In 1986, the International Gaming Technology company launched a system of progressive jackpots in land-based casinos, bringing slot machines to casinos worldwide. The opportunity to win massive money, growing with each bet, has pleased gamblers who dream of instant wealth.
In the mid-nineties, just if the beginning of the era of online casinos, gambling providers picked up the idea of progressive jackpots the right way. Now, the leading software developers offer such games in most online casinos, and they are in high demand among users.
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If you also dream of a stunning win, read the articles in this section of the gambling guide. It is dedicated to various topics that are directly related to the jackpots. First, we discuss online casino issues and mention multiple related topics.
Types of Casino Jackpots
First of all, jackpots can be divided into two major groups.
- A fixed jackpot has a fixed amount.
- A progressive jackpot increases with each bet made by the player.
In turn, there are different types of progressive jackpots:
- A stand-alone jackpot is drawn on a single slot or at a particular table.
- A casino's exclusive jackpot is available in several games of the house. It can be a line of video slots or different games, but only in this casino.
- A chain jackpot is offered at numerous casinos by a software provider. For example, users who play for money on Microgaming's legendary Mega Moolah slot at different online casinos are fighting for massive progressive jackpots.
Chain jackpots seem the most attractive because they can reach up to several million. But do not forget that hundreds of thousands of users worldwide claim this money.
How Do Jackpots Work in 2023?
Progressive jackpots are formed on the same general principles. Their amounts increase due to deducting a small part of the players' bets. We are often talking about 1%, although other options are possible.
If a progressive jackpot requires additional bets, this money goes to the prize fund. This approach is used in blackjack and some other casino games.
Find out about the rules and nuances of the jackpot drawing below.
Games with Progressive Jackpots
Most online casinos draw progressive jackpots on video slots. Less often, they are offered on classic slot machines, blackjack, table poker, video poker, roulette, and games of other genres.
Let's see how to win a progressive jackpot in a particular casino game.
Progressive jackpots in video slots
| You will find hundreds of slot machines with progressive jackpots at online casinos. Terms may vary so much that they should be considered separately for each game.
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Progressive jackpots in blackjack
| Progressive jackpots in blackjack almost always require an additional bet. Usually, it is fixed (for example, 1 dollar). The amount goes to the one who makes the winning combination.
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Progressive jackpots in video poker games
| To get a progressive jackpot in video poker, you often need to make the most valuable combination, playing by the maximum bet. Usually, it is the royal flush.
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Progressive jackpots in table pokers
| You must make a side bet in casino table poker to compete for jackpots. Royal flush brings the total amount; straight flush gives 10% of the amount.
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Well-known software developers make progressive jackpots in roulettes, keno, bingos, and arcade games.
How to Win a Casino Jackpot
The random number generator plays the role of fortune at online casinos. But even the randomizer "does not know" who will get the progressive jackpot until the very last moment.
The following tips on how to win a progressive jackpot do not guarantee success, but help players avoid annoying mistakes.
- Make sure you can claim the jackpot. In some games, progressive jackpots are played at the maximum bet. Can you afford it? Often the probability of winning the progressive amount increases with increasing the stakes. If you play on the lower end, your chances are slim.
- Choose games with a high enough RTP. It is no secret that games with progressive jackpots often have a low level of return to the player. It is better to give preference to more profitable slots.
- Do not go beyond the bankroll, even if the jackpot looks pretty likely to you. This is the right way to get addicted. Always set the range of bets, time spent in the casino, and the maximum loss amount in advance. Never exceed the limits.
- Remember about the variance. Jackpot games are often characterized by a high degree of variability that must be considered when choosing bets and the overall strategy.
- Make sure you are comfortable with the jackpot rules of the casino.
Generally, the recommendations are to study the T&C carefully and play cautiously.
How Are Jackpots Paid out in 2023?
The payment terms for progressive jackpots depend on the operator, software provider, amount won, and other criteria. Check out the casino's user agreement, which usually contains a detailed description of all the nuances.
The most massive progressive jackpots are usually paid in several installments. Sometimes, a customer can choose between a lump sum or monthly payments. The client can often benefit from more favorable terms in the second case. That's why many prefer it.
Online casinos rarely refuse to payout progressive jackpots. In land-based casinos, such cases are not uncommon, but they are almost always associated with a faulty operation of slot machines or jackpot systems.
Articles about Jackpots on Casinoz
This section of the gambling guide provides info about jackpots of different types offered by offline and online casinos worldwide.
We have no particular classification, but the articles can be divided into thematic groups:
- General information about jackpots with a detailed description of types, rules, and other aspects;
- Progressive jackpots of particular software producers;
- Features of progressive jackpots in different games;
- Interesting jackpot-related stories from gamblers.
We add new articles all the time, so stay tuned.
Conclusion
To win a multi-million jackpot in a casino is a cherished dream of every gambler. Yes, the chances of breaking a vast pot are small, but sometimes fortune gives a smile to the lucky ones. Who knows, maybe next time it will pay attention to you.
But do not rely only on luck. Casinoz experts will help you in the fight for a substantial jackpot in 2023.
