Apparatus, system and method for awarding progressive or jackpot prizes

1. A gaming system comprising at least one gaming machine, said at least one gaming machine having a credit input mechanism configured to receive a physical item associated with a monetary value for establishing a credit balance, the credit balance being increasable and decreasable based at least on wagering activity, and a player interface configured to receive one of a plurality of wager options, providing a game in which a plurality of symbols are presented on a display and if a winning combination occurs in the presented plurality of symbols, the gaming machine awards an award, the gaming system comprising:

an electronic processing system comprising at least one jackpot controller configured to, in accord with having established the credit balance via the credit input mechanism of the at least one gaming machine receiving the physical item,:

maintain a plurality of jackpot prizes that can be won through play of said at least one gaming machine, said jackpot prizes being funded by respective ones of a plurality of progressive pools dependent on said play and the wager option received at the at least one gaming machine, the wager options comprising n distinct wager options for which the probability of winning a jackpot prize is different, resulting in differences in a return-to-player between the wager options, and associate each wager option with one of the jackpot prizes, each of said distinct wager options being associated with at least one progressive pool;

monitor for an occurrence of a jackpot winning outcome, and on the occurrence of the jackpot winning outcome, associate the occurrence of the jackpot winning outcome with the received one of said wager options and pay the jackpot prize associated with the received one of said wager options; and

determine, for each of the jackpot prizes, a fixed jackpot amount that cannot be varied once initially seeded so as to reduce the differences in the return-to-player between the wager options.

2. The gaming system of claim 1 , comprising a plurality of gaming machines, each of which contribute to the progressive prizes and win one of the progressive prizes on the occurrence of a progressive winning outcome.

3. A method of providing a game on a gaming system having a display, said at least one gaming system a credit input mechanism configured to receive a physical item associated with a monetary value for establishing a credit balance, the credit balance being increasable and decreasable based at least on wagering activity, and a player interface configured to play a game, and to receive one of a plurality of wager options, the plurality of wager options comprising n distinct wager options, the method comprising:

establishing a credit balance via said credit input mechanism receiving the physical item;

in accord with having established the credit balance via the credit input mechanism receiving the physical item, maintaining a plurality of winnable jackpot prizes;

presenting via the display a game play of the game at least one symbol to form at least one outcome from a plurality of outcomes comprising a jackpot winning outcome;

funding the plurality of winnable jackpot prizes through respective ones of a plurality of progressive pools dependent on said game play of the game;

associating each of said distinct wager options with at least one progressive pool;

awarding one of the plurality of jackpot prizes on an occurrence of the jackpot winning outcome during the game play of the game; and

receiving one of the plurality of wager options on the formed at least one outcome, wherein a probability of an occurrence of the jackpot winning outcome per unit wager is different, wherein n is at least two and each of the n distinct wager options is associated with one of the winnable jackpot prizes,

when the jackpot winning outcome occurs in a game play, awarding the jackpot prize associated with the wager option made in the game play; and

determining, for each of the jackpot prizes, a fixed jackpot amount that cannot be varied once initially seeded so as to reduce differences in a return-to-player between the wager options.

4. The method of claim 3 , including forming a plurality of said outcomes and allowing the player to select both the number of outcomes on which to stake a wager and the amount of the wager that is staked on each of the selected number of outcomes, so as to form a total wager value representing the product of the selected number of outcomes and the wager staked per outcome, wherein at least one of the wager options can be made by staking any one of a plurality of different total wager values.

5. A gaming system comprising at least one gaming machine, said at least one gaming machine having a credit input mechanism configured to receive a physical item associated with a monetary value for establishing a credit balance, the credit balance being increasable and decreasable based at least on wagering activity, and a player interface configured to receive one of a plurality of wager options, providing a game in which a plurality of symbols are presented on a display and if a winning combination occurs in the presented plurality of symbols, the gaming machine awards an award, the gaming system comprising:

an electronic processing system comprising at least one jackpot controller configured to, in accord with having established the credit balance via the credit input mechanism of the at least one gaming machine receiving the physical item,:

maintain a plurality of jackpot prizes that can be won through play of said at least one gaming machine, the jackpot prizes being funded by respective ones of a plurality of progressive pools dependent on said play and the wager option received at the gaming machine, the wager options comprising n distinct wager options for which the probability of winning a jackpot prize is different, resulting in differences in a return-to-player between the wager options, and associate each wager option with one of the jackpot prizes, each of said distinct wager options being associated with at least one progressive pool;

monitor for an occurrence of a jackpot winning outcome, and on the occurrence of the jackpot winning outcome, associate the occurrence of the jackpot winning outcome with the received one of said wager options and pay the jackpot prize associated with the wager option; and

assigning values that cannot be varied once initially seeded to the jackpot prizes so as to reduce the differences in the return-to-player between the wager options.

6. The gaming system of claim 5 , wherein at least one of the wager options is associated with a plurality of different wager values.