Dailycasinobonus’s Guide – How Progressive Jackpot Slots Work
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Understanding how slot machines work is pretty simple – in fact, most casino players know how to play them as it is considered the simplest casino game.
Although each slot game has its features and bonus stages, they all have one thing in common – there is no strategy or ability to influence the machine, and every spin a player makes – affected solely by luck.
This fact makes the game so simple and popular – since casino players don’t have to think much in every action they take.
Progressive Jackpots, on the other hand, confuses many of us and some probably don’t even know what they are. So, let’s take a look at progressive jackpots, where you can find them, how they even work and most importantly, are they worth playing?
Understanding progressive jackpots
As we all know, a jackpot is the big prize of the slot – it can win thousands, hundred thousand, and in some rare cases even a few millions of pounds.
In regular slots, jackpots ranging at the millions are pretty rare, due to the fact that the slot providers have to allocate the prizes on the assumption that more money will be lost to the slot game than the total jackpot.
Because of this, a regular jackpot will never compare to the mega wins seen on progressive games. Progressive jackpot games allow for bigger jackpots – because the prize grows continuously as the slot is played.
Every spin made on a progressive jackpot slot game – will set aside a percentage of the money lost to the slot machine. The money lost to the slot machine will add up to the progressive jackpot, which will later be collected by the lucky winner.
Instead of guessing the chances of a player winning the jackpot, the jackpot grows with the number of players playing it – this allows them to get much bigger, simply because the jackpot keeps growing until it’s won.
Online casinos have made this possible because of their massive popularity and thousands of players they have. Progressive jackpots are the biggest because every player contributes directly to the pot.
Levels of progressive jackpots
Jackpots usually come in 3 forms: Major, Minor and Mini jackpots.
The minor and mini jackpots can be won more regularly, with lower prizes, while obviously, the major jackpot comes with the lowest chances of winning.
They all tick up as players spend coins, but minor and minis stay lower as they will be won more often, and fewer coins are allocated to them, retaining the balance between the major and smaller jackpots.
How are progressive jackpots won?
Progressive jackpots are always won through bonus rounds. By spinning three scatter symbols, the slot game will open a bonus mode. Bonus rounds come in many forms, such as a wheel of fortune set up or pinball style game. From here, you can win money as you usually would with any slot bonus. But in addition, you can also win a mini, manor or if you are lucky enough – the major jackpot.
Progressive jackpots are rarely won from simply spinning the reels, so you’re almost always going to see a bonus round first.
Can we increase the chances of winning?
As we stated in the above – progressive jackpots are based on pure luck. So, if you’re looking for strategy or tactics in order to increase your odds in winning a progressive jackpot – we are sorry to inform you that there is no such way to do so.
Since the jackpot is won through a bonus round, each bonus mode is different, and since it usually has very little player interaction, there’s no real way to improve your chances. It’s all down to the luck of the spin.
On the brighter side, since a jackpot can be won as part of normal play, progressive jackpot still makes sense, as you can enjoy them like a regular slot, but with the added chance that a bigger jackpot might come your way.
It’s like a typical slot, but with more surprises in store. So if you are a slot games fan, there is nothing wrong with trying them out – who knows, maybe you could be a mega jackpot winner someday too.
Frequently Asked Questions About Progressive Jackpot Slots
The odds of winning a progressive jackpot are between approximately 30,000,000/1 to 50,000,000/1. The percentage and the amount of winning a jackpot, varies between each progressive jackpot game, as well as the time played (for example – how long has it been since the last jackpot win in a particular game).
It depends, there are progressive jackpot games that hit every few days, while other jackpots may get hit just fewer times a year.
But if we’ll look on the most popular progressive jackpot slot games available online (like Mega Moolah and Mega Fortune) – the average duration it takes for a jackpot to get hit, is on average once a month or two.
There are huge wins in the history of online gambling. In fact, almost every year, there’s a new world record. Some of the biggest progressive jackpot ever won online are – £16,304,000 (2013 – Mega Fortune by Netent), and £13,209,000 (2015 – Mega Moolah by Microgaming).