Progressive Jackpots in Online Slot Games: What You Need to Know
Online slot games have gained immense popularity in recent years, captivating the hearts and minds of countless players seeking thrilling entertainment and potentially life-changing wins. Among the various features that make these games truly captivating, progressive jackpots stand out as the ultimate prize to chase.
In this blog post, we will delve into the world of progressive jackpots in online slot games and explore everything you need to know about these enticing opportunities. Whether you are a seasoned player or just starting your online gambling journey, understanding the mechanics and allure of progressive jackpots is crucial to enhancing your gaming experience.
Unlike regular slot games, where the jackpot remains fixed, progressive jackpots continue to grow until a lucky player strikes the winning combination. With every bet placed by players across multiple platforms, a portion of the wager contributes to the ever-increasing jackpot, resulting in staggering prize pools that can reach astronomical figures.
We will uncover the inner workings of progressive jackpots, including the different types, how they accumulate, and the strategies you can employ to increase your chances of claiming that elusive jackpot. Moreover, we will shed light on some remarkable success stories, where ordinary players transformed their lives overnight by hitting the jackpot of a lifetime.
Unlike regular jackpots that are static, progressive jackpots are fluid. Progressive jackpots keep increasing every time the reels are spun.
You can find many progressive slots at almost any online casino. The enormous payouts of these games make them quite popular with players – join now.
But what are progressive jackpots, and how do they work? Find out by reading this article.
What are Progressive Jackpot Slots?
Progressive jackpot slots are a unique type of machine whose jackpot prize grows until a lucky player hits a winning combination. Usually, after a jackpot is won, the machine sets itself to the base value, which starts to grow again.
These games work by adding a percentage of every player’s wager into the prize pool. So, the more punters place the bets, the quicker the progressive jackpot grows.
Progressive slots are run over a network in various casinos; therefore, the same prize amount is availed at all interconnected casinos offering that game. It means that the top prize can be won by someone playing in a different casino from the one you are playing at.
How Progressive Jackpots Work
Generally, all slots work similarly. Gamers must spin the reels to land a winning combo. Slots have random number generators (RNGs), which generate thousands of numbers per second. Each number is linked to a different number combination.
The RNG determines whether you land a winning or losing spin. Therefore, it’s impossible to predict a win.
Progressive jackpots differ slightly from regular slots. Usually, progressive slots build up a massive jackpot by deducting a small percentage of every gamer’s wager and including it in the progressive jackpot contribution pot. The amount continues to grow until it won.
It works in the following way:
The Contribution
Each time a player places a wager, a part of it funds the jackpot. Usually, the contribution is a small percentage of the player’s wager. This amount goes to feed the jackpot prize.
The Seed
Progressive jackpots have a set base value from where it starts to grow. No progressive jackpot slot starts the prize amount at £0.
The base value or starting point is what is known as the seed. It is what the game supplier or casino guarantees players. Therefore, if a player wins the jackpot amount and another one also wins in the next second in a different casino, they don’t get a £0 jackpot prize.
Each casino or game provider has their seed amount. For example, the amount could be seeded at £1 million.
Types of Progressive Jackpots
There are three main types of progressive jackpot slots.
Standalone Jackpots
These jackpot slots are not connected to other games, so they are funded by and paid out on a single machine. Therefore, the jackpot offered is smaller, but the chances of winning are higher as few players compete for it.
Local Jackpots
Local jackpots are linked across several machines in an online casino. Unlike the standalone progressive slots, these pay out much more significant since many machines contribute to the prize amount.
Networked Progressive Slots
Networked or wide area progressive slots are connected across multiple casinos and sometimes across different brands, just look here. It means that the prize pool is relatively high, but the chances of hitting the jackpot are very low.
