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Ermac

Microgaming €19 million pay out to one lucky mobile player

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Microgaming’s progressive jackpot network paid out over €150 million in 2018

Microgaming continued to live up to its reputation of generating life-changing wins by paying out a staggering €154,954,249 through its progressive jackpot network in 2018.

In total, nine lucky players took home seven-figure sums from Microgaming’s progressive jackpot games, equating to more than €40 million in winnings.

https://sigma.com.mt/news/microgaming-e19-million-pay-out-to-one-lucky-mobile-player/

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15 minutes ago, Zenkert said:

How many losers does it take for them to make such a pay-out :classic_laugh:

That's not how casinos work. 

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1 hour ago, Zenkert said:

How many losers does it take for them to make such a pay-out :classic_laugh:

19 milion?! 😛

  • Haha 1

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6 hours ago, Ermac said:

That's not how casinos work. 

Sorry, I actually dont know how casino’s work. Please enlighten me

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6 hours ago, Ermac said:

That's not how casinos work. 

No? Or was it irony?

Edited by Zenkert

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- Slots are “tight” or “loose” bc their programming is set to payout a specific % (usually 75%-98%) of the currency wagered over an inifinite number of spins.

-The slots use a random number generator to determine the outcome of each spin based on this programming. Chances are the same that a slot can hit a jackpot/high payout on the 1st spin ever wagered on it as if it will hit one after 10,000,000 spins have been wagered on it...before it has “earned” enough wagers to cover that payout.

- A small piece of each wager is contributed to the progressive jackpots.

...All of this means that the amount payed out by slots is not directly related to the amount taken in by the slots. There could be an above-average of regular (non-progressive tier) jackpot spins and other high-payout spins that have taken place causing the games to run negative for the operator for a substantial period of time, although this is very rare to be true across a large group of slots/wagers like Microgaming operates...

Edited by ACBcryptoBOSS
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