- 1 hitting the jackpot with progressive slot machines
- 1.1 Hitting the Jackpot with Progressive Slot Machines
- 1.2 Hitting the Jackpot with Progressive Slot Machines
- 1.3 How to Win at Progressive Slot Machines Online
- 1.4 Top 3 Progressive Slot Machines Tips
- 1.5 Jackpot slots-A paradigm shift has taken place in casinos with progressive slots ruling the roost!
- 1.6 What Makes Progressive Slot Machines So Popular?
- 1.7 Fixed Hold Percentages from the Box
- 1.8 Progressive Jackpot Slots – The Real Deal
- 1.9 Tips for Winning Progressive Jackpot Slot Machine Games
hitting the jackpot with progressive slot machines
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Thousands of people have become millionaires playing Megajackpots in the USA and now, players can win huge amount online too. The chances of hitting a jackpot are slim. Very slim. But all the casinos pay them out regularly, whether they are online or in Vegas.
Over the last few years, we have been seeing more and more online casinos with $1m dollar jackpots and the good news is the good casinos love to pay out because it is such good publicity for them.
If you like to play real money slots online to win jackpots, the first thing to do is research the casinos. You need to find a casino that has a good reputation for paying out their winners quickly and without fuss.
There are loads of online casinos that have paid out big multi-million dollar jackpots now, so doing the research is not difficult. One thing you can do is just google the casino you are looking at along with the word 'jackpot' and look for the press releases.
Online slots jackpots are improving by the day. A decade ago very few of the casinos offered them, but as the industry has grown and government regulation of casinos has come in, more and more slots jackpot casinos are appearing with every month that goes by.
Some jackpots are now well over $1m and we have even see some at over $6m. In the UK, the Cleopatra slots jackpots (run by the same company that offers slots in Las Vegas) are often over $5m.
One thing to look out for, is how much you have to stake on each spin to have a chance of winning the jackpot.
Some slot machines have a rule that you must 'max bet' to be able to win a jackpot. If you do not max bet and hit the jackpot sequence of reels, you still get a big win, but not the really big progressive slot jackpot.
If you are a big money player, it might be that you tend to max bet anyway when you enjoy your slots, but for many of us, playing low value and still being able to win the jackpot is the thing we are searching for.
Some slot machines to look out for if you are one of us 'value' players are the ones where you only have to max bet on the winning line, rather than max bet by playing all the lines and all with maximum credits.
You should also look out for games where the lowest credit denomination is 1 cent, but the game still allows you to win the jackpot. There are plenty of them, but you have to search for them.
One of the best machines of this type is the Jackpot Party Penny Parade game. They have random jackpots, which can even be triggered even if you are only playing one line at 1 cent per spin.
In land-based casinos, you will find many slots attached to big progressive jackpots. Right now in Vegas, one of the most popular is the Williams Gaming jackpot (WMS jackpots) that is attached to gaming machines like Top Gun slots and the Wizard of Oz slot machine.
Not only are these games some of best out there, with great bonus features, compelling characters in the video bonuses and amazing sound effects, the last time we looked, these machines had a big $1m jackpot.
TIP - if you are looking to win a jackpot playing pennies it is much better to play 5 lines at max bet if it means you have a chance of winning the jackpot, than it is to play 20 lines at a lower bet, but be unable to win it
Then there are the Wheel of Fortune Jackpots that are always popular - it's worth looking around to find the best wheel of fortune slot for you, because there is such a huge number of them in any casino, that you need to find the one that pays out the big slot prize for the amount you intend to play.
As we mentioned before, a lot of machines have rules where they do not allow you to win a jackpot unless you max bet. These max bets can be as high as $5, especially on the newer big games. But on other machines, the max bet might be $1. So, what should we do?
It stands to reason, that if you are playing $1 per spin on a $5 max bet machine and it does not allow you to take a maximum prize on that $1 spin, then you are getting bad value for money.
To maximize your potential, you would be much better off finding a different game to play where you can spin $1 and have a chance of the jackpot. The take-home message is simple - if you like to play for jackpots, make sure you take a good look around the casino and find the best slot for you.
If you prefer just to play for the fun of exploring the game, seeing what the bonus features are like, the movie clips etc., then you would be better off ignoring the jackpots completely, playing minimum bet and just enjoying it as entertainment.
Whichever way you look at it, the slots are a form of entertainment. Fun. Not a way to make big money. jackpots are popular and you should try to get the best odds when you play, but they are still just part of the fun.
If you a fan of the ever growing gambling trend, the times are changing, the lingo is changing, and slot machine mastery is changing!
There are so many different terms to winning today in casinos, often it leaves players breathless with wonder. Have you ever walked into a casino and not understood the difference between a casino jackpot win? Or have you ever just wondered what the difference is between a jackpot and a progressive jackpot?
Let us give you some insight on the progressive jackpots.
WHAT IS A PROGRESSIVE SLOT JACKPOT?
Winning slots in a casino sometimes seems like a piece of cake, while other times it seems that you have to develop a mastery of the slot machine.
There is some really good insider information that you may find helpful on progressive slots. Progressive jackpot slots are the only slot game that regularly offers millions of dollars plus jackpots.
The whole idea to progressive slot machines is that a percentage of each bet placed would add to the jackpot prize. Thus, every bet played would be added to the previous bets, making the jackpot grow. Every time you spin the reel, or push the reel button, a percentage of your bet is added to the jackpot, causing the jackpot to grow, and grow and grow. The problem with progressive jackpots is that they have a lower payout percentage than a standard slot machine jackpot.
PLAYING TIPS TO WIN PROGRESSIVE SLOT MACHINES
When playing progressive slot machines the best pay out is always with the max bet allowed. This means, if the game says that the max bet is 3 coins, you should play 3 coins. This is because when you win slots, you only win the maximum jackpot if you bet the max bet. If you do not play max bet, your win could only be a third of what it should or could have been.
Most people like to play $1.00 or .25 slots. What could be worse than betting a half dollar on a one dollar slot and only winning $1000.00 when you could have won the progressive jackpot of 100000.00!
If you like to play land based casinos, make sure that all the coins have registered and been accounted for before spinning your reel. Playing online is a little easier; just be sure to always hit the max bet option.
Some wonder if progressive slots are worth the money. The main thing to take into consideration is to know your budget. Progressive jackpots tend to have a lower payout record than other slot machines. If you have a certain amount of money you are playing with, only play a portion towards progressive slots. This will help you keep some money to play other slot machines if your luck is not with you on the progressive slot machines with higher pay out odds.
Once a progressive jackpot is won, the meter usually resets itself to the base jackpot amount. Most legitimate casinos will give you information on when the last progressive jackpot took place, and for how much the win was for. Check Slotland homepage for details.
WHERE TO FIND PROGRESSIVE SLOTS
Slot machines in casinos are making changes every day. At one time, casinos were just pure walk in, walk out. Now you can take a spin from the privacy of your own home. Legitimate online casinos are becoming more and more popular. Not only can you find your favorite slot machine in a regular casino, you can wander cyber space and find many of the same games online.
Whether you're looking for primary jackpots, secondary jackpots or progressive slot jackpots, online casinos give you the pleasure of playing whenever you want. Linked progressive jackpots are now common to both online and offline casinos.
Playing at the casino can be fun, relaxing and relatively pain free. You just need to keep a few things in mind when doing so. Always know your limit. Playing slot machines should always be for entertainment only, not intended to use as an income. If you want to play progressive slot machines, remember that you can give them a spin, but don't chase a rainbow that is not guaranteed to win.
Hitting the Jackpot with Progressive Slot Machines
Going For the Million plus Payback
Progressive slot machines offer jackpots that are larger than flat top machines. In some cases, these jackpots are huge and the payback can change a player's life. While the paybacks and jackpots are large, they are large for a reason. The chances or odds of winning the mega jackpot or payback are smaller than on flat top slots. Everyone however, wants to win a huge jackpot on online slot machines. Below you will find all you need to know about playing to win the large jackpots available on progressive slot machines.
Why Jackpots Are So Large
Progressive machines are a group of several online slot machines linked together. A percentage of the money played on each machine is added together to make up the jackpot. Anyone hitting the winning symbols on any machines in the network can win the jackpot. The fact the jackpot is fed by so many online slot machines allows the payback to be huge but also decreases the odds of success due to the jackpots size.
The Odds of Hitting the Jackpot
The odds of hitting the jackpot on some progressives are 20, 30 or even 40,000,000 to one! As a player its fun and exciting to know that you play for such a huge jackpot, but unless lady luck smiles on you, the odds are very slim that you will walk away with a huge payback after playing. Each player must decide how much of their bankroll they want to risk on these online slot machines where the odds of success are so low.
If you are looking to maximize your casino playing time and bankroll, it is best to limit your play on these machines or avoid them altogether and play flat top slots. Many players however, want the excitement of playing a progressive. Therefore, do so, but be sensible with how much of your bankroll you want to, or can risk playing. Most online slot players are tempted to gamble more than they should, especially when the jackpot can get so high.
Playing Progressive Slot Machines
Allocate some fun bankroll: Don't expect to win the jackpot when playing online progressive machines. Set aside some fun bankroll and be prepared to lose. Play no more than you have allocated as your fun bankroll. Be prepared to lose, but remember someone has to win the jackpot and it could be you.
You have to play maximum coins: It only takes one spin WITH MAXIMUM COINS played, but you must play maximum coins. If you aren't going to play maximum coins, you should not play progressive slot machines, because you are not going to win the mega jackpot, which really should be the whole point of playing a progressive slot machine in the first place.
Go for the biggest progressive slots jackpots: Progressive slots generally advertise a running tally of how much you stand to win in the jackpot. If you are playing for fun and not expecting to win, you may as well play for the biggest jackpots, so compare a few before you play.
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Hitting the Jackpot with Progressive Slot Machines
Progressive slots online are the peak of every jackpot you could ever wish to win at an online casino. A progressive slot jackpot carries the kind of jackpot that can take you from zero to hero with one instant win! Golden Riviera Online Casino Canada has the best casino games where you can win the highest jackpot you’ve ever won.
Our progressive slots online have changed the lives of so many Canadian casino players online. Our list of progressive jackpot winners has grown tremendously because we are known for being the highest jackpot paying casino online.
A progressive jackpot is a jackpot that keeps on growing the more you wager on it. The progressive jackpot keeps increasing until the highest jackpot is won. Some progressive jackpot slots are linked to one pool of real money, while others are stand-alone pools of growing sums of money.
How to Win at Progressive Slot Machines Online
The jackpot up for grabs in progressive slots online are life-changing, with the highest jackpot going into millions of Canadian dollars. That means the progressive jackpots at our online casino are on par with that of any land casino. In fact, with our progressive jackpot slots you could win a mega fortune jackpot that could change your life forever. To hit a jackpot while playing any of our progressive jackpots, players simply need to do the following:
- Create a real money gaming account at our online casino for free.
- Choose from our selection of progressive jackpot slots.
- To stand a chance to win the progressive jackpot, you must bet the maximum.
Top 3 Progressive Slot Machines Tips
We have three progressive jackpot slots tips to help you make the most out of your online gaming at our casino site:
- Play for entertainment: Always remember that every progressive jackpot is still a game of chance. This means that players should gamble for the sake of changing their circumstances around but instead for entertainment value. There’s no harm in trying to win big, however we encourage all Canadian players to play responsibly.
- Bet Max: To win the jackpot that could change your life forever, you have to wager the maximum bet. This will put you in the running to win the mega fortune jackpot.
- Manage your bankroll: Online gambling can be loads of fun but players can easily lose track of time and their money. Players should always make sure that they manage their bankroll responsibly.
Jackpot slots-A paradigm shift has taken place in casinos with progressive slots ruling the roost!
What Makes Progressive Slot Machines So Popular?
In the days of old, casinos generated the vast majority of their revenues from table games like Roulette, Craps and other attractions like Blackjack, Texas Hold'em Poker and Baccarat. Slots formed a minor component of casinos’ revenue streams back in the day, but times they are a changing. Nowadays an estimated 65% to 75% of a typical casino’s revenues are generated through slots games. To be fair, that number includes video poker, electronic games, video blackjack, video keno and video slots. However the overall trend is clear: there has been a shift towards the bright lights, and jingling jangling allure of the slots. We have come a long way from the mechanical slots games of the past where levers, springs and gears comprised the machines that we have come to love today. Nowadays, everything is electronic and governed by complex software programs known as Random Number Generators (RNGs). There are all manner of slots games available to players, starting with classic slots, themed slots, video slots and the mega-money slot machine games – progressive jackpot slots. It is this latter category of slots which dominates the scene at casinos and online casinos the world over. Technological innovation has allowed players to connect to the same networks that other players hundreds, perhaps thousands of miles away are playing on. Computerized chips, Internet technology and network functionality has created a marvel to behold in the form of progressive jackpot slots games. The jackpots can grow to be so large as to be unbelievable – $1 million + is standard with the mega-money progressive jackpot slots games.
Players often wonder if their preferred slot machine game is going to pay out – whether it be a progressive jackpot slot game or a standard slot game. Fortunately, there are hard and fast rules at land-based casinos in Las Vegas which determine the hold percentage on different coin denominations. The higher your coin denominations go, the lower the hold percentage for the casino. In other words when you risk more, the casino receives less of every dollar that you spend. The current hold percentages for different coins and wagering combinations for progressive jackpot slots games and other slots games on the Las Vegas strip are as follows:
- When you wager $5 or more, the hold is 3.5%
- When you wager $1, the hold is 4.5%
- When you wager quarters, the hold is 6.5%
- When you wager nickels, the hold is 11%
This is to say that when you are playing progressive jackpot slots games, you can expect to win more when you play higher denomination slots. The lower your coin denomination, the more the casino retains of every bet that you make.
Fixed Hold Percentages from the Box
When a progressive jackpot slot game is released, the manufacturer will recommend to the casino how much the hold percentages should be based on the different coin denominations that exist. As mentioned earlier, the more expensive machines (the progressive jackpot games with higher coin denominations) will have the lowest casino hold. Quarter machines will typically have a casino hold of approximately 7.5% at 92.4% return to player, while dollar machines will have a return to player of 95%, or a casino hold of 5%, and $25 machines will have a casino hold of 3% or a return to player of 97%. This is standard across the casino industry, and it is an important consideration when understanding how progressive jackpot slot machines work. Incidentally, the number of spins that any machine is put through during its life cycle is 10 million – that is what the manufacturer determines to be the correct number to determine the RTP and the casino hold. Now that you have an understanding of how casinos make money off progressive jackpot slot machine games, it's time to get into the nitty-gritty of how progressive jackpot slot machine games actually work and what forms they take.
Progressive Jackpot Slots – The Real Deal
We have already established progressive jackpot slot machine games pool together a percentage of all wagers that are made by players in the network. The proverbial big one – the mega jackpot – is a reference to the progressive jackpot slot machine game that you will see at online casinos and land-based casinos alike. The jackpots routinely spiral upwards of $1 million, sometimes significantly higher than that. To win the progressive jackpots, players will need to line up the correct number of symbols on the requisite number of paylines at the right wagers. You can win a progressive jackpot on the minimum coin denomination, but then you will walk away with a fraction of the total prize pool. This is one of the most important aspects to consider before you wager at an online casino: always play at maximum bets when you're playing progressive jackpot games because you will guarantee that the payout you receive is the maximum payout for the game that you're playing. It's similar to playing video poker and hitting a Royal Flush with 1 coin as opposed to getting a Royal Flush with 3 coins – the payouts are substantially higher and the risk is more handsomely rewarded in this regard.
An interesting point to remember about progressive jackpots is that the payback percentage will always be less than other winning symbols, perhaps even other machines because a fraction of every wager goes towards the progressive jackpot prize pool. This is a reality of all progressive jackpot games – progressive blackjack, baccarat, video poker and slots. In and amongst the variety of progressive jackpot games are 3 unique progressive jackpot slot machines, including standalone progressive jackpot machines, wide area progressive jackpot machines and proprietary progressive jackpot machines. As its namesake suggests, the standalone progressive is a machine that is not linked to any other progressive jackpot machines. A percentage of all wagers made on the machine will go towards the progressive jackpot prize pool and players can see exactly how much is available by checking the jackpot meter. It should be pointed out that the actual jackpot prize pool with standalone progressive jackpots is substantially less than it would otherwise be with wide area progressive jackpots.
Speaking of wide area progressives, these are the mega-money progressive jackpot machines. They feature a substantial number of interlinked video slot machines which are independently run. Typically, casinos or online casinos will share in the winnings, but the actual software manufacturer/owner has full rights to the games. Overall, the payback percentage on wider progressive jackpot games is substantially less than it is on proprietary progressives or standalone progressives. In terms of RTP and casino hold, you should remember that wide area progressives are notoriously low payout machines percentagewise, but when they do make payment they are often life changing sums of money. It is always advisable for players to allocate a set budget towards wide area progressive jackpot play. These games may not pay out frequently, but it is the allure of the monstrous jackpot payouts that reels in players left right and centre.
Conventional wisdom dictates that instead of playing wide area progressive jackpot slot machine games, you should focus your attention on other forms of progressive slots because their payout rates are better. The last progressive jackpot slot machine variant to consider is the proprietary progressive or the in-house progressive jackpot game. These feature several slot machines or video poker machines or even blackjack machines that are linked together within a single casino. The actual casino may span several properties, but the in-house progressive jackpots are owned and operated by the casino/casino software provider in question. While the payouts are less than wide area progressives, they are substantial and can routinely run into millions of dollars.
Tips for Winning Progressive Jackpot Slot Machine Games
Recall that progressive jackpot slot machine games, like other slot machine games are governed by computerized chips known as random number generators. These randomizers are put in place to ensure the fairness of every single outcome. That having been said, there is no single strategy, or combination of strategies that will guarantee winnings for you. It has been said that the odds of winning a natural progressive jackpot slot machine game are not dissimilar to the odds of winning a lottery. The difference however comes from the fact that every time you spin the wheel in a progressive jackpot slot machine game you stand a chance of winning. In other words you can play multiple times per minute as opposed to waiting for a lottery draw to take place once a week. Another thing about progressive jackpots and slot machine games in general is that they are never due for a payout at any point in time. These games will pay out when the random number generators determine that they will pay out. In other words it is completely based on chance. But there is one inescapable reality of progressive jackpot games: if you don't play you stand zero chance of winning.
There are several tips that you can employ to increase the likelihood that you will win a progressive jackpot game. These are rooted in the decisions that you take before depositing and spinning away. For example, progressive jackpot games with higher wagers generally have a lower hold and a return to player is greater. These games will be more favourable to the player, but will be more costly to play at the same time. Another point is to always wager on maximum paylines at maximum wagers to guarantee that you received the maximum possible payout when it happens. There are scores of popular progressive jackpot games including Mega Moolah, Elvis, Megabucks, Wheel of Fortune and other attractions. These games have built a reputation for themselves as the world's biggest progressive jackpot games with payouts in the millions. This is true whether you're playing online progressive jackpot games or land-based progressive jackpot games.