Slot Machines Progressive Jackpots

All of us dream of winning big one day, and for many people the ideal way to do it would be to grab one of those big slot machines jackpots that really capture your imagination whenever you see them available to win. Of course, there are often a lot of factors that come into play when you are going for those jackpots, since the operators of the casino and the game software developers set everything up to make sure that when you are playing the odds of getting the best match are the lowest in the game, so that you make a win that is matched to the achievement that you have managed to pull off; that does not mean that getting a jackpot is impossible, however – far from it – and you will soon see that even getting a lower value win every now and then will be enough to keep you going for quite some time.

You will find that there are two main categories that most of the games fall into when it comes to slot jackpots, the progressive jackpots on the progressive jackpot slot machines and the fixed jackpots. We will talk about the fixed jackpots first, since these are the ones which are the most common, and which you are likely to come across the most often! These games are very simple to understand because all you have to do is go to the pay table, which is part of the game interface, and you will see what you can win when you get any particular match up or what any particular bonus symbol can win for you. Though there may be all kinds of situations in which you get multipliers and bonus payouts and so forth, the biggest jackpot is almost always linked to the biggest possible match up, the one which is the hardest to get and the one which carries the most value. These can be very impressive; for example, you might end up gaining a huge amount of credits if you match up five of the top paying symbols across one active pay line at the maximum bet. It is always very important that you go for the maximum as otherwise you will get a smaller payout, and there is almost always a special boost attached to the very best match at maximum bet, sometimes referred to as a Max Bet Super Bonus or something similar.

As a rule, several slot games are linked together to make up one huge progressive jackpot that would become higher more quickly. This works perfectly well because of a little tricky nuance: the more players are playing the same progressive slot machine online, the more contributors to the jackpot there will be. One of the largest jackpot wins recorded to date, was when a 40-year old from Finland won a staggering €17,861,800 (around $24 million) playing Mega Fortune progressive slots online. However, players should know that it is pretty difficult to hit the life-changing amounts. Still it is not impossible. Talking about progressive jackpot projects, there are a couple of slots that are worth to be mentioned. Every respectful gamer should at least try out: Crazy Vegas, Good Girl Bad Girl, Hall of Gods, Divine Fortune, Super Fast Hot Hot, Caesar’s Empire, Super Lady Luck, Vulcan, Wizard of Odds and many more. A progressive jackpot is a pool of money that’s awarded whenever a player makes a qualified bet and manages to hit the special combination or hand to trigger the payout. The jackpot is built from players’ wagers. A portion of every bet (around 1 percent) goes to the jackpot. Other than these, progressive jackpots are still slot machines, and they are played with the relevant rule set. Spin the reels, line the symbols, and hope for the best. The only advice we can give you is, “wait for the prize amount to rise”. Let us explain: all slot machines have an RTP rate.

You will also find the chance to go for jackpots on the progressive jackpot slot machines in a very similar way but with what could potentially be a lot more excitement, when you play for the progressive slot machines jackpots. The progressives are so named because the jackpot that you are able to win progresses, or in other words rises, every single time that any player from anywhere in the world places a bet; in land based casinos these machines are linked across different casino brands or even national chains, but when you are playing on the internet the prizes can rise even higher as they are linked to various online casino sites and therefore might have thousands of players using them simultaneously at any given time. This is a great way to get started if you are looking for a huge prize, because they are known to rise into the millions of dollars on a regular basis and there are even a few progressive jackpot slot machines which are known worldwide for setting records for the highest online payouts from casino sites that have ever been made. You will certainly see the progressives at the top of any list of games which pull in the most players, as they are so popular and well loved thanks to the fact that everyone wants to have a stab at the prize! There are huge chances to win here and you can find a lot of data online about these kinds of slot games, such as when they last paid out and how big the prize was, how regularly on average the pay out and what the average jackpot is, and so on and so forth, which you might be able to use to play the games in a more tactical sense to try and get the big win one day.

One of the really great things about these kinds of slot machines jackpots is the fact that they can happen totally at random; you never know if your first spin might be the winning one, or whether you might play the same game for thirty years straight and never see that big win. The good part is that you will be kept going with the smaller payouts that come from lower matches as these are still sure to be very generous, and in some games you will even find that there are mini progressives attached to the casino game so that you can win a smaller prize even if you are not able to go for the main one. This will really help you to get the most out of the games for certain, and you can even rely on being able to get more out of them the more you play because going to maximum bet is the only choice which will be able to give you that progressive win – anything less and you will simply get a smaller payout as a sort of consolation prize for getting the best match and yet not having the stake required to claim the jackpot.

You have to always be very careful to look at things like the terms and conditions when it comes to playing slot machines jackpots, as this is the way to move forwards if you want to get the most out of the games and the way in which you are going to be able to win the most over time. If you have never tried to play slot games before, then we certainly recommend that you give it a try as you are absolutely going to love what you see when you play!

Areyou looking for booming jackpots from slots? Progressive slots arewhat you are looking for. Progressive machines are some of the mostpopular slots in casinos, as they offer very impressive prizesrunning to millions of dollars. Players flock these machines incasinos as no other games offer such lavish pay-outs.

Weare going to learn what casinos mean when they say progressivemachines, their benefits, and how they work. Read on.

What are Progressive Jackpots?

Progressive jackpots are pay-outs ongambling machines, such as video poker machines and slot machines, incasinos. They are usually marked as progressive machines, so playersmay be aware of that before they sit down to play.

Eachtime the machine is played, the combined jackpot winnings increase bysmall supplements. The casino sets the small chunks by which thejackpots are increased. On numerous occasions, these machines arelinked so that the total increases faster as multiple players playingat different machines concurrently.

Frog slot machine game. Eachof the slots has a meter that displays the amount of the jackpot andthe winning combinations that are needed. On a slot machine, forexample, you might need five cherries showing to win. Once you havewon the jackpot, the meter resets to the lowest level, and theprocess starts again.

Gamblersusually have to wager the maximum bet per play to qualify for thejackpot winnings. When the maximum is not wagered, the bet will stillcontribute to the jackpot, but the player is not allowed to keep thejackpot winnings should it hit on that play.

Slot Machines Progressive Jackpots

The Benefits of Progressive Machines

Thoughcasinos have progressive slot machines to lure players to play, thenumber of machines in the casino are not many. The casino is usuallywilling to make a small contribution to the progressive jackpotwinnings, but the odds always give the casino an edge over theplayers.

Gamblerslove progressive jackpots because if they win, they win big. The sizeof the jackpot can quickly escalate from hundreds to thousands.Players risk their losses by feeding the slot for a chance to hit theprogressive jackpot.

Progressivejackpot machines usually don’t pay out jackpot winnings frequently,because the casino presets the increments. The machine needs to beplayed for a while. The odds of winning faster pay-outs are onprogressive machines are not as good as on regular slot machines.

How Progressive Machines Work

Asalready mentioned, progressive machines are distinct from other slotsbecause their jackpots increase with every bet. The idea behind isquite simple: a small percentage of every bet feeds the pool of cashuntil one player hits the winning combination, which sets off thejackpot pay-out. Logically, the highest jackpots are won on gamesthat have the most top wagers and the most players.

Whena player hits the progressive jackpot, a few things happen. First,the machine locks up, lights flash on and off, and the player isinstructed to call an attendant. The machine then sends an electronicsignal to the control to notify the casino about the win.

Mostof the progressive jackpot winnings are huge. They range from $10,000to $1,000,000. Before the winnings are paid, the casino has to sendsomeone to verify that the machine was operating well when the playerhit the jackpot. The casino must confirm that the win is genuine.

Theplayer who hits the jackpot can either be paid in cash or check. Whenthe winnings are more significant, the pay-outs could be split. Anamount could be paid by check on the day of winning, then the playercan set time, say 60-90 days when they can collect the rest of thejackpot or an annual annuity.

Slot Machine Progressive Jackpot Odds

Hereare a few interesting things that you might need to consider beforeinvesting in a progressive jackpot;

  • Qualifying- this is one of the most important things that a player needs to learn. This is because not every wager on a progressive machine leads to winning an attractive pay-out.
  • Jackpot Meter- the jackpot meter is another essential aspect of progressive machines. When the jackpot has been won, the amount of the highest pay-out resets and goes back to the lowest level from which it started.
  • Odds and Expected Return- the odds of hitting the jackpot on a progressive slot are usually very thin, sometimes smaller than winning the lottery. If you remove the jackpot from the calculation, the house edge becomes different.

Who Pays Out the Jackpots?

Smallerpay-outs are paid by the casinos or I-casinos (online casinos). Theseinclude the lower level jackpots.

Inbigger prize pay-outs, the software company is involved, primarilywhen the linked progressives are hosted in multiple locations.

The Biggest Progressive Jackpots in History

What Are Progressive Slot Machines

Thehighest progressive jackpot ever recoded is $39.7 million. It was wonin the Excalibur Casino, Las Vegas, on one of the most famous slotgames, IGT’s Megabucks. For a very long time, Megabucks was onlyavailable on physical slot machines across many gambling facilitiesaround the globe. This was until recently when IGT added it to aportfolio of online games. Online slots are however, yet to hit suchhigh pay-outs, but they are rapidly gaining popularity and makingpay-outs to more and more players.

Forexample, Mega Moolah is known for the big pay-outs it regularly givesto players across the world. The game is commonly referred to as “TheMillionaire Maker.” In 2015, a British army soldier, J. Heywood,won £13,213,838.68, by placing £0.25 bets on Betway. CanadianMarcus Goodwin won CA$11,633,898 in 2016. A Maori man in New Zealandtook home NZ$10,144,395.82 a few months before that.

Slot Machines Progressive Jackpots

Anotherremarkable pay-out was of €17,861,813 unexpectedly won by ananonymous Finnish man in January 2013 at Paf Casino. The man got theright combination while playing NetEnt’s Mega Fortune. In 2011, aNorwegian student who was trying his luck with free spins won€11,736,228, while playing the same game.

Inmobile jackpots, the highest pay-outs have been at Microgaming’sMega Moolah. On August 28, 2016, a woman hit a jackpot of€7,968,311.26. She was playing the game on her mobile phone. It wasthe most prominent mobile win ever recorded until less than a yearlater in April 2017. A mobile player at Tipico Casino won€8,012,153.35

How To Play Progressive Slots

Conclusion

Progressivejackpots are very popular as they provide stunning pay-outs. They arepay-outs on gambling machines, like slots and poker machines. Theyare usually marked out in casinos so that players are aware.

Thenumber of progressive machines in casinos are not many. The jackpotswinnings also don’t happen as often because the house sets theincrements. The odds of scooping the progressive jackpot are minimalcompared to other games such as lotteries.

Totally Free Progressive Slots Online

Thecasino pays smaller progressive jackpots while the software companypays larger ones.