It is difficult to dispute the statement that the goal of almost any gambler is to win big. At the same time, we are not talking about four or five-digit numbers, but preferably six-digit numbers and more. Since the main machines launched in online casinos belong to the category of video slots with reels, it should be remembered that really large payouts are possible when winning a progressive jackpot. This is what we will talk about in more detail.
Accumulative or progressive jackpot
Not every new gamer knows how the progressive jackpot amount is formed. Most have heard about the huge winnings received in virtual casinos, but not everyone knows that compared to land-based clubs, these payments can still be considered “childish”. And this is despite the fact that the largest progressive jackpots, won online, were very impressive: the maximum was about 18 million euros. So, The cumulative main prize can be of three types:
- Stand Alone Progressive. Among the progressive jackpots, this prize is considered the most modest, as it is accumulated on one machine installed in a specific club.
- Proprietary Progressive. This is a more substantial reward, which grows due to the network of machines operating in one or several establishments (usually, they are managed by a single operator).
- Wide Area Progressive. We are talking about a real progressive jackpot with multi-million dollar amounts. The prize is formed on different machines from one provider, which are part of a large network. Slots can be installed in different parts of the world in casinos managed by different companies.
The amount of any jackpot grows due to the deduction of a small percentage of each bet of players who launch a specific single simulator or a machine included in a network of slots.
If anyone is expecting to easily hit the jackpot, we hasten to disappoint you. The chance of getting a large payout even on the most honest and reliable platform is about 1 in 50 million... To be completely honest, almost any progressive jackpot is just a great marketing ploy by the administration, which attracts new visitors to the casino, ready to spend money on the game. Even winning serious amounts by rare lucky ones does not affect the club's income. The casino, in the end, earns much more due to excellent advertising, which is any serious payment.
The most popular progressive jackpot slots
The most famous and popular slots with progressive jackpots are those machines that have brought huge wins offline or online. For example, a Megabucks machine installed in one of the Las Vegas casinos helped a lucky person become richer by 35 million bucks! Another famous slot is considered Mega Moolah by Microgaming. It was this machine that got into the Guinness Book of Records for the largest online payout.
Before we continue, let's add a couple of flies in the ointment. Almost all simulators of this type have low returns. The RTP level of such devices may not exceed 90%. By the way. Regular "one-armed bandits" have more interesting parameters. On average - 95%-97%. However, these are not all the troubles that await players. Do not forget about the payout limits. Even in land-based casinos, large winnings can be paid out in parts over several months. In online clubs, the restrictions are even stricter. Having won a couple of million dollars, you can wait a very long time for the full payment. As you understand, no institution will withdraw such an amount at once.
As a result of all the above, we recommend that you listen to the following recommendations: do not start playing in a casino with the sole purpose of hitting the jackpot. With a very high degree of probability, you will not succeed anyway. It is much wiser to come to the site and just have fun wisely. Do not forget that gambling addiction occurs very quickly, and it is almost impossible to get rid of it.
