Compared to table games, online slots offer more big win opportunities. However, the presence of numerous slot machine types can make deciding difficult for some individuals. Why don’t you narrow down your search by going for this particular variant called progressive slots?
Whether you want to try your luck on life-changing jackpots or you’re looking for a way to entertain yourself, a progressive slot machine would surely be ideal for you. These slots come with larger winning values than those of other games like roulette or blackjack.
Every time a player places his/her stake, the progressive jackpot’s value increases. This process goes on until someone is lucky enough to win the jackpot prize. After each massive win, the progressive jackpot resets to its initial value and starts increasing again.
The majority of online progressive slots nowadays are connected with other machines to make jackpots happen more frequently. Nevertheless, there are still casinos that offer standalone progressive slot machines among their arsenal of games. For those who have been considering online progressive slot games, this article will discuss everything you need to know to help you come up with a conclusion.
What Are Progressive Slots?
With the help of technological breakthroughs, online casinos became a reality. Online progressive slots are slowly becoming as popular as their land-based counterparts. Even though the platform they are presented on differs, these two variants implement the same concept. Attaining life-changing wins is now possible even from the comfort of your home thanks to online progressive slot machines.
Understanding the concept of these slots is not that difficult. As more players place their bets, the jackpot prize’s value increases. The assigned percentage determines how much is added to the progressive jackpot each time.
There are three types of progressive slots – local progressives, standalone progressives, and wide area network progressives. Out of these three, the standalone progressives usually have the smallest jackpots. The jackpot prizes of standalone machines can increase significantly depending on how often winnings get given out. Keeping the differences between each progressive slot in mind will help you decide which one is best for you.
How Do Progressive Jackpot Slots Work?
Unlike other slot machines that offer a fixed prize amount, the jackpot in progressive slots rises every time a player puts coins into the machine. This difference explains why progressive slot machines offer larger rewards compared to the other slot machine types.
It is safe to say that progressive slots are similar to lottery games. Jackpots may not occur frequently, but the huge prizes that come with them make up for it. This remarkable winning opportunity is the primary reason many players prefer progressive machines over others.
One great way to spot progressive slot machines is to look for a jackpot meter or jackpot ticker. Whenever someone places a losing bet, the meter or ticker moves higher. Observing a machine’s indicator might let you know if the jackpot is worth going the trouble for, so keep your eyes open for it.
Most progressive games require players to make the maximum bet to qualify for the jackpot. Placing bets other than the max bet would likely give you only small payouts. Because of this rule, playing a progressive slot game is not recommended if you’re not willing to play with maximum bets. You still have the option of playing other slot games if you’d rather play safe.
Linked Progressive Slot Machines
These machines offer some of the biggest jackpots available today. As mentioned earlier, wide area progressive slots are linked together from unrelated casinos. Several progressive machines are usually present across different casinos, and they share one jackpot prize.
Still, these machines are not under a single company. The casinos involved do get a percentage of the winnings, but the operator remains in charge of the games. Progressive games are only leased by the participating casinos, which means that they are not responsible for paying out massive jackpot prizes.
The casinos and manufacturers profit from progressive slot machines through player losses. All casinos involved will eventually split these losses fairly, depending on some factors. The manufacturer would get the majority of these losses, which makes sense since they own the game. Considering that the act of connecting slot machines comes with huge costs, this explains why progressive slots offer lower payback percentages than the others.
How to Play Progressive Slots
When playing progressive slots, placing the maximum bet allowed is the best option. Doing this prevents devastating losses in the future if you do win. Let’s say that a particular progressive slot machine has a 4-coin maximum betting option. If you were to put one coin, you risk only winning a quarter of the total jackpot prize.
Progressive games are best suited for individuals who are comfortable enough to bet the maximum amounts involved. To help you determine whether a progressive slot is ideal for you or not, inspecting your budget before indulging is necessary.
Some players suggest using only a portion of your budget on progressive games and then betting the rest on other casino games. You’ll be able to both test your luck at progressive slots and reduce the chances of leaving empty-handed this way. Following this tip is not obligatory, however. For those who are bold enough to go all in, you have the right to do that as well.
How Often Do Progressive Jackpot Slots Hit?
There is no guaranteed way to tell when a progressive jackpot will happen. Most of the time, winnings happen more frequently when a small number of machines are linked together. The jackpot-occurrence frequency can range anywhere from several times a week to several times a month. This frequency depends on the programming incorporated into the game.
Because casinos are unlikely to lose profit from small jackpots, you can expect them to come by more often. On the other hand, taking part in a progressive game in which countless people are competing over each other makes sense if it gives out jackpots less frequently.
Although progressive jackpots don’t occur during a specific time, your chances of winning are likely highest when casinos are most active. Numerous in-game factors determine the game’s lucky jackpot winner every time. No matter how you look at it, you could be the next jackpot winner if luck is on your side.
What are the Best Progressive Slots
You won’t be surprised if we call these online slot machines a millionaire maker. These machines can reward players with life-changing amounts, and previously many of these machines have done it multiple times. These casino slots generally offer generous RTP margins, meaning it’s guaranteed that players will get the maximum portion of the money wagered in it over time. Progressive jackpots are often subject to comparably higher variance level. A higher variance level enables these machines to grant big winnings but in lesser frequency. Now let’s talk about 5 of the best progressive slots
Divine Fortune Progressive Online Slot
Sprinkling the essence of ancient history or Greek mythology, this NetEnt powered online progressive reel will make you attentive from the very beginning. Along with famous mythological characters like the snake-haired Medusa and Nemean lion, mystic Pegasus will join your venture as the gaming wild. Wild symbols will be added into the gameplay in two different ways- wilds will come down one space on the reels (flying wild), and it can arrive to cover the entire set of reels (expanding wild). Wilds appear with free spins along with it. Lashed with major, minor, and mega jackpot, this high volatility slot offers 96.6% RTP.
Mega Moolah Progressive Online Slot
In 2020, this progressive slot has proffered over 70 million to eight different lucky winners. Compatible with mobile and personal computers, this Microgaming slot machine set the gameplay in African Savanah, amidst wild animals. The game is an all-around action because of features like free spins, wild and scatters rewards, and a randomly activated jackpot bonus game. This title is too the owner of 4 different jackpots, namely Mini, Major, Minor, and Mega. Mega proffers the highest wins, starting from a guaranteed winning payout of £1,000,000.00. However, you cannot try this slot in ‘fun mode’; since the seeds from each placed bet are meant to contribute to the jackpot fund.
Mega Fortune Online Slot Progressive Slot
With five reels, three rows, and 25 paylines, NetEnt’s Mega Fortune slot is truly a life maker. Successively gather up matching symbols from reel 1, and you will be rewarded with luxurious cash amounts. The betting limit ranges from 25p to £50 per spin, and the autoplay option lets players choose up to 1,000 consecutive spins.
The slot is also alluring with a 52.6% hit frequency. Let’s say you will have chances of reaching wins with every half of a spin. Besides, choosing Mega Fortune for wagering in, you will be tangling your luck with a 96.6% RTP, pretty decent for a progressive jackpot slot. The biggest possible winning out of this title is 2,162x of the wagered amount.
Major Million Progressive Slot
Another pocket-furnace from Microgaming, furnished with five reels and three rows setup attached with 15 different winning lines. On 7/11/2020, it paid out £359,898.48. The slot will cover your gaming theme with a military theme, and symbols like Major’s cap, medals, bomber airplane, and secret envelope will add to its music. 0.20 is the fixed value that each coin possesses, and you can also select how many winning lines you want to play with. There’s a progressive jackpot meter for notifying you of how much you are playing. Major Million symbols are the wild here, which can offer you 8,000 coins, the base level game’s highest jackpot.
Arabian Nights Progressive Slot
Another NetEnt progressive slot, and yet another mammoth cash-paying machine. Arabian Nights offer a galore of winning opportunities through 95.22% RTP, five reels, and ten paylines. Being themed on renowned Arabian nights, it constructs gameplay with an Arabian man wild, oil lamp scatters, and other theme-based symbols. If three or more scatter symbols gather up in reel 5, the free spin round will be triggered. And, any winnings from these free spins will be offered to players after getting tripled in value. This progressive reel bestows winnings if you are playing it with all active lines, wagering 0.50 credits into each, and have gathered five wilds in adjacent reels.