In progressive slots, the jackpot prize grows with each stake until it is won. Some progressive jackpots are paid out automatically, but the majority are not and can theoretically grow in size until someone wins it. Because of their large payouts, progressive jackpot slots are unique. Some slots are progressives, while others are networked versions of previously released games.
Definition of Progressive Slots
A progressive jackpot is a cash prize that grows in size each time a real money bet is placed but the jackpot is not won. Every bet counts toward the prize, which is frequently displayed in real time. The jackpot is reset to a seed amount when it is won.
Casinos and game developers wanted to offer larger prizes while spending less money. A wise game designer realized that if players funded the jackpots themselves, the reward amounts would be higher. As a result, more players would fund larger jackpots, and so on!
What Are Progressive Jackpot Slots, Exactly?
A jackpot slot machine is just what it sounds like: a slot machine with a jackpot prize, which is the largest possible payout. Jackpot slots come in a variety of styles, including:
Jackpots in Your Neighborhood
Local jackpots, as opposed to progressive jackpots, have a prize pool that is generated entirely by wagers put by players at a certain casino. Because there are fewer players contributing to the total, these jackpots are usually on the lower side, and they can only be won by players who have registered with the specific casino in question.
Progressive Jackpots That Grow in Value Over Time
Progressive jackpots offer cash prizes worth millions of dollars, but winning one is incredibly tough. These jackpots are distributed across a vast number of networks and grow with each wager made by a player. Each wager adds a little portion of the total to the grand prize. We recommend that you play The Dark Knight Rises, a Microgaming video slot.
Jackpots That Are Shared or Pooled Over a Network
The jackpots with the highest payouts are those that are part of a network or pooled together. You can win the top prize by betting on a specific pooled jackpot game at a number of different casinos. The sums of real money that can be won are astounding. Today is an excellent day to try your luck with NetEnt's Mega Fortune!
Fixed jackpots, sometimes known as cash pot jackpots, are jackpots that do not change. They are a slot game feature that is unaffected by the amount of money that players gamble. Golden Egypt by IGT is the fixed jackpot slot game that we are currently most fond of.
Slot Machines With Multiple Jackpots
Slot machines with several jackpots are just that. The majority of these extra jackpots are triggered during bonus games, while others are triggered at random. Because it has four jackpots, Microgaming's Mega Moolah slot machine is a popular multiple jackpot machine.
A Quick Rundown of How Jackpots Work
The way jackpots are calculated is influenced by a number of factors. To begin with, the number of reels on a slot machine may affect your odds of winning the jackpot. The more reels there are, the more difficult it is to win the jackpot, so stick to basic slots with 3 to 7 reels to maximise your chances of winning.
Another factor to consider is coin size, both at the minimum and maximum. If a slot machine's smallest bet is £0.01 and the maximum bet is £0.10, the machine will pay less than a machine with a minimum bet of £0.05 and a maximum bet of £0.25, for example.
Many slot machines with many reels feature large maximum rewards but low minimum payouts, such as £0.01 or £0.05. While it is true that playing the most lines increases your odds of winning, it is also true that it is more expensive than merely playing one line. Some slot machines have up to 80 paylines or more!
Examine whether the slot game offers many jackpots, as the primary jackpot isn't necessarily the greatest prize available. Take into account whether the slot game offers several jackpots. For example, the main prize could be 4,000 coins, but the bonus games could feature a 6,000 coin jackpot, bringing the total jackpot to 12,000 coins.