Multi-Currency Progressive Jackpot Seed Management
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Solution Overview
Problem
Current multi-currency progressive jackpot systems face challenges in maintaining consistent return-to-player (RTP) percentages across different currencies due to fluctuating exchange rates, leading to uneven player experiences and potential regulatory issues.
Innovation Solution
Implementing a multi-currency progressive jackpot system that uses a primary and secondary currency with a temporally linked exchange rate, where a seed amount is added to ensure consistent RTP, and employing delayed seeding to manage seed value fluctuations, allowing consistent initial meter values and smooth player experience.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If a multi-currency progressive jackpot system uses fluctuating exchange rates to convert currencies, then the system can accommodate multiple currencies, but the return-to-player (RTP) percentages become inconsistent across different currencies
Solution Approach 1:
The system performs preliminary actions by calculating expected wager contributions and determining seed amounts before the jackpot cycle begins. The seed amount is pre-calculated to ensure that when added to expected wager contributions, it produces the target RTP for each currency, preventing RTP inconsistency during the actual jackpot accumulation phase
Solution Approach 2:
The system changes parameters by adjusting seed amounts for different currencies based on their respective exchange rates and expected wager contributions. Each currency is assigned a specific seed amount that compensates for exchange rate variations, ensuring that all currencies achieve the same target RTP despite fluctuating exchange rates
2Reliability
If seed amounts are adjusted frequently to account for exchange rate changes, then RTP consistency is maintained, but player perception of jackpot stability deteriorates
Solution Approach 1:
The system performs preliminary calculation of seed amounts before the jackpot cycle starts, based on expected wager contributions and exchange rates. This preliminary action ensures RTP consistency is built into the system from the beginning rather than requiring frequent adjustments during operation, thereby maintaining player perception of stability
Solution Approach 2:
The system applies dynamic exchange rates temporally linked to the jackpot cycle while maintaining static seed amounts for each currency throughout the cycle. This dynamic approach to exchange rates combined with static seed amounts allows the system to adapt to market conditions without creating confusion for players about jackpot stability
3Measurement precision
If the system uses expected wager contributions to calculate seed amounts, then RTP can be precisely controlled, but the complexity of the system increases
Solution Approach 1:
The system uses self-service by automatically calculating expected wager contributions based on predefined parameters such as jackpot cycle duration, currency denominations, and contribution percentages. The system determines seed amounts autonomously using these expected contributions, eliminating the need for manual intervention and reducing operational complexity despite the precision required
Data Source
AI summary
Disclosed herein are techniques and equipment for providing a multi-currency progressive jackpot system. In addition to a primary jackpot currency, other currencies may participate in the jackpot as well. If any currency wins the jackpot, the jackpot resets for all currencies.