First of all, you have to understand that progressive jackpots, like lotteries, are longshots of epic proportions. You’re not likely to win. Does that mean you shouldn’t play though? I don’t think it does at all. I think a frugal gambling approach to playing Major Millions would be similar to how a lot of people play the lottery: a little bit at a time, but consistently. Most of the people I know who play the lottery buy a ticket every time. And if the jackpot is higher, they’ll buy more tickets. I think this is a good approach, and could easily be applied to our game of choice.
So here’s my proposed strategy: I’m going to play Major Millions on a consistent basis. This means I’m going to play it daily, twice a week, weekly, or every payday. Doesn’t matter what the timeframe is; all that matters is the consistency of play. But I’m not going to play big sessions, because I don’t have a huge bankroll. But I am going to play the max bet every spin, because that’s the only way to win the life-changing jackpot. Indian Matka
The next part of the strategy involves how many spins I’m going to take per session. And what I’m going to do is increase the number of spins I make based on the size of the jackpot, the idea being that the higher the jackpot, the better the payout percentage. (Although realistically speaking, I won’t see a higher payout percentage because of a bigger jackpot unless I eventually win the jackpot.)
So here’s the strategy. I’m going to bet $3 or $6 per session, because I don’t have a lot of money. BUT if the jackpot is past a certain amount, I’m going to take additional spins based on the following schedule:
$250,000 – $499,999 – 1 $3 pull per session
$500,000 – $749,999 – 2 $3 pulls per session
$750,000 – $999,999 – 3 $3 pulls per sesssion
$1 million + – 4 $3 pulls per session
I’m not personally going to wager more than $12 per session on a progressive, because like I said, I have a small bankroll. And I’m probably going to be playing daily instead of weekly. If you have a smaller bankroll than I do, you might decide to only play weekly, and that’s definitely an okay plan. And if you have a bigger bankroll than I do, you might be playing daily, but you might play more spins than I’m willing to at each level. But I think increasing your bets as the jackpot grows larger is a smart thing to do, just like ranging your bets in blackjack is a smart thing to do when the deck is rich with 10’s.
And as always, this strategy assumes you have the money to play with. Don’t gamble the rent money away on something like this, and make sure that you’re getting some enjoyment out of the process. Otherwise, it’s just money wasted.