Jackpot Full Beginners Guide | Local | Fixed | Pool | Progressive

0
641

Jackpots

We present you – Jackpot Full Beginners Guide! Many people walk into casino houses with a common aim; to leave richer than they got in. Apart from winning in normal games, the fantasy of winning a jackpot is a whole new level of excitement.

People have at one time or the other made a mental list of things they would like to do with a jackpot win. A jackpot is the largest possible win in a range of games. Winning jackpots could be as a result of right guesses, or playing of a rare combination at the slot machine.

Jackpot wins have overtime been large enough to change the lives of the winners if put into good use or utilized well. The concept of jackpots began from the game of poker.

Jackpots slots could be of many types. While they all have distinct characteristics, they are basically wins under different conditions. Of all of them, progressive jackpots and classic jackpots are the most popular.

Table of content:

  1. Jackpots
  2. Local Jackpots
  3. Fixed Jackpots
  4. Pooled Jackpots
  5. Progressive Jackpots
    1. 3 types of progressive jackpots
      1. Wide Area Progressive Machine
      2. In-House Progressive Machine
      3. Stand Alone Progressive Machine
  6. Tips For Playing Progressive Jackpots
    1. Pros & Cons of Progressive Jackpots
  7. Classic Jackpots
    1. Tips For Playing Classic Jackpots
  8. Progressive Jackpots vs Classic Jackpots
  9. Progressive jackpots are not fixed at a particular amount
  10. Top Ten Slots With The Best Jackpots
    1. Mega Moolah
    2. Mega Fortune
    3. Millionaire Genie
    4. Absolutely Mad Mega Moolah
    5. Hall of Gods
    6. Rainbow Riches
    7. Greedy Goblin
    8. Wheel of Fortune
    9. Jack Hammer Slots
    10. Twin Spin

Local Jackpots

Local jackpots are usually not so large. Bets which gamers place in particular casinos usually make them. This kind of win does not pay so much because the pay is usually subject to the number of players at the casino. Also, in local jackpots, only players at such casinos can win.

Fixed Jackpots

These kinds of jackpots are not subject to the player’s bets. This kind of jackpot is also famous as Cash pot Jackpot.

Pooled Jackpots

Pooled jackpots offer the biggest wins. The wins here are contributed across multiple casinos but are gotten from a specific game.

Progressive Jackpots

Progressive Jackpots, the most famous type of jackpot doesn’t just include video poker and slot machines. There are also games like Bingo, Roulette, Keno, Blackjack to mention only a few. Each time someone plays a progressive jackpot and doesn’t win, the next play’s reset and begins counting under the same rule. 

You should note that you shouldn’t be playing progressive jackpots with all the cash in your bankroll. Actually, you should only allocate a specified amount to this venture as there is a very high chance of losing it all. 

3 types of progressive jackpots:

  • Wide Area Progressive, 
  • In-House Progressive, 
  • Stand Alone Progressive.

Wide Area Progressive Machine:

This machine is the most common type of progressive jackpot. Wide area progressive machines are famous for giving life-changing wins. They are usually connected together by different casinos who only get a share from the percentage of their winnings.

In addition to the connection between them, there is usually an independent operator who operates them. As is expected of a machine that gives life-changing wins, the chances of winning a progressive jackpot are very slim.

In-House progressive Machine:

In-House progressive machines are also famous as Proprietary progressive machines. They are also a set of devices that are being linked together which are owned and operated by a casino. Though they do not offer multi-million cash wins, they give substantial prizes.

Stand Alone Progressive Machine:

Finally, unlike In-House Progressives and Wide Area Progressives, Stand Alone Progressive machines (as the name implies) literally stand alone. This machine usually has a jackpot prize and a percentage that has been taken from coins to be added to the jackpot as a reward for having the highest winning combination of symbols.

Though the progressive jackpots in Stand-Alone Progressive Machines are usually minimal when you compare them to linked slot machines, the payback of this slot machine is often equal to other slot machines of the same type.

Progressive Jackpots offer one of the largest wins. The wins run into millions and as such are usually hard to win. People who usually win these jackpots are those whose bets over time have accumulated and they grow each time a player bets. As such, each bet makes up the overall winning.

Also see:

Learn What Sports Betting Odds Means?

What are Free Spins: Full Knowledge Guide

Tips For Playing Progressive Jackpots

  1. Bet enough to be eligible for the progressive jackpot. While some games do not require you to bet the maximum you can to qualify, some do.
  2. Spin the reels slowly. The fewer spins you pay for, the less money you are liable to lose.
  3. Never play with money you hope to use for some other venture.
  4. Take advantage of free spins.
  5. Never overlook the terms and conditions. They are always lurking in some conspicuous place which makes it easy to spot them.
  6. Go through reviews on casino sites and social media pages.
  7. Check to make sure the site you are playing on is registered.
  8. Choose the slot with the highest RTP (Return To Player).

Pros & Cons of Progressive Jackpots

Pros and cons are inevitable in every sphere of life but luckily for lovers of progressive jackpots the advantages are way more.

Advantages

In progressive Jackpots, there is a high possibility of winning large. As earlier stated, one win can change your life entirely.  Betting the maximum coins give you a chance to win the highest amount possible.

Also, you can expect to receive bonuses as you play. So, playing progressive jackpots is a very good way of increasing your balance.

Moving forward, another benefit is increasing odds. As the progressive jackpots grow, the attainable payout rises and the game’s odds tend to favor the player.

Progressive jackpots also come in simpler versions than their non-progressive counterparts as payout methods are straight forward.

Disadvantages

One major disadvantage of playing progressive jackpots is that you may not win as often as you may like. This is because wins are usually high and as such the operators may run at a loss if the wins come too frequently.

Another disadvantage is that payback starts lower. Payback is usually at around 88% and unfortunately, this is applicable to both land-based casinos and virtual casinos too.

Classic Jackpots

Classic jackpots are as old as time itself. Itis the highest win available in any classic slot machine. Classic slot machines were once the most thrilling things in the casino landscape.

To date, they still form a background for modern slots. With its reels, payline, and fruit symbols, classic slots have evolved over the years. Classic slots have no distinct definition as players believe that any machine short of high-quality features is classic.

If you are one to prefer simplicity over complexity, then you should play classic slots as these games are the closest you can get to original slot machines that first started at land based casinos. Classic slots use fruit symbols like, oranges, cherries, and even lemons. It may also include other symbols like the bells and bars. 

What the classic jackpot lacks in extra features, it has in occasional bonus rounds and even wild and scatter symbols. Classic slot games that are in video form also use RNG (Random Number Generator) which decides what reels and symbols to display. 

Tips For Playing Classic Jackpots

  • Play free games.
  • Set limits for every session you play. These limits could be financial or even time-wise. It makes you know when to stop playing.
  • Play for the minutest amount you can find.
  • Be vigilant while playing.

Progressive Jackpots vs Classic Jackpots

Both jackpots have similar characteristics, but even at that there is a thin line of differences between them. Here are few differences:

They have designed Progressive Jackpots to appeal to the senses of the players both physically and game wise but classic jackpots go straight to the point as they do not have the aesthetics of the contemporary slots.

They offer bonuses and free spins at almost every level and every game but classical jackpots have only selected bonuses for players.

Slots, which are progressive, are known to accumulate and their players can be spread across a wide geographical zone. On the other hand, Classical jackpots do not accumulate.

Progressive jackpots are not fixed at a particular amount

Progressive jackpots are not fixed at a particular amount but this is not the same with classical jackpots. Classical jackpots are static and do not increase per time.

Wins on progressive jackpots are usually large as they accumulate from wagers of players over time. They run into millions of pounds and cannot be won again until it resets and begins to accumulate all over. Classical jackpots are not so large and are not even got from the wagering of players over time.

Due to the fact that progressive jackpots pay a lot, they are hard to win. This is the reverse for classical jackpots as since they do not have a whole lot, they can afford to have winners more regularly.

Top Ten Slots With The Best Jackpots

We have compiled a list of the best slot games where you can get jackpots. Ride along!

1. Mega Moolah

Mega Moolah has four progressive jackpots that you can win by spinning the Jackpot bonus game. They are famous as the Mini, Minor, Major, and the Mega Jackpot. The Mega Jackpot is the largest and has a definite payout of one million pounds. The largest and most recent jackpot won ran into over six million pounds.

2. Mega Fortune

This slot game gives players the ultimate slot experience and an opportunity to win massively. The most recent winner who ended up in the Guinness Book Of Record won a jackpot worth 17.8 million Euros.

3. Millionaire Genie

This game awards a progressive jackpot at random which is highly dependent on the size of one’s bet. With 5 reels, up to 15 paylines, and the presence of wild symbols, winning has become much easier.

4. Absolutely Mad Mega Moolah

Just like the first Mega Moolah, has four progressive jackpot slots. On some games, you can win a number of jackpots on a particular day as it is programmed to have more than one winner per day. Absolutely Mad Mega Moolah is a little bit different from all other slots made by Microgaming as it offers as many as 243 ways to win across the reels.

5. Hall of Gods

Hall of Gods is one of the most famous jackpot slots. This slot was built with absolute high standards, however, it’s easy to play. It comprises wild symbols, free spin features, and even a bonus game where you stand a chance of winning one of the three progressive jackpots.

6. Rainbow Riches

Rainbow Riches is one of the most straight forward slots. This feature has brought about its popularity as it is famous for displaying a pot of gold. It offers a good start for beginners but also interesting enough for advanced players.

7. Greedy Goblin

One striking feature of this game is its entertaining capability. It also allows for maximum wins which is a key component for players looking to play jackpots. Also, its endless number of free spins is another feather to its cap.

8. Wheel of Fortune

The visual and audio elements of this slot make it appealing to players-both veterans and newbies. The wheel of fortune feature is where you get to play progressive jackpots. Apart from this, other smaller prizes can be won too.

9. Jack Hammer Slots

Jack Hammers Slots is another of NetEnt’s slots that helps a player leave with a big grin. It features mobile scatter symbols, wilds, bonuses, free spins, and multipliers. This slot is home to 5 reels, 25 pay lines, and a Return To Player of 96.96%.

10. Twin Spin

Twin Spin, with the amazing twin reel feature, is a unique slot game. It features simpler gameplay and will most likely appeal to players big on classical slots. Also, its visual appeal is beautiful and the symbols vibrate in beautiful colors on the reels on display.

LEAVE A REPLY

Please enter your comment!
Please enter your name here