Understanding Progressive Jackpot Triggering Odds
Say you want to create a New Jackpot…
Navigate to ‘Progressive Jackpot’ in the left sidebar
Click ‘Add New’
Set up your Jackpot settings — one of these will be the ‘Jackpot Triggering Odds’
In Jackpot Triggering Odds, you set the percentage odds for the Jackpot trigger. So, when set to 1%, each order has a 1% chance of triggering the order (1 in 100). The table below tells you that if you have 15k orders in a month, for example, you would need each order to have roughly a 0.003405% chance of triggering the jackpot to reach a 40% overall chance of triggering the jackpot at least once during that month.
⚡What are the Odds of Us Finding Each Other?
Well, considering you're a comp business and we're comp industry experts, they're probably quite high. But hey! We found each other, and that's what matters. We're partners now, and we've got your back. If you need any help, reach out to us. We're excited to help.