Progressive Wagers

July 22, 2012

Let's face it, all of us who enjoy playing video slots would like to land a major progressive jackpot pay out. Many of us do nothing else than chase the largest progressive jackpot pools form online casino to online casino, moving on to the next as the current one plays out. The problem with this kind of video slots play is it can become very expensive very quickly. Most people presume that to have a chance at winning a multi-million dollar progressive jackpot they need to bet the maximum wager per spin, and whilst this is the way to make sure you win the largest sum possible, it is not mandatory.

OK, let’s consider a few things. Firstly, do we really need to win $10 million to $20 million as a progressive jackpot prize? Sure it would be nice, but most of us would settle for just a million! So there really is no need to play at maximum wager.

Instead, the amount wagered should be calculated to give the best chance of bagging progressive jackpot payout, at the least possible cost. So we are going to need to play every pay line, which is a no brainer, so to start with we would set pay lines to the max, and coin size to the minimum, this gives us the most chances to win a jackpot at the least cost.

The next thing to do is see if our bankroll can cover a higher wager than the minimum, which gives us a chance of winning a larger cash sum if we get lucky. As a rule of thumb, you want to have something like 1,000 coins at your current wager in your bankroll to be safe. So simply divide your bankroll by 1000 and then increase the coins per pay line and coins size to fit the figure you worked out.

This results in us having 1,000 chances at the online slot we have chosen to play paying us out a progressive jackpot win. Luckily most video slot games allow this kind of flexibility when setting the wager. Working in this fashion means that we are not going to hit a world record jackpot payout, but we are in with a chance of cashing in on a million dollars or more. Sure, it’s still a long shot, but it is now a much more affordable long shot!

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