7 useful facts about slots with progressive Jackpots

For those who are familiar with the world of slot machines , it is very likely that you have heard of the term "progressive Jackpot “(in English” progressive jackpot") or “ progressive slot ”.

Therefore, for players who like games with more volatility - fewer prizes, but much larger -, adding more action and adrenaline to their games, progressive jackpots are suitable. Of course, you probably don't know everything there is to know about this genre of slot machine. That is what this article is for: to clarify.

First, let's answer the question: “What is a progressive jackpot?”. With slots (and sometimes other games of luck), there are regular Jackpots, which generally equate to the largest number of “credits” that can be won in a single round, and there are progressive Jackpots.

So these are Jackpots where a multiplier is activated to increase either your higher payouts or, of course, the Jackpot itself. The multipliers of each slot are typically explained in detail in the “Info” section of the slot.

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Progressive Jackpots: how to use to your advantage

Any progressive Jackpot can offer an appealing twist to the player, if their bet is high enough.

As you play and win prizes, certain games will alert you to the current value of the prize multiplier for the current session. This means that the player can know the exact point where his investment can be returned, but also profit from this.

The problem is that it is often difficult to find the RTP (Return to Player) of a game, and it becomes complicated to know what size the Jackpot would have to be to make this return. It should be noted that you can play with your bets and change the amount, according to what you think is correct according to your budget, making higher bets when the value of the prizes is higher.

For example, in the famous slot Gonzo's Quest , it would be wise to bet high during the free spins, where prizes are subject to exponentially huge multipliers, and bet lower during the basic spins.

Progressive Jackpots: how profitable players take advantage

An "advantage player” or" vantage player " is a player who only plays games of chance when they know they are at an advantage, relative to the online casino. Famous examples are card counters who play Blackjack, as they have an obvious advantage. Or else the players who only bet on the banker's side, on Baccarat.

On the other hand, since slots with progressive Jackpots are more likely to award larger prizes (but less often), sometimes teams of players “attack” these slots in casinos, “hoarding” them as a team and increasing the chances of one of them dividing the profits among the others.

For example, a group of 6 players could dedicate themselves to a single progressive slot machine (or rather, to 6 copies of it), increasing the chances of profit among all.

Some casinos have made these tactics against their terms and conditions because players have an obvious advantage, thus prohibiting team play by kicking these players out.

Others don't mind this behaviour, because the chances of a Jackpot or grand prize landing remain very low, with many players making a big contribution.

Progressive Slots are less likely to make you rich

The RTP-Return to Player-is a percentage number that indicates the return on investment that the player will make when playing a given game. It is the exact opposite of the house edge, which indicates how much the player will lose from the money they have invested.

The higher the RTP, the better for the player. For example, a game with 96% RTP theoretically has a chance of returning you $96 of the $ 100 you invested in the long run.

However, there is a reason that indicates that progressive Jackpots have worse RTPs: a large part of this percentage comes from the Jackpot, which can have odds of 1 in 10,000,000 or 1 in 100,000,000. For example, the expectation of a Jackpot may equal 10%, inflating the percentage of an RTP from 88% to 98%. It is a bit misleading, being that it is extremely rare to hit a Jackpot of this nature.

For this reason, traditional slots, or with other extra functionality as well as low volatility, are better suited to profit with greater certainty.

The most famous progressive slot is Mega Moolah

Mega Moolah it is a progressive online slot with an African savannah theme, featuring wild animal symbols such as lions, zebras, elephants, among others. It also includes 25 paylines, 3 lines and 5 reels.

An intriguing fact is that ten years after the production company MicroGaming having made Mega Moolah, no other slot has made as many millionaires as the same.

The highest prizes range from 5 million to 13 million – and that same number, 13 million, is the largest amount of money won on an online slot machine in history.

Exclusive progressive Jackpots for maximum bet

All slots, or at least 99% of them have minimum bets and maximum bets. Generally, there is nothing wrong with making the minimum bet.

However, with progressive Jackpots, this is not so. With many slots in the online casinos , if you do not bet the maximum amount, you will not be able to win the progressive Jackpot.

But do not be demoralized. The chances of hitting a progressive Jackpot are already slim.

For example, the chance of hitting 20 numbers in Keno (a game that resembles Bingo or the lottery) is plus or minus 1 in 3 sextillion. Three sextillions appear like this: 3,000,000,000,000,000,000,000.

Some casinos only offer progressive Jackpots

As a general rule, you would do better if you avoided them. As already mentioned above, progressive Jackpots are not very in the player's favor, and there are thousands of very good slots, which you can play both for fun and to profit.

A certain casino called “Slotland", which has a collective progressive Jackpot, that is, all the games that are there contribute to the multiplier. However, this casino has already been accused of not being trustworthy, for the way it employs its Blackjack and games video poker .

Progressive Slots are very volatile

In” slot parlance", volatility represents a percentage that indicates the probability of a game awarding prizes, as well as the value of those prizes. For example, a slightly volatile Game Awards Prizes more often, but they are lower. On the other hand, very volatile games Award huge prizes, but they almost never do.

This is the case with progressive Jackpots, which can reach prizes of millions, but the odds of this happening are tiny.

Remember that the most volatile slots usually have a lower RTP than usual.

Conclusion

There's no doubt that progressive jackpot slots are an adventure, being great for players who prefer risk and adrenaline (and the chance of a life-changing outcome).

However, they are not at all recommended for those who want more stable games and who can predict the prizes they can win. Don't forget that regular Jackpots can also make you rich!

In addition, as you have seen, the chances of hitting a jackpot,from a classic slot, l are already low. Do you really think it's worth sinking money into a game where the Jackpot is even less likely to get you lucky?

Try progressive jackpot slots at top casinos

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