Progressive jackpot slots at online casino
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Wazamba is a casino owned by the Rabidi N.V. group, operating under license from Curacao. It is known for its original theme and feature of collecting hero masks. It also offers betting on e-sports and live games.
In progressive jackpot slots, every spin can be a turning point in a player's life. The main trick of these games is that a portion of bets is allocated to a single prize pool, from which a multi-million dollar jackpot is created. Of course, winnings in such slots are quite rare, but who knows if luck won't suddenly smile on you?
What are progressive slots?
Progressive slots - a type of slot machines in which the accumulated jackpot grows with each new bet. They differ from regular slot machines with fixed jackpots because a portion of each bet is added to the total jackpot and increases the potential prize. Although the odds of hitting the jackpot in such slots are quite low, winnings can reach colossal amounts. In addition, progressive jackpot games often offer many bonus rounds and additional features, making them not only profitable, but also interesting to play.
Differences between regular jackpot slots and progressive jackpot slots
Fixed and progressive jackpot slots offer players great winning potential, but have many unique features and game mechanics. We have compiled the key differences between the two for your convenience:
Function | Fixed jackpot slots | Slot machines with progressive jackpot |
---|---|---|
Payout structure | Fixed jackpot, its size is set in advance | The size of the jackpot increases with each bet |
Frequency of payouts | Jackpot payouts are more frequent than in progressive slot machines. Payouts are more predictable | Payouts depend on the rate of jackpot accumulation, payout frequency is lower than in fixed jackpot slot machines. |
Minimum bets | The jackpot can be won even with minimal bets | Often only players who place large bets have a chance to win the jackpot. |
Game mechanics | Simple and intuitive mechanics - to win the jackpot, most often you need to collect a certain combination of symbols. | Availability of additional multi-level bonus rounds and features, often the jackpot is only available in bonus rounds. |
So let's summarize the intermediate results - in slot machines with fixed jackpots the big prize statistically falls more often, and such games are more predictable. In progressive jackpot games, the size of the main prize can reach millions of dollars, as it is created from players' bets, but it is more difficult to win. Often progressive jackpot slots offer complex mechanics and additional bonus rounds.
How progressive slots work
Progressive slots are considered the most lucrative games in online casinos. Often, several games on the same platform are bundled together, and when someone places a bet, part of that amount goes into a common pool, gradually increasing winnings. To win in such a slot, one often has to activate special features - for example, bonus rounds. Usually progressive jackpots have several levels: mini, midi and mega, which are played at a certain time. If several games are networked and the jackpot is common to them, you can win the top prize at any slot machine in the group.
Types of progressive jackpot slots
Several varieties of progressive jackpot slots are presented in the player libraries of popular online casinos, and each of them has its own unique features and rules of operation. For example, several slots from the same provider can be combined into a single network, and the jackpot is formed from a portion of all bets made by players on these slots. Before choosing the right slot, it is very important to understand all the varieties of progressive jackpot games. To help you, we have analyzed the features of the most popular varieties of these games.
Standalone progressive slots
Stand-alone progressive slots operate independently of other games. A certain percentage of all bets placed by players creates one total jackpot, which is randomly played between players. These slots are often found in classic land-based casinos, but they are not uncommon in online casinos either. Standalone progressive jackpot slots usually offer smaller prizes than online slots. However, the wins in them are much more frequent, which means it's easier to claim the top prize in them.
Local progressive jackpot slots
Local progressive jackpot slots combine several games in one online casino, and a single prize pool is created from all bets placed by players. That said, each bet on any of the slots in the group adds a small portion to the overall jackpot. Local slots may offer larger jackpots than standalone slots, but they are usually still lower than network jackpots.
Network progressive slots
Finally, network progressive jackpot slots are considered the most lucrative - their individual prize pools can reach millions of dollars. Progressive slot networks combine multiple games from different casinos into one common jackpot. One of the most famous examples is Microgaming's Mega Moolah, which combines slots around the world. The record jackpot for this game was €17 million.
What are the chances of winning a progressive jackpot?
Each game has its own chances and conditions for participating in the jackpot drawing. In some slots, the progressive jackpot is paid only at the maximum bet, in others the chances increase as the bet size increases, but this does not guarantee a win. With most progressive slot machines, the specific odds of winning are not disclosed, but as a rule, the larger the progressive jackpot, the lower the odds of winning.
In famous progressive jackpot slots, such as Mega Moolah and Mega Fortune, the probability of winning the main jackpot is often measured in hundredths or even thousandths of a percent. This is because such jackpots grow thanks to bets by large numbers of players, and the higher the cumulative jackpot, the rarer it is to hit it.
Leading providers of slot machines with progressive jackpots
The world's leading progressive jackpot slot machine providers create exciting games where stakes and winnings can reach prohibitive heights. Each of these providers offers a unique range of games that have won fans among players around the world. Among the most well-known progressive jackpot slot machine developers are the three main pillars of the industry - Microgaming, NetEnt and PlayTech. Let's talk about them in more detail.
Microgaming
Microgaming is one of the oldest and most influential companies in the online casino industry. The studio is headquartered in the Isle of Man, and its current CEO is Andrew Cloake. Microgaming became famous for its innovative approach to progressive jackpot slots, introducing iconic games such as Mega Moolah and Major Millions. Mega Moolah, in particular, is known as the maker of millionaires due to its multi-million dollar jackpots, and in 2015 it paid out more than $13 million in a single jackpot.
NetEnt
NetEnt Studios, which is part of the Evolution Gaming Group, was founded in 1996 and is still the market leader in progressive slots. Under the leadership of current CEO Ter Mann, NetEnt has developed games that have become icons among gambling fans. The studio's most colorful slots are Mega Fortune and Arabian Nights. Mega Fortune, for example, holds the record for the largest jackpot ever won in a slot, with a payout of more than 17 million euros, which was paid out in 2013.
Playtech
Playtech is a gaming studio founded in 1999 by Israeli entrepreneur Teddy Sagi. It is one of the largest providers of online casino software, specializing in various game genres, including progressive slots. Playtech's most popular series of progressive games is Age of the Gods. These slots are based on mythology and feature exciting storylines and multi-level jackpots that give players the chance to win impressive sums.