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Progressive jackpots mean the world to some players. They try relentlessly to hit huge jackpots. But some jackpots aren’t offering shocking values and can be as tiny as several hundred dollars. Of course, they are not newsworthy and some gamblers don’t even suspect such small amounts can also represent progressive jackpots.
When planning a progressive jackpot hunt, check its terms first. You need to know if casinos have special requirements for bets that qualify for a jackpot. Take into consideration that there are generally some rules applied to jackpot bets. If you fail to read them, you risk finding yourself in a really frustrating situation when you get a jackpot combination but never win progressive jackpot because your bet wasn’t qualified.
How Do Jackpots Progress?
A small bit of every qualifying bet goes to a jackpot. If you wonder how jackpots can grow into millions, just imagine how many players contribute to the jackpot every day. You need to consider that jackpots connect games at numerous casinos. Take Mega Moolah as an example, the jackpot designed by Microgaming. Every online casino that offers games with Mega Moolah Jackpot is a part of a wide network that has one common jackpot. You can guess that there are thousands of such Microgaming casinos and a huge number of players.
How to Win a Progressive Jackpot?
There is no way to increase your odds of winning a jackpot. You can only count on Lady Luck and hope for the best. Don’t believe those who insist on that there are special strategies that make you closer to the desired prize. Progressive jackpot is similar to the lottery. Nothing can help you guess winning numbers right or know when to spin the reels.
You need to be persistent in order to make your dream come true. Every time you bet, you have a tiny bit of chance to hit progressive jackpot. So try multiple times to increase the probability of winning. Be ready though for less favorable scenario. Sometimes no matter how hard you try, you just don’t win. Don’t be discouraged. In such cases the good news for you is that there are a lot of other jackpots available. You can pursue your dream just by switching to another game.
Usually when the progressive jackpot is mentioned, it’s referred to a progressive slot machine. Other games do have progressive jackpots, but are relatively rare comparing to slots. Gamers enjoy progressive slots because some of the most popular jackpots can grow into millions of dollars. The selection of progressive slots is not limited to a few games. You will be able to choose slots by theme or special features. Whether you love classic 3 reel slots or 5 reel slots, you can find what you like.
Besides winning a jackpot, progressive slots offer opportunity to win standard payouts in a standard game mode. So even if you miss a progressive jackpot, you can still earn quite a lot to stay positive. Keep in mind that progressive slots usually return less to players during a standard mode.
For a chance to win a progressive jackpot, players pay the price. The thing is, overall return to player is calculated considering jackpot payouts as well. Progressive winnings are quite hard to receive. If you deduct relatively rare instances of progressive winnings, return to player becomes considerably lower. So most of your play time you agree to win less.
Random Progressive Slots
Majority of slots require a specific combination of symbols on the reels to win progressive jackpot. But with random progressive slots you can hit a jackpot after any spin. You don’t have to get highest paying symbols in one line. Everything else works the same: players bet and part of the wager is fed to a jackpot.
Playtech is famous for its random Marvel Jackpots. After any spin a jackpot game can be triggered with the opportunity to win one of the four different size jackpots. When this game is activated, you are guaranteed to get one of the jackpots. The only question is how big it’s going to be. The bigger the prize the less chances you have to win it.
Pay Attention to Payout Policies
When you finally hit a jackpot, the last thing you want to hear is that you won’t receive your money at once. Consider yourself a rich man, but without access to your funds. That happens with jackpot winners. Many online casinos have special jackpot payout policies that not everyone reads. Those policies may rule that in case you win a jackpot, you will be paid in limited amounts, for example up to $10,000 a month.
If you win extra big, you have to wait years to be paid in full. Some online casinos understand possible frustration due to this kind of limitations, and allow you to withdraw the whole amount of the jackpot at once. But some players might opt for partial withdrawals if they are afraid of irrational, excessive spending. As far as everyone is aware of the rules, that’s fine.
Most Popular Progressive Slots
Microgaming’s Mega Moolah is probably one of the most recognized progressive jackpots at online casinos. There are four slots with this progressive jackpot: Mega Moolah Isis / Summertime / 5 Reel Drive and The Dark Knight. If you want to become a millionaire, those are four slot machines you need to consider. Mega Moolah is famous for turning players into millionaires.
Mega Moolah is actually not one but four jackpots that differ in size. The most impressive of them is Mega Moolah Mega jackpot that starts from $1,000,000 and usually grows into several millions. Mini jackpot is the smallest one with the base value of $10. Minor jackpot has a $100 starting amount, Major jackpot – $10,000. Winning one of the Mega Moolah jackpots is possible during the special bonus round, where players spin the Jackpot Wheel.
NetEnt produced Hall of Gods slot machine that has a set of progressive jackpots. The jackpot is similar to Mega Moolah mentioned above, but instead of four jackpots, Hall of Gods offers three: Mega, Midi and Mini. Mega jackpot pays on average $5.5 million.
There are numerous other progressive jackpots that can make you a rich person in a blink of an eye. You can look through the Jackpots Tracker to learn more.