Register here: http://gg.gg/vaslt
Odds of Ten Reds in a Row Anyone knows that odds for the same event to occur several consecutive times in a series of independent plays of a game are very low. This applies for any game of chance, including roulette. Roulette odds of consecutive red.on
Progressive jackpots tend to have a lower payout record than other slot machines. If you have a certain amount of money you are playing with, only play a portion towards progressive slots. This will help you keep some money to play other slot machines if your luck is not with you on the progressive slot machines with higher pay out odds. A progressive slot machine is a slot machine with an increased portion of the bets in place, to increase its maximum jackpot. When the machine is first started or initialised after the progressive jackpot is won, that progressive slot machine gets an initial jackpot which is randomly chosen (it’s not zero).
How Progressive Jackpots Slots Work As a rule, the key to a progressive jackpot is hitting a predefined combination of symbols on a payline. However, nowadays more and more slots with a random jackpot appear. Perhaps, the most famous progressive slot with the random jackpot is Mega Moolah developed by the top gaming software provider, Microgaming. A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot. You’ll find three different kinds of progressive slot machines. The first is a standalone progressive. This is a game where the jackpot is exclusive to that game.
If you want to play progressive slots, this post will explain how. In fact, it probably won’t be the longest post in the world, because playing progressive slots is no harder than playing any other kind of slot machine. You put your money in, you press the spin button, and you hope for the best.
But what I’ve tried to do with this post is give you enough information about how progressive slot machines work that you can be an educated player.
And you can check our complete progressive jackpots guide to find out even more.
Not all these tips will apply to you, but I suspect most of them will, no matter your level of expertise.
Let’s go ahead!What Is a Progressive Slot Machine and How Does It Work?
Most people know what a slot machine is, but if you’re completely new to the subject, here’s a quick description of slots games in general.
A slot machine game is a gambling machine with spinning reels. Each reel has symbols on it, and the point at which each reel stops is determined randomly. Specific combinations of symbols across a payline result in payouts.
The simplest version of a slot machine has three reels and a single payline horizontally across the middle of the machine.
Modern slot machines are often more complicated than this. They might have five reels, and the paylines come in a bewildering array of patterns. You have to place a separate bet on each payline, too.
The easiest way to describe paylines is to compare them with variations of bingo. They always run from left to right, but they sometimes come in a zig-zag pattern. You also have symbols that land on the rows above and below the center payline.
Originally, slot machines were powered by metal reels, springs, and gears. Now, the reels are just for show. A computer program called a random number generator (RNG) determines the results, and the probabilities are programmed into the RNG.
This enables the slot machine manufacturers to make bigger machines with more possible symbols and different probabilities for each symbol. This process is called “weighting.”
On an old-school, mechanical slot machine with 10 symbols on each reel, you had a 1/10 probability for any given symbol to show up.
But with weighting in place, some symbols might be programmed to come up more often and others programmed to come up less often. You might have some symbols which come up as often as 1/5 of the time and others which only come up as seldom as 1/20 or 1/50 of the time.
And, of course, the probability of getting multiple winning symbols to line up is calculated by multiplying the probability of getting that symbol on each reel.
Understanding this part is important because it makes it clear how the casino is able to offer such large jackpots without losing money. For the casino to make money from slot machines, they need a statistical advantage. They get that advantage by paying out at odds lower than the odds of winning. The difference is their long-term profit.
To offer a 6-figure or 7-figure jackpot, they need to be able to get odds that are 6 figures or 7 figures to 1. You can only do that if you weight the symbols so that they come up less often than they would on a mechanical reel.
I’ll have more to say about probability and odds in a bit.
A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot.
You’ll find three different kinds of progressive slot machines.
*The first is a standalone progressive. This is a game where the jackpot is exclusive to that game. Every bet fuels the jackpot just for that machine. The ticker doesn’t move unless someone is playing on that machine.
*The second is a local area network progressive. This is a game where multiple slot machines in the same casino share the same jackpot. If anyone is playing any of the machines in that network of games, the jackpot is growing for all those machines.
*The third is the wide area progressive jackpot. This is a game that’s networked with multiple slot machines in multiple locations. These jackpots grow huge because so many people are playing them.
Once someone wins one of these progressive jackpots, it resets to whatever its starting value was, and it starts growing again.Where Do You Find Progressive Slot Machines?
You can find progressive slot machines at almost every casino in the world, although slot machines are more popular in the United States than in Europe. You can also find progressive slot machines at online casinos. The games available online vary based on what kind of software the casino is using.
You can find these games by looking for the games with a progressive jackpot ticker at the top of the machine. This is a digital display of the size of the jackpot. With wide area progressives, this number changes (grows) almost constantly, which adds to the excitement for prospective players.
If you’re having trouble finding a progressive slot machine in a particular land-based casino, just ask one of the employees there for help finding them. They’ll know where they are. Don’t forget to give the staff member who helped you at least a $1 tip for helping you.
You’ll get better service in general if you become known as a generous tipper. And casino employees talk.Odds, Probability, the House Edge, and Payback Percentages
The method most gamblers and casinos use to measure the odds in a slot machine game is the payback percentage. This is the statistical average of payouts on that machine expressed as a percentage of each bet that should be paid back to the player in the long run.
Since the payback percentage is almost always less than 100%, it’s clear to see how the casino makes its profit.
The lower the payback percentage is, the faster you’ll lose your money when playing the machine. The payback percentage is just a function of how much you’ll win for each combination multiplied by the probability of hitting that combination.
The machines aren’t programmed to run in cycles or to start losing after a certain point to guarantee a certain payback percentage. The payback percentage is strictly a function of the probabilities and payouts.
You might have a slot machine that pays out some kind of prize 45% of the time. The size of those prizes multiplied by the size of those prizes is what determines the payback percentage.
One way to think about it is as if you were playing a simple gambling game where you’re flipping a coin and guessing which side it will land on.
If you win, you get 50 cents. If you lose, you lose 55 cents.
Half the time, you’ll win, but the other half of the time, you’ll lose a larger amount. Over time, you’ll lose all your money.
That’s how the math and probability behind all casino games works.
Most slot machines have a payback percentage of between 75% and 95%. Lots of factors determine the payback percentage for a specific machine. At more competitive casinos, you’ll generally see a higher payback percentage. At airports and bars, you’ll see payback percentages on the lower end of that scale. At casinos on the Strip in Las Vegas, you’ll see payback percentages at the higher end of that spectrum.
At casinos in less competitive locales, like Oklahoma, the payback percentages are generally lower.
Also, the denomination of the slot machine is a factor. Casinos make more money from a player betting $3 per spin than they do from someone betting 75 cents per spin, even if the payback percentage is better on the $3 per spin player.
Look at the math.
*600 spins per hour at $3 per spin is $1,800. With a payback percentage of 95%, the game pays back an average of $1,710. The player loses $90 in an hour, on average.
*600 spins per hour at 75 cents per spin is $450 per hour. With a payback percentage of 90%, the game pays back an average of $405. The player loses $45 per hour.
Even though the house edge is twice as high on the lower-stakes game, the casino makes less money per hour on average.
You’ll also want to keep two things in mind about the odds and probability as they relate to progressive slot machines.
The first is that the tiny percentage of each bet that fuels the jackpot comes directly off your payback percentage. It has to.
So a game that would otherwise have a 95% payback percentage would only have a 94% payback percentage once you account for the contribution toward the jackpot.
The second is that the payback percentage assumes that you’ll sometimes win the progressive jackpot. But in reality, you probably won’t ever hit that jackpot. The bigger the progressive jackpot, the less likely you are to win it.
This means that a 94% payback percentage might only be 90% after you account for never hitting the progressive jackpot.
For this reason, the odds and the payback percentage for a progressive slot machine are always worse than it is for just a regular old slot machine game.
You should also take advantage of any kinds of comps and freebies the casino is willing to offer. Those only amount to between 0.1% and 0.5% of your action, but you should get as much action as you can for your money. This includes taking advantage of the free drinks at the casino.
Of course, none of that applies at online casinos. Keep in mind, too, with online casinos, that many of them limit their payouts to their players to a specific maximum dollar amount per week. Winning $100,000 is a lot less fun if it takes you 100 weeks to collect.Playing Tips and Tricks
I don’t have many tips and tricks to offer a progressive slots player other than this.
Make sure you’re betting enough to be eligible for the progressive jackpot. Some games don’t require you to bet the max to qualify, but some do. It’s up to you to read the pay table to tell the difference.
If you’re not going to bet enough to win the progressive jackpot, find another machine to play.
Other than that, try to spin the reels more slowly. The more spins you pay for, the more money you’ll lose over time, on average. If you make 300 spins per hour instead of 600 spins per hour, you’ll probably lose half as much money on the slot machines over time.
Also, you should never play with money you need for something else. If you think you’re going to get lucky and solve all your problems with a progressive slot machine jackpot, you’re delusional.An Easier Way to Win a Life-Changing Jackpot
Michael Bluejay wrote a great page about how you’re far more likely to win a million dollars by parlaying your winners on a table game.
In other words, you might bet $10 on a single number at roulette, and you’d win $350. Then bet the entire $360 on a single number again. This time, you’ll win $12,600.
Bet the entire $12,960 on a single number again, and you’ve won $453,000+.
The odds of winning these three bets in a row?1/38 X 1/38 X 1/38, or 1 in about 55,000.
Those sound like terrible odds, and they are.
But they’re still far better than the odds of winning that progressive slot machine’s jackpot.Conclusion
That’s it, really. Playing progressive slots, like I mentioned at the beginning, just isn’t hard to do. You put your money in and hope to win enough money to retire for the rest of your life.
I don’t generally play progressive slot machines, myself. I don’t like the odds.How Do Progressive Slot Machines Work At Home
But I’ll play some of the time just for grins, and I think that’s the best approach. People win progressive slot machine jackpots every day, and you have just as good a chance of winning as anyone else.How Do Progressive Slot Machines Work Youtube
The only strategy you really need to remember is to make sure you’re betting enough to win the progressive jackpot. Some games don’t allow you to win the big jackpot unless you’ve bet the max number of coins.
Other than that, these are games of luck. Treat them as such.How Do Progressive Slot Machines Work ChannelPlease enable JavaScript to view the comments powered by Disqus.How Do Progressive Slot Machines Work Kids
By Bill Burton
Every slot player who has ever walked into a casino has probably had the fantasy of hitting The Big One, that life changing progressive jackpot that will put you on Easy Street for the restyour life. You imagine the thrill of lining up the winning symbols and dream about how you will spend all that money. Then reality kicks in and deep down you know that you have abetter chance of getting struck by lighting than you do hitting the big jackpot. Does this mean you should not play Progressive slot machines?
While the odds of hitting a life changing jackpot may be astronomical, you don’t have to avoid all progressive machines. As long as you know what to expect and have some realisticexpectations you can give them a shot. There are also some progressive machines that are better than others if you want to hit the jackpot. First let’s take a look at the basic ofprogressive machines.
The big progressive jackpot is made by taking a percentage of all the money played into the machine. This means that the jackpot continues to grow as more people play the machine until somebodyhits the winning symbols for the top award. Because a percentage of the coins played form the Progressive Jackpot, the actual paybackpercentage will be less on the other winning symbols and in some case the payback percentage on the Progressive machines will be less than other machines in the casino. This is true for themachines that offer the life changing jackpots. Not all progressive machines are the same. There are actually three different types of progressive machines.
The Stand Alone Progressive
The stand alone progressive machine is not linked to any other machines. Instead of having a fixed top jackpot it takes a percentage of the coins played and adds that to the award for thehighest winning combination .It has a meter on the front and shows you the jackpot. In most cases the payback is equal to the other machines of that denomination but it just distributeddifferently to give you a varying amount for the top prize. The progressive jackpots for the stand alone machines is much lower that the ones from machines that are linked together.
In-House or Local Area Progressives
These are a group of machines linked together and owned and operated by the casino. They may be just in a single casino or linked together with several properties if the gaming company ownsmore than one casino. The jackpots may not be the multi-million variety but they can be quite a substantial win in some casinos. They generally hit more often that the big wide areaProgressives.
Wide Area Progressives
These are the machines that offer the life changing jackpots. The machines are linked together from many unrelated casinos. These machines are operated by an independent operated rather than asingle gaming company. Slot maker IGT operates games such as MegaBucks, Quatermania, and others in many different States. The casino share in a percentage of the winnings but the operator ownsthe games. The Jackpots may be large but so are your chances of hitting the big prize. Because of the costs of linking the machine and the administrative costs to run these Area wide games, thepayback percentage on these machines is much lower than on other slots.
It’s alright to try your hand at the big progressive machines hoping that lady luck will shine on you but don’t make it the mainstay of your slot play. Instead set aside acertain percentage of your playing bankroll and use that for a shot at the big one. Winning one of these is pure luck and is a gamble along the lines of buying a lottery ticket. Don’tspend your entire bankroll chasing dream. If you want to play a progressive machine you might be better off to concentrate your efforts on the Stand Alones or In House Progressives. Your oddsare much better. Most importantly remember, playing slots is entertainment. Have Fun!
Until next time, remember:
Luck comes and goes..Knowledge Stays Forever!
Bill Burton is the Casino Gambling Columnist for the Internet portal About.com. His website is located at: http://casinogambling.about.com. He is the author of“1000 Best Casino Gambling Secrets” and “He is the author of "Get the Edge at Low Limit Texas Hold’em" available at www.billburton.com. He is aninstructor for Golden Touch Craps; www.goldentouchcraps.com. He also writes for several national gamblingpublications.
Register here: http://gg.gg/vaslt
https://diarynote-jp.indered.space
Odds of Ten Reds in a Row Anyone knows that odds for the same event to occur several consecutive times in a series of independent plays of a game are very low. This applies for any game of chance, including roulette. Roulette odds of consecutive red.on
Progressive jackpots tend to have a lower payout record than other slot machines. If you have a certain amount of money you are playing with, only play a portion towards progressive slots. This will help you keep some money to play other slot machines if your luck is not with you on the progressive slot machines with higher pay out odds. A progressive slot machine is a slot machine with an increased portion of the bets in place, to increase its maximum jackpot. When the machine is first started or initialised after the progressive jackpot is won, that progressive slot machine gets an initial jackpot which is randomly chosen (it’s not zero).
How Progressive Jackpots Slots Work As a rule, the key to a progressive jackpot is hitting a predefined combination of symbols on a payline. However, nowadays more and more slots with a random jackpot appear. Perhaps, the most famous progressive slot with the random jackpot is Mega Moolah developed by the top gaming software provider, Microgaming. A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot. You’ll find three different kinds of progressive slot machines. The first is a standalone progressive. This is a game where the jackpot is exclusive to that game.
If you want to play progressive slots, this post will explain how. In fact, it probably won’t be the longest post in the world, because playing progressive slots is no harder than playing any other kind of slot machine. You put your money in, you press the spin button, and you hope for the best.
But what I’ve tried to do with this post is give you enough information about how progressive slot machines work that you can be an educated player.
And you can check our complete progressive jackpots guide to find out even more.
Not all these tips will apply to you, but I suspect most of them will, no matter your level of expertise.
Let’s go ahead!What Is a Progressive Slot Machine and How Does It Work?
Most people know what a slot machine is, but if you’re completely new to the subject, here’s a quick description of slots games in general.
A slot machine game is a gambling machine with spinning reels. Each reel has symbols on it, and the point at which each reel stops is determined randomly. Specific combinations of symbols across a payline result in payouts.
The simplest version of a slot machine has three reels and a single payline horizontally across the middle of the machine.
Modern slot machines are often more complicated than this. They might have five reels, and the paylines come in a bewildering array of patterns. You have to place a separate bet on each payline, too.
The easiest way to describe paylines is to compare them with variations of bingo. They always run from left to right, but they sometimes come in a zig-zag pattern. You also have symbols that land on the rows above and below the center payline.
Originally, slot machines were powered by metal reels, springs, and gears. Now, the reels are just for show. A computer program called a random number generator (RNG) determines the results, and the probabilities are programmed into the RNG.
This enables the slot machine manufacturers to make bigger machines with more possible symbols and different probabilities for each symbol. This process is called “weighting.”
On an old-school, mechanical slot machine with 10 symbols on each reel, you had a 1/10 probability for any given symbol to show up.
But with weighting in place, some symbols might be programmed to come up more often and others programmed to come up less often. You might have some symbols which come up as often as 1/5 of the time and others which only come up as seldom as 1/20 or 1/50 of the time.
And, of course, the probability of getting multiple winning symbols to line up is calculated by multiplying the probability of getting that symbol on each reel.
Understanding this part is important because it makes it clear how the casino is able to offer such large jackpots without losing money. For the casino to make money from slot machines, they need a statistical advantage. They get that advantage by paying out at odds lower than the odds of winning. The difference is their long-term profit.
To offer a 6-figure or 7-figure jackpot, they need to be able to get odds that are 6 figures or 7 figures to 1. You can only do that if you weight the symbols so that they come up less often than they would on a mechanical reel.
I’ll have more to say about probability and odds in a bit.
A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot.
You’ll find three different kinds of progressive slot machines.
*The first is a standalone progressive. This is a game where the jackpot is exclusive to that game. Every bet fuels the jackpot just for that machine. The ticker doesn’t move unless someone is playing on that machine.
*The second is a local area network progressive. This is a game where multiple slot machines in the same casino share the same jackpot. If anyone is playing any of the machines in that network of games, the jackpot is growing for all those machines.
*The third is the wide area progressive jackpot. This is a game that’s networked with multiple slot machines in multiple locations. These jackpots grow huge because so many people are playing them.
Once someone wins one of these progressive jackpots, it resets to whatever its starting value was, and it starts growing again.Where Do You Find Progressive Slot Machines?
You can find progressive slot machines at almost every casino in the world, although slot machines are more popular in the United States than in Europe. You can also find progressive slot machines at online casinos. The games available online vary based on what kind of software the casino is using.
You can find these games by looking for the games with a progressive jackpot ticker at the top of the machine. This is a digital display of the size of the jackpot. With wide area progressives, this number changes (grows) almost constantly, which adds to the excitement for prospective players.
If you’re having trouble finding a progressive slot machine in a particular land-based casino, just ask one of the employees there for help finding them. They’ll know where they are. Don’t forget to give the staff member who helped you at least a $1 tip for helping you.
You’ll get better service in general if you become known as a generous tipper. And casino employees talk.Odds, Probability, the House Edge, and Payback Percentages
The method most gamblers and casinos use to measure the odds in a slot machine game is the payback percentage. This is the statistical average of payouts on that machine expressed as a percentage of each bet that should be paid back to the player in the long run.
Since the payback percentage is almost always less than 100%, it’s clear to see how the casino makes its profit.
The lower the payback percentage is, the faster you’ll lose your money when playing the machine. The payback percentage is just a function of how much you’ll win for each combination multiplied by the probability of hitting that combination.
The machines aren’t programmed to run in cycles or to start losing after a certain point to guarantee a certain payback percentage. The payback percentage is strictly a function of the probabilities and payouts.
You might have a slot machine that pays out some kind of prize 45% of the time. The size of those prizes multiplied by the size of those prizes is what determines the payback percentage.
One way to think about it is as if you were playing a simple gambling game where you’re flipping a coin and guessing which side it will land on.
If you win, you get 50 cents. If you lose, you lose 55 cents.
Half the time, you’ll win, but the other half of the time, you’ll lose a larger amount. Over time, you’ll lose all your money.
That’s how the math and probability behind all casino games works.
Most slot machines have a payback percentage of between 75% and 95%. Lots of factors determine the payback percentage for a specific machine. At more competitive casinos, you’ll generally see a higher payback percentage. At airports and bars, you’ll see payback percentages on the lower end of that scale. At casinos on the Strip in Las Vegas, you’ll see payback percentages at the higher end of that spectrum.
At casinos in less competitive locales, like Oklahoma, the payback percentages are generally lower.
Also, the denomination of the slot machine is a factor. Casinos make more money from a player betting $3 per spin than they do from someone betting 75 cents per spin, even if the payback percentage is better on the $3 per spin player.
Look at the math.
*600 spins per hour at $3 per spin is $1,800. With a payback percentage of 95%, the game pays back an average of $1,710. The player loses $90 in an hour, on average.
*600 spins per hour at 75 cents per spin is $450 per hour. With a payback percentage of 90%, the game pays back an average of $405. The player loses $45 per hour.
Even though the house edge is twice as high on the lower-stakes game, the casino makes less money per hour on average.
You’ll also want to keep two things in mind about the odds and probability as they relate to progressive slot machines.
The first is that the tiny percentage of each bet that fuels the jackpot comes directly off your payback percentage. It has to.
So a game that would otherwise have a 95% payback percentage would only have a 94% payback percentage once you account for the contribution toward the jackpot.
The second is that the payback percentage assumes that you’ll sometimes win the progressive jackpot. But in reality, you probably won’t ever hit that jackpot. The bigger the progressive jackpot, the less likely you are to win it.
This means that a 94% payback percentage might only be 90% after you account for never hitting the progressive jackpot.
For this reason, the odds and the payback percentage for a progressive slot machine are always worse than it is for just a regular old slot machine game.
You should also take advantage of any kinds of comps and freebies the casino is willing to offer. Those only amount to between 0.1% and 0.5% of your action, but you should get as much action as you can for your money. This includes taking advantage of the free drinks at the casino.
Of course, none of that applies at online casinos. Keep in mind, too, with online casinos, that many of them limit their payouts to their players to a specific maximum dollar amount per week. Winning $100,000 is a lot less fun if it takes you 100 weeks to collect.Playing Tips and Tricks
I don’t have many tips and tricks to offer a progressive slots player other than this.
Make sure you’re betting enough to be eligible for the progressive jackpot. Some games don’t require you to bet the max to qualify, but some do. It’s up to you to read the pay table to tell the difference.
If you’re not going to bet enough to win the progressive jackpot, find another machine to play.
Other than that, try to spin the reels more slowly. The more spins you pay for, the more money you’ll lose over time, on average. If you make 300 spins per hour instead of 600 spins per hour, you’ll probably lose half as much money on the slot machines over time.
Also, you should never play with money you need for something else. If you think you’re going to get lucky and solve all your problems with a progressive slot machine jackpot, you’re delusional.An Easier Way to Win a Life-Changing Jackpot
Michael Bluejay wrote a great page about how you’re far more likely to win a million dollars by parlaying your winners on a table game.
In other words, you might bet $10 on a single number at roulette, and you’d win $350. Then bet the entire $360 on a single number again. This time, you’ll win $12,600.
Bet the entire $12,960 on a single number again, and you’ve won $453,000+.
The odds of winning these three bets in a row?1/38 X 1/38 X 1/38, or 1 in about 55,000.
Those sound like terrible odds, and they are.
But they’re still far better than the odds of winning that progressive slot machine’s jackpot.Conclusion
That’s it, really. Playing progressive slots, like I mentioned at the beginning, just isn’t hard to do. You put your money in and hope to win enough money to retire for the rest of your life.
I don’t generally play progressive slot machines, myself. I don’t like the odds.How Do Progressive Slot Machines Work At Home
But I’ll play some of the time just for grins, and I think that’s the best approach. People win progressive slot machine jackpots every day, and you have just as good a chance of winning as anyone else.How Do Progressive Slot Machines Work Youtube
The only strategy you really need to remember is to make sure you’re betting enough to win the progressive jackpot. Some games don’t allow you to win the big jackpot unless you’ve bet the max number of coins.
Other than that, these are games of luck. Treat them as such.How Do Progressive Slot Machines Work ChannelPlease enable JavaScript to view the comments powered by Disqus.How Do Progressive Slot Machines Work Kids
By Bill Burton
Every slot player who has ever walked into a casino has probably had the fantasy of hitting The Big One, that life changing progressive jackpot that will put you on Easy Street for the restyour life. You imagine the thrill of lining up the winning symbols and dream about how you will spend all that money. Then reality kicks in and deep down you know that you have abetter chance of getting struck by lighting than you do hitting the big jackpot. Does this mean you should not play Progressive slot machines?
While the odds of hitting a life changing jackpot may be astronomical, you don’t have to avoid all progressive machines. As long as you know what to expect and have some realisticexpectations you can give them a shot. There are also some progressive machines that are better than others if you want to hit the jackpot. First let’s take a look at the basic ofprogressive machines.
The big progressive jackpot is made by taking a percentage of all the money played into the machine. This means that the jackpot continues to grow as more people play the machine until somebodyhits the winning symbols for the top award. Because a percentage of the coins played form the Progressive Jackpot, the actual paybackpercentage will be less on the other winning symbols and in some case the payback percentage on the Progressive machines will be less than other machines in the casino. This is true for themachines that offer the life changing jackpots. Not all progressive machines are the same. There are actually three different types of progressive machines.
The Stand Alone Progressive
The stand alone progressive machine is not linked to any other machines. Instead of having a fixed top jackpot it takes a percentage of the coins played and adds that to the award for thehighest winning combination .It has a meter on the front and shows you the jackpot. In most cases the payback is equal to the other machines of that denomination but it just distributeddifferently to give you a varying amount for the top prize. The progressive jackpots for the stand alone machines is much lower that the ones from machines that are linked together.
In-House or Local Area Progressives
These are a group of machines linked together and owned and operated by the casino. They may be just in a single casino or linked together with several properties if the gaming company ownsmore than one casino. The jackpots may not be the multi-million variety but they can be quite a substantial win in some casinos. They generally hit more often that the big wide areaProgressives.
Wide Area Progressives
These are the machines that offer the life changing jackpots. The machines are linked together from many unrelated casinos. These machines are operated by an independent operated rather than asingle gaming company. Slot maker IGT operates games such as MegaBucks, Quatermania, and others in many different States. The casino share in a percentage of the winnings but the operator ownsthe games. The Jackpots may be large but so are your chances of hitting the big prize. Because of the costs of linking the machine and the administrative costs to run these Area wide games, thepayback percentage on these machines is much lower than on other slots.
It’s alright to try your hand at the big progressive machines hoping that lady luck will shine on you but don’t make it the mainstay of your slot play. Instead set aside acertain percentage of your playing bankroll and use that for a shot at the big one. Winning one of these is pure luck and is a gamble along the lines of buying a lottery ticket. Don’tspend your entire bankroll chasing dream. If you want to play a progressive machine you might be better off to concentrate your efforts on the Stand Alones or In House Progressives. Your oddsare much better. Most importantly remember, playing slots is entertainment. Have Fun!
Until next time, remember:
Luck comes and goes..Knowledge Stays Forever!
Bill Burton is the Casino Gambling Columnist for the Internet portal About.com. His website is located at: http://casinogambling.about.com. He is the author of“1000 Best Casino Gambling Secrets” and “He is the author of "Get the Edge at Low Limit Texas Hold’em" available at www.billburton.com. He is aninstructor for Golden Touch Craps; www.goldentouchcraps.com. He also writes for several national gamblingpublications.
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