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Winning big with online slots Monday, Jul 5 2010 

While playing slots is an entertaining way to pass the time, the real goal is of course winning the jackpot, and hopefully this jackpot will be large enough to change your lifestyle indefinitely.

For this, most players will answer the question of how large a win would accomplish the above, with one million dollars, so let’s have a look at the online slot machines where actually winning one million dollars is a possibility.

Obviously, while playing the slots there are no guarantees, but if we set winning one million dollars as the goal, we should at least pick the proper slot machines that are able to provide us with this kind of cash. For that we will definitely need slots that offer progressive Jackpots as they are generally higher than regular jackpots, and from those slots with progressive jackpots we need popular ones so that the jackpot will be high enough to provide us with a shot at $1 million.

Currently we know of four online slot machines that are capable of providing us with the required conditions which are:

Mega Moola

This particular slot machine starts with a $1 million Jackpot, and is running on software from Microgaming. A player can bet up to $ 6.75 and in order to get a shot at the jackpot a bonus round has to be played, which works similar to a fortune wheel. Besides the mega progressive, players can win 4 other lesser progressive jackpots.

Millionaires Club

There are two types of this popular slot machine one 3 reel and one 5 reel. This slot runs on the Wagerlogic network and winning the progressive is similar to winning the progressive with Mega Moola from Microgaming. Unfortunately, the network does not cater to residents of the United States, due to the gambling regulations that were put in place in 2006.

Major Millions

This popular slot has already turned 6 players into millionaires overnight, within a 24 month time frame, which makes it the slot with the most winners for a single game. The slot comes in the same two versions as the Millionaires Club slot machine, meaning, there is a 3 and a 5 reel version of it. In order to win the jackpot players have to bet $3, which is the maximum bet for this particular slot machine.
Unlike Millionaires Club, US residents are welcome to play.

King Cashalot

This is another Slot Machine from the assortment of Microgaming, it is a five reel slot machine and one of the less expensive ones compared to the other three mentioned above. With a maximum bet of $2.25 a player has a shot at the progressive jackpot. This jackpot starts at $100k, so if this one is approaching $1 million it is very close to falling.

While winning $1 million at slot machines is certainly possible, the odds of it happening to any given player are relatively low. This does by no means imply that it is impossible, but a realistic view on the odds is required to view these slot machine games in the proper perspective.  This being said, one should only bet money that won’t cause you any financial problems if you happen to lose it.
M.A.H.

Rapid Fire Jackpots Wednesday, Mar 3 2010 

At the end of 2004 slot machines were released that were programmed with a new “Rapid Fire Jackpot ” feature. This type of jackpot works different than regular jackpots from slots. With Rapid Fire Jackpots they are connected to a selection of slots that hit the Jackpot at random without the need for any specific combination. This is not the first time this type of jackpot was introduced to the public, as the so called Marvel slot machines carried a similar jackpot feature.

The prizes from these types of jackpots are small compared to regular jackpots and this type of jackpot is won more frequently than regular ones.

The biggest question about this type of jackpot is how they are won. Unlike regular slot machines jackpots, there is no specific combination to make the win, so how does the system select a winner?

Now we have arrived at the interesting part. Once the jackpot has been won a new jackpot is selected at random by the system for the next one. Let’s assume, after the last jackpot $800 is selected by the system, and then the next winner will have that amount when the next random jackpot is won.

Winners are selected using the following principle: From every wager on the slots a part of the bet is added to the prize fund. Let’s assume in our case it is 1% of the bet. Now the first to place a bet and spin the reels that causes the total of the jackpot to exceed the selected amount, wins.

On the slot machine games 5 coin types are used between 10 cents and 5 dollars, with a maximum of 9 coins for every game played. This means if one wagers $1 per spin of the reels, 10 cents of that bet are added to the jackpot. The more you bet, the more you contribute to the prize money. Contributing more to the jackpot increases the chances to win it considerably, as each contribution from you brings the total closer to the selected amount at a much faster pace, than players that use smaller coin sizes.

In short; the higher the bet, the better the odds will be. Using smaller bets will decrease the chances of winning the jackpot dramatically.

In case you are now thinking that in order to win continuously playing these slots, all you need to do is wait until the jackpot is high, and bet as large as you can, think again. With jackpots that average in the $800 ranges, it would work theoretically, but it does not work out that way in real life.
Let’s assume that in order to win, you would be betting $45 per spin of the reels. For small amounts like Rapid Fire Jackpots offer that would mean risking a lot for low rewards. In case the jackpot is high enough it may be a good idea to do a larger bet every so many spins to double your chances of winning overall. Should you fail in taking the jackpot, at least you increase your chances of winning another prize from the reel combinations.

M.A.H.

Random Number Generator and Slot Machine Jackpots Tuesday, Jul 15 2008 

Random number generator sounds scientifically mysterious, but is really quite straightforward. Slot machines are programmed with a computer that spits numbers out in a random pattern. Each time you spin it is like spinning for the first time. The random numbers programmed into the machine will come up eventually and you will win. How long between wins and how large the jackpot is are preprogrammed. Some slot machines pay often and for smaller jackpots. Some will take a huge amount of time to come up with a winning combination. A large jackpot is paid and then it may pay another just a short time later. It is all random. This all contributes to the excitement of the game. It also means that no amount of fancy gambling methods will really make a difference. If they did, the random number generator would be open to bias and would be faulty. No one should be able to influence the random number generator. That would constitute a fixed game.

When you are going online to play the slot machines, you can usually find out how often the machine pays out and how large the jackpot is. That does not mean it is getting ready to let down a windfall jackpot. The payouts are determined over time by the random number generator computer program and constitute averages.

If the payouts come more often and the jackpots are smaller you may be more comfortable extracting your own cash as quickly as possible and then using the rest of the winnings to gamble. When that is gone, stop. Many of the random number generated programs are set so that the longer you play the more likely it is that you will lose. If you win big, take the money and run. There is always another day for this kind of fun.