If I bet more on Mega Moolah do I stand more chance of winning?
One of the most confusing aspects of the Mega Moolah slot for those who are relatively new to progressive jackpot games in particular, is how a player who is wagering the minimum of 0.25 per spin, has a chance to trigger the jackpot and a player who may be wagering considerably more, let's say 6.25 per spin, also has a chance to win the jackpot.
Is it fair that a player wagering 6.00 less, still has a chance to win the same jackpot as the player that is wagering considerably more?
In order to answer this question fully, let's explore a little bit more about how progressive jackpot games used to work, and how Microgaming devised Mega Moolah to be a little bit different, thus allowing players to wager differing amounts, yet still have a chance to win the biggest Mega Moolah jackpot prize.
Single Stake progressive jackpot games
Before the likes of Mega Moolah came along, it was more common for progressive jackpot games to have a single stake value that players would need to wager in order to qualify for the progressive jackpot prize. Players did not have to wager the full amount on some games (they could bet less) but if they did, then if they hit the winning combination on the reels, they would not be eligible for the progressive prize and would instead win the in-game, or base game, jackpot.
A good example of this is the Major Millions slot, which is a game where players can select from a number of different stake sizes by increasing or decreasing the number of lines that they bet on. The unit stake cannot be changed, but by increasing the numbers of lines covered in each spin, you can change the total value of your bet.
However, to win the progressive jackpot, players need to have placed a wager on all the available 15 pay lines in the slot (on the 5-reel version), or the 3-lines available on the three-reel version.
In each case, this bet would set you back 3.00 (regardless of whether you play the 5-reel or 3-reel version) and it is only if you bet this 3.00 stake, that you can win the progressive jackpot prize.
In this way, it seems much fairer that to win the progressive, every player that wants a chance to win the big cash prize must wager the same amount. However, these games are somewhat inflexible and they only tend to appeal to slots players who are comfortable wagering a fairly sizeable amount per spin on the slot.
For example, if you had 100 spins on Major Millions to try and win the progressive prize, at 3.00 per spin in British Pounds, then that is a £300 spend. That is a huge amount of money for some players who often have considerably less available in their bankroll.
So what Microgaming did was to put their heads together and try to develop a progressive slot game that would allow players to wager larger amounts of money, and crucially, smaller amounts of money, and still have a chance of landing a massive progressive jackpot prize.
The result of this was Mega Moolah and the real genius behind the slot is how it ensures that no matter what you wager per spin, you have a chance to land that huge progressive prize.
Why Mega Moolah is different
In their attempt to deliver a progressive that offers a huge prize fund, but which can be played by smaller stakes players as well as medium to higher rollers, Microgaming developed Mega Moolah. Not only does this have the chance to play for varying size stakes, it also has four different progressive jackpots available, Mini, Minor, Major and the biggest prize, Mega.
Now logic would dictate that only players that wagered the higher amounts would be able to win the bigger prizes, while those that wagered smaller amounts would only win the smaller two progressives, but part of Mega Moolah's huge appeal is that regardless of how much you wager, you stand a chance of winning ANY of the four jackpots.
How can this be fair if one player is playing for 6.25 per spin and another is playing for 0.25 per spin? Well the answer is as simple as it is brilliant. What Microgaming have done is increase your chances of landing the Jackpot Bonus Game per spin if you wager more money per spin.
Here's a very simplistic analysis of how the process works (using arbitrary figures, rather than the actual mathematics used in the game as this is far more complicated and uses much greater numbers).
Let's say that if you play Simple Slot and you can wager from 0.01 to 0.10 per spin and that each spin gives you a chance of landing a progressive jackpot prize. For every 0.01 you wager above the minimum, you get an additional chance to trigger the progressive prize.
So, if you wager 0.01 per spin, you have one chance of triggering the progressive jackpot prize. If you wager 0.02 per spin, you have two chances of triggering the prize, 0.03 sees you get three chances and so on, up to the maximum 10 chances per spin if you wager 0.10 per spin.
Although this is a very simplistic example, the actual process is the same on the Mega Moolah slot, the more you wager per spin, the more chance you have of triggering the Jackpot Bonus Game round.
It is this flexibility which makes Mega Moolah so appealing to customers as it doesn't matter whether you are a small, medium or higher stakes player, you can wager an amount that you are comfortable with and still qualify for a shot at the Mega Moolah progressive prizes available on every spin.
So, it is true, if I bet more, I am more likely to win?
That depends by what you mean by 'win'. If you mean trigger the Jackpot Bonus Game, which is the key to landing any of the four progressive jackpot prizes in the Mega Moolah slot, then yes, your chances of landing this bonus increase on each spin with the more you spend on that spin.
However, you should note that your chances are still relatively slim of landing the Jackpot Bonus Game. If you wager the maximum amount, you are not likely to trigger the Jackpot Bonus Game three times in a 30-spin run. Indeed in so few spins, you'd be lucky to trigger it once.
Furthermore, once the Jackpot Bonus Game is triggered, then your chances of winning the big two prizes (Major and Mega progressives) are the same for any player that has triggered the bonus. It is also worth noting that you are far more likely to win the Mini and Minor progressive jackpots, than the big two prizes, although the Major jackpot is usually triggered once every couple of days or so, and the Mega usually every month or so.
This is why many people opt to maximise their chances of triggering the bonus by playing the minimum 0.25 per spin and maximising their chances of winning by having more spins on the slot, rather than wagering more and slightly increasing your chances per spin, but having fewer spins.
Playing 0.25 per spin all the time can get a bit boring to be honest, so the best strategy is to mix it up a bit. If you have a good sized bankroll, or you have taken full advantage of the bonus offer and have bonus cash, don't go play like a scrooge. Use your bonus cash playing the maximum 6.25 - after all it's free cash!
Anyone wanting to give this strategy a go should opt for the best/greatest bonus offer available - and that my little possums is the 4x400 (euros or dollars) offer, which means you can deposit 400 four times and get a 100 percent bonus each time up to 1600. If visiting from the UK, the £1000 offer over five deposits is likely the best, but there's also other offers to choose from for UK players on our rewards page.
So, what is the best strategy to play through £100 on Mega Moolah?
In truth, given that the chances of landing the prize are scalable, it doesn't matter how you choose to wager your £100 spend on Mega Moolah. You could play through 400 spins at 0.25 or 40 spins at 2.50 or any other combination. Again, mix it up, and play with a positive mindset.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.
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