What Are Different Types of Jackpot?
What Are Different Types of Jackpot?
If you are a constant player of online slots, then one of your main aims would be to hit a jackpot in 2020 online casino. You probably have dreamt about all the many things you can do with that considerable cash you would win the day you hit that jackpot. No doubt, we can all agree that one of the most exciting things that can happen to any punter is getting that high pile of life-changing cash by a stroke of luck in an online or land-based casino.
While it is the wish of everyone to become instantly rich, there is so much that must be known about getting that kind of Riches from the jackpot. In this article, we will be taking an in-depth look into the most exciting payouts that a video slot games has to offer – we are talking about the jackpot. In this article, you would find out how jackpots work, what jackpots are, the types of jackpots, and so much more.
Understanding what is a Jackpot
A lot of people have heard about jackpots but may not know what they mean. A jackpot in a casino is described as the most significant possible win for a single spin on a specific slot machine.
It turns out that jackpots come in different types. There are three main types of jackpots, and these are the fixed or guaranteed jackpots, the local slot games, and the networked or interconnected slot.
The fixed or guaranteed Jackpot
This kind of jackpot is obtainable in online slots that have a fixed or guaranteed prize. For instance, if you’re playing a slot that has a fixed jackpot price of €100, it means that when you play, and the amount grows to €1 million, for instance, and you win that amount the main price will return to €100 immediately after that.
The local slot game Jackpot
This kind of jackpot is different from others. It is a kind of slot game that can only be found in a specific casino site. How the prize pool will grow in this kind of game and the requirements that must be met by a player to win such a jackpot will be determined by the casino site where the game is available.
Networked or Interconnected Slots Progressive Jackpot
Networked or Interconnected slots are likely the most common amongst all the jackpot types you can find today. This means that these games are available in different casino sites wherever and whenever punters want to access them. All participants will be connected regardless of the casino sites they subscribe to. This kind of online slots usually come with the biggest jackpots.
Now that we have familiarised ourselves with the different types of jackpots available, we can move further to learn more about jackpots.
What is a Progressive Jackpot?
A progressive jackpot is obtainable in online games that are made by a particular casino software developer and features a shared pool prize. Whenever a punter places a bet on that specific game, a tiny percentage of the bet amount is redirected to the prize pool, which is the progressive jackpot. What this would mean is that the prize of the jackpot would continue to grow. Here, there is a jackpot pool that is shared by many casinos with as many players as are available. When a punter wins the progressive jackpot, what happens will be that the prize pool everywhere will automatically be reset. The majority of such online slot games have a guaranteed prize, which means that even if one punter has won the prize, another punter can also have a chance to win big immediately after.
Do not forget that every game that has an exclusive reward like this one comes with its specific rules. The rules are clearly stated in the particular game. Every punter must read through the rules before going ahead to play.
How do you win a progressive jackpot?
This is one massive question that many punters always have in mind. Whether new or old, every casino player wants to know the best way to win jackpots, but sadly there is no magic formula to help you. The majority of jackpots can only be won with the aid of the slot feature that is randomly triggered. As you probably know, online slot games are typically a game of chance, so there are no sophisticated strategies that are guaranteed to help a punter increase their winning chances.
The only thing that you need to do to be on the journey to winning a progressive jackpot is to play an online slot machine that has such a feature. If you’re lucky enough to trigger the jackpot feature, then you most likely will be required to play a bonus game. In many cases, the chances of winning a jackpot are high. However, the only thing that you may not know is the size of the jackpot because some games can feature multi-level jackpot rewards such as the mini jackpots, midi jackpots, and Maxi jackpots.
In some games, punters will be required to spin a wheel of Fortune for them to win the jackpot while in some other punters will have to pick an object to expose the prize. In any case, punters can expect awesome moments at the reels when they successfully activate the jackpot feature.
It is always a good idea to play Demo Slots first
Even though it is not a difficult thing to play progressive slots, it is always smart for punters to try such games for fun before playing for real money. After all, many slots give point is the opportunity to play such games for no cost. One thing you must understand about games that feature such potential rewards is that you also need to enjoy them while you play.
Another opportunity you would get from playing for zero cost is the chance to test the game and get an explicit knowledge of all the features that it has. Once again, you must bear in mind that there is no specific strategy that would assist you in increasing your winning chances when it comes to progressive slot games.
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Playing with Max bets to Win
If you take your time to research how progressive jackpots are awarded, you will notice that most of them are awarded at random. However, some tips just might optimize your winning chances.
For example, several online slots game clearly state how placing maximum bets will increase the chances of getting a jackpot significantly. This is one information you must take into account before you place a bet. However, this does not mean that you cannot win the jackpot or other available prices when you place smaller bets. If you want to be on, it is best that you placed bets that are compatible with your budget. You must set a budget that you can stick to before you go ahead to play any of these games. You must also remember that progressive slot games can be addictive. Some progressive slot machines will require that a player place with a max number of pay lines for them to get a chance at the progressive jackpot.
How can you find a progressive jackpot slot?
The best way to find a progressive jackpot slot is to visit an online casino. However, you also can find a slot like this in land-based casinos. When you have decided to search for progressive jackpot slots, ensure that you only visit reliable casino sites. If you fall into the hands of rogue casinos, not only will you not be awarded your reward, but your personal information can also be abused. Always search for casinos that are reliable and have positive reviews.
Once you can spot a casino that fits into this category, you can visit their game section and choose the slot category. On most online casinos, you will find that this section is highlighted because they place most of their games in this category. You can also find a progressive jackpot or special jackpot subcategories in some casinos where you can easily spot all the games that have the reward you are searching for. However, if you do not find this section in the casino you visit, another best option is for you to learn about the popular titles that come with this feature and then search for the games by name.
Popular progressive Jackpot Games in 2020
There are so many new games with progressive jackpots you can find in online casinos; however, not all of them are attractive in an equal manner. Some of these games that are more famous than others, so it is advisable to try out some of the famous ones for you to understand how progressive jackpots work.
Mega Moolah Jackpot Game
This is a micro gaming online casino game with 5 reels and 25 pay lines. It is also one of the slot games that has recorded the highest progressive jackpot payout of all time. It is an exciting animal-themed game that you will enjoy.
Another beautiful slot game that comes with a jackpot feature is mega fortune. This famous progressive slot game is one of the many Creations by NetEnt. This is a slot game with a theme surrounding wealth and luxury. The RTP of mega fortune is 96%. You would also enjoy a few other prices in addition to the games progressive jackpot. This is one that is worth trying.
How frequently do players win Jackpots?
This question is one that is difficult to answer because of the numerous factors that are in play. If it were possible to answer the question in a single sentence, we would say that it is a frequent occurrence. This answer would make a lot of sense because, as earlier stated, there are many games with progressive jackpots features, and there are thousands of players that engaging them regularly. When you want to find out about how frequently winnings are recorded, you have to take some things into account, including the RTP, the volatility of the game, and the probability of achieving a progressive jackpot prize. The best way for you to get precise information about how frequently people cash out jackpot from specific games is to search the past records of the game you’re interested in.
What is the highest recorded jackpot victory?
If you want to stay motivated and understand why it might be a good thing to engage in progressive jackpot games is checking out the highest recorded winds in such games. It is interesting to point out that players from different parts of the world have recorded huge prices from online casinos because of jackpot features in the games they play.
In January 2019, an anonymous punter recorded a total of 19 million Euros from mega moolah online slots game. Another punter won the massive jackpot prize of 17.8 million Euros from Netent’s mega fortune online slot after playing with less than a Euro.
A man from the United Kingdom has also benefited from mega moolah. This punter reportedly played the game that earned him this life-changing amount with less than 25 euro Cent. With all of these, you can see that jackpot are not difficult to call me by once you’re lucky enough.
Last Thoughts and what to take with you regarding Jackpots
Now that you have known about the different jackpot types, how to play games to earn jackpots, and what you can potentially benefit from a jackpot, you can already tell that no one can genuinely guarantee that you will get a jackpot right away.
As we have earlier pointed out, there is no particular strategy that will assist you in grabbing the main price of the game you want in a short time. However, there are a few things you can do to help your chances of winning. Remember that before you go ahead to play any game that has a progressive jackpot, it is vital to look for a reliable casino When Your winnings will be given to you, and your information will be protected.