Many slots offer a Lucky Chance Spin or Wager Saver nowadays. Its primary purpose is to give those who have a small amount left over a chance to wager it.
While it predates the elimination of change that happened at many casinos in the aftermath of the pandemic, it’s proliferated more recently, and some players have leaned into the idea by purposefully triggering it on bigger bets for a chance at a big spin.
One player wonders why:
Please explain the concept of putting in “less” than the amount of your bet and spinning to win on the lesser amount. I’ve seen Brian do it…but I don’t understand what you would win IF you win. Would the win be pro-rated best on your actual bet–or would it be on the full amount? Also, if you lose wouldn’t you lose your money
Roxan D.
The way the Lucky Chance Spin or Wager Saver works is as follows: If you have less than the amount needed to place a spin, you can take a chance based on how much is in the machine.
Let’s use a $10 spin as an example. If you have $5, you can try for a $10 spin – you’ll have a 50% chance of getting it – it’s true odds, because the house edge is already built into the spins themselves. So $8 would be an 80% chance, $2 a 20% chance, etc.
What you get if you’re successful on this bet is a $10 spin, the same you could have by betting $10. This means you could get a winning spin or a losing spin – just getting the spin doesn’t guarantee a win. What you’re winning is just one spin of the reels at the value you were attempting for.
And yes, you are correct that if you try and fail, you lose the money outright, no spin, no nothing. But over time, the odds of getting a spin, and the amount you win on the spins you do get, would work out to the same long term payback as if you were just doing $10 spins outright.
So ultimately, it’s neither harmful or hurtful relative to just doing $10 spins, so if the spirit moves you, it’s your fun to have.
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