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Progressives and wagers?

Discussion in 'Online Casinos' started by schmooze, Aug 28, 2014.

    Aug 28, 2014
  1. schmooze

    schmooze Dormant account

    Occupation:
    retail
    Location:
    Aus
    Am sure this has been asked before... so apologies in advance if so.

    So say microgaming progressives? Would betting the min amount affect the odds of winning any big jackpot like the major?

    I've found myself betting more because the major is huge at the moment.

    But does bet size make a difference to anything aside from free spins?
     
  2. Aug 28, 2014
  3. quber

    quber Senior Member

    Occupation:
    spy
    Location:
    Europe
    Most progressives will give a better chance for a higher stake as that spin will be contributing more to the pot


    There are a few ways this could work but I don't know which way MG or anyone else does it:-

    When a jackpot is won the next payout amount is decided by an RNG which chooses an amount between two set points, whoever's contribution increases the progressive to that figure is awarded it. The more a player contributes the better the chance, if I contribute £1 and you contribute 1p then i have 100 chances to hit it compared to your 1 chance.

    This is usually used when a jackpot has to pay before a certain amount, I also have a feeling this is how RTG work, but it is only a feeling.


    Another way is for the RNG to choose a number for each reel and then choose one for entry to the jackpot wheel (for example in Mega Moolah), again each penny would give 1 chance of getting to the jackpot wheel, 25p gives 25 chances and £10 would give 1000 chances, Once you get to the wheel you are playing at the same odds as any one else you just have more chances of getting there.

    There are other ways of handling it but they would all be along similar lines to this.
     
  4. Aug 28, 2014
  5. schmooze

    schmooze Dormant account

    Occupation:
    retail
    Location:
    Aus
    That makes sense!!!
     
  6. Aug 28, 2014
  7. schmooze

    schmooze Dormant account

    Occupation:
    retail
    Location:
    Aus
    So essentially ... no matter the bet... 1p... 1c.... 6p ... etc etc
     
  8. Aug 28, 2014
  9. rshkrn

    rshkrn Senior Member

    Occupation:
    unemployed
    Location:
    Asia
    I'd say the bet matters!!!

    Imagine the traditional large lottery box where you put in folded paper with player names....a .10$ betting player gets one entry into the box and a 1$ gets 10, when the time comes to pick out an entry obviously the player with multiple entries has a larger probability of getting picked...

    am not sure tho whether all providers follow the same pattern....could be different....maybe the experts/reps on here could comment on that
     
  10. Aug 28, 2014
  11. schmooze

    schmooze Dormant account

    Occupation:
    retail
    Location:
    Aus
    thanks for reply.... I thought that.... bigger the bet etc etc... increase the odds?
     
  12. Aug 28, 2014
  13. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    AFAIK with Mega Moolah, betting higher means you are more likely to enter the Jackpot Wheel game, but once you are there, the chances of hitting any of the prizes is exactly the same regardless of your bet size.
    In other words, getting to the Wheel is pro-rata to your bet and therefore fair for all players whether betting minimum or maximum stakes.

    KK
     
    4 people like this.
  14. Aug 29, 2014
  15. ProbabilityZero

    ProbabilityZero Senior Member

    Occupation:
    Carer of Dementia sufferers
    Location:
    Onmybutt
    This all depends really. It's more a case that the culmulative amount wagered is what counts. You may bet £10 and I may bet £1 giving you ten tines greater chance per spin .. BUT .... If you bet 10 x £10 spins and I bet 100 £1 spins then at end of session our chance is equal so smaller bet sizes do not matter if more spins are made to balance out
     

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