An online casino progressive jackpot is a jackpot that accumulates each time someone plays the game. It is not fixed and keeps on increasing until a player lands on the winning combination. Ideally, progressive jackpots offer the biggest payouts of all jackpots.
When you play to win the mega progressive jackpot, there’s a pool of casino games linked to the same prize. If a large number of players play each of the select games, they increase the kitty’s funds and increase the jackpot amount. This also applies to shared casinos. A group of casinos can share the same progressive jackpot via one or more games.
Progressive jackpots slice a percentage of every bet wagered and this adds up to the jackpot. This new jackpot is often known as the “meter” and is taken from multiple slots at once.
What makes progressive jackpots appealing is that everyone is hoping to win the mega jackpot. The competition is high but the rewards are juicier, changing the life of a player in a matter of microseconds.
The only setback with the progressive jackpot is that it has a low payout percentage compared to a standard slot machine jackpot. The larger the progressive jackpot the lower the chances of hitting the winning combination. But you have a higher chance of winning the progressive jackpot than the lottery. also here are some winning strategies you can apply:
If according to the game the maximum bet is 5 coins, play 5 coins. This is essential because you only win the maximum jackpot if you play with the maximum bet.
Progressive jackpots attract a lower payout than standard slot machines. Only dedicate a portion of your budget towards progressive slots. And play slot machines with the remaining money if it’s not your lucky day with the progressive slot machines. set up a sensible budget and stick to it.
Lookout for jackpots that haven’t been won for ages. The longer the progressive jackpot is overdue and hasn’t been won, the better the chances of someone winning it. So if you see progressive slots that haven’t been won for weeks end, test your luck, you never know.
There are three types of progressive jackpots:
Stand-alone progressive slots– these are common in land-based casinos more than online casinos. This jackpot is distinct as it is not connected to any other slot machine. The jackpot amount accumulates when a small fraction of the wager juices the jackpot kitty. But the jackpot amount is ideally small and fixed.
Proprietary/local/in- house progressive slots- these slots are linked to a group of slot machines within one casino. The slot games are developed in house by the gaming provider or the casino. This jackpot is bigger compared to the standalone one. One gaming provider can develop the same slot games for hundreds of casinos.
Wide area progressive slots- these are the most widely played and popular slot games. They are linked over a wide network of casinos and grow through the contributions of all the players. The payout percentage is relatively small for these slots but the stakes are high and juicy.
Want to quit your lousy job or buy that private yacht and tour the Maldives? Try your luck and play progressive jackpot casino:
Mega Moolah slot by Microgaming is a 5 reel, 25 payline online slot. You can trigger the jackpot and win prizes including the mini, minor, major and mega jackpots. When the wheel lands on the mega jackpot you win the ultimate cash prize available. The highest jackpot won is £17.8 Million.
Melon Madness is a 5 reel 30 payline slot. This slot game offers 5 progressive jackpots including quick cash jackpot, blitz cash jackpot, super cash jackpot, colossal cash jackpot, and mega cash jackpot. The colossal cash jackpot is the prime deal. So far the highest jackpot won is £7.5 Million.
Going Nuts is a 3 row, 5 reel slot featuring 30 paylines with five progressive jackpots plus a huge number of free spins. The colossal cash jackpot commands the highest and ultimate grand prize. Going nuts’ progressive jackpot has so far paid out £3 Million.
Progressive jackpots are the appeal of most online casinos. The allure of progressive jackpots has every online casino player on edge. The rewards are juicy and even though the stakes are high, gamers will die trying.