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Beginner’s guide to progressive jackpots

Beginner’s guide to progressive jackpots

Straight out, we are going to admit that there are no guarantees of winning a progressive jackpot, but there sure are ways of improving your chances. Amongst the online casino community, progressive jackpots are regarded as one of the best games around and in general, they are the most sought-after. The reason being that they offer the highest payouts out of all casino games.

Progressive jackpots come in various shapes and forms, which thankfully for you, gives you a wider selection of games to choose from: From classic slots to more thrilling video slots. What are progressive jackpots and how can you boost your chances of achieving a win?

What is a progressive jackpot?

Progressive jackpots are essentially slots with a jackpot attached to it. There is no fixed sum and it keeps growing the more players play it. The more players play a progressive jackpot, the more it will keep rising. At some point, one lucky player will strike it lucky and walk away with the big prize. When this happens, the jackpot is reset to its most minimum amount, but which can still run in the thousands and even millions.

When a jackpot has been reset, it gives you a better idea of how high and how low a jackpot could go. Some players have a theory that the higher the jackpot is, the more likely it will fall. Such players tend to monitor the jackpot for days, and even weeks, before they sit down to play in a bid to tempt their luck.

Jackpot casinos

Plenty of casinos offers jackpot titles, as these tend to be enormously popular with their players. The following are just a few quality casinos we can name that host one or more jackpot titles. Check them out, along with details on their welcome bonuses, and get spinning!

Viks Casino – 100% up to £200 + 20 Free Spins

LeoVegas – Up to £1500 bonus cash plus 250 free spins

Mr Green – 20 no deposit free spins + €100 Welcome Package + 200 free spins

Comeon – 100% bonus + 30 Free Spins

Party Casino – Get 120 Free Spins

888Casino – 100% up to €100 + €30 For Free

Royal Panda – 10 Free Spins + £100 Bonus

How likely am I to win a progressive jackpot?

We are not going to lie to you and say the chances are high, because truth of the matter is, that the chances of snapping a progressive jackpot are quite slim. In fact, we would go as far as to say that you have better chances to win a fixed jackpot.

There are many reasons for this. For starters, there is a concept called Hit Frequency, which is closely related to how frequently a winning combination is splurged out on a slot game, and the higher a jackpot’s potential is, the lower the value is.

Then there is also the Random Number Generator. Granted it’s available on most slot games, the main purpose of an RNG is to ensure that the odds of each spin are independent of the other one. The longer you play that is, won’t increase your chances of winning and vice versa.

We have witnessed players winning jackpots from free spins after signing up for an account. You need to be aware of the RNG, since you don’t want to risk losing all your bankroll in one go, thinking that the longer you player, the higher the chances of winning a jackpot. On the contrary, winning a jackpot or any casino game relies heavily on the luck factor.

In general though, most progressive jackpots fall on average between three to six months, so if a jackpot has just been reset, you might want to wait it out, before spending all your money in one go. Still, the chances of winning a jackpot stay the same regardless of whether it’s a small jackpot or a big one. The RNG has a pivotal role to play.

Which progressive jackpots are the most popular?

As you can imagine most progressive jackpots are popular due to the hefty jackpots that are attached to them. Some do better than others since they have a better gaming experience or higher-quality graphics. These, without a doubt, attract the most players meaning that the jackpots tend to reach even bigger and better heights.

Some of the most popular progressive jackpot slots are as follows:

Mega Moolah

Although quite simplistic when it comes to the graphics department, it consistently pays out higher jackpots. At one point in time, it even broke a record, giving away a massive €17,879,645 to a UK-based player.  Although it might look old, it is still loved for its many features.

 

Hall of Gods

This classic gem by Net Entertainment offers players the chance to get their hands on a jackpot worth €5.5. With a Nordic theme, it is very popular amongst Nordic countries, but UK players should also have a look as the jackpot can literally change your life overnight.

Mega Fortune Dreams

This progressive jackpot embodies the life of the rich and famous. Yet another excellent slot game by Net Entertainment, this progressive game offers a higher entertainment value compared to the previous two, since it’s more modern.

Activate the bonus game and you might strike it lucky. Even if you don’t win the big prize, there are still numerous yet good-sized jackpots to be snapped up.

What are multiple progressive jackpot slots?

Sometimes players get confused by progressive slots that come with multiple jackpots attached to them.  This type of progressive slots gives players the chance to get their hands on not one, but up to 4 jackpots. This is quite great since not just one player can win the jackpot.

In the case of Mega Moolah, it comes with 4 separate jackpots, so even if you succeed in reaching the bonus round, you can still win a prize, albeit maybe not the big one.

What we always suggest for players who are new to the world of online casinos, is to look at the pay table of the game they are about to play, to understand how jackpots worth. It is best to be prepared beforehand, to know what you are should be aiming for.

How to increase your chances of winning a progressive jackpot?

Although we can never guarantee you will win a progressive jackpot, there are still a few things you can do to boost your chances of winning a progressive jackpot.

One of our first tips is to play with the maximum number of paylines that the progressive slot game has. There is a reason behind this logic. For starters, there is a theory that players who bet with the maximum number of paylines are more likely to win. Secondly, even if you hit a win, at least you will get the maximum number of wins. That being said, only follow this advice only if the progressive jackpot is only open to players who play with maximum betlines.

If that’s not the case, then go for the lower number to extend your bankroll’s life. Pay for a maximum of 2 hours, and then move on.

Do your research on the game you are playing and see if the statistics state that players with maximum bets are likely to win the jackpot.

How to make a withdrawal should I win a progressive jackpot?

This is usually the last thing people think about. They might hit a big win and not sure how to withdraw it from their casino account. Most people don’t expect to win the jackpot, and when it happens, there are questions on how to withdraw the winnings.

What you need to keep in mind when it comes to such matters is that most casinos apply a limit on the amount of money that can be withdrawn per day, week, or month. If the casino you are playing at has very lot withdrawal limits, it will take forever to withdraw your jackpot.

If you’re lucky enough to win a progressive jackpot, then the best thing would be to contact the casino’s customer support team to discuss the quickest way to process your withdrawal, the best payment methods for and so on and so forth.

As always, read the terms and conditions of the casino you are signing up to.

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