This blog takes a deep dive into the world of progressive jackpots and helps you to understand a variety of topics how they work, how to play, recommendations on some top-rated slot machines, etc. With the help of our blog, you could start to enjoy and make money with progressive jackpots.
Brief Definition of Progressive Jackpots
A progressive jackpot is a jackpot (a gambling grand prize or payout) that increases each time the game is played but the jackpot is not won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value and resumes increasing under the same rule.
Progressive slots are the most popular among jackpot games. They offer various themes, paylines, and bonus features that keep the gameplay exciting and engaging.
ALSO READ: Everything About DraftKings Casino: Honest Review
How to play progressive jackpot
Online slots with progressive features will have a jackpot pool. This grows each time a bettor spins the reels as a percentage of their stake is added to the pool. The prize amount will keep rising until someone wins. Many games have a base amount that the jackpot grows from, whereas others start from zero.
How It Differs From Standard Jackpots
Fixed jackpot slots differ from progressive jackpots in that they offer a set maximum payout that doesn’t change, no matter how many players spin the reels. Progressive jackpot slots, on the other hand, grow with each wager, making the potential rewards significantly larger.
Networked vs. Standalone machines
Functionally, there is no difference; progressive jackpots all work the same by having a base “reset amount” (the value where the jackpot starts) plus some “progression amount” (the value added to the jackpot from game play). This is true whether standalone or “networked” (generally referred to as “linked” in the industry).
The main difference is that when more than one machine is linked into the same progressive, the “progression amount” comes from all of the play from all of the machines, so for a given progression rate (percentage of wagers that go to the award), the jackpot will tend to grow faster. Or the alternative is that the progression rate can be reduced, and the jackpot will still grow as usual. So the mathematical implications of this allow for different values/hit frequencies than are practical on a standalone machine.
Types of Progressive Jackpots
Standalone Progressive Jackpots
Standalone progressive jackpots are specific to a single game or a single online casino. The jackpot is generated solely from bets placed on that particular game or casino, resulting in smaller prize pools compared to networked jackpots.
Local/Linked Progressive Jackpots
Local progressive jackpots are contained within a single machine or a group of machines at one casino. Network jackpots link multiple machines within a single casino, while wide-area progressive jackpots connect machines across multiple casinos, sometimes spanning entire regions or countries
Wide-Area Progressive Jackpots.
Wide Area progressive game is a jackpot shared between slot machine games across multiple locations. A jackpot sharing system between multiple participating jurisdictions and/or governments within and outside the State
Top Progressive Jackpot Slot Machines
Mega Moolah
Mega Moolah is a game from Microgaming that holds the world record for the largest online slot machine payout. It is the most popular progressive jackpot game available. There are five different versions of the Mega Moolah game, and they all share the same progressive jackpot network. The original Mega Moolah game has an African-safari theme. Newer versions include a Mad Hatter theme on Absolootly Mad and an underwater theme on Atlantean Treasures. Mega Moolah has five reels, three rows, and twenty-five pay lines.
Mega Fortune
Another game with a world-record payout is the Mega Fortune game from NetEnt. The highest payout was more than £17 million in 2013. Mega Fortunes is based on the lifestyles of wealthy people. The symbols include yachts, limos, diamonds, cigars, and stacks of cash
Divine Fortune
Considered a classic now, Mega Fortune is a favourite because of its low volatility, as well as one of the easiest gameplay experiences you can encounter. This slot comes with 3 progressive jackpots online, which can be accessed only once a bonus game has been triggered.
Hall of Gods
Another one of the best progressive slots is the Hall of Gods game from NetEnt. It is based on the Norse mythological gods, including Thor, Loki, Odin, and Freya. The bonus symbol on Hall of Gods is Thor’s hammer. When you get three hammers on the base reels, it will launch the bonus game
How to Play Progressive Jackpot Slots
Step-by-step Guide to Playing
- Understand What Progressive Jackpot Slots Are
- Choose a Reputable Online Casino
- Pick a Progressive Slot Game
- Fund Your Casino Account
- Set a Budget
- Bet the Required Amount
- Spin the Reels
- Watch for Jackpot Triggers
- Manage Your Session
- Cash Out Your Winnings
Caution: Always check game rules.
Progressive jackpot payouts
Progressive jackpot payouts depend on standalone, local, or network prize pools. Players contribute a small percentage of every individual wager—and the more players, the higher the top jackpot. Some casinos may pay out their jackpots based on annual installments.
Top-Rated Online Casinos with Progressive Jackpot Slots
What makes an online casino reputable
A legitimate online casino will always be licensed by a reputable regulatory authority. Another thing to look for is banking options. A legitimate online casino will accept both cryptocurrencies and regular currencies. They will also have a variety of deposit and withdrawal options available. The level of security a casino has put in place to protect players’ personal and financial data is crucial. Casinos with data, SSL encryption and other features are ranked better than those that don’t have such tools
List of Top-rated Online Casinos With Progressive Jackpot Slots
Online Casino | Rating | |
Fanatics | 4.6/5 | |
betParx | 4.6/5 | |
PlayStar Casino | 4.5/5 | |
Horseshoe Online Casino | 4.4/5 | |
Final Words
Progressive jackpots give you a chance to turn small bets into life-changing ones. By learning about these jackpots and how they work and the various types of slot machines to play, you maximize your chances to win. To have the best experience, try to be with top-rated online casinos with progressive jackpot slots. Play responsibly spin wisely and may luck be on your side.
FAQs
How do I know how much a progressive jackpot is worth?
You’ll usually find the size of the progressive jackpot displayed alongside the slot icon in a casino’s games lobby. You should also find the progressive jackpot displayed prominently when you load the slot.
Do progressive slots have better or worse odds than regular slots?
The odds of winning at an online slot are measured by the RTP, which shows what percentage of money a player can expect to win back when playing a game. In general, progressive jackpot
Slots have lower RTPs than standard slots. Players must decide if the large potential jackpots make playing a lower RTP game worth it.
Are progressive jackpot slots fair?
Yes, progressive jackpot slots at reputable casinos are completely fair. This is because they all use random number generators, which determine the result of every spin and can’t be influenced or predicted. These random number generators are regularly checked by external auditing houses to ensure their fairness.
Can I win a progressive jackpot on any spin?
Yes, you can win on any spin, provided you are meeting the requirements to win the jackpot. For example, some slots only allow the progressive jackpot to be won when betting the maximum. Note that some slots allow everyone to win the progressive prize regardless of bet size, but those betting higher amounts have a better chance of winning.