Party Poker Rebrands SNG Jackpot to SPINS & Offers $1M Prize
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A rebranding of Party Poker’s Sit & Go Jackpots game to “SPINS” is being celebrated with a special $5 buy-in that can make you a millionaire within minutes.
The odds of that happening are 1 in 1,000,000 – and you have to beat two other opponents to boot – but it’s a gamble that fans of hyper turbo, three-handed action can’t get enough of. Plus, there are plenty of other big prizes that are up for grabs after plunking down $5 for the special SPINS game.
There are eight different prize pools that could appear in SPINS once three players buy-in for $5. The prize pool will spin to either $10, $20, $30, $50, $125, $500, $5,000, or $1,000,000.
Know the Odds
The probability of landing on each is, of course, more likely on the lower end of the spectrum. Roughly 76% of the time, three players will be fighting for a winner take all prize of $10, while the prize pool increases to $20 in about 21% of $5 buy-in SPINS games.
You don’t have to be a mathematics major to figure out that your odds of a massive prize pool appearing are quite slim after about 97% of the SPINS games will be either $10 or $20 prizes for the winner. On the other hand, somebody has to be on the receiving end of the largest prizes possible, as the $5,000 prize pool will show up 6 times out of a million SPINS games and the $500 prize will be activated 20 times.
Incidentally, those top three prizes are not played under a winner take all format. All three players will share in the bounty, which is a good idea as it would be heart-breaking to land on the biggest prizes and walk away with nothing.
Take a look at the chart below that spells out the probability of hitting each prize pool and the multipliers involved. The top prize is a massive 240,000x multiplier on the $5 buy-in and reserves $100,000 in prize money for the two players who don’t win $1 million.
| Multiplier | 1st Prize | 2nd Prize | 3rd Prize | Frequency in 1M Games |
|---|---|---|---|---|
| 240,000 | $1,000,000 | $100,000 | $100,000 | 1 |
| 1,200 | $5,000 | $500 | $500 | 6 |
| 120 | $500 | $50 | $50 | 20 |
| 25 | $125 | 200 | ||
| 10 | $50 | 1,000 | ||
| 6 | $30 | 15,000 | ||
| 4 | $20 | 218,927 | ||
| 2 | $10 | 764,846 |
The rebrand comes complete with smoother animation and visual enhancements, improving on the overall poker-playing experience at Party Poker. It got a big thumbs-up from Party Poker Team Pro Sam Trickett, who said:
SPINS are quick, fun and easy to play. I can’t wait to see who will become the first SPINS millionaire, from just $5!
Wide Range of SPINS Buy-Ins
Players can expect the special $5 buy-in SPINS with a $1 million first place prize to be quite popular while the promo is in effect. But it likely won’t last forever.
What will last is the variety of SPINS games available at a number of buy-ins – from micro stakes on up to high roller territory. Currently, Party Poker hosts SPINS games at $0.25, $1, or $3 for budget-conscious players, $10, $20 or $50 buy-ins for players with bigger bankrolls, and $100 and $250 buy-ins for the big boys and girls with plenty of cash. The multipliers are the same as the $5 buy-in, from 2x to 240,000x.
Until February 17, there’s also a special $2.50 buy-in KO Series SPINS game that offers a top prize of a $1,050 KO Series ticket. That’s quite an inexpensive buy-in for a shot at a big time tournament seat. The multipliers have been adjusted for the KO Series SPINS game with 11 top prizes to be distributed per every one million $2.50 SPINS games.
The rebranded game is only a mouse click away under the “Spins” tab in the Party Poker lobby. Also a mouse click away is a 100% up to $500 bonus for first time depositors.
