Progressive Jackpot Games Found at New Slot Sites
If you take a trip to your local pub, you’ll notice that fruit machines offer a rather mere jackpot of just £100. You’ll be required to play at a stake of at least 30p, with an RTP (return-to-player) rate that rarely exceeds 80%. This offers you as the player very little value.
On the contrary, the online casino space is now home to a vast range of slots that offer multi-million-pound jackpots. Even better, there is no requirement to leave the comfort of your home. Due to the growth of the mobile gaming space, you even access jackpot slots on the move.
Here we discuss the lucrative online arena of progressive jackpot slots.
What are progressive jackpot slots?
The term progressive jackpot is used to refer to a slot machine jackpot that increases in value as more and more people play. This is in complete contrast to traditional fruit machines, which are only able to offer capped prizes. On the contrary, there is virtually no limit the amount that can be won on a progressive jackpot slot.
In fact, For example, more than 154 million Euros was paid out by leading software provider Microgaming last year. This included a jaw-dropping single jackpot win of 18 million Euros on its popular Mega Moolah title. Microgaming is just one of the dozens of software developers currently involved in the progressive slot space.
You might be wondering how on earth a single slot game could afford to pay out so much money? The answer is simple. Each slot title is usually hosted by hundreds of new slot site operators, each of which pools their player stakes together.
Regardless of which online casino site you are playing at, every time you spin the wheel, a proportion of your stake contributes to the overall pot. This means that a single jackpot prize can run into the millions of pounds in less than a week.
How do I stand a chance of winning the progressive jackpot?
When you play a slot machine that offers a progressive jackpot, every player has an equal chance of winning the top prize. The reason for this is that each game is backed by RNG (random number generator) technology. This ensures that each and every game that you play is true and fair, and that each outcome is determined on a random basis.
The great news for you as the player is that stake size does not play a factor in who wins. Regardless of whether you are playing the minimum stake size, or wagering hundreds of pounds per spin, you’ll still stand the same statistical chance of winning.
Although the overall objective is to walk away with the jackpot, it is important to remember that progressive slots also offer standard wins. This means that you can still make a profit even if you don’t land the top prize. The best progressive slot machines will be jam-packed with bonuses and features, subsequently ensuring that the end-to-end gaming experience is a positive one.
Can I find progressive jackpot games at new slot sites?
Regardless of how new the slot site is, its all but certain that they will host a range of progressive slot games. The reason for this is that it is not the casino themselves that creates the slot title. On the contrary, this role is reserved for the software developer.
This makes it super easy for new slot sites to install leading slot titles that offer huge jackpots. Don’t forget the more casino sites that enter the market, the higher the progressive jackpot will get!