What's the probability of winning the jackpot on any given spin? I'm just curious.
Jackpot probability
Started by rayriflepie [3631352] on in Gambling.
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There’s always a possibility
curious+1
There was a post I read that said it's like 1 in 264.000, but that's for higher bets.
Betting higher gives a higher chance to win jackpot (not other rewards): 100$ is 2x chance, 1000 is 4x, 10.000 is 8x, 100,000 is 16x, 1.000.000 is 32x and 10 million is 64x.
But even if you only bet 10 million, you still only got like less than 1 in 100.000 chance of hitting jackpot. So just bet 10k or 100k at a time, that's a reasonable chance for a reasonable price.