Who wouldn’t love to walk out of a brick-and-mortar casino or log out of an online casino with something huge as a jackpot prize? That’s the dream of every slot player – to win millions spinning the reels. But what are the odds of being among the history makers in the world of progressive slots? Is there a way you can better your chances of winning the largest slot payouts? In this article, I’ll tell you the odds of winning and how you can improve your winning likelihood.

The odds of Winning Huge Jackpots in Slot Games

To get straight to the point, the likelihood of any player winning a major jackpot ranges from 50 million to over 100 million to one. Your odds of winning a slot jackpot is dependent on two things – the RTP rate and the variance of the slot game.

You should note that odds are set by software providers, and they tend to differ from the actual probability of a slot game. As a matter of fact, some slots can have odds of hitting the jackpot as high as 600 million to one.

The jackpot probability referred to here is from local area network (LAN) and wide area network (WAN) progressive slots instead of slots with fixed jackpots. The more people spin these slot reels, the more the jackpot amount increases. LAN progressives count spins from slot machines within a vicinity, while WAN progressives count spins from slots around the world. Obviously, the former will have a lower jackpot prize than the latter due to the availability of the games.

For us to understand how slot games determine who wins the jackpot or not, we need to get a basic grasp of an algorithm known as the pseudorandom number generator or PRNG. All online and video slot games use a PRNG algorithm to determine the outcome of every spin. To create multiple authentic results every time, the algorithm makes use of entropy data and seeds and entropy data. This real randomness that entropy achieves is derived from real-world factors like the system clock.

If you want to have a shot at the jackpot, the reels have to be spun with the exact seed and entropy data set. Understand that this is only going to give you a winning chance. In addition, you have to get one of the many results generated by the exact entropy and seed.

Now that you know these let us now advance to how you can improve your odds of winning slot jackpots.

How to Improve your Winning Odds for Jackpots in Slots

One sure-fire way of winning the jackpots is by playing higher denomination games. When you do so, you achieve a better payout from your winnings as well as a more favorable edge over the house. Playing 1 to 5 penny denomination games only gives you a payback rate of 84% to 89% coupled with a player edge that ranges between 84% and 88%. If you play slots that require a pound sterling to spin, you get a return to player (RTP) of about 93% to 95% and an edge that can be up to 95%.

The strategy of playing higher denominations is one of the achievable methods of winning progressives since players are increasing the total number of chances or spins. With this strategy, it is important to understand that the higher the risk, the better the odds of winning a jackpot. This strategy might mean you will lose more spins over a period, but the gigantic jackpot prize is worth the higher risk rather than making small bets just to play it safe.

I have shown you a good way of bettering your chances of winning jackpot slots. However, you might still have some myths that you believe in that might affect your play. I’ll touch on them briefly now, and hopefully, once these myths are debunked in your mind, you will probably have an even better chance of hitting the jackpot.

Common Jackpot Slot Myths

Here are some unscientific imaginations that run wild in the minds of casino bettors that need to be addressed so you can have the right frame of mind when trying to hit the jackpot.

• There are slots that are loose, and they are hidden in plain sight.
• You can trigger the jackpot using a sequence of button presses.
• Hackers can break into online slot algorithms.
• Slot machines usually have hot streaks.
• Casinos remotely adjust the chances of winning.
• Casinos become greedy after they pay out a jackpot prize.
• Casinos hide their slot games with high RTPs.
• Slots payout in a cyclical manner.
• Betting patterns have an impact on slot payouts.
• Physical slots are fairer in play than online slots games.
• You can only win huge amounts of money if you bet the maximum.
• Slot games pay out more in the mornings and afternoons.
• Slots are completely random and are not affected by a house edge.
• VIP customers enjoy more payouts from casinos.
• You should not bother about paytables.
• All slot games payout the same amount of cash.
• You get more pay-out from manual spins.

Summary

In conclusion of this article about the odds of winning slot jackpots, I touched on the probability numbers, factors that affect the odds, how to better your chances, and myths that you should debunk.