Progressive Jackpots have the reputation of being the most profitable type of casino slots, both for the house and for the players due to their appealing jackpots which often be life changing as you can win a very large sum of money making simply one bet. Have you ever had a dream of walking into a casino and winning the big prize?
Read on to find out more information about what Progressive Jackpots are and where you can find them.
What are Progressive Slots Games?
Progressive slots are regular slot machines, usually linked together in a network. This means 1 particular game can be connected to players playing in several different casinos.
The main feature that sets them apart from the rest is the fact that the jackpot keeps growing each time somebody loses. Normally, all the machines within the network contribute to the cumulative jackpot, resulting in huge jackpots totaling well over 6 figures.
How BIG is the Jackpot?
The house (casino) sets the amount that the jackpot advances each time a player places a bet. Generally, the jackpot’s progression rate depends on the house edge – the profit the casino expects to make out of the respective play. For instance, when the house edge is around 5%, the jackpot would increase each time it is not won by 1%. This means that the house contributes with one fifth of its estimated profits from the game.
The more people participate and place bets, the more the total amount of the jackpot grows, And that’s when some lucky player wins it all!
How to Become a Qualified Player
Increase your odds of hitting the BIG jackpot!
You should know that not all players qualify for it. While all participants contribute to the jackpot, only those wagering the maximum number of credits qualify for winning it. Another thing you should be aware of is that the higher the wager a game requires to qualify, the higher levels the progressive jackpot can reach.
Eyes on the Prize!
The best strategy is to bet on more money. If you want to have the chance of winning the BIG jackpot, pick a slot machine that requires a higher wager to qualify.
Progressive slot machines are one of the only 2 games out there where you can actually win a million dollars in one bet (the other one is the lottery). The odds of hitting the jackpot are astronomical indeed, but as long as you know what to expect, realistically, you in for pure fun of just playing the game.
Popular Progressive Jackpot Games
Millionaires Club – is a 5-reel, 9-line slot game featuring millionaire lifestyle themed icons like diamond rings, cruise ships, private jets, and luxury sports cars. It also offers a bonus round for those who succeed to land the Millionaires Club symbol at the same time on reels 1, 3 and 5.
MegaJackpots – has different versions: Monopoly, Cluedo and Cleopatra. They all have feature bonus symbols and interesting bonus rounds.
Wheel of Fortune – The most popular progressive slots game, Wheel of Fortune is based on the popular TV show and with 5 paylines it offers 42 different winning line combinations.
Deal or No Deal – Another popular progressive slots game gaining its inspiration from a TV show is Deal or No Deal. Like in the TV show, you get to pick 1 out of 26 briefcases and will need to accept or reject a certain deal proposed by the banker.
Mega Moolah – Inspired by the Lion King movie, Mega Moolah is a 25-line game offering a 4 tier progressive jackpot.
Progressive slots offer a unique chance to turn yourself in to a millionaire with a single spin.
The games are fun, and if you don’t win, your losses contribute to the overall jackpot meaning you have the chance of winning it all back, and more on your next spin.