A player wanted to know how realistic it is for a player to get a jackpot on a given denomination:
Are there jackpots on each denomination or are they all just totally random on when they hit whatever bet you do?Donna S.
First off, it helps to remember that jackpots are a flat dollar amount threshold. Any win of $1,200 and above in the United States, regardless of the size of the bet, will yield a jackpot.
Whether a jackpot is possible is also in part based on the game’s design. On some games, giant progressives are available at any bet level, meaning so is that potential for a jackpot. Some specific games are designed where it is impossible to hit a jackpot based on the game’s design, and this can occur on games with a $1 denomination!
But, as a general rule, denomination isn’t as important as your bet size. The bigger your bet, the more likely you’ll hit a jackpot, because generally speaking the wins grow proportionally with your bet.
Let’s say you’re spinning $1 a spin. It would take a 1,200x win against your bet to hit a jackpot. By comparison, a $10 spin would only require a 120x win. Generally speaking, those big progressives are easier to win on higher bets because the chances grow proportionally with your bet as well. And on many game types today, a $1 and a $10 bet could very well be possible within the same denomination, even penny denomination on some games!
So the randomness of the game will of course play a part, but so will the amount of your bet. Denomination has less to do with it than the total amount wagered. And with many games, you certainly can win a jackpot with lower bets! One of our team members has won three handpays in a year’s time on bets all $2 and below. Two of the games were on penny denomination.
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