How Do Progressive Slot Machines Work
A progressive slot machine pays out more each time that a player spins, but does not win the jackpot. For example, if a machine has a $1,000.50 progressive meter, and you play one losing spin, the jackpot would then rise to $1,000.51, or another close figure. This is a very simple example of how progressive slots function. Progressive jackpot slots work in a slightly different way to regular games. In a normal slot, players make a wager, spin the reels and collect winnings independently of whatever any other player is doing. With a progressive game, there is a jackpot prize that grows and grows until one lucky player scoops the lot. Progressive machines are a group of many slot machines linked together by a network. The big progressive jackpot is made by taking a percentage of all the money played into the machine. This means that the jackpot continues to grow as more people play the machine until somebody hits the winning symbols for the top award. What Is a Progressive Slot, and How Does It Work? On most slot machines, the jackpot is a fixed amount, but on a progressive game, the jackpot rises as players put coins in the machine and spin the wheels. A tiny percentage of each coin played is used to “feed” the jackpot. There are three types of progressive slot machine games.
Progressive slots list presented on our sites are games which are the most popular with players and profitable for the casinos. These are the games with progressive jackpots as the top prize. The progressive jackpot grows every time a player at any online casino all over the world plays that progressive slot. It happens because a small share from every bet goes to the progressive jackpot. Since players can play the same progressive in different online casinos the jackpot grows very quickly until someone hits it.
You can see the current size of one or another jackpot over the slot reels. Most progressives have set rules for players to follow in order to be eligible for the progressive jackpot. However, to tell the truth, the odds of hitting a progressive jackpot are quite low. You know that old joke about asking a man or a woman about the odds of finding a diamond in the middle of a bustling main street in New York. The guy says: “One in ten million”. The girl says: “One in two”. Why? Because it’s either going to happen or it’s not. It’s kind of the same with progressive jackpots. What’s important to remember is that in slots, if we’re talking professionally, no one event is linked to the previous event, so there is no use trying to calculate probability, because every estimation of a possible outcome is based on its relation to previous events. Every roll of the dice and the ball on roulette is an independent event. Therefore the chances of hitting a jackpot on an independent event are always one out of two. Casinos always take in money in the long run, hence the saying “the house always wins”, but that is a different kind of maths.
How to win a jackpot on slot machines
As a rule, the key to a progressive jackpot is hitting a predefined combination of symbols on a payline. However, nowadays more and more slots with a random jackpot appear. Perhaps, the most famous progressive slot with the random jackpot is Mega Moolah developed by the top gaming software provider, Microgaming. Actually, this game offers 4 tiered jackpots which can be won during the bonus game which is triggered randomly. Mega Moolah is probably the most famous name in the industry, although there are plenty of other fabulous slots, with winnings of millions and millions of Euros, although you have to remember that you need to keep hitting Max Bet to get into the queue for a progressive jackpot, which can be some serious money. In the end though that means bigger payouts too.
Another leading software development company, PlayTech has some unusual progressive slots in its portfolio. One of the recent additions to the family of PlayTech progressives is Marvel multi-level mystery progressive slots. These slots have 4 linked Progressive jackpots in fact. Marvel Progressives can be won during the bonus game triggered randomly, too. The Bonus Game is played on the grid with 20 squares which have different jackpot symbols each. To win any of the jackpots the player has to find 3 identical jackpot symbols.
PlayTech offers its players the Dollar Ball game which is the Progressive Sidegame. The player must make a side bet and to choose 5 numbers out of 49. Then during the main game 5 numbers will fall out. If all 5 numbers are identical to those chosen by the player, the Dollar Ball Progressive Jackpot is hit.
RealTime Gaming offers a lot of slots with random jackpots. The random progressive jackpot can be won after any spin. Nothing matters here, but luck. Neither the number of paylines nor coins can help win the Progressive Jackpot. However, they say the higher the bet is, the more chances to win the Jackpot the player has.
Some gaming software companies, for example, Microgaming and Playtech don’t let you play Progressive slots in the Practice Mode, only when you are playing for real money. But there are other software providers that allow trying out progressives for free. They are RTG or Rival Gaming, Bossmedia and others. Make sure you really have prepared yourself for jackpots by coming in with plenty of money, and setting your bankroll (also give the GA a call to keep a seat warm for you in their weekly therapy meeting). Make sure you don’t set yourself up for a fail with too high expectations, and keep level-headed at all times.
Related article: 4 Tips on Winning Casinos with Progressive Jackpots
How Do Progressive Slot Machines Work Together
Every slot player worth his or her salt wants to win The Big Jackpot, that lottery style bonanza that alters your life forever. We are, of course, talking about progressive jackpot slot machines. There are hundreds of them out there online in cyberspace advertising big money win opportunities. But how do these work, and how do the casinos manage to front up such big jackpots? Essentially this is how it works: The big progressive jackpots build up in online slots games in which a percentage of the coins that are played into the online slot accumulate into a Jackpot, that builds and builds until someone scoops the big prize. Then the jackpot whittles down again, and starts on its climb up the value chain again.
What´s more, different online casinos are linked together across a network of sites that use the same software, meaning that more people are fueling the jackpot, causing it to build into a bigger and bigger pot.
So for example, you might have 3 several casinos that operate their games using Microgaming software. Example of casinos that use this software include 32 Red , Riverbelle and 7 Sultans.
The different casinos form a network for 2 reasons:
1. To be able to offer truly huge jackpots, often that run into the millions
2. To limit their exposure to the big wins. When someone wins the big jackpot, the loss is shared by all of the individual players in the market, which protects any one individual casino from taking a million pound hit.
So should you play progressive slots? Well, suffice to say, that progressive slots are similar in many ways to playing the lottery. The odds of winning the big one are small (you´ll get much better odds playing the table games like blackjack). Don´t make it the mainstay of your play as you are more likely to lose all of your money than win the big jackpot. But on the otherhand, if you fancy a flutter give them a go, and you never know, it could be you who scoops the big prize.
How Do Progressive Slot Machines Work In
Just remember, the jackpot has got to come from somewhere, and it is funded by lots of different people playing the machines across different casinos in a big network across the Internet. Only one of those people will win the big one!