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Need help or advice? We've gathered some of the most popular questions about progressive jackpots and had our expert give some answers.
Progressive slots are like normal slot games but with one massive difference, there's a huge jackpot up for grabs. You can win millions on one spin of the reels and it's this giant jackpot potential that makes progressive slots such a hit with players at both land-based and online casinos.
All progressive jackpot slots work in a similar way to one another. The progressive jackpot carries on growing, getting bigger and bigger, until one lucky player wins it.
How you actually win the jackpot can vary from game to game but most slots have a special Jackpot Bonus Game where your progressive jackpot win will be revealed.
Playing progressive slots is identical to playing normal, non-jackpot slots. All you have to do is select how many lines you want to bet on, what your bet will be and then spin the reels.
If you're looking to win big, then yes. Progressive slots offer you the chance to win a life-changing amount of cash in a matter of seconds, whereas a standard slot only gives you the chance to win a maximum prize of up to ,x your bet.
The odds of winning on a progressive slot are pretty much the same as the odds of winning the lottery but the big difference is that you have way more chances to hit a progressive slot jackpot.
That's because of the amount of spins you can take during a gaming session. Unlike the lottery where you buy a ticket or maybe 10 if you're really serious , in a progressive slot you can fit hundreds of spins into an hour and that means hundreds of unique opportunities to pocket a fortune.
Without a doubt, the most popular online progressive slot game is Mega Moolah. The slot is made by the Microgaming software company and offers the largest jackpot in the world.
Microgaming and NetEnt software have a whole host of different jackpot slots and they're all well-known for paying out record breaking amounts of cash.
If you look at the list of the biggest jackpot payouts above, you'll notice that all of them are produced by either NetEnt or Microgaming.
The best progressive jackpot games 6. Progressive jackpot software providers 7. Progressive jackpot strategies 8. Some facts and myths about progressives.
Introduction While playing at any casino game, either online or at a land based site, can bring big rewards, the quickest way to a potential fortune is to play a progressive jackpot game.
With hundreds of online casinos, each with thousands of players, progressive jackpot machines have become some of the biggest attractions, and as well as slots games, you can now find progressive Poker, Blackjack, Video Poker and more, although slots remain the most widespread titles.
Progressive payouts When the jackpot is struck, the lucky player is actually paid by the game developer, not the casino, although the funds will be credited to their casino account.
It's normal practice for the prize to be paid out in one go, although in some cases it is paid out in instalments, and depending on where the winner lives, there may be taxes to pay on the prize.
The best progressive jackpot games. Which progressive jackpot to play is largely a matter of personal preference.
You could play one where the prize is awarded instantly, at random, or choose a game where a bonus game can lead to the big payout.
There is of course, the option to play either online or at a land based casino and gambling centres as Las Vegas, Monaco and Monte Carlo also have some massive progressive prizes that can be won by holiday-makers looking to return home with a fortune.
Microgaming, Net Ent, Novomatic and Playtech are all examples of software developers who devise and supply the games that are then licensed for use by the various online casinos.
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Best Arabian Nights casinos. Best Empire Fortune casinos. The Stand-Alone Progressive Local : This type of a progressive slot game is not linked to other machines.
Only bets from that specific casino increase the prize pool. They grow more slowly but due to limited availability are less frequently won.
The in-House Progressive Jackpot Local : These types of slot games are linked across different slot sites which are owned by an individual company or online casino.
Bets from all connected casinos contribute to the jackpots of one or more slots at the same time, which for example, is the case with all Mega Moolah slots.
This type of jackpot multiplies quickly and is also won most frequently. Hybrid Progressive Jackpot: Some slots have one jackpot usually the biggest one which is networked, and others which are local.
RTP How to Win a Progressive Jackpot I wish I could tell you that there are many strategies to winning a progressive jackpot. Progressive jackpots can usually be won in three ways: They are activated randomly during the base game — Slots with the Mega Moolah jackpot, the Age of the Gods series from Playtech or the Jackpot King from Blueprint Gaming are some examples.
By landing symbol combinations — These types of jackpot slots are rarely found these days. This is more relevant to table and card games where players may win the progressive prize with a certain hand.
Bonus games — Unlike randomly triggered jackpot bonuses, with this type of games, players usually need three Scatters to enter a jackpot feature. Games with a Progressive Jackpot The majority of progressive jackpots can be found in slot machines.
Best Progressive Jackpot Slots — TOP 5 Jackpot slots have gained a lot of attention and publicity lately, which is also why there is more choice than ever before.
NetEnt bonus. Welcome bonus. New customer offer. Fun Casino. Tips for Making the Most of Progressive Jackpot Games Progressive jackpots are some of the most exciting games that online casinos have to offer.
Here are some tips that you should take into account when choosing to try your luck at one of these games: Choose carefully where you play — stick to casinos which pay the jackpot in one lump sum and not in instalments.
If you are not an expert, pick one of the sites that we recommend. Use our lists for help — the biggest wins at online casinos usually come from progressive jackpots.
Pick jackpot slots which are past their triggering point. Not all jackpot games are created equal — have a look at the variance and RTP, which can be significantly below average.
Get to know the progressive slot before betting — play it for free for a couple of rounds and read the full instructions.
Sometimes players must play with the maximum bet to be eligible for the top prize. Jackpot slots may not be as random as you think — with some games, the probability of winning the main prize positively correlates with the bet size and current jackpot.
Remember to stick to your budget — only play with money you can afford to lose. Offering mind-blowing jackpots of millions of dollars, progressive slots are among the most popular casino games on the market today.
Although experienced players are well aware that there are plenty of games with a much lower house edge such as blackjack or poker, they still flock to popular networked progressives.
Their motivation is obvious — no other game can provide such high payouts. This type of slot machines is still widely spread in brick-and-mortar casinos all over the world but its popularity has slightly sunk after the rise of web-based casinos.
Meanwhile, players know that with a little bit of luck, they can collect life-changing winnings with a single bet worth only a few dollars. Unlike most slot games where the jackpot is fixed, progressive slots have incrementally increasing jackpots that grow with every bet placed on them.
The idea is quite simple — a small percentage of every wager feeds the pool of money until one lucky player hits the winning combination that triggers a jackpot payout.
Logically, the highest jackpots can be won on games with the highest bets and the most players. Several interesting things should be taken into consideration before investing your time and money into a progressive game.
One of the essential things players need to learn is the how to qualify for the jackpot because not every bet on a progressive slot can lead to winning the attractive payout.
There is another important component in this kind of games. Once the jackpot is won, the amount of the highest payout resets and gets back to the level from which it started.
The odds of hitting a progressive jackpot on a slot game are extremely small — often smaller than winning the lottery, and if we remove the jackpot from the calculation, the house edge becomes very different.
Qualifying Additional Tips Many of these games would require players to place maximum bets for the chance of hitting the big win. For this reason, players should decide for themselves whether chasing the jackpot is really worth it — it is if you are playing a relatively loose game and you have a sufficiently big bankroll.
Some of the most popular progressives right now pay out the jackpot when you play with the maximum number of coins usually 5 or 10 , but you can avoid bankruptcy with the help of a simple strategy.
You should play with 10 coins but at the same time, choose a small coin denomination to keep the size of every bet more suited to your budget. Jackpot Meter Additional Tips However, progressive jackpots do not start from zero but from a preset minimum level, known as a seed.
For example, the progressive game you play regularly with the hope of winning pays out your dream prize to another player.
Almost all progressives feature a jackpot meter — this is the digital representation of the constantly rising pool. Games display how much the jackpot advances in order to attract more players.
But it is a useful tool for casino customers, as well, because they can see when the sum becomes attractive enough for them to start placing bets.
The jackpot meter also shows whether a particular slot is popular or not. In popular games that attract more bettors, the jackpot size escalates much more quickly and the displayed amount rises accordingly.
Odds and Expected Return Additional Tips The combination of symbols that triggers the massive payout is rare and on average, comes once in at least several million times.
In fact, the odds of winning the jackpot in the popular progressives you can find online range greatly from 1 in , to 1 in 50 million.
However, you do not have to play 50 million times in order to win. If you are lucky, you can collect the big prize with a single bet. According to slot experts, the return percentage of progressives is much smaller than the return of flat-top slots.
A return or payback percentage in a slot machine or another casino game is the average amount of money the player receives back as winnings.
In progressive slots, however, a portion of the bet goes to feed the jackpot pool. The unfavorable odds, however, would hardly stop punters from playing progressives.
From the house perspective, a key financial consideration of such jackpots is that the portion of players' wagers directed to the jackpot are, in essence, only funding the portion of the jackpot within its specified "range.
If the random number generator gives each value within the jackpot "range" an equal chance of being the "winning" value then under these conditions "seed money" from the house would likely account for over half of the jackpot's total funding, for which the house would presumably need to compensate by increasing the house edge of the main game.
To counteract this issue and increase the average amount wagered before each jackpot is won, the mathematical formula used to calculate each jackpot is often skewed in such a way that makes it likely the actual average and median jackpots will be well above the average of the published minimum and maximum values.
In some games such as video poker , blackjack , or Caribbean stud poker , it is possible to compute an optimal playing strategy based on the average payoff the amount of payoff times the chance of payoff.
When the progressive jackpot is less than the break-even point, there is a negative expected value house edge for all players. In the long run, with optimal strategy, a player can profit by only playing progressive games when their jackpots are above the break-even point, although the "long run" can be quite long, tens of thousands of plays.
The break-even point cannot be easily calculated on a slot machine game, because the payback percentage for the game is normally unknown to the player.
The break-even point in poker-based games can be calculated because the payback percentage for the game is a function of the paybacks and odds of the poker hands, which is based on a standard card deck.
The return of a slot machine is based on the published paytable, but also on the normally unpublished reels. For a five-reel slot machine, the player would need to know each symbol on each of the slot machine's five reels in order to calculate the odds.
For a three-reel slot, the reels are normally weighted, and this would not be possible. However, in some circumstances the manufacturer may publish the payout of their machines.
Many online casinos allow the same game to be played in multiple currencies, in which case the break-even point and average return to player can change depending on the player's currency choice.
This is because the jackpot amount may be converted between currencies so that the same amount is paid out to the winner no matter their currency choice, but the wager required to qualify for the jackpot is not.
In such cases, it is beneficial for the player to play in dollars, as the qualifying wager is a smaller proportion of the jackpot. Thus the break-even point will always be lower and the return to player will always be higher while betting dollars.