One of the most alluring features of online casinos is their collection of progressive jackpots. Almost every online casino offers games associated with progressive jackpots, although some casinos offer more progressive jackpot games than others. Players love progressive jackpots, even though they are difficult to hit, because progressive jackpots keep growing in size till a lucky player wins them. Since progressive jackpots are worth millions of dollars, winning one can be a life-changing experience.
Values of Progressive Jackpots
How does a progressive jackpot grow? Progressive jackpots are made up of two parts—a seed value contributed by the house and the jackpot value contributed by the players. Whenever a progressive jackpot is won, its value is reset to its seed value. Whenever players bet on a progressive jackpot game, a small percentage of that bet is put into the progressive jackpot and this continues till a lucky player wins the jackpot. Some progressive jackpot games form part of a network, which means that bets placed by players in all casinos belonging to the network contribute to the pot, making it very huge indeed.
For example, Pyramids of Anubis, Pirate Island, Old West, and One Night In Vegas have a seed value of €1000. Besides, 1% of each bet placed by players on the game goes into the progressive jackpot.
Finding The Right Games
Finding progressive jackpot games is incredibly easy because almost every reputed online casino offers them. Progressive jackpots are not associated with modern multiline slot machine games alone, but also with classic slots, card games such as Caribbean Stud Poker, and video poker games.
Five Biggest Recent Winners
Winning a progressive slot is not that easy, but it is not impossible either. Here is a list of five top progressive jackpot winners in the world:
- In June 2004, Joaquim M. was playing Major Millions in Jackpot City Casino when he won €1.4 million.
- Mathew G. won €1.9 million at Jackpotjoy Casino playing Deal or no Deal.
- GAMAGO won $4.9 million playing Mega Fortune Wheel at Party Casino.
- Klaus E. won $5.5 million playing Mega Moolah at Blackjack Ballroom in April 2008.
- Georgios M. won €6.3 million playing Mega Moolah in River Belle Casino in May 2009.
Tips to Win Progressive Jackpots
One of the most disappointing facts about progressive jackpot games is that their payout percentages are very low. Players should, therefore, adopt some effective bankroll management techniques and use only part of their bankrolls on progressive slots.
Players must also understand that the progressive jackpot feature is triggered only when they are bold enough to bet maximum.