Progressive Slot: Unveiling the Thrill of Casino Progressive Jackpots
Progressive Jackpot Slots
In the field of online gambling, there is a type of slot machines that can bring a player a win of thousands, and some even millions of times more than the bet. These are progressive jackpot slots, which, thanks to this special characteristic of their huge winning potential, are worthy of being placed in a separate section.
The fact that the probability of a big win on a slot machine attracts more players was noticed at the beginning of the 20th century by the marketers of the Mills company, one of the first manufacturers of casino slots. Then other creators of machines for gambling entertainment began to try to put this feature into the mechanisms of their games.
Initially, these were fixed jackpots, which can still be found most often. In other words, this is the amount of the maximum win in a particular slot machine. The progressive jackpot has an even more attractive feature.
What is a progressive jackpot?
If we create a general definition of the term progressive jackpot for gambling, then it will be as follows:
A progressive jackpot is the amount of the top prize in a game of chance, which is accumulated through several general gambling sources (lottery tickets, bets on a certain type of game) and which has no fixed limit.
But, if we are considering the progressive jackpot of a slot machine, then it is necessary to understand that we are talking about a certain or several slots, and players who spend time with it and place bets participate in the formation of the main prize.
Previously, a fairly small number of identical slots in one land-based casino participated in the accumulation of such a jackpot, then their number increased to a network of offline casinos, and with the advent of the Internet, the borders expanded to international proportions, and the amount of the progressive jackpot in some games began to reach fantastic proportions.
For example, winnings of more than $17 million on Microgaming's Mega Moolah slot machine or NetEnt's Mega Fortune.
Best Progressive slot machines
• Age of Gods - Playtech
• Divine Fortune - NetEnt
• Wolf Gold - Pragmatic Play
• Mega Fortune - NetEnt
• Cops'n'Robbers Millionaires - Novomatic
Multiple jackpots in slots
Many developers of online slots, in order to expand the prize potential, in addition to the main jackpot, include several additional ones. They drop out to players more often, but because of this, their amount is also smaller and sometimes does not even reach the one that can be obtained in the game for one of the top combinations or in the bonus round.
How Progressive Jackpots Accumulate
Winnings, the amount of which grows progressively on slots, is formed by deducting a certain percentage from each player's bet. Let's say the game is played for $1 per spin, and with each spin, a couple of cents are added to the total prize pool.
Because of this, the RTP of almost all progressive jackpot slots is somewhat lower than the standard acceptable rates. The most favorable and recommended return percentage for the game is around 96%. And in games with the accumulation of the jackpot, it is already closer to 90%. So those players who prefer to spend time playing slot machines with a high return should take this into account.
Types of progressive jackpot
As for the scale of the network for accumulating a common pool, then the progressive jackpot can be divided according to several criteria:
autonomous progressive jackpot (separate, standalone, standal one progressive) - is formed on only one slot, that is, the pool of each is isolated from the others. And such a prize does not reach large sums of millions of dollars;
local (in-house) – the progressive jackpot accumulation area is limited to one institution offline or on the Internet. The size of such a win is already much larger than in standal one progressive and its amount depends on the size of the institution itself, and how many games are connected to the network;
global ones are the most interesting and attractive progressive jackpots, as they are just a huge network, which can include thousands of slots located in various casinos around the world, and deductions from the bet go to one piggy bank.
Therefore, if the choice of a slot machine for a gambler depends on the presence of a progressive jackpot on it, then it also takes into account what coverage of participants for the accumulation of the pool it occupies. But along with the increase in the amount, the chances of winning also decrease.
How to win the progressive jackpot?
The question of the possibility of hitting a big jackpot from a slot machine arises for every gambler. And, no matter how upset it is, but the chances of a successful outcome are very small. Approximately how to win big in the lottery and, nevertheless, the lucky ones who became millionaires in one spin are announced regularly. But there are no certain strategies and systems that guarantee winning the progressive jackpot. Know this and, ⚠ if someone tries to convince you otherwise, then this person is either a scammer trying to get some amount of money from you, or he is poorly versed in the algorithms of modern slot machines.
But playing slots is much more exciting than playing the lottery, as the process is accompanied by continuous drops of various combinations, free spins, bonus games and other prize elements.
The rate at which the progressive jackpot amount increases depends on the popularity of the slots that form it. That is, the more gamblers make bets and the higher it is, the faster the growth of the main prize.
The only thing that can help increase the chances of winning, according to some casino streamers, professional players and representatives of the gambling industry themselves, is the size of the bet. The rules of some progressive jackpot slots even state that if the pay per spin is below a certain number, then such a bet does not participate in the main jackpot draw and only provides some chance of winning smaller prizes (mini, major, rapid, etc.), if there are.
Increasing jackpot indicator
In games with a progressive jackpot, its indicator is always present, by watching the numbers of which the casino visitor gets an idea about the current amount of the main prize, and if it increases quickly, then about how many players are trying to get it.
The most popular progressive jackpot slots right now are those developed by Microgaming and NetEnt, and their games really break all records for maximum wins. But it is possible that the leaders change every day, as there are many other developers who strive to gain a foothold in the top providers and provide the player with slots with the most popular features: interactivity, colorfulness, fascination, a variety of bonus games and, of course, winning potential .
Tips on what NOT to do if you win a huge jackpot
For an ordinary person living on an average or minimal income, a sum of several million dollars suddenly won in slot machines can cause inappropriate behavior. And this is confirmed by many real stories of people who were lucky enough to become winners in the lottery draw or when playing slots.It's all about the psychological factor - so much finance is in the hands, as it has never been before. Money opens the way to a variety of opportunities, but it also loves a special attitude towards itself, since even millions, as soon as they appeared, can suddenly disappear.
Progressive slots are a type of slot machine where the jackpot prize increases incrementally as players make bets. A portion of each wager contributes to the progressive jackpot, causing it to grow over time until a lucky player hits the jackpot. These slots are known for offering potentially life-changing jackpots that can reach millions of dollars. Progressive slots can be found in both land-based and online casinos and come in various themes and styles.
To win the progressive jackpot in a progressive slot, you typically need to land a specific combination of symbols or achieve a certain outcome on the reels. The requirements can vary from game to game, but it often involves landing a set of jackpot symbols on a specific payline. Some progressive slots have multiple jackpot levels, with smaller jackpots awarded for different symbol combinations. It's important to read the game's rules and paytable to understand how the progressive jackpot can be won.
Progressive slots can be worth playing, especially if you're chasing the excitement of potentially winning a massive jackpot. However, it's essential to understand that the odds of hitting the progressive jackpot are usually quite low, and winning it is a rare occurrence. Many players enjoy the thrill of trying their luck, but it's important to approach progressive slots with responsible gambling in mind. Additionally, some players prefer games with lower volatility or more frequent, albeit smaller, payouts, so your choice of slots should align with your gaming preferences and risk tolerance.