played the most, so this isn't that surprising. Also 1 NetEnt progressive jackpot has gone to Belgium and 1 NetEnt progressive jackpot has gone to Portugal.

*(though now in early 2015 they have stopped apparently accepting UK customers and try to concentrate them on some of the more UK-oriented casinos they own, but this isn't really relevant for 2012 statistics )

 

[rainmaker]

.

How about the the North Sea Cod fisherman from Aberdeenshire who won a £5.4 million Hall of Gods jackpot at BetVictor.

...or the 44 year old Dutch player who first won a €3.3 million Arabian Nights jackpot before hitting a €3.7 million Mega Fortune jackpot a few months later at CasinoEuro.

 

[stokes]

.

How about the the North Sea Cod fisherman from Aberdeenshire who won a £5.4 million Hall of Gods jackpot at BetVictor.

...or the 44 year old Dutch player who first won a €3.3 million Arabian Nights jackpot before hitting a €3.7 million Mega Fortune jackpot a few months later at CasinoEuro.

How about these:

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TBH, I have only found Scandinavian (mostly Swedish) players in the news of Netent site winning the jackpot.

This also from Netent site:

NetEnt’s market share of the European online casino market, in 2013, was approximately 31%, which is a 4% increase on 27% in 2012.

Sorry, but I don't buy that around 20 million market should won more than the rest of Europe or even the World.

 

[fun4all]

You to need to have at least visited a Nordic country for a minimum of 2 weeks to stand a chance.

 

[Birdy84]

Funny i was thinking about this earlier today, you see so many jp winners and "big win" from general play from these places, but just before i finished crafting my tin foil hat it occured to me that should they have a much larger playerbase from these countries then the higer occurance of big winners makes sense. So some people are just lucky and in the right place at the right time i guess!

 

[spoton]

It might be a pattern here. So to give you some chance of getting the jackpot you can send me the money you are planning to spend on the jackpot slots each month, and I'll go 30%/70% or so with you if I win

 

[stokes]

Funny i was thinking about this earlier today, you see so many jp winners and "big win" from general play from these places, but just before i finished crafting my tin foil hat it occured to me that should they have a much larger playerbase from these countries then the higer occurance of big winners makes sense. So some people are just lucky and in the right place at the right time i guess!

I know, I am flogging a dead horse here, but...

Maybe I am not too good at mathematics.
NetEnt’s market share of the European online casino market, in 2013, was approximately 31%. For me that means (roughly) that from all online players in Europe 31% chose to play at NetEnt casino. If we compare the population of Europe and Scandinavia we can see that Scandinavia has about 4% of Europe's population (EU population is 500 million vs Scandinavia 20 million).

It is hard to believe that 4% would be responsible for the majority of 31% market share so it is even harder to believe the jackpot winning rate is like 5:1 (at least) favor to Scandinavia.

 

[Tirilej]

I know, I am flogging a dead horse here, but...

Maybe I am not too good at mathematics.
NetEnt’s market share of the European online casino market, in 2013, was approximately 31%. For me that means (roughly) that from all online players in Europe 31% chose to play at NetEnt casino. If we compare the population of Europe and Scandinavia we can see that Scandinavia has about 4% of Europe's population (EU population is 500 million vs Scandinavia 20 million).

It is hard to believe that 4% would be responsible for the majority of 31% market share so it is even harder to believe the jackpot winning rate is like 5:1 (at least) favor to Scandinavia.

Still most of their players are from Scandinavia wether you believe it or not.
We almost don't play anything else up here.

I think it will change and they will grow bigger outside, but they still aren't there yet.

 

[pokerbishop1]

You to need to have at least visited a Nordic country for a minimum of 2 weeks to stand a chance.

They could try in Sweden and Norway,

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those countries are also fun.

 

[stokes]

Still most of their players are from Scandinavia wether you believe it or not.
We almost don't play anything else up here.

I think it will change and they will grow bigger outside, but they still aren't there yet.

I just checked their latest financial report of NetEnt:

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The majority of revenues are invoiced in euros, but also in British pounds and US dollars.

For me this means they have more customers in other region than in Scandinavia.

 

[Tirilej]

I just checked their latest financial report of NetEnt:

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The majority of revenues are invoiced in euros, but also in British pounds and US dollars.

For me this means they have more customers in other region than in Scandinavia.

Redbet is a Swedish company that only have € as a currency.
That was just one example.
I play in usd or Euro, never in sek.

Rainmaker, where are you? Give him some real statistic.

 

[Finn]

I just checked their latest financial report of NetEnt:

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The majority of revenues are invoiced in euros, but also in British pounds and US dollars.

For me this means they have more customers in other region than in Scandinavia.

Americans are not even allowed to play NetEnt, yet some casinos take their invoices in US dollars, so that really doesn't tell much where from the players come. Only NetEnt casino targeting Nordic markets that actually is based in any of Nordic countries jurisdiction, not Malta, is Paf based in the Ålands, autonomous region of Finland and Åland's just like Finland's currency is euros, there is not a single NetEnt casino based in jurisdictions that use Swedish or Norwegian kronor.

 

[BosjeR]

I know, I am flogging a dead horse here, but...

Maybe I am not too good at mathematics.
NetEnt’s market share of the European online casino market, in 2013, was approximately 31%. For me that means (roughly) that from all online players in Europe 31% chose to play at NetEnt casino. If we compare the population of Europe and Scandinavia we can see that Scandinavia has about 4% of Europe's population (EU population is 500 million vs Scandinavia 20 million).

It is hard to believe that 4% would be responsible for the majority of 31% market share so it is even harder to believe the jackpot winning rate is like 5:1 (at least) favor to Scandinavia.

Your logic is flawed. Look at it this way (simplified):

1) NetEnt's casino market share in the Nordic region is 85%
2) NetEnt's casino market share in the UK is 10%
3) NetEnt's casino market share the rest of Europe is (whatever)

The UK market is bigger than Nordics, meaning NetEnt's market share of the European (UK + Nordic + (whatever)) = 31%

(numbers used are in the range of being correct, but not 100% correct)

Playtech is the dominant casino supplier in the UK market.

 

[catapultaudio]

I don't know about Netent but certainly on microgaming the jackpots are paid in the currency you choose to play in, which would indeed make a currency which has 8 to 1£€$ more likely to trigger a jackpot, but the amount won in real terms would be 1/8th as well to in real terms. This is how I have understood the discussions here at Cm in the past so if I have this wrong please do correct me

 

[stokes]

Your logic is flawed. Look at it this way (simplified):

1) NetEnt's casino market share in the Nordic region is 85%
2) NetEnt's casino market share in the UK is 10%
3) NetEnt's casino market share the rest of Europe is (whatever)

The UK market is bigger than Nordics, meaning NetEnt's market share of the European (UK + Nordic + (whatever)) = 31%

(numbers used are in the range of being correct, but not 100% correct)

Playtech is the dominant casino supplier in the UK market.

Hmm. Let's calculate:

1) NetEnt's casino market share in the Nordic region is 85% That is 17 million people (calculating with the whole population of Scandinavia)
2) NetEnt's casino market share in the UK is 10% That is 6.4 million people (calculating with 64 million populatrion)

The ratio is 17:6.4 about 2.5. So every 2nd or 3rd jackpot winner should be from the UK.
Mind you, this is only UK, the rest of Europe (including Germany) must be much bigger.

This is an example from Unibet group which can be compared to Betsson (

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page 12):

Share of total %
Nordics 49%
Western Europe 40%
Central, Eastern and Southern Europe 8%

I would not "complain" if the progressive jackpot winning ratio would be 1:1 between Scandinavia and the rest of the world, but it is clearly not. As I mentioned earlier I have not found any other jackpot winner in the news at NetEnt site than Scandinavian.

 

[Nate]

Have you taken into consideration what markets prefer which slots?

I know for a fact I play LESS Mega Fortune and HOG's than most players. Different markets like different slots. There could be 6 million UK players and 17 Million Scandinavian players but how many from those populations actually play progressive slots?

Nate

 

[Matti]

Hmm. Let's calculate:

1) NetEnt's casino market share in the Nordic region is 85% That is 17 million people (calculating with the whole population of Scandinavia
2) NetEnt's casino market share in the UK is 10% That is 6.4 million people (calculating with 64 million populatrion)

The ratio is 17:6.4 about 2.5. So every 2nd or 3rd jackpot winner should be from the UK.
Mind you, this is only UK, the rest of Europe (including Germany) must be much bigger.

This is an example from Unibet group which can be compared to Betsson (

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

page 12):

Share of total %
Nordics 49%
Western Europe 40%
Central, Eastern and Southern Europe 8%

I would not "complain" if the progressive jackpot winning ratio would be 1:1 between Scandinavia and the rest of the world, but it is clearly not. As I mentioned earlier I have not found any other jackpot winner in the news at NetEnt site than Scandinavian.

Just for the record. The Nordics consist of

Sweden 9,8
Denmark 5,6
Finland 5,4
Norway 5,0

Total 25,8 million

Changes the numbers a little.

But the reason might just be that people from the Nordics are a little bit more lucky than Poms :yahoo:

 

[stokes]

Just for the record. The Nordics consist of

Sweden 9,8
Denmark 5,6
Finland 5,4
Norway 5,0

Total 25,8 million

Changes the numbers a little.

But the reason might just be that people from the Nordics are a little bit more lucky than Poms :yahoo:

I was constantly talking about Scandinavia, but I should I have mentioned only Sweden and Norway who are not part of the Euro zone having their own currencies. I am not quite sure if it is allowed to play in other currency when your own currency is supported.

 

[stokes]

Redbet is a Swedish company that only have € as a currency.

Redbet is a fine example. Only Euro as you said.
No progressive jackpot win (or not listed?) according to their website: Old / Expired Link

While PAF (Swedish or Finnish company) holds the world record of progressive jackpots not one but two, even though as they claim "Paf may be a small gaming company"
Old / Expired Link

 

[Tirilej]

I was constantly talking about Scandinavia, but I should I have mentioned only Sweden and Norway who are not part of the Euro zone having their own currencies. I am not quite sure if it is allowed to play in other currency when your own currency is supported.

We are in there but we choosed to keep our own currencie, and yes I'm allowed to play in other currencies.
I have to be since I've never played in sek

I don't care really about Jackpots. I've never played those games more than with free spins. It seems though as if Scandinavians are those who play those games the most, just as Nate suggested.
Also people in uk play so many other software while we here play mostly NetEnts.
For me it's clear but I wished someone who knew and had the numbers would post.

 

[stokes]

We are in there but we choosed to keep our own currencie, and yes I'm allowed to play in other currencies.
I have to be since I've never played in sek

I think you are in the EU, but not in the Eurozone.

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[Tirilej]

I think you are in the EU, but not in the Eurozone.

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Does it matter? We can choose whatever currency we want, and so can them from Norway do.
All casinos don't offer our currencies either.
Even if we win using sek I believe they are posting the amount in Euro for the public so people will understand it.

I know nothing about this. I'm just talking as usual

 

[Finn]

Redbet is a fine example. Only Euro as you said.
No progressive jackpot win (or not listed?) according to their website: Old / Expired Link

While PAF (Swedish or Finnish company) holds the world record of progressive jackpots not one but two, even though as they claim "Paf may be a small gaming company"
Old / Expired Link

From it's early July 2014 release to early January 2015, Mega Fortune Dreams was only availabe at casinos of 3 casino groups, Betsson Malta Ltd, Unibet Group Plc and Paf Casino. How do you think Paf got in to this group of 3 that got the privilege to have Mega Fortune Dreams for 6 month before other casinos could acquire it? By being one of three biggest customers of NetEnt.

 

[Birdy84]

Stokes! a Norweigan player has just won 3m jp on mega fortune, the plot thickens