Why are progressive jackpots so hard to win?
What makes progressive jackpots so elusive? And can anything be done to improve one’s odds of winning Mega Moolah or Rainbow Jack?
4 Answers
But as with any kind of progressive jackpot, they are engineered to occur infrequently – the payout probability is set far lower than on conventional slot machines (in other words, they take longer to pay out). With so many players hoping for a quick fortune, and all of the prizes being relatively large, there is lots of potential for a “winning” story. Random Number Generator (RNG) systems, such as those used in Mega Moolah and Rainbow Jack, add to the excitement: each spin is entirely independent from the last.
There's only so much you can do to boost your chances without actually making good decisions – reading the guidebook, recognizing when it’s time to quit. Sure, some people think that your only hope is to go all-in with maximum bets on every spin, but that’s hardly rational.
My advice? Just enjoy yourself. If you want to win big, make sure you don’t gamble away all your savings – trust me, I know from experience.
A Mega Moolah or Rainbow Jackpot is extremely difficult to win: the odds against you are huge, and the jackpot itself has been funded by just a fraction of your stake, repeated many times over.
The wheel doesn’t care about your past and can’t predict your future. You’re never going to get an edge on the game, so you might as well go in with the most fun. And you know what? Sometimes the ball lands on you.
The problem with progressive jackpots is that they are meant to be hard to win – the payouts are rigged so that only 1 in several thousand (or even million) people will hit the jackpot. Yes, the RTP is high, but almost all of that money goes to the jackpot, which happens only when you land an extremely rare sequence of symbols.
Megamillions and Mega Moolah and Rainbow Jackpot are just lottery machines (slots). No secret sauce. You can buy more chips/coins, or wait until the jackpot is big, but it’s still just luck. Enjoy, but if you have to wager more than you can afford to lose, don’t play.
There's a reason progressive jackpots are hard to win. The odds are stacked against you because only a fraction of the money in the pool is returned as winnings, so the jackpot keeps growing. Unlike other casino games, in progressive slots, you can't improve your chances of winning using any strategy, tactics or tricks – it’s all about Lady Luck and RNG.