Progressive jackpot is the prize win of progressive slot games. The size of the winning is usually quite large sometimes life-changing. The largest progressive jackpot win recorded is around €19 million Euros.
What are progressive slot games?
While the primary gameplay of progressive slots is identical to that of standard online slots, the payouts are different. Progressive slots, as its name indicates, do not have a fixed jackpot payout, but instead a jackpot payout that increases with each wager made. In contrast to traditional online slots, which provide rewards depending on each player’s stake, progressive slots offer a jackpot that grows with each wager placed on the game.
There are few online casino games as popular as progressive jackpot slots. These games provide the thrilling action of online slots together with the opportunity to win life-changing winnings. Due to the fact that progressive slot jackpots continue to rise until someone wins, it is possible to win millions without spending too much money.
If you’re a fan of online slots, you’ll want to play the greatest progressive slots to win life-changing jackpots with a single spin. Our team of professionals at Casino Awards has analysed the best online casinos and chosen the most intriguing progressive online slots for you to enjoy. Our slots specialists play every online progressive slot available. We search for the finest bonus features, the largest payouts, and the highest jackpot odds.
Discover all you need to know to play the most thrilling kind of online casino games by reading this comprehensive guide on progressive slots. Although the odds may be small, who knows, maybe the next jackpot may be yours. Therefore, continue reading and begin playing the finest progressive jackpot slots now.
The progressive slot maker or, in certain cases, the casino operator funds the initial jackpot with a sum of money referred to as the Jackpot Seed. In addition, a portion of each wager placed on the progressive slot is contributed to the jackpot, which will continue to grow until a lucky player hits the jackpot-triggering combination of symbols. After a jackpot is won, additional seed money is added, and the jackpot begins to grow/progress once more. Therefore, the longer a progressive slot game remains not being won, the larger the prize becomes.
In many instances, progressive jackpots are tied to a casino website, a network of online casino websites, or a collection of slot games. By distributing the jackpot among several websites and games, developers and casinos are able to offer genuinely enormous payouts.
Notably, the game creator incorporates an insurance element into the payout. Specifically, a percentage of each wager contributes to the maintenance of the Jackpot Seed and jackpot liquidity. As a result, the developer will always be able to pay out winnings when the jackpot is won.
There is a great deal of superstition around progressive slots. Some gamblers would never play a progressive slot machine if the jackpot has just been won, thinking that it is impossible to retrigger the jackpot. That is a fallacious assumption since there is no truth behind the pattern of online slots. Every progressive slot is controlled by a RNG (Random Number Generator), which ensures that the result of each spin is random. However, keep in mind that it is always preferable to wait for the jackpot to grow into sizeable portions before playing a freshly reset progressive slot game.
Standalone Progressives Slots
Standalone progressive slots are the most basic kind of progressive jackpot slots. These slot machines are not linked to a network or any other casinos. Instead, it’s a standard online slot that uses a portion of each play to boost the jackpot. A solitary progressive slot game will not feature awards similar to other progressive slots online due to the more restricted potential for boosting the jackpot.
Each game in a standalone progressive slot will have its own jackpot that can only be won at that game. A local progressive jackpot, on the other hand, might be won by playing any of the games in a network since they are all linked.
Local Progressives Slots
A local progressive slot is similar to a standalone progressive slot in that it collects stakes from a single casino rather than a network. The progressive jackpot may sometimes be increased by playing many slots at the same casino rather of simply one. Still, the concept is the same, since there is no network of games that allows jackpots to grow to enormous proportions.
Assume that casino A and casino B both have the identical progressive slot games. Despite the fact that they are the identical games, the jackpot will differ. This is due to the fact that only wagers placed at casino A will contribute to the progressive jackpot. Similarly, only wagers placed at casino B will be counted towards the jackpot.
Progressive Slots of the Wide Area Network
Wide area network progressive jackpot slots take a percentage of all bets placed on a slot game across many casinos. For example, if casinos A, B, and C all offer the same progressive jackpot slot, all bets will contribute to the same prize pool. This also implies that players from casinos A, B, and C will be competing for the same jackpot.
A network may be a group of casinos, all casinos in a nation that host the progressive slot, or even a worldwide network. When you play wide area network progressive slots online, you have the chance to win a genuinely life-changing amount of money.
Progressive slots are among the most popular games in the world of online casinos, thus game designers save some of their greatest titles and features for progressive games. There is a great deal of diversity, with games offering a number of features, jackpot amounts, payment options, and more.
Check out our jackpot tracker to keep track of the jackpots when they reach incredible amounts. It will inform you of the optimal time to play a game. For instance, you should not play online progressive slots if the jackpot has recently been won. There will be no accumulation of funds, thus it is preferable to wait. Similarly, if a game has amassed a substantial prize pool, now may be the time to participate.
One of the finest features of online casinos is the ability to play on the go. The market has adapted to the mobile revolution, delivering casino games on iOS and Android smartphones and tablets. That includes mobile-accessible online slots games with progressive jackpots.
However, there are a few factors to consider while choosing for a mobile progressive slot game.
Ensure that the online casino or slot software you choose is trustworthy and robust. This assures that the website you are using is safe and has no performance issues. Choosing one of our recommended mobile online casinos is one way to attain the greatest mobile progressive slot gaming experience.
We feature the top online casinos that provide fully optimised mobile gaming experiences in one of two formats:
Mobile browser — If you wish to play progressive jackpot slots on your smartphone or tablet, you may do so via the browser. Although the site will be optimised for various mobile devices and screen sizes, it is very similar to the desktop experience. Additionally, the visuals, menus, and functionality may vary depending on the device you use. On Android, iOS, and Windows Phone devices, mobile browser-compatible casinos are accessible.
Apps – Numerous online casinos and slot providers offer mobile gaming applications. Although this requires downloading the programme to your mobile device, there are several advantages to mobile slot applications. With a specialised app, for instance, you will have an online casino experience that was created from the bottom up for mobile devices. Typically, an application provides superior connection, optimal mobile usage, and device alerts. Apps for mobile slots games may be downloaded for iOS and Android smartphones via casino websites and app stores.
The fact that Mega Moolah holds the record for the largest progressive jackpot slot win demonstrates why it is one of the most popular online games ever. Microgaming’s game boasts seven of the ten highest-ever progressive jackpot winnings, while NetEnt’s Mega Fortune holds the other three positions. Regardless of which of these games you pick, if you win, your life will be transformed.
On September 28, 2018, the largest online progressive jackpot ever paid was won by an anonymous player. The jackpot was won while playing Mega Moolah at Grand Mondial Casino. Due to the player’s decision to maintain anonymity, nothing is known about their country or name. Their payout was in the vicinity of €19,000,000.
Mega Moolah was also responsible for the second-largest progressive slot payout of all time, which was awarded to an anonymous Canadian player over CA$ 20,000,000 at Zodiac Casino.
A British gambler called Jon Heywood won over £13,000,000 progressive jackpot at Betway on October 6, 2015. The Guinness Book of Records acknowledged Heywood’s accomplishment. His win at the time was the greatest online jackpot payment in history. Since then, Heywood’s impressive victory has fallen to number three on the list. However, we doubt he is going to complain.
In 2013, NetEnt’s Mega Fortune awarded an unidentified Finnish player at Paf Casino a whopping jackpot of nearly €18,000,000. Even though it was won almost eight years ago, this jackpot remains the fourth largest ever.
Progressive slots provide the greatest opportunity to win substantial jackpots at online casinos. With steadily increasing jackpots, seven-figure awards are common. As this example demonstrates, they may even develop into eight-figure jackpots that produce multimillionaires. It is reasonable to assume that winning at a progressive slot game may transform one’s life.
Now that you understand how to play progressive slots, don’t you believe it’s time for you to give it a shot? Select from our collection of progressive slots games and start spinning immediately.
How can slot developers afford to pay out such enormous progressive jackpots is a common question. However, the developer does not really pay the winners. Remember that a progressive jackpot is supported by a portion of each player’s wager. In other words, the jackpot is paid by you and other participants.
So, what are your options if you win a large sum of money? Remember that some gamers have won millions playing online progressive jackpot slots.
If you win a lower sum, the online casino where you played will often handle the payoff. However, online casinos have withdrawal limits that restrict the amount of winnings you may cash out. For instance, your online casino may restrict monthly withdrawals to £15,000. If you win much more, your earnings will be distributed over months or even years.
The largest progressive jackpot payouts are issued by the software developer. When this occurs, the winning is often paid as a single payment. Occasionally, the developer may provide a single amount followed by yearly payments. Whether it’s a payout from the casino or developer, it’s essential to study the terms and conditions of a slot game to know its payment structure.
Progressive jackpots are often won by wagering the maximum amount on an online jackpot game, despite the fact that game-to-game variability could be high. “Bet Max” signifies that you bet the maximum number of coins for each spin of the reels. Thus, playing progressive slots might be costly, but the payouts can be substantial.
If you do not want to wager the maximum sum, it may be argued that you should not play progressive jackpot slots at all. However, all progressive jackpot games provide basic games with additional payouts, allowing you to play them as you would any other online slot game.
Mega Moolah is most likely the most well-known progressive jackpot game, but you don’t necessarily have to Bet Max to win big. This is due to the fact that this game offers additional huge rewards, including jackpots that may reach £1 million without wagering the maximum bet.
Always read the Terms and Conditions before prior to playing an online progressive slot. By doing so, you will discover the casino’s betting limits, withdrawal policies, and bonuses, if any. If you often play progressive slots, you will spend a great deal of money, therefore you must take steps to protect your funds. Mastering the game rules ensures that you have no unpleasant surprises in the future.
Popular progressive jackpot slots give players the opportunity to win life-changing amounts of cash. The top developers and slot games will always provide you with a fair chance of winning, and the top online casinos will provide a safe environment to play. We advise only those online casinos and slot games that have passed the scrutiny of independent authorities to safeguard the fairness for players.
We thoroughly evaluate and then choose the best online casinos with the greatest progressive slots. Gambling Authority from different jurisdiction usual issue a licence to eligonline casino site. This is to guarantee that games are always fair, players are always protected, and wins are always paid out.
Remember that, like any type of gaming, online progressive slots are intended just for fun, and wins are entirely dependent on random chance. Therefore, bet wisely at all times, never attempt to recoup your losses, and keep a tight check on your finances. If you feel that things are spiralling out of hand, take a break and seek assistance. Always bet sensibly so that you may return for another opportunity to win on a progressive slot game.
Although there are many online slot developers, the top progressive jackpot slots are still produced by some of the most renowned software companies in the online casino business.
Playtech, one of the world’s top providers of online casino games, features an enormous selection of slots, including some of the greatest progressive slots available. Playtech casino games are renowned for giving players extensive flexibility over paylines. Obviously, in a game with a progressive jackpot, you’ll want to wager the maximum amount, but it’s wonderful to have the ability to set bets more flexibly if necessary.
Microgaming – Microgaming is the longest-running producer of casino games and perhaps the most recognisable brand in the online slots industry. Since its founding in 1994, the firm has produced some of the most popular online casinos games. Microgaming has created everything from cult classics to blockbuster slots. Nevertheless, the Mega Moolah and Major Millions progressive jackpot slots are among Microgaming’s most well-known products.
Yggdrasil – Compared to its more established competitors, Yggdrasil is a relative newbie to the online slots industry. Since its inception in 2013, the Swedish firm has developed many timeless classic games. With its progressive jackpot slot titles, Yggdrasil has earned a reputation for using cutting-edge technology to create unforgettable playing experiences. The outcome is new online slots that offer enormous payouts.
NetEnt – Once a challenger to Microgaming’s throne, NetEnt is now on par with its competitor due to its unique approach to online slots. NetEnt, renowned for its aspirations and original games, also offers some of the greatest online progressive jackpot slots. Mega Fortune is the most well-known of the company’s online progressive slots and was formerly renowned for the largest payouts.