What Is A Progressive Jackpot
Progressive jackpots are gambling casino games where the jackpot amount gradually increases with every wager. These online casino games produce the biggest winners internet casinos will ever see. The best part about progressive jackpots are that when someone hits big with them, the jackpot will automatically reset to a predetermined amount for the next spin.
- What Are Progressive Slot Machines
- Progressive Jackpots In Atlantic City
- What Is A Progressive Jackpot
- What Is Progressive Jackpot Blackjack
- What Does Progressive Jackpot Mean
- What Is A Progressive Jackpot
The progressive jackpots in Stand Alone Progressive machines are much less than the progressive jackpots from linked slot machines. The In-House or Proprietary Progressive machines are composed of a group of machines that are linked together. These machines are. Dec 09, 2011 Progressive slots work because at some point the odds tip in your favor, the trick is knowing how high the progressives get. I suggest sticking.
Wizard of oz free slots no download. Every gaming enthusiast wishes to win a jackpot at some point. This is because winning a jackpot could change your life entirely.
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Progressive jackpot slots are where the BIG wins are at. These slot games have jackpots that increase incrementally as players (from all around the world) play. The jackpot amount keeps progressing until the right symbols are aligned and the jackpot is triggered. There are many progressive jackpot games to play, with big and small jackpots. WHAT IS A PROGRESSIVE SLOT JACKPOT? Winning slots in a casino sometimes seems like a piece of cake, while other times it seems that you have to develop a mastery of the slot machine. There is some really good insider information that you may find helpful on progressive slots.Progressive jackpot slots are the only slot game that regularly offers millions of dollars plus jackpots.
In the instance that you’re looking forward to winning a jackpot, and then you should consider playing progressive slots. Progressive jackpots differ entirely from a regular jackpot.
While regular jackpots are set at a specific amount, which is constant throughout the game, progressive jackpots often have the biggest payouts of all jackpots and are not fixed whatsoever.
For progressive jackpots, the amount keeps increasing as more and more players come aboard and participate in the game.
Progressive Jackpots explained
Progressive jackpots are not only played in online casino sites but such life-changing rewards can also be found in land-based casinos, lotteries, and video games and also within poker tournaments.
What Are Progressive Slot Machines
While playing online in a bid to win the progressive jackpot, time and again there is a group of games linked to the same reward. Meaning, the greater the number of players on each game played, the greater the amount in the kitty, which in turn increases the jackpot amount.
The reason why they’re progressive is the fact that they keep growing until a winner gets an exclusive winning combination.
Boosting Chances of Winning a Progressive Jackpot
It’s usually impossible to totally predict when a progressive jackpot is going to come about. Taking up your jackpot homework is vital in boosting your chances of winning a progressive jackpot.
When you commit yourself to this, you’ll learn how easy it is to locate facts and figures of available progressive jackpot games. Several online sites always give amounts that have been won on specific slots together with the exact corresponding dates of execution.
With the relevant information, you’ll be able to strategies how to win the jackpot by monitoring the average figures that will ensure a good time to start playing.
Finding the jackpot that is overdue or the one that hasn’t dropped for a while is another great way of boosting your chances of winning progressive jackpots.
Over time, top progressive jackpots amass and more people definitely join to play which increases the jackpot amount. Consider slots with the biggest progressive jackpot amount when scrutinising the games lobby and those that are way higher than the rest before making a decision.
Cashing in on accounts will also ensure your money goes further. Get to know cash-out limits and any wagering requirements in place for the progressive jackpot too.
Types of Progressive Slot Machines
Standalone and local progressive slot machines have bets placed only on specific machines that feed the jackpot within a specific casino. Most current progressive machines feature multiple machines all linked together.
Depending on the casino, local progressives may include a number of slots as long as they are under £100,000. Standalone progressive machines are still available in the market today but not often.
The main feature of this slot machine is the jackpot ticker on the game with only specific bets on this particular machine feeding the jackpot. The jackpot of the games in this slot machine is usually under £10,000.
Wide area network progressive slot machines are the most popular casino games available in the market currently. A wide area network jackpot links slot machines from several casinos in a homogeneous state.
This will enable the jackpot to accumulate into massive amounts of money usually over £1 million and other times to an extent of over £10 million. Megabucks games from IGT are a renowned brand for this kind of progressives.
When the jackpot has finally been won and paid out, the slot machine will reset back to its encoded value. This value often differs from one game to another.
Summary
Online progressive slots are considered to be more thrilling when compared to the standard games because of the big prospective payouts available. If you’re playing on a casino not on Gamstop, make sure they have the games before Progressive jackpots have become popular with the increasing number of online casinos.
Hitting the jackpot with the progressive slot machine is definitely a desirable feature for any casino online casino enthusiast. There’s however no specific strategy or skill involved in achieving this.
While a number of people believe that progressive jackpots are usually scheduled, the fact is they are not. They are actually paid out at random. Look out for the most competitive offers and try your luck today.
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Top Jackpots
What is a Jackpot?
A progressive jackpot game has a maximum win pot that keeps increasing until someone wins the whole amount. Every bet on the game adds a small percentage of the bet to the jackpot value. The highest jackpots are typically the “pooled” ones, where all jackpot contributions from all the casinos that have the same game are added to a single, central pool. A pooled jackpot can thus grow to millions of dollars/euros/pounds in a short amount of time.
History of Progressive Jackpots
Progressive jackpots have evolved along with the casino industry.
The first progressive jackpots were based on a single slot machine. Because of this constraint, their amount remained limited to an average of $10 000. Even if no one would say no to an extra $10 000, this amount cannot compare with Mega Fortune’s multi-million jackpots.
In the second half of the 1980’s, with the rise of electronic slots in bricks and mortar casinos, IGT (International Game Technology) pioneered a system of progressive jackpots pool linking hundreds of slots together.
Thanks to this technological improvement, a new generation of jackpots reached an average of roughly $100 000, an amount that seemed huge at the time.
With the genesis of online casinos, new digital progressive jackpot networks link thousands of slots and players around the world. Since the late 1990’s, brands such as Microgaming or NetEnt have been at the forefront of progressive slots innovation and design. These new jackpots can now reach more than $10 000 000!
Highest Jackpot Wins Ever
Name | Win | Country | Game |
---|---|---|---|
Jonathan Heywood | €17,879,645 | United Kingdom | Mega Moolah |
Anonymous | €17,869,868 | Finland | Mega Fortune |
Marcus Goodwin | $11,633,898 | Canada | Mega Moolah |
D.P | €7,968,311 | Europe (mobile) | Mega Moolah |
Rawiri Pou | NZ$10,143,123 | New Zealand | Mega Moolah |
Wellzyc | £6,235,372 | United Kingdom | Mega Fortune |
Alexander | €8,577,104 | Sweden | Mega Fortune |
L.G. | €7,673,975 | Sweden | Hall of Gods |
George M | €6,300,000 | Greece | Mega Moolah |
Mark A | €5,375,695 | Canada | Mega Moolah |
The table displayed above includes the names or handles of the ten highest online casino progressive jackpots wins known to date. Before hitting the jackpot, these lucky players all had regular jobs and a regular life. For obvious privacy and security reasons, many winners decided to remain anonymous. But one thing is sure: their life changed, forever.
Looking at the table above, we can see that the top 10 wins came from only three different slots: Mega Moolah by Microgaming (6), Mega Fortune by NetEnt (3), Hall of Gods by NetEnt (1). The next section will carefully review these three games and more.
Top Progressive Slots
Mega Moolah by Microgaming
Both the data and most industry analysts agree that Mega Moolah is by far the most famous progressive slot available online. It has a gained a solid reputation by offering incredible jackpots. It is not a coincidence that 6 of the top 10 progressive wins in history were made on Mega Moolah.
In terms of game play, Mega Moolah is a typical five reels video slot. Its symbols are inspired by the savannah universe, with giraffes, lions and elephants. It features 25 paylines and both scatter symbols (the monkeys) and wild cards (the lion). This slot has stood the test of time thanks to multi-million jackpots and an exciting playing experience.
Mega Fortune by NetEnt
Mega Fortune is one of the best progressive slots provided by NetEnt, another heavy weight of the online casino industry. This luxury-themed five reels slot includes 25 paylines as well as a large variety of wild cards, bonuses and scatter symbols.
With three wins in the top 10 in history, a state of the art video slot design, and a 96.6% RTP, Mega Fortune has nothing to fear from its competitors.
Hall of Gods by NetEnt
Hall of Gods is another popular progressive slot imagined by NetEnt developers. Insert a coin, spin the reels, and get ready to be transported in the universe of Northern mythology, Vikings, Gods and Goddesses.
Just like the slots described above, playing on Hall of Gods is very entertaining. Be it scatter symbols or crazy bonuses, you will not be disappointed.
What Is A Progressive Jackpot
Thanks to a 95.5% RTP, this video slot is one of the most rewarding games listed in this article!
Other Leading Games
The Dark Knight by Microgaming
A list of the most popular progressive slots would not be complete without including The Dark Knight by Microgaming. This is one of the online casino industry’s first six reels slot. More reels allow a greater number of possibilities, more excitement and very high jackpots.
In addition, this slot’s symbols are taken from the world of Batman. So if you are ready to meet the Joker in person, do not hesitate to check out The Dark Knight by Microgaming on the casinos we recommend!
Winning Tips
What Is Progressive Jackpot Blackjack
- Research: the best way of maximizing your chances on a progressive slot is to look around and analyze the main characteristics of the games available online. Do you prefer 5 reels or 6 reels slots? Classic or theme-based? All of the slots included above are different, so the more time you spend choosing the right one, the better.
- Read and understand the rules: the attribution of progressive follows strict rules. For instance, some slots and casinos would require a minimum wager to be eligible for the progressive jackpots. Other restrictions might also be included in the terms and conditions of the casino. To avoid any disappointment, we recommend to carefully read the rules of the game before playing.
- Study the RTP: the RTP or “return to player” is the percentage of the wagers that a slot machine will redistribute to its players over a long period of time. You should always prefer slots with high RTPs. This is an indication that a given machine awards relatively more jackpots than lower RTP slots.
- Play within your budget: the only way to have fun on a progressive jackpot is to play within your budget. It is important to remember that slots are just a game.
- Play online: playing online on progressive slots presents many advantages. It is more practical and cheaper. In addition, because brick and mortar casinos have to cover a large amount of costs (maintenance, security, real estate…), their slots usually have a lower RTP than their online equivalents. In addition, online casinos generally offer generous welcome bonuses to new players. A great way to start having fun!
What Does Progressive Jackpot Mean
Conclusions
What Is A Progressive Jackpot
Progressive jackpots (along with welcome bonuses) are by far one of the best innovations brought by the online casino industry. So if you feel ready to try your luck at a progressive slot while receiving incredible welcome bonuses, start playing on a casino we recommend right away!