🍒 Gambler at Excalibur Las Vegas casino wins $ million jackpot playing slot machine

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Gambler at Excalibur Las Vegas wins over $5 million jackpot
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And how much will it cost you to play every day? That might be more than you want to bet every day. This is another reason why Bovada is the only online casino I've accepted advertising from for over 15 years. They use industry-standard software, it's absolutely fair, and players get their payouts, consistently. So if your goal is to actually win the jackpot which is why most people play a jackpot game , the Lotto will serve your purposes better. Let's also say that you want to play fairly frequently, because you want frequent opportunities to win, which keeps things interesting. That goes double online, because online gambling is mostly unregulated in the U. So if you're intent on gambling online, then the 1 most important thing is to pick a good casino. Of course, it's a hassle to go to a casino every day just to make one spin. But while going for a lesser jackpot with the lottery might not improve your odds as much as you like, going for a lesser amount on a slot machine probably does. That means the casinos serving the whole U. Most Americans do have access to the multistate lotterys like Mega Millions and Powerball, though, so I'll mention that the odds of winning those with one ticket are about 1 in million. Megabucks odds from Las Vegas Sun. We can accomplish the same thing by going to a casino once a week and making seven spins at that time. Gambling problem? But people rarely buy lottery tickets at a time. But if we equalize the jackpot odds between the two games, we see that the lottery is still a much better bet. Visit Bovada. To be clear, Bovada's not perfect. But how likely is it? Call the hotline or get online help See these horror stories. So that sends us back to slots. If you have a problem with a casino like they won't pay you , then you're usually out of luck. It's no coincidence that the most successful online casinos are the ones that focus on their players. To improve your chances of winning, you can simply go for a smaller prize. One way is to play one spin a day. As you might suspect, the bigger the prize, the harder it is to win. Lotto jackpot divided by all winning tickets, since 3 jackpots were split by two winners. With a slot people generally play at least several spins, or maybe an hour or more, at perhaps spins an hour. Of course your actual results could be anywhere on the map for only spins, but this gives us a frame of reference. Let's find out. Here's the explanation for that. Another way to get a million dollars Could you live without your car?{/INSERTKEYS}{/PARAGRAPH} Here's how they stack up: Megabucks Slot vs. As you can see it takes two spins on Megabucks to get similar jackpot odds as a single lottery ticket. Win Mega Millions or Powerball lottery with one ticket 1 in milion Hit 7 in roulette, five times in a row 1 in 79 million Deal out 13 cards to each of four players from a single deck and all four players get a straight from two to Ace 1 in 61 million Win the Megabucks slot jackpot on one spin 1 in 50 million You and I each pick the same word same instance from a stack of 64 Bibles. Could you live without your car? Of the two, a state lottery gives you much better chances of hitting the jackpot, and at a lower cost. Million-Dollar Jackpots As you might suspect, the bigger the prize, the harder it is to win. Staggering, isn't it? The domain name GamblingAds. Tough odds -- what are your chances? Now, most of you don't live in Texas so you can't play the Texas Lottery, and sorry, I'm not gonna sit here and analyze dozens of individual state lotteries or other countries' lotteries. Odds of winning Megabucks or Lotto Texas over several plays Megabucks Texas Lotto Number of plays 1 2 3 4 5 10 20 25 50 1 2 3 4 5 10 20 25 50 Play every week? The table game method offers the best odds for winning a million dollars of anything we've examined so far. By contrast, you've really got to go out of your way to lose big on the lottery. Play these. For our slot machine I'll use the Megabucks slot machine in Nevada since it's the largest and most famous multimillion-dollar slot, and for the lottery I'll use the Texas Lotto since it has a similar jackpot size. A table makes this clearer. I can't count how many players have written to ask me for help because they didn't get paid by some other casino. I have a choice in whom I advertise, so I purposefully picked a casino with a good reputation where I'm confident my readers will have a good experience. Bottom line: I'm confident that Bovada is fair and reasonably safe. And the odds of hitting it are almost certainly much better than the typical prize-to-jackpot ratio of Megabucks. So the potential for loss with Megabucks is pretty big. All of us dream about winning the big jackpot. Not that I helped them, it's not what I do—if a dodgy casino won't pay you then you're on your own. Winning just a million dollars is a lot easier than winning several million dollars. My nifty calculator at right makes short work of that. That means Megabucks gives out lots more small- and medium-sized pays than the lotto. That shoots your odds of hitting the jackpot up to 1 in 4, over that year. Of course, few people play the lottery like they play a slot machine. That actually doesn't mean it's a good time to buy a ticket. Either way, if you have a problem with most U. If you want better chances of winning, skip Mega Millions and Powerball and play your state lottery instead. The big take-away here is that your chances of winning the Lotto on one play are twice as good as for winning the Megabucks slot jackpot. {PARAGRAPH}{INSERTKEYS}The best way to avoid losing money by gambling is to not gamble in the first place. But what if going to a casino even once a week is inconvenient, or there's no casino where you live? Again, we don't know these odds for sure, but it's a decent educated guess. There are exactly two games that offer multimillion-dollar jackpots: progressive slot machines and lotteries. The answers may surprise you. Here's how they stack up:. Try my calculator above to see your chances of winning Megabucks or Lotto Texas over many years. So even though Megabucks gives out lots more small pays, you have to pump six times as much money into it to get odds as good as the lotto, so you'll still wind up with losing more money by playing Megabucks instead of the lottery, for a given set of jackpot odds. We could take it even further and play spins once a year, but that wouldn't be in keeping with our goal of playing frequently so we have frequent opportunities to win, so that we're in a constant state of hoping to win. Another good thing about Bovada is that they allow me to mediate if one of my readers clicks over to them, plays the games, and has a problem they can't get Bovada to resolve. You might have a good experience with another casino I trust Bovada, and that's why I picked them. Many casinos try to find excuses to not pay winning players, especially players who have won big. Math heads obsess over the "break-even point", which is when the jackpot goes high enough that it's a "fair" bet. The good ones know they make more money with fair games and consistent payouts than the dodgy casinos, because fair play means repeat customers and good word-of-mouth referrals. My time is valuable and I wouldn't offer that service if I had to do it very often. Know that Parkinson's drugs encourage gambling. State lotteries are way easier to win than national ones, and cheaper to boot. Megabucks gets the edge on the last row, the percentage returned to players, excluding the jackpot. Equalizing the jackpot odds means we figure how much we have to play each game so that the odds of hitting the jackpot are about the same. We don't know the exact odds of hitting a jackpot on a machine whose average top prize is about half a million dollars, but we can make an educated guess. So for the cost of playing Megabucks once, you could play the Lotto three times. Multi-Million Dollar Jackpots There are exactly two games that offer multimillion-dollar jackpots: progressive slot machines and lotteries. There are six winning tickets out of the 6,, printed, so the odds are 1 in 1,, of winning by buying a single ticket. Once they got duped by a bad vendor Betsoft who provided progressive slots whose jackpots weren't winnable. Let's assume that you can afford to lose a couple of dollars each week on average while trying for the big prize. And since you can play from your home or office, you can easily play one spin once a day or seven spins once a week. Naturally you're less likely to hit the jackpot, but the cardinal rule of gambling is to never bet more than you can afford to comfortably lose. Turning all this into a strategy The table game method offers the best odds for winning a million dollars of anything we've examined so far. Outright cheating rigged games is pretty rare, but it happens. When I discovered this I alerted Bovada, and they pulled all the Betsoft games from the site, but I thought they were slow to do so and didn't offer proper restitution to affected players. Then you can turn to the Internet. That is, at some jackpot level, the average returned to players for each ticket will equal the cost of the ticket. Reason I like Bovada 4: It's fair and safe.