All Progressive Jackpots
Progressive jackpots are slots game – or sometimes a group of slot games – to which an accumulative jackpot is tied. The jackpot increases (accumulates) every time someone plays on the specific slot or on one of the slots in the group, regardless of the amount he/she bets. The hype made about progressive slots is generally due to the fact that jackpots often accumulate to the tune of six figures (millions)! When a jackpot is attached to a group of slots rather than a single slot, the games need not be hosted by a single casino.
Microgaming’s Mega Moolah and Playtech’s Gold Rally are perfect examples in this regard. As this article is being written, the jackpots associated with these two progressive jackpots respectively stand at €1.03m and €3.11m and counting; fancy that! However, in June 2021, a whopping €6.6million was won. In these cases, playing at either one of the casinos hosting the particular progressive slot will cause the jackpot to increase. Once the jackpot is won, it will be reset to a predetermined minimum amount.
When a jackpot is attached to a group of progressive slots, it may be won through any of the slots in that group. Normally however, winning the jackpot would require winning with an optimal combination on one of the slots in the group, meaning that it would require a win with a maximum bet on the best possible line combination. This is not always the case however, as there are a few jackpots that one may win with a minimum bet. Talk about a cheap life changer! The popularity of progressive slots is ever increasing, probably because they offer the highest possible wins in the online casino world.
What are Progressive Jackpots?
- Progressive jackpots are slots machines which are linked to each other in terms of a grand jackpot;
- You should always bet the maximum amount if you’d like to be in the running to win the huge sum;
- The prize associated with Porgessive Slots is usually a life changing amount.
Progressive jackpots and regular video slots: what’s the difference?
To counteract the massive jackpot occasionally dished out to a single lucky winner, the smaller, more regular pay-outs are comparatively less frequent when playing progressive slots than they are when playing regular video slots. So, regular video slots tend to pay out more frequently. However, despite the fact that regular video slots do dish out large pay-outs with maximum wins, there is absolutely no comparison to the ginormous pay-outs dished out by progressive slots when the jackpot is hit.
Keep in mind that while the maximum pay-out on a regular video slot is fixed, the jackpot tied to progressive slots is accumulative. As long as it’s not won, just like a lottery, it keeps rising. This is because the house donates a proportion of its cut to the jackpot every time someone plays a progressive slot. While players will find scores of regular video slots to play at almost any online casino, progressive slots are not as common and are therefore more of a novelty to play.
Three Types of Progressive Jackpots
There are three different types of progressive slots one would come across at online casinos. Here’s a breakdown:
a) The standalone slot: This is a single progressive slot machine offering a winnable jackpot that accumulates whenever any player spins its reels. Since this type of progressive slot does not form part of a group, the jackpot amount tied to it rises to a smaller degree and at a much slower rate.
b) The in-house progressive slot: This refers to a group of progressive slots tied to a single jackpot. Each of the slots in this group would be found within a single online casino or casino network. The casino or casino network that own the slots are referred to as the progressive slot’s ‘host’. Since this type of progressive slot is made up of a group of standalone slots, the jackpot amount tied to it rises to a larger degree and at a comparatively faster rate.
c) The network progressive slot: This refers to a standalone or group of progressive slots owned by a single network or software provider and spread over a number of different casinos. These tend to hand out the largest pay-outs of them all, with jackpots frequently running into the six figures. The examples given above (Microgaming’s Mega Moolah and Playtech’s Gold Rally) are network progressives.
Is there a strategy or trick one can use to win a jackpot?
Certainly not! Contrary to many circulating myths regarding online slots, all games are random, whether progressive or otherwise. Slots are a game of chance and trust us, you want them to be so. That is why regulation is so stringent, and certification bodies so adamant about testing casinos’ Random Number Generators (RNGs) to ensure fairness. RNGs are computer programmes that use complex mathematical algorithms to ensure randomness in the outcome of – in this case – slot spins. The RNG selects a random symbol on the first reel, then the second, third and so forth to determine the outcome of each spin.
The payback on each slot (the percentage of a player’s money a slot returns on average) is only determined by the probability of hitting a winning combination on that slot, in conjunction with the pay-out for each of those combinations. In other words, how long it’s been since the last jackpot, whether the slot has been paying out frequently of late, what time of day it is, which casino you’re playing at and any other claim made as to when a slot is more likely to render a jackpot win, are all nothing but myths. Every spin has as much chance of rendering a jackpot win as any other. In fact, a jackpot can be won on two successive spins; needless to say, the second jackpot in such a case would pay out the aforementioned ‘predetermined minimum amount’, as the first win would reset the jackpot.
Best Progressive Jackpots
The variety is impressive, and most online slots casinos have several different online progressive jackpots on the menu.
This is one of the most well-known slot machines when it comes to progressive jackpots. The jackpot can often exceed $1,000,000 and is paid out regularly. In order to win the jackpot, you must bet the maximum amount, but that’s hardly surprising considering the size of the jackpot. King Cashalot also offers a bonus game with a great payout percentage. If you want to try a game with a shot at huge amounts of money – this is the game for you.
Mega Moolah has an exciting and unusual concept: no matter how much you bet, you always have a shot at the jackpot, but winning chances increase with the stakes. Other than that, there are four separate progressive jackpots; when the progressive jackpot wheel starts spinning, there are four possible outcomes in the form of different jackpots. The game is packaged with very nice visuals and sound.
Queen of the Pyramids
This is a PlayTech slot with an Egyptian theme – get five queens in a row to trigger the jackpot. Besides the chance to win big on the jackpot, Queen of the Pyramids also offers an amazing 100 free spins and bonus games.The combination of these elements makes it one of the most complete slots on the market, and one of PlayTech’s most popular. Highly recommended!
If I told you PlayTech has a jackpot worth over a million dollars, is that something you might be interested in? The jackpot on the Beach Life slots is very tempting indeed ($1,250,000 when this article was written).The environment is soothing, with a touch of sun, surfing and relaxation, but what’s more exciting is the possibility to hit a massive jackpot.If you manage to catch five suns on the 20th line – the money is yours.
Get ready to Play Progressive Slots and Win a HUGE SUM
So, playing progressive slots can be a heck of a lot of fun and since casinos are all about the entertainment factor, playing progressive slots is a perfectly acceptable way of spending your time at online casino. We only suggest that you inform yourself, so as not to be misled and disappointed; if you are, then it’s no longer about the fun is it? And remember this, playing online as opposed to playing in a land-based casino does NOT decrease your chances for a jackpot win. That is yet another easily dispelled myth one often hears being casually thrown about. May lady luck smile upon you and happy spinning!