Progressive Jackpots
Progressive jackpots are a special feature offered by select online casino games. The top Canadian operators will let you choose from over 20 different progressive jackpot slots, which are often characterised by huge prize amounts. Some slots even have jackpots that climb into the millions! We explain what progressive jackpots are exactly, which are the most popular progressive slots and games and where and how you can play them.
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What is a Progressive Jackpot?
How can special progressive jackpots easily be worth several million Dollars? Simply put, the stakes of all the players in a network of online casinos are added to a progressive jackpot. This means that the jackpot itself can draw on a network of participating casinos featuring thousands of players – with their corresponding stakes.
Top Slots with Progressive Jackpots
The best-known online slot machines with jackpot prizes are Mega Moolah by Microgaming and Mega Fortune by NetEnt. For many slot lovers, fixed jackpots are now obsolete. Sure, several slot games which are successful in both virtual and land-based casinos can offer tantalizing jackpots. But progressive games bring this cincept to a whole new levels, with jackpots that can easily soar past $10 millions.
Developers such as NetEnt, Playtech or Microgaming succeed in developing particularly attractive slot machines by offering such prizes. After all, the progressive jackpots with names like Cash Splash or Major Millions regularly reach gigantic prize amounts. The catch of course, is that it is relatively complex to crack jackpots that constantly increase depending on the stakes of the players.
How Progressive Jackpots Work
Approximately 7% of each bet played on the slot contributes to the global jackpot pool. Therefore, as the jackpot remains intact, its value grows exponentially. Once won, the jackpot is reset to its predetermined minimum amount, which varies from game to game. Given the large amount of money involved, you can understand that progressive jackpots are not easily won.
New slots and games with progressive jackpots are divided into two types:
- Local Progressive Jackpot: When a progressive jackpot is local, it means that the players of a single casino contribute to the value of the prize. Therefore, the jackpot on the games increases with bets placed by players on a given online casino only.
- Network Progressive Jackpots: Unlike local jackpots, network jackpots are made up of bets placed by players from a network of interconnected casinos and they put up the highest jackpot. We are talking about figures that can reach millions of euros.
Progressive vs Fixed Jackpots
Slot jackpots can come in two different types, namely fixed and progressive jackpots.
- Fixed Jackpots: the premise of fixed jackpots is that the value of the prize does not vary. The sum of these jackpots is predetermined by the game providers. Because of this, most of the time they have a lower value, but are won more often, and therefore have a normally higher RTP percentage than other slots.
- Progressive Jackpots: progressive jackpots offer a unique gaming experience. In this case the value of the prize increases with each hand played, until it is won by a super lucky player. Enriched with dazzling elements and incalculable prizes, progressive jackpot slots are the most popular among all players.
What Changes for the Player
Generally, when you play at online slot machines there are different amounts that you based on the combination of symbols that you align on the reels. Several of these slots there feature a maximum jackpot that is awarded if a special winning combination appears on the reels. This jackpot, however, has a fixed, predetermined amount and could theoretically be paid out 10 times in a row if one or more players managed to get the exact combination of symbols in several consecutive games.
In progressive jackpot slots, however, the jackpot works in a completely different way. For every bet players make on a particular slot, a small portion of that bet is set aside to feed the jackpot. This means that the more users play a certain progressive slot the more its jackpot increases. In case a player gets the combination needed to win the jackpot, it “resets” and starts again from a base amount.
Different Types Of Progressive Jackpots
These are the general characteristics that are more or less shared by all progressive jackpot slots, there are also elements that can differentiate the various games.
- In some slots, the jackpot can only be won if the player gets the combination right, in others the jackpot is awarded randomly.
- Some slots with progressive jackpots offer you a single jackpot that can reach exorbitant amounts, but other variations of the game have multiple jackpots of increasing value, ranging from a small prize to an extra-large prize.
- Finally, there are slots with progressive jackpots that are independent and others that may be linked together and although they are separate games they share the same progressive jackpot.
How to Win the Jackpot
To be honest, there is no specific strategy that can be applied to win a certain amount of money. The reason for this is that all lot games are structured around a random number generator (RNG). What you can do to optimise your chances of winning, however, is following some sound gaming tips:
- To win the jackpot, you usually need to play the maximum number of coins, otherwise the maximum amount you can win will be less than the jackpot.
- Before playing, you should always study the jackpot rules to place the right bet. By clicking on the information button you can find out about the slot rules at any time.
- Always remember to keep your bankroll separate from the money you spend on your daily expenses. In this way you don’t run into problems because you only bet what you can afford to lose. If you run out of bankroll credit, avoid the temptation to dip into other expenses.
- If you run on a tight budget, our advice is to bet less to avoid losing it all immediately if you get unlucky. On some slots you can still win smaller jackpots by consistently betting the maximum amount of coins, but with the lowest value. This is possible, for example, by betting 10 coins and giving them a value of 20 cents instead of, say, $2. You will get a lower sum than the progressive jackpot, but you will win nonetheless.
- When choosing a slot game, it is also useful to consider the RTP percentages, apart from the jackpot. These include bonus games, special features and free spins (free spins with which you can accumulate winnings). In addition, there is a whole range of rare symbols which, if they appear in a certain way, result in high winnings.
RNG and How It Works
The RNG is a microprocessor that generates a series of numbers at a rate of several billion hundred times per second. These numbers determine which position the reels will land on. This process is what makes games at licensed casinos as transparent and fair as possible. Therefore, not being able to influence the outcome of your spins, you can take comfort in knowing that you have the same chance as every other player to win the jackpot!
Generally, jackpots are presented as special features in slot games. In some slots the jackpot is randomly activated during the main game, so there’s no way of knowing when the opportunity to win the rich loot will present itself. In other slots, the jackpot is a bonus round that is triggered when 3 or more bonus symbols occur.
Progressive Jackpot Games – FAQ
- What are progressive jackpots?
Progressive jackpot games are online casino slot machines that have a jackpot main prize. The jackpot is networked across all online gambling providers that have the respective game in their library and parts of the stakes of all players flow into the jackpot from many different sites. In this way, a progressive jackpot grows particularly quickly and large amounts can be won regularly.
- What is the biggest jackpot ever won?
At the end of 2015, the Mega Moolah jackpot set a new world record when it was won by a Briton at Betway Casino, worth the equivalent of more than $20 million. Previously, the record was held for years by NetEnt’s Mega Fortune jackpot, which won over $17 million in 2012.
- Does every casino online offer progressive jackpots?
No, not every online casino offers progressive jackpots. However, most renowned operators usually have several progressive jackpot machines in their catalog and thus offer the chance to win prizes that could change your whole life with just one spin of the reels. You can find out whether a provider offers a large and high-quality selection of different jackpot slots in our casino reviews.
- What are the best online casinos for progressive jackpot games?
We determine the best casino to play progressive jackpot games by extensively testing different brands and operators in various categories such as security, game selection, customer service and more.