Mega Moolah Odds
First and foremost you need to make a bet that ranges between 0.01 and 0.05 for the coins. You are free to choose any number of coins you wish to play but the higher the coins you play the more the play lines are activated which increases your chances at winning Mega Moolah slot. The real odds of winning the Mega Moolah jackpot. The Mega Moolah is the most famous slot machine ever built for online game play. Its popularity comes from its ability to make instant millionaires of its players. The multi-themed network of jackpots includes a prize that seeds at $1,000,000, guaranteeing that all who get lucky enough to strike it will receive at least a 7-figure, life.
- Mega Moolah Odds Poker
- How To Win Big On Mega Moolah
- Mega Moolah Odds Against
- Mega Moolah Odds Game
- Mega Moolah Odds Games
What it Takes to Win the Mega Jackpot on Mega Moolah
Please don’t misunderstand the intention here. This is no slot hack or casino cheat. Knowing how to win the Mega Moolah progressive and actually winning it are two very different things. However, knowing what it takes, and what you can do to shift the odds, will give you a better shot at it. Let’s have a closer look.
- Odds of Winning: First things first, you need to understand what you’re up against. The actual odds of winning the Mega Jackpot are a mystery. However, we do know that a higher bet increases your odds.
- Ways to Play: The Mega Moolah isn’t a single online slot machine. There are multiple games you can pick from, all offering a shot at this glorious prize.
- Trigger the Bonus Game: To win the Mega Moolah, you must first trigger the bonus wheel game. There’s no trick to it. The bonus triggers at random while playing the slot machine.
- One Jackpot Guaranteed: The great thing about triggering the bonus wheel is that you’re guaranteed to win a jackpot prize of some size; either the Mini, Minor, Major, or Mega.
Disclaimer – Not all forms of gambling are legal in all provinces of Canada. The legal age to gamble also varies by province. Breaking the law is a serious matter. The information provided on this website is meant for educational purposes only, and we will not be held liable for any irresponsible / illegal activity on your part. Know the gambling laws in your province and follow them. The following pages provide more information on Canadian gambling laws: Alberta – British Columbia – Manitoba – Newfoundland & Labrador – New Brunswick – Nova Scotia Northwest Territory – Nunavut – Ontario – Prince Edward Island – Quebec – Saskatchewan – Yukon |
The Odds of Winning the Mega Moolah Jackpot |
The most frustrating thing about Mega Moolah online slot machines – for those of us who bother to delve this far into the subject – is that the odds of winning are unclear. Microgaming, the company that released the first Mega Moolah Slot in 2006, has never published this information. They don’t even tell us the percentage of wagers that contribute to the progressive. The best we can do is guesstimate, based on standard data. Here’s what we know…
That’s the bad news. But here’s the good news… Higher Bet = Greater Chance of Winning the Mega JackpotThe rules of the game clearly state:
This text is found in the section of rules that details the triggering of the bonus wheel game. Thus, I would assume that “higher bet = greater chance” refers to the chance of triggering the bonus wheel game itself, which guarantees a jackpot (one of the four) will be won. So, betting higher than the minimum $0.25 will drop our estimated odds of 1 in 1.2 billion to… something smaller. Let’s assume we’re betting the max of $0.25 per line, or $6.25 per spin. If the odds did not change, this bet size would drop them to 1 in 48,375,168. Since we know the odds do change, we can assume the odds would be better than 1 in 48,375,168. At half, they would become 1 in 24,187,584. Half might be a little unrealistic though. Maybe a fourth at best, which would lead us to an estimate of about 1 in 36,281,376 at max bet size. Of course, there aren’t many that would bet $6.25 per spin. Most of us wouldn’t be willing to exceed a $1/spin rate. The only thing we can say for (fairly) certain – based on the standard criteria above – is this. At $1 per spin, your odds of winning are going to be slightly better than 1 in 302,344,800. |
The Growing Mega Moolah Slots Series |
So the odds of winning this precious prize aren’t great, no matter how you spin it (pun intended). But, on average, about once every two months, someone does win it. If you’d like to throw your name in that colossal hat, you have a variety of ways to go about it. Over the years, Microgaming has released a number of slots in the Mega Moolah series. Three new titles came out in 2020 alone. Note that all versions are HTML5 optimized for desktop and mobile play. While the themes, features and RTPs may vary, the jackpots are awarded in the same way. The wheel bonus game must be randomly triggered for a chance to win the mega jackpot. Current List of Games in the Mega Moolah SeriesMega Moolah (Safari Theme): This is the original Mega Moolah slot machine, featuring the mighty lion on the African plains. It comes with 25 paylines across 5×3 reels, an RTP of 88.12%, and a min/max bet of $0.01/$0.25 per line; $0.25/$6.25 with all lines active. Mega Moolah Isis: This edition carries an Egyptian theme, led by the majestic Cleopatra herself. This version features a similar 25 lines on 5×3 reels, 88.12% RTP, and min/max bet of $0.01/$0.25 per line ($0.25/$6.25 per spin). Mega Moolah Summertime: Microgaming mixed things up with this game, featuring everything from fruits, to diamonds, to sandy beaches. Summertime is a 9-line game with 5×3 reels and an 88.12% RTP. Players can bet from $0.01/$0.20 per coin, and up to 10 coins per line, for a total bet range of $0.09/$18.00 per spin with all lines active. Mega Moolah 5 Reel Drive: A virtual mirror-image of Summertime with a cross-country auto racing theme, this game features 9 line son 5×3 reels, an 88.12% RTP and $0.09/$18.00 bet range. Mega Moolah Atlantean Treasures: Deep beneath the ocean surface lies this 10-line, 5×3 reel gem. It’s got a higher RTP of 92.08%, accepting bets of $0.10/$200 per spin. Mega Moolah Absolootly Mad: Join the Mad Hatter on a wildly insane Alice In Wonderland style adventure, featuring 5×3 reels with 243 ways to win. Players can risk anywhere from $0.20 to $50 per spin on this 92.02% RTP progressive. Mega Vault Millionaire: The latest addition to the series, it’s another 25-line, 5×3 reel game. The theme revolves entirely around affluence; diamond watches, gold bars and cold hard cash. It has the same $0.25/$6.25 bet range as the original Mega Moolah, but the higher 92% RTP of its younger siblings. |
How to Trigger the Bonus Wheel Game |
In order to win the Mega Moolah progressive, you have to trigger the bonus wheel game. This is the easy part. There’s no trick to it. All you have to do is play the game. The bonus will trigger at random. It can take upwards of 200 spins or more to trigger it, but there’s nothing more to it. And when that wheel bonus triggers… |
A Jackpot of Some Size is Guaranteed | ||||||||||||||||||||
All slot sin the Mega Moolah series carry four progressive jackpot prizes. The Mega is the biggest of all, seeding at one million big ones each time it’s won. The other three are the Major, Minor and Mini Jackpots. Each slot machine has its own wheel design, and the number of slots on the wheel may vary, but the basic rules of winning any jackpot are the same. For the purpose of detailing how to win the Mega Jackpot, I’ll refer to the original, safari-themed Mega Moolah bonus wheel. How to Win the Mega Moolah Progressive Wheel GameWhen the bonus wheel game triggers, you’ll notice there are 20 slots on the wheel. Each slot has a paw print on it, and each paw print corresponds to a different jackpot; the lion’s paw representing the Mega. The smallest, Mini jackpot prize appears in every other position, on half (10) of the wheel’s slots. The Minor jackpot shows up on 6 of the slots. Three slots belong to the Major jackpot prize. The last slot goes to the Mega. So, when the wheel bonus game starts, you know you’re going to win one of those jackpots. Take a deep breath, press the Spin button, and prepare to receive whichever prize the wheel’s arrow is pointing at when it comes to a stop. All jackpots, their original seed values, average payouts, and their appearances on the wheel are as follows. Note that the Mini and Minor jackpots pay out every few minutes and hours respectively; their exact averages (at time of writing) are unknown.
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The real odds of winning the Mega Moolah jackpot.
The Mega Moolah is the most famous slot machine ever built for online game play. Its popularity comes from its ability to make instant millionaires of its players. The multi-themed network of jackpots includes a prize that seeds at $1,000,000, guaranteeing that all who get lucky enough to strike it will receive at least a 7-figure, life-altering payout.
But is thisprogressive jackpot slot all it’s cracked up to be? Are the game’sodds so far fetched that it’s not even worth playing? This it thequestion we aim to answer today as we get down to the fine factsbehind Microgaming‘s most celebrated online slot.
The Real Odds of Winning the Mega Moolah
I should startby pointing out that, in this case, “winning the Mega Moolah”means unleashing the slot’s “mega” jackpot, valued at a minimumof $1,000,000. There are actually four jackpots that can be won. Theyinclude, and seed at:
Mega Moolah Odds Poker
– Mini Jackpot – $10
– Minor Jackpot – $100
– Major Jackpot – $10,000
– Mega Jackpot – $1,000,000
Winning thosesmaller prizes is far more common. Even the Major pays out, onaverage, every 41 hours. But that’s not the question. We want to knowhow hard it is to win the Mega Moolah; the prize for which this gamegot its nickname, ‘The Millionaire Maker‘.
First, a fewstats…
Released in 2006 by Microgaming, the Mega Moolah has…
– been struck 56 times.
– an average payout of $5,858,748.
– an average release rate of once every 8 weeks, 6 days.
– historical min / max wins of $1,013,791 / €18,915,721.
– paid out over US $328 million dollars.
How To Win Big On Mega Moolah
Don’t worry, I’mnot just spewing steam here. Some of these figures are important indetermine the odds of winning a jackpot, since…
Microgaming Doesn’t Define the Mega Moolah Odds
That’s right,Microgaming has never revealed what the actual odds of unleashing itsmillionaire jackpot are. It’s not uncommon for a slot maker to keepthis a secret. Fortunately, there are ways to get a fair estimateusing basic math principals.
We know theaverage jackpot pays at $5.86 million. Only $0.02 of each betcontributes the that jackpot. Thus it would take 293,000,000 totalspins for the jackpot to reach its average payout mark.
This would leadsus to the assumption that the odds of releasing the progressive are 1in 293,000,000.
But wait,there’s more…
The minimum betis $0.25 per spin, at which rate it would cost an average $73,250,000in wagers to release the average mega jackpot. However, one thingMicrogaming does inform its players is that betting higher amountsincreases the odds of triggering the Bonus Wheel Gamenecessary to release any jackpot prize.
They don’t tellus how much of an increase is required, or how much doing so mightincrease the odds of triggering that bonus game. So we’ll have toguestimate that information. Fortunately, the max bet on this 25-linegame is $0.05 per line, or $1.25 per spin.
If the odds ofwinning the Mega Moolah were to be cut in half with a max bet, itwould leave you looking at a 1 in 146,500,000 chance of winning, andthe cost of all those wagers would jump to $366,250,000.
Is Mega Moolah Worth Playing?
If you’re just acasual online casino player, the answer is probably, “No”.The Mega Moolah has one of the lowest theoretical return to player(RTP) percentages of any online slots game, coming in at 88.12%. Evenland-based casino slots usually pay better.
Having an 88.12%RTP means that the wagers of all players combined over a long periodof time will win back, on average, $88.12 for every $100 played. Ifwe reverse that, we get a loss rate of $11.88 per $100. So, if youwere to play the game for an hour, betting $0.25 per spin at anaverage of 10 spins per minute (600 spins / $150 per hour), you wouldtheoretically lose $17.82/hr.
Mega Moolah Odds Against
As a comparison,a similar slots experience on a machine with an industry-average RTPof 96% would result in a loss rate of $6/hr.
In the end, it’sup to each individual to decide whether it’s worth it for them toplay the famous Mega Moolah. If you’re just playing to win theprogressive, it’s probably not a good idea. Likewise, if you’re alow-budget player seeking for max entertainment, I wouldn’t recommendit. If, however, you have a substantial bankroll and don’t mindrisking more for a shot at the big prize, then I refer to the oldcliché – “Someone has to win. Why not you?”
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