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August 25, 2024

Casino

Progressive jackpots- How do they work?

The progressive jackpot is a prize pool that increases each time an online game is played. Unlike fixed jackpots, which offer a predetermined amount, progressive jackpots keep growing until a lucky player hits the winning combination. This continuous growth makes progressive jackpots so enticing the winnings reach staggering amounts, often in the millions of dollars.

Progressive jackpots accumulate

The accumulation of a progressive jackpot is straightforward yet ingenious. It typically works in the context of online slots.

  • Seed amount- When a progressive jackpot is established, the casino or game provider sets an initial amount, known as the seed. This ensures the next one starts at an attractive figure even after winning a jackpot.
  • Contribution from bets- Every time a player spins the reels on a progressive slot, a small percentage of the bet is added to the jackpot pool. This percentage ranges from 1% to 3% of the total bet amount.
  • Network contribution– Many online slots with progressive jackpots are part of a more comprehensive network. This means that players from multiple casinos contribute to the same jackpot pool, allowing it to grow faster than if limited to a single casino.
  • Real-time updates– The jackpot amount is updated in real time, often displayed prominently above the game’s interface. Players watch the number tick upwards with each spin, adding excitement.

Types of progressive jackpots

Not all progressive jackpots are created equal. There are several types, each with its own characteristics.

  • Standalone progressives- These jackpots are specific to a single game at a single casino. They tend to grow more slowly but still reach significant amounts.
  • Local progressives– These jackpots are linked across multiple games within the same casino. Because more players contribute, they grow faster than standalone progressives.
  • Vast area network (wan) progressives– These are the biggest jackpots, linked across multiple games and casinos. Famous examples include Mega Moolah and Mega Fortune, which have created numerous millionaires. Win big with online slots learn how to maximize your chances on https://www.southafricancasinosites.co.za/online-slots/
  • Multi-level progressives- Slots offer multiple progressive jackpots of different sizes (e.g., Mini, Minor, Major, and mega), giving players more chances to win varying amounts.

Win a progressive jackpot

Winning a progressive jackpot on online slots happens in one of these ways.

  • Random trigger– Some jackpots are awarded entirely randomly, regardless of whether they are on the reels. Every spin has a chance, however slight, of triggering the jackpot.
  • Symbol combination- Other jackpots require landing a specific combination of symbols, often on a particular payline.
  • Bonus game- Many progressive slots feature a unique bonus game or wheel. Reaching this bonus round gives players a shot at the jackpot.
  • Bet requirements- Depending on the progressive slot, you may have to wager a maximum amount to win the jackpot. Before playing a game, please make sure you have read all the rules. Before playing a game, please ensure you have read all the rules.

Progressive jackpots have revolutionized online slots, offering players the possibility of life-altering wins. Players make informed decisions about gaming and how these jackpots work. Whether you’re drawn to the massive WAN progressives or prefer the faster-hitting local jackpots, there’s a progressive slot for every type of player. 

 

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