You may have noticed that some casino slots have a progressive jackpot have. What is progressive slot machine exactly, and should I pay attention to this? The answer is yes, you should definitely play slots with a progressive jackpot, as it can reach a sky-high jackpot. A progressive jackpot is a maximum win that increases every time someone plays a game. In short, it keeps rising until a lucky player wins it.
Casinos with best progressive Jackpot Slots 2023
- Name Of Casino
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How do progressive slots with Jackpots work?
Progressive jackpot slots usually take a portion of each bet placed and add it to the jackpot. This sum is sometimes called the "meter" and is normally taken from several slots at once. So if several people play a slots game at the same time, they will all contribute to and play for the same jackpot. Occasionally, the jackpots are linked to multiple titles. For example, Marvel slots are all linked, this means that players on both the Avengers and Iron Man 3 will contribute to and compete for the same progressive jackpot. This makes the jackpot bigger, but the win odds slightly lower. The way progressive jackpots are awarded varies:
Random prizes at progressive Jackpots These can occur after any spin, regardless of the outcome. For example, a certain symbol combination, just like a regular jackpot, these progressives are awarded when a predetermined number / sequence of symbols land. For example, in Geisha Wonders, when a player puts star symbols in a row or in progressive video poker, when a player gets a Royal Flush.
Bonus games with progressive Jackpot
Bonus games when a player wins the bonus feature, for example: if a player reaches the middle of the wheel in the Mega Fortune Bonus Game. Jackpot hunters must not only keep abreast of the win mechanisms, but also take into account the entry criteria, for example: minimum qualifying bets, players must wager more than a certain amount to stand a chance at the progressive jackpot.
Progressive Jackpots
These give regular players more chances to win, so always check the rules before spinning. Online slots are equipped with electronic systems known as random number generators (RNGs). These determine where the roll stops during each game and ensure that the payout remains random.
Mega Moolah – the biggest progressive jackpot
How big can progressive jackpots be online? The biggest progressive jackpot was won by an Tropez player on an Android mobile device, who wagered 75c on Mega Moolah and less than 50 spins later had won the $ 18.9 million jackpot in september 2018.
Mega Moolah was vezodiac's word for the previous record as well, landed by UK-based soldier Jon Heywood, who in October 2015 turned 25p into £ 13.2 million ($ 17.9 million), earning the progressive jackpot game a Guinness World Record title for ‘biggest jackpot payout in an online slot machine game’ . Previously, the record payout was owned by an Tropez Fin, who earned an astonishing $ 17.4 million on Mega Fortune .
Elsewhere, a lucky Betfred customer won £ 5.1 million on their Beach Life progressive slot machine, and an Aberdeenshire fisherman hit the NZ record jackpot of £ 5.4 million in 2013 on Hall of Gods .
How do you find jackpot slots with the best payout?
Most online casinos organize their slot machines by type. There is a separate tab 'Jackpot Slots' where you can find all best paying slots with a progressive jackpot you can find. Many also display the progressive jackpot meter on the main screen of the section slots to advertise the big money being offered. So if you see a rising cash meter, then you know that it has a progressive jackpot.
Types of progressive jackpots there are three types of progressive jackpots:
- The Stand Alone : A slot machine that is not connected to other slot machines. It has a fixed jackpot prize.
- The In-House : A group of linked slots with a big jackpot prize.
- The Wide Area : A group of slots that are connected from multiple casinos. The jackpot is huge, but has so many players that the chance of winning is very small.
Chances of winning a progressive jackpot
The probability of winning the jackpot on the Megabucks slot machine in Vegas was estimated at 1 in 47823012. However, since the mechanics vary between slots, it is impossible to give a simple answer to this. To get an indication of your winning chances on a specific slot, you can check for previous winners to get an idea of how often they pay out.
Frequently Asked Questions
When came the first online progressive Jackpot slots?
The first online progressive jackpot slots came into action in the early eighties when IGT games began to produce, which offered RNGs (random number generators).
What is the biggest amount ever won with online progressive jackpots?
The biggest win so far was $17,861,800 on Mega Fortune Slot by on January 20, 2013 by a lucky young man from Finland.
How do you know when a progressive jackpot is going to fall?
There is no exact way to be able to predict when a jackpot is about to fall, but you can get certain clues by finding out when the last big drop was, which you can easily find online.
Which progressive slots have the best odds?
As a general rule, with most things in life, the more you put in, the more you get out. The same goes for jackpot wins. Progressive jackpot slots that are played with higher denominations generally have better odds.