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What Are The Odds Of Hitting A Slot Machine Jackpot?

What Are The Odds Of Hitting A Slot Machine Jackpot?

Progressive slots are among the most popular online casino real money games. They are different from the regular casino games because they give you the chance to hit at millions of dollars. Modern progressive slots machines are linked across the same online casino or even across different online casinos. This helps in building some of the largest jackpots in the industry. As lucrative as they may look, hitting these jackpots is almost impossible. The odds of hitting a slot machine jackpot can be one in several millions.

Odds of Winning a Progressive Jackpot

The odds of winning progressive jackpots can be actually lower than that for non-progressive slots games. At the same time, the bigger progressive jackpots have lower payout percentages than smaller jackpots. So, if you want to increase your odds of winning a jackpot, you should play an online slot machine with smaller jackpot, and vice versa.

The odds of winning a progressive jackpot can be determined from the following information:

  • Number of reels in the slot machine
  • Number of symbols on each reel
  • The way the jackpot payout gets triggered

These factors will be different on different slots machines.

Payout Percentage

Typically, the payout information on the slot machine gives you some information about the machine’s odds. The higher is the denomination, the higher is the likely payback percentage. If you check this information, you will find that there is a payout percentage, which is usually in the range 90% and 97%. This is the percentage of the amount paid by players that is returned. Your payouts will also depend on whether you are betting maximum coins or not. Max bets help you win the highest if you win at game.

Without concern which slot machine you are playing, the odds of winning will always be less than 99% for any real-money or free online casino games. Very few online casinos can offer a payout percentage of up to 99%. In the old days when there were no computer-based Random Number Generators (RNG), players were able to find mechanical slots machines with higher payback. They would use the following strategies:

  • Players would try different slot machines to find the one that offers payouts regularly
  • Players would then stick with the same machine until it would stop paying

But in the age of computer-based RNG systems, there can never be any hot or cold slot machines. The outcomes are always random.

House Edge

The payout percentage is also referred to as the Return To Player. The remaining small percentage is called the House Edge, which is earned by the casino. When it comes to the odds of hitting a slot machine jackpot, you can have a 0.5 million to 1 or 1 million to 1 chance. This can be even lower in some of the largest jackpots. You should be very-very lucky to be able to win it.

Choose a Bigger Online Casino

Bigger online casinos tend to provide higher payout percentages because they have larger number of players. Thus, you will have slightly better odds of winning at a larger online slots casino. One of the best ways to learn about the winning odds for a slot machine jackpot is to check more and more online casino reviews.

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