If you are into casino gaming, you must have at least once heard the term “Jackpot”. As much as it sounds lucrative, it comes in different types and not many users have a big chance to win it. It’s a high-risk, high-reward feature of an online casino game.
This article explores casino jackpot slot features, their types, developers, pros and cons, and how to play them.
What Are Progressive Jackpot Slot machines, And How Do they Work?
A progressive slot machine adds a tiny percentage of each bet to the jackpot. Ultimately, the machine will continue until someone wins the jackpot with a huge payout.
After a jackpot winner is announced, the machine will reset to its initial base jackpot and start taking fractions of the losing bets until another big winner is detected. Throughout the machine’s lifetime, this cycle will recur.
Progressive jackpots, in contrast to standard, fixed jackpots, are built and paid out via a special structure:
- Bet Percentage: A tiny fraction of every wager on a progressive slot machine goes toward satisfying the jackpot.
- The network of machines: many progressive jackpots are linked across numerous machines in the same casino or within different casinos. Thanks to this network, the jackpot can rise at a faster rate because the wagers of several participants go toward a similar total.
- Each progressive jackpot has an initial value determined by the casino or game developer. Following a winner’s declaration, the jackpot sum returns to its initial value and grows.
- Outline: To entice players, the machine usually prominently displays the current value of the progressive jackpot.
Pros and Cons of Playing Progressive Jackpot Slots
Playing progressive jackpot slots comes with its pros and cons. Here’s a detailed list:
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How to Play Progressive Slots
Starting with progressive slots is simple. This step-by-step instruction will get you started:
Select a Progressive Slot
Choose a progressive slot game to play. Choose a theme or style that interests you.
Bet It
Set your bet after selecting a slot. Here’s how:
- Choose the coin denomination you want to bet. Each coin you bet has this value. Most progressive slots let you choose coin denominations.
- Choose how many coins to bet per payline. Some slots let you bet numerous coins per line, boosting your odds.
- You can pick how many slot paylines to activate in progressive slots. Activating more paylines raises your odds but also your bet.
- Bet Max (Optional): If you’re feeling lucky and want a shot at the maximum jackpot, use the “Bet Max” option to automatically select the highest coin value, maximum coins per line, and all paylines.
Spin Reels
Spin the reels after setting your bets. The slot’s interface determines whether you click “Spin” or pull the virtual lever. Spin the reels, and symbols will land randomly on the paylines.
Await the result
Progressive slots are luck-based, and each spin is random. To win, you need a winning symbol combination on an active payline. Remember that winning the progressive jackpot is unusual and luck-based.
Developers of Progressive Jackpot Slot Machines
Here is a list of progressive jackpot slots of popular software developers:
- Microgaming: Pioneering online gambling, Microgaming’s Mega Moolah has set world payout records.
- NetEnt: Swedish developer known for high-quality graphics and engaging gameplay, NetEnt’s Mega Fortune and Hall of Gods are popular progressive jackpots.
- Playtech: Offering premium gaming experiences, Playtech’s Age of the Gods series is a well-known progressive jackpot.
- IGT: A leading gaming provider, IGT has created iconic progressive jackpots like Megabucks.
- Play’n GO: Swedish developer focusing on mobile-friendly games, Play’n GO’s Anacondas Strike and Baker’s Treat are the best progressive jackpot slots.
Progressive Slots With the Best Bonuses
Progressive slots come with their unique bonuses. Here’s a breakdown:
Free Spins
Progressive slot bonuses often include free spins. They let players spin the reels without betting, improving their chances of winning. Free spins usually activate bonus features or the progressive jackpot.
Wilds
Wild symbols are another famous progressive slot bonus. They can replace any reel symbols except the scatter to form winning combos. Wilds can appear stacked or enlarged, enhancing high win chances.
Multiplier Bonus
Progressive slots with multiplier bonuses multiply winning combinations. This can be lucrative when combined with free spins or wild symbols. Simple 2x or 3x multipliers to complicated systems that raise earnings exponentially are multiplier bonuses.
Bonus Rounds
Special symbols or combinations initiate bonus rounds and interactive mini-games. These rounds can award big prizes, including the progressive jackpot. Bonus rounds can be treasure hunts or trivia quizzes.
How to Increase Your Chance of Winning
Here’s how to increase your chances of winning in progressive slots:
- Play maximum bet: Progressive jackpots often need maximum bets to win.
- Choose high-RTP games: Slot machine RTP is the proportion of money returned to players. Choose high-RTP games for greater odds.
- Use extra features: Progressive slots often feature bonus rounds and free spins to boost your odds.
- Bankroll management: Set and follow a budget. Avoid pursuing losses, which might worsen finances.
- Play at trustworthy casinos: Play at licensed and regulated casinos for fairness.
Progressive Jackpot Slot Games on Android and IOS Phones
Mobile phone slot games that provide progressive jackpots are currently experiencing a surge in popularity. When it comes to gaming on the go, cell phones are the perfect device because of their portability and simplicity.
Modern phones equipped with powerful CPUs and high-quality graphics are essential to offer a seamless and fun gaming experience. Mobile applications provide a user-friendly interface and frequently contain exclusive bonuses and promotions, making playing your preferred progressive jackpot slots even more convenient.
Best Progressive Jackpot Slots
There are several important considerations to make while choosing progressive jackpot slots:
- The more money up for grabs in the jackpot, the more thrilling the possibility of winning is.
- Rate of Return: A greater RTP suggests a more favourable long-term probability of winning.
- Extra Features: Extra features like free spins and wild symbols can improve the gameplay and boost your chances of winning.
- Pick a game that appeals to you regarding its topic and how it is played.
Some of the most played progressive jackpot slot machines include these:
- Huge prizes of up to a million dollars are the hallmark of the classic Microgaming slot machine Mega Moolah.
- Mega Fortune: With a lavish theme and three progressive jackpots — a Rapid Jackpot, a Major Jackpot, and a Mega Jackpot — Mega Fortune is a game by NetEnt.
- Hall of Gods is another Norse mythology–themed NetEnt game featuring a progressive jackpot connected to other games in the Age of the Gods series.
- The Fate of the Gods, an Age of the Gods slot machine by Playtech, offers players the opportunity to win a life-changing sum through a progressive jackpot linked to other games in the series.
- Anacondas Strike: This exciting new slot machine game from Play’n GO takes players on a wild jungle trip with a randomly triggered progressive prize.
Biggest Progressive Wins in Slots
Las Vegas’ Excalibur Hotel and Casino had the highest slot machine win ever. Los Angeles-based 25-year-old software engineer tried Megabucks slots on March 21, 2003. The young man started with $100 and reportedly didn’t know it was a progressive jackpot machine. He landed the jackpot on his first spin, winning $39.7 million.
The second-largest slot machine win occurred in Las Vegas, the world’s most famous gambling destination. Cynthia Jay-Brennan, a cocktail waitress, and her fiancĂ© visited the Desert Inn Casino on January 26, 2000. She tried Megabucks, the slot machine the anonymous $34.9 million winner played.
It turned out that choosing Megabucks altered her life, as she landed the jackpot on her ninth spin and won $34.9 million.
As we count down the top 10 slot winnings, Las Vegas, the world’s gambling center, will become familiar. At Palace Station Resort in Sin City, the third-place entry was won. A local retired flight attendant, who requested anonymity, tried the Megabucks slot machine on November 15, 1998.
She accidentally loaded $300 onto the ATM instead of $100. After losing $100, she hit the jackpot with the unintentionally added money, winning $27.5 million!
Who Pays out Progressive Winnings on Slots?
Usually, part of the bets made on the game by all players fund the progressive jackpot prize pool. Every spin so helps to build the increasing jackpot pool. The jackpot resets to its beginning value after someone wins; the prize is removed from the pool. This guarantees that the jackpot keeps expanding, drawing new participants and raising the possible payoff.
Types of Jackpots
Here are the best progressive slot machines:
- Jackpots that progress over time when people bet on the game. Some of every stake adds to the jackpot pool, therefore increasing the possible payoff.
- Linked across several online casinos, network progressive jackpots create huge reward pools. Usually, with this kind of jackpot, the possible prizes are highest.
- Fixed Jackpots: These jackpots have a maximum value set. The jackpot resets to a set value whenever it hits its maximum, guaranteeing a constant pay-off.
- Linked to a particular casino slot or game, local progressive jackpots offer a lesser possible payoff than network progressive jackpots.