Thousands of players search for progressive jackpot slots, online casinos create separate tabs for them in game menus, and news tells us about big wins. Nevertheless, not everyone can tell the difference between regular and progressive slots.
If you don't know that either, don't worry. We have prepared a detailed explanation of the progressive jackpot slots principle of work and the advantages of these games. In addition, you will find some worthy examples of mega jackpot slots in our guide.
Why Are Progressive Jackpots So Popular?
So, let's figure out what these slots are, how they differ from regular ones, and why they are in such demand.
Super-massive jackpot
The particularity of progressive jackpots lies in the word "progressive". As you might know, casino games have lower and upper limits for bets and indicated multipliers. Hence, your maximum winning is also limited in any particular slot.
When gamblers lose, their money is added to the game prize pool. If players win, they get the corresponding payouts out of the total amount.
However, if we speak about progressive jackpot games, they offer a unique, super-jackpot prize. The sum isn't fixed by the provider but is collected from all bets. Hundreds of casino clients test their fortune, a certain percentage of every stake on the slot is collected, and the prize grows. The winning may enlarge for weeks, months, and even years until the day comes.
Tens and hundreds of thousands are added to the prize pool until the full amount is paid out to a single lucky player. That's it, the winner gets not a fixed share of the pool, but the total amount. The luckiest one takes it all! It is an alluring dream of every gambler.
Fixed jackpots and bonuses
Please, don't think that the fantastic progressive jackpot is the only prize you can hit on such a slot. It would mean that only one player among hundreds of them would profit from a casino game. Moreover, a particular slot machine would pay out once in a blue moon.
Fortunately, fixed winnings can be hit as well. Progressive game machines are similar to regular ones in this regard. To be precise, they are high volatility slots with significant payouts. The total number of fixed jackpots equals three or four in most cases.
Moreover, such slot machines can feature special symbols like Wild or Scatter ones. Combinations of symbols may trigger bonus features like Bonus games as well. So, playing a progressive jackpot is very similar to making bets in a regular one.
Immediate payouts
All virtual gambling houses impose limits on the maximum withdrawals. Some online casinos remove these restrictions on progressive-jackpot winnings. It's not a rule, and they are not obliged to do that. However, it is a significant perk.
Imagine you won €1,000,000 and have to wait for practically three years until the full sum will be paid out to you within a €30,000 monthly limit. A situation like that seems a bit depressing, doesn't it?
Fortunately, the 1Red casino rids its clients of the limitations on progressive winnings.
High Variance
High-variance games give out prizes rarely, but the amounts are impressive. That's why some gamblers prefer these slots to low-variety ones.
And what games can offer more massive wins than progressive slots? Evidently, such titles are the main aim of players who hunt for a tidy sum.
Well, winning combinations don't drop really often but mega jackpots wouldn't be accumulated otherwise. If progressive prizes were paid out regularly, they would only contain a few euros!
Vast Choice of Games
It's the same advantage that all slot machines have. You can find games with different features, of different styles and visual themes. In particular, 1Red offers hundreds of diverse and wonderful options.
Types of Progressive Jackpots
Not every progressive grows at the same speed, because not every game pools its bets the same way. Most fall into one of three groups. Standalone jackpots are funded only by bets on a single machine, so they stay smaller but pay out more often. Local, in-house jackpots are pooled across several games at one casino. Networked, wide-area jackpots are linked across many casinos, which is how the prize can climb into the millions — these are the ones behind the record wins you read about. One trade-off is worth knowing: because a slice of every bet feeds the pool, progressive slots usually run a few percentage points below the roughly 96% RTP of a standard slot. That is simply the cost of chasing a life-changing prize.
How Can You Profit Playing Progressive Jackpots
The same tips that can help you win in regular slots are true for jackpots. The main recommendations are the following:
- Practice. 1Red allows players to try most games in a demo version. Don't miss your chance to get acquainted with the peculiarities of a new title.
- Search for features. You may be surprised but progressive jackpots may also include special symbols like Wilds or Scatters.
- Manage your bankroll. Remember that slot machines are games of luck and every spin matters. Give yourself more opportunities to win!
- Check the paytable. See how many fixed jackpots a slot offers — usually three or four — and which symbol combinations or bonus features trigger them before you start spinning.
And the main rule is that you should keep in mind the true goal of your play. Wins are always pleasant, but the main goal is to entertain yourself!
Frequently Asked Questions
How do progressive jackpots work? A fixed percentage of every bet placed on the slot is added to a shared prize pool. The pool keeps growing — sometimes for weeks, months or even years — until one player hits the jackpot and takes the entire amount.
Can you win anything besides the progressive jackpot? Yes. Progressive slots are high-volatility games that also pay fixed jackpots — usually three or four — and they can feature special symbols like Wilds or Scatters and trigger bonus games, just like regular slots.
When did progressive slots appear? The first progressive slot, Megabucks, was launched by IGT in 1986. The first online progressive, Microgaming's Cash Splash, followed in 1997.
Are progressive winnings paid out without the usual withdrawal limit at 1Red? Yes. 1Red removes its limits on progressive-jackpot winnings, so you don't have to wait out a monthly withdrawal cap to receive the full sum.
Final Notes
Thus, progressive jackpot slots have conquered a wide audience and become one of the most demanded games on gambling sites. Today, plenty of casino clients push their luck and aspire to a life-changing win.
Although only a handful can get the grand prize, our first-rate slot machines offer several different jackpots. Therefore, the number of victorious players increases significantly.
Test your luck and become one of the happy souls that benefit from our marvelous casino games. Select any title from our extensive collection, play progressive jackpots consciously, and have a whale of a time in the 1Red online casino!