How Do You Win A Progressive Jackpot
The progressive jackpot is often a major reason why people take up online gambling. The possibility of winning a fortune over just one fortunate spin of the reels is something that motivates thousands of players to keep playing. The sector or progressive jackpot casino games has a massive following and more bettors are joining in on the hunt for the big prize every day.
How does one win a progressive jackpot? Are there any specific skills needed or a particular set of moves that a player needs to learn to eventually claim the accumulated jackpot? Keep reading to find out.
What you need to do first is make sure you are gambling at a well-regarded, legitimate online casino. Since the only way to win a progressive jackpot is to wager real money into slot machines (in some occasions on progressive poker games or roulette wheels), you need to be absolutely sure that this operator is reliable, fair and provides a secure environment for its members.
Look for highly-ranked online gambling websites which have above-average software and convenient services. Particularly, pay attention to the casino’s payout policy. Some casinos will divide a progressive jackpot into multiple instalments instead of paying out the whole amount at once.
The casino you have chosen should have a decent collection of progressive jackpot games to choose from. Now, ask yourself what sort of a game do you wish to play? There are progressive jackpot slots with several rewards activated at specific points in the gameplay.
Some have only one jackpot. Another thing you need to pay attention to is the seed amount. The “seed” is the starting amount or an accumulated prize. Whenever a jackpot is awarded, the counter restarts to the seed amount; then, it grows bigger with each wager.
For some jackpot games you have to make a max bet to get the chance of combining the progressive jackpot. Two examples are Major Millions (Microgaming) and Arabian Nights (Net Entertainment). If you play for a lower bet; you still win bigger, if the symbols are in the right place, but instead of winning the progressive jackpot; you will get a. With an area wide progressive jackpot, you have a group of machines that are joined together. Think about an online gambling site. Let’s call it CasinoX.Let’s say that CasinoX has 12 progressive machines. They will share a jackpot, and this pot can become exponentially larger every day, with more and more people playing on the various machines. Try not to go overboard with the risk you are taking. Progressive jackpots usually announce the amount you stand to win, you should go for the biggest ones. Hitting the Jackpot with Progressive Slot Machines. The best payouts with progressive games come with using the maximum bet amount as your wager. To win the progressive jackpot for Imperial Riches, players must first trigger “free falls” by hitting three scatter symbols, and then make it through the Lucky Pond Bonus Game. If three “jewels” are eaten by the bonus fish, the Jackpot Bonus Game is activated. To win a prize, match any of your numbers to any the winning numbers and win the amount shown on your ticket for that number. Your prize will be multipled by the number shown in the Multiplier section of your ticket (up to 25 times). Odds of winning the jackpot.
Networked jackpot slots funnel bets from various casinos and thousands of players, so their prizes reach sky-scraping heights. There are a few online slots that deliver progressive jackpots worth millions, but most are capped at smaller sums.
A hit frequency is a good indicator of how often a slot pays out. The chances of winning a progressive jackpot are not very high, but in general, these wins happen every 3 to 6 months, depending on the game.
Many players will advise waiting until the jackpot is “ripe”. In other words, if there has been a while since the game has paid and the jackpot size has grown to be unusually large, that may be a good time to start wagering on it.
You will see that different slots require different approaches to the whole progressive jackpot thing. In some games, you will need to meet certain conditions to become eligible for the jackpot payout.
Unless you are betting on all available lines at maximum stakes, chances are you will not get the chance to hit the jackpot. Read game rules before betting to see if you must do this. Furthermore, you may need to enter a bonus round to even spin for the jackpot.
Some slot machines pay their accumulated rewards at random, but there are some which require triggering a bonus feature and then playing a wheel-of-fortune mini-game or a similar round to finally claim the chief prize.
Chasing a progressive jackpot requires commitment and a healthy budget. Sure, wins happen on random spins when the winners never expect it, but these cases are rare and give one no certainty.
Try to develop a strategy which involves playing different progressive slots at various times in order to cover more possibilities. It is impossible to predict which particular spin will empty out the pot, but the more frequently you play, the bigger the chances of the jackpot being delivered to your account.
If you’re looking to win a jackpot that could change your life, then progressive slots are the game to play. Let’s face it—you’ll never win several hundred thousand playing blackjack or roulette. The payouts just aren’t high enough.
The purpose of this page is to provide an explanation of what progressive slots are, how they work, and why you might be interested in playing them. We’ve also included descriptions of some of the more popular progressive jackpots available both online and in traditional brick-and-mortar casinos.
What Is a Progressive Slot, and How Does It Work?
On most slot machines, the jackpot is a fixed amount, but on a progressive game, the jackpot rises as players put coins in the machine and spin the wheels. A tiny percentage of each coin played is used to “feed” the jackpot. There are three types of progressive slot machine games.
Standalone Progressives
A standalone progressive slot machine has a jackpot ticker on the game, but only bets placed on that specific machine feed the jackpot. This was, at one time, the only kind of progressive slot machine game available, but most progressives feature multiple machines that are linked together. Still, so many standalone machines were manufactured that these games are still easily found in casinos throughout the world. Usually the jackpot on the games will be under $10,000.
Local Progressives
Local progressives were the next step in the evolution of this type of game, and they’re still commonly found. These games feature jackpots within a specific casino that are linked. This network can include as few as a dozen or so machines, or it can include a hundred machines—it just depends on the casino. Usually the jackpots available on these games are under $1,000,000, and often they’re under $100,000.
Wide Area Network Progressives
These are some of the most popular casino games on the market today. A wide area network jackpot links slot machines from multiple casinos in the same state. This allows the jackpot to accumulate into astronomical sums of money, often over $1 million and sometimes even over $10 million. The most well-known brand of wide area network progressives are the Megabucks games from IGT, which is the most successful slot machine design company in the world.
How Do You Win a Progressive Jackpot?
No strategy or system can increase your chances of winning a progressive jackpot on a slot machine game. The odds of winning are similar to the odds of winning the lottery, although you get many more chances of winning per hour with a slot machine game than you would get playing a lottery game.
An important thing to keep in mind about progressive jackpots is that they don’t become “due”. The chances of winning are astronomically small no matter how large the jackpot has gotten. It’s possible for a jackpot to grow large enough that a bet on a particular slots game will be a positive expectation bet, but it’s not a practical opportunity to win. A 1 in a million shot is still a 1 in a million shot, even if the jackpot is up to $2 million.
Online Progressive Jackpots
With the rise of online casinos, progressive jackpots on the Internet have become just as popular as the games in actual land-based casinos. Microgaming is one Internet casino provider which has established its fame and reputation based largely on its large assortment of fun, colorful, and relatively loose progressive jackpot games.
Online progressives work just like their land-based cousins. Every wager you make on your computer feeds a tiny amount into the progressive jackpot for that game. Since lots of players are now gambling from the comfort of their homes, these jackpots can become just as large and life-changing as the progressives in Vegas or Atlantic City.
Most Popular Progressive Games
How Do You Win A Progressive Jackpot Lottery
Megabucks is one of the most popular progressive networks available. The probability of winning this jackpot has been estimated at 1 in 50 million. The amounts won on this machine vary from $10 million into the hundreds of millions. Like many lottery games, Megabucks is paid out as an annuity over 25 years.
Wheel of Fortune is a popular brand of slot machine, and it’s available in multiple denominations. One of the most common versions is the quarter version, which has a starting jackpot of $200,000. The jackpot on this game has gotten close to $2 million in the past, but it’s usually won when it’s still under $1 million.
The dollar version of Wheel of Fortune progressives starts with a $1 million jackpot. It’s not unusual for the game to reach $5 million or more, and it’s almost reach $10 million on occasion. Like Megabucks, this jackpot is paid out as an annuity over time.
Elvis isn’t just the king of rock and roll. He’s also a symbol of classic Vegas, so it’s entirely appropriate that he has a progressive slot machine network named after him. The game starts with a $100,000 jackpot, and it costs 25 cents per spin. Keep in mind that to be eligible for the jackpot, you have to make the max bet, which is 3 coins, or 75 cents. We don’t recommend playing progressive slots without making the max bet, because you usually won’t be eligible for the top prize unless you do.
How Do You Win A Progressive Jackpot Winning
Mega Moolah is an online-only progressive jackpot available at Internet casinos powered by Microgaming software. Multiple games feature the brand name, and the jackpots and betting limits vary. This progressive network features some of the largest jackpots online, often reaching $1 million or more.