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Progressive Jackpots only for Scandinavians?

Discussion in 'Slots Discussion' started by stokes, Mar 16, 2015.

    Mar 16, 2015
  1. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    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:p
     
  2. Mar 16, 2015
  3. Finn

    Finn Senior Member MM

    Occupation:
    Engineer
    Location:
    Finland
    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 )
     
    13 people like this.
  4. Mar 16, 2015
  5. rainmaker

    rainmaker I'm not a penguin CAG webmeister

    Occupation:
    -
    Location:
    -
    .

    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.

    :D
     
    2 people like this.
  6. Mar 16, 2015
  7. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    How about these:

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    You must register/login in order to see the link.

    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.
     
    1 person likes this.
  8. Mar 16, 2015
  9. fun4all

    fun4all Senior Member

    Occupation:
    .
    Location:
    .
    You to need to have at least visited a Nordic country for a minimum of 2 weeks to stand a chance.
     
    2 people like this.
  10. Mar 16, 2015
  11. Birdy84

    Birdy84 Experienced Member MM PABnonaccred

    Occupation:
    carer
    Location:
    United Kingdom
    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!
     
    2 people like this.
  12. Mar 17, 2015
  13. spoton

    spoton Senior Member webmeister

    Occupation:
    Student
    Location:
    Right behind you
    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 :)
     
    3 people like this.
  14. Mar 17, 2015
  15. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    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.
     
  16. Mar 17, 2015
  17. Tirilej

    Tirilej Still a Lady CAG

    Occupation:
    Breathing
    Location:
    Sweden
    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.
     
  18. Mar 17, 2015
  19. pokerbishop1

    pokerbishop1 Dormant account

    Occupation:
    Affiliate
    Location:
    Europe
    They could try in Sweden and Norway, You must register/login in order to see the link. those countries are also fun.
     
  20. Mar 17, 2015
  21. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    I just checked their latest financial report of NetEnt:
    You must register/login in order to see the link.

    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.
     
  22. Mar 17, 2015
  23. Tirilej

    Tirilej Still a Lady CAG

    Occupation:
    Breathing
    Location:
    Sweden
    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.
     
  24. Mar 17, 2015
  25. Finn

    Finn Senior Member MM

    Occupation:
    Engineer
    Location:
    Finland
    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.
     
  26. Mar 17, 2015
  27. BosjeR

    BosjeR Full Member

    Location:
    Sweden
    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.
     
    1 person likes this.
  28. Mar 17, 2015
  29. catapultaudio

    catapultaudio Senior Member

    Occupation:
    Computer Programmer
    Location:
    Leeds, UK
    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 :)
     
  30. Mar 17, 2015
  31. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    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 must register/login in order to see the link. 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.
     
  32. Mar 17, 2015
  33. Nate

    Nate Ueber Meister CAG webmeister

    Occupation:
    Monster
    Location:
    Cyberspace
    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? :thumbsup:

    Nate
     
  34. Mar 17, 2015
  35. Matti

    Matti Senior Member MM

    Occupation:
    Business Development Tech
    Location:
    Sweden


    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:
     
  36. Mar 17, 2015
  37. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    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.
     
  38. Mar 17, 2015
  39. stokes

    stokes Experienced Greenhorn

    Occupation:
    Engineer
    Location:
    Springfield
    Redbet is a fine example. Only Euro as you said.
    No progressive jackpot win (or not listed?) according to their website: You must register/login in order to see the 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"
    You must register/login in order to see the link.
     

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