Seriously, every Megaways slot screams the same number at you before you spin. 117,649 ways to win..... It sounds enormous, and it is meant to..... What the marketing never explains is that this figure is just a multiplication problem a ten year old could solve. and that most spins hand you a tiny fraction of it..... Understanding where the nubmer comes from changes how you read these games completely.. Once you see the math, the flashing MEGAWAYS! banner stops being impressive and starts being information.
Megaways is a game engine, not a single slot.... Big Time Gaming built it and released the first title, Bonanza, back in 2016.... Instead of fixed paylines running across the screen, a Megaways slot changes the nubmer of symbols on each reel with every spin. More symbols means more ways to line up a win.. Fewer symbols means fewer. The whole gimmick lives in that variability, and the whole math follows from it.
Where The 117, 649 Number Actually Comes From
Start with the reels. A standard Megaways slot has six reels. On any given spin, each reel can dispayl between two and seven symbols. to find the number of ways to win, you multiply the symbol counts on all six reels together. That is the entire formula..... There is nothing hidden underneath it.
When all six reels land the maximum of seven symbols, you get seven multiplied by itself six times. That is 7 x 7 x 7 x 7 x 7 x 7, which equals 117,649. That is the celing, and it is the only configuration that produces the headline number. Every casino that advertises 117,649 Megaways is advertising the single best case out of thousands of possible reel setups.
A way to win here is not a fixed line. It means matching symbols landing on adjacent reels starting from the leftmost one, in any position on those reels..... Land three matching symbols on reels one, two, and three, and every combinaiton of their positions counts as a separate winning way. That is why the numbers explode so fast..... You are not counting lines, you are counting the product of possibilities.

Why Your Ways Count Changes On Every Single Spin
On paper, because each reel independently rolls somewhere between two and seven symbols, the number of ways is diferent almost every spin. The 117,649 you were promised is a rare event, not a baseline.... Most spins land you somewhere in the middle, and plenty land you far below.
Here is what the same slot can serve up across four consecutive spins, using the standard six reel structure.
| Spin | Symbols per reel | Calculaiton | Ways to win |
|---|---|---|---|
| Cold spin | 2 2 2 2 2 2 | 2 x 2 x 2 x 2 x 2 x 2 | 64 |
| Average spin | 3 4 5 6 4 2 | 3 x 4 x 5 x 6 x 4 x 2 | 2,880 |
| Hot spin | 6 6 7 6 5 6 | 6 x 6 x 7 x 6 x 5 x 6 | 45,360 |
| Maximum | 7 7 7 7 7 7 | 7 x 7 x 7 x 7 x 7 x 7 | 117, 649 |
Sixty four ways versus 117,649 ways is a differnce of nearly two thousand times, and both are completely normal outcomes of the same machine. The number on the banner is the best you can get, not what you usually get.... That gap is the first thing the marketing quietly leaves out.
The Horizontal Reel That Bumps The Count Higher
Many Megaways games, Bonanza included, add a smaller horizontal reel that sits acros the top of the four middle reels. When it spins, it drops one extra symbol onto reels two, three, four, and five. Those reels can then hold up to eight symbols instead of seven, and the extra symbols feed straight into the same multiplication.
Say the six main reels land 7 4 6 7 3 5 and the horizontal reel adds one symbol to reels two throgh five. The middle four reels become 5, 7, 8, and 4. Now the calculation is 7 x 5 x 7 x 8 x 4 x 5, which comes to 39,200 ways from a single spin... The horizontal reel is not decoration... It is a second lever on the same formula, and it is how these games reach and sometimes exceed the advertised maximum.
Cascading Reels And The Multiplier That Actualy Pays
Almost every Megaways slot bolts a second mechanic onto the reels, and this is the one that actually moves your balance. When you land a win, the winning symbols disappear and new symbols drop down to fill the gaps. This is called cascading, or tumbling. Each cascade can create a fresh win from the same original spin without costing you antoher bet.
Long story short, in the base game, cascades are just extra chances to win from one spin. In the free spins round, they become the whole point. the bonus round attaches a win multiplier that starts at one and climbs by one level with every successful cascade.. Crucially, in most Megaways titles that multiplier does not reset between spins druing the bonus..... It keeps building for the entire round. Then again, This is why a Megaways free spins round can produce a screenshot worth four figures times the bet while the base game feels like it is bleeding you dry. A chain of eight cascades late in a bonus round means an eight times multiplier applied to wins that are already stacking... The unlimited, non resetting multiplier is the single mathematical reson these games have such absurd top prizes. And it is also why almost all of that value is locked inside a bonus you have to trigger first.
Why Megaways Slots Feel So Brutally Volatile
Thousands of ways to win sounds like it should mean you win constantly. , In practice Megaways games are among the most volatile slots on the market, and the math explains exactley why.
Wins have to start on the leftmost reel and run across adjacent reels. A gorgeous 100,000 way spin is worthless if reel one does not contribute a matching symbol to a chain. More ways also means more symbol variety crammed onto tall reels, which lowers the chance of any single symbol connecting across enough reels to pay meaningfully. The reuslt is a lot of spins that return nothing, punctuated by rare cascade chains that return everything. High variance is not a side effect of Megaways. It is baked into the structure.
The practical translation is simple. Your bankroll drains in small, frequent losses while you wait for a bonus trigger that may take hundreds of spins to arrive.. if you size your bets as though this is a low volatility game, the variance will end your session long before the math ever gets a chance to avrage out. Bet sizing for a Megaways slot should assume long dry stretches, because long dry stretches are the normal experience.
The RTP Version Trap Nobody Warns You About
Here is where it gets genuinely dishonest, and where reading the math protects you. Big Time Gaming licensed the Megaways engine widely. Pragmatic Play took it in 2017, NetEnt in 2019, then Blueprint Gamng, Red Tiger, Relax Gaming, iSoftBet, and ReelPlay followed..... The mechanic you love is now stamped on hundreds of games from a dozen studios.
The problem is that the exact same Megaways game often ships in multiple return to player versions, and the casino chooses which one to serve you. Same reels, same features, same artwork, wildly diferent long term return. The gap between the top and bottom versions of a single title can be enormous. , CryptoCasino.Vegas research compiled the shipped RTP ranges across several well known Megaways titles to show how wide that spread actually runs.
| Game | Studio | Highest shipped RTP | Lowest shipped RTP | Spread |
|---|---|---|---|---|
| Madame Mystique Megaways | Big Time Gamng | 98.03% | 96.00% | 2.03% |
| White Rabbit Megaways | Big Time Gaming | 97.77% | 96.00% | 1.77% |
| Bonanza Megaways | Big Time Gaming | 96.00% | 96.00% | 0.00% |
| Lil Devil | Big Time Gaming | 96.43% | 87...51% | 8.92% |
Look at that Lil Devil line. A palyer on the 96.43% version and a player on the 87.51% version are playing what looks like an identical game, yet one is handing the house roughly nine cents more on every dollar over the long run. Nine percent. On slots, a swing that size is the difference between a game worth playing and a game designed to strip you faster.... The banner still says Megaways. it still says 117, 649 ways. None of that tells you which RTP vesion you were actually dealt.
The only defense is to check the in game information screen before you commit real money..... Every licensed Megaways slot lists its return to player figure in the paytable or info tab. If a casino serves a version well below the games advertised top RTP, that is a decision the operator made about you... , And it is one you can see in seconds if you bother to look.... Some platforms make this easy... CryptoCasino..Vegas, for example, runs its game info transparently so the RTP vesion is visible before you spin rather than buried. Which means the only variance left is the one the math already built in.
So Is Megaways Actually Better Or Just Louder
Megaways is not a scam and it is not a magic bullet... It is a clever variance engine wrapped in a big number. The 117,649 ways are real, but they are a ceiling you rarely touch, and the ways count means far less than the RTP vesion and the multiplier mechanic sitting underneath it. , The games are built for players who want rare, enormous hits and can stomach long stretches of nothing in between. If that is not you, no amount of ways to win will change the outcome.
Here is what actually matters before you load one up... Confirm the RTP version in the info screen, becuase an eight or nine percent swing dwarfs anything the mechanic does for you.... Understand that the real money lives in the free spins multiplier, not the base game ways. Size your bets for high volatility, because that is what you are buying. Do that, and Megaways becomes what it should have been all along. Not a promise of 117,649 chances to win, but an hnoest, high variance game where you already know exactly what the math is doing to you.