- Must Hit By Progressive Slot Machines
- Must Hit By Progressive Slot Machines Win
- Big Slot Machine Hits
- Progressive Slot Machines Tips
Almost all slot games randomly determine when a jackpot is paid. Mystery progressive slot machines, on the other hand, differ because theypay jackpots at a specific amount.
A progressive slot is in most ways similar to a regular slot. The only real difference is that the maximum prize, or jackpot, increases by a small amount for each game played. Once the jackpot is hit, the jackpot amount resorts to a predesignated baseline figure. This slot first hit the land-based casino in 2003 and was a popular favorite like Queen of the Nile and Buffalo slots by the same manufacturer. It is now available online, and you can play our Where’s The Gold slot demo for free with no download or registration required. First on the list is IGT Interactive's Megabucks. The first wide-area progressive machine. Every time you hit spin on these online slot games, the screen layout changes to give completely different outcomes. Many of our suppliers’ best slots offer the Megaways feature, so you can enjoy way more paylines on slot favourites such as Fishin’ Frenzy Megaways, Wish Upon a Leprechaun Megaways and Paddy Power Gold Megaways.
SLOTSMATE’S LIST OF FREE PROGRESSIVE SLOTS Below you’ll find a list of 1040 progressive slot machines to enjoy for free, with no registration or download required. Whether you want to develop a new strategy or try out something you’ve never played before, this is the perfect place for you.
For instance, a game might be programmed to pay its jackpot at exactly $250. This means that you can predict exactly when the payouts will be delivered.
One defining characteristic of mystery progressive slots is that they have small jackpots. Their top payouts usually range between $50 and $500.
This isn’t very exciting if you like chasing huge jackpots, but the benefit is that you can use these guaranteed amounts to gain an advantage.
Must Hit By Progressive Slot Machines
You need to calculate the target point when you should start playing in order to gain this edge. Here’s a formula that’ll help you do so.
- Formula: t = m × (h + r) / (h + 2r)
- t = Target point
- m = Max jackpot
- r = Rise of meter (how much of each bet goes into the jackpot; i.e., 2%)
- h = House advantage
The toughest part about this formula is that you’ll be dealing with one or more unknown variables. You won’t know the rise of meter, but you can reasonably assume that it will be around 2%.
Return to player (RTP) for most online slots is easy to find. But land-based slot machines’ payback is rarely public information.
You’ll have to estimate the latter by looking at state gaming reports to see how much each coin denomination pays. For example, a Nevada report might show that dollar slots offer 95% RTP onaverage.
Here’s an example on using the formula to figure out a target point.
- You’re playing a slot with 96% payback (4% house edge)
- Rise of meter is 2%
- Jackpot hits at $400
- Formula is: $400 jackpot x (0.04 + 0.02 rise in meter) / (0.04 + 0.02×2) = $300 target
- You should play this game when the mystery jackpot is at $300 to gain an edge
Once you know the target point, you can either start playing right away or wait for the jackpot to increase further. Waiting is risky, though, because somebody can step in and play for thejackpot before you.
Therefore, the best strategy is to jump in as soon as possible, rather than leaving things up to chance.
“Must-hit by” or “mystery” progressives are all the rage in casinos these days. You can’t blame the casinos for putting an ever increasing amount of these types of slot machines on their gaming floors. They want players to gamble for as long as possible & what better way to keep them on a machine than by having them chase a progressive that is guaranteed to hit by a certain number.
Unfortunately too many gamblers have little clue whether the progressive they are trying to win is truly worth going for & this can sometimes lead to disastrous results. On several occasions I have seen someone chasing an Ainsworth hit by $10k machine that’s at $9900 & they’re already in around $30k because they started chasing at a number way too early like $9580. You can read the desperation in their face. It’s a face that’s begging that the machine hit & put them out of their misery.
The reason situations like this occur is often because the player has no idea about meter movement. I’ve seen several examples about how to calculate whether or not a progressive is playable but I’ve found them to be difficult to understand for a gambler who is new to advantage playing. Here I’ll explain the relatively simple method that some advantage players use to figure out if a must-hit progressive is worth playing.
Again, meter movement is key. On any progressive that you’re interested in, find out how much it takes to move it 1 cent either by playing it yourself or by watching someone else play the machine & tracking it.
For this example let’s say it’s a penny, must-hit by $500 progressive currently at $480 that moves one cent for every $2.50 played or $250 to move it a dollar. The midpoint therefore is $490, so we have to calculate how much coin in/play it will take to reach this midpoint which is $10 x 250 = 2500.
Of course no one knows what the exact payback percentage of any machine is. Because this is a penny machine I’ll assume it pays around 85%. Could be higher but that’s the number I use for penny progressives & 90% for 25c & $1 progressives.
Now plug in the midpoint coin in of 2500 & multiply it by my presumed payback of 85%.
2500 x 0.85 = 2125
Must Hit By Progressive Slot Machines Win
Now add the midpoint number of $490.
2125 + 490 = 2615
Lastly, take that number & subtract the coin in of 2500.
2615 – 2500 = $115 which is your expected result. Because this number is positive, this is a playable situation.
I think it’s a good idea to prepare for the worst case scenario so I also calculate how much I can estimate to win/lose if the progressive goes to the very end. Same process except the meter movement number is now $20.
Big Slot Machine Hits
So $20 of meter movement x 250 = 5000 coin in
5000 x 0.85 = 4250
4250 + $500(hit point) = 4750
4750 – 5000 = -$250 loss
Progressive Slot Machines Tips
Of course the actual result from each individual play will be different. Sometimes you’ll hit one before the midpoint but lose. Some will run all the way to the end yet you still manage to win. Any & every result is possible but doing these calculations will give gamblers a good idea if a progressive is playable or not.