The online gambling industry has been rapidly growing over the past couple of years. The surge of players in online casinos has a lot to do with the variety of games that are offered, as well as the ease of play that offers online gamblers a chance to play their favorite games at any time.
Among all the casino games, slots are the most popular, especially in the online gambling market. However, even slots can be diversified into a few different categories, and even though the method of play may be similar, there is a big difference in how slot machines work.
So, let’s find out what are progressive slots, how they work, and which strategies to use in your next gambling session.
What Are Progressive Slot Machines?
Progressive slot machines are just like regular slot machines in terms of play, but there are differences in terms of what’s happening in the background.
Progressive slots are made around the idea of winning a huge jackpot. So, if you see a slot machine that offers a life-changing jackpot win, the chances are that that is a progressive slot machine.
Progressive slots are designed so that they take a small percentage of every bet made on the game towards funding the jackpot prize. So, whenever people gamble on a progressive slot, a small percentage of their bet is used to fund the jackpot, and one lucky winner will get all the money.
This means that progressive slots tend to pay less on a day-to-day basis, but you get a chance to compete for a life-changing prize.
Jackpot Types
As we know that the slot gaming world is vast, and even progressive slots have a few different categories in terms of how the jackpot drops. There are many different types of jackpots, such as fixed jackpots and progressive jackpots.
Additionally, the jackpot in progressive slot games can be tied to a different rule, such as time limit, the total amount reached, and more.
This means that some progressive slots can have daily, weekly, or monthly jackpots or the jackpot will drop when the total amount reached a certain limit.
So, even though progressive slots are attractive for players just because they offer them a chance to win a lot of money, there isn’t a way to know when the jackpot will drop.
Tips for Playing Progressive Slots
Even though there isn’t a chance for you to know the exact time when the progressive jackpot would drop, there are certain things you can take into consideration such as the date that the previous jackpot dropped. For instance, if the progressive jackpot is tied to a limit (reaching $100,000), if the jackpot dropped recently, the chances of a lucky winner receiving another jackpot are slim.
Additionally, the progressive jackpot is somehow tied to your betting amount. So, if you want to chase the big prize, it is best to max out your bets.
Another thing to consider is to choose the type of jackpot you want to chase. Since there are many different slot games available, each of them offers a different jackpot, and the chances of winning one are different in each game. This means that you should find the best jackpot for you and start betting.
Remember, progressive slots tend to pay less than regular slots regularly just because a percentage of the bet is used to fund the big prize. This means that you’ll earn less money in the long term if you don’t win the jackpot.
Final words
Offering a big jackpot is very exciting in a slot game, which is why many people love progressive slots. Even though the chances of winning a life-changing jackpot are slim since there are many players involved in the process, it is still great to chase something, and hope that you’ll be the lucky winner.