Online casino slots with progressive jackpots are exciting to play. One spin can result in life-changing sums. But how exactly do these jackpots work? Progressive jackpots are prize pools that grow over time. Unlike fixed jackpots with a set amount, progressive jackpots increase when the game is played but aren’t won. The jackpot is contributed to by each bet placed. This continues until someone wins the entire amount, after which the jackpot resets to a predetermined starting value and begins to grow again.
Types of progressive jackpots
Online slots offer several types of progressive jackpots:
- Standalone progressives – These jackpots are linked to a single game. They tend to grow more slowly but are usually won more frequently.
- Local progressives – These jackpots are linked across multiple games within a single online casino. They grow faster than standalone progressives and can offer larger prizes.
- Network progressives – The most significant jackpots are linked across multiple games and online casinos. They can reach enormous amounts but are less frequently won.
Winning the progressive jackpot
The way to win a progressive jackpot varies depending on the game. Some standard methods include:
- Random trigger – The jackpot is awarded randomly, regardless of the symbols on the reels.
- Symbol combination – A specific combination must appear on the reels to win.
- Bonus game – Players must trigger and win a particular bonus game to claim the jackpot.
- Bet requirements – Some games require a minimum or maximum bet to be eligible for the jackpot.
A progressive jackpot typically comes with very low odds of winning. You are less likely to win a large jackpot. We1Win user-friendly interface makes navigation a breeze.
Seed values and contribution rates
When a progressive jackpot is won, it doesn’t reset to zero. Instead, it resets to a predetermined amount called the seed value. The casino or game provider usually funds this seed value to ensure there’s still an attractive prize, even immediately after a big win. This rate can vary between games and casinos. A higher contribution rate means the jackpot will grow faster, but it also means less of your bet is going towards regular game payouts.
Progressive jackpots and return to player (RTP)
The Return to Player (RTP) measures how much a slot pays back to players over time based on all money wagered. Progressive jackpots can affect a game’s RTP in two ways
- Lower base game RTP – Games with progressive jackpots often have a lower base game RTP to account for the jackpot contribution.
- Increased overall RTP – When you factor in the progressive jackpot, the overall RTP of the game can be higher than non-progressive slots.
It’s important to remember that the vast majority of players will never hit the progressive jackpot, so the effective RTP will be lower than advertised for most players.
Conclusion
Online progressive jackpots add a new level of excitement to slot games. The possibility of life-changing wins makes them appealing to many people. Progressive slots are games of chance. Jackpot games are exciting but should not be played for financial gain. Understanding the mechanics behind progressive jackpots can enhance your online casino experience. Progressive slots provide a unique and engaging form of entertainment for those who love gambling online, whether looking for big wins or just enjoying the excitement of watching the jackpot grow.
