The lights are flashing and the bells are ringing. Everyone dreams of winning a big jackpot on the slot machines. Unfortunately, the odds are against you. Casinos are not successful from people winning. Should I Play a Progressive Jackpot Slots Game? Progressive jackpot slots online offer the chance of some massive real money wins. But they should be approached with caution. Typically, progressives can only be won when betting at the max stake. If the max stake is 100.00 per spin, that can be too much for many recreational gamblers. The Big Jackpot app gives direct access to all videos, event info, the swag shop, slot games, jackpot gallery, coins, online tournaments, huge progressive jackpots & daily coin rewards! The Raja is a slot high roller and these are his videos of slot machine wins from casinos across the country.
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.
Each time the machine is played, the combined jackpot winnings increase by small supplements. The casino sets the small chunks by which the jackpots are increased. On numerous occasions, these machines are linked so that the total increases faster as multiple players playing at different machines concurrently.
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.
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.
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 tolearn. This is because not every wager on a progressive machineleads to winning an attractive pay-out.
- JackpotMeter- the jackpot meter is another essential aspect of progressivemachines. When the jackpot has been won, the amount of the highestpay-out resets and goes back to the lowest level from which itstarted.
- Oddsand Expected Return- the odds of hitting the jackpot on aprogressive slot are usually very thin, sometimes smaller thanwinning 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
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.
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.
In mobile jackpots, the highest pay-outs have been at Microgaming’s Mega 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 was the most prominent mobile win ever recorded until less than a year later in April 2017. A mobile player at Tipico Casino won €8,012,153.35
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.
Thecasino pays smaller progressive jackpots while the software companypays larger ones.
Winning a jackpot in a casino is a big deal, but it is not easy. Slots are renowned for their massive jackpot prizes, which can happen in a few seconds after your first spin. Besides, you do not need any skills or proficiency to play and win. However, just like other casino games, slots also have odds, which are based on maths. But only a few players understand how these work. Luckily, there are several tips you can use to improve your winning chances. If you are looking for ways to win a jackpot in a slot game, then read on.
How Do Slots Work?
To win in slots, you first have to understand how these games work. Slots are the most played games in any land-based as well as Canadian online casino. They depend mostly on luck with little strategy involved, and due to the RNG system, every player has the same odds of winning. All you need to do is choose a game, place a bet, and spin. You need to match several identical symbols in a payline to receive a payout. Jackpots can be landed anytime during the base game or bonus rounds if the slot has any.
Tips for Winning a Big Jackpot in Slots
Knowledge is essential when it comes to winning in slot machines. Do not just depend on luck and wait for a miracle to happen. Yes, you might be that fortunate, but knowing some tips will improve your chances of success. Follow these tips below to boost your odds of winning.
Choose a Slot Carefully
There are thousands of pokies in the gaming industry, and none of them is the same to the other. Each game comes with its special features, different themes, soundtracks, symbols, and payouts. The jackpots also vary from one title to the other. Besides, each slot has varying Return to Player (RTP) percentages and volatility. These two are important when considering a slot. For instance, if you want to win a jackpot prize, then you may want to go for a game with High volatility, while if you are looking for small wins, then choose one with Low variance. Most slots display the RTP in their paytable.
Play the Free Version First
Before you consider playing for real money, it is vital you go for the demo version first. This allows the player to not only have fun but also learn the game mechanics and other special traits. Playing for free is also a great opportunity to polish your skills first and get an idea of how you can improve your chances. Besides, you get to know if it is the game you really want to play.
Stick to Your Budget
Winning a massive jackpot can be very rewarding, but you certainly do not want to drain your bankroll. The idea of such a success is tempting and can make some players gamble with what they cannot afford. So if you want to win, it is wise to plan a budget and stick to it. And if you reach the limit of your financial plan without success, take a break from playing and build another budget before spinning the reels again.
Always Study the Paytable
Every slot machine comes with a different paytable, and not all symbols can reward the jackpot prize. That is why it is essential you check on the paytable before playing. Confirm which symbols are the most lucrative and if any features can reward the jackpot.
Aim for Slots with Fixed Jackpots
There are two types of jackpots you will find in slots: fixed (non-progressive) and progressive. The latter is the most enticing, but the chances of winning the big amount are not that favourable. Slots with smaller jackpots tend to pay out more frequently than those ones with progressive jackpots. Besides, the fixed amount can appear small but be very profitable.
Go for the Maximum Bet
Most slots experts say that winning a progressive jackpot while playing with a minimum bet is impossible. This is very true since most big wins are associated with maximum bets. Pokies tend to pay in proportion to what you wager in that game. However, do not go for the max stake if you do not have the money for it.
$100 Slot Machine Jackpot Videos
Take Advantage of the Casino’s Free Spins Bonus
How do you win the biggest jackpot with free spins that come with wagering requirements attached to them? The answer is simple, go for the wager-free bonus. It is an offer, which requires no deposit, no registration, and no restrictions on your winnings. This means you can cash out your wins at any time with no limits.
Big Jackpots On Slot Machines
So, How Do You Hit the Massive Prize?
You only need to follow a few steps like spinning slots with high volatility and RTP, highest payouts, and starting with a demo before playing with real money. Otherwise, you should play slots in a reputable and licensed online casino.